Guaranty Financial Group Inc (GFG)

Guaranty Financial Group, Inc., through its subsidiary, Guaranty Bank, provides commercial banking products and services to consumers and businesses in Texas and California. The company offers various deposit accounts, including savings accounts, checking accounts, interest-bearing checking accounts, money-market accounts, and certificates of deposit. It provides loans to individuals, including secured and unsecured installment and term loans, home equity loans, and home equity lines of credit for personal, family, and household purposes. The company offers financing for commercial real estate and homebuilder construction, mortgage warehouse financing, senior housing, middle market businesses, and companies engaged in the energy industry. It also provides lines of credit, working capital loans, acquisition, expansion and development facilities, borrowing base loans, real estate construction loans, regional and national homebuilder loans, term loans, equipment financing, and letters of credit and other loan products. In addition, the company offers non-deposit investment products, such as mutual funds and annuity products. Further, Guaranty Financial Group provides telephone and Internet banking, debit cards, and direct deposit services. The company, through another subsidiary, Guaranty Insurance Services, Inc., operates as an insurance agency in Texas, and provides commercial and personal lines of insurance to businesses and individuals, as well as offers fixed annuity investment products. As of December 31, 2007, Guaranty Financial Group operated through 150 bank branches, as well as through 17 insurance agency offices located in Texas and California. The company was founded in 1938 and is based in Austin, Texas.