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314-621-4575
1001 Pine St
Saint Louis, MO 63101

Gateway Metro Federal Credit Union is headquartered in Swansea and is the 14st largest credit union in the state of Illinois. It is also the 1,015st largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 57 employees and 15,508 members. Gateway Metro Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to anyone who lives, works, worships or attends school in the City of St. Louis, St. Louis County and St. Charles County. Family members (related by blood or marriage) are eligible to join, regardless of where they live. Membership requires maintaining a minimum $5 balance in your share savings account. - See Details

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Reviews (1)

HORRIBLE CUSTOMER SERVICE

I HAVE BEEN A MEMBER OF THIS CREDIT UNION SINCE 2004. I HAVE ALWAYS MADE TIMELY PAYMENTS. THE CREDIT UNION DID NOT APPLY 2 OF MY PAYMENTS TO MY ACCOUNT, HAVE REPORTED MY ACCOUNT AS DELINQUENT WITH THE CREDIT BUREAUS. I WAS TOLD BY A MANAGER THAT THIS WAS THEIR MISTAKE, THAT I WOULD RECEIVE A LETTER IN THE MAIL, THAT MY ACCOUNT WAS CORRECTED, THAT MY PAYMENTS WERE PROPERLY CREDITED TOWARDS MY ACCOUNT. INSTEAD I RECEIVED A LETTER THAT MY VEHICLE IS GOING TO BE REPOSSESSED UNLESS THEY RECEIVE THE PAST DUE BALANCE. I HAVE PAID MY ACCOUNT IN FULL FOR THE MONTHS THEY ARE SAYING THEY DID NOT RECEIVE PAYMENT. THE CHECKS HAVE BEEN CASHED BY THE CREDIT UNION. THE CREDIT UNION WANTS ME TO GET COPIES OF THE CASHED CHECKS BECAUSE THEY HAVE NO RECORD OF RECEIPT OF PAYMENT. I WILL BE PURSUING LEGAL ACTION FOR THEIR POOR CUSTOMER SERVICE.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Gateway Metro Federal Credit Union had $1.03 million in non-current loans and owned real-estate with $15.46 million in equity and loan loss allowances on hand to cover it. This gives Gateway Metro Federal Credit Union a Texas Ratio of 6.70% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Gateway Metro Federal Credit Union experienced no significant changes from 3.69% as of March 31, 2013 to 6.70% as of March 31, 2014, resulting in a negative change of 81.57%. This indicates that the balance sheet and financial strength for Gateway Metro Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Gateway Metro Federal Credit Union has decreased its total deposits by $-3,000, resulting in 0% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Gateway Metro Federal Credit Union has shown is average.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Gateway Metro Federal Credit Union has $178.93 million in assets with $15.46 million in equity, resulting in a capitalization level of 8.64%, which is average.

Institution Statistics

Overall
NCUA #24797
Year Chartered1935
Employees57
Primary Regulator
Assets and Liabilities
Assets$178.93 million
Loans$124.66 million
Deposits$163.38 million
Equity Capital$14.86 million
Loan Loss Allowance$594,000
Unbacked Noncurrent Loans$1.04 million
Real Estate Owned$0
Historic Data - March 2013
Assets$180.21 million
Equity Capital$15.85 million
Loan Loss Allowance$471,000
Unbacked Noncurrent Loans$1.04 million
Real Estate Owned$75,000
Profit Margin - Quarterly
Return on Assets0.06%
Return on Equity0.75%
Interest Income$1.35 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Gateway Metro Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Gateway Metro Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.40%--IRA Contributory
0.35%--Health Savings Account
0.15%$101-General Share
0.05%--Holiday Club

Gateway Metro Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$100k-Gateway Money Market Fund Account

Gateway Metro Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
6.02%-$1,500E*Hanced Checking - Qualifying
0.20%$1,500-Priority III
0.10%$500-Priority II

Gateway Metro Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.05%$1k-72 Month Share Certificate
2.05%$100-72 Month Youth Share Certificate
1.75%$1k-60 Month Share Certificate
1.75%$100-60 Month Youth Share Certificate
1.50%$1k-48 Month Share Certificate
1.50%$100-48 Month Youth Share Certificate
0.95%$1k-HSA 3 Year Certificate
0.95%$1k-36 Month Share Certificate
0.95%$100-36 Month Youth Share Certificate
0.70%$1k-HSA 2 Year Certificate
0.70%$1k-24 Month Share Certificate
0.70%$100-24 Month Youth Share Certificate
0.50%$1k-18 Month Share Certificate
0.50%$100-18 Month Youth Share Certificate
0.40%$1k-HSA 1 Year Certificate
0.40%$1k-12 Month Share Certificate
0.40%$100-12 Month Youth Share Certificate
0.25%$1k-6 Month Share Certificate
0.25%$100-6 Month Youth Share Certificate
0.15%$1k-3 Month Share Certificate
0.15%$100-3 Month Youth Share Certificate

Gateway Metro Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.05%$1k-72 Month IRA Share Certificate
1.75%$1k-60 Month IRA Share Certificate
1.50%$1k-48 Month IRA Share Certificate
0.95%$1k-36 Month IRA Share Certificate
0.70%$1k-24 Month IRA Share Certificate
0.50%$1k-18 Month IRA Share Certificate
0.40%$1k-12 Month IRA Share Certificate
0.25%$1k-6 Month IRA Share Certificate
0.15%$1k-3 Month IRA Share Certificate
Locations


Gateway Metro Federal Credit Union Locations
Branch Office4566 Lemay Ferry RdSaint Louis, MO 63129
Branch Office2693 N Illinois StSwansea, IL 62226
Branch Office4300 Goodfellow BlvdSaint Louis, MO 63120
Branch Office35 Grasso PlzSaint Louis, MO 63123-3107
Branch Office2129 Charbonier RdFlorissant, MO 63031-5500
Branch Office273 Centre Pointe DrSaint Peters, MO 63376
Branch Office2155 Barrett Station RdSaint Louis, MO 63131
Branch Office909 Chestnut StSaint Louis, MO 63101
Branch Office1001 Pine StSaint Louis, MO 63101
Branch Office1222 Spruce StSaint Louis, MO 63103