Skip to content

NEW - Beloit, Glen Elder & Tipton Lobbies

November 12, 2020 - Beloit, Glen Elder & Tipton Bank Lobbies

Due to the increase of Coronavirus cases in Mitchell County and the need to protect our staff as well as our customers, we have elected to also work with locked doors at our Guaranty State Bank & Trust Co. locations: BELOIT, GLEN ELDER and TIPTON. Effective November 12, 2020 until further notice.

You may call one of the following locations to make an appointment in advance: Beloit at 785-738-3501, Glen Elder at 785-545-3211 or Tipton at 785-373-4135 or by calling Toll Free 888-738-8000.

Drive-Through services available at Beloit and Glen Elder. We also offer Online and Mobile Banking services which include FREE Mobile Deposit. Email us at [email protected] or call one of the numbers listed above.

Thank you for understanding!

November 6, 2020 - Jamestown & Smith Center Bank Lobbies

Due to the Coronavirus and the need to protect our staff as well as our customers, our bank lobbies in Jamestown and Smith Center  will not be open until further notice. Please use our Drive through, Online and Mobile Banking services or call Jamestown at 785-439-6224 or Smith Center at 785-282-6641 to make an appointment.

Thank you for your understanding!


June 1, 2020 - Our Doors are open, please come see us again!

BUT...If you are coughing, sneezing, have a fever or body aches, or are showing any signs of being sick, DO NOT come into the bank. We have drive-up, mobile and online banking, ATM, or you may call the bank to transfer money or speak to an employee.

We have all worked together and remained safe - Let's continue this new practice and keep it that way.

Please call 785-738-3501 if you have any questions.

Thank you for all of your cooperation and diligence during the past 2 and a half months!


April 14, 2020 - Economic Impact Payments (Stimulus Payments)

The IRS has started issuing their first round of EIP Payments (also referred to as stimulus payments) and will be posted to some of our customer's accounts effective April 15, 2020. Please be aware that not all will receive their payment on this date or even qualify. EIP Payments will continue to arrive weekly with deposits to the accounts on Friday's.

Should you receive an EIP Payment, it will show with the description AC-IRS TREAS 310 TAX REF

As per

Who is eligible:

U.S. residents will receive the Economic Impact Payment of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent of another taxpayer and have a work eligible Social Security number with adjusted gross income up to:

  • $75,000 for individuals
  • $112,500 for head of household filers and
  • $150,000 for married couples filing joint returns

Taxpayers will receive a reduced payment if their AGI is between:

  • $75,000 and $99,000 if their filing status was single or married filing separately
  • 112,500 and $136,500 for head of household
  • $150,000 and $198,000 if their filing status was married filing jointly

The amount of the reduced payment will be based upon the taxpayers specific adjusted gross income.

Eligible retirees and recipients of Social Security, Railroad Retirement, disability or veterans' benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.

Retirees who receive either Social Security retirement or Railroad Retirement benefits will also receive payments automatically.

Who is not eligible:

Although some filers, such as high-income filers, will not qualify for an Economic Impact Payment, most will.

Taxpayers likely won't qualify for an Economic Impact Payment if any of the following apply:

  • Your adjusted gross income is greater than
    • $99,000 if your filing status was single or married filing separately
    • $136,500 for head of household
    • $198,000 if your filing status was married filing jointly
  • You can be claimed as a dependent on someone else’s return. For example, this would include a child, student or older dependent who can be claimed on a parent’s return.
  • You do not have a valid Social Security number.
  • You are a nonresident alien.
  • You filed Form 1040-NR or Form 1040NR-EZ, Form 1040-PR or Form 1040-SS for 2019.

Do I need to take action?

No additional action is needed by taxpayers who:

  • have already filed their tax returns this year for 2019. The IRS will use this information to calculate the payment amount.
  • haven’t filed yet for 2019 but filed a 2018 federal tax return. For these taxpayers the IRS will use their information from 2018 tax filings to make the Economic Impact Payment calculations.

People who aren't typically required to file a tax return

Social Security and Railroad Retirement recipients who are not typically required to file a tax return need to take no action. The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate Economic Impact Payments of $1,200 to these individuals even if they did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits. Social Security Disability Insurance (SSDI) recipients are also part of this group who don't need to take action.

For Social Security, Railroad retirees and SSDI who have qualifying children, they can take an additional step to receive $500 per qualifying child.

There are other individuals such as low-income workers and certain veterans and individuals with disabilities who aren’t required to file a tax return, but they are still eligible for the Economic Impact Payments. Taxpayers can check the tool - Do I Need to File a Tax Return? - to see if  they have a filing requirement.  

If you don’t have to file, use the "Non-Filers: Enter Payment Info Here" application to provide simple information so you can get your payment.


Avoid scams related to economic payments, COVID-19

The IRS urges taxpayers to be on the lookout for scam artists trying to use the economic impact payments as cover for schemes to steal personal information and money. Remember, the IRS will not call , text you, email you or contact you on social media  asking for personal or bank account information – even related to the economic impact payments. Also, watch out for emails with attachments or links claiming to have special information about economic impact payments or refunds.



COVID-19 Update, March 19, 2020

The Guaranty State Bank and Trust Company
Is here to serve you.

Our customers are our priority.

Effective March 19, 2020, during normal 
business hours, all Guaranty locations will offer 
banking services through drive-through (where available) 
online banking, mobile banking, email and telephone
 as our lobbies will not be open.

We strongly encourage you to use our mobile and online banking services, which include 
balance inquiries, transfers, mobile deposits, bill payment and much more.
Also available at several locations are our ATMs and night drop.

Should you need loan assistance or access to your safe deposit box, please contact us directly.

We strive to not disrupt your normal routine
through these various banking options.

Please contact us on how we can serve you.

785-738-3501 or 888-738-8000

[email protected]



COVID-19 Update for March 18, 2020

With Guaranty State Bank & Trust Company’s highest priorities being our staff, customers and the communities we serve, we are updating our Pandemic Contingency Plan as a precautionary step and will continue to monitor the COVID-19 situation. Our plan continues to follow guidance from the Center for Disease Control and Prevention (CDC) as well as state and local public health authorities.

To ensure customer and employee well-being, we will:

  • Increase cleaning and sanitation practices
  • Review and implement communication avenues
  • Encourage all employees to take extra hygiene precautions
  • Exercise caution with meetings and travel

Our online services, including mobile banking and mobile check deposit, can be accessed anytime at your convenience.  As a reminder, there are NO FEES associated with mobile deposits!

You may also visit any participating Guaranty State Bank & Trust Company ATM -- surcharge-free to you.

Our management team will be meeting frequently as more details arise to ensure we have the appropriate level of resources devoted to your health and safety during this time of uncertainty.

Please check back for updates.

CDC COVID-19 Latest Update (Center for Disease Control and Prevention)

WHO COVID-19 Disease Outbreak (World Health Organization)

KDHE COVID-19 Resource Center (Kansas Department of Health & Environment)