Pathward Financial
business developments second quarter ended march through authorized applications totaling million for the protection program expanded faster payments platform to include visa direct converted to a national bank charter from a federal thrift charter and meta financial group to a bank holding company from a savings and loan holding company which better reflects business model closed sale of community bank division to central bank on sale included all of the community bank deposits of million branch locations fixed assets employees and a portion of the community bank loan portfolio totaling million the remaining community bank loans not sold to central bank which totaled million at march have been retained by the company under a servicing agreement with central bank progress made towards long term strategic plan through improved balance sheet mix and lower efficiency ratio | Pathward Financial
Deck Type
Deck date
April 2020
Slide
3 of 26
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