Who Our Company Is
Through our divisions, Our company is a advisor that is trusted our lovers and consumers providing revolutionary solutions when you look at the areas we provide. Our objective is ingrained in everything we do.
We’re a frontrunner in supplying economic approaches to clients and companies in underserved, niche markets. We rely on economic addition for many.
We provide people that tend to be over looked by old-fashioned banking institutions. We genuinely believe that everybody else deserves to own usage of the sorts 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 services and products act as a transaction that is primary for all underbanked clients. Our services and products provide use of the monetary system and provide exact exact exact same sorts of features, functionality, and security as conventional banking items.
Our funding assists business owners develop their fantasies through the walk out, assists company in times during the development in addition to 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 easy online payday loans in California assistance, assisting them which will make sound economic choices.
MetaBank ended up being launched on a really premise that is simple take care of our workers and clients. For a February early morning in Storm Lake, Iowa in 1954, Stanley Haahr launched the doorways with absolutely nothing significantly more than a desk, a money field and a lent vault. The field of banking changed a great deal since that time, but we you will need to always hang on to StanleyвЂ™s easy credo of using care of people. Doing the right thing. ItвЂ™s whom our company is and that which we do.
In 2004, prepaid industry frontrunner Brad Hanson approached previous MetaBank CEO Tyler Haahr with a eyesight for a fresh types of bank. Together, the Meta was created by them Payment Systems unit. In several brief years, we became a premier collaborator with market-leading lovers and something of this top card providers within the industry that is prepaid. We continue steadily to push the forefront of re re re payments even as we concentrate on prepaid cards, charge cards, electronic funds transfer and ATM sponsorship.
2014 marked the start of an active mergers and 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 a fresh chapter in our history utilizing the purchase of Refund Advantage. Our taxation unit provides interest-free reimbursement improvements and income tax refund-transfer solutions. It provides a circulation channel for the other solutions.
We proceeded to purchase the income tax industry with two acquisitions in 2016: EPS Financial in and Specialty Consumer Services in December november. Both of these purchases offered expanded visibility when you look at the income tax room. Included in these are income tax refund-transfer solutions, interest-free reimbursement advance loans and electronic return originator loans.
Lately, in 2018, we completed our acquisition of Crestmark Bancorp, Inc. and Crestmark Bank august. This purchase expanded the scale and reach of this business into supplying business-to-business financing that is commercial such as for example asset-based lending, factoring, gear funding and renting, in addition to SBA/USDA financing. These initiatives offer a great chance for future growth.
The thing that makes us various? A couple of things: driving innovation and leading modification. WeвЂ™re passionate about monetary success for many individuals utilizing innovative and revolutionary services and products and solutions. just 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.