Bancorp 34, Inc. and Bank 34 Announces Management Changes, Effective September 30, 2020
September 03, 2020 at 06:44 pm EDT
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Bancorp 34, Inc. (the "Company") announced the upcoming retirement of Jill Gutierrez as Co-President effective September 30, 2020. Concurrently with Ms. Gutierrez's retirement, James T. Crotty has been appointed to serve as the President of Bancorp 34, Inc. and Bank 34. Mr. Crotty joined the Company in July 2020 as Co-President. Mr. Crotty has been appointed to the Board of Directors of both Companies.
Bancorp 34, Inc. is the holding company for Bank 34 (the Bank). The Company conducts a full-service community banking business through the Bank. The Company offers a full range of relationship-focused services to meet its clientâs business and personal financial objectives, with branches in Arizona and New Mexico. Its product lines include commercial loans, commercial real estate loans, and a variety of commercial and consumer deposit products, including noninterest bearing accounts, interest-bearing demand products, savings accounts, money market accounts and certificates of deposit. It also offers online banking and bill payment services, online cash management, safe deposit box rentals, debit card and automated teller machine (ATM) card services and the availability of a network of ATMs for its customers. Its segments include Commercial loans, Commercial real estate loans, Multifamily, Construction and land development loans, Residential real estate loans, and Consumer loans.