All posts in category Staying Competitive at What Expense

Permissiveness of US Laws on Lobbying and Campaign Financing and the Major Problems that go Hand in Hand With That

The Spread of Oligarchy; The Distribution of Assets;

Who Controls Your Money

The ultra-rich are world’s new dictators

Democracy at risk as oligarchy spreads

Oct. 26, 2013 9:26 PM / ASSOCIATED PRESS

Written by Christian Caryl

Foreign Policy

Caryl, the editor of Democracy Lab, is a senior fellow at the Legatum Institute and a contributing editor at Foreign Policy. He is also the author of “Strange Rebels: 1979 and the Birth of the 21st Century.”

WASHINGTON — Earlier this month, the investment bank Credit Suisse published its annual survey of global wealth. The bank’s report is filled with illuminating findings, but one in particular caught my eye. It has to do with the distribution of assets in Russia, where, as the report notes, a mere 110 people own a mind-boggling 35 percent of the country’s entire wealth. At the same time, 93.7 percent of Russians are worth $10,000 or less.

As the report notes, this makes Russia the country with the greatest wealth disparities in the world. Americans, who are now increasingly concerned about deepening inequality in their own country, might seek some consolation from this dismal conclusion.

Even under present circumstances, wealth in the United States is still spread a lot more evenly than that.

Things could be worse, right?

Well, maybe. But I see little cause for jubilation. Russia is merely the most extreme case of a worldwide trend that potentially represents one of the greatest threats that democracy faces today: the spread of oligarchy.

The problem isn’t just that some people in today’s world are fabulously rich. It’s that disproportionate wealth increasingly goes along with disproportionate power.

Russia, again, offers a textbook example of the dangers. Back in the 1990s, a handful of politically well-connected business tycoons managed to profit from their close relations with Boris Yeltsin’s Kremlin by taking advantage of the privatization of the country’s industrial jewels — above all its vast oil wealth. Those magnates weren’t shy about exploiting their economic power to political ends. They bankrolled Yeltsin’s re-election as president in 1996, controlled ministerial appointments, and dictated government policy. No wonder these businessmen-cum-politicians were soon dubbed the “oligarchs.”

(”Oligarchy” is Greek for “government of the few.”)

One of them, the recently deceased, arch-Machiavellian Boris Berezovsky, engineered the rise of an ex-KGB officer to the prime ministership. Vladimir Putin ultimately proved less than grateful, though. Once Putin became president in his own stead, he was quick to cut his erstwhile patron down to size, forcing Berezvosky into exile.

Putin curtailed the power of other Yeltsin-era tycoons, too (most notably Mikhail Khodorkovsky, who now marks his 10th year of imprisonment in a labor camp), but in their place he raised up a new group of businessmen — many with ties to the old Soviet security services — who owed their fortunes to him. One of them, another KGB alumnus named Igor Sechin, who heads the country’s largest oil company, is regarded by some as the second-most powerful man after Putin himself.

But this isn’t only Russia’s problem.

As has now become apparent, globalization and the powerful economic forces it has unleashed have awarded unparalleled wealth and power to a tiny new elite.

Call them what you will: the superclass, the plutocrats, the “global meritocracy.”

What they exemplify is the nexus of wealth and political power. And that’s a problem that is increasingly vexing voters in places from London to Kuala Lumpur.

It’s a challenge that takes different forms.

In China, membership in the ruling Communist Party is often the easy road to wealth. Many of today’s political scandals center on the antics of well-connected “princelings,” the descendants of senior party officials who embody the country’s peculiarly potent blend of Marxist-Leninist crony capitalism. Thanks to some remarkable digging by enterprising journalists in recent years, we’ve learned some astonishing things about the scale of privilege enjoyed by the extended families of notables such as President Xi Jinping and ex-Prime Minister Wen Jiabao.

But this hardly comes as a surprise.

When you consider that the People’s Republic is governed by the seven members of the Standing Committee of the Politburo of the Communist Party, you’re talking about a tiny number of families who exercise unchecked control over one of the world’s largest economies. In such a setting, it’s only natural that political and economic power are mutually reinforcing.

The situation in China is, of course, the outcome of an economic liberalization program steered by an autocratic elite.

In the countries of the developed West the situation is rather different. The number of players is larger; wealth and political influence are more widely distributed.

But that is presumably small comfort to, say, the Americans who have emerged as losers from the country’s latest Gilded Age. ( Oh and Americans don’t like losing, in case you hadn’t noticed.)

Economic equality in the United States grew steadily during the first three decades of the period following World War II, but ground to a halt amid the stagflation and increasing international competition of the 1970s.

As economist Joseph Stiglitz notes in a recent editorial:

“Last year, the top 1 percent of Americans took home 22 percent of the nation’s income; the top 0.1 percent, 11 percent.

Ninety-five percent of all income gains since 2009 have gone to the top 1 percent.

Recently released census figures show that median income in America hasn’t budged in almost a quarter-century.”

At the same time, the extraordinary permissiveness of U.S. laws on lobbying and campaign financing has allowed wealthy elites to gain immense sway over the political process.

By now, anyone who follows American politics has heard the stories about the vast sums of cash spent by conservative business magnates like the Koch Brothers; less often discussed, perhaps, are the rich Democrats, such as George Soros or Tom Steyer, who are happy to leverage their wealth to shape policy.

But even less visible are the big corporations and industrial associations who can purchase lawmakers and fix legislation to boost their own bottom lines.

One recent academic study calculates that 40 percent of political campaign contributions in 2012 came from one-hundredth of 1 percent of U.S. households. That figure probably reflects the new economic elite’s growing awareness of its own political power — not to mention the apathy among other segments of the population who feel increasingly divorced from meaningful participation.

The erosion of alternative power centers, such as labor unions, undoubtedly contributes to a sense of rising cynicism and disengagement. It all serves to undermine the promise of America’s democratic system. (Given this context, it’s no wonder that the U.S. Supreme Court is once again weighing the question of limits on individual contributions to political campaigns.)

As a result, the United States is now experiencing a remarkable discussion of the causes of the new inequality and its political consequences. Authors from George Packer to Tyler Cowen are stirring impassioned debate about the perceived breakdown of the American social compact. The new book from economist Angus Deaton, “The Great Escape,” includes a memorable quote from the lawyer Louis Brandeis: “If democracy becomes plutocracy, those who are not rich are effectively disenfranchised.”

Can we stop the trend?

Some — like Cowen, who believes that current inequality is largely a function of technological change — are skeptical.
Others insist that we can counter the drift towards government by the few with smart policies designed to level the playing field — above all in education, infrastructure and health care.
Measures to limit the role of money in politics probably wouldn’t be a bad idea either (presuming we can find some that actually work). For those who still believe in the primacy of the market, the package might also include measures designed to promote genuine competition in the place of today’s corporate welfare for politically plugged-in superfirms.

This certainly doesn’t mean giving up on capitalism.

As development economists point out, globalization has brought relative prosperity to many around the world who couldn’t even dream of it before. (Think, for a start, of all those Chinese peasants who can now afford three meals a day — unthinkable in times past.) Overall health and development indicators have improved dramatically over the past 50 years.

None of this, however, obviates the need to ensure that the extraordinary benefits accruing to the superstars at the top don’t end up disenfranchising the rest of us. Otherwise the future looks dark.

********************************

Balance of power, being able to control our own money, having access to clear and accurate information about banking practices so that what we do as individuals allows us to make informed and educated decisions, genuine decisions, about our own assets and lives are reasonable requests. Otherwise the future looks dark.

Our experience using METABANK crossed over into the dark zone. We were lied to. Our own cash money was kept from us. METABANK took our cash money first and then made up some far fetched story that was so easy to see through that it was disgusting. Seeing immoral and criminal acts, being lied to and being taken advantage by a power banker which is how METABANK has been acting, not only in the USA, but on a global scale is so extreme that we must speak up and out against how METABANK operates.

Consumers must align, join forces and work collectively for solutions to the problems created by METABANK and any other entity that wants to use consumer’s money as an interest free loan for themselves. METABANK operates as a usurer, a loan shark, in the greediest and most self-centered sense of that has ever existed.

METABANK began as a “THRIFT BANK” which catered to the poorest and most economically fragile citizens from whom they charged exorbitant interest rates and then moved into “COLLECTIONS” which is really what METABANK is all about, the enforcement of collections. METABANK sets up all the rules by which they operate and also retains the right to change the rules without notices. METABANK operates as a scam of consumers. No safe guards are in place to protect consumers from predators like METABANK. Only you as a consumer can protect yourselves.

If we hadn’t been so badly scammed by METABANK as their former customer, we wouldn’t feel so compelled to write this blog…. The reality is that METABANK abused us as their customer so we feel that all we can do is to alert others to prevent from happening to them what we had foisted upon us as a customer of METABANK. We are trying to put into action the “Golden Rule.” If only METABANK had treated us the way we would have liked to have been treated as customers

#1 We would have been pleased with the service we received from METABANK

#2 We would still be doing business with METABANK

#3 We would be endorsing the kind of product offered by METABANK ………… BUT WE ARE NOT !!!!!

BUT BECAUSE WE WERE SO ABUSED BY METABANK, WE CANNOT ENDORSE ANY PRODUCT OR SERVICE COMING OUT OF STORM LAKE, IOWA.

CONSUMERS, BE WARNED!!! Don’t become a customer of MetaBank. Unfortunately, Meta Bank operates using many different names and they use a partner company to market their prepaid network branded bank cards.

Because METABANK is the largest processor of the Network Branded Prepaid Bank Cards, it will be difficult for you to know if you are a customer of METABANK or one operating in the same manner as METABANK. METABANK has offered classes to other banking entities in their methods so as to normalize their practices.

We are curious about the placement of METABANK advertisements.

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by mrnd5 on October 27, 2013 • Permalink

Tagged "No Credit Check" is not true - METABANK is seeking financially vulnerable customers, $5 charge for every transaction on the card, Banking in the USA, Boris Berezovsky, Boris Yeltsin, But this isn’t only Russia’s problem., D.C. Lobbyists advocate for Corporate Interests, Deceptive Marketing Tools Only Help Meta Bank, Have you ever had any luck getting things resolved with Meta Bank? Did Meta Bank ever change the terms without warning?, Meta Bank is a collections agency not a bank, Meta Bank lies, META BANK SCAMS CUSTOMERS, Meta Bank using false advertising, MetaBank, MetaBank hired Lobbyists to promote their PrePaid Bank Cards in Washington, Mikhail Khodorkovsky, NETWORK BRANDED PREPAID BANK CARDS are nothing but a scam, Russia, Vladimir Putin, When advertising becomes propaganda

Posted by mrnd5 on October 27, 2013

https://mrnd5.wordpress.com/2013/10/27/permissiveness-of-us-laws-on-lobbying-and-campaign-financing-and-the-major-problems-that-go-hand-in-hand-with-that/

When your boss asks you to do work that you perceive to be immoral…..

Exploring the Self-Esteem Related to “Having a Job” any job…. an immoral job may backfire

We have wondered how the METABANK employees who answer the phones as customer service representatives actually feel about what they do.

Certainly they must know they are lying to people, ordinary people who are just like them.

Statistics show that bank tellers in Storm Lake Iowa earn salaries that place them below poverty level. How desperate can these phone representatives be? Have they been so mislead that they believe in what they are doing?

If they are ignorant of what they are doing, what will it take for them to realize that they are the ones who are making METABANK’s CEOS super rich while they still live below the poverty level?

Could they understand that by lying to the customers that this is dishonest? For how long can these customer representatives going on perpetuating this lie that makes their CEOs so rich? Certainly there must be something in it for these people to lie to other people who are so much like them at the other end of the phone? What kind of “UNTRUTHS” have these METABANK phone representatives been fed so that they carry out the dirtiest job on behalf of the METABANK CEOs?

At Work: Job, self-esteem tied tightly together

Andrea Kay, Gannett12:57 p.m. EDT August 31, 2013

Feedback on the job can be a buffer against depression.

STORY HIGHLIGHTS

Not having a job can lead to depression, which can make it more difficult to find a job [If a person just settles for what they perceive to be the only job available in their area, but the job keeps them at poverty levels, how does this affect their self esteem? We believe that the people who answer the phones as customer representatives for METABANK may have detached themselves morally from what is required of them in what may seem to be a hopeless situation with few real options.]
High stress at work, unhappiness in a career also can lead to depression [How do METABANK’s phone representatives live with themselves?????!!!!!!]
Even bigger problem: Stigma associated with depression causes people to avoid getting help [Perhaps the fear of having no job is what allows these phone representatives to perpetuate this scam on others?! How sad these people must be. They are being used and abused as much as the customers they are required to lie to day in and day out. Pathetically sad!!!]

Work means so much to us Americans that without it some people don’t want to get out of bed in the morning.

That is likely one reason unemployed adults and those not working as much as they would like are twice as likely to be depressed as Americans employed full time. [Feeling stuck in a dead-end job such as being a phone representative for METABANK…. This has got to be a pathetic and hopeless situation for those who are being required to do the dirty work that makes the METABANK CEOs rich and then richer yet.]

STORY: Who’s feeling stressed? Young adults
COLUMN: Workers’ happiness rubs off on profits [ Think about this!!!!!!]

That’s the conclusion of a Jan. 1-July 25 survey of more than 100,000 Americans conducted by the Gallup-Healthways Well-Being Index. It says 16.6% of unemployed Americans are depressed compared to 5.6% of those who work full time.

“Self-esteem and self-worth are closely aligned with working,” says psychotherapist Charles Allen, who estimates about 10% of his clients are out of work or worried about losing their job.

When you have a job, you have a continuous source of feedback that you are a contributing member of society, he says. That’s not to say you go to work thinking, “Hey, I’m a valued member of society.” The idea is largely subconscious.

[But what if you are asked to harm innocent people who are just like you whom you only encounter at the other end of the phone??? That can’t feel hopeful in anyway.]

“You feel it in the depths of your brain,” he says.

Being employed helps you feel wanted and that you’re contributing to your finances, says psychotherapist Elizabeth Lombardo. It also gives you social support — “a buffer against depression.”

In his practice, psychotherapist Jonathan Alpert sees a lot of unemployed people who are depressed.

He describes them as usually feeling hopeless and helpless, their sense of identity greatly diminished.

“Employment provides a sense of purpose, … of belongingness,” he says. “Those who are unemployed lack that purpose.”

Some unemployed workers also lack structure, which leads to unhealthy habits like staying up until 3 a.m. then getting up late the next day. That “makes them feel even more different than the employed,” Alpert says.

Being depressed also can affect your ability to seek and keep a job.

Allen’s depressed clients who are unemployed “typically have tremendous difficulty in finding work because they lack energy and drive to engage in a job hunt,” he says. Their pessimism and feelings of worthlessness also contribute to the idea that they won’t find work.

When motivation plummets, you withdraw and “why bother?” prevails, Lombardo says.

A depressed person may not do well in interviews.

“Who wants to hire ‘Debbie Downer?’ ” she asks.

Some people who are depressed can have a tough time keeping a job: They take too much time off, have a lack of drive, don’t concentrate well and sometimes simply don’t care, Alpert says.

[ The term “SIMPLY DON’T CARE” highlights that some people may take a job as a phone representative at METABANK just to have a job. They may understand that what they are doing is immoral, but perceive that there aren’t many other options. This has got to be a sad state of affairs for these employees. If they could see a positive way forward, internally they may be able to ask for the right to treat others fairly…. This situation is predatory on so many levels…. Shame on METABANK CEOs who created this abhorent and offensive scenario.]

They also “often have a poor self-image and lack confidence, two factors that strongly impact job retention and performance,” he says.

Alpert says he also sees a lot of another type of depression — in people who are employed.

It “usually stems from high stress and feeling disenchanted with their job or simply unhappy with the direction their career has taken them,” he says.

Feeling stuck in a position “can bring about a sense you have no control over your situation,” Lombardo says. “Feeling powerless can cause depression. And depression can lead to getting demoted.”

Depression among those with jobs costs U.S. employers $23 billion annually in lost productivity, according to Gallup.

The survey found that depression decreases as income rises. It showed that Americans who earn less than $36,000 annually are nearly three times more likely to be depressed than those who earn more than $90,000 annually.

Depression takes a toll on a person — employed or jobless — as well as the economy.

[We find it impossible to believe that the METABANK Phone representatives who lie to customers can do this in the long term without having some feelings of remorse. We have, of course, made the assumption that they are human beings. How desperate are they that they can continue to lie to people who are a lot like them at the other end of the phone?]

It may be depressing to talk about depression. But the more we know about it and discuss it, the more likely the stigma associated with it will be reduced. [We believe that America is a sick society at this time. It is imperative that as ordinary people that we insist on humane treatment of each other… this treatment goes both ways, you know… It is the “Golden Rule.”]

And perhaps the people who need help the most will get it.

Career consultant Andrea Kay is the author of This Is How To Get Your Next Job: An Inside Look at What Employers Really Want.

Note: Please notice carefully where METABANK and any other Prepaid Bank Card offered places their advertisements

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by mrnd5 on October 27, 2013 • Permalink

Posted in Banking, Consumers align to protect yourselves, Corrupt Practices found within METABANK, Customer Loyalty Program, Customer Service at METABANK.com, Customer Service isn't listed as being one of META FINANCIAL GROUP INC areas of interest or studied skills, customer service of METABANK, Customers of METABANK continue to complain about how they have been mistreated by METABANK, Disabled Veteran abused by METABANK, Dollar General Pre-paid Card is Meta Bank, Don't Invest in META BANK, Fight Corruption, Financial Regulatory Reforms Needed, Gift Cards May be Suspended After Purchase and without notice, Green Dot is Meta Bank and Green Dot already has many complaints from customers, innovative banking practices, Integrity, Just Curious About Meta Bank's Ad Placement, Meta Bank and Banks like it are the source of the bad economy - stop talking about any politician at any point in history, META BANK bilks their customer base, Meta Bank charges customers for spending their own money, META BANK doesn’t serve the general public, Meta Bank is nothing but a publicity scam, Meta Bank operates using many different names, Meta Bank Scams Americans, Meta Bank sells VISA and Mastercard Pre-Paid Cards, META FINANCIAL GROUP INC, META FINANCIAL GROUP INC fails to address customers' real needs, META FINANCIAL GROUP INC is by design created to make money for their CEOs, META FINANCIAL GROUP INC pushes blame off onto their customers for their own design issues and internal operating problems, METABANK, METABANK average employees earn wages below the poverty level, METABANK causes the late fees for customers, METABANK CEOs create and require all of the rules, METABANK CEOs make huge annual incomes, METABANK customers are still being scammed, METABANK customers are still complaining about the abuse they have received from METABANK, METABANK Customers complain about METABANK's mistreatment, METABANK designed the prepaid bank cards, METABANK is a collections agency, METABANK is a collections agency and not a bank, METABANK is a piece of crap, MetaBank is corrupt, METABANK operates using many different names, METABANK practices are dragging the economy down, METABANK uses false awards- false testimonials, METABANK uses the rules for their own gain, METABANK's practices are narcissitic, METABANK's PREPAID CARD, METABANK's publicity is a lie and filled with false promises, METABANK's publicity says that their prepaid card will meet your specific needs but in reality they are the exact same card just using different publicitty, metabank.com, More behind META BANK's scam than we may have previously realized, Narcissism of Storm Lake IOWA, Narcissistic practices found to be within METABANK's operation, NBPCA is a scam on the American public, Netspend/Meta Bank makes life miserable, Nothing and no one has yet been able to put a stop to META BANK's scam, Ordinary customers can't get the METABANK PREPAID CARD TO SERVE THEIR NEEDS, outrageous banking practices, outrageous practices related to Prepaid Cards, Outrageous practices within MetaBank, payment cards that carry hefty costs, Payment Solutions with Serious Problems, Payment Systems, Please help to stop the immoral banking practices of META BANK, Pre-paid Bank Cards don't work, Predatory Practices of BankMeta.com, PREPAID CARDS are not adequately regulated, PREPAID CARDS are not consumer friendly, PREPAID CARDS promoted by METABANK, PREPAID DEBIT CARDS, PrePaid Name Brand Bank Card Association a non-profit is a scam, Protecting Your Customer Base, Respect Consumers, Rules Designed BY METABANK for the benefit of METABANK, Scams by banks like METABANK, seek revenue growth for themselves not you the customer, self-centered, self-motivated, self-serving, Stay Out of Debt, Stay out of debt- don't get loans to pay off loans, Staying Competitive at What Expense, Steve King (R-IA) received large campaign donation from James S. Haahr of Meta Bank, Stop Meta Bank, Storm Lake IOWA, Success shouldn't be about profits - People mattter, Suspicious Activity is within Meta Bank's internal practices and policies, Terrorism within the USA, The U.S. Department of Education called the charging of such fees "unallowable" in guidance to financial aid officers issued last month., This is not a sustainable pattern for the US Economy., Thrift Bank - the concept is a scam, through secretive deals and sometimes in apparent violation of federal law, Tricked by METABANK's publicity, Truth, Two problems found in METABANK's "No Credit Check" Cards, unbanked, Usury, We are all vulnerable to predatory practices of banks like METABANK, What were Meta Bank's supervisors and internal auditors doing? Did they even exist? Why doesn't Meta Bank's Higher Ups ever know anything and have to push the blame around all the time?, Where There Is Smoke There Is Fire, Why does METABANK lie to their own customers?, You may be dealing with Meta Bank under a different name

Tagged bank had use of money, Banking in the USA, Deceptive Marketing Tools Only Help Meta Bank, Fraudulent, Have you ever had any luck getting things resolved with Meta Bank? Did Meta Bank ever change the terms without warning?, Human Rights, Immoral, Immoral bank practices by META Bank and its operation using other names, internet, Meta Bank lies, Meta Bank Scammed me- Have they scammed you to?, META BANK SCAMS CUSTOMERS, MetaBank, phone representatives, they prey off customers, we can't access our money at all, working at METABANK

Posted by mrnd5 on October 27, 2013

https://mrnd5.wordpress.com/2013/10/27/when-your-boss-asks-you-to-do-work-that-you-perceive-to-be-immoral/

Solving Customer’s Problems Should Be of the Foremost Importance…. METABANK abused us while we were their customer

Customer Service Solves Problems To Create Loyal Clients

but NOT SO at METABANK

Make it easy for frustrated customers to contact you, get problems solved. You’ll create loyal clients.

In the past 30 days, I canceled service with three companies I’ve used for years.

Customer service was the reason. It was that bad.

But I kept my business with another company even though its actual service keeps messing up. That business’ customer service is that good.

Customer-service representatives are everywhere. Anyone with a phone, TV, computer, coffee maker, credit card or insurance; or who buys subscription services or makeup from shady companies advertising on TV has dealings with them.

And let’s not forget about business-to-business customer-service reps. [This is part of how METABANK performs their scam.]

Their numbers are growing by the minute. The Bureau of Labor Statistics predicts the profession will expand 15.5% through 2020.

Call centers alone had almost 23,000 vacant jobs, more than a third listed in the past week, according to CallCenterCrossing, which calls itself the largest collection of call-center jobs. The company cites the health care law, holiday season and general economic expansion as the chief reasons for a rise in call-center hiring.

As long as companies offer things to buy and services to use, folks will need help.

[Customers have over a period of many years now indicated that METABANK and its affiliates, including the Network Branded Bank Card Association, fail when it comes to customer service. We, as former METABANK customers/clients believe, based on our own personal experience using METABANK et al., that METABANK by design treats their customers in an abusive manner. We have been scammed and lied to. We have been treated in an inhumane manner.

METABANK does not offer any kind of model that should be used as a guideline by any other entity…. METABANK relies on numbers and the population is growing rapidly.

METABANK relies on getting partner corporate entities to market their prepaid bank card a relationship which is in fact one that will increase the rate of decline of that partner company. At first the partner company will experience an initial spurt that may appear to be great and fabulous; this is the honeymoon, but it is a marriage that is doomed by design. METABANK only wants their partner companies’ list of customers whom METABANK will use for their own financial gain.

In establishing this partnership, METABANK promises to take care of all the collections for their partner. Collections is the dirtiest of dirty work so the partner company is happy to hand over this part of the operation to METABANK. METABANK, as we former customers have found, has an abusive customer service system by design.

When METABANK’s customer serivice representatives basically went through a list of standard lies they had been handed to use for all situation; the lies serve to blame the customer for the problems the customer had encountered using METABANK. However, by design, METABANK created a prepaid bank card which customers load with cash money, and then METABANK limits and controls when and even if a customer will be able to have access to their own money…. This scheme is predatory. It is based upon false and misleading promises.

METABANK is by design immoral. Only consumers can speak up to warn others so that METABANK can be stopped from doing this great scam on the people.]

Companies claim to know how important these front-line jobs are. They say they strive for a “customer-first mindset,” “transparency and accountability,” “positive customer relationships” and “consistent and efficient delivery of superior customer service.”

So why don’t more customer-service reps deliver? Is it the company or the employees?

Likely both.

Workers tell me they want these jobs because they like people. Yet too many companies do everything they can to not let their people talk to us.

Finding contact information can be like a game of hide-and-seek.

Some refuse to talk to you. Take Twitter: [This isn’t a model anyone should follow!!!!!]

My account has had a problem for four months. I’ve obediently followed Twitter’s directions and sent in a dozen requests for help.

I’m still waiting for an answer.

On the other hand, companies such as crowdSPRING help businesses and creative talent find each other and make it easy for customers to communicate with them.

[This concept is an old one that worked. It worked very well. This is what we as consumers expect, but this is not at all what METABANK provides. METABANK uses this concept to catch consumers and their partner companies off guard so that METABANK can get their foot in the door. What META BANK does is an IMMORAL ACT.]

This company posts its phone number on every page of its site. No doubt this springs from the philosophy of co-founder Mike Samson who tells his reps that the spoken word is better than the written word, to say “please” and “thank you” and always end with “much obliged.”

People who get into customer service tell me they love to solve problems.

Yet “I can’t help you with that” are the last words that a lot of people hear from a customer-service rep.

Those workers either don’t know how to think like a problem solver or don’t think they have the authority to help.
Some customer-service reps are plain mean. The other day I asked a one that I could barely hear if she might speak a little louder. She snapped, “No, I can’t scream.”

When you keep getting bad customer service, you wonder why companies keep sending surveys asking how your customer-service experience went.
I also often wonder why companies insist that customer-service reps speak canned faux caring phrases like “Have a nice day” after they’ve been mean and obstructive.

Chief Operating Officer Zach Cusimano of Bizness Apps, which makes mobile apps for companies, says his business doesn’t coach reps to use particular phrases.

Company officials do encourage them to “throw in some love” and foster more interactions by saying, “I’m happy to help,” “Please let me know if you have any other questions,” and “Looking forward to hearing from you again.”

[However, if these statements are nothing but empty words with no real response and no action behind them then they are useless. It is our strong impression as former METABANK customers that the CEOs of METABANK have created all of the guidelines, which include a list of rote excuses for why it is always the customers’ fault for any problems they may have encountered. METABANK creates the problems by which they get rich and then richer; METABANK breaks with every expectation that any person would normally expect.

METABANK creates all the rules and retains the right to change all of the rules without notice. This is bad, but on top of that METABANK takes customer’s money and keeps us/them from having access to their own money while using the NETWORK BRANDED PREPAID BANK CARD.

The NETWORK BRANDED PREPAID BANK CARD amounts to being an interest free loan from customers to a very rich bank. The whole concept has been reversed. Potential customers are mislead into taking on such a card by the partner company who is in effect being used as a “PATSY” in this dynamic triangle of abuse of the consumer.]

I contend that more people would like their customer-service jobs and customers would be happier if they did what Jesse Richardson does.

“We love our customers,” Richardson says. She is conscious community officer for Conscious Box, a subscription service for eco-friendly products.

Seriously.

If you want a satisfying career helping solve problems for people who are frustrated, confused and sometimes angry, care for them no matter what.

Find a great company that values them and you.

In the 25 years I’ve counseled people with their careers, most tell me one thing: I want to be of service to others. Here’s your chance.

[As former customers of METABANK we had expected this kind of treatment, but METABANK and the NETWORK BRANDED PREPAID CARD ASSOCIATION act in a predatory manner so that they abuse their customers, only to move onto the next person so they can dupe that person. The huge size of our population is how METABANK has been able to get away with this kind of scam for as long as they have. Only you can stop this kind of a scam.]

Career consultant Andrea Kay is the author of This Is How To Get Your Next Job: An Inside Look at What Employers Really Want.

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by mrnd5 on October 27, 2013 • Permalink

Posted in Access Sought To Your Company's Customer List, Advocate for your needs and concerns as a consumer, agreements with 520 campuses that enroll more than 4.3 million students, Annual Income of META BANK's CEOs, Bank Publicity that is simply "Garbage Talk", Bank Reform and Proper Regulations are Needed, BANK REFORMS NEEDED TO BE CAREFULLY REGULATED, Bank Regulations must be enforced, Bank regulators shut down MetaBank payday loans, Bank Scams go international, Bank Tellers at MetaBank earn wages on the average that are below the poverty level, Banking, banking in Storm Lake IOWA, Banking in the USA in 2013, BankMeta lies to keep customers from their own money, bankmeta.com, Banks are creating economic servitude in the USA, Banks Designed To Keep Consumers in Debt, Banks have created all the rules for PREPAID CARDS, Banks Lying to Consumers To Trick Them into taking on Debt, Big Corporations and Banks run the world, Complaints Against Meta Bank, Consumers act to protect themselves and others from further bank fraud and customer abuses, Consumers being forced to use plastic, Consumers Demand Bank Reforms That Serve Their Real Needs, Consumers must speak out, Consumers Need To Save Money And Stay Out of Debt, Consumers Start Talking and Learning Real Facts About Banking, Consumers suffer at the hands of METABANK, Corrupt Practices found within METABANK, Customer Complaints Abound Regarding how METABANK treats them., Customer Service at METABANK.com, Customer Service isn't listed as being one of META FINANCIAL GROUP INC areas of interest or studied skills, Customers of METABANK continue to complain about how they have been mistreated by METABANK, Customers' Scammed Repeatedly By METABANK, Do not give up control of your own money by using a prepaid card, Does METABANK believe their customer base are unworthy?, Dollar General Pre-paid Card is Meta Bank, Don't Invest in META BANK, Don't use PREPAID BANK CARDS of any kind, fees required to talk by phone to NETSPEND, Fight Corruption, Financial Regulatory Reforms Needed, Gift Cards are an interest free loan to an unknown bank, Gift Cards May be Suspended After Purchase and without notice, Green Dot is Meta Bank and Green Dot already has many complaints from customers, Internal Audit Committee at Meta Bank, Internal Audits not able to cope with problems related to prepaid bank cards, J. Tyler Haahr, Just Curious About Meta Bank's Ad Placement, META BANK bilks their customer base, Meta Bank charges customers for spending their own money, Meta Bank denied one man his right to a fair and impartial trial. What kind of a world citizen is Meta Bank? We are tired of fighting the wars that Meta Bank causes., META BANK doesn’t serve the general public, Meta Bank is nothing but a publicity scam, Meta Bank never accepts responsibility, Meta Bank operates using many different names, META BANK same poor service as always, Meta Bank Scams Americans, Meta Bank sells VISA and Mastercard Pre-Paid Cards, META BANK: Creating all the rules in their own favor, META FINANCIAL GROUP INC fails to address customers' real needs, META FINANCIAL GROUP INC pushes blame off onto their customers for their own design issues and internal operating problems, METABANK =TURBOTAX and both are scams, METABANK as the alpha baboon in our society, METABANK average employees earn wages below the poverty level, METABANK causes the late fees for customers, METABANK CEOs create and require all of the rules, METABANK CEOs make huge annual incomes, METABANK customers are still being scammed, METABANK Customers complain about METABANK's mistreatment, METABANK fails to hear and to respond appropriately to customer's real needs, METABANK is a collections agency, METABANK is a collections agency and not a bank, METABANK is a piece of crap, MetaBank is corrupt, METABANK lies to their own customers, METABANK operates using many different names, METABANK practices are dragging the economy down, METABANK uses false awards- false testimonials, METABANK's partner company provides METABANK with access to their customer base, METABANK's practices are narcissitic, METABANK's publicity says that their prepaid card will meet your specific needs but in reality they are the exact same card just using different publicitty, Narcissism of Storm Lake IOWA, NBPCA is a scam on the American public, Ordinary customers can't get the METABANK PREPAID CARD TO SERVE THEIR NEEDS, payment cards that carry hefty costs, Payment Solutions with Serious Problems, Payment Systems, PayPower Scam, PayPower Visa by META BANK, Pre-paid Bank Cards don't work, Predatory Practices of BankMeta.com, PrePaid Bank Cards bad for consumers, PREPAID CARDS are not consumer friendly, PREPAID CARDS promoted by METABANK, Real Customer Service Builds a Genuine Customer Base, Rules Designed BY METABANK for the benefit of METABANK, Scams by banks like METABANK, Staying Competitive at What Expense, Success shouldn't be about profits - People mattter, Suspicious Activity is within Meta Bank's internal practices and policies, Terrorism within the USA, The cards and accounts are marketed aggressively using college letterhead and websites carrying the endorsement of colleges., This is not a sustainable pattern for the US Economy., Thrift Bank - the concept is a scam, to fee-paying students, travel card, Tricked by METABANK's publicity, Two problems found in METABANK's "No Credit Check" Cards, unbanked, Usury, We are all vulnerable to predatory practices of banks like METABANK, Western Union and MetaBank have joined forces, Where There Is Smoke There Is Fire

Tagged $5 charge for every transaction on the card, Bank locally, bank reforms are needed, Banking in the USA, Boycott Meta Bank, consumer complaints, consumer protection, debit travel card, Deceptive Marketing Tools Only Help Meta Bank, economy, Have you ever had any luck getting things resolved with Meta Bank? Did Meta Bank ever change the terms without warning?, Human Rights, META BANK fraud, we can't access our money at all

Posted by mrnd5 on October 27, 2013

https://mrnd5.wordpress.com/2013/10/27/solving-customers-problems-should-be-of-the-foremost-importance-metabank-abused-us-while-we-were-their-customer/

Meta Bank offers Visa Prepaid Cards – A Warning to Potential Partner’s of Meta Bank

Visa Prepaid Card Programs

Need more Information?

Call 1-877-xxx-xxxx to speak with a sales representative.

There are many different categories for prepaid card programs.

[Meta Bank only really offers one product. Meta Bank uses many different names and diverse marketing techniques, but the product is always the same. Meta Bank is a collections agency and they are designed to operate as a strong arm collection agency. Your customer base will be driven away by how Meta Bank abuses them.]

We will work with you to tailor a custom prepaid card solution to meet your company’s needs.

[Meta Bank excels in marketing. We have observed that Meta Bank basically courts other companies’ CEOs promising to address that partner company’s real needs, but META BANK is like “a wolf in sheep’s clothing”; Meta Bank will promise you and your company greater profits. At first, your bottom line may improve, but offended long term customers will discontinue to do business with you in the long haul. There is nothing new about what Meta Bank does but you will be led to believe that Meta Bank will improve your bottom line. It is a marketing gimmick that will appear to work at first, and then it will fail in the long term. META BANK is using your list of customer’s for their own financial gain; important data will be kept from you. We have seen this before]

We have broken down some of the more popular prepaid program types below.

Employee Rewards

When setting up a prepaid employee rewards program it is important to identify the goals the program is supposed to achieve, the determination of appropriate rewards and how the program will be communicated to your employees. We can provide you with a prepaid solution to fit your unique needs.

Employee Incentive & Recognition

[ Meta Bank uses this to get your employees to push their prepaid cards. Many consumers have complained about the horrible customer service they have gotten from META BANK.]

Sales Incentives

[The actual rewards for the income that META BANK CEOs will make is insignificant for the employees.]

Health & Wellness Programs

[ This is a new kink and marketing gimmick by META BANK, but it actually highlights that the Affordable Health Care Act is greatly needed.]

Safety Programs

[ OSHA is still in place.]

Customer Incentives

Engage existing customers and draw in new ones with a prepaid customer incentive program. An effective customer incentive program will increase purchase frequency and provide unique customer data that can add valuable insight into the behavior of your customers.

[This is publicity and marketing. Customers are complaining about this product and how they have been treated.]

Customer Loyalty

[ Do not confuse “Customer Loyalty will real and improved customer service, but with gimmicks that will eventually put the partner company out of business.]

Customer Retention

[ The loyalty cards are designed to keep customers coming back to the same store. Every competitor is offering the same gimmick now. This idea has already reached its limits and full potential; customer retention on the long term will only work if it is based on quality customer service…. META BANK will never be able to provide you as their partner with anything but a fierce collections system based on lying to your existing customers. META BANK will destroy any sense of trust that you may have previously provided by way of service.]

Referral Programs

[MetaBank gets other corporate entities to market their cards]

Promotions

[These “Promotions” are also gimmicky ways to get your employees to sell the MetaBank product. As Meta Bank customers, we have found their customer service to be abusive and predatory. Partner companies will end up losing customers over the long haul.]

Cards are issued by MetaBank ^TM, Member FDIC, pursuant

to a license from Visa U.S.A. Inc.

NOTE: If you have a problem using a VISA product that is offered by META BANK and you write to tell VISA that you are having a problem with their product, VISA will refer you back to META BANK and then META BANK’s Customer Abuse will begin in all earnest. Your life will become miserable. This was our experience using a VISA META BANK PREPAID CARD.

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by mrnd5 on October 13, 2013 • Permalink

Posted in Avoid This Service, Bank Reform and Proper Regulations are Needed, BANK REFORMS NEEDED TO BE CAREFULLY REGULATED, Bank Regulations must be enforced, Bank regulators shut down MetaBank payday loans, Banking, Banks are creating economic servitude in the USA, Banks have created all the rules for PREPAID CARDS, being manipulated, Big Corporations and Banks run the world, but it is still Meta Bank's same service and poor quality, Complaints Against Meta Bank, Consumer Advocate, Consumer Alert, Consumer Rights Advocacy, Consumers act to protect themselves and others from further bank fraud and customer abuses, Consumers align to protect yourselves, Consumers are Vulnerable: Help each other, Consumers being forced to use plastic, Consumers Demand Bank Reforms That Serve Their Real Needs, Consumers Join Forces to Protect Each Other from Bank Scams and Frauds, Consumers must speak out, Consumers suffer at the hands of METABANK, Corrupt Practices found within METABANK, Customer Complaints Abound Regarding how METABANK treats them., Customer Loyalty, Customer Loyalty Program, Customer Service at METABANK.com, Customer Service isn't listed as being one of META FINANCIAL GROUP INC areas of interest or studied skills, Customers of METABANK continue to complain about how they have been mistreated by METABANK, Customers' Scammed Repeatedly By METABANK, Disabled Veteran abused by METABANK, Do not give up control of your own money by using a prepaid card, Don't Invest in META BANK, Don't use PREPAID BANK CARDS of any kind, fast paced banking systems, fees required to talk by phone to NETSPEND, Fight Corruption, Financial Regulatory Reforms Needed, Getting by in a tough economy, Gift Cards May be Suspended After Purchase and without notice, Human Rights, Integrity, Internal Audits not able to cope with problems related to prepaid bank cards, Just Curious About Meta Bank's Ad Placement, Meta Bank and Banks like it are the source of the bad economy - stop talking about any politician at any point in history, META BANK bilks their customer base, Meta Bank charges customers for spending their own money, Meta Bank is nothing but a publicity scam, Meta Bank never accepts responsibility, Meta Bank operates using many different names, META BANK same poor service as always, Meta Bank Scams Americans, Meta Bank sells VISA and Mastercard Pre-Paid Cards, METABANK CEOs make huge annual incomes, METABANK customers are still complaining about the abuse they have received from METABANK, METABANK Customers complain about METABANK's mistreatment, METABANK designed the prepaid bank cards, METABANK lies to their own customers, METABANK practices are dragging the economy down, METABANK PREPAID CARD, METABANK uses false awards- false testimonials, METABANK's partner company provides METABANK with access to their customer base, METABANK's practices are narcissitic, METABANK's publicity is a lie and filled with false promises, METABANK's publicity says that their prepaid card will meet your specific needs but in reality they are the exact same card just using different publicitty, Ordinary customers can't get the METABANK PREPAID CARD TO SERVE THEIR NEEDS, payment cards that carry hefty costs, Payment Systems, PREPAID BANK CARD FRAUDULENT PRACTICES, Publicity or Factual, rebate cards, Respect Consumers, Rules Designed BY METABANK for the benefit of METABANK, seek revenue growth for themselves not you the customer, Staying Competitive at What Expense, Stop Meta Bank, Storm Lake IOWA, Suspicious Activity is within Meta Bank's internal practices and policies, This is not a sustainable pattern for the US Economy., Thrift Bank - the concept is a scam, Tricked by METABANK's publicity, Two problems found in METABANK's "No Credit Check" Cards, Usury, We are all vulnerable to predatory practices of banks like METABANK, Why does METABANK lie to their own customers?, You may be dealing with Meta Bank under a different name

Tagged Avoid Partnering with VISA META BANK, Banking in the USA, Customer Loyalty abused by Meta Bank, Customer Loyalty Program, Deceptive Marketing Tools Only Help Meta Bank, Have you ever had any luck getting things resolved with Meta Bank? Did Meta Bank ever change the terms without warning?, Human Rights, Meta Bank, Meta Bank lies, Meta Bank needs partner companies customer base to be able to work their scam, Meta Bank preys on the most vulnerable, Visa Prepaid Bank Card by Meta Bank - a scam, we can't access our money at all

Posted by mrnd5 on October 13, 2013

https://mrnd5.wordpress.com/2013/10/13/meta-bank-offers-visa-prepaid-cards-a-warning-to-potential-partners-of-meta-bank/

PREPAID BANK CARD are not acceptable forms of payment in the USA at many places

You will not have access to your own money and you give up control of your own money by using a PREPAID Bank Card.

Do you think that METABANK offers our elected senators and representatives the same prepaid bank card that is being offered to the general public????

If they were, then this problem would have been resolved long ago. It appears that METABANK through lobbyists like RUPLI are also wining and dining our elected senators and representatives so that these PREPAID BANK CARDS are being offered everywhere at this time. These prepaid cards are awful for the ordinary consumer. Some companies who partner with banks like METABANK may make a lot of fast money, but this practice of using PREPAID CARDS is not sustainable.

Corporations will not accept Prepaid Debit Cards in payment.

“A fellow traveler told us that when he was in Europe that no one would accept his METABANK issued “Travel Card” with a VISA logo on it.”

Just before his trip to Europe, he had been urged by one of METABANK’s corporate partner’s clerks to try out the METABANK “Travel Card”. That clerk also encouraged him as a travel promoter for his university to get others to buy the METABANK Travel.

It is obvious that the clerk was naive and being used to push the METABANK Travel Card.
Most likely she had been given a METABANK prepaid card as part of a corporate gift.

This was most likely followed by a form of an incentive to get those clerks to market the METABANK “Travel Card” by promising a small monetary gift, as in yet another gift card.
Please note that any money left on those prepaid cards are an interest free loan to an anonymous and unknown corporate entity, in this case METABANK, but that clerk had been the victim of a hard sell strategy.

The traveler mentioned above tried to phone METABANK from Europe using the number at the back of his card. He was unable to get any response while in Europe. Upon his return to the U.S.A., META BANK phone representatives told him that “He had used the card wrong.”

Of course, this is a lie. No company would accept the METABANK TRAVEL CARD in Europe.

Also a “RED FLAG” should go up when a company tries to push blame for problems that customers find in using their service back off onto the customer. METABANK by design holds onto their customers money and takes full control of their money. How much money that can be spent in any given day is limited so that METABANK, and any bank that operates like it, can get an interest free loan from that customer. This is a violation of a good faith relationship. Customers are being abused by METABANK.

If we hadn’t been so shamefully and unabashedly by METABANK, we wouldn’t be writing this blog to warn other consumers, but we were so grossly taken advantage of and lied to by METABANK that we must speak up against the practices used by METABANK.

Had only someone else warned us ahead of time, we may have been spared….

Corporations Will Not Accept the PREPAID Debit Cards….. Here is why:

Debit Card Policies

This location does accept bank debit cards with the MasterCard or Visa logo at the time of rental if you have arrived by air into the metro area. The renter must present a return airline ticket with a return date at the time of rental. The renter must be at least 25 years of age. You will be subject to a credit check to determine and ensure credit worthiness before releasing the car to you.

(Car Rental Company Name) reserves the right, in its sole discretion, to seek a Debit Card authorization hold in excess of the estimated rental charges. We will place a hold on your account of $200 plus the estimated rental charges. THESE FUNDS WILL NOT BE AVAILABLE FOR YOUR USE. When the rental is over we will process the reversal but the bank may take time to post it back to the account.

If you fail to return the vehicle as agreed, (Car Rental Company Name) will obtain additional authorizations from your account to cover the rental charges.

(Car Rental Company Name) is not responsible for any returned checks or over-drafts based on this policy.

Positive identification in addition to your driver’s license may be required.

In the United States, Debit, Cash or Check cards can be used at the end for payment of rental charges. For acceptable credit identification and payment methods in countries outside of the United States, please consult the Renter’s Guide and search for the specific location.

Note: Prepaid Debit/Gift cards are not acceptable methods of credit identification to pick up a car at any location. One of the above mentioned cards must be presented. Prepaid Debit/Gift cards are accepted at time of return only.

PAYING USING A PREPAID CARD ISN’T EASIER NOR IS IT SAFER FOR CUSTOMERS and yet this phrasing and empty promise is one of the primary focuses of the advertising used by METABANK to attract wary customers.

The truth of the arrangement is quite the opposite: PREPAID CARD/DEBIT CARD USERS will find their money is now out of their control. These customers will not have access to their own cash money; METABANK will not accept any kind of deposit on their prepaid cards except for cash money. Once METABANK has a customer’s cash money, the customer has given over control of their own money to an anonymous and unscrupulous entity. METABANK’s publicity is a form of false advertising. The PREPAID Bank Cards are a great money making deal for METABANK, and any other bank that follows their example and practices. For consumers, the prepaid bank cards, the debit cards, the gift cards are a nightmare. You are being cautioned not to enter into any kind of an agreement with METABANK because they have lied to so many other customers, including us, and they have kept us from having access to our own money when we needed it the most. Customer after customer have complained about the same identical problem when using DEBIT CARDS, PREPAID CARDS, TRAVEL PREPAID CARDS managed by METABANK.

Because METABANK uses other corporate entities to market their PREPAID CARDS, and because METABANK operates using so many different names, you may already be using a METABANK product without knowing it. Some customers have indicated that the PREPAID Card by METABANK worked as expected for a period of time and then they got scammed big time by METABANK and lied to by METABANK.

METABANK is first and foremost a collections agency and not a bank, especially not a bank in the sense that most people understand the term “BANK.”

METABANK got its start by catering to the underbanked and unbanked citizens in our community…. When you think about this, this means those people all around us who must live from pay check to paycheck. They are the working poor who are most targeted by METABANK. METABANK encourages them to have their salary check directly deposited into an affiliated account with their debit card. This gives METABANK far too much control over their customers’ assets and economic livelihood. If METABANK lied to others, as their customer, you will not be spared. Eventually, it will become your turn to be scammed too.

Customers are only an economic tool for METABANK. METABANK is not designed to provide a genuine customer service to their customer base. METABANK will only move onto to the net person, tell them what they want to hear as a way to hook them into using METABANK. METABANK is taking advantage of the rapid population growth that the world is experiencing.

METABANK is training other banks to follow their practices in annual seminars. Just because METABANK scams the general public and they can get others to do the same thing, this will never make METABANK’s practices moral, scrupulous or of any kind of genuine service to humanity.

Please do not do business with METABANK.

Please do not use PREPAID BANK CARDS.

METABANK will always push the blame for any problems that customers may encounter using their prepaid card back off onto the customer. METABANK Phone Representatives have been given a script, a list of lies to spew back to customers. Partner corporations who have been enticed to use the METABANK Prepaid Cards are give cards with different contact phone numbers on them and they are treated politely. These partner companies are often in disbelief when their customer complain about how they have been so grossly abused by METABANK.

Be forewarned to simply not do business with METABANK.

Don’t use PREPAID BANK CARDS ( they are only a money making deal for the banks, but awful for consumers)

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by mrnd5 on April 2, 2013 • Permalink

Posted in Advocate for your needs and concerns as a consumer, agreements with 520 campuses that enroll more than 4.3 million students, Annual Income of META BANK's CEOs, Bank Locally- Pay with Cash- Open a Savings Account -Don't Use Prepaid Debit Cards, Bank Publicity that is simply "Garbage Talk", Bank Reform and Proper Regulations are Needed, BANK REFORMS NEEDED TO BE CAREFULLY REGULATED, banking in Storm Lake IOWA, BankMeta lies to keep customers from their own money, Banks Designed To Keep Consumers in Debt, Banks have created all the rules for PREPAID CARDS, Banks Lying to Consumers To Trick Them into taking on Debt, Be sure to vote and then to follow up asking elected officials to serve you as a consumer, Big Corporations and Banks run the world, Colleges and banks rake in millions from the fees, Complaints Against Meta Bank, Consumer Rights Advocacy, Consumer Rights- consumers have no or few protections from predatory banking practices, Consumers act to protect themselves and others from further bank fraud and customer abuses, Consumers align to protect yourselves, Consumers are Vulnerable: Help each other, Consumers being forced to use plastic, Consumers Demand Bank Reforms That Serve Their Real Needs, Consumers Join Forces to Protect Each Other from Bank Scams and Frauds, Consumers Need To Save Money And Stay Out of Debt, Consumers Start Talking and Learning Real Facts About Banking, Consumers suffer at the hands of METABANK, Corrupt Practices found within METABANK, Creating Easy Preys Doesn't Make METABANK's Practices Moral, Customer Complaints Abound Regarding how METABANK treats them., Customer Service at METABANK.com, Customer Service isn't listed as being one of META FINANCIAL GROUP INC areas of interest or studied skills, Customer's being scammed by Money Network, Customers of METABANK continue to complain about how they have been mistreated by METABANK, Customers' Scammed Repeatedly By METABANK, David and Goliath -the consumer and METABANK's prepaid debit cards, Disabled Veteran abused by METABANK, Do not give up control of your own money by using a prepaid card, Does METABANK believe their customer base are unworthy?, Dollar General Pre-paid Card is Meta Bank, Don't Invest in META BANK, Don't pay using a debit card, don't take on more debt to pay off the first debt, Don't use PREPAID BANK CARDS of any kind, fees related to gift cards, Financial Regulatory Reforms Needed, Get Debit dot com is Meta Bank, Gift Cards are an interest free loan to an unknown bank, Gift Cards May be Suspended After Purchase and without notice, Green Dot is Meta Bank and Green Dot already has many complaints from customers, herd behavior, Holiday Gift Cards: have hidden fees, Integrity, J. Tyler Haahr only spouts empty legal jargon and empty wording with no real meaning other than to push the blame off onto others, Jackson-Hewitt and METABANK are partners, Jackson-Hewitt tax preparation services to be avoided, Just Curious About Meta Bank's Ad Placement, marketing is basically Meta Bank's major strength just behind collections, Meta Bank charges customers for spending their own money, META BANK continues same scam into end of 2012, Meta Bank denied one man his right to a fair and impartial trial. What kind of a world citizen is Meta Bank? We are tired of fighting the wars that Meta Bank causes., META BANK doesn’t serve the general public, Meta Bank is nothing but a publicity scam, Meta Bank never accepts responsibility, Meta Bank operates using many different names, Meta Bank Scams Americans, Meta Bank sells VISA and Mastercard Pre-Paid Cards, META BANK: Creating all the rules in their own favor, META FINANCIAL GROUP, META FINANCIAL GROUP INC & PREPAID CARDS FAIL CONSUMERS, META FINANCIAL GROUP INC continues to scam customers through the end of 2012, META FINANCIAL GROUP INC fails to address customers' real needs, META FINANCIAL GROUP INC is by design created to make money for their CEOs, META FINANCIAL GROUP INC pushes blame off onto their customers for their own design issues and internal operating problems, METABANK =TURBOTAX and both are scams, METABANK as the alpha baboon in our society, METABANK average employees earn wages below the poverty level, METABANK causes the late fees for customers, METABANK CEOs create and require all of the rules, METABANK CEOs make huge annual incomes, METABANK customers are still being scammed, METABANK customers are still complaining about the abuse they have received from METABANK, METABANK Customers complain about METABANK's mistreatment, METABANK designed the prepaid bank cards, METABANK donates large amounts of money to re-elect Steve King, METABANK fails to hear and to respond appropriately to customer's real needs, METABANK is a collections agency and not a bank, METABANK is a piece of crap, MetaBank is corrupt, METABANK lies to their own customers, METABANK operates using many different names, METABANK practices are dragging the economy down, METABANK uses both Pyramid and Ponzi Schemes, METABANK uses false awards- false testimonials, METABANK uses shills- stooges to market their product, METABANK's partner company provides METABANK with access to their customer base, METABANK's practices are narcissitic, METABANK's publicity is a lie and filled with false promises, METABANK's publicity says that their prepaid card will meet your specific needs but in reality they are the exact same card just using different publicitty, Money mules get METABANK PREPAID CARDS to work for them, Money Network is META BANK, More behind META BANK's scam than we may have previously realized, narcissism in US banking, Narcissism of Storm Lake IOWA, Narcissistic practices found to be within METABANK's operation, NBPCA is a scam on the American public, Netspend/Meta Bank makes life miserable, Nothing and no one has yet been able to put a stop to META BANK's scam, Ordinary customers can't get the METABANK PREPAID CARD TO SERVE THEIR NEEDS, Partner company - Jackson/Hewitt uses METABANK's PREPAID BANK CARD - avoid this scam, payment cards that carry hefty costs, Payment Systems, Payoneer uses top- of - the line secure technology and stringent regulations for customer authentication and identity verification, PayPower Visa by META BANK, Please help to stop the immoral banking practices of META BANK, Pre-paid Bank Cards don't work, PrePaid Bank Cards bad for consumers, PREPAID CARDS are not adequately regulated, PREPAID CARDS are not consumer friendly, PREPAID CARDS promoted by METABANK, PrePaid Name Brand Bank Card Association a non-profit is a scam, Publicity or Factual, Rules Designed BY METABANK for the benefit of METABANK, Scams by banks like METABANK, Stay Out of Debt, Stay out of debt- don't get loans to pay off loans, Staying Competitive at What Expense, Steve King (R-IA) received large campaign donation from James S. Haahr of Meta Bank, Stop Meta Bank, Storm Lake IOWA, Success shouldn't be about profits - People mattter, Suspicious Activity is within Meta Bank's internal practices and policies, Terrorism within the USA, The cards and accounts are marketed aggressively using college letterhead and websites carrying the endorsement of colleges., This is not a sustainable pattern for the US Economy., travel card, Tricked by METABANK's publicity, trying to manage regulatory regulations - still don't understand the problems they have caused, Two problems found in METABANK's "No Credit Check" Cards, unbanked, Usury, We are all vulnerable to predatory practices of banks like METABANK, Western Union and MetaBank have joined forces, What were Meta Bank's supervisors and internal auditors doing? Did they even exist? Why doesn't Meta Bank's Higher Ups ever know anything and have to push the blame around all the time?, Where There Is Smoke There Is Fire, Why does METABANK lie to their own customers?, Xoom and Meta Bank are one in the same, You may be dealing with Meta Bank under a different name

Tagged $5 charge for every transaction on the card, advertising, Bank locally, Boycott Meta Bank, Deceptive Marketing Tools Only Help Meta Bank, Have you ever had any luck getting things resolved with Meta Bank? Did Meta Bank ever change the terms without warning?, internet, META BANK fraud, Meta Bank lies, Meta Bank preys on the most vulnerable, Meta Bank Scammed me- Have they scammed you to?, META BANK SCAMS CUSTOMERS, reforms needed now, we can't access our money at all

Posted by mrnd5 on April 2, 2013

https://mrnd5.wordpress.com/2013/04/02/prepaid-bank-card-are-not-acceptable-forms-of-payment-in-the-usa-at-many-places/

METABANK CEOs make huge overly abundant annual incomes; The average METABANK employee doesn’t even make a living wage; they earn below the poverty level

“If we truly cared about the poor, we would have a federal living wage.” METABANK’s average employees earn wages that put them at poverty level or below while METABANK CEOs earn excessively large amounts of income annually

Are we ready for change?

By Michelle Singletary, Published: January 22

I listen to presidential speeches with an ear to the parts about personal finance. In President Obama’s second inaugural address, he made a few interesting points.

The first reference came when he said, “For we, the people, understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it.” [ This is the design plan for how METABANK believes they can find success by taking advantage of the underbanked/unbanked. METABANK often brags about “serving” the unbanked/underbanked, but what METABANK does is unscrupulous. METABANK creates a lot of fine print in which METABANK retains all control in many and varying ways…. Many former customers have complained for years. The complaints are always the same. METABANK has no intention of meeting customers real and very articulately expressed needs… METABANK, as far as American consumers are concerned is so consumed by their own profits that they fail to serve humanity or even their own customer base.]

I immediately wondered: Do we as a nation really understand this?

I don’t think so. If we did, I wouldn’t receive numerous e-mails from people criticizing programs that help those who fell into the housing sinkhole. Their complaint? Why should those people get help when I did all the right things financially and I don’t qualify for anything? The e-mail writers see irresponsible people who don’t deserve help. They don’t acknowledge the predatory practices that pushed some borrowers into mortgages they couldn’t afford.

Obama went on to say: “We believe that America’s prosperity must rest upon the broad shoulders of a rising middle class. We know that America thrives when every person can find independence and pride in their work, when the wages of honest labor liberate families from the brink of hardship.”

On his first point, I agree. The middle class is the focus of much of the country’s attention, but often at the expense of the poor. [ Think carefully about this because if the poor are suffering, the effects will spill over into all of society. Ignoring the working poor and then compounded by the fact that METABANK wants people to have their salary or government checks directly deposited into a checking account that is connected to a debit card with the promise that by using the debit card often that their customer base will be able to improve their credit history, but which only gives METABANK, a proven abuser of their customer base, full control of their depositors money. The fact that banks knowingly gave loans to people who had not real way to be able to pay for them is the real crime… yet those people aren’t in jail. METABANK’s track record and the shear number of customer complaints about how they have been lied to and abused by METABANK speaks for itself!!!!!]

If we truly cared about the poor, we would have a federal living wage.

The federal minimum wage is $7.25 an hour. How can families get decent housing, pay for the necessities (food, utilities, transportation) and save for retirement or their kid’s college education, as we constantly admonish them to do, on about $15,000 a year on one paycheck?

Many two-income households can’t make it on low-wage and even mid-wage salaries.

On raisetheminimumwage.com, a project of the National Employment Law Project, the advocates say the federal standard would be $10.58 an hour if pegged to inflation over the past 40 years. Even at that amount it would still be tough to make ends meet.

The law project released a report last year discussing twin trends during the recession —

the loss of mid-wage jobs (occupations with median hourly wages from $13.84 to $21.13)
and the growth of lower-wage jobs (median hourly wages from $7.69 to $13.83).

Lower-wage occupations were 21 percent of recession job losses but 58 percent of recovery growth, according to the report.
Mid-wage occupations were 60 percent of recession losses but only 22 percent of recovery growth.

“In short, America’s good jobs deficit continues,” the report said.

I’m about to send my oldest child off to college. Even if she goes to school in-state, it will cost more than $20,000 a year in tuition, fees, room and board.

How in the world could even a two-income family making minimum wage be able to save more than $80,000 to send a child to college? Yes, they could shave a lot off that cost by having their student attend a community college or pick a commuter-campus school. But it’s still a big financial hurdle to jump, assuming no other life issues come into play such as an illness or job loss.

Obama also talked about equal pay for women, arguing that “our journey is not complete until our wives, our mothers and daughters can earn a living equal to their efforts.” As the mother of two daughters, I’d like specifics on what more the president hopes to do to eliminate the gender pay gap.

I don’t believe enough people, as Obama claimed, “recognize that no matter how responsibly we live our lives, any one of us at any time may face a job loss or a sudden illness or a home swept away in a terrible storm.”

[It seems to us as consumers that METABANK is waiting to pounce on consumers at every and at any chance they can rationalize in their own minds. It will be for us as consumers to demand living wages for all jobs.]

Income inequality is increasingly dividing our country.

They arrogantly believe they have achieved success on their own.

And many have-nots often don’t help their case when they act financially irresponsibly.

[Worse yet when those same people made those poor choices based on false and misleading information…. We expect U.S. Banks to protect all of our assets and especially those of those most economically fragile, but that is where METABANK makes their biggest income… off of the poor.]

And yet even when they do make mistakes, we should have compassion and fight to maintain the social safety nets — Medicaid, Medicare, Social Security — that, as Obama said, “do not sap our initiative. They strengthen us.”

Obama still has hope.

“We are true to our creed when a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else,” he said.

I’ve known hunger.

I nearly ended up in foster care.

But I believed that I could succeed.

And I did it. But not alone. I had help. I had my grandmother.

And she had help through the state medical assistance program that she relied on so I could get treatment for rheumatoid arthritis.

Rising tides do lift all boats. Maybe soon, we the people will agree.

Readers may write to Michelle Singletary at The Washington Post, 1150 15th St. NW, Washington, D.C. 20071. Personal responses may not be possible, and comments or questions may be used in a future column, with the writer’s name, unless otherwise requested. To read previous Color of Money columns, go to postbusiness.com.

Well spoken, Michelle Singletary!!!

++++++++++++++

Much of this comes down to how we describe success, and the word “Success” is at this time a buzz word.

Success carries a different meaning for different people.

The first meaning or definition of Success that is given in the dictionary is “The accomplishment of an aim or purpose”

The second definition given for Success is “The attainment of popularity or profit.
What if an entity or even an individual was solely created so that they set out to do something that was detrimental to others?

Prosperity based on the sacrifice of or at the expense of the general welfare and well-being of others is immoral.

When success is defined, for example, in any of the following ways:

“We’re looking for something where we can make something happen: an industry where the competition is asleep, hasn’t taken advantage.” ~ unknown entrepreneur **
“Banks and other providers of credit to households have been competing vigorously to expand or protect their market share. In the process, lending standards have been progressively eroded so that lenders are now engaging in practices that would have been regarded as out of the question five or ten years ago.” I. M.- Banks – Competition – Risk – Growth **

“Marx was right when he said capitalism would destroy itself as capitalist would eat capitalist until they became so big they could not compete.” D. S. – Capitalism – Growth – Competition vvvv
“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.” J. W. – Action – Learning – Competition
“We worry about staying competitive as well as continue to come up with new things” J.Y. – Competitive xyz

“Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market.” C. K Business – Products – Politicians – Competition **
“You’ve got to look for a gap, where competitors in a market have grown lazy and lost contact with the customer base” R.M. Growth – Competition – Lazy – Customers **
“I have always loved the competitive forces in this business. You know I certainly have meetings where I spur people on by saying, “Hey, we can do better than this. How come we are not out ahead on that?” B.G. Innovative – Improvement – Competition – Encouragement **
“I believe that competition in the future will not be only an advertising competition between individual products or between big associations, but that it will in addition be a competition of propaganda.” E.B. – Competition – Propaganda – Advertising – Products – Big Business xxxx
“If you’re attacking your market from multiple positions and your competition isn’t, you have all the advantage and it will show up in your increased success and income.” J. A. – Marketing – Competition – Success >>>

Then success is at the expense of humanity, of peace, of healing the wounds in society

** If a business, a corporation, or a bank like METABANK/BANKMETA, seeks to distract their own employees from what the CEOs are really asking of them as employees so that even the employee doesn’t understand that what they are doing is immoral, this is a failure to exercise the care that a reasonable person would exercise in the same or similar situation. This is illegal.

METABANK/BANKMETA requires their customer representatives to lie on the phone…. What inspires these employees to lie? It appears that they are lying using a script/ a list of lies or standardized reasons for why that customer can’t access even their own money.

** “I have always loved the competitive forces in this business. You know I certainly have meetings where I spur people on by saying, “Hey, we can do better than this. How come we are not out ahead on that?” B.G. Innovative – Improvement – Competition – Encouragement

METABANK requires their underpaid employees to do the dirty work of lying to other people who most likely are more like them than Haahr, Leedom or Moore. Why would such underpaid employees lie for METABANK?

Please think about all of the implications in this… We are being mislead by corporate powers to believe and do things that if we had considered them, we never would have done them. METABANK tellers are required to have a GED or a high school diploma.

>>> If a business indicates that they are attacking the market from multiple positions and their competition isn’t, this “successful” entrepreneur indicates that the company, the business, the corporate entity, or a bank like METABANK, will have all the market advantage.

NO mention is made of serving the needs, those real needs of their customer base. The expressed desire is a competitive advantage that will increase the profits for the CEOs….. Please note that only the CEOs, those at the top make $700,000.00 a year in income. METABANK is an Iowa based bank; here is a list of the average salaries for bank employees in Iowa:

Average Salary of Jobs with Related Titles


Service Representative Bank Teller in Iowa	$17,000
Bank Teller Temporary in Iowa	$12,000
Bank Teller National in Iowa	$11,000
Teller Manhattan in Iowa	$19,000
Teller Community Market in Iowa	$23,000
Bank Teller in Iowa	$18,000
Branch Specialist in Iowa	$28,000
Teller Supervisor in Iowa	$30,000
Universal Banker in Iowa	$33,000
Teller Float in Iowa	$19,000
Sales Base Allowance in Iowa	$86,000
Senior Teller in Iowa	$25,000
Cash Vault Teller in Iowa	$17,000
Bilingual Financial Service Representative in Iowa	$19,000
Service Representative Teller in Iowa	$12,000

In USD as of Jan 27, 2013

METABANK/BANKMETA’s home base is located in Storm Lake, Iowa.

Here are the average annual incomes for bank employees in Storm Lake, Iowa:

Average Salary of Jobs with Related Titles

In USD as of Jan 27, 2013		25k	50k	75k
Service Representative Bank Teller in Storm Lake, IA	$11,000
Bank Teller Temporary in Storm Lake, IA	$8,000
Bank Teller National in Storm Lake, IA	$7,000
Teller Manhattan in Storm Lake, IA	$13,000
Teller Community Market in Storm Lake, IA	$15,000
Bank Teller in Storm Lake, IA	$12,000
Branch Specialist in Storm Lake, IA	$18,000
Teller Supervisor in Storm Lake, IA	$20,000
Universal Banker in Storm Lake, IA	$22,000
Teller Float in Storm Lake, IA	$12,000
Sales Base Allowance in Storm Lake, IA (Not sure what this position really is)	$57,000
Senior Teller in Storm Lake, IA	$16,000
Cash Vault Teller in Storm Lake, IA	$11,000
Bilingual Financial Service Representative in Storm Lake, IA	$12,000
Service Representative Teller in Storm Lake, IA	$8,000

Storm Lake, Iowa hires bilingual Financial Service Representatives, but in what ways is METABANK planning to provide a service to non-native English speakers?

Also of note, is that the salaries of bank employees in Storm Lake, Iowa are lower than their own state’s average.

Let’s look closer at how METABANK/BANKMETA operates:

2012 Poverty Guidelines for the
48 Contiguous States and the District of Columbia
Persons in family/household	Poverty guideline
1	$11,170
2	15,130
3	19,090
4	23,050
5	27,010
6	30,970
7	34,930
8	38,890
For families/households with more than 8 persons, add $3,960 for each additional person.

Tellers in Storm Lake, Iowa make an annual salary of $8,000.00

While “Sales Base Allowance in Storm Lake, IA” (Although we aren’t really sure what this position is all about, it appears that sales, publicity and marketing bank products for Storm Lake, Iowa banks such as METABANK/BANKMETA) make $57,000.00 per year. We have often noted that METABANK/BANKMETA creates impressive publicity, but the product which is the same product but offered using a different name, simply doesn’t measure up to the promises in their own publicity….. False advertising amounts to predatory banking practices.

“Sales Base Allowance in Storm Lake, IA” as bank employee makes a whopping $57,000.00 as compared to the $8,000.00 that “Service Representative Teller in Storm Lake, IA” make, and the $7,000.00 that is annual salary for the “Bank Teller National in Storm Lake, IA”, and the $ 11,000.00 ”Service Representative Bank Teller in Storm Lake, IA” (note the addition of the word ‘bank’ to create a different pay level from a ”Service Representative Teller in Storm Lake, IA”) makes in the same city.

All of these pay scales creates the working poor, the same targeted customer base to which METABANK caters. A one person household must earn at least $11,170 to remove themselves from being considered as living in poverty according to the 2012 Poverty Guidelines for the 48 Contiguous States and Washington, D.C

$13,214.29 is the overall average of the employees of banks in Storm Lake, Iowa.

Because METABANK/BANKMETA is home-based in Storm Lake, Iowa it follows that the METABANK/BANKMETA pay scale for their employees would closely parallel these averages.

The unusually high salary of $57,000.00 given to ”Sales Base Allowance in Storm Lake, IA” was not included in this average because it was so greatly different from all of the salaries earned by other bank employees.

A two person household must have at least $ 15,130.00 annual income just to be able to get by.

However, the average salary of bank employees in Storm Lake, Iowa is only $13,214.29.

We can all then assume that METABANK/BANKMETA employees for the most part live at or close to poverty levels. METABANK hires and keeps their employees in a fragile economic state.

The average employee of METABANK/BANKMETA lives in poverty. They are the working poor who live from paycheck to paycheck just to survive.

METABANK’s CEO’s annual incomes

J. Tyler Haahr has been appointed as Chairman of the Board, President, Chief Executive Officer of Meta Financial Group, Inc., and MetaBank, a subsidiary of Meta Financial Group, Inc. The Board of Directors elected Mr. Haahr to serve as its Chairman effective October 1, 2011. He follows his father in that same position. Haahr has been employed by Meta Financial and its affiliates since March 1997, and his “BASIC COMPENSATION” is:

Total Annual Compensation, USD 396,550

Long-Term Incentive Plans, USD –

All Other, 280,768

USD Fiscal Year Total, USD 1,001,860

(This amount alone is far more than what the average employee makes at METABANK…. yes, that customer service representative who lies to you over the phone isn’t doing it because they themselves are making a great income by doing this to people who are more like them than Haahr is…. We find this to be rather bizarre.)

J.Tyler Haahr also receives: OPTIONS COMPENSATION

Quantity Market Value

Excercisable 96,164 553,935.00

Unexercisable 9,375 –

Excercised 30,600 370,581.00

This amount is far more than the average employee at METABANK

Haahr makes an additional amount in options income of $924,516.00 and that alone is way more money than the average salary than most of the employees of METABANK.

$924,516.00 + $1,001,860.00 = $1,926,376.00

Haahr makes at least $1,926,376.00 from his affiliation with METABANK. It can be assumed that he is also invested in other corporate entities. Banks don’t pay great interest on savings accounts at this time so it is highly probable that J. Tyler Haahr is well invested in various entities.

vvvv ”Marx was right when he said capitalism would destroy itself as capitalist would eat capitalist until they became so big they could not compete.” D. S. – Capitalism – Growth – Competition

In the USA, we have prided ourselves on having a strong middle class. A strong middle class has been associated with stability. We had south America and their state of chaos paraded before us in Social Studies Classes for a number of years. The political upheavals were attributed to the disproportionate distribution of wealth. We watched as South America appeared to be in war and war with coup after coup…. (Then we may perchance meet someone from Central or South America who tells us that the U.S.A. was involved in what was happening in their countries all along… It was our corporate power houses who were funding upheavals in Central and South America to gain access to raw materials in a way that would allow US Corporate entities to flourish.)…

…Still, U.S. text books continued to indicate that the presence of a strong middle class is what brought citizens of the USA stability and prosperity. This makes the assumption that the middle class actually exists and that their vote actually counts for something. The role of lobbyists may have been glossed over for the power they are able to be able to push policy through in the US Senate and the US House that may not actually serve the general public in any kind of positive way.

Small businesses are just about impossible to start up at this time in the U.S.A. Now we find in the USA that great divide between the rich and the working poor, just like what we had been told existed and which had caused chaos and internal military coups one after the other.

Some Americans complain that “Those people are coming up here to take our jobs.” I over heard this at a mall, and I knew that those two old men had never stooped walking through fields to harvest crops nor had they worked as custodians or hotel housekeepers. Once the owners broke the meat packing industry’s union, those meat packing companies can’t find native born U.S. citizens to work in their meat packing company in the U.S.A. In recent news, we have read that union busting continues and that it is expanding. Caution is advised here.

The middle class may no longer exist in the USA, but it also isn’t fair to expect people to work and to exist in a state of poverty that amounts to being a form of economic servitude.

“America’s good jobs deficit continues”

Good jobs means those that pay a wage that will keep hard working people out of being in a state of poverty and from having to live in a state of economic instability.

METABANK’s practices basically seek to create a form of economic servitude so that the CEOs of METABANK can get richer and richer. The values and the definition for success found in the way that METABANK does business is destructive for what we have longed prized as being our fundamental American values.

********

METABANK’s CEO’s annual incomes

David W. Leedom serves as Chief Financial Officer, Executive Vice President, Treasurer, Secretary of Meta Financial Group, Inc. He is Executive Vice President, Secretary, Treasurer, and Chief Financial Officer of the Company after being appointed to the position on January 28, 2008. Additionally, Mr. Leedom is a member of the Executive Committees for both the Company and the Bank.

He previously served as a Senior and as an Executive Vice President for BankFirst for 11 years prior to joining Meta in January 2007; his experience at BankFirst included his positions as EVP of Accounting and Finance and Credit Portfolio Management. Mr. Leedom’s experience also includes 11 years at Citibank.

BASIC COMPENSATION

Total Annual Compensation, USD 229,056

Long-Term Incentive Plans, USD –

All Other, USD 194,963

Fiscal Year Total, USD 586,209

OPTIONS COMPENSATION – none listed

David Leedom takes in at least $586,209.00 each year from METABANK. No options compensation is listed. That is rather odd. The average METABANK employee earns at a level close to or below what is considered to be the poverty level.

$586, 209.00 is far above the poverty level so that Leedom’s family can live very comfortably. Given this amount of income, it can also be assumed that Leedom is investing elsewhere too. Bank interest just doesn’t make much money for bank customers.

Unless different rules apply to Haahr and Leedom, we must assume that they have a very diversified portfolio. What interests do they hold in other countries that may influence how they operate elsewhere?

“We worry about staying competitive as well as continue to come up with new things” J.Y. – Competitive xyz METABANK offers the same same product but changes the name of the product. METABANK only can appear to be competitive, but through that illusion they work their scam and make money. Nothing is morally sound nor does it serve to build up our society.

The thought process within and driving METABANK’s actual practices is aberrantly conceived so they are predatory and abusive.

******

METABANK’s CEO’s annual incomes

Troy Moore III, is Chief Operating Officer, Executive Vice President, Director of Meta Financial Group, Inc. Moore is Executive Vice President and Chief Operating Officer of Meta Financial Group, Inc. The Board of Directors appointed Troy Moore III to fill the vacancy on the Board of Directors created by James S. Haahr’s retirement, effective October 1, 2011. Previously, Mr. Moore was the president of the Central Iowa Market of MetaBank, a position he from 1998 to 2005. He joined MetaBank in 1997 as a Vice President in the Central Iowa Market.

The reported “BASIC COMPENSATION” for Troy Moore III is:

Total Annual Compensation, USD 189,999

Long-Term Incentive Plans, USD –

All Other, USD 269,689

Fiscal Year Total, USD 459,688

No “Options Compensations” are listed for Moore. However, $459,688.00 is such a significant amount of income that he could be investing quite well. What Moore, Haahr and Leedom make each year exceeds what its absolutely necessary to be able to survive. Given their annual incomes and assuming that these amounts are accurate, what Haahr, Leedom and Moore make far more each year than the average employee at METABANK, the ones hired to lie to their own customers…

…Troy Moore III’s annual income far exceeds the income of the average employee at METABANK. It is those low paid METABANK who doing the lying, as instructed by their CEOs, to the customers of METABANK. They are the ones who must do the dirty work of lying, but why lie????

….As a former customer, I had to ask “Why lie?” I had never seen such awful customer service before.

The lies were bold and blatant lies, but METABANK had all control of my money and kept it from me when I needed it the most. The publicity that stated their prepaid cards were safer and more secure than using cash; that is true for METABANK, but not true fort customers. METABANK’s prepaid cards are a real money maker for them, and even if applied according to the myths they promote in their own publicity, METABANK would be making huge amounts of money.

The need to make more each year than the year before amounts to a form of greed and reflects a perverted image of what constitutes success.

xxxx “I believe that competition in the future will not be only an advertising competition between individual products or between big associations, but that it will in addition be a competition of propaganda.” E.B. – Competition – Propaganda – Advertising – Products – Big Business

It appears that although METABANK excels in doing publicity that their publicity promotes a product that in reality doesn’t serve customers in the way they say it will. It also appears that METABANK needs their competition to imitate their product so that their practices “can become normalized” and made to be perceived as common practice when it is a great fraud and abuse of the American people in the way that they do business and the way that they treat their customer base, humanity, ordinary people like you and me. We are all being scammed together… It is just that some haven’t realized it yet.

*******

Bradley C. Hanson serves as Executive Vice President, Director of Meta Financial Group, Inc., and Executive Vice President of MetaBank, a subsidiary of Meta Financial Group, Inc.

He serves on the Board of Directors and Executive Committee for the Network Branded Prepaid Card Association. Hanson has been employed by MetaBank since May 2004. From 1991 until joining MetaBank in May 2004, Mr. Hanson was employed by Bankfirst in Sioux Falls, South Dakota, where he served in a variety of capacities,including Senior Vice President of Payment Systems from March 2001 to April 2004. Hanson received his B.A. degree in Economics from the University of South Dakota in 1988. He attended the ABA School of Bankcard Management at the University of Delaware in 1996 and the ABA Graduate School of Bankcard Management at the University of Oklahoma in 1997.

Hanson has been a director of the Company since 2005.

BASIC COMPENSATION

Total Annual Compensation, USD 360,500

Long-Term Incentive Plans, USD –

All Other, USD 252,753

Fiscal Year Total, USD 998,867

OPTIONS COMPENSATION

Quantity Market Value

Excercisable 15,621 32,454.00

Unexercisable 55,000 105,350.00

Excercised — –

Bradley C. Hanson’s annual total income is then:

$998,867.00 + $32,454.00 + $104,350.00 = $1,135,671.00

$1,135,671.00 is so much more income than the average employee at METABANK.

In fact, METABANK’s average employee make so little that they would for the most part be classified as the working poor, who live from pay check to pay check, in a state of financial instability and financial insecurity.

How does Hanson serve the well-being of humanity? It appears that the driving factor behind the way that METABANK operates is abusive of their customer base.

These are the people who are expected to manage the daily ordinary operations involving customer’s deposits.

Is this a wise decision by the CEOs of METABANK to underpay the majority of their employees?

** “Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market.”

C. K Business – Products – Politicians – Competition **

METABANK helped to create NBPCA. Together they paid far more than any other entity in 2009 to Rupli and Associates, Lobbyists in Washington D.C to advocate for legislation that would help them to market their prepaid cards so the METABANK CEOs could make more and more money each year.

Money seems to beget yet more money, but this shouldn’t happen at the expense and through the abuse of the majority of the American people.

So many customers over a period of years and years have complained about the unacceptable customer service they have received by using METABANK. METABANK makes all the rules and enforces them to their own benefit…. well, the benefit of their own CEOs while getting their low paid employees so little that they find themselves in a state of being among the working poor and then something is said to those employees to entice them to lie to people who are far more like them than the METABANK CEOs.

http://www.nbpca.com/nbpca-events.aspx

** “I have always loved the competitive forces in this business.

You know I certainly have meetings where I spur people on by saying, “Hey, we can do better than this.

How come we are not out ahead on that?”

B.G. Innovative – Improvement – Competition – Encouragement **

It appears that METABANK uses this technique to get their low paid employees to lie for them.

Something is very wrong within the way that METABANK perceives they should treat humanity. For METABANK, making a profit is how they define success, but to such a perverted degree that they have given themselves permission to abuse their customers and the predatory ptractices found in the way they do publicity.

METABANK is not a proper role model for any other financial institution anywhere.

Similar Companies to Meta Bank:

Camden National Bank
Situated in the Camden, ME area, Camden National Bank is a member of the Banks industry. Their Lead411 profile provides quality data containing valuable information like cfo info, social data, linkedin urls, other contacts, and data points on Camden National Bank’s CEO Gregory Dufour. If you need to send messages to Camden National Bank email addresses, you can find those addresses here attached to their domain of @camdennational.com. So far, Camden National Bank has greater than 250 employees and annually registers more than fifty million in income. At this time, there are 16 jobs up on their site, but those who are employed with them at this time have salaries within the range of $51452.

Guaranty Federal Bancshares, Inc
Guaranty Federal Bancshares, Inc, a company that works within the Banks, industry, has greater than 100 employees, with the company netting more than ten million in yearly revenues. This Springfield, MO-based business has 4 job openings at this time with their staff earning wages of about $72713. Their profile on Lead411 presents significant data such as cfo contacts, linkedin data, and Guaranty Federal Bancshares, Inc email addresses with the @gbankmo.com domain as well as quality contact info regarding Guaranty Federal Bancshares, Inc’s CEO Shaun Burke. They have their head office in Springfield, MO.

Bank Mutual Corporation
Bank Mutual Corporation, a Banks company, is based in Milwaukee, WI. It has greater than 500 employees and marks an annual income of more than twenty million. They can be reached through Bank Mutual Corporation email addresses indicated on their Lead411 profile with a domain of @bankmutual.com. Aside from email information, their Lead411 collection of data also includes details about Bank Mutual Corporation’s CEO Michael Crowley, chief financial officer contacts, facebook and linkedin profiles, etc. Salaries in Bank Mutual Corporation are somewhere in the amount of $80440, and currently there are 4 jobs available in the company.

BCSB Bankcorp, Inc
Have you been searching for BCSB Bankcorp, Inc’s contact information for hours? Have you been trying to find BCSB Bankcorp, Inc’s CEO Joseph Bouffard’s @baltcosavings.com domain email address? We have other BCSB Bankcorp, Inc email addresses as well. Check out their pertinent company details on their Lead411 profile and find that they already have greater than 100 employee and a yearly income of more than ten million. As for salary, their employees earn within the range of $73381 and as of the moment there are 1 jobs available based on their site. BCSB Bankcorp, Inc is a Banks business and is based in Baltimore, MD and more information like linkedin facts, cfo executives and facebook profiles can be found within the Lead411 profile.

F.N.B. Corporation
Situated in the Hermitage, PA area, F.N.B. Corporation is a member of the Banks industry. Their Lead411 profile provides quality data containing valuable information like cfo info, social data, linkedin urls, other contacts, and data points on F.N.B. Corporation’s CEO Stephen Gurgovits. If you need to send messages to F.N.B. Corporation email addresses, you can find those addresses here attached to their domain of @fnbcorporation.com. So far, F.N.B. Corporation has greater than 1000 employees and annually registers more than one hundred million in income. At this time, there are 2 jobs up on their site, but those who are employed with them at this time have salaries within the range of $44352.

++++++++++++++++++++

What is needed at this time?

Bank Regulations need to be enforced
Proper Bank Regulations are needed

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by mrnd5 on January 28, 2013 • Permalink

Posted in Bank Reform needed, METABANK average employees earn wages below the poverty level, METABANK CEOs create and require all of the rules, METABANK CEOs make huge annual incomes, Staying Competitive at What Expense, Success shouldn't be about profits - People mattter

Tagged BANKMETA is METABANK, Competition fails humanity, METABANK CEOs earn ridiculous huge annual incomes, METABANK's average employee earns below the poverty level, Predatory Banking Practices at METABANK, When advertising becomes propaganda, when advertising is no more than part of a bigger lie

Posted by mrnd5 on January 28, 2013

https://mrnd5.wordpress.com/2013/01/28/metabank-ceos-make-huge-overly-abundant-annual-incomes-the-average-metabank-employee-doesnt-even-make-a-living-wage-they-earn-below-the-poverty-level/

All posts in category Staying Competitive at What Expense

The ultra-rich are world’s new dictators

Democracy at risk as oligarchy spreads

But this isn’t only Russia’s problem.

Can we stop the trend?

We have wondered how the METABANK employees who answer the phones as customer service representatives actually feel about what they do.

Certainly they must know they are lying to people, ordinary people who are just like them.

Statistics show that bank tellers in Storm Lake Iowa earn salaries that place them below poverty level. How desperate can these phone representatives be? Have they been so mislead that they believe in what they are doing?

At Work: Job, self-esteem tied tightly together

Feedback on the job can be a buffer against depression.

Alpert says he also sees a lot of another type of depression — in people who are employed.

Feeling stuck in a position “can bring about a sense you have no control over your situation,” Lombardo says. “Feeling powerless can cause depression. And depression can lead to getting demoted.”

Depression takes a toll on a person — employed or jobless — as well as the economy.

Make it easy for frustrated customers to contact you, get problems solved. You’ll create loyal clients.

In the past 30 days, I canceled service with three companies I’ve used for years.

Customer service was the reason. It was that bad.

But I kept my business with another company even though its actual service keeps messing up. That business’ customer service is that good.

As long as companies offer things to buy and services to use, folks will need help.

Companies claim to know how important these front-line jobs are. They say they strive for a “customer-first mindset,” “transparency and accountability,” “positive customer relationships” and “consistent and efficient delivery of superior customer service.”

So why don’t more customer-service reps deliver? Is it the company or the employees?

Likely both.

Finding contact information can be like a game of hide-and-seek.

People who get into customer service tell me they love to solve problems.

Yet “I can’t help you with that” are the last words that a lot of people hear from a customer-service rep.

I contend that more people would like their customer-service jobs and customers would be happier if they did what Jesse Richardson does.

Seriously.

If you want a satisfying career helping solve problems for people who are frustrated, confused and sometimes angry, care for them no matter what.

Find a great company that values them and you.

Visa Prepaid Card Programs

Need more Information?

Employee Rewards

Customer Incentives

Cards are issued by MetaBank TM, Member FDIC, pursuant

to a license from Visa U.S.A. Inc.

You will not have access to your own money and you give up control of your own money by using a PREPAID Bank Card.

Corporations Will Not Accept the PREPAID Debit Cards….. Here is why:

PAYING USING A PREPAID CARD ISN’T EASIER NOR IS IT SAFER FOR CUSTOMERS and yet this phrasing and empty promise is one of the primary focuses of the advertising used by METABANK to attract wary customers.

Please do not do business with METABANK.

Please do not use PREPAID BANK CARDS.

Be forewarned to simply not do business with METABANK.

Don’t use PREPAID BANK CARDS ( they are only a money making deal for the banks, but awful for consumers)

Are we ready for change?

By Michelle Singletary, Published: January 22

If we truly cared about the poor, we would have a federal living wage.

The federal minimum wage is $7.25 an hour. How can families get decent housing, pay for the necessities (food, utilities, transportation) and save for retirement or their kid’s college education, as we constantly admonish them to do, on about $15,000 a year on one paycheck?

Many two-income households can’t make it on low-wage and even mid-wage salaries.

the loss of mid-wage jobs (occupations with median hourly wages from $13.84 to $21.13)

and the growth of lower-wage jobs (median hourly wages from $7.69 to $13.83).

“In short, America’s good jobs deficit continues,” the report said.

I don’t believe enough people, as Obama claimed, “recognize that no matter how responsibly we live our lives, any one of us at any time may face a job loss or a sudden illness or a home swept away in a terrible storm.”

[It seems to us as consumers that METABANK is waiting to pounce on consumers at every and at any chance they can rationalize in their own minds. It will be for us as consumers to demand living wages for all jobs.]

Income inequality is increasingly dividing our country.

They arrogantly believe they have achieved success on their own.

And many have-nots often don’t help their case when they act financially irresponsibly.

And yet even when they do make mistakes, we should have compassion and fight to maintain the social safety nets — Medicaid, Medicare, Social Security — that, as Obama said, “do not sap our initiative. They strengthen us.”

Obama still has hope.

“We are true to our creed when a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else,” he said.

Well spoken, Michelle Singletary!!!

++++++++++++++

When success is defined, for example, in any of the following ways:

Average Salary of Jobs with Related Titles

Service Representative Bank Teller in Iowa

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Teller Manhattan in Iowa

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Bank Teller in Iowa

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Universal Banker in Iowa

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Sales Base Allowance in Iowa

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Bilingual Financial Service Representative in Iowa

Service Representative Teller in Iowa

METABANK/BANKMETA’s home base is located in Storm Lake, Iowa.

Here are the average annual incomes for bank employees in Storm Lake, Iowa:

Average Salary of Jobs with Related Titles

Service Representative Bank Teller in Storm Lake, IA

Cards are issued by MetaBank ^TM, Member FDIC, pursuant