Gateway First Bank, headquartered in Jenks, OK, is expanding its regional footprint with a new agreement to acquire Colonial Savings, a respected Texas-based bank with decades of experience in community banking and mortgage services.
The acquisition marks a strategic push for the Oklahoma-based institution as it expands out of state. Founded originally as a mortgage company, Gateway First Bank has consistently grown its operations to become a full-service banking institution.
The integration of Colonial Savings will allow Gateway First Bank to broaden its community banking services and mortgage lending capabilities across state lines…