Pathward Financial, Inc.

South Dakota bank holding company for banking, payments and specialty lending

What Pathward Financial does

Pathward Financial owns Pathward, a national bank based in Sioux Falls, South Dakota. It offers deposit accounts, business and consumer loans, and short-term loans tied to tax refunds. It also handles card payments, issues debit and prepaid cards, and processes transactions for ATMs and merchants.

How Pathward Financial makes money

It earns interest income on commercial finance, consumer, tax-refund advance and warehouse loans, funded mainly by customer deposits. It also collects fees from card issuing, payment processing, ATM settlement and merchant services.

Products & services

• Commercial finance (term, asset-based, factoring, leasing)
• Insurance premium finance and government guaranteed lending
• Tax refund advance and ERO advance loans
• Debit and prepaid card issuing
• Card payment acceptance, processing and merchant services
• Deposit accounts (checking, savings, money market)