Whom Our Company Is
Through our divisions, Our company is a advisor that is trusted our lovers and customers supplying revolutionary solutions into the areas we provide. Our objective is ingrained in everything we do.
We’re a frontrunner in providing solutions that are financial clients and companies in underserved, niche markets. We have confidence in economic inclusion for several.
We provide people that tend to be over looked by conventional banks. We think that everybody else deserves to own use of the type of financial loans that a lot of individuals ignore. Our company is a frontrunner in supplying individuals that are lower-income to financial loans and solutions. From grocery time to payday to tax day, our items act as a transaction that is primary for a lot of underbanked clients. Our items provide usage of the economic system and provide exact exact exact same types of features, functionality, and security as old-fashioned banking items.
Our funding assists business owners develop their fantasies from the walk out, assists company in times during the development plus the https://getbadcreditloan.com/payday-loans-ne/ years that follow, and navigate through turbulent times. As well as assisting customers, our workers are active volunteers in the neighborhood and show economic literacy to grownups and families in need of assistance, assisting them to produce sound economic choices.
Origins
MetaBank had been started on a tremendously easy premise: take care of our employees and clients. A cash box and a borrowed vault on a February morning in Storm Lake, Iowa in 1954, Stanley Haahr opened the doors with nothing more than a desk. The entire world of banking changed a great deal ever since then, but we make an effort to always hold on tight to Stanley’s credo that is simple of care of individuals. Doing the right thing. It is whom we have been and everything we do.
In 2004, prepaid industry frontrunner Brad Hanson approached MetaBank that is former CEO Haahr with a eyesight for a brand new form of bank. Together, the Meta was created by them Payment Systems unit. In some brief years, we became a high collaborator with market-leading lovers plus one associated with the top credit card providers into the industry that is prepaid. We continue steadily to push the forefront of re re payments even as we consider prepaid cards, charge cards, electronic funds transfer and ATM sponsorship.
Expansion
2014 marked the start of an active mergers and purchase duration. We acquired AFS/IBEX in 2014 december. This purchase marked the entry of MetaBank to the insurance coverage premium finance industry. Our strategy would be to particularly develop our loan profile by leveraging the low-cost deposits introduced by the prepaid unit.
The acquisition that is next 11 months later in September 2015. We joined a brand new chapter in the acquisition to our history of Refund Advantage. Our taxation unit provides interest-free reimbursement improvements and taxation refund-transfer solutions. Moreover it supplies a circulation channel for the other solutions.
We proceeded to purchase the income tax industry with two purchases in 2016: EPS Financial in and Specialty Consumer Services in December november. Those two purchases supplied expanded publicity into the income tax room. These generally include income tax refund-transfer solutions, interest-free reimbursement advance loans and electronic return originator loans.
Of late, in August 2018, we finished our acquisition 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 example asset-based lending, factoring, gear funding and leasing, along with SBA/USDA lending. These initiatives supply a great window of opportunity for future development.
Synergy
The thing that makes us various? A few things: driving innovation and change that is leading. We’re passionate about economic success for many individuals making use of imaginative and revolutionary solutions and products and services. Just just exactly just What started being a $10,000 investment in 1954 has developed up to a complex monetary ecosystem whoever goal is economic addition for several.