Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Lawell John S
 2. Date of Event Requiring Statement (Month/Day/Year)
06/04/2010		 3. Issuer Name and Ticker or Trading Symbol
CENTRAL FEDERAL CORP [CFBK]
(Last)
(First)
(Middle)
2923 SMITH RD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Senior Vice President CFBank
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

FAIRLAWN, OH 44333		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Central Federal Corporation Common Stock 3,500
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
stock options - right to buy 06/23/2005 04/15/2014 Common stock 3,000 $ 12.6 D  
stock options - right to buy 12/31/2005 05/19/2015 Common stock 3,000 $ 10.42 D  
stock options - right to buy   (1) 02/15/2017 Common stock 1,000 $ 7.35 D  
stock options - right to buy   (2) 03/20/2018 Common stock 2,250 $ 4.03 D  
stock options - right to buy   (3) 10/16/2018 Common stock 2,500 $ 3.29 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lawell John S
2923 SMITH RD
FAIRLAWN, OH 44333		       Senior Vice President CFBank

Signatures

Therese Ann Liutkus for John S. Lawell 06/10/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These options are exercisable as follows; 333 shares on January 31, 2008, 333 shares on January 31, 2009, and 334 shares on January 31, 2010.
(2) These options are exercisable as follows; 750 shares on February 28, 2009, 750 shares on February 28, 2010, and 750 shares on February 28, 2011.
(3) These options are exercisable as follows; 850 shares on September 30, 2009, 850 shares on September 30, 2010, and 800 shares on September 30, 2011.

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