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Meta Financial Group, Inc.

Meta Financial Group, Inc.

Sector: Savings Institutions Federally Chartered Region: SD, United States


: | Nasdaq: CASH


Meta Financial Group, Inc. operates as a financial holding company for Meta Bank, which provides savings and loan services. It offers both personal and business banking services, including checking, savings, CDs, loans, debit cards, credit cards, retirement planning and trust services. Its operations include attracting retail deposits from the general public and investing those funds primarily in one-to four-family residential mortgage loans, commercial and multi-family real estate, agricultural operations and real estate, construction, and consumer and commercial business loans primarily in the bank's market areas. The company operates through two segments: Retail Banking and Meta Payment Systems. The Retail Banking segment consists of its banking subsidiary, the Bank, which operates as a traditional community bank providing deposit, loan and other related products to individuals and small businesses. The Meta Payment Systems segment operates as a division of the Bank, which provides a number of products and services to financial institutions and other businesses. These products and services include issuance of prepaid debit cards, sponsorship of ATMs into the debit networks, credit programs, ACH origination services, gift card programs, rebate programs, travel programs and tax related programs. The company was founded on September 20, 1993 and is headquartered in Sioux Falls, SD.

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