About Us

Central Federal Bancshares, Inc Profile

Central Federal Bancshares, Inc is a stock bank holding company organized in January 2016 and is incorporated in the State of Missouri.  The company owns 100% of the stock of Central Federal.

Central Federal is a federal banking corporation located at 210 W. 10th St., in downtown Rolla, Missouri.  We have 1 full service office at this location which services a 6 county area.  Central Federal was founded in 1952 to provide home loans in Phelps County, Missouri.  We continue to make the necessary changes to be competitive with our services and products while providing excellent service to our customers.  Profits are used to enhance services, deepen our above average reserves, and give back to the community.

Central Federal Community Foundation

The Central Federal Community Foundation was established by Central Federal Bancshares Inc., the holding company for Central Federal and its shareholders as part of the Bank’s 2016 stock conversion.  The Foundation was created to provide funding and support for charitable causes and organizations in the community we serve.  We support many organizations in our community monetarily and our associates give of their time in volunteering many hours.