CENTRAL FEDERAL CORPORATION (NASDAQ:CFBK) Files An 8-K Submission of Matters to a Vote of Security Holders

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CENTRAL FEDERAL CORPORATION (NASDAQ:CFBK) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07.Submission of Matters to a Vote of Security Holders.

Central Federal Corporation (the Company) held its Annual Meeting
of Stockholders (the Annual Meeting) on May 31, 2017 in New
Albany, Ohio.The purpose of the Annual Meeting was to consider
and vote upon the individual matters as described below.The
results of the voting were as follows:

1.

Robert E. Hoeweler and Robert H. Milbourne were elected
as directors of the Company for three-year terms expiring
in 2020.Results of the voting were as follows:

Nominee

For

Votes Withheld

Broker Non-votes

Robert E. Hoeweler

7,950,768

118,417

6,587,006

Robert H. Milbourne

7,897,273

171,912

6,587,006

2.

Stockholders holding a majority of the shares of common
stock of the Company represented in person or by proxy at
the Annual Meeting approved Proposal 2, a non-binding
advisory resolution to approve the compensation of the
Companys named executive officers as disclosed in the
proxy statement.Results of the voting were as follows:

For

Against

Abstain

Broker Non-votes

6,624,074

1,366,278

78,833

6,587,006

3.

Stockholders holding a majority of the shares of common
stock of the Company represented in person or by proxy at
the Annual Meeting approved Proposal 3, to ratify the
appointment of BKD, LLP as the Companys independent
registered public accounting firm for the year ending
December 31, 2017.Results of the voting were as follows:

For

Against

Abstain

Broker Non-votes

14,243,230

48,994

363,967

0

4.

Stockholders holding a majority of the shares of common
stock of the Company outstanding and entitled to vote at
the Annual Meeting approved Proposal 4, to grant
discretionary authority to the Companys Board of
Directors to amend the Companys Amended and Restated
Certificate of Incorporation, as amended, to effect a
reverse stock split of the Companys common stock in a
specific ratio ranging from 1-for-5 to 1-for-8, as
selected by the Board of Directors.Results of the voting
were as follows:

For

Against

Abstain

Broker Non-votes

13,238,984

920,292

496,915

0


About CENTRAL FEDERAL CORPORATION (NASDAQ:CFBK)

Central Federal Corporation is a holding company of CFBank. CFBank is a savings institution. The Company attracts retail and business deposits from the general public and use the deposits, together with borrowings and other funds, primarily to originate commercial and commercial real estate loans, single-family and multi-family residential mortgage loans and home equity lines of credit. The Company’s customers are small businesses, small business owners and consumers. The loan portfolio consists primarily of commercial, commercial real estate and multi-family mortgage loans, mortgage loans secured by single-family residences and consumer loans. Its primary sources of funds are retail and business deposit accounts and certificates of deposit, brokered certificates of deposit and, to a lesser extent, principal and interest payments on loans and securities, Federal Home Loan Bank (FHLB) advances, other borrowings and proceeds from the sale of loans.

CENTRAL FEDERAL CORPORATION (NASDAQ:CFBK) Recent Trading Information

CENTRAL FEDERAL CORPORATION (NASDAQ:CFBK) closed its last trading session down -0.04 at 2.16 with 35,459 shares trading hands.