Bancorp 34, Inc. (the "Company") announced the upcoming retirement of Jill Gutierrez as Co-Chief Executive Officer effective September 30, 2020. Concurrently with Ms. Gutierrez's retirement, James T. Crotty has been appointed to serve as Chief Executive Officer of Bancorp 34, Inc. and Bank 34. Mr. Crotty joined the Company in July 2020 as Co-Chief Executive Officer.