Around Acadiana

Jan 2, 2013 1:20 PM by Ian Auzenne

Jeff Davis Bank Merges with Guaranty Bank

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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