December 11, 2020: Congratulations to Michael Salazar Promoted to Commercial Lender at Bank 34 in Scottsdale, AZ 15 December 2020

NEWS BITES - PRIVATE COMPANIES

Bank 34 is very happy to announce Michael joined Bank 34 in December 2016. He started as a Credit Analyst and in January 2018 he was promoted to an Assistant Vice President & Portfolio Manager. Today, he is moving from a hybrid role of Portfolio Manager and Lender to a full time Commercial Lender in Scottsdale, AZ. Please join us in congratulating Michael!

INDEX

SECTION 1 BANK'34 PROFILE

SECTION 2 PRESS RELEASES: 2020

SECTION 3 OTHER NEWS: 2020

SECTION 1 BANK'34 PROFILE

1.1 ACTIVITIES

BANK'34, a community bank, provides consumer and business banking services in Southern New Mexico. Its personal banking services include regular checking, interest bearing checking, senior checking, money market, direct deposit, regular savings, children's savings, and individual retirement accounts; regular, add-to, and one-time bump certificates of deposit; debit/Visa check cards and ATM cards; and online and mobile banking and bill pay services. The companys business banking solutions include business checking, savings, and money market accounts; certificates of deposit, business credit cards, and business debit/Visa check cards; direct deposit and business payroll, merchant card processing, night depository, and subdivision development services; commercial real estate loans, equipment financing, small business administration loans, lines of credit, builder lines of credit, inventory financing, accounts receivable financing, and letters of credit; and loans to buy, build, remodel, or refinance commercial real estate. It also provides mortgage loans, such as purchase and refinance, owner-occupied and non-owner occupied, fixed and adjustable rate mortgage, VA mortgage, VA interest-rate reduction, MFA first-time home buyer, FHA financing, home equity, land, and construction loans, as well as commercial real estate lending services. In addition, the companys services include cash management, automated clearing house origination, ePayroll, ePayments, eChecks, eTax, eWires, remote deposit capture, and eDeposits. BANK'34 was formerly known as Alamogordo Federal Savings And Loan Association and changed its name to BANK'34 in April 2008. The company was founded in 1934 and is based in Alamogordo, New Mexico with branches in Alamogordo and Las Cruces, New Mexico. It has a commercial lending and residential mortgage business office in Maricopa County, Arizona. BANK'34 operates as a subsidiary of Alamogordo Financial Corp.

1.2 SUMMARY

Employees: About 18

Fiscal Year End: 31 Dec 2017

PermID: 5000774267

Website: http://www.bank34online.com

Industry: Banks and Thrifts

SECTION 2 PRESS RELEASES: 2020

November 18: BANK'34: Bancorp 34, Inc Announces Quarterly Cash Dividend

Bancorp 34, Inc., the parent holding company for Bank 34, announced a quarterly cash dividend as of the close of business on December 11, 2020.

Source: Company Website

October 30: BANK'34: BANCORP 34, INC REPORTS THIRD QUARTER 2020 PERFORMANCE

Bancorp 34, Inc., the parent holding company for Bank 34, reported net income for the quarter ended September 30, 2020.

Source: Company Website

June 24: BANCORP 34, INC HELD ANNUAL MEETING OF SHAREHOLDER

Today, Bancorp 34, Inc. held their Annual Meeting of Shareholders. Due to the unprecedented circumstances resulting from COVID-19, it was conducted as a virtual online meeting for the first time. Source: Company Website

SECTION 3 OTHER NEWS: 2020

December 09: CONGRATULATIONS TO MITCH JAMISON PROMOTED TO CREDIT ANALYST AT BANK 34 IN SCOTTSDALE, AZ!

Bank 34 is very happy to announce Mitch Jamison has been promoted to Credit Analyst. Mitch joined Bank 34-Las Cruces, NM in October 2017 as a Loan Operations Specialist then in September of 2018 he was promoted to a Commercial Loan Specialist. In May 2019, Mitch transferred to the Scottsdale branch where he works today in his new role. Please join us in congratulating Mitch!

Source: Company Website

December 03: BANK'34: Bank 34 Peoria, AZ Branch Welcomes Barbara Rumbaoa

Barbara Rumbaoa joined Bank 34 in Peoria, AZ as a Credit Analyst III. Welcome Barbara to the team!

Source: Company Website

November 30: BANK'34: Celebrating Bank 34 Employees December Anniversaries

Happy December Bank 34 Anniversaries! Thank you for being part of the team.

Source: Company Website

November 23: BANK'34: HOLIDAY HOURS: CLOSED ON THANKSGIVING THURS, 11/26 & CLOSING AT NOON ON FRI, 11/27 | SPECIAL HOLIDAY PROCESSING TIMES

In observance of Thanksgiving, Bank 34 will be closed on Thursday, November 26th and closing early at noon on Friday, November 27th, 2020. We wish you the very best in health & happiness! We are grateful for you today, and every day.

Holiday Processing Times: Because the bank is closing 12pm on Friday, 11/27th, the ACH, Wire & Mobile Deposit cut off times have been moved to 12pm MST. Anything submitted after that time will be process on Monday, November 30th. The Remote Deposit cut off time will remain the same.

Source: Company Website

November 06: Bank 34 - Peoria, AZ Branch Welcomes Brandi Tafoya!

Brandi Tafoya joined Bank 34 in Peoria, Az as a Client Service Specialist. Welcome Brandi to the team! Source: Company Website

November 05: Congratulations to Julie Frost for 5 Years at Bank 34

Julie Frost celebrates 5 years of service at Bank 34 - Alamogordo, NM!

Source: Company Website

November 03: CONGRATULATIONS TO DEBBIE KING FOR 10 YEARS AT BANK 34!

Debbie King celebrates a decade of service at Bank 34 - Alamogordo, NM!

Source: Company Website

November 02: BANK'34: Celebrating Bank 34 Employees November Anniversaries

Happy November Bank 34 Anniversaries! Thank you for being part of the team.

Source: Company Website

October 28: Bank 34 Proud & Involved Sponsor of American Cancer Society - The Strides Ride of Phoenix

Bank 34 was a proud sponsor & participate of the American Cancer Society - The Strides Ride of Phoenix last Saturday on October 24th. This Breast Cancer Awareness Month event helped make strides against breast cancer. Paula Taylor, Bank 34 team member, lead the IN LOVING MEMORY OF TAYLOR TWINS SANDRA JEAN & EMMA JEAN PINK HEARTS TEAM.

Source: Company Website

October 22: BANK'34: COVID-19 Notice to Valued Clients in Las Cruces, NM Lobby Doors Closing But Open for Business Effective 10/23/2020

With the increasing news and concern regarding the COVID-19 coronavirus, Bank 34 wants to ensure our clients we are monitoring the developing situation and have resources in place to provide you continued service in any type of contingency situation. Our disaster recovery plan is the backbone for this ability which we test and verify annually. We will continue to monitor the news and any reports or requirements from the Centers for Disease Control & Prevention (CDC) and local, state and federal governments. Our focus, dedication, and support are unwavering as we navigate these unique times. We hope you and your loved ones remain safe and healthy.

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[10.22/2020] As a precaution to the recent rise in COVID-19 cases in Las Cruces, the branch lobby there will temporarily close beginning Friday, October 23 until further notice All our other branch lobbies will remain open. Although the Las Cruces Branch lobby is closed, they are open for business via Drive Thru Teller windows, phone, appointment, and curb-side service! Call 575.521.8100. COVID Message: LC Lobby Closure Notice_effective 10.23.2020

[6.22.2020] Reminder: Masks REQUIRED for entry at all our locations.

October 22: BANK'34: COVID-19 NOTICE TO VALUED CLIENTS IN LAS CRUCES, NM - LOBBY DOORS CLOSING BUT OPEN FOR BUSINESS EFFECTIVE 10/23/2020

With the increasing news and concern regarding the COVID-19 coronavirus, Bank 34 wants to ensure our clients we are monitoring the developing situation and have resources in place to provide you continued service in any type of contingency situation. Our disaster recovery plan is the backbone for this ability which we test and verify annually. We will continue to monitor the news and any reports or requirements from the Centers for Disease Control & Prevention (CDC) and local, state and federal governments. Our focus, dedication, and support are unwavering as we navigate these unique times. We hope you and your loved ones remain safe and healthy.

Source: Company Website

October 15: BANK 34 - LAS CRUCES, NM BRANCH WELCOMES MANNY HERNANDEZ

Manny Hernandez joined Bank 34 in Las Cruces, NM as a Vice President & Senior Commercial Lender. Welcome Manny to the team!

Source: Company Website

October 15: BANK'34: Bank 34 Las Cruces, NM Branch Welcomes Manny Hernandez

Manny Hernandez joined Bank 34 in Las Cruces, NM as a Vice President & Senior Commercial Lender. Welcome Manny to the team!

Source: Company Website

October 01: Bank 34 Congratulates Jill Gutierrez on her Retirement!

After 13 years, Jill Gutierrez, Bank 34 President & CEO, retires! Thank you for all your hard work, leadership and dedication throughout the years. https://www.bank34.com/team-member/jill-gutierrez/

Source: Company Website

October 01: BANK 34 CONGRATULATES JILL GUTIERREZ ON HER RETIREMENT!

After 13 years, Jill Gutierrez, Bank 34 President & CEO, retires! Thank you for all your hard work, leadership and dedication throughout the years.

Source: Company Website

September 29: BANK'34: Celebrating Bank 34 Employees October Anniversaries

Happy October Bank 34 Anniversaries! Thank you for being part of the team.

Source: Company Website

September 23: Bank 34 Proud Sponsor of THRIVE in Southern New Mexicos Day of Caring

Bank 34 is a proud sponsor of THRIVE in Southern New Mexico's 29th Annual Day of Caring on Friday, September 2020 in Alamogordo, NM. Active service men and women from Holloman Air Force Base partner with community volunteers to perform various tasks for individuals who are either unable to accomplish the tasks themselves or do not have the resources to have the work done. This includes basic cleaning, yard work, and general repairs. THRIVE is currently funding 17 programs through local non-profit agencies and this event provides help to over 100 households all over Otero County. For more information, go to www.LetsThriveNM.org.

Source: Company Website

September 15: BANK'34: Congratulations to Candy Clemens for 5 Years at Bank 34!

Candy Clemens celebrates 5 years of service at Bank 34 - Scottsdale, AZ!

Source: Company Website

PermID: 5000774267

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