Texas Leadership Bank: The Merger History - Texas Leadership Bank is one of commercial bank in United States of America. It was established in the end 2006, but soon it was closed around 2015 because of infrastructure problem. Then, it is known to be a part of Guaranty Bank and Trust. Several months after that, public knew that the merger is caused net loans and leases happened in the bank. Until the end of the closing time, Texas Leadership Bank could not arise. So, they took the last solution by joining with Guaranty Bank and Trust. This phenomenon often happens in several times. Working in bank is really taking a lot of risk.
Had been established in 2006 and ended in 2015, Texas Leadership Bank actually had more than seventy millions assets and over sixty millions deposits. Their customer spread from several cities in Texas. The bank licensed is supervised by Federal Deposit Insurance Corporation since 2006 itself. They even had gained second number in the commercial branches. They have more than twenty liabilities of foreign offices around the world. This is their best achievement in the entire time and people in commercial field said that the fact is quite impressive. They also good in serving family residential loans for several years. Yet, in the beginning of 2015, they started to reorganize and vacuum. All the leases and loans are delivered back into customer’s account. They called for meeting and discussion because they went through trouble regards to infrastructure problem.
Texas Leadership Bank then made an important decision by taking offer from Guaranty Bank and Trust. They were ready to join them as soon as possible. As we know, in the middle of 2015, from Guaranty Bank and Trust has formed and brought to public as commercial bank. While the exact reason of this merger is still remained silent.