Tuesday, August 25, 2015

Meta Financial Group, Inc.: Offering an Array of Financial Services

Registered as a financial holding company, Meta Financial Group, Inc. operates through its banking subsidiary, MetaBank. The company offers a wide range of financial services that are not only to address the depository and lending activities of the community it thrives in, but also to provide financial solutions on a national scale.

MetaBank continues to operate through its three business units: MetaBank, Meta Payment Systems and AFS/IBEX. The business is headquartered in Sioux Falls, South Dakota. The majority of its banking segment focuses on the communities within the state and in Iowa. It remains publicly traded on the NASDAQ Global Market with common stocks being marketed using the ticker symbol CASH. Reportedly, the company’s deposit portfolio is estimated to be around $1.1 billion.

MetaBank is the banking subsidiary of the company. It continues to operate 10 retail branches across the state and offers customary depository and lending products. The business puts a strong focus on helping out small and medium-sized enterprises. It provides tailored financial services to these start-up ventures and to individual depositors across the state. It has four market focus: Sioux Falls and Brookings, South Dakota and in Central and Storm Lake, Iowa. Meta Payment Systems (MPS) offers the nation with its payment solutions. It is one of the trusted names in the prepaid car industry and continues to collaborate with some of the leading names in the industry. Its solutions are focused on the arena of ATM sponsorship, credit products, prepaid cards and electronic funds transfer. Through AFS/IBEX, business partners are able to receive financing services so they purchase insurance for liability, casualty and property risks. It originates loans through their strong network of insurance agencies.

For years, the company has been recognized as one of the leaders in the industries it serves. It has received several accolades, the most recent being “one of the top 100 performing banks in the United States”.

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