South Dakota

Meta Financial to sell branches in Iowa, South Dakota to Central Bank


The company also disposed of a large agricultural loan that was nonperforming.


Great Western hires former U.S. Bancorp exec to fill credit role


The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.


Meta Financial discloses IT control weakness tied to recently acquired bank


The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year.


Agricultural issues, borrower fraud to cut into Great Western's profit


The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers.


Meta Financial taps insider as next CEO


Brad Hanson has been with the South Dakota company since founding its payment services division in 2004.


Great Western taps insider as its next president


Doug Bass had been one of the South Dakota company's regional presidents. He succeeded Ken Karels, who remains chairman and CEO.


New community banking president named at Meta


Kathy Thorson, who is currently a market president at MetaBank, will oversee strategy for all of its four markets.


Fast-growing S.D. bank to split CEO, president roles


Great Western is looking to hire a president to give CEO Ken Karels more time to focus on leadership and growth initiatives.


Meta Financial to offer loans through online lender


Meta expects to originate $500 million to $1 billion in personal loans as part of a three-year partnership with Liberty Lending in New York.


Equipment lending could take off under new tax structure


Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment.