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Stock impact report

Meta Financial Group, Inc.® Announces Conversion of MetaBank® to a National Bank Charter

Pathward Financial, Inc. (CASH) 
Last pathward financial, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: metafinancialgroup.com/investor-overview
Company Research Source: GlobeNewswire
SIOUX FALLS, S.D., March 31, 2020 (GLOBE NEWSWIRE) -- Meta Financial Group, Inc.® (Nasdaq: CASH) ("Meta" or the “Company”) today announced that MetaBank® (the “Bank”), a wholly-owned subsidiary of Meta, has received the necessary regulatory approvals from the Office of the Comptroller of the Currency to convert from a federal thrift charter to a national bank charter, and that the Company has received the necessary regulatory approvals from the Federal Reserve Bank of Minneapolis to convert from a savings and loan holding company to a bank holding company that has elected treatment as a financial holding company. The conversion of the Bank to a national bank, and the conversion of the Company to a bank holding company, will become effective at the opening of business on Wednesday, April 1, 2020. At such time, the Bank will operate under the name "MetaBank, National Association." The Company and the Bank are enabling these conversions in order to more closely align the Bank's regu Show less Read more
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