January 2006
No. The State is an Investor/ Shareholder in GMB
Yes. GMB is one of the licensed Banks by Central Bank of Nigeria (CBN)
Three: Abeokuta, Ota and Mowe branch for now
You can deposit to your account through any commercial bank that GMB has account with e.g FCMB, GTB, WEMA BANK, SKYE, FBN, STERLING BANK, ACCESS BANK
GMB has well over 18,000 Customer base.
The bank has been in existence since 2006.
All over Ogun State for now.
Yes, we have e banking module for the purpose of transferring fund from one customer to   another, in different banks.
No. Collateral is a Security for a loan in any bank.
Yes. GMB can help you to buy Land and after paying for the Land, also finance the building.
All over Ogun State for now.
No. But we have Liason office at Abuja.
NO. There is no need because our card can be used on any ATM in Nigeria.
6 months as mandated by the CBN. The bank respects KYC directive of the CBN on this.
Yes, the bank is licensed as a state bank by the CBN.
Ogun State Property and Investment Corporation, Ogun State Housing Corporation and the Ogun State Government.
No. GMB is not a Microfinance Bank but a Mortgage Bank.
GMB is specialized in financing Home Ownership and other properties, while commercial banks are not.
GMB issues Verve ATM to customers; meanwhile GMB can issue other type of card on request.
Yes. Our ATM card can be used for transfer on other Machines.
No. The old Gateway Bank Ltd was a Commercial Bank that was acquired by Intercontinental bank and now ACCESS Bank.
Gateway Savings and Loan Metamorphsized to Gateway Mortgage Bank
You can transfer to any account in GMB through NIBSS from any commercial bank.
No direct license from the CBN to Mortgage Banks and the process involves three parties.
No, Just within 2 weeks.
Yes, because it is made compulsory by law.
Yes, because it is regulated by the CBN, NDIC and CAC.
Yes with adequate Security.
Yes from different developers that partner with us.
Please check our website: www.gatewaymortgagebankng.com
Yes. ATM CARD; MOBILE APP, Inter-bank Transfer etc.
Yes. Our Cheque is issued by Commercial Bank, and it goes through clearing.
Yes. GMB is under the control of the CBN.
For Ogun State Civil Servant is 18%, while other is 24% but negotiable.
Yes. We do give our Customers alert for all transactions.
Yes. GMB has accessed 8 batches of NHF for the Civil Servant of Ogun State and Private Individuals.
Yes. On behalf of our customers who are Estate Developers.
Yes. We are an accredited Mortgage Bank by the Federal Mortgage Bank of Nigeria (FMBN).
GMB is a Mortgage Bank and we carry out all banking transactions except Foreign Exchange.
Yes. We take deposit into different customer’s accounts.
Our Offices are located at:
Head Office:Â Plots 10 & 11 Aderupoko Drive Ibara Housing Estate,
Branch Office:Â KLM 5, Idi- Iroko Road Sango Ota, Ogun State.
Branch Office:Â 09 Junction, Osholewa Street, Mowe Branch, Ogun State.
Branch Office:Â Opposite St. John Anglicn Church, Akarigbo Road, Ijokun, Sagamu
Ogun State.
When GMB gives Loan, we consider the ability of our Customer without Stress, and affordability to determine amount of loans obtainable.
Our present Interest rate compare to other banks is lower.
If our customer meets conditions for loan, GMB does not delay.
Interest on deposit with GMB is tied to products. There are products that can earn higher interest.
We walk our talk.
We have different products that we can offer you without coming to our branches.
What you can borrow depends on your ability to repay and affordability.
The Deductions is for National Housing Fund (NHF) of Federal Mortgage Bank of Nigeria made compulsory by law.
You can collect it back by filing a form after retirement with any Primary Mortgage Bank (PMB).
There is Benefit if you are a contributor, you have the right to obtain loan for building, buying or renovation.
The conditions can be met if you go through our bank (GMB).
As long as you are going to pay back, your property will be released on payment.
Network failure which is not controlled by us.
Yes, But with a good turnover.
Yes, because it is regulated by the CBN, NDIC and CAC.
Yes. But with letter of Commitment.
No, because all documents for Opening accounts are made compulsory by the CBN.
Signing of all Cheques is applicable to all bank as required by Law.
Because of Network.