What it means
Guaranty Bank will retain its name and management team as it transitions into the acquisition.
"This partnership gives Guaranty added strength, with the support of a larger balance sheet and the resources to invest in the latest technologies and products to serve our existing and future customers,” Guaranty CEO Ty Abston said in a statement.
Customers do not need to take immediate action, but Guaranty will transition all accounts to its new systems in the first quarter of next year, according to its website. Bank users should check their mail and the Guaranty website for updates on the transition.
- 624 S. Austin Ave., Ste. 100, Georgetown; 2415 Williams Drive, Georgetown
- www.gnty.com
