Sec Form 13G Filing - ODonnell Richard J filing for CF BANKSHARES INC. (CFBK) - 2004-11-01

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No)

Central Federal Corporation
(Issuer)
Common
(Title of Class of Securities)
15346Q 10 3
(CUSIP Number)
October 22, 2004

(Date of Event Which Requires Filing of this Statement)

     Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     
o
  Rule 13d-1(b)
 
   
x
  Rule 13d-1(c)
 
   
o
  Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



 


 

             
13G
CUSIP No. 15346Q 10 3

  1. Name of Reporting Person:
Richard J. O'Donnell
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group:
    (a) o  
    (b) o  

  3. SEC Use Only:

  4. Citizenship or Place of Organization:
United States of America

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power:
100%

6. Shared Voting Power:

7. Sole Dispositive Power:
100%

8.Shared Dispositive Power:

  9.Aggregate Amount Beneficially Owned by Each Reporting Person:
100%

  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
o

  11.Percent of Class Represented by Amount in Row (9):
5.6%

  12.Type of Reporting Person:
IN


 

Item 1.

Item 1(a) Name of issuer: Central Federal Corporation

Item 1(b) Address of issuer’s principal executive offices: 2923 Smith Road, Fairlawn, Ohio 44333

Item 2.

2(a) Name of person filing: Richard J. O’Donnell

2(b) Address or principal business office or, if none, residence: 1730 Akron-Peninsula Road, Akron, Ohio 44313

2(c) Citizenship: United States of America

2(d) Title of class of securities: Common

2(e) CUSIP No.: 15346Q 10 3

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: N/A

     
a.
  o Broker or dealer registered under Section 15 of the Act.
 
   
b.
  o Bank as defined in Section 3(a)(6) of the Act.
 
   
c.
  o Insurance company as defined in Section 3(a)(19) of the Act.

 


 

     
d.
  o Investment company registered under Section 8 of the Investment Company Act of 1940.
 
   
e.
  o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
   
f.
  o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
   
g.
  o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
   
h.
  o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
   
i.
  o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
 
   
j.
  o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

     
a.
  Amount beneficially owned: 100%
 
   
b.
  Percent of class: 5.6%
 
   
c.
  Number of shares as to which such person has:

  i.   Sole power to vote or to direct the vote 100%
 
  ii.   Shared power to vote or to direct the vote 0%
 
  iii.   Sole power to dispose or to direct the disposition of 100%
 
  iv.   Shared power to dispose or to direct the disposition of 0%

Instruction. For computations regarding securities which represent a right to acquire an underlying security see Rule 13d-3(d)(1).

Item 5.

Ownership of 5 Percent or Less of a Class. N/A

 


 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].

Instruction. Dissolution of a group requires a response to this item.

Item 6. Ownership of More than 5 Percent on Behalf of Another Person N/A

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. N/A

If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

Item 8. Identification and Classification of Members of the Group N/A

If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.

Item 9. Notice of Dissolution of Group N/A

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

Item 10. Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 


 

Signature.

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated November 1,2004

Signature /s/ Richard J. O’Donnell

Name/Title Richard J. O’Donnell, President & CEO, Reserve Mortgage Services, Inc.

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

Regulatory History

43 FR 18499, April 28, 1978, as amended at 43 FR 55756, Nov. 29, 1978; 44 FR 2148, Jan. 9, 1979; 44 FR 11751, March 2, 1979; 61 FR 49957, 49959, Sept. 24, 1996; 62 FR 35338, 35340, July 1, 1997; 63 FR 2854, 2867, Jan. 16, 1998, as corrected at 63 FR 15286, 15287, March 31, 1998

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