San Angelo, TX, Nov. 5, 2019 – Gateway Mortgage Group, a division of Gateway First Bank, presented a check to Folds of Honor for $12,470 today at the Bentwood Country Club. Destiny Brown, Folds of Honor scholarship recipient, attended the ceremony and accepted the donation on behalf of the organization.
Gateway is committed to donating $5 for every mortgage loan closed through its retail locations to Folds of Honor to be used for educational scholarships to the families of military men and women who have fallen or been disabled while on active duty in the United States armed forces.
“Gateway is founded on the core value of being passionate about strengthening families,” said Rob Wiggins, regional vice president. “We are proud to partner and serve with an organization that does so much for our country’s veterans and their families who have made the ultimate sacrifice while protecting our freedoms.”
In 2019, Gateway First has already originated more than $5.5 billion in mortgage loans putting the company on pace to increase from 2018. Last year was the previous record-holding year, with total production reaching more than $6.1 billion. Gateway First expects 2019 annual loan volume to exceed $7 billion, which would be the best production year on record for the company.
About Folds of Honor
Folds of Honor is a 501(C)(3) nonprofit organization, rated a four-star charity by Charity Navigator and platinum on GuideStar, that provides educational scholarships to the families of military men and women who have fallen or been disabled while on active duty in the United States armed forces. Our educational scholarships support private education tuition and tutoring for children in grades K-12, as well as higher education tuition assistance for spouses and dependents.
Founded in 2007 by Major Dan Rooney, a PGA Professional and F-16 fighter pilot in the Air Force Reserves who served three tours of duty in Iraq, the Folds of Honor is proud to have awarded nearly 20,000 scholarships in all 50 states and some US territories, including approximately 4,000 in 2018 alone. For more information or to donate in support of a Folds of Honor scholarship, please visit foldsofhonor.org.
Folds of Honor had more than 700 qualified applicants they were not able to award in 2018 totaling at least 3.5 million dollars in scholarship requests.
About Gateway First Bank
Established in 2019, after the merger of Gateway Mortgage Group with a 100-year old bank, Gateway First Bank merged as a diversified financial institution that provides digital banking and mortgage services for consumers and commercial customers. Gateway is headquartered in Jenks, Oklahoma and maintains $1.4 billion in assets, six branches in Oklahoma, and 160 mortgage centers licensed in 40 states and the District of Columbia. With over 1,300 employees across the country, Gateway is one of the largest banks in the State of Oklahoma and one of the largest banking and mortgage operations in the United States. Learn more at www.GatewayFirst.com. Member FDIC, Equal Housing Lender (NMLS 7233).