- MetaBank
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MetaBank is a savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc. (NASDAQ: CASH), is the holding company for MetaBank, Meta Payment Systems, and Meta Trust Company®. The Meta Payment Systems (MPS) division of MetaBank based in Sioux Falls, South Dakota, is engaged in the prepaid card industry and provides payment solutions delivered nationally in collaboration with other partners. MPS focuses on offering product solutions in the following areas: (i) prepaid cards, (ii) credit cards and lending solutions, and (iii) ATM sponsorship.
In 2010, MetaBank was ordered by the federal government to stop use of their pre-paid debit cards, as they had been engaging in deceptive trade practices.[1]
In 2010, the bank supplied credit cards used by 14 suspects of the killing of Mahmoud al-Mabhouh in Dubai.[2][3]
References
- ^ "Bank Regulators Shut Down MetaBank Payday Loans - ABC News". Abcnews.go.com. 2010-10-14. http://abcnews.go.com/Business/wireStory?id=11885473. Retrieved 2011-02-23.
- ^ "Dubai identifies 15 new suspects in Hamas killing". BBC News. 2010-02-24. http://news.bbc.co.uk/2/hi/in_depth/8534303.stm. Retrieved 2011-02-23.
- ^ "Cable Viewer". Wikileaks.ch. http://wikileaks.ch/cable/2010/02/10ABUDHABI103.html. Retrieved 2011-02-23.
External links
Categories:- Companies listed on NASDAQ
- Banks based in Iowa
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