Guaranty Bancshares (TX)
2.0 of 5 2 reviews
www.gnty.com Mount Pleasant, TX 150 to 499 Employees

Guaranty Bancshares (TX) Reviews

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Art Scharlach Jr.


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    Religious Dress Code, Antiquated Office Conditions, Low Morale, Gossip Machine

    Loan Clerk (Former Employee)
    Mount Pleasant, TX

    ProsIt pays better than minimum wage and the benefits are better than nothing, but not by much. Well-meaning employee appreciation gestures and events.

    ConsThe name of the bank is Guaranty Bond Bank, which runs an investment banking business across the street called Guaranty Bancshares.

    Overly strict dress code for women (nothing sleeveless, not even on conservative, knee-length, tailored dresses), apparently based on religious criteria. The main office loan processing department is a graveyard for old office equipment and furniture with falling ceiling tiles, inches of dust and debris in the back corners of the cubicle panels, and a walled up "mystery" phone that occasionally rings but can never be answered. The manager rewards political allies. Morale in the credit/loan dept is generally low and is actively ignored. Gossip is rampant and is rarely addressed. Pay, while better than minimum wage is still quite low. It is mandatory for GBB to be the sole bank of use by the employees and it is mandatory for payroll to be direct deposited to the GBB account. Community marketing events are not "mandatory" but if you do not sign up to voluntarily work such events regularly, you receive disapproving looks. While it is never said aloud, employees are expected to work events unpaid, with a smile.

    Advice to Senior ManagementJoin the 21st Century. Take the religious influence out of the dress code. It can easily allow today's still quite appropriate and professional modes of dress. Spend the money to modernize the back offices where the clerks toil unappreciated. Cut the wire to the walled up phone. Speak to the clerks with genuine interest in their feedback. Care about them with more than lip service. Be welcoming of those from other communities with differing lifestyles and styles of communication. Train newcomers as if your goal is for them to succeed, rather than barely training them and then expect the veterans to pick up the slack. Deal with the gossips and back stabbers instead of looking the other way. Provide a way for whistleblowers to safely report the unfair and ineffective managers.

    No, I would not recommend this company to a friend

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    My thoughts on Guaranty

    Associate Vice President (Former Employee)
    Dallas, TX

    ProsIf you like fun manager meetings, (a lot of drinking with good food mixed in) Guaranty is great. Otherwise, there was not much to be impressed with.

    ConsIn my experience the politics within the company was unbearable. Everybody is watching out for themselves. Overall, I felt that there was a lot of lip service with little follow through. Meetings were unproductive and a total waste of time. There was little postive feedback and communication was poor. They gave little support and a lot of pressure. Goals were not realistic. Management was inconsistent. Turnover in the company is very high. It's a tough place to work.

    Advice to Senior ManagementMiddle management-needs to be supportive of the branches, listen to the employees, understand the needs of the employees / branches.

    No, I would not recommend this company to a friend

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