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.
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.
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 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
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.
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
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.