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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]
In 2015, Guaranty Bank & Trust acquired Preston State Bank, a subsidiary of DCB Financial Corp. [13] Texas Leadership Bank was also acquired and its operations merged into Guaranty Bank & Trust in 2015. [12] On June 1, 2018, Guaranty Bank & Trust acquired Westbound Bank, N.A. of Katy, TX, facilitating entrance into the Houston, TX region. [37]
Guaranty Bank may refer to: Guaranty Bank (Texas), a defunct bank that operated in Texas and California (1988–2009) Guaranty Bank (Wisconsin), a defunct bank that was based in Wisconsin (1923-2017) First Guaranty Bank, a Hammond, Louisiana–based bank, established 1934; Guaranty Bank & Trust, a Mount Pleasant, Texas–based bank, established ...
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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 ]
In 1935, the name was changed again to Guaranty Federal Savings and Loan Association. In 1979, the company’s first banking center was founded. [citation needed] In 1995, Guaranty Federal Savings Bank was formed in the reorganization of Guaranty Federal Savings & Loan Association. In 2001, the company began offering online banking. [citation ...
The bank's first acquisition out of state was the failing First National Bank of Crosby, Texas in February 1987. Central Bancshares became the first bank in Alabama to own a bank in another state and the first out-of-state bank to own a bank in Texas. [1] D. Paul Jones took over the CEO position from Brock in 1991. [6]
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