Business Chief USA – August 2019

(Nora) #1
uying a home is a pivotal decision for
anybody. Much more than a routine
commercial transaction, it speaks to that
person’s aspirations, hopes, and family identity.
It was with this awareness, and a vision to help
families and communities grow stronger through
home ownership, that Kevin J Stitt, a career
professional in the mortgage industry, started up
Gateway Mortgage Group in 2000. By 2017, through
some of the most challenging times for the housing
market, Stitt had grown Gateway to become one
of the largest privately held mortgage origination
and servicing companies in America, employing
more than 1,200 people at 160 branch offices.
In November 2018, Kevin Stitt was elected
Governor of the State of Oklahoma, but before he
stepped aside from the position as CEO at Gateway
he had been able to advance a long-held desire
to move beyond the origination and servicing
of mortgage loans and turn the company into
a fully-fledged bank. Leveraging the expertise of
Stephen Curry, a banker specializing in banking

B


With a goal to grow its accounts
and deposits nationwide, Gateway
Mortgage Group is preparing
in mid-2019 to launch Gateway
First Bank, its full-service, direct-to-
consumer digital bank

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AUGUST 2019

GATEWAY FIRST BANK
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