Guaranty Corporation operates primarily as a financial services holding company with core products and services that include commercial and retail banking through its subsidiary Guaranty Bank & Trust Company. The company offers a comprehensive range of deposit products such as checking accounts, savings accounts, certificates of deposit, and individual retirement accounts. Its lending portfolio encompasses business loans, consumer loans, agricultural loans, and mortgage financing. Guaranty Bank also provides treasury management, merchant services, and digital banking solutions to serve both individual and business customers. Guaranty Corporation operates predominantly in Mississippi and Tennessee, with a network of branches across these states, focusing on community-oriented banking and financial services. Founded in 1926, the company is headquartered in Belzoni, Mississippi. In recent developments, Guaranty Corporation announced the strategic acquisition of Lafayette Bancorp Inc., the holding company of Oxford University Bank, expected to close in the first quarter of 2024. This acquisition expands Guaranty’s market presence in Oxford, Mississippi, and further strengthens its asset base, bringing total assets to approximately $2.6 billion and branch count to 39 across Mississippi and Tennessee. The integration plan includes merging Oxford University Bank into Guaranty Bank, which supports the company's growth strategy and reinforces its commitment to community banking and financial inclusion, both institutions holding Certified Development Financial Institution (CDFI) designations. This acquisition marks a significant operational expansion for Guaranty Corporation, complementing its existing products and enhancing service capabilities for its customers.