Gateway Metro Federal Credit Union

By Chip Filson | Aug. 25, 2011

Credit unions could use a dividend payment from the over-reserved share insurance fund to improve their balance sheets, make more loans, and help members in need.

By My Credit Union | Nov. 24, 2003

Gateway Metro Credit Union of St. Louis, Mo., was becoming a victim of its own success. Gateway's highly successful indirect auto lending program had resulted in 54.5 percent total share growth from 2000 to 2003. But that 18 percent annualized growth was creating a strain on the balance sheet.