Latest news with #FairPark
Yahoo
11-07-2025
- Business
- Yahoo
Guaranty Bank & Trust Returns as Sponsor of 29th Annual Dallas Mayor's Back to School Fair, Expanding Focus on Financial Literacy
ADDISON, Texas, July 11, 2025--(BUSINESS WIRE)--Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust is excited to announce its continued support as a sponsor for the 29th Annual Dallas Mayor's Back to School Fair, hosted by Mayor Eric Johnson. The event will take place on Friday, August 1, 2025, at Fair Park, bringing together thousands of Dallas students and families for a day of community celebration and support. For 29 years, the Mayor's Back to School Fair has helped equip Dallas children with the school supplies, resources, and encouragement they need to start the academic year strong. Guaranty Bank & Trust is honored to be a sponsor for the third consecutive year, reaffirming its commitment to supporting education and building stronger communities across Texas. "At Guaranty Bank & Trust, supporting our youth and their futures is central to who we are," said Mike Merritt, Dallas Market President. "The Mayor's Back to School Fair is such an important tradition in Dallas, and we are thrilled to continue standing alongside Mayor Johnson and the City to help make a positive impact." In addition to its sponsorship, Guaranty Bank & Trust is excited to once again offer a financial literacy-centered booth experience. Attendees can stop by for fun and educational activities focused on building financial skills for all ages. Making a return appearance will be the bank's beloved mascot, Cash, who will be handing out prizes and spreading smiles throughout the day. This year, Guaranty Bank & Trust will also be handing out custom branded backpacks to help students get ready for school, and families will have the opportunity to sign up for an exclusive door prize giveaway at the booth. "We believe financial literacy is a critical building block for future success," said Ryan Coaxum, Senior Vice President of Community Development and External Affairs. "We're proud to bring a different twist to our booth experience, combining learning with fun, and to continue connecting with families in a meaningful way. We look forward to another incredible event!" Guaranty Bank & Trust remains committed to educational empowerment and community support initiatives throughout Texas, reinforcing the bank's mission of Growing Strong Communities. About Guaranty Bancshares Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and has 33 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. As of March 31, 2025, Guaranty Bancshares, Inc. had total assets of $3.2 billion, total loans of $2.1 billion and total deposits of $2.7 billion. Visit for more information. View source version on Contacts Shalene JacobsonExecutive Vice President & Chief Financial OfficerGuaranty Bancshares, Inc.(888) 572-9881investors@
Yahoo
19-06-2025
- Business
- Yahoo
Dallas Terminates Fair Park Management Deal Before State Fair
The City of Dallas announced Wednesday it has issued a notice of termination to Fair Park First, the nonprofit managing Fair Park under a long-term agreement, effective in 90 days. The decision also ends the subcontracting relationship with OVG360, which has handled venue and facilities management and daily operations at Fair Park since January 2019. The termination will become effective just days ahead of the start of the State Fair of Texas, which opens at Fair Park this year on September 26 and runs for three weeks. The fair attracts more than 2 million visitors each year. City leaders cited a flawed organizational structure in the existing contract, which lacks a direct relationship between OVG360 and the city, as the reason for the termination. 'Fair Park is a vital part of our city's cultural and historic identity,' said Dallas City Manager Kimberly Bizor Tolbert. 'This decision reflects our commitment to ensuring sound stewardship and transparent management of this beloved public asset. 'The city is prepared to move forward decisively to protect Fair Park's future. We will work with all our stakeholders to maintain this Crown Jewel of Dallas.' The move follows scrutiny of Fair Park First and OVG360 after an October 2024 audit revealed that $5.7 million in private donations, restricted for specific Fair Park projects, were misused by OVG360 for operating expenses and unqualified projects. This accounted for roughly a third of the total funds raised since the city awarded the management deal to the partnership between Fair Park First and Oak View Group, OVG360's parent company. Oak View Group later disputed the audit findings. Reports also surfaced about OVG360's issues paying third-party vendors. 'This step enables us to reset our approach to Fair Park management and is in the best interest of Fair Park, patrons, and the taxpayers of Dallas,' said John D. Jenkins, Director of the Dallas Park and Recreation Department. 'Dallas is firmly committed to developing a new plan that is financially sustainable, vibrant, welcoming, and inclusive in order to propel Fair Park forward so that Dallas residents will be able to enjoy the park year-round.' 'The new plan will involve Dallas Park and Recreation managing the daily operations and maintenance, partnering with a non-profit to deliver third party funding opportunities, continuing the relationship with existing campus partners, and bringing in new companies with expertise in producing large and small events and programs,' Jenkins added. During the transition, Dallas Park and Recreation staff will be on-site to ensure continuity for park tenants, campus partners, and upcoming events. The city will honor all existing contracts for park events.
