Guaranty Bank Announces Addition to Residential Lending Team
SPRINGFIELD, MO - (September 14, 2009) - Michael Mattson, EVP and Chief Lending Officer of Guaranty Bank, announces the addition of Mark Mallian to the bank's Residential Lending Team. Mallian, an experienced residential lender who has been in the Ozarks area for over 40 years, will focus on mortgage originations in southwest Springfield and Nixa.
"Guaranty Bank's Residential Lending team specializes in offering exemplary and expedient customer service to our local community," said Mattson. "Mark's experience makes him a great additional to our team during this time of favorable mortgage rates and significant mortgage lending volume."
Mallian, who is married and has two children, attended Missouri State University.
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: Carlye Wannenmacher Guaranty Bank 1341 W. Battlefield Springfield, MO 65807 417-520-4333