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.
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.
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.
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.
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.
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.
414 Tenth Street
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.
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.
Address: 12 James Canyon Hwy, Cloudcroft, NM 88317
Offers banking facilities to residents, local businesses, and tourists in the Sacramento Mountains area.
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.
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As of April 2025, BANCORP 34 INC' leadership includes:
BANCORP 34 INC has been backed by several prominent investors over the years, including:
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.
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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
marketscreener.com • April 25, 2024
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.com • December 14, 2023
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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