Gateway First Bank CD

The 12 month CD

Our CD rates might sound a little crazy at First.

What can you do in
12 months?

A Certificate of Deposit (CD) is a secure way to store your cash and earn interest over time. With great rates and terms ranging from 6 to 60 months, we offer multiple options that can help you meet your goals.

12 month CD
Up to 0.50% APY

6 Month APY
Up to 0.35%

24 Month APY
Up to 0.60%

36 Month APY
Up to 0.65%

48 Month APY
Up to 0.70%

60 Month APY
Up to 0.75%

Sign up for rate updates

CD Term
(minimum $500)
Interest Rate Annual Percentage Yield Interest Rate Annual Percentage Yield
(under $25k) ($25k or more)
6 months 0.25% 0.25% 0.35% 0.35%
12 months 0.40% 0.40% 0.50% 0.50%
24 months 0.50% 0.50% 0.60% 0.60%
36 months 0.55% 0.55% 0.65% 0.65%
48 months 0.60% 0.60% 0.70% 0.70%
60 months 0.65% 0.65% 0.75% 0.75%
  • Annual Percentage Yields (APYs) accurate as of 04/06/2021
  • $500 or $25,000 minimum balance to earn stated APY. Click VIEW ALL RATES for details.
  • Interest Rates and APYs may not be available to brokers, dealers and financial institutions.
  • *The rates of our 6 month and 12 month CDs are more than 2x the national average published in the FDIC Weekly National Rates and Rate Caps as of April 1st, 2021
  • A penalty may be imposed for early withdrawal.
  • Consumer deposit accounts not available in the following states: Alaska, California, Georgia, Hawaii, Illinois, Maine, Massachusetts, Montana, New Hampshire, New York, Rhode Island, Vermont

Benefits of a CD

  • No fees and easy to open
  • Fixed rates up to 5x the national average *
  • Online banking access


What’s the minimum deposit amount to open my CD? What about the maximum deposit?

The minimum deposit is $500 but know that you may get a higher rate on your CD if you have a higher opening deposit. There is a $500,000 maximum limit when funding by ACH online.

Are there any fees to open or maintain my CD?

No, not one!

What’s the minimum term length for my CD? What about the maximum?

The minimum term is 6 months, while the maximum is 60 months. But we hope you choose to renew your CD with us!

Can I add funds to my CD after I’ve opened my account?

Unfortunately, no. Once you’ve funded your CD, you’ll have to wait until it matures to add more funds to your account. But with our low minimum-opening balance, you can open another CD!

Are there penalties if I want to withdraw from my CD early?

There may be penalties associated with early withdrawals from your CD account.

Is Gateway First Bank insured by the FDIC?

You bet! Gateway First Bank is a member of the FDIC. That means you can rest assured knowing each depositor at Gateway is insured up to at least $250,000.

How do I open my 12-month CD account?

Click this link for streamlined account opening. If you have questions, call 800-329-3371 and one of our ambassadors can assist you.

We look at how banking could be, not how it is.

Gateway First Bank was born from the legacy of a 100-year-old community bank, Farmers Exchange Bank, and one of the top mortgage companies in the nation, Gateway Mortgage Group. This 2019 merger created a new kind of financial institution – one that thrives on entrepreneurial spirit and offers personalized financial services and expertise to our customers, employees, and partners.

Through providing purposeful tools, resources, services, and one-on-one guidance, we can help everyone in our communities achieve success as they define it. Whether our customers are looking to buy a home, build a nest egg, start a small business, or grow their wealth, Gateway offers banking solutions and the convenience of technology that allows customers to bank when and where they choose. Sometimes this means rolling up our sleeves and chasing down the answer or working together to find the right product. Whatever it takes. We get it done.

Our word means nothing if we don’t deliver. When we promise to give back to communities, we make sure we not only come through, but come through in a way we can measure. Year-over-year, our financial and volunteer commitment to local, national, and global communities grows with our business. Through the Gateway Gives Back program, we plan to invest $275 million of financing by 2022 in underrepresented communities, low to moderate income communities, and non-profit organizations that support community development. This program defines the heart of who we are, because we believe the only way to build something remarkable is together.

We look at what banking could be, not what it is. By putting people at the center of everything we do, we are able to be a positive force in people’s lives by offering personalized financial services and expertise.

Gateway at a Glance

Total Assets ¹ $1,498 MM
Tier 1 Capital ¹ $137 MM
Tier 1 Risk Based Capital Ratio ¹ 17.9%
Tier 1 Leverage Ratio ¹ 11.1%
  • ¹ Based on the Call Report filed by Gateway First Bank with the Federal Reserve Bank as of December 31, 2019.

Gateway First Headquarters


244 South Gateway Place  Jenks, OK 74037-3448

Lobby Hours: 9am-4pm M-F

Need help setting up your account?

Have questions? Need help selecting the right account? No problem! Give us a call at 800.329.3371 or email and one of our ambassadors can assist you.

244 South Gateway Place
Jenks, OK 74037-3448

Lobby Hours: 9am-4pm M-F


419 S. Grand / P.O. BOX 267
Cherokee, OK 73728


111 E. Grand / P.O. BOX 528
Tonkawa, OK 74653


220 N. Main / P.O. BOX 257
Helena, OK 73741


1716 Main / P.O. BOX 7
Wakita, OK 73771


107 S. Main / P.O. BOX 189
Nash, OK 73761

Impressively high CD rates.
Historically low mortgage rates.
All in one place.

Our CD rates might sound a little crazy at First.
Member FDIC. Equal Housing Lender NMLS 7233
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