Through our divisions, Our company is a trusted consultant to our lovers and customers supplying revolutionary solutions when you look at the areas we provide. Our objective is ingrained in everything we do.
We have been a frontrunner in supplying economic answers to clients and organizations in underserved, niche markets. We rely on economic addition for several.
We provide people that tend to be ignored by old-fashioned banking institutions. We think that every person deserves to possess use of the style of lending options that a lot of individuals ignore. We have been a frontrunner in online payday AR providing lower-income people access to financial loans and solutions. From grocery day to payday to tax day, our services and products act as a transaction that is primary for most underbanked clients. Our services and products provide use of the economic system and provide the exact same type of features, functionality, and security as old-fashioned 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 in addition to full 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 create sound economic choices.
MetaBank had been created on a tremendously premise that is simple take care of our workers and clients. On a February early morning in Storm Lake, Iowa in 1954, Stanley Haahr exposed the doorways with absolutely nothing a lot more than a desk, a money field and a lent vault. The entire world of banking changed a whole lot since that time, but we make an effort to always hang on to StanleyвЂ™s credo that is simple of proper care of individuals. Doing the thing that is right. It is whom our company is and that which we do.
In 2004, prepaid industry frontrunner Brad Hanson approached previous MetaBank CEO Tyler Haahr having a vision for a brand new variety of bank. Together, they developed the Meta Payment Systems unit. In a couple of quick years, we became a high collaborator with market-leading lovers and another regarding the top card providers when you look at the prepaid industry. We continue steadily to push the forefront of re re payments even as we concentrate on prepaid cards, charge cards, electronic funds transfer and ATM sponsorship.
2014 marked the beginning of an mergers that are active purchase duration. We acquired AFS/IBEX in 2014 december. 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 division that is prepaid.
The next purchase arrived 11 months later on in September 2015. We joined an innovative new chapter in the acquisition to our history of Refund Advantage. Our taxation unit provides refund that is interest-free and tax refund-transfer solutions. 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. Both of these purchases supplied expanded visibility within the income tax space. These generally include income tax refund-transfer solutions, interest-free reimbursement advance loans and electronic return originator loans.
Of late, in 2018, we completed our acquisition of Crestmark Bancorp, Inc. and Crestmark Bank august. This purchase expanded the scale and reach associated with business into supplying business-to-business financing that is commercial such as for example asset-based lending, factoring, equipment funding and renting, in addition to SBA/USDA financing. These initiatives provide a opportunity that is great future development.
Why is us various? Two things: driving innovation and leading modification. WeвЂ™re passionate about economic success for many individuals making use of imaginative and products that are innovative services. Exactly exactly exactly What began as being a $10,000 investment in 1954 has developed to a complex ecosystem that is financial objective is economic addition for several.