SEPARATION AGREEMENT AND RELEASESeparation Agreement • April 24th, 2024 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona
Contract Type FiledApril 24th, 2024 Company Industry JurisdictionTHIS SEPARATION AGREEMENT AND RELEASE (the “Agreement”), dated as of April 18, 2024, is made and entered into by and between James Crotty (“Employee”), an individual resident of Arizona, Southwest Heritage Bank, a federal savings bank formerly known as Bank 34 (the “Employer”), and Bancorp 34, Inc., a Maryland corporation (“Bancorp”) (solely for the purposes of Section 2(d) below).