The Guaranty State Bank & Trust Company had its beginnings during the days following the First World War. During the war times bank charters were easy to come by, and two new banks started business in Beloit. The result was five banks competing for business.
Before long it became evident that there was not enough business for five banks. As some loose practices, encouraged by the intense competition, had weakened the two new banks, it was decided to merge Mitchell County State Bank and the American State Bank.
This was done on January 23, 1922. The new bank opened under the name of The Guaranty State Bank with E. N. Daniels, M D., President; E. E. Booker, Vice-President; C. R. Hubbard, as Cashier and managing officer; and H. E. Heidrick, Assistant Cashier. The new bank had taken over the charter of the Mitchell County State Bank and occupied the building acquired from that bank across the street north of our present location.
Two mergers figured in the history of The Guaranty State Bank. On February 29, 1928, the bank assumed the deposits of the Mitchell County Farmers Union Bank which had opened April 16, 1927. After the "Bank Holiday" in 1933 the deposits of the Beloit State Bank were also acquired.
Locations / Hours
We have four locations throughout North Central Kansas. Find the one nearest to you, and let us help you with all of your banking needs.
We have four locations to better serve you at The Guaranty State Bank. You can contact us by phone, fax, send us an e-mail, or send us correspondence by regular mail.
We recognize, respect and protect the personal privacy rights of all our customers. We realize that our customers entrust us with personal information and it is our policy to maintain our customers' information in a confidential manner. We are committed to providing the highest level of security and privacy regarding the collection and use of our customers' personal information, as well as personal information of all consumers who visit our institution and website.
We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.
We collect nonpublic personal information about you from the following sources:
Information we receive from you on applications or other forms
Information about your transactions with us, our affiliates, or others
Information we receive from a consumer reporting agency
We do not disclose nor do we reserve the right to disclose, any nonpublic personal information about our customers or former customers to anyone, except to other nonaffiliated third parties as permitted by law. Also, we share information about you only with our holding company, which has the same personnel as the bank. The holding company does not share this information.
If you have questions or concerns, please stop in or give us a call.
