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MetaBank

Venture Capital

In 1954 Stanley H.

Founded 1954 United States Sioux Falls, United States 500-1k employees Banking

3

Total Investments

3

Portfolio Companies

-

Exits

1

Industries

General Information

Industries Banking

Company Overview

Founded 1954
Employees 500-1k
Location United States Sioux Falls, United States
Website metabank.com

Investment Criteria

Investment Thesis

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About MetaBank

In 1954 Stanley H. Haahr founded a new bank in Storm Lake, Iowa. He joined a handful of friends who invested a total of ten thousand dollars to incorporate the Storm Lake Savings and Loan Association. On February 22, 1954, Haahr opened the doors with nothing more than a desk, a cash box and a borrowed vault Stanley Haahr didn't need a complex mission statement or business philosophy. Instead, he practiced one simple credo: to take good care of employees and customers and to promote thrift and homeownership. We've changed a little since those early days. Customer accounts are updated with computers instead of pens and ten-keys. And that original $10,000 of capital is now approaching a billion dollars in assets! But we have not changed in our commitment to help people by making local banking serve them well.

Recent Investments (3)

View All
Company Stage Amount Date
Corporate Round •••••• Mar 2022
Series C •••••• Jul 2019
Series C •••••• Nov 2018

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