Certificate of Deposit Features Guide
| Interest Rate | |
| APY | 5.00% |
| Term Length | 18 Month |
| Minimum deposit amount | $1,000.00 |
| Maximum deposit amount | N/A |
| Balance Requirements | |
| Minimum Opening Deposit | $1,000.00 |
| Minimum Balance to Avoid Fees | - |
| Minimum Required Balance | - |
| Fees | |
| Early withdrawal penalty | 180 days interest |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | $30.00 |
| Incoming Wires | $15.00 |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
| Statements | |
| Paper Statements | Yes |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | Yes |
| Mobile Banking | Yes |
| Deposit Checks with Mobile Device | Yes |
| Free Bill Pay | Yes |
| Online Bill Payments Required | Yes |
Account Description
• $1,000 minimum to open an account.
• Maturities from six months to five years.
• Various interest payment methods: check, transfer or compounding.
• Certificates that are automatically renewable unless indicated otherwise.
Rate History
| Date | APY |
|---|---|
| April 20, 2024 | 5.00% |
| October 25, 2023 | 5.13% |
Customer Reviews for Transportation Alliance Bank, Inc. D/b/a Tab Bank (3)
Rated 1.33 stars out of 5 - based on 3 reviews
Frog Stephane
October 30, 2022 |
I got into this one and a couple of other small Utah banks last years when I saw that they were a little higher than national rates (something like 0.70% versus 0.50%). Whatever I made with this adjustment, I've lost over the last month or two as they have become uncompetitive. Nice folks at all of these places when I call, but it is time to move along now.
Yat 1965
March 16, 2022 |
I know that there are bigger issues in this world, but this bank's ties to puppy mill funders will keep me away: https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner
pediatrics101
March 3, 2022 |
Their website is 1990s. That should have been the warning but I didn't heed it. ACH transfers limited to $3,000 inbound and outbound, no exceptions. Customer service is disinterested and not helpful. Then, as someone else here pointed out, they email you your account number. Save yourself the aggravation and go with another bank on this list. As in, any other bank on this list.