TAB Bank is headquartered in OGDEN and is the 25th largest bank in the state of Utah. It is also the 687th largest bank in the nation. It was established in 1998 and as of March of 2025, it had grown to 315 employees at 1 location. TAB Bank's savings rates are 8X the national average, and it has a B health rating.
Closing Account After A Few Years
It's 11pm, I need to know how much I have in the account. The old app doesn't work. The new app doesn't work. I can't log in through the browser on either the old or the new site. I tried to reset my password and it says my account is locked. I called support and it hung up on me. I can no longer link the account through Mint. They basically just trashed their online experience. I'm screwed at the moment and there's nothing I can do about it.
Worst Online Bank
This has to be the worst online bank I have ever dealt with. Customer service is atrocious. You call the ask for a department and they refuse to give it to you. The receptionist acts as the middle person.
Did you not fill out any new information online to open a new account with them. It appears to be some type of scam because they never return your call. Never return emails.
Just called and asked to speak to new accounts to verify some information and they said you're not allowed to talk to them. We cannot give you their number we have to call internally. I asked to speak to a supervisor you're not allowed to speak to a supervisor have to give us the information and will relay it
STAY AWAY FROM THIS BANK
APY Decreases
The rate decreases over the past year are a bummer. I hope the poor reviews I read here aren’t the norm as I’ve had an otherwise good experience in the year or so that I’ve had this account and have not had reason for distrust.
I will also say my experience with customer service has been good. It seemed personal and helpful the couple of times I’ve needed to call. I also do my best to treat people with kindness and respect, in case that relates to my experience.
Lowest Transfer Limit And Prototype-Like Joke Website. Can't Link Accounts W Small Deposits.
Edit: I had to fund from external account because they do not have any transfer limit and capability from their side. Then, They did not post the transfer and for 5 days, meaning they did not give u interest for 5 days for your transferred funds, so their advertised interest is false. That was the last straw for which I am changing the rating to 1 star.
Lowest transfer limit of all banks!
Most primitive joke website that is half non-functional!
Can't link external accounts with small deposits even banks that their Plaid system does not recognize! Customer service is clueless to help with the nonfunctional features. Their website doesn't even function on popular browsers.
Otherwise I haven't had the biggest bank cautionary stories with them yet. However, I do not dare to put money in it because of the ridiculously low transfer limit and super glitchy non-functional website features to use it.
Worst Ever
I’d give 0 stars if I could. Never sure if your balance is right. Internet banking works intermittently. Been with them for almost 15 years like a fool and they still question every large deposit. Last straw today was them losing a check I overnighted 7 days ago. Today’s mission is to find a new bank.
CD Warning
After being danced around the Maypole for 10 days with these slow responding doozies, it finally came out that the account verification is beyond their capability and you've wasted your time. Try a modern bank instead
Disgusted !
Weak Support
I submitted two applications for IRAs on the same day. One bank had the new account funded in about a week. With TAB Bank, it's been three weeks and no funds have been moved from the funding account or into a new TAB account. (I will be losing a month of interest.) When I call to ask the status of the funding, I'm offered one option: leave a message and someone will get back with me "today or tomorrow." That didn't happen.
Avoid Tab Bank Utah
Yet another Utah bank with super weird gotchas. Can't ACH more than 3000 is one example of how bad this place is. Their website is 1980s style. They haven't bothered updating it. They email you your account number! They have no sense of cyber security.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34781 |
| Year Established | 1998 |
| Employees | 315 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 11.7% |
| Annual Interest Income | $41.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.64B$1.51B |
| Loans | Q1 2025vs Q1 2024 | $1.29B$1.17B |
| Deposits | Q1 2025vs Q1 2024 | $1.37B$1.26B |
| Equity Capital | Q1 2025vs Q1 2024 | $161MM$148.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $26.3MM$29.5MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $37.7MM$21.1MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $5.2MM$6.3MM |