[15] In 2014, MetaBank announced the acquisition of AFS/IBEX Financial Services Inc., an insurance premium financing company based in Dallas, Texas.
[16][17] MetaBank announced the acquisition of Refund Advantage, a tax refund-transfer software company based in Louisville, Kentucky, in 2015.
[18] In 2016, MetaBank announced two acquisitions: EPS Financial in November and Specialty Consumer Services (SCS) in December.
They are headquartered in Easton, Pennsylvania[21] SCS provides consumer tax advance services through its underwriting and loan management system.
[22] 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.
Pathward cooperated with the investigation and voluntarily began remedying its practices last year, according to a Wednesday release from NY AG Letitia James's office.
“We are updating our procedures and are confident that similar issues will not occur going forward,” a Pathward spokesperson said in an email.
“We empathize with customers adversely affected and will work hard to regain their trust.” The bank will refund $79,664 plus interest to about 88 New Yorkers who had funds turned over to debt collectors.
[28] Brad Hanson served as President of the Meta Payment Systems division beginning with its inception in 2004.
Refund Advantage, based in Louisville, Kentucky, provides tax refund-transfer software for Electronic Return Originators (EROs) and their customers.
[51] AFS/IBEX division was selected by the Independent Insurance Agents of Texas (IIAT) to be its exclusive premium finance company of choice in 2015.
[55] Meta Payment Systems division cofounder and Pathward President Brad Hanson received a 2009 Industry Achievement Award from Paybefore in 2009.
[56] Pathward's Senior Vice President and Chief Legal Officer John Hagy was named among the Top 10 Payments Lawyers by Paybefore in 2015.