Bank · FDIC insured
Gateway Bank
A $319.5M bank headquartered in Mendota Heights, MN, with 2 branches in Minnesota. Best rates: CDs 4.00% and savings 0.25% APY.
Gateway Bank Carrot Score
71
Carrot Score
Higher than 28% of U.S. banks and credit unions
#63 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Gateway Bank
Gateway Bank is a Mendota Heights-based community bank founded in 2004.
- Headquarters
- 745 Market St, Mendota Heights, MN 55118
- FDIC certificate
- 57644 ↗
Branches
2 branches in Minnesota
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Minnesota
2 branches
- Gateway BankMain office745 Market St, Mendota Heights, MN 55118Directions
- Edina Branch4530 France Ave S, Edina, MN 55410Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.39% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.36% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $84 | $81 | — |
- CapitalLeverage ratio8.39%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.36%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$84Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Gateway Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.