Guaranty Bank Welcomes Commercial Lender Lyndall Magers
SPRINGFIELD, MO - Shaun Burke, President and CEO of Guaranty Bank announces the addition of Lyndall Magers to the bank's commercial lending team. In his new position as a Senior Vice President, Magers will focus on business development and relationship building in the commercial lending department. Nancy Breshears, long-time Commercial Lending Assistant to Magers, has also joined the bank.
"Guaranty Bank is committed to supporting southwest Missouri by offering quality commercial financing and providing exemplary service to our clients," said Burke. "Lyndall's 30 years of experience and proven track record of sourcing and managing commercial lending relationships provides significant capacity for us to broaden our service to the community and build our commercial loan portfolio."
Magers, who attended Missouri State University, is a graduate of The Graduate School of Banking of The South, the University of Oklahoma National Commercial Lending School, and FDIC Bank Examiner School in Washington D.C. Magers has also served his community as President of the Ozark Bankers Association, the Republic Kiwanis Club, and the Downtown Exchange Club. He is currently involved in the Springfield Contractors Association and the Springfield Chamber of Commerce.
About Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) has a subsidiary corporation offering full banking services. The principal subsidiary, Guaranty Bank, is headquartered in Springfield, Missouri, and has nine full-service branches in Greene and Christian Counties and Loan Production Offices in Wright, Webster and Howell Counties. In addition, Guaranty Bank is a member of the TransFund ATM network which provides its customers surcharge free access to over 100 area ATMs and over 1,600 ATMs nationwide. For more information visit the Guaranty Bank website: www.gbankmo.com.
The discussion set forth above may contain forward-looking comments. Such comments are based upon the information currently available to management of the Company and management's perception thereof as of the date of this release. Actual results of the Company's operations could materially differ from those forward-looking comments. The differences could be caused by a number of factors or combination of factors including, but not limited to: changes in demand for banking services; changes in portfolio composition; changes in management strategy; increased competition from both bank and non-bank companies; changes in the general level of interest rates; the effect of regulatory or government legislative changes; technology changes; and fluctuation in inflation.
Contacts: Shaun A. Burke, President & CEO Guaranty Bank 1341 W. Battlefield Springfield, MO 65807 417-520-4333