South Dakota

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

11/22/19

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

[more]

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

09/20/19

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

[more]

Meta Financial discloses IT control weakness tied to recently acquired bank

08/08/19

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

[more]

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

07/17/19

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

[more]

Meta Financial taps insider as next CEO

11/01/18

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

[more]

Great Western taps insider as its next president

08/30/18

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

[more]

New community banking president named at Meta

06/01/18

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

[more]

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

03/02/18

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

[more]

Meta Financial to offer loans through online lender

01/26/18

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.

[more]

Equipment lending could take off under new tax structure

01/10/18

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.

[more]