Guaranty Bancshares Inc., (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust N.A., on Dec. 2 announced it will relocate its main Denton location from 1100 Dallas Dr., Suite 100 to 1200 West University Dr. in Denton. The move will be subject to customary regulatory approvals.
Guaranty will occupy the site originally built and occupied by the former University State Bank. The bank will move to this new location during the second quarter of 2020 after renovations are complete.
Ty Abston, Chairman of the Board and Chief Executive Officer, stated, “This new location is the next step in our long-term strategy for Denton and the overall DFW region. This new location will allow us to continue to expand on the growth we have experienced in the Denton market. The location has been a bank for over 50 years in Denton.”
Brad Andrus, Building Landlord, commented, “This is an opportunity to renovate the building and position it to remain a distinguished building in Denton and give it the modernization to attract first class tenants. Guaranty Bank & Trust ensures the property will continue to be a prominent regional financial center.”
In November, Guaranty Bank & Trust announced it will soon occupy the street-level suite at First on 7th in Fort Worth.
The bank plans to make the move early next year. The 106-year-old bank, which currently is based in the historic Electric Building directly across the street, also will lease office space on the 12th floor, First on 7th said in a news release