Transportation Alliance Bank, Inc. d/b/a TAB Bank
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
0000 and has approximately $1 billion in
assets. Customers can open an account at one of its 1 branches.
Deposit Rates - September 24, 2023
SAVINGS RATES | APY | MIN | |
---|---|---|---|
SAV
|
5.02% | $1 | Compare |
CD RATES | APY | MIN | |
---|---|---|---|
6 Mo CD
|
4.76% | $1,000 | Compare |
12 Mo CD
|
4.76% | $1,000 | Compare |
18 Mo CD
|
4.60% | $1,000 | Compare |
24 Mo CD
|
4.25% | $1,000 | Compare |
36 Mo CD
|
4.15% | $1,000 | Compare |
48 Mo CD
|
3.95% | $1,000 | Compare |
60 Mo CD
|
3.90% | $1,000 | Compare |
MM RATES | APY | MIN | |
---|---|---|---|
Money Market
|
0.25% | $1 | Compare |
INT CHECKING RATES | APY | MIN |
---|---|---|
INTCK
|
0.10% | $2,500 |
Featured Home Equity Rates
-
Sponsored
-
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. $0 - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Featured 30-Year Fixed Mortgage Rates
-
Sponsored
-
Rocket Mortgage
NMLS ID: 30307.979% $2,321 Fees & Points $3,200 Total
1.000 Pts ($3,200)
$0 Fees -
Quicken Loans NMLS #3030
NMLS ID: 30307.979% $2,321 Fees & Points $3,200 Total
1.000 Pts ($3,200)
$0 Fees -
FHAloans.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 34781 |
Date Established | 0000 |
Assets | $ 1,245.18 million |
Loans | $ 963.39 million |
Deposits | $ 1,004.48 million |
Capital | $ 141.36 million |
Summary Balance Sheet as of June 30, 2023
ASSETS | |
Cash & Balances due from depository institutions | $ 88.30 million |
Interest-bearing balances | $ 78.47 million |
Total securities | $ 95.08 million |
Federal funds sold and reverse repurchase | $ 7.23 million |
Net loans and leases | $ 963.39 million |
Loan loss allowance | $ 25.90 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | N.A. |
Goodwill and other intangibles | $ 2.36 million |
All other assets | $ 53.31 million |
Total Assets | $ 1,103.82 million |
LIABILITIES | |
Total deposits | $ 1,004.48 million |
Interest-bearing deposits | $ 998.24 million |
Deposits held in domestic offices | $ 1,004.48 million |
% insured (estimated) | 79.51% |
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 | $ 1,103.82 million |
Shareholders’ Equity | $ 141.36 million |
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES | |
Total Interest Income | $ 64.78 million |
Total Interest Expense | $ 12.50 million |
Net interest income | $ 52.27 million |
Provision for loan and lease losses | $ 13.12 million |
Total non interest income | $ 9.69 million |
Total non interest expense | $ 36.80 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: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →
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 CDBank-$50,0006 Month4.76%14.88x (National Avg. - 0.32%)$1,000-SCENARIO
Year Rate
4.76%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,380 1,666 2 52,380 2,493 1,745 3 54,873 2,612 1,828 4 57,485 2,736 1,915 5 60,222 2,867 2,007 6 63,088 3,003 2,102 7 66,091 3,146 2,202 8 69,237 3,296 2,307 9 72,533 3,453 2,417 10 75,985 3,617 2,532 11 79,602 3,789 2,652 12 83,391 3,969 2,779 13 87,361 4,158 2,911 14 91,519 4,356 3,049 15 95,875 4,564 3,195 16 100,439 4,781 3,347 17 105,220 5,008 3,506 18 110,228 5,247 3,673 19 115,475 5,497 3,848 20 120,972 5,758 4,031 TOTAL $76,730 $53,711 - 2LOCAL CDOnline Bank-$50,00060 Month4.00%4.63x (National Avg. - 0.86%)$2,500-SCENARIO
Year Rate
4.00%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,000 1,400 2 52,000 2,080 1,456 3 54,080 2,163 1,514 4 56,243 2,250 1,575 5 58,493 2,340 1,638 6 60,833 2,433 1,703 7 63,266 2,531 1,771 8 65,797 2,632 1,842 9 68,428 2,737 1,916 10 71,166 2,847 1,993 11 74,012 2,960 2,072 12 76,973 3,079 2,155 13 80,052 3,202 2,241 14 83,254 3,330 2,331 15 86,584 3,463 2,424 16 90,047 3,602 2,521 17 93,649 3,746 2,622 18 97,395 3,896 2,727 19 101,291 4,052 2,836 20 105,342 4,214 2,950 TOTAL $59,556 $41,689 - 3LOCAL CDOnline Bank-$50,00024 Month4.30%7.15x (National Avg. - 0.60%)$2,500-SCENARIO
Year Rate
4.30%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,150 1,505 2 52,150 2,242 1,570 3 54,392 2,339 1,637 4 56,731 2,439 1,708 5 59,171 2,544 1,781 6 61,715 2,654 1,858 7 64,369 2,768 1,938 8 67,137 2,887 2,021 9 70,024 3,011 2,108 10 73,035 3,140 2,198 11 76,175 3,276 2,293 12 79,451 3,416 2,391 13 82,867 3,563 2,494 14 86,430 3,717 2,602 15 90,147 3,876 2,713 16 94,023 4,043 2,830 17 98,066 4,217 2,952 18 102,283 4,398 3,079 19 106,681 4,587 3,211 20 111,268 4,785 3,349 TOTAL $66,053 $46,237 - 4LOCAL CDOnline Bank-$50,00012 Month5.00%10.29x (National Avg. - 0.49%)$2,500-SCENARIO
Year Rate
5.00%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,500 1,750 2 52,500 2,625 1,838 3 55,125 2,756 1,929 4 57,881 2,894 2,026 5 60,775 3,039 2,127 6 63,814 3,191 2,233 7 67,005 3,350 2,345 8 70,355 3,518 2,462 9 73,873 3,694 2,586 10 77,566 3,878 2,715 11 81,445 4,072 2,851 12 85,517 4,276 2,993 13 89,793 4,490 3,143 14 94,282 4,714 3,300 15 98,997 4,950 3,465 16 103,946 5,197 3,638 17 109,144 5,457 3,820 18 114,601 5,730 4,011 19 120,331 6,017 4,212 20 126,348 6,317 4,422 TOTAL $82,665 $57,865 - 5LOCAL CDBank-$50,00018 Month4.75%9.03x (National Avg. - 0.53%)$2,500-SCENARIO
Year Rate
4.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,375 1,663 2 52,375 2,488 1,741 3 54,863 2,606 1,824 4 57,469 2,730 1,911 5 60,199 2,859 2,002 6 63,058 2,995 2,097 7 66,053 3,138 2,196 8 69,191 3,287 2,301 9 72,477 3,443 2,410 10 75,920 3,606 2,524 11 79,526 3,777 2,644 12 83,304 3,957 2,770 13 87,261 4,145 2,901 14 91,406 4,342 3,039 15 95,747 4,548 3,184 16 100,295 4,764 3,335 17 105,059 4,990 3,493 18 110,050 5,227 3,659 19 115,277 5,476 3,833 20 120,753 5,736 4,015 TOTAL $76,488 $53,542 - 6LOCAL CDBank-$50,00012 Month5.65%11.63x (National Avg. - 0.49%)$1,000-SCENARIO
Year Rate
5.65%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,825 1,978 2 52,825 2,985 2,089 3 55,810 3,153 2,207 4 58,963 3,331 2,332 5 62,294 3,520 2,464 6 65,814 3,718 2,603 7 69,532 3,929 2,750 8 73,461 4,151 2,905 9 77,611 4,385 3,070 10 81,997 4,633 3,243 11 86,629 4,895 3,426 12 91,524 5,171 3,620 13 96,695 5,463 3,824 14 102,158 5,772 4,040 15 107,930 6,098 4,269 16 114,028 6,443 4,510 17 120,471 6,807 4,765 18 127,277 7,191 5,034 19 134,469 7,597 5,318 20 142,066 8,027 5,619 TOTAL $100,093 $70,065
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.