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David C. Vernon, Vice Chairman since January 2006, was Chairman of Central Federal Corporation and CFBank since January 2003. Mr. Vernon was Chief Executive Officer of the Corporation and CFBank from January 2003 to January 2005 and President of the Corporation from March 2003 to January 2005.
Vernon’s experience spans over 40 years with financial institutions of all sizes. His activities ranged from executive management with large organizations such as Bank One and Merrill Lynch to the entrepreneurial founding of Summit Bank and its publicly traded parent. In its first year of eligibility, Summit Bank was recognized as a Weatherhead 100 company.
Mr. Vernon was born in Akron and lived in the Akron community for most of his life, except for his military service in the US Marine Corps. He graduated from the University of Akron with a major in finance and from graduate banking schools at the University of Wisconsin and State University of New York. His teaching credits include SUNY and the Ohio School of Banking.
He has served as a director on the boards of ten for-profit companies. His community service includes more than a dozen foundations and community boards. Vernon was honored in 1997 as the Akron Regional Development Board’s Entrepreneur of the Year. | 