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Jeff Davis Bank Merges with Guaranty Bank

Posted: Jan 2, 2013 12:20 PM by Ian Auzenne
Updated: Jan 2, 2013 12:31 PM

Jeff Davis Bank has completed its acquisition of Guaranty Bank. Jeff Davis Bancshares, the bank's holding company, says the deal was closed in a cash transaction valued at $20.9 million. The Mamou-based Guaranty Bank has four locations in Evangeline and St. Landry Parishes. This brings the total number of Jeff Davis Bank branches to 18.

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