On June 27, 2016, Guaranty Federal Bancshares Inc. announced the appointment of H. Charles Puls to serve as Executive Vice President, Chief Lending Officer. Mr. Puls' primary responsibility will be to oversee the management, direction, and development of the bank's commercial lending and corporate services lines of business. Mr. Puls, who has more than 23 years of banking experience, served as Senior Vice President, Market President in Southeast Missouri for Regions Bank for the past 9 years. Prior to that, Puls was Senior Vice President, Relationship Manager for Regions Bank, Union Planters Bank, and Capital Bank & Trust in the St. Louis market. Puls is a board member and active volunteer for the American Red Cross.