Guaranty Bank and Trust Acquires Cherry Hills Investment Advisors, LLC

DENVER, CO--(Marketwired - Jul 16, 2014) - Guaranty Bank and Trust Company, a community bank that has served Colorado for over 50 years and a wholly-owned subsidiary of Guaranty Bancorp (NASDAQ: GBNK), today announced that it has purchased privately held Cherry Hills Investment Advisors, LLC. Cherry Hills Investment Advisors is a Greenwood Village-based investment management firm serving the financial planning and investment management needs of individuals and families since 1999. With a shared vision of providing a high level of personal service, this powerful combination of two Colorado companies will offer unparalleled financial services expertise to both individuals and businesses.

"Guaranty Bank and Trust's comprehensive banking services and Front Range branch network, together with Cherry Hills Investment Advisors' investment management expertise and high touch service, will enable us to offer an expanded platform to individuals looking for a Colorado-based partner to help them achieve their financial goals," said Paul W. Taylor, Chief Executive Officer of Guaranty Bank and Trust. 

Cherry Hills Investment Advisors will become a subsidiary of Guaranty Bank and Trust within its Wealth Management Group. Susie Johnston, Valerie Antonioli and Kate Scott will continue to serve as Principals of Cherry Hills Investment Advisors and there will be no change to the firm's investment or financial planning process. Cherry Hills Investment Advisors will remain in Greenwood Village and all of its employees will be retained.

"We are pleased to be partnering with a local Colorado company that will enable us to continue to provide exceptional service to our clients," said Susie Johnston, Founder of Cherry Hills Investment Advisors. "By partnering with Guaranty Bank, we are able to focus our efforts exclusively on helping our clients successfully navigate their financial future."

For additional information about Guaranty Bank and Trust, please visit GuarantyBankCO.com. For additional information about Cherry Hills Investment Advisors, please visit Chiaplan.com.

About Guaranty Bank and Trust Company
Guaranty Bank and Trust Company, a wholly-owned subsidiary of Guaranty Bancorp (NASDAQ: GBNK), is a Colorado-based community bank with $2.0 billion in assets and 26 branches along the Front Range. The Bank provides banking and other financial services including commercial and industrial, real estate, construction, energy, consumer and agricultural loans throughout its targeted Colorado markets to consumers and small to medium-sized businesses, including the owners and employees of those businesses. The Bank also provides wealth management services, including private banking, investment management, jumbo mortgage loans and trust services. More information about Guaranty Bank and Trust Company can be found at GuarantyBankCO.com. Information about Guaranty Bancorp can be found at www.gbnk.com.

Forward-Looking Statements

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