Government Guarantee

The Australian Government has guaranteed deposits of up to $250,000 in Authorised Deposit-taking Institutions (ADIs). 


Gateway Bank is an Authorised Deposit-taking Institution (ADI), just like the big banks and other customer owned banks and credit unions. This means that your money is guaranteed in the extremely unlikely event that anything happen to Gateway Bank.

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: