Exhibit 99.1 Parent of CFBank, NA PRESS RELEASE FOR IMMEDIATE RELEASE: May 7, 2024 For Further Information: Timothy T. O'Dell, President & CEO Phone: 614.318.4660 Email: timodell@cfbankmail.com CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 1st QUARTER 2024. Columbus, Ohio – May 7, 2024 – CF Bankshares Inc. (NASDAQ: CFBK) (the “Company”), the parent of CFBank, National Association (“CFBank”), today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 H ...