# THE GUARANTY BK OF SAINT PAUL

> **Failed bank** · ST. PAUL, MN · failed 1984-07-19 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

THE GUARANTY BK OF SAINT PAUL of ST. PAUL, MN was closed by regulators on **1984-07-19**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **SHELARD NATIONAL BANK** (ST. LOUIS PARK, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 897
- **FDIC Certificate:** 18510
- **FDIC FIN:** 2400
- **Bank name:** THE GUARANTY BK OF SAINT PAUL
- **Location:** ST. PAUL, MN
- **Failure date:** 1984-07-19
- **FDIC resolution date:** 1984-07-19
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $27M
- **Assets at failure:** $29M
- **Acquiring bank:** SHELARD NATIONAL BANK (ST. LOUIS PARK, MN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20GUARANTY%20BK%20OF%20SAINT%20PAUL

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE GUARANTY BK OF SAINT PAUL (FDIC ID 897), failed 1984-07-19. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/897.

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