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
1998 and has approximately $1 billion in
assets. Customers can open an account at one of its 1 branches.
Deposit Rates - March 25, 2023
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
SAV
|
4.06% | $1 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
4.25% | $1,000 | Compare |
|
12 Mo CD
|
4.35% | $1,000 | Compare |
|
18 Mo CD
|
4.25% | $1,000 | Compare |
|
24 Mo CD
|
4.25% | $1,000 | Compare |
|
36 Mo CD
|
4.00% | $1,000 | Compare |
|
48 Mo CD
|
4.00% | $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% | $2,500 |
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Featured 30-Year Fixed Mortgage Rates
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0.986 Pts ($2,465)
$1,629 Fees -
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NMLS ID: Not 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 | 1998 |
| Assets | $ 1,189.73 million |
| Loans | $ 940.99 million |
| Deposits | $ 947.59 million |
| Capital | $ 134.35 million |
Summary Balance Sheet
| ASSETS | |
| Cash & Balances due from depository institutions | $ 82.03 million |
| Interest-bearing balances | $ 71.02 million |
| Total securities | $ 81.53 million |
| Federal funds sold and reverse repurchase | $ 10.71 million |
| Net loans and leases | $ 940.99 million |
| Loan loss allowance | $ 17.22 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 3.64 million |
| All other assets | $ 53.31 million |
| Total Assets | $ 1,064.40 million |
| LIABILITIES | |
| Total deposits | $ 947.59 million |
| Interest-bearing deposits | $ 939.61 million |
| Deposits held in domestic offices | $ 947.59 million |
| % insured (estimated) | 75.94% |
| 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 | $ 1,064.40 million |
| Shareholders’ Equity | $ 125.33 million |
Summary Income Statement
| INCOME AND EXPENSES | |
| Total Interest Income | $ 78.76 million |
| Total Interest Expense | $ 5.25 million |
| Net interest income | $ 73.51 million |
| Provision for loan and lease losses | $ 9.31 million |
| Total non interest income | $ 14.50 million |
| Total non interest expense | $ 53.73 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
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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 Month4.25%14.71x (National Avg. - 0.29%)$1,000-SCENARIO
Year Rate
4.25%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,125 1,488 2 52,125 2,215 1,551 3 54,340 2,309 1,617 4 56,650 2,408 1,685 5 59,057 2,510 1,757 6 61,567 2,617 1,832 7 64,184 2,728 1,909 8 66,912 2,844 1,991 9 69,756 2,965 2,075 10 72,720 3,091 2,163 11 75,811 3,222 2,255 12 79,033 3,359 2,351 13 82,392 3,502 2,451 14 85,893 3,650 2,555 15 89,544 3,806 2,664 16 93,349 3,967 2,777 17 97,317 4,136 2,895 18 101,453 4,312 3,018 19 105,764 4,495 3,146 20 110,259 4,686 3,280 TOTAL $64,945 $45,462 - 2LOCAL CDOnline Bank-$50,00060 Month4.10%5.06x (National Avg. - 0.81%)$2,500-SCENARIO
Year Rate
4.10%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,050 1,435 2 52,050 2,134 1,494 3 54,184 2,222 1,555 4 56,406 2,313 1,619 5 58,718 2,407 1,685 6 61,126 2,506 1,754 7 63,632 2,609 1,826 8 66,241 2,716 1,901 9 68,957 2,827 1,979 10 71,784 2,943 2,060 11 74,727 3,064 2,145 12 77,791 3,189 2,233 13 80,980 3,320 2,324 14 84,300 3,456 2,419 15 87,757 3,598 2,519 16 91,355 3,746 2,622 17 95,100 3,899 2,729 18 98,999 4,059 2,841 19 103,058 4,225 2,958 20 107,284 4,399 3,079 TOTAL $61,682 $43,178 - 3LOCAL CDOnline Bank-$50,00024 Month4.30%7.76x (National Avg. - 0.55%)$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 Month4.50%10.25x (National Avg. - 0.44%)$2,500-SCENARIO
Year Rate
4.50%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,250 1,575 2 52,250 2,351 1,646 3 54,601 2,457 1,720 4 57,058 2,568 1,797 5 59,626 2,683 1,878 6 62,309 2,804 1,963 7 65,113 2,930 2,051 8 68,043 3,062 2,143 9 71,105 3,200 2,240 10 74,305 3,344 2,341 11 77,648 3,494 2,446 12 81,143 3,651 2,556 13 84,794 3,816 2,671 14 88,610 3,987 2,791 15 92,597 4,167 2,917 16 96,764 4,354 3,048 17 101,119 4,550 3,185 18 105,669 4,755 3,329 19 110,424 4,969 3,478 20 115,393 5,193 3,635 TOTAL $70,586 $49,410
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.