Bancorp 34, Inc. (OTCQB: BCTF) (the "Company"), the parent company for Southwest Heritage Bank (the "Bank"), today announced that Jim Crotty has submitted his resignation as Chief Executive Officer and director of the Company and the Bank, effective April 1, 2024. Mr. Crotty served as Chief Executive Officer of the Company and the Bank beginning in 2020. Under his leadership, the Company has grown to approximately $1 billion in total assets and recently completed its merger with CBOA Financial,
Bancorp 34, Inc. (OTCQB: BCTF), the parent company for Bank 34, today announced that it has completed its previously announced merger with CBOA Financial, Inc. ("CBOF"), the parent company of Tucson, Arizona based Commerce Bank of Arizona ("Commerce Bank"), effective March 19, 2024. Also, effective March 19, 2024, Commerce Bank merged into Bank 34.
Bancorp 34, Inc. (OTCQB: BCTF), the parent company for Bank 34, reports consolidated fourth quarter of 2023 performance.