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Gateway Bank:
About Us

Gateway Bank was founded by experienced banking professionals with a clear vision of what a community bank should be. We built Gateway on a foundation of three main beliefs:

1) Outstanding customer service
2) Strong client relationships
3) An excellent work environment

To deliver outstanding service, we are staffed with highly competent, hard working, responsive banking professionals.

To meet the needs of individual clients and local businesses, we offer competitive products and sophisticated services.

To build lasting relationships, we maintain a work environment that conveys respect and appreciation for the efforts of our associates.

John Schreier
John is a native Minnesotan who is a graduate of St. Thomas Academy and the University of Notre Dame. He obtained an MBA from the University of Minnesota Carlson School of Management. John has extensive banking experience, having spent over 17 years at community banks in the Twin Cities area.

Bruce Downey

Also a life-long Minnesotan, Bruce is a graduate of Edina East High School and the University of St. Thomas, where he received his undergraduate degree and an MBA in finance. Bruce has a variety of banking experience from his almost 19 years in the banking industry.
745 Market Street      Mendota Heights, MN 55118      Phone: 651.209.4800   Fax: 651.209.4899
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On July 22, 2010, FDIC deposit insurance permanently increased from $100,000 to $250,000 per depositor. All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.