About PATHWARD
Pathward, N.A. (formerly MetaBank) is a federally registered national bank headquartered in Sioux Falls, South Dakota, founded in 1954 as Storm Lake Savings and Loan Association in Iowa. The company rebranded to Pathward in 2022 after selling the "Meta" naming rights to Facebook (Meta Platforms). Pathward operates through two business lines: Partner Solutions (B2B banking services) and Commercial Finance. The Partner Solutions division provides DDA sponsorship, prepaid card sponsorship, acquiring, digital payments (ACH, wire, push-to-debit), financial institution solutions, credit solutions, and professional tax solutions. The bank is FDIC-insured and maintains a national bank charter, enabling it to sponsor card programs for third-party partners. Pathward has distributed over 340,000 points of distribution for debit and prepaid card issuing and moved over $2.5 billion daily in ACH and wire services. The company has received numerous awards including Forbes Americas Best Banks 2025 and is certified as a Great Place to Work
Key Infrastructure
DDA Sponsorship
Provide demand deposit account sponsorship enabling partners to offer banking services to consumers and businesses
Prepaid Card Sponsorship
Sponsor prepaid card programs including gift, loyalty, GPR, payroll, government disbursement, and travel cards
Card Issuing Infrastructure
Enable partners to issue Visa and Mastercard debit and prepaid cards through white-label sponsorship
ACH Processing
Process ACH transactions with $2.5B+ daily volume and top-30 NACHA originator/receiver status
Wire Transfer Services
Provide domestic and international wire transfer capabilities for high-volume disbursements
Acquiring Services
Support payment acquiring infrastructure for point-of-sale and e-commerce transactions
Additional Features
FDIC Insurance
Deposits backed by full faith and credit of US Government
National Bank Charter
Operates as nationally chartered bank with broad regulatory authority
Risk & Compliance
20+ years of payment experience with robust risk and compliance infrastructure
Partner Network
Relationships with Marqeta, Netspend, Incomm, Blackhawk, MoneyLion, H&R Block
Scalability
Infrastructure supports 340,000+ distribution points and high-volume transaction processing
Implementation Support
Dedicated partner engagement team providing daily collaboration and implementation expertise