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The bank operated beneath its holding company, Guaranty Federal Bancshares, Inc. [2] The bank invests deposits attracted from the general public. It is headquartered in Springfield, Mo. and operated branches in Greene, Christian and Jasper counties as well as a loan production office in Webster County.
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In addition, the investment bank Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008, citing bank debt of $613 billion and $155 billion in bond debt. The solvency of other U.S. banks was severely threatened, forcing the George W. Bush government to intervene with the $700 billion bailout plan of the Troubled Asset ...
The first class met in the basement of an old church building but quickly outgrew that space. With a $5,000 donation from local businessmen, CBC purchased a 15-acre tract on North Grant Avenue in Springfield. They moved into the first permanent building on the campus, Bowie Hall, in 1924. The first class graduated in 1925.
Smock came to Missouri from Arizona and in 2006 built an 11-bedroom mansion with an indoor pool and gymnasium on the property at 6360 E. 1570 Road, which he used as his home and business addresses.
In 2004, the bank acquired Business Bank of Baton Rouge, Louisiana, and Premier Bank of Brentwood, Tennessee. [6] In 2005, the bank acquired American State Bank of Jonesboro, Arkansas. [7] In October 2006, the bank acquired City Bancorp of Springfield, Missouri, for $170 million with half consisting of BancorpSouth stock and the remainder in ...