Guaranty Bank Expanding into Austin

Guaranty Bancshares Inc., parent company of Guaranty Bank & Trust N.A. announced it would expand into the Austin market. The bank, headquartered in Mount Pleasant, TX, will initially open a loan production office. At that time, the company will file an application with the Office of the Comptroller of the Currency for approval to convert the location into a full-service bank.

Travis Brown will serve as president of Guaranty’s Austin location. He joins Guaranty with more than 12 years of commercial banking experience in the Austin market. Previously, Brown was Senior Vice President-Austin Market for Sovereign Bank, and Assistant Vice President with Frost National Bank. He also served as an infantryman in the United States Marine Corps. from 2004 to 2006.

“Austin has been part of our long-term expansion strategy for a number of years,” said Ty Abston, Guaranty’s chairman of the board and CEO.

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