News & Events | Bank 34

News & Events

All Banks Subject to New Rules Under the Bank Secrecy Act for Legal Entities Effective May 11, 2018

Your business relationship is important to us. Our goal is to make the business account-opening process an efficient and enjoyable experience for you. Effective May 11, 2018, all banks will be subject to new rules under the Bank Secrecy Act that will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats.

Bancorp 34, Inc. Announces Declaration of Special Dividend

Alamogordo, NM – April 11, 2018 – Bancorp 34, Inc. (“Bancorp 34”) (NASDAQ: BCTF), the holding company for Bank 34, announced that its Board of Directors has declared a special cash dividend of $1.25 per share. The special dividend will be paid on May 9, 2018 to stockholders of record as of April 25, 2018. This is Bancorp 34’s first dividend since completing its mutual-to-stock conversion and related stock offering in October 2016.

Online Banking Password Changes

Effective January 9, 2018, Internet Online Banking passwords will have an expiration date of 120 days.

Closed for the Holiday Dates & Special Hours

Bank 34 will be closed on Thursday, November 23rd and closing early at 2pm on Friday, November 24th for the Thanksgiving Holiday. We will also be closed for Christmas on Monday, December 25th and Monday, January 1st for the New Year Holiday.

Bank 34 is moving to EMV micro-chip technology debit cards.

All Bank 34 Visa debit cards are being reissued with EMV micro-chip technology regardless of their current expiration date. Upon receipt of your new card, please destroy your previous debit card and activate your new card immediately. Once you begin using your new debit card, your previous card will be deactivated. The EMV rollout will begin on Monday, 11/28/16. It will be a staggering rollout and mass re-issue over a 6 month period.

Closed for the Holiday Dates & Special Hours

Bank 34 will be closed on Thursday, November 24th and closing early at 2pm on Friday, November 25th for the Thanksgiving Holiday. We will also be closed for Christmas on Monday, December 26th and Monday, January 2nd for the New Year Holiday.