MetaBank Announces Name Change to Pathward
March 29 2022 - 4:15PM
Business Wire
The Pathward name represents the company's
commitment to helping individuals and small and medium sized
businesses access financial services that promote economic
mobility
MetaBank®, N.A., an industry leading financial empowerment
company, today announced it is changing its name to Pathward, N.A.
To unite the company under a single identity following a series of
strategic acquisitions, MetaBank initiated a brand strategy review
last year. The new name, Pathward, is born out of the company’s
purpose to power financial inclusion for all and its commitment to
providing a path forward to people and businesses so they can reach
the next stage of their financial journey.
The company will make certain changes immediately and fully
transition to Pathward by the end of this calendar year, including
the launch of a new brand identity and website. The company will
continue to serve its customers under existing brand names during
the transition.
“Expanding financial access is too complex and important to be a
part-time activity, which is why we’ve made financial inclusion for
all the heart of everything we do,” said Brett Pharr, CEO of
MetaBank. “Pathward signals our commitment to removing barriers
that prevent millions of Americans from achieving access to the
financial system. Our new name serves as a constant reminder of the
importance of creating a path forward for the unbanked,
underbanked, and underserved to help them achieve economic
mobility.”
Meta Financial Group, Inc., MetaBank’s public holding company,
will also be changing its name to Pathward Financial, Inc. by the
end of this calendar year.
A leader in banking-as-a-service, the company works to advance
financial inclusion by disrupting traditional banking norms.
Through its national bank charter, coordination with regulators,
and understanding of risk mitigation and compliance, the company
guides its partners and delivers financial products, services and
funding to the people and businesses who need them most.
For more information, please visit www.metabank.com.
Forward Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements reflect our current views with
respect to, among other things, future events, including those
relating to the timing of the name changes of Meta Financial and
Meta Bank. These statements are often, but not always, made through
the use of words or phrases such as “may,” “might,” “should,”
“could,” “predict,” “potential,” “believe,” “expect,” “continue,”
“will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,”
“projection,” “would,” “annualized” and “outlook,” or the negative
version of those words or other comparable words or phrases of a
future or forward-looking nature. Accordingly, we caution you that
any such forward-looking statements are not guarantees of future
performance and are subject to risks, assumptions, estimates and
uncertainties that are difficult to predict. Although we believe
that the expectations reflected in these forward-looking statements
are reasonable as of the date made, actual results may prove to be
materially different from the results expressed or implied by the
forward-looking statements as a result of various risks,
uncertainties and other factors. For a discussion of some of the
risks and important factors that could affect our future results
and financial condition, see our U.S. Securities and Exchange
Commission filings, including, but not limited to, our Annual
Report on Form 10-K for the fiscal year ended September 30, 2021.
Meta Financial expressly disclaims any intent or obligation to
update any forward-looking statements, whether written or oral,
that may be made from time to time by or on behalf of Meta
Financial or its subsidiaries, whether as a result of new
information, changed circumstances or future events, or for any
other reason.
About MetaBank®
MetaBank®, N.A., a national bank, is a subsidiary of Meta
Financial Group, Inc.® (Nasdaq: CASH). MetaBank is a U.S.-based
financial empowerment company driven by its purpose to power
financial inclusion for all®. MetaBank strives to increase
financial availability, choice, and opportunity across its
strategic service lines including Payments, Commercial Finance, and
Consumer Solutions, which is comprised of tax services and consumer
lending. These solutions are seamlessly integrated to provide the
end-to-end support to the individuals and businesses who are
powering the everyone economy.
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version on businesswire.com: https://www.businesswire.com/news/home/20220329005901/en/
Media Relations Contact Courtney Heidelberg
mediarelations@metabank.com
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