Bancorp 34, Inc. and CBOA Financial, Inc. Agree to Combine to Create the Largest Community Bank Headquartered in Arizona

SCOTTSDALE, Ariz. , April 27, 2023 /PRNewswire/ — Bancorp 34, Inc. (OTCQB: BCTF) (“BCTF”), the holding company of Bank 34, and CBOA Financial, Inc. (OTCPK: CBOF) (“Commerce”), the holding company of Commerce Bank of Arizona, today jointly announced the signing of a definitive merger agreement to combine and form the second largest bank headquartered in Arizona.

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