Guaranty Bank adds two
Huey Townsend, Chairman of the Board of Guaranty Bank & Trust Company, today announced that Hunt Campbell and Tyrone Burroughs have both been elected Directors at the Belzoni-based bank. Campbell was Chairman, President and CEO of First Alliance Bank of Memphis, Tennessee, which Guaranty Bank acquired in 2019, while Burroughs served with Campbell on the First Alliance Bank Board.
Campbell served as the senior officer of First Alliance Bank for more than 20 years. He began his banking career in 1976 at Citizens and Southern National Bank, Atlanta, after having completed his Bachelor of Business Administration at Emory University in Atlanta. He is a graduate of the Tennessee School of Banking and earned a Professional Master of Banking diploma through the Executive Banking Institute sponsored by Sheshunoff Management Services and Louisiana State University.
Campbell has been active in many civic, economic development and church-related endeavors. A 2002 graduate of Leadership Memphis, he is a member of the Memphis Rotary Club and serves on the executive board and is a past president of the Chickasaw Council Boy Scouts of America. Campbell also serves on the Board of Directors of Trezevant Manor, Emmanuel Center, Inc., and is an active member of St. John’s Episcopal Church. Campbell is a former Board member of the Tennessee Banker’s Association, and currently serves as a member of the Tennessee Banker’s Association Governmental Affairs Committee.
Burroughs is a 1975 graduate of Benedict College with graduate work in Education Administration from the University of South Carolina. Since 2010, he has served as Chairman of MG Capital, LLC. In addition, he is the founder, President and CEO of First Choice Sales & Marketing Group, Inc., Memphis, which is the largest minority-owned consumer products agency in the nation.
Throughout his distinguished career, Burroughs has enjoyed honors, awards and numerous affiliations. He served as Chairman of The Burroughs Foundation and is a Life Member of the Memphis NAACP, where he serves on the Board of Directors. He also serves as Chairman of the Trustee Board at Metropolitan Baptist Church and sits on the Board of the Ronald McDonald House, Memphis, and he formerly served on the West Broad Street YMCA Board in Savannah, Georgia. In addition, he serves as a Board member of the Benedict College Board of Trustees, where he is Chairman of the Finance and Audit Committee. Burroughs holds an Honorary Doctorate of Humane Letters from Benedict College, where in 2017, the School of Business and Economics was renamed to the Tyrone Adams Burroughs School of Business and Entrepreneurship.
Among Burroughs’ many honors is the 2012 Tri State Defender Men of Excellence Award and Associate four-time Member of the Year for AHBAI. He was also the 2005 African American Male Image Award for Business winner, presented by the Memphis chapter of Phi Beta Sigma fraternity, and a 1985 recipient of the Outstanding Young Men of America recognition.
“The accomplishments of both Mr. Campbell and Mr. Burroughs speak for themselves,” Townsend said. “We are fortunate to have them on our Board of Directors and their leadership will be significant in the years ahead.”