Transportation Alliance Bank, Inc. d/b/a TAB Bank:
Online Certificate of Deposit - 0.50% APY

• $1,000 minimum to open an account
• Maturities from six months to five years
• Various interest payment methods: check, transfer or compounding
• Certificates that are automatically renewable unless indicated otherwise


Fee and Feature Guide

Certificate of Deposit
Interest Rate
APY 0.50%
Term Length 12 Month
Minimum deposit amount $1,000.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $1,000.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Fees
Early withdrawal penalty 90 days interest
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee $30.00
Incoming Wires $15.00
Statements
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Transportation Alliance Bank, Inc. d/b/a TAB Bank


  • February 28, 2021 |

    Online Savings Rates

    ACH transfers limited to $3,000, unsecured website, emailing acct numbers, hours to reach customer service. Need not say more.

  • January 23, 2021 |

    Online Savings Rates

    Not worth the hassle.

  • October 24, 2020 |

    Online Savings Rates

    Avoid any bank that lowers its savings rate from 0.90% to 0.65% without any notice to customers. just avoid it.

  • October 17, 2020 |

    Online Savings Rates

    I opened an account here online two weeks ago. I funded with $50,000 from WFC, easy, no issues. Then I set it up to increase funding and each entry was rejected. Only after opening I learn the bank has a $3,000 external funding limit. I tried to reach someone by phone to ask about this and was placed on hold for over 30 minutes at which point I hanged up. From reading some of the other reviews on this site, I see that I might be able to overcome this rule by funding from source account at WFC, but I will still need to check with them and that will involve another 30 minutes of wasted time. I would not have bothered with this account had I been aware of these limitations. Also, I am now regretting working with a bank in Utah as it is the only damn State in the Union still backing the orange narcissist.

  • September 3, 2020 |

    Online Savings Rates

    Lots of hassles left us wishing we had gone with a bigger name even if it means giving up a few dollars in interest.

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