Bank failure · TX
Guaranty Bank (Austin, TX) — failed August 21, 2009
Guaranty Bank of Austin, Texas was closed on August 21, 2009 and resolved through a purchase and assumption. Compass Bank (AL) took over its insured deposits. At failure it held $13.5B in assets and $12.0B in deposits.
- Closing date
- August 21, 2009
- FDIC certificate #
- 32618
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Compass Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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