Guaranty Bank & Trust Company

Status:Inactive as of 07/16/1979
 Absorption - Assisted
Successor Bank:Independence Bank of Chicago
Headquarters:Guaranty Bank & Trust Company
6760 South Stony Island Avenue
Chicago, IL 60649
Established:04/13/1946
FDIC Insurance:04/13/1946
FDIC Cert:#16403
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC

History

1946-04-13Institution established: Original name:Guaranty Bank & Trust Company
1979-07-16Failed. Acquired with government financial assistance and subsequently operated as part of Independence Bank of Chicago (19308)
1979-07-16Acquired Gateway National Bank of Chicago (17710) in CHICAGO, IL
1996-03-29Merged into and subsequently operated as part of South Shore Bank of Chicago (15640) in CHICAGO, IL
2000-11-10Changed name to ShoreBank (15640)
2001-03-10Acquired Shorebank, Detroit (34848) in RIVER ROUGE, MI
2005-09-30Acquired ShoreBank (753) in CLEVELAND, OH
2006-11-20Acquired Greater Chicago Bank (18407) in BELLWOOD, IL
2010-08-20Failed. Acquired with government financial assistance and subsequently operated as part of Urban Partnership Bank (59051)
2019-01-28Reorganized.
2019-01-28Merged into and subsequently operated as part of Providence Bank & Trust (57754) in SOUTH HOLLAND, IL