The Guaranty State Bank And Trust Company Announces Expansion To Glen Elder


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Beloit, Kansas: Today Central National Bank and The Guaranty State Bank and Trust Company jointly announced a purchase agreement for The Guaranty to purchase Central National Bank’s Glen Elder branch location. The sale is subject to approval by the Office of the Kansas State Bank Commissioner and the FDIC. The transition is intended to take place on April 14, 2017.

“The Guaranty is pleased to have the opportunity to offer full banking services to the Glen Elder area,” said Doug Johnson, President of The Guaranty. “The name will change, but customers will experience few changes following the sale. The Guaranty’s aid is to provide true community banks to each of the communities it serves.”

The Glen Elder branch will join The Guaranty family of banks in Beloit, Burr Oak, Esbon, Jewell and Smith Center. A loan production office in Rossville, Kan. is another part of The Guaranty family. Total assets for all locations will be approximately $279,000,000. In addition, The Guaranty Financial Resource Center manages $69,000,000 in trust department assets and $95,000,000 in brokerage assets with Investment Centers of America.

Investment Centers of America, Inc. (ICA), member FINRA/SIPC and a Registered Investment Advisor is not affiliated with the Guaranty State Bank & Trust Co or the Guaranty Financial Resource Center Investment & Insurance Services. Securities, advisory services, and insurance products offered through the ICA and affiliated insurance agencies are *not insured by the FDIC or any other Federal Government agency *not a deposit or other obligation of, or guaranteed by any bank or their affiliates *subject to risks including the possible loss of principal amount invested.

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Derek Nester
Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

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