Abston Named New Chairman
Ty Abston, Chairman of the Board and CEO of Guaranty Bank & Trust, has been elected the 2017-18 chairman of Friends of Traditional Banking. In addition to running a $1.8 billion community bank, with 26 bank locations throughout Texas and over 400 employees, Mr. Abston has served on the Executive Committee of Friends of Traditional Banking for the past two years, and previously represented the state of Texas on FOTB's Fifty State Banker Board.
During his 29 year career in banking, he has also served on the Board of Directors of the Federal Home Loan Bank of Dallas and Independent Bankers Association of Texas. He is past President of the Mount Pleasant Industrial Foundation, Mount Pleasant Habitat for Humanity and the Northeast Texas Water Coalition.
Mr. Abston earned his BBA in Finance from the University of North Texas, his MBA in Finance from Texas A&M University-Texarkana and is a graduate of American Bankers Association National Commercial Lending School. In 2013 he was honored as a recipient of the Distinguished Alumni Award from Texas A&M University-Texarkana.
He lives in Dallas. He and his wife Anne have two grown children, a daughter Taylor and son Tanner.