BANK TALK
Exploring the Finances of the Unbanked

MetaBank Pays Restitution to its I-Advance Customers

October 12th, 2011

It looks as if thousands of former I-Advance customers are getting restitution payments this week.

In July, MetaBank announced that it had agreed with the OTS to provide approximately $4.8 million in restitution payments to its former i-advance customers.

The payments are being delivered through direct deposit on to MetaBank-issued prepaid cards. (more…)


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October 12th, 2011 17:01:37