CENTRAL FEDERAL CORPORATION
                                  Exhibit 10.1
                   AMENDMENT TO SALARY CONTINUATION AGREEMENT
                                     CFBANK


This AMENDMENT TO SALARY CONTINUATION AGREEMENT (this "AMENDMENT") is entered
into and made effective as of April 21, 2005 between CFBank, a federally
chartered savings association located in Fairlawn, Ohio (the "COMPANY"), and
David C. Vernon, an Ohio resident (the "EXECUTIVE").

A.      The Company and the Executive entered into a Salary Continuation
        Agreement as of May 25, 2004 (the "AGREEMENT").

B.      The purpose of the Agreement is to provide specified benefits to the
        Executive, who contributes materially to the continued growth,
        development and future business success of the Company.

C.      The Agreement is unfunded for tax purposes and for purposes of Title I
        of the Employee Retirement Income Security Act of 1974, as amended from
        time to time, and the Company will pay the benefits under the Agreement
        from the Company's general assets.

D.      The Company and the Executive desire to clarify that payments under the
        Agreement will commence after the retirement of the Executive, which is
        scheduled to be February 28, 2008 under terms of the Employment
        Agreement between the Company and the Executive dated as of February 28,
        2003, as amended as of May 10, 2004 and as further amended as of
        December 16, 2004.

NOW, THEREFORE, in consideration of the mutual covenants and promises set forth
in this Amendment, the Company and the Executive agree as follows:

1.      Section 1.13 of the Agreement is hereby amended by deleting "the
Executive's 66th birthday" and substituting "February 28, 2008" therefor.

2.      All provisions of the Agreement, other than as modified in this
Amendment, are hereby ratified and shall remain in full force and effect.

IN WITNESS WHEREOF, the Association and the Executive have executed this
Amendment as of the day and year first written above.

THE COMPANY:                                         THE EXECUTIVE:

CFBANK
                                                     /s/ David C. Vernon
                                                     --------------------
By:      /s/ Thomas P. Ash                           David C. Vernon
         ------------------
Name in
Print:   Thomas P. Ash
         --------------------------
         For the Board of Directors






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