MetaBank changes name after buyout from Meta, formerly Facebook
MetaBank is changing its name to Pathward after Meta Financial Group sold its name and rights to a company connected to what was formerly Facebook.
Source: argusleader.com
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MetaBank is changing its name to Pathward after Meta Financial Group sold its name and rights to a company connected to what was formerly Facebook.
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The social network, now called Meta Platforms, is buying the South Dakota bank's name for $60 million.
With principle offices in Sioux Falls, MetaBank will phase out its name within a year, according to SEC reporting.
Meta Platforms says it's affiliated with the company that bought the trademark assets of US regional bank Meta Financial Group