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Bancorp 34, Inc. is a Maryland corporation formed in March 2016 as the holding company for Bank 34. Shares of Bancorp 34, Inc. common stock trade on the OTCQB market under the symbol “BCTF.” Information about Bancorp 34, Inc. stock price and trading activities are available at: https://www.otcmarkets.com/stock/BCTF/quote. For an overview: https://www.otcmarkets.com/stock/BCTF/overview.
In August 2020, Bancorp 34, Inc. voluntarily delisted its common stock from the NASDAQ Capital Market and withdrew the registration of its common stock with the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company is no longer obligated to file periodic reports with the SEC, including reports on Forms 10-K, 10-Q, 8-K and proxies.
The decision to delist and deregister its common stock was based on numerous factors, including the significant cost savings of no longer filing periodic reports with the SEC, as well as reductions in accounting fees, legal fees and other costs.
The Company’s annual consolidated financial statements will continue to be audited by an independent accounting firm and intends to publish quarterly and annual financial information via press releases or by postings on Bank 34’s website: www.Bank34.com. Bank 34 will continue to report detailed quarterly financial results to its primary federal regulator through Call Reports, which are publicly available on the FDIC’s website: www.fdic.gov.
Please call or write to Mr. Jan R. Thiry, Executive Vice President & Chief Financial Officer, at (623) 777-0570 or BCTF@bank34.com for investor-related information. For those investors working with a broker, your broker may provide proxy, annual report and other information to you. We are happy to include you in our updates if you call us with your direct contact information.