Pathward
Pathward (previously known as MetaBank) Pathward, N.A., is a U.S.-based financial empowerment company driven by its purpose to power financial inclusion. Pathward strives to increase financial availability, choice and opportunity across our Banking as a Service and Commercial Finance business lines. The strategic business lines provide end-to-end support to individuals and businesses.
| Formerly | Meta Financial Group, Inc. |
|---|---|
| Company type | Public company |
| Industry | Financial services |
| Founded | 1954 in Storm Lake, Iowa, U.S. Incorporated in Delaware on June 14, 1993 |
| Founder | Stanley H. Haahr |
| Headquarters | Sioux Falls, South Dakota, U.S. |
Area served | Nationwide |
Key people | Brad Hanson (President & CEO) Glen W. Herrick (Executive VP & CFO) |
| Products | Consumer banking Commercial banking Credit cards Finance & Insurance Mortgage loans Prepaid cards ATM sponsorship ACH origination |
| Revenue | US$254.81 million (FY SEP 30 2017) |
| US$55.15 million (FY SEP 30 2017) | |
| US$44.92 million (FY SEP 30 2017) | |
| Total assets | US$5.23 billion (FY SEP 30 2017) |
| Total equity | US$434.50 million (FY SEP 30 2017) |
Number of employees | 827 (FY SEP 30 2017) |
| Website | www |
| Footnotes / references | |
Pathward issued debit cards of up to $600 sent to millions of Americans as part of the second round of COVID-19 Economic Impact Payments in January 2021. MetaBank acted as the U.S. Treasury's "financial agent" for this purpose.
The bank changed its name in 2022 when Meta Financial Group sold its "Meta" trademark to Meta Platforms.
Pathward is a Member of the Federal Deposit Insurance Corporation. The bank operates in several segments within the Banking and Payments industries: Pathward, its traditional retail banking operation; Pathward Payment Systems, its electronic payments division; AFS/IBEX, its insurance premium financing division; and Refund Advantage, EPS Financial and Specialty Consumer Services, its tax-related financial solutions divisions.