News from the Wire

MetaBank to issue UniRush's prepaid RushCard

Thursday, August 28, 2014 — 12:56:47 (EDT)

Sioux Falls, S.D., Aug. 27, 2014 -- Meta Payment Systems, a division of MetaBank, and a leading issuer of prepaid cards, has entered into a multi-year agreement with UniRush, LLC, to issue the Prepaid RushCard. RushCard represents another way for MetaBank to achieve its vision of promoting financial inclusion for everyone while assisting UniRush in executing on its mission of empowering members by providing access to services that enable them to achieve their personal and financial goals.

RushCard has significant growth plans for the future, and its relationship with MetaBank will lend itself to those plans, according to UniRush CEO Rick Savard. "After a careful review of potential issuers, we selected MetaBank based on its extensive prepaid experience, solid business model and overall infrastructure in place to offer RushCard an issuing partnership that will enable us to grow and expand our business," he said.

MetaBank President Brad Hanson looks forward to working with UniRush on developing future products and services. "It will be a pleasure working with the quality team at UniRush to offer more financial options to consumers," he said. "Like Meta, UniRush has a long history of helping to improve the financial dignity of millions of people who don't have or choose not to use the traditional financial products many of us take for granted."

About UniRush, LLC

UniRush, LLC, which helped pioneer the prepaid debit card industry with the Prepaid RushCard, one of the first general purpose reloadable prepaid debit cards in the marketplace, provides members with access to services that enable them to achieve their personal and financial goals. UniRush offers Americans an array of basic financial services via the RushCard. To learn more about the RushCard, visit www.rushcard.com or find us at facebook.com/rushcard or on Twitter @RushCard.

About MetaBank®

MetaBank®, through its Meta Payment Systems® (MPS) division, delivers innovative financial products that change the way people use, borrow and manage money. Based in Sioux Falls, South Dakota, MPS is a recognized leader in the prepaid card industry and provides innovative payment solutions delivered nationally in collaboration with market-leading partners. MPS focuses on offering specific product solutions in the following areas: prepaid cards, credit products, ACH origination and ATM sponsorship. Meta Financial Group, Inc.® (NASDAQ Global Market®: CASH), is the holding company for federally chartered savings bank MetaBank, Member FDIC. For more information, visit www.metapay.com .

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Source: Company press release.