Fed Terminates Written Agreement with Guaranty Bancorp

Fed Terminates Written Agreement with Guaranty Bancorp

  • Posted: 05/22/2012
  • Castle Creek

The Federal Reserve has lifted a written agreement with Guaranty Bancorp and its bank. The agreement required the company to submit a written capital plan. It also addressed board oversight, real estate concentrations, reserves and the bank’s ability to fund itself with brokered deposits, among other things. Guaranty said in its 2011 annual report that it had achieved full compliance with all aspects of the agreement.

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