MetaBank operates as a federally chartered savings bank in South Dakota. The company offers personal banking products and services, such as checking and savings accounts, certificates of deposit, loans, credit cards, and debit and ATM cards, as well as online banking, mobile and phone banking, online bill pay, and person-to-person payment services. It also provides business banking products and services, including checking and savings accounts, certificates of deposit, online cash management services, business credit cards, and lines of credit services. In addition, the company offers lines of credit, real estate loans, equipment loans, and livestock loans for agricultural sector; and mortgage loans that include home loans, home equity lines of credit, home equity loans, construction loans, and vacant lot loans. MetaBank was formerly known as First Federal Savings Bank of the Midwest and changed its name to MetaBank in January 2005. The company was founded in 1954 and is based in Storm Lake, Iowa. It has additional offices in Central and Northwest Iowa; and Brookings and Sioux Empire, South Dakota. MetaBank operates as a subsidiary of Meta Financial Group, Inc.