McKinney’s Independent Bank has entered into an agreement to acquire Denver-based Guaranty Bancorp in a $1 billion deal that would grow the company’s presence in the state while Congress has moved to loosen oversight for financial institutions of its size.
Independent has been acquiring smaller firms in Texas and in Colorado as the bank has seen business explode with the building and economic growth in its own neighborhood. CEO David Brooks said earlier this year that he was looking for another…
