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BANCORP 34 INC's Overview

Total employees120
HeadquartersAlamogordo
Founded1983

BANCORP 34 INC is a United States-based bank holding company. Incorporated in 1983 and headquartered in Alamogordo, New Mexico, it operates as the parent company for The First National Bank of Alamogordo. The company, through its subsidiary, provides a comprehensive range of banking and financial services to individuals, businesses, and government entities primarily in Otero and Lincoln counties in New Mexico. These services include various deposit products, commercial, real estate, and consumer loans, alongside other related financial offerings typical of a community-focused bank.

Where is BANCORP 34 INC's Headquarters?

BANCORP 34 INC officeBANCORP 34 INC officeBANCORP 34 INC officeBANCORP 34 INC office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the primary administrative and strategic center for the bank holding company, overseeing the operations, financial management, regulatory compliance, and strategic direction of its subsidiary, The First National Bank of Alamogordo.

Notable Features:

The headquarters is co-located with the main branch of The First National Bank of Alamogordo, signifying its direct link to banking operations. The building is a prominent local financial institution.

Work Culture:

The work culture at BANCORP 34 INC and its subsidiary bank likely emphasizes customer-centric service, community involvement, ethical practices, and financial stability. It fosters a professional environment focused on serving the local community's banking needs.

HQ Significance:

The headquarters is crucial as the command center for BANCORP 34 INC, from where it directs the banking services and community engagement efforts of The First National Bank of Alamogordo, playing a key role in the local economy of Southern New Mexico.

Values Reflected in HQ: The headquarters' design and operations reflect values of stability, community trust, professionalism, local commitment, and financial prudence.

Location:

BANCORP 34 INC, through The First National Bank of Alamogordo, operates exclusively within the state of New Mexico, USA. Its primary focus is on serving communities in Otero and Lincoln Counties. While it does not have a direct international operational presence, it facilitates international transactions for its customers (e.g., wire transfers) through correspondent banking relationships common in the U.S. banking industry.

Street Address:

414 Tenth Street

City:

Alamogordo

State/Province:

New Mexico

Country:

USA

BANCORP 34 INC's Global Presence

Alamogordo, New Mexico/USA

Address: 3199 N White Sands Blvd, Alamogordo, NM 88310

Serves the banking needs of residents, businesses, and visitors in the northern Alamogordo area, offering convenient access within a retail environment.

Tularosa, New Mexico/USA

Address: 300 Central Ave, Tularosa, NM 88352

Provides essential financial services and supports local individuals, small businesses, and agricultural activities in Tularosa and surrounding rural areas.

Cloudcroft, New Mexico/USA

Address: 12 James Canyon Hwy, Cloudcroft, NM 88317

Offers banking facilities to residents, local businesses, and tourists in the Sacramento Mountains area.

Ruidoso, New Mexico/USA

Address: 1000 Sudderth Dr, Ruidoso, NM 88345

Supports the financial needs of the Ruidoso community, including its tourism sector, local businesses, and residents in Lincoln County.

Buying Intent Signals for BANCORP 34 INC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of BANCORP 34 INC

As of April 2025, BANCORP 34 INC' leadership includes:

R. D. Flotte - President, Chief Executive Officer, Director
Jerry P. Melendez - Chairman of the Board
Mark R. Schinnerer - Chief Financial Officer, Secretary, Treasurer
Herman Ledbetter - Vice Chairman of the Board

Investors of BANCORP 34 INC

BANCORP 34 INC has been backed by several prominent investors over the years, including:

BANCORP 34, INC. Employee Stock Ownership Plan (ESOP)
Directors and Executive Officers (as a group)
Individual local community shareholders (common for community banks quoted on OTC markets)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

No major executive new hires or exits at BANCORP 34 INC have been publicly announced or widely reported in the last 12 months (from May 2023 to May 2024). The executive leadership team appears to have maintained continuity based on available public filings and announcements.

Technology (Tech Stack) used by BANCORP 34 INC

Discover the tools BANCORP 34 INC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

BANCORP 34 INC Email Formats and Examples

BANCORP 34 INC conducts its operations primarily through its subsidiary, The First National Bank of Alamogordo (fnbnm.com). Email communications for bank personnel typically use the fnbnm.com domain. A common professional email format is generally adopted.

[first_initial][last_name]@fnbnm.com

Format

dflotte@fnbnm.com

Example

75%

Success rate

News and media

marketscreener.comApril 25, 2024

Bancorp 34, Inc. Reports March 31, 2024 Results

BANCORP 34, INC. (OTC Pink: BFTI) reported net income of $826,000 for the quarter ended March 31, 2024, compared to $901,000 for the same period in 2023. Diluted earnings per share were $0.77 for the first quarter of 2024, down from $0.83 in the first quarter of 2023. The company highlighted stable loan portfolios and deposit levels....more

marketscreener.comDecember 14, 2023

Bancorp 34, Inc. Declares Cash Dividend

BANCORP 34, INC. (OTC Pink: BFTI) announced that its Board of Directors declared a cash dividend of $0.16 per share on its outstanding common stock. The dividend was payable on January 12, 2024, to shareholders of record as of December 29, 2023, continuing its practice of returning value to shareholders....more

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