1st Gateway Credit Union

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A short history of 1st Gateway CU

Since its inception in 1953 the 1st Gateway Credit Union has been serving its members in the CAMANCHE, Iowa area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Pat Drennen, the 1st Gateway CU has grown its membership to over 10,192 with assets of more than $136,874,929. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (563) 243-4121 or email them at eservices@1stgateway.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CAMANCHE, IA.

General Information For 1st Gateway CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 63124
Address PO BOX 110 
State Iowa 
Zip-Code 52730
Phone Number (563) 243-4121
Fax Number () -
Email Address: eservices@1stgateway.org
CEO/President Pat Drennen
Members 10,192 
Full-Time Employees 41 
Part-Time Employees
Number of Branch Offices
Total Assets 136,874,929 
Website http://www.1stgateway.org 

Compare 1st Gateway Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Aegis CU Clinton 1200 N 2nd St 52732 (563) 242-0531 No 9.69
R.i.a. CU 6 1024 N Superior Ave 54660 (608) 372-9277 No 17.18
Bent River Community CU Bent River Community Credit Union 709 E 46th St 52807 (563) 391-2850 No 18.42
M. A. Ford Employees CU M. A. Ford Mfg 7737 Northwest Blvd 52808 (563) 391-6220 No 18.91
The Family CU Rockingham 1400 Rockingham Rd 52802 (563) 324-0415 No 19.20

1st Gateway Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

1st Gateway Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 2.99 3.54 4.50 5.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 145 152 205 317
Rank Among All Iowa Credit Unions N/A 21 16 28 41

1st Gateway Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.20 0.30 0.70 0.90 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 102 88 36 190 192
Rank Among All Iowa Credit Unions 10 14 7 22 22
1st Gateway Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 8.0006933,410,037
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.99069412,783,851
Used Vehicle Loans 3.5403,46030,519,480
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.50076456,664,145
Total Other Real Estate Loans/Lines of Credit 5.7501222,781,132
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.0004185,544,473
TOTAL LOANS & LEASES 6,151111,703,118

1st Gateway Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 1817,448,616171,059,435
    a. > 15 years 51742,915,644363,765,210
    b. 15 Years or less 514,215,3231225,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 152,084,5622245,000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1222,781,13215497,899
Open-End Fixed Rate 0000
TOTALS 88659,445,277715,792,544


Interest Only & Payment Option 1st Mortgage Loans 101,301,397470,000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

1st Gateway Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes