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OCC approves MetaBank acquisition of Wells Fargo-managed gift card program

The Office of the Comptroller of the Currency on Jan. 30 approved MetaBank's pending acquisition of a Wells Fargo Bank NA-managed nonreloadable gift card program.

The deal was signed in December 2017.

MetaBank is a unit of Meta Financial Group Inc. and Wells Fargo Bank NA is a unit of Wells Fargo & Co.