TAB Bank is headquartered in Ogden and is the 24th largest bank in the state of Utah. It is also the 856th largest bank in the nation. It was established in 1998 and as of June of 2022, it had grown to 333 employees at 1 location. TAB Bank has an A+ health rating.
Like few other banks I deal with, TAB answers the phone promptly, knows how to deal with the request without transfers and holds, and follows through in a very timely manner. In addition, the customer service reps and friendly and personable. Pretty unusual, isn't it? Great bank.
Not paying the 4% promised. And there are so many restrictions on the 15 transactions in a month, it is a pain even if they did hold up their end of the deal.
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.
Good rate, but expect loooong hold times to speak with anyone, and if the rep can't figure it out you have to wait a few days for someone to get back to you via email. Said email may or may not address your issue, and you're back to trying to reach a live person again. I put up with it only because of the competitive Kasasa rate. Also be aware that debits must be a minimum of $5. And as someone else pointed out, there is no place check to see the status of how you're doing in meeting requirements. Most Kasasa accounts have that and it's good to be able to confirm that you and the bank are on the same page, no month end surprise. They really should add that.
Overall | |
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FDIC Certificate # | 34781 |
Year Established | 1998 |
Employees | 333 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.12% |
Return on Equity - YTD | 19.81% |
Annual Interest Income | $50.4MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.19B$1.33B |
Loans | Q2 2022vs Q2 2021 | $947.2MM$1.11B |
Deposits | Q2 2022vs Q2 2021 | $972.2MM$843.2MM |
Equity Capital | Q2 2022vs Q2 2021 | $131.4MM$116.5MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $15.2MM$12.0MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $3.9MM$4.0MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Rates for TAB Bank are currently being reviewed.
TAB Bank Locations | ||
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Transportation Alliance Bank, Inc. | 4185 Harrison Blvd | Ogden, UT 84403 |