What happened to Guaranty Bank?
Guaranty Bank, unable to ever recover from devastating loan losses stemming from the housing and foreclosure crisis, failed and was shut down by regulators Friday. The 94-year-old Glendale-based bank was closed by the U.S. Office of the Comptroller of the Currency, with First Citizens Bank & Trust Co.
Is Guaranty Bank still in business?
After years of losses and weak financials, the FDIC swooped in last night and closed Guaranty Bank. With over $1 billion in deposits and 119 branches scattered across 5 states, thousands of depositors and borrowers are wondering, “what happens next”?
Who bought Guaranty Bank?
Is Guaranty Bank a good bank?
Coming in at an average 4 stars out of 5, First Guaranty Bank proves it is a respectable bank that should be given a look. First Guaranty Bank has the complete package of banking products, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards.