Guaranty Bank (Texas) Overview and Recent News

Exterior of modern bank building with arched passages
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Guaranty Bank (Texas) has been a trusted financial institution for many years. It was founded in 1916 in Austin, Texas.

With over a century of experience, Guaranty Bank has established itself as a reliable and community-focused bank.

Guaranty Bank operates in Texas, with a strong presence in the state's capital city.

Bank Operations

Guaranty Bank (Texas) has a strong presence in the banking industry.

The bank offers a variety of personal banking services, including checking and savings accounts.

Guaranty Bank's online banking system allows customers to manage their accounts and pay bills from the comfort of their own homes.

The bank has a network of over 40 branches across Texas, making it easily accessible to its customers.

Guaranty Bank's customer service is available 24/7, providing customers with support whenever they need it.

The bank's mobile banking app allows customers to access their accounts on-the-go, making banking more convenient than ever.

If this caught your attention, see: Does Fdic Insurance Cover Multiple Accounts Same Bank

Community Involvement

Guaranty Bank & Trust, N.A. is committed to revitalizing communities across the U.S. through real estate developments.

Credit: youtube.com, Volunteerism at Guaranty Bank

The bank has formed a partnership with Caliber, a vertically-integrated alternative asset manager, to drive additional investment in low and moderate income neighborhoods.

Guaranty is supplying Caliber with capital to invest in qualified real estate developments, totaling $50 million.

Caliber will manage the funds as a sidecar to its existing U.S.-based fund platform, focusing on Texas-based markets like Austin, Bryan/College Station, and Dallas.

The partnership aims to provide affordable housing opportunities and develop wealth for investors and communities.

Caliber will source and acquire developments, as well as report its progress to Guaranty.

This initiative is consistent with the goals of the Community Reinvestment Act (CRA), which seeks to promote community development and affordable housing.

Guaranty and Caliber are working together to make a positive impact on the communities they serve.

The partnership is expected to evolve and grow in tandem with Caliber's initiatives to develop wealth for investors and communities.

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Financial Information

Guaranty Bank (Texas) had a dividend history that can be found in the records.

The bank's dividend information on failed financial institutions is available for review.

Guaranty Bank's dividend history is documented as part of its overall financial information.

Dividend Information

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Dividend Information is an important aspect of financial management.

Guaranty Bank has a dividend history that investors should be aware of.

The bank's dividend information is available for review.

Dividend payments can be a crucial factor in investment decisions.

Dividend History on Guaranty Bank shows a pattern of regular payments.

Failed Financial Institutions may not have the same dividend history.

Dividend Information on Failed Financial Institutions can be limited or unavailable.

See what others are reading: Quickbooks Online Payments Bank to Bank

Claims Against Failed Institution

If you or your company provided a service or product to Guaranty Bank prior to its failure, you may be entitled to a claim against the bank. You should contact the Federal Deposit Insurance Corporation (FDIC) to file a claim.

Claims against failed financial institutions occur when bills sent to the institution remain unpaid at the time of failure. The FDIC is the agency responsible for handling these claims.

To file a claim, you'll need to contact the FDIC's Claim Agent at the address: 1601 Bryan Street, Dallas, TX 75201. You can also call them at (888) 206-4662.

There are time limits for filing a claim, so be sure to act quickly. Your claim must be filed on or before November 25, 2009.

Acquisitions and Updates

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Guaranty Bank & Trust has been expanding its reach through strategic acquisitions over the years.

In 1992, the bank acquired the First National Bank of Deport, with branches in Deport and Paris, Texas.

The bank continued to grow by purchasing a commercial bank in Bogata, Texas in 1993, and merging with Talco State Bank, chartered in 1912, in 1997.

Guaranty Bank & Trust acquired First American Financial Corporation in 1999, which added Sulphur Springs and Commerce, Texas locations, and a wholly owned mortgage company.

In 2000, the renamed Guaranty Mortgage Company was folded into the bank.

The bank's expansion continued with the sale of its Fort Stockton location to West Texas State Bank in 2011.

In 2013, First State Bank of Hallsville, Texas merged with Guaranty Bank & Trust.

The bank made two significant acquisitions in 2015, acquiring Preston State Bank, a subsidiary of DCB Financial Corp, and Texas Leadership Bank, whose operations were merged into Guaranty Bank & Trust.

Guaranty Bank & Trust entered the Houston, TX region by acquiring Westbound Bank, N.A. of Katy, TX on June 1, 2018.

Acquisitions

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Guaranty Bank & Trust has a history of strategic acquisitions that have helped shape its presence in the market. In 1992, the bank acquired the First National Bank of Deport, with branches in Deport and Paris, Texas.

The bank continued to expand its reach in 1993 by purchasing a commercial bank in Bogata, Texas. This acquisition marked a significant milestone in the bank's growth.

Talco State Bank, chartered in 1912, merged with Guaranty Bank & Trust in 1997, bringing a wealth of experience and expertise to the table. This merger demonstrated the bank's commitment to growth and expansion.

In 1999, Guaranty Bank & Trust acquired First American Financial Corporation, with its Sulphur Springs and Commerce, Texas locations, and a wholly owned mortgage company. The renamed Guaranty Mortgage Company was folded into the bank in 2000.

The bank's expansion continued in 2011 with the sale of its Fort Stockton location to West Texas State Bank. This move allowed the bank to focus on its core operations and strategic growth initiatives.

On a similar theme: The Elgin State Bank

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First State Bank of Hallsville, Texas merged with Guaranty Bank & Trust in August 2013, further solidifying the bank's presence in the market. Guaranty Bancshares acquired DCB Financial in 2015.

In 2015, Guaranty Bank & Trust acquired Preston State Bank, a subsidiary of DCB Financial Corp. Texas Leadership Bank was also acquired and its operations merged into Guaranty Bank & Trust in 2015.

The bank's most recent acquisition was Westbound Bank, N.A. of Katy, TX, which was acquired on June 1, 2018, facilitating its entrance into the Houston, TX region.

Updates

In the past year, we've made some significant updates to our platform. We've added a new feature that allows users to customize their dashboard with up to 5 widgets.

Our team has been working hard to improve the overall user experience. We've reduced the average load time of our website by 30%.

We've also expanded our integration capabilities with other popular tools. This means you can now connect your existing accounts with ease.

One of our most popular updates has been the introduction of a new reporting feature. This allows users to generate custom reports and export them in CSV format.

We're constantly gathering feedback from our users and making improvements based on their suggestions.

Loan and Customer Information

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If you had a loan with Guaranty Bank, you should continue to make your payments as usual. The terms of your loan will remain unchanged, as they're contractually agreed to in your promissory note.

You should make checks payable as usual and send them to the same address until further notice.

Existing loan questions should be directed to your loan officer.

Austin, TX Information

If you're a customer of Guaranty Bank in Austin, TX, you can find detailed information on their bank failure and what it means for you.

There are several sections to the information provided by the FDIC, including an introduction, press release, and question and answer guide in both English and Spanish.

The FDIC also provides information on banking services, loan customers, and possible claims against the failed institution.

Here are the sections you can find information on:

  • Introduction
  • Press Release
  • Question and Answer Guide (English)
  • Question and Answer Guide (En Español)
  • Banking Services
  • Loan Customers
  • Possible Claims Against the Failed Institution
  • Priority of Claims
  • Dividend Information
  • Brokered Deposits
  • Acceptance of Appointment as Receiver
  • Purchase and Assumption Agreement with Addendum
  • Bid Summary
  • Balance Sheet Summary

Locations

If you're planning a trip to Austin, TX, or just want to know more about the area, here are the key locations to keep in mind.

Credit: youtube.com, 10 Best Places to live in Austin - Austin, Texas

The primary location for our Austin, TX information is actually located in a different city altogether - Addison, TX. You can find us at 16475 Dallas Pkwy, Suite 100.

Here are the details you need to know:

  • Address: 16475 Dallas Pkwy, Suite 100
  • City: Addison, TX
  • State: TX
  • Zip Code: 75001
  • Country: US

If you're looking to get directions to our location, you can simply click on the "Get directions" link.

Austin, TX Info

You can find information about Guaranty Bank in Austin, TX, including a press release and a question and answer guide.

The bank's acquiring financial institution is listed in the provided information, which you can access by following the link.

A guide for loan customers is also available, which may be helpful if you have an active loan with Guaranty Bank.

Please be aware that you won't receive any email notifications to claim or unlock your account, so be cautious of phishing scams.

If you're a borrower, you can refer to the provided guide for additional information on what to expect during a bank failure.

Here are the steps to follow for possible claims against the failed institution:

  1. Possible Claims Against the Failed Institution
  2. Priority of Claims

You can also check the dividend information and balance sheet summary for Guaranty Bank in Austin, TX.

Nellie Hodkiewicz-Gorczany

Senior Assigning Editor

Nellie Hodkiewicz-Gorczany is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a strong background in research and content curation, Nellie has developed a unique ability to identify and assign compelling articles that capture the attention of readers. Throughout her career, Nellie has covered a wide range of topics, including the latest trends and developments in the financial services industry.

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