Gateway Bank, F.S.B. Announces Completion of $16.1 Million Private Placement of Common Shares

OAKLAND, Calif., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Gateway Bank, F.S.B. (OTCPK: GWBK) (“the Bank”) today announced the successful completion of a private placement of $16.1 million of the Bank’s common stock to certain institutional and accredited investors. Proceeds will be deployed to strengthen regulatory capital ratios while also supporting both organic growth and strategic expansion into new markets across the Bay Area. “This capital raise is a testament to the strength of our bank and the dedication o ...