Central Federal and its wholly-owned banking subsidiary, CFBank, named Steve Nitzsche senior vice president and equipment finance manager. Nitzsche will be based out of CFBank’s Cleveland office.

Nitzsche brings more than 35 years of experience in the equipment finance industry and will be responsible for expanding the equipment finance department for CFBank, with a focus on offering equipment loans and leases to businesses throughout its Ohio footprint.

Tim O’Dell, president and CEO, said, “Offering a complete product line of equipment finance options gives CFBank the ability to provide an even broader array of financing alternatives for our clients. Equipment leasing also serves as a great door opener to potential new commercial relationships for CFBank, including small businesses through large corporate clients. Steve’s extensive industry knowledge will allow us to offer customized loan and lease structures to our clients for meeting their equipment financing needs. CFBank distinguishes itself in its delivery by being much more user-friendly, as well as by successfully building mutually beneficial business relationships.”