METABANK and the Bank Secrecy Act of 1970

METABANK abuses this concept:


The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.

Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, and file reports of cash purchases of these negotiable instruments of more than $10,000 (daily aggregate amount), and to report suspicious activity that might signify money laundering, tax evasion, or other criminal activities.

Many banks will no longer sell negotiable instruments when they are purchased with cash, requiring the purchase to be withdrawn from an account at that institution.

[Customers have complained that METABANK has kept their own cash money from them by saying they may have detected fraudulent practices on their prepaid cards. This is a form of customer abuse.

METABANK has put their customers in difficult situations because they hold onto the customer’s money so that the customer’s can’t even pay their own routine bills…

METABANK publicity says that their prepaid cards are safer and more secure; this simply isn’t true from a customer’s perspective.

METABANK, once they have control of a customer’s cash money,   takes full control of that money….

They scammed me and lied to me so they could get an interest free loan for themselves… I wouldn’t wish METABANK on another person!!!]

Logo of MetaBankMetaBank is a federally chartered savings bank.

Its primary banking businesses are

      • deposits,
      • loans and
      • other financial products and services

to meet the needs of its commercial, agricultural and retail customers and

MetaBank’s electronic payments division, Meta Payment Systems (MPS). [ Note:To meet the needs of their own electronic payments division.]


Total assets: US$ 1.275 billion (as of September 30, 2011). Net income: US$ 4.6 million (2011).

Meta Financial Group, Inc. (MFG) is the holding company for MetaBank.

MetaBank operates twelve bank offices in four market areas: Central Iowa; Northwest Iowa; Brookings, South Dakota and Sioux Empire, South Dakota.




From Wikipedia, the free encyclopedia
MetaBank is a savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc. (NASDAQ: CASH), is the holding company for MetaBank, Meta Payment Systems, and Meta Trust Company.
The Meta Payment Systems (MPS) division of MetaBank based in Sioux Falls, South Dakota, is engaged in the prepaid card industry and provides payment solutions delivered nationally in collaboration with other partners.
MPS focuses on offering product solutions in the following areas:
(i) prepaid cards,
(ii) credit cards and lending solutions, and
(iii) ATM sponsorship. [Please note that we have previously observed that METABANK is primarily a collections agency and these three focuses support that observation….. Please be warned. Don’t bank with METABANK. Don’t become a business partner with METABANK if you are a business entity.]

Metabank building in Storm Lake, Iowa

In October 2010, MetaBank was ordered by bank regulators of the federal Office of Thrift Supervision (since subsumed as part of theOffice of the Comptroller of the Currency) to halt use of their iAdvance lending program associated with some pre-paid MetaBank debit cards, as they had been engaging in deceptive trade practices.[1] [2] The iAdvance program offered MetaBank debit card holders with the direct deposit feature an option to withdraw or spend funds when their account held an insufficient balance, with the shortage to be advanced by a payday loan secured by their next upcoming direct deposit. The loans had a maximum term of 35 days, steep interest rates, and a transaction fee of $2.50 for each $20 increment of the advance. [3]

In 2010, the bank supplied credit cards used by 14 suspects of the killing of Mahmoud al-Mabhouh in Dubai.[4][5

  1. ^ “OTS Bank Regulators Penalize MetaBank Over Payday Loans”. 2011-07-18. Retrieved 2012-07-19.
  2. ^ “MetaBank to pay 5-2M over deceptive iAdvance Loans”. 2011-07-18. Retrieved 2012-07-19.
  3. ^ Rust, Adam. “MetaBank Complies with OTS Cease and Desist Order”. Bank Talk blog. Bank Talk. Retrieved 2012-07-19.
  4. ^ “Dubai identifies 15 new suspects in Hamas killing”. BBC News. 2010-02-24. Retrieved 2011-02-23.
  5. ^ “Cable Viewer”. Retrieved 2011-02-23.

CIA & Mossad Banking and International Organized Crime

CIA & Mossad Banking, Money Laundering and International Organized Crime Joint Venture

As previously reported, many of the suspects that murdered Mahmoud al-Mabhouh in Dubai earlier this year used MasterCards branded by US banking institution MetaBank of Storm Lake, Iowa and issued by US prepaid debit card company Payoneer Inc.

The suspects used the credit cards to buy plane tickets and other items related to the assassination operation in Dubai. It was also previously reported that Payoneer’s CEO, Yuval Tal, is a former member of the IDF Special Forces.

The Metabank, Storm Lake, Iowa banking institution that branded the suspects MasterCards, also owns and operates, an online

Swiss bank database built specifically to provide “discreet” access to private, retail and investment banks domiciled in Switzerland.

The organization was put together to help “investors” find a “safe haven”.

Mossad use this safe haven to discreetly move money internationally for their operations.

Metabank provides secret access to independent entities capable of protecting and hiding money from modern quasi-governmental economy and blind-sighted regulators.

As you know, Swiss banks are today’s gold standard of reliability and assets protection, and this site lists their profiles, contacts and statistical summaries.

Metabank is associated with:
The Federal Authorities of the Swiss ConfederationSwiss Federal Banking Commission
Association for Investment Management and Research
Association of Swiss Commercial and Investment Banks
International Capital Market Association (ICMA)
Swiss Financial Analysts Association
Swiss Association of Asset Managers
Swiss Financial Market Supervisory Authority
Swiss Foreign Bankers’ Association
Swiss Interbank Clearing
EURO Interbank Clearing
[ The Prepaid METABANK CARD cannot be read by Euro Zone merchant’s card readers – METABANK would know that before selling such a travel card, but they sold it anyway]
Swiss Bankers Association
Swiss Private Bankers Association
Swiss Society of Investment Professionals
Swiss Exchange
Organisation for Economic Co-operation and Development
Swiss Funds Association
Federal Department of Finance (FDF)…;

Banks » Swiss most Swiss  as Database MetaBank: U.S. topple

Posted on Thu, 17 Sep 2009 00:03:19 -0400 in Canadian internet banking ranking

Trust in Swiss banks also declined. But in the assessment of banks‘ soundness, the Alpine country still ranked 44th.

U.S. banks fell to 108 – right behind Tanzania – and British banks to 126 in the ranking, now topped by Canada’s banks.

The WEF bases its assessment on a range of factors, key for any country to prosper. The index includes economic data such as growth but also health data or the number of internet users. [METABANK relies mostly on keeping their customers at a distance so they can more easily lie to them…. Don’t bank at METABANK!!! Protect yourselves!!!]

The study also factors in a survey among business ..


The Following is absolutely pathetic!!!!

NICE Actimize Solutions Implemented by MetaBank to Support Financial Crime Risk Strategy By Providing a 360-Degree View of Enterprise Risk

October 17, 2012  

MetaBank has adopted Actimize’s anti-money laundering (AML) solutions to ensure compliance, detect suspicious activity, and reduce operational costs

[Customers of METABANK find them to be paranoid and that METABANK fails to provide adequate service to their own customers… METABANK’s Paranoia has caused great pain for their own customers….. Consumers need banks to have a far more balanced view of the world, and METABANK has manifested a paranoid view of the world in the past… Customers have complained they access to their own  cash money has been cut off by METABANK itself…. METABANK holds consumers money and receives an interest free loan from their customer base…. This is unscrupulous!!!!!]

New York – October 17, 2012  NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, is implementing its solutions at Iowa-based MetaBank (NASDAQ: CASH) to support the company’s financial crime risk strategy for MetaBank and Meta Payment Systems, its electronic payments division. [This is a gimmick that allows METABANK to scam the general public. Creating a paranoid view of the world, METABANK is the one that will scam their partner corporations and their customers.]


MetaBank will utilize the Actimize Enterprise Risk Case Manager platform to provide a 360-degree view of enterprise risk across its business lines, to ensure compliance with the Bank Secrecy and US Patriot Acts requirements and to reduce its operational expenses. [ This is nothing but paranoid crazy talk!!!]

Actimize’s Suspicious Activity Monitoring and Customer Due Diligence (CDD) Anti-Money Laundering solutions will support Metabank’s efforts to protect consumers and set the stage for tighter pre-paid industry crime prevention standards.  [METABANK is the one scamming their customer base so this information is all bogus. It is designed to attract partner corporations with similar fears, but it will be METABANK that drives away your customer base…. We have no idea what other lies METABANK tells to their corporate partners to get them to sign on…. Nobody who actually knows how METABANK operates would want to do business with them… Be forewarned!!!!]


According to Debra Geister, Senior Vice President, AML/Bank Secrecy Act (BSA) at MetaBank, the institution will leverage the Actimize single platform approach and will add additional Actimize fraud solutions later this year to complete the organization’s enterprise view of financial crime risk. [Consumers be ware!!! This will simply open the door for more abuses of their customer base!!! It is a gimmick.]

The NICE Actimize solutions provide MetaBank with flexibility and the ability to detect suspicious patterns of activity across organizational silos as well as reduce operational expenses and risk by scaling to support the increasing demands inherent when processing millions of transactions per day.


“As a large, diverse organization, we realized the importance of implementing a comprehensive risk platform to support MetaBank’s future growth and evolving requirements.” said Geister.

[This is so METABANK’s CEOs can get richer and richer but always at the expense and heart ache of others.]  

“The company’s investment to manage financial crime risk is setting the stage to better protect consumers, to detect suspicious activity and to proactively identify fraudulent usage trends in the prepaid industry.”


“Creating a 360-degree view of the organization and of the customer, along with establishing consistency in monitoring suspicious activities, provide powerful benefits to a bank,” said Amir Orad, President and CEO of NICE Actimize.[METABANK customers have complained in the past about being abused by METABANK using the term “suspicious activities” to withhold customer’s own cash money from them. As a partner corporation of METABANK, you will lose your customer base as METABANK abuses them and lies to them…. Please don’t fall for this kind of paranoid talk!!!]

“In addition, regulators are reviewing consistency in compliance implementation at banks. Our experience helping financial institutions develop and execute comprehensive and unique financial crime strategies allows us to assist MetaBank in addressing these challenges, while simultaneously providing a solid foundation that supports their future challenges and operational requirements.”


NICE Actimize financial crime solutions provide a common technology and business framework for full-lifecycle prevention and detection, investigation, reporting, and remediation of financial crime. With its customer-centric, enterprise-wide financial crime prevention capabilities, NICE Actimize enables financial institutions to address money laundering risks, as well as new and emerging fraud threats, to streamline processes, and to better serve customers. [METABANK may be the source itself of all of the money laundering and problems found in banking now….. This is pure paranoia!!! The world doesn’t need this kind of bogus talk that actually creates problems on a global scale!!!]


Each of the NICE Actimize solutions used at MetaBank can be easily integrated into a larger enterprise financial crime framework. NICE Actimize solutions share a common technology platform, which offers IT cost benefits, operational efficiencies, and performance benefits when compared to integrating disparate systems. [This appears to be targeted at potential corporate partners for METABANK…. Please be warned that METABANK intends to abuse your customer base.]


About NICE Actimize

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. [What about the assassination in Dubai for which MetaBank provided prepaid bank cards to the assassins…. one man never got a fair and impartial trial…. I suspect that his family and friends aren’t happy about what happened.]


Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cyber crime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us, @NICE_Actimize or NASDAQ:NICE.


About NICE Systems [ There is nothing NICE about METABANK and the way they have treated humanity for years and years!!!]

NICE (NASDAQ: NICE) is the worldwide leader of software solutions that deliver strategic insights by capturing and analyzing mass quantities of structured and unstructured data in real time from multiple sources, including phone calls, mobile apps, emails, chat, social media, and video. NICE’s solutions enable organizations to take the Next-Best-Action to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies.


Trademark note: Actimize, the Actimize logo, NICE, and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks are trademarks of their respective owners. For a full list of NICE Systems’ marks, please see:


About Meta Financial Group, Inc.

Meta Financial Group, Inc. (NASDAQ: CASH) is the holding company for its wholly-owned subsidiary MetaBankTM.  MetaBank is a federally-chartered savings bank with four market areas: Northwest Iowa Market, Brookings Market, Central Iowa Market, Sioux Empire Market; and the Meta Payment Systems prepaid card division.  Twelve retail banking offices and one administrative office support customers throughout northwest and central Iowa, and in Brookings and Sioux Falls, South Dakota.

[As a former customer of METABANK who was scammed by METABANK I find this report to be way off the mark… It is targeted to another audience other than their normal customer base….. I pity anyone who falls for this ploy.]

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