Acquisition Provides Mortgage Lender Entree into Digital Banking

March 15, 2019

American Banker, Mar. 14, 2019--Will Hernandez (subscription)
Gateway Mortgage Group recently bought Farmers Exchange Bank in Cherokee, Okla., and plans to rebrand it Gateway First Bank. The $314 million-asset bank will be the backbone for a digital-only bank that Gateway is scheduled to open this summer.

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