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MetaBank® Announces New SVP, General Counsel and Chief Policy Officer

SIOUX FALLS, S.D., April 25, 2016 (GLOBE NEWSWIRE) -- MetaBank (NASDAQ:CASH) is pleased to announce today that Jeff Gednalske has assumed the position of Senior Vice President, General Counsel for the company and current General Counsel, John Hagy, has accepted the position of Chief Policy Officer. Mr. Gednalske will be responsible for providing legal counsel to executive staff and operating departments to ensure adherence to laws, rules, and regulations relating to new or revised products and services offerings. With over 30 years of experience practicing law, Mr. Gednalske has spent nearly 20 years in the financial industry. “We are extremely fortunate to have someone with Jeff’s background and experience join MetaBank,” said J. Tyler Haahr, Chairman and CEO of MetaBank. “He brings impressive knowledge and background specific to our industry. Jeff is an important addition to our team as we continue to grow and execute our strategic initiatives.”



Mr. Gednalske held several positions at Citibank prior to joining MetaBank. While at Citibank, he served as Managing Director of Citigroup, Inc., and General Counsel for Citi Credit Cards, providing legal advice and guidance to senior management to ensure that policy and products were compliant with regulations. He also led a team of lawyers, paralegals and compliance officers as part of his responsibilities.

In his new role of Chief Policy Officer, Mr. Hagy will be responsible for Meta’s government and industry relations among other duties. He served as an NBPCA board member, and is an active industry speaker and advocate. Mr. Hagy is also the recent recipient of NBPCA’s inaugural Terrence P. Maher Prepaid Influencer Award in 2015.

“Jeff’s experience and leadership will be invaluable as our current counsel, John Hagy, transitions to his new role as Chief Policy Officer. We look forward to both of their contributions to the continued success of MetaBank,” stated J. Tyler Haahr.

About MetaBank®

Headquartered in Sioux Falls, SD, MetaBank operates in both the Banking and Payments industries. Within Banking, the traditional retail bank business operates 10 branches in four market areas: Central Iowa; Storm Lake, Iowa; Brookings, S.D.; and Sioux Falls, S.D.; and also includes AFS/IBEX, its insurance premium financing division. Meta Payment Systems, its electronic payments division and Refund Advantage, its tax refund-transfer software division, comprise the Payments business. Meta Financial Group, Inc.® (NASDAQ:CASH), is the holding company for federally chartered savings bank MetaBank, Member FDIC. For more information, visit metabank.com. For more information about Meta Financial Group, visit metafinancialgroup.com.

Media Contact: Katie LeBrun Corporate Communications Director 5501 S. Broadband Lane Sioux Falls, SD 57108 605.362.5140 klebrun@metabank.com

Source: MetaBank