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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 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]
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 ...
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 education and sports, Guaranty Trust Bank also hosts the Master's Cup, [31] one of the most popular grassroots football tournaments in the country. In 2021, the Bank celebrated Children's day with a meeting between young children and Mabel Segun, [32] the iconic Nigerian poet and playwright. Guaranty Trust Bank Plc branch in Kaduna State ...
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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]
The bank was founded in Hammond, Louisiana in 1934 as Guaranty Bank & Trust Company. [2] In 1971, the bank was renamed First Guaranty Bank. [2] In 1999, the bank acquired 13 branches from Bank One. [3] In 2007, the company acquired Homestead Bancorp, Inc. for $13 million in cash. [4] [5] It also acquired Douglass National Bank of Kansas City. [6]