MetaBank is headquartered in Storm Lake and is the 2nd largest bank in the state of Iowa. It is also the 253rd largest bank in the nation. It was established in 1954 and as of March of 2017, it had grown to 782 employees at 10 locations. MetaBank has an A+ health rating.
I have heard a lot of people talk about them and such So I decided i would go through MetaBank so I wanted to give the actual a bank a try as my actual bank. And I must say I am not let down they work fast to get you all the information you need without any sort of delays. Took less than an hour after contacting their customer service team to get all the info about the banks checking and savings accounts i wanted to look into. Since they were so prompt I decided to give it a shot. Since then the service has been great the fees are low and everything is just exactly what I was looking for with no issues and I would advise at least looking into them. The website is easy to use and they work with me through every little thing so i give them five out of five easily.
I have had a few different savings accounts but this is one of the best out there. It is easy to set up. I contacted them and within minutes I was ready to go. I have been saving a small portion of my paycheck there every week and it is a great service. I did contact them to ask some basic questions and the wait times were not that bad, just a fraction of a few minutes. They resolved my questions fast and I am impressed with how thorough and positive the service has been. If you are in the need of a bank you can use online, this is the one for you and I would recommend it.
I have used many different types of banks because well sometimes they all do not meet my needs and sometimes i must switch. But this one i am talking about today is Metabank. Which is a online only bank i signed up and got started rather quickly. So the process of starting up was rather fast compared to a normal bank which can take some time to actually get started and is not for everyone. Sometimes we want convenience. Which this is and i also called them with a low wait time to ask some questions which was nice i could get answers rather fast with almost no wait time which is great because like me everyone has questions overall the experience was positive for me.
Metabank was the bank used for direct deposit for my employer so I ended up with a card and account with them. I have been happy with the services and continue to use the account even thought I now have a different job. Customer service has always been helpful if I have called. I am able to withdraw money with no fee. I am able to keep my temporary card in case I were to loose the other card. This account meets my needs even though there is no local branch to visit.
I would recommend Metabank to others and I plan to keep this account as deposits are always timely and as expected and I am confident I can reach customer service when needed.
|FDIC Certificate #||30776|
|Return on Assets - YTD||3.28%|
|Return on Equity - YTD||27.88%|
|Annual Interest Income||$28.4MM|
|Assets and Liabilities|
|Assets||Q1 2017vs Q1 2016||$3.97B$3.07B|
|Loans||Q1 2017vs Q1 2016||$1.14B$777.5MM|
|Deposits||Q1 2017vs Q1 2016||$2.88B$2.23B|
|Equity Capital||Q1 2017vs Q1 2016||$500.1MM$315.3MM|
|Loan Loss Allowance||Q1 2017vs Q1 2016||$14.6MM$7.4MM|
|Unbacked Noncurrent Loans||Q1 2017vs Q1 2016||$5.0MM$4.7MM|
|Real Estate Owned||Q1 2017vs Q1 2016||$0$0|
Sorry, we do not have rate data for MetaBank.
|Metabank||121 East Fifth St||Storm Lake, IA 50588|
|S L Plaza Shopping Cneter Branch||1413 North Lake Avenue||Storm Lake, IA 50588|
|Westtown Branch||3448 Westtown Parkway||West Des Moines, IA 50266|
|Ingersoll Avenue Branch||3455 Ingersoll Avenue||Des Moines, IA 50312|
|3624 Sixth Avenue Branch||3624 Sixth Avenue||Des Moines, IA 50313|
|86th Street Branch||4848 86th Street||Urbandale, IA 50322|
|Elmwood Branch||12th At Elmwood||Sioux Falls, SD 57104|
|North Career Avenue Branch||4900 S Western Ave||Sioux Falls, SD 57108|
|Brookings Branch||600 Main Avenue||Brookings, SD 57006|
|Minnesota and 33rd Branch||2500 S. Minnesota Ave.||Sioux Falls, SD 57105|