SIOUX FALLS, S.D., Feb. 14, 2019 /PRNewswire/
-- MetaBank® announced today that Jeff Aegerter has been named
President of its Consumer Lending Division. MetaBank is a wholly-owned subsidiary of Meta Financial Group, Inc.® (NASDAQ: CASH) ("Meta") and a leader in delivering innovative
payment, financing and banking solutions to partners throughout the country.
Aegerter has more than 35 years of experience in consumer lending and payments. He spent 10 years at Citi, before moving on to
First PREMIER Bank where he was the Senior Vice President and Executive Officer for Card Products. In that role, Aegerter oversaw
the expansion of First PREMIER's card issuing business. He also founded two financial services companies, including Capital
Services, Inc., a portfolio management and card service organization where he spent 12 years as President and CEO.
"Jeff brings deep expertise in financial services, and has been instrumental in helping many similar companies develop their
suites of products and services, while increasing shareholder value," said Sheree Thornsberry,
Meta EVP and Group Head, Consumer. "Our consumer lending business is an important area of diversification for the company, and
we're thrilled that Jeff is here to provide leadership as we implement this strategic part of our total financial services
solution."
Meta is a leader in providing innovative financial solutions to consumers and businesses in under-served niche markets, and
believes in financial inclusion for all. Meta works with high-value niche industries, rapid-growth companies and technology
adopters to grow their businesses and build more profitable customer relationships. MetaBank is one of the largest issuers of
prepaid cards in the U.S., having issued more than a billion cards in partnership with banks, program managers, payments
providers and other businesses, and offers a total payments services solution that includes ACH origination, wire transfers and
more.
About Meta Financial Group, Inc.®
Meta Financial Group, Inc. ® (Nasdaq: CASH) is the holding company for the financial services company MetaBank® ("Meta"). Founded in 1954, Meta has grown to operate in several different financial
sectors: payments, commercial finance, tax services, community banking and consumer lending. Meta works with high-value
niche industries, strategic-growth companies and technology adopters to grow their businesses and build more profitable customer
relationships. Meta tailors solutions for bank and non-bank businesses, and provides a focused collaborative approach. The
organization is helping to shape the evolving financial services landscape by directly investing in innovation and complementary
businesses that strategically expand its suite of services. Meta has a national presence and over 1,200 employees, with corporate
headquarters in Sioux Falls, S.D. For more information, visit the Meta Financial Group website or LinkedIn.
Investor Relations and Media Contact:
Brittany Kelley Elsasser
Director of Investor Relations
605-362-2423
bkelley@metabank.com
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SOURCE Meta Financial Group, Inc.