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8.8.2019 / Gateway Announcements

Gateway First Bank Has Record-Breaking July and On Track for $7 Billion of Loan Production in 2019

Jenks, Okla., Aug. 08, 2019 – Gateway First Bank, one of the largest banks in the State of Oklahoma and one of the largest mortgage operations in the United States, achieved record production volume for the month of July, surpassing $767 million in residential mortgage loans.

Last year, Gateway experienced record growth, funding more than 29,000 loans for a total of $6.1 billion in mortgage loans, a ten percent increase from 2017. This year, Gateway has already originated more than $3.8 billion in mortgage loans through July. The company now expects annual loan volume in 2019 to exceed $7 billion, another record year.

“Gateway has strong momentum, outperforming our competition and exceeding market averages because of the quality of our team members, their commitment to hard work for our clients, our on time every time promise and our dedication to service excellence,” said Stephen Curry, Chairman and CEO at Gateway. “We expect 2019 to be another record-breaking year and are developing plans to achieve $10 billion of production by 2021.”

About Gateway First Bank 

Gateway First Bank is a leading financial institution that provides banking and mortgage services for consumers and commercial customers. Headquartered in Jenks, Oklahoma, Gateway is a $1.9 billion asset sized bank with a strong mortgage operation.  Gateway is one of the largest banking and mortgage operations in the United States with six bank branches in Oklahoma, over 160 mortgage centers in 42 states, and almost 1,600 employees.  Learn more at www.GatewayFirst.com. Member FDIC, Equal Housing Lender (NMLS 7233)

Follow Gateway First on Facebook (https://www.facebook.com/GatewayFirstBank/), LinkedIn (https://www.linkedin.com/company/gatewayfirst/) and Twitter (https://twitter.com/Gateway1st).

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