MetaBank provides services that are financial towards the requirements of our clients.

MetaBank provides services that are financial towards the requirements of our clients.

Whom We Have Been

Through our divisions, Our company is a trusted consultant to our lovers and consumers supplying revolutionary solutions when you look at the areas we provide. Our objective is ingrained in everything we do.

We’re a frontrunner in supplying solutions that are financial clients and organizations in underserved, niche markets. We rely on economic addition for many.

We provide people who tend to be over looked by old-fashioned banking institutions. We genuinely believe that every person deserves to possess use of the sort of financial loans that a lot of individuals ignore. Our company is a frontrunner in supplying lower-income people access to financial loans and solutions. From grocery time to payday to tax day, our items act as a main deal account for most underbanked clients. Our items offer usage of the economic system and provide the exact exact same types of features, functionality, and security as conventional banking services and products.

Our funding assists business owners develop their hopes and dreams through the walk out, assists company in times during the development and also the full years that follow, and navigate through turbulent times. Along with assisting customers, our workers are active volunteers in the neighborhood and show literacy that is financial grownups and families in need of assistance, assisting them in order to make sound economic choices.

Origins

MetaBank ended up being launched on an extremely easy premise: take care of y our employees and clients. On a February early morning in Storm Lake, Iowa in 1954, Stanley Haahr launched the doorways with absolutely nothing a lot more than a desk, a money field and a lent vault. The field of banking changed a great deal since that time, but we make an effort to always hang on to Stanley’s simple credo of using proper care of individuals. Doing the right thing. It is whom our company is and everything we do.

In 2004, prepaid industry frontrunner Brad Hanson approached previous MetaBank CEO Tyler Haahr having a eyesight for a brand new style of bank. Together, the Meta was created by them Payment Systems unit. In some quick years, we became a premier collaborator with market-leading lovers and something of this top credit card providers within the industry that is prepaid. We continue steadily to push the forefront of payments even as we concentrate on prepaid cards, bank cards, electronic funds transfer and ATM sponsorship.

Expansion

2014 marked the start of an active mergers and purchase duration. We acquired AFS/IBEX in December 2014. The entry was marked by this acquisition of MetaBank in to the insurance coverage premium finance industry. Our strategy would be to especially develop our loan profile by leveraging the low-cost deposits introduced by the Mississippi online payday loans division that is prepaid.

The acquisition that is next 11 months later on in September 2015. We entered a unique chapter in our history with all the purchase of Refund Advantage. Our income tax unit provides refund that is interest-free and taxation refund-transfer solutions. Moreover it offers a circulation channel for the other solutions.

We proceeded to buy the taxation industry with two purchases in 2016: EPS Financial in and Specialty Consumer Services in December november. Those two acquisitions supplied expanded publicity into the taxation area. Included in these are income tax refund-transfer solutions, interest-free reimbursement advance loans and electronic return originator loans.

Lately, in August 2018, we finished our purchase of Crestmark Bancorp, Inc. and Crestmark Bank. This purchase expanded the scale and reach of this business into supplying business-to-business commercial funding, such as for instance asset-based lending, factoring, gear funding and leasing, along with SBA/USDA financing. These initiatives supply a great window of opportunity for future development.

Synergy

The thing that makes us various? A couple of things: driving innovation and leading modification. We’re passionate about economic success for many individuals making use of innovative and revolutionary solutions and products and solutions. exactly exactly What began being a $10,000 investment in 1954 has developed to a complex ecosystem that is financial objective is monetary addition for many.

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