Gateway Bank FSB announced that it expects to receive $12,000,000 in funding on September 26, 2012. The company will issue common shares in the transaction pursuant to Regulation D. The company will accept minimum investment of $100,000 from any outside investor.

In June 2013, Gateway Bank FSB closed the transaction. The company received $8,100,000 in funding from new and existing investors. The company received 40% of the funding from new investors.