Jeff Aegerter has been named president of the consumer lending division at Sioux Falls-based MetaBank.
Aegerter has more than 35 years of experience in consumer lending and payments. He spent 10 years at Citi, before moving on to First PREMIER Bank in Sioux Falls where he was the senior vice president and executive officer for card products. In that role, Aegerter oversaw the expansion of First PREMIER’s card issuing business.
He also founded two financial services companies, including Capital Services, Inc., a portfolio management and card service organization where he spent 12 years as president and CEO.
Aergerter has a degree in business administration from Augustana University, Sioux Falls.
“Jeff brings deep expertise in financial services, and has been instrumental in helping many similar companies develop their suites of products and services, while increasing shareholder value,” said Sheree Thornsberry, executive vice president and group head, consumer, at the $5.8 billion MetaBank. “Our consumer lending business is an important area of diversification for the company, and we’re thrilled that Jeff is here to provide leadership as we implement this strategic part of our total financial services solution.”