Please be aware the branch and contact centre will be closed for the Australia Day public holiday on Tuesday, 26 January. Telephone and Online Banking will be operating as usual.
The cap applies per person and per Authorised Deposit-taking Institution. For example, if you have $250,000 with Gateway Bank and $250,000 with another bank or credit union, then both of your deposits are guaranteed. In the case of joint accounts, each account holder is entitled to an individual guarantee of up to $250,000.
At Gateway Bank, we are regulated by the Australian Prudential Regulatory Authority (APRA), like the big banks. Gateway Bank has operated securely for more than 50 years, meaning you can feel comfortable knowing that your deposits are protected with the Government Deposit Guarantee. The Government Deposit Guarantee applies to all our savings products, including: