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From its founding in 1913 until 1998, Guaranty Bank & Trust was a privately held company. Guaranty Bank & Trust's parent company, Guaranty Bancshares, became listed under the symbol "GNTY" on the NASDAQ Exchange in 1998. [15] [16] In June 2005, Guaranty Bancshares de-listed from the Nasdaq exchange and again became a privately held company. [17]
In 1900, the bank acquired the National Union Bank of New York which had been founded in 1893 by the directors of the New York Guaranty and Indemnity Company and its successor, the Guaranty Trust, and was associated with the Mutual Life Insurance Company (Mutual Life's president, Richard A. McCurdy, was a director of National Union).
First Republic Bank Corporation was an American bank based in Texas. Founded as the Guaranty Bank and Trust Company in 1920, [1] in 1922 it assumed the name Republic National Bank of Dallas. [1] Afterwards the bank acquired several banks and invested in others, and changed its name several times. [1]
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Guaranty Bank was a major bank based in Austin, which collapsed in 2009. [2] It was formed in 1988 [3] as part of Temple-Inland and in 2007 became a standalone company. At the time of its collapse, Guaranty was the second largest bank in Texas, with 162 branches across Texas and California, [4] and had $13 billion in assets and held $12 billion in deposits. [2]
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