Guaranty Bank

Status:Inactive as of 05/05/2017
 Absorption - Assisted
Successor Bank:First-Citizens Bank & Trust Company
Headquarters:Guaranty Bank
501 West Northshore Drive
Milwaukee, WI 53217
Established:01/01/1923
FDIC Insurance:08/09/1989
FDIC Cert:#30003
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,031,900,000
Total Deposits:$1,002,026,000

History

1923-01-01Institution established: Original name:Guaranty Savings and Loan Association
1989-04-30Changed name to Guaranty Bank for Savings, Savings Association
1990-10-31Changed name to Guaranty Bank for Savings, S.S.B.
1992-10-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1992-10-01Changed organization type to MUTUAL SAVINGS BANK
1992-10-01Changed name to Guaranty Bank, S.S.B.
1993-06-16Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1993-06-16Changed organization type to STOCK SAVINGS BANK
1993-06-16Reorganized.
2002-06-03Changed organization type to MUTUAL SAVINGS BANK
2002-06-03Changed institution class to OCC SUPERVISED SAVINGS BANKS
2002-06-03Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2002-06-03Changed name to Guaranty Bank
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2013-05-30Changed organization type to STOCK SAVINGS BANK
2017-05-05Failed. Acquired with government financial assistance and subsequently operated as part of First-Citizens Bank & Trust Company (11063)
2018-04-30Acquired HomeBanc (58194) in TAMPA, FL
2018-10-02Acquired Securant Bank & Trust (12515) in MENOMONEE FALLS, WI
2018-11-01Acquired Palmetto Heritage Bank & Trust (57880) in PAWLEYS ISLAND, SC
2019-04-01Acquired Biscayne Bank (57973) in COCONUT GROVE, FL
2019-05-01Acquired First South Bank (34222) in SPARTANBURG, SC
2019-12-31Acquired Entegra Bank (31445) in Franklin, NC
2020-02-01Acquired Gwinnett Community Bank (35249) in DULUTH, GA

Financial Information (2017-03-31 and Older)