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The Texas Department of Banking issued a charter to Guaranty State Bank on January 20, 1913. [11] [14] The bank's name changed to Guaranty Bond State Bank in 1927. [11] In 1979, the bank added trust powers.The following year, [11] Guaranty created Guaranty Bancshares Inc., its holding company. [11] In 1981, the bank changed its name to Guaranty ...
Its trust department, established in 1927, administers over $26 billion in assets, and is the largest domiciled in the state of Texas. [ 2 ] [ 3 ] The company offers a full range of commercial and consumer banking products, as well as trust and investment banking services to customers throughout Southeast Texas and Central Texas , including the ...
In 1984, CIT was sold to Manufacturers Hanover Trust. [2] In 1989, Manufacturers Hanover Trust sold 60% of CIT to Dai-Ichi Kangyo Bank of Japan. [2] In 1991, the company acquired Fidelcor Business Credit Corporation, which increased its services to small businesses. In 1992, CIT opened 15 new offices in 7 states. [2]
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Between 1989 and 1998, CSC expanded through the acquisitions of nine other service providers, including Prentice Hall Legal & Financial Services in 1995, and Entity Service Group, LLC in 1998. [ 10 ] In 2003, CSC acquired Lexis-Nexis Document Solutions [ 11 ] to supplement its Uniform Commercial Code (UCC), secured lending, and motor vehicle ...
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The origins of Victory Capital are traced back to Cleveland Trust, a bank that was established in 1894 in Cleveland, Ohio with $500,000 in capital. In 1903, it merged with the Western Reserve Trust Company. [2] [3]