Transportation Alliance Bank, Inc. d/b/a TAB Bank
Transportation Alliance Bank, Inc. d/b/a TAB Bank ACH Number: 124684657
Transportation Alliance Bank, Inc. d/b/a TAB Bank is an FDIC insured institution headquartered at
4185 Harrison Blvd, Ogden, UT 84403.
It was founded in
1998 and has approximately $1 billion in
assets. Customers can open an account at one of its 1 branches.
Deposit Rates - May 8, 2024
SAVINGS RATES | APY | MIN | |
---|---|---|---|
SAV
|
5.27% | $1 | Compare |
CD RATES | APY | MIN | |
---|---|---|---|
6 Mo CD
|
5.27% | $1,000 | Compare |
9 Mo CD
|
5.27% | $1,000 | Compare |
12 Mo CD
|
5.27% | $1,000 | Compare |
18 Mo CD
|
5.00% | $1,000 | Compare |
24 Mo CD
|
4.80% | $1,000 | Compare |
36 Mo CD
|
4.25% | $1,000 | Compare |
48 Mo CD
|
4.05% | $1,000 | Compare |
60 Mo CD
|
4.00% | $1,000 | Compare |
MM RATES | APY | MIN | |
---|---|---|---|
Money Market
|
0.25% | $1 | Compare |
INT CHECKING RATES | APY | MIN |
---|---|---|
INTCK
|
0.10% | $25 |
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Overview 2024
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 34781 |
Date Established | 1998 |
Assets | $ 1,476.69 million |
Loans | $ 1,130.05 million |
Deposits | $ 1,228.14 million |
Capital | $ 149.05 million |
Summary Balance Sheet as of June 30, 2023
ASSETS | |
Cash & Balances due from depository institutions | $ 135.31 million |
Interest-bearing balances | $ 108.05 million |
Total securities | $ 107.06 million |
Federal funds sold and reverse repurchase | $ 8.23 million |
Net loans and leases | $ 1,130.05 million |
Loan loss allowance | $ 31.25 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | $ 6.30 million |
Goodwill and other intangibles | $ 1.53 million |
All other assets | $ 53.31 million |
Total Assets | $ 1,327.64 million |
LIABILITIES | |
Total deposits | $ 1,228.14 million |
Interest-bearing deposits | $ 1,222.71 million |
Deposits held in domestic offices | $ 1,228.14 million |
% insured (estimated) | 81.11% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | $ 67.65 million |
Subordinated debt | N.A. |
All other liabilities | $ 18.42 millionn |
Total Liabilities | $ 1,327.64 million |
Shareholders’ Equity | $ 149.05 million |
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES | |
Total Interest Income | $ 143.67 million |
Total Interest Expense | $ 34.32 million |
Net interest income | $ 109.35 million |
Provision for loan and lease losses | $ 31.03 million |
Total non interest income | $ 18.00 million |
Total non interest expense | $ 75.32 million |
Pre-tax Net Operating Income | $ 17.15 million |
Customer Reviews for Transportation Alliance Bank, Inc. d/b/a TAB Bank (3)
Rated 1.33 stars out of 5 - based on 3 reviews
Branches
Click on location and enter new zip number to change.
Your current location is: Columbus, OH
Transportation Alliance Bank, Inc. d/b/a TAB Bank Locations
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only.
- 1ONLINE SAVINGSBank-$50,000N.A.5.27%24.51x (National Avg. - 0.22%)$1-SCENARIO
Year Rate
5.27%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,635 1,845 2 52,635 2,774 1,942 3 55,409 2,920 2,044 4 58,329 3,074 2,152 5 61,403 3,236 2,265 6 64,639 3,406 2,385 7 68,045 3,586 2,510 8 71,631 3,775 2,642 9 75,406 3,974 2,782 10 79,380 4,183 2,928 11 83,563 4,404 3,083 12 87,967 4,636 3,245 13 92,603 4,880 3,416 14 97,483 5,137 3,596 15 102,621 5,408 3,786 16 108,029 5,693 3,985 17 113,722 5,993 4,195 18 119,715 6,309 4,416 19 126,024 6,641 4,649 20 132,665 6,991 4,894 TOTAL $89,657 $62,760 - 2LOCAL SAVINGSBank-$50,000N.A.5.15%23.95x (National Avg. - 0.22%)$0-SCENARIO
Year Rate
5.15%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,575 1,803 2 52,575 2,708 1,895 3 55,283 2,847 1,993 4 58,130 2,994 2,096 5 61,123 3,148 2,203 6 64,271 3,310 2,317 7 67,581 3,480 2,436 8 71,062 3,660 2,562 9 74,721 3,848 2,694 10 78,569 4,046 2,832 11 82,616 4,255 2,978 12 86,870 4,474 3,132 13 91,344 4,704 3,293 14 96,049 4,946 3,463 15 100,995 5,201 3,641 16 106,196 5,469 3,828 17 111,665 5,751 4,026 18 117,416 6,047 4,233 19 123,463 6,358 4,451 20 129,821 6,686 4,680 TOTAL $86,507 $60,555
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.