About Us

Established in 1913, Guaranty Bank & Trust is one of the oldest and most respected banks in Texas. We have achieved this success by providing the communities we serve with a different kind of bank. One that believes smart banking is about investing in people, not just credit scores; succeeding with the community, not at its expense; and having a plan for your growth, not just our own.

We work hard to attract, retain, and develop the best bankers. This means you will get quality advice from a local expert you can trust.

We encourage our employees to give back to the communities we serve. Volunteering has a positive impact not only on the community but also on our employees.

Finally, we focus on strength and stability so our customers know they can depend on us during difficult times. At Guaranty Bank & Trust, we are “growing because we help you grow."

In contemporary times opening a savings account is fairly easy. You could open up an account either online or most likely to a branch and also simply register. Normally the procedure will take around a hr approximately. And also in a lot of banks you could begin transferring money the exact same day!

However prior to you do all of this, you will certainly require to have certain files at hand in order to open up a checking account with your bank of choice. I will continue to explain listed below.

There are 2 Kinds Of Financial Institution Accounts:

Financial institutions typically have 2 kinds of accounts to choose from. One kind of account take care of personal financial. This kind of account is typically what most people sign up for because it is only the bearer (you) of the account who will certainly have access to it. Many checking account owners utilize it to transfer their paychecks as well as additionally to pay their bills. The type of personal financial accounts readily available are the examining account, cost savings as well as money market account.

The 2nd type of bank account is called a company account. These sorts of accounts are generally made use of by tiny to huge corporations. Companies might have an account there for depositing money, worker pay-rolls along with for paying bills.

There is some overlap in between the both however still they each have different documentation demands for each one. The federal government guidelines are virtually the exact same from financial institution to financial institution as well as from account to account (checking, financial savings, money market, etc).

What are the files required to open up a Personal Account:.

Federal government calls for that you have particular personal identification documents to open up a checking account. These files could be a driver's permit, military ID (active military) or a United States Key in addition to a Social Security number and proof of address (home lease or utility expense). If you are a non resident you will certainly likewise require to supply your unusual enrollment number.

For on the internet checking account the same process could be complied with above. The only distinction is that you will certainly require to photo copy the called for documents and afterwards mail them to the bank. The procedure to open up the on-line account may take longer to open given that you will certainly need to send by mail the files over to them.

Papers required to open a Business Checking account.

A service account tends to have a much longer process in required paperwork. In order to open up a business account you will need your personal identification (just like above) plus you will certainly need your organisation certificate or incorporation certificate. Even so you will certainly need to consult the financial institution since it might call for a Memorandum as well as Articles of Association.

If your business wishes to accept checks and digital funds in your company name you will need to register a Fictitious Service Call (FBN) or a Working as (DBA) with your neighborhood division of documents as well as file it with the area clerk.

NOTE: I practically forgot you will need to enter person to open a company account.

Finally, all accounts called for paperwork is rather standardized throughout all financial institutions. They do use a variety of monetary as well as account products which can profit you in the future. It is relatively typical for an individual to have a checking account in addition to a financial savings or perhaps a service account. You should always visit your regional branch and also talk with a financial institution representative. There she or he will have the ability to aid you select the best account or solutions to fulfill your needs.

Banking is a business of people, not decimal points. That’s why we go way beyond a first-name basis to form personal relationships. Every one of our bankers is committed to their customers’ needs, lives, and goals for the long haul.

From laying your financial foundation to building your business, you’d be hard-pressed to find another bank that offers what we do