Transportation Alliance Bank, Inc. d/b/a TAB Bank

Branches

Click on location and enter new zip number to change.
Your current location is: Connecticut, Fairfield
View Branches Statewide →

View Branches Nationwide →

Transportation Alliance Bank, Inc. d/b/a TAB Bank Locations

Deposit Rates - May 21, 2022

SAVINGS RATES APY MIN
CD RATES APY MIN
6 Mo CD
0.75% $1,000 Compare

Overview 2022

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34781
Date Established 1998
Assets $ 1,192.75 million
Loans $ 949.12 million
Deposits $ 918.90 million
Capital $ 122.84 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 79.33 million
Interest-bearing balances $ 70.22 million
Total securities $ 73.91 million
Federal funds sold and reverse repurchase $ 11.47 million
Net loans and leases $ 949.12 million
Loan loss allowance $ 13.69 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 4.99 million
All other assets $ 54.61 million
     Total Assets $ 1,069.91 million

LIABILITIES
Total deposits $ 918.90 million
      Interest-bearing deposits $ 903.95 million
      Deposits held in domestic offices $ 918.90 million
      % insured (estimated) 79.27%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 131.41 million
Subordinated debt N.A.
All other liabilities $ 19.60 millionn
      Total Liabilities $ 1,069.91 million
      Shareholders’ Equity $ 122.84 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 96.71 million
Total Interest Expense $ 5.34 million
Net interest income $ 91.37 million
Provision for loan and lease losses $ 6.90 million
Total non interest income $ 15.52 million
Total non interest expense $ 61.03 million
Pre-tax Net Operating Income $ 38.96 million

Transportation Alliance Bank, Inc. d/b/a TAB Bank is an FDIC insured institution headquartered at 4185 Harrison Boulevard, Suite 200, 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.

Customer Reviews for Transportation Alliance Bank, Inc. d/b/a TAB Bank (2)

Rated 1.00 stars out of 5 - based on 2 reviews
  • 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

  • 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.


Add Your Review


Rate it here →



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.

  • 1
    ONLINE CD
    Bank
    -
    $50,000
    6 Month
    0.75%
    2.80x (National Avg. - 0.27%)
    $1,000
    -
    SCENARIO
    Year Rate
    0.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 375 263
    2 50,375 378 264
    3 50,753 381 266
    4 51,133 384 268
    5 51,517 386 270
    6 51,903 389 272
    7 52,293 392 275
    8 52,685 395 277
    9 53,080 398 279
    10 53,478 401 281
    11 53,879 404 283
    12 54,283 407 285
    13 54,690 410 287
    14 55,101 413 289
    15 55,514 416 291
    16 55,930 419 294
    17 56,350 423 296
    18 56,772 426 298
    19 57,198 429 300
    20 57,627 432 303
    TOTAL $8,059 $5,641
  • 2
    ONLINE CD
    Online Bank
    -
    $50,000
    12 Month
    1.30%
    3.23x (National Avg. - 0.40%)
    $5,000
    -
    SCENARIO
    Year Rate
    1.30%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 650 455
    2 50,650 658 461
    3 51,308 667 467
    4 51,975 676 473
    5 52,651 684 479
    6 53,336 693 485
    7 54,029 702 492
    8 54,731 712 498
    9 55,443 721 505
    10 56,164 730 511
    11 56,894 740 518
    12 57,633 749 524
    13 58,383 759 531
    14 59,142 769 538
    15 59,910 779 545
    16 60,689 789 552
    17 61,478 799 559
    18 62,277 810 567
    19 63,087 820 574
    20 63,907 831 582
    TOTAL $14,738 $10,317