At a glance

4.4

Bankrate Score

CDs

Checking

Savings

MMA

Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Overview

Transportation Alliance Bank (TAB) has roots in the trucking sector and it still offers an account made for truck drivers. But it also offers solid personal and business deposit accounts, including a rewards checking account and high-yield savings account.

Highlights

High APY
Highly Rated App

Overall

TAB Bank is mostly an online bank that offers deposit accounts for individuals and businesses, as well as commercial loans. Yields are mostly high at TAB Bank, with the exception of its money market account, which earns a pretty low rate. You don’t need a minimum deposit to open most of the accounts.

Pros

Most deposit accounts pay higher yields than many other banks.
Its mobile app is highly rated on iOS and Android.
Minimum deposit requirements are low.

Cons

TAB doesn’t have CDs with a term shorter than one year.

TAB Bank banking products

TAB Bank Tab Save savings account overview

4.9

/5

See methodology Compare savings rates

SCORE BREAKDOWN

APY offering:

4.26%

5/5

APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.

Minimum balance for APY:

$0.00

5/5

The lowest deposit amount an account must have before it can earn interest.

Monthly service fee:

$0.00

5/5

A monthly charge a financial institution deducts from an account if certain requirements are not met.

Minimum balance to avoid fee:

$0.00

5/5

The lowest balance an account must maintain in order to avoid a fee.

Access to funds:

Good

4/5

A procedure that allows an individual or organization to access and manage the funds of another account holder.

Pros

The account pays a competitive APY, which you can start earning with as little as one cent.
The account requires no minimum opening deposit and charges no monthly maintenance fees.

Cons

Customers aren’t able to deposit cash or checks into the account at ATMs.
TAB Bank charges $30 for outgoing wire transfers, which is higher than what some other banks charge.

Rate history for TAB Bank's Savings account

See how rates for this account have changed over time. Interact with the trend lines to view APY by date.

TAB Bank

APY

APY last updated between 1/13 and 1/19.

National average APY

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

TAB Bank certificates of deposit overview

4.1

/5

See methodology Compare CD rates

SCORE BREAKDOWN

APY offering:

4.21%

4/5

APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less.

Minimum deposit:

$1,000.00

4/5

The minimum deposit amount a financial institution requires in order to open a CD.

Range of term lengths:

1 yr – 5 yrs

4/5

A designated amount of time that funds must be held within a CD.

Early withdrawal penalty:

Good

4/5

A penalty incurred when funds have been withdrawn from a CD before its maturity date.

Offer no-penalty or bump-up CDs:

No

0/5

A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date.

Offer IRA CDs:

Yes

5/5

An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.

Pros

The CD yields are competitive.

Cons

At $1,000, the minimum deposit requirement is higher than some competitors.
TAB Bank doesn’t offer terms shorter than one year, according to its website.

Rate history for TAB Bank's CD accounts

See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

TAB Bank

APY

APY last updated between 1/13 and 1/19.

National average APY

Term length

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

TAB Bank money market account overview

3.3

/5

See methodology Compare MMA rates

SCORE BREAKDOWN

APY offering:

0.25%

2/5

APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.

Minimum balance for APY:

$0.00

5/5

The lowest balance an account must maintain in order to earn interest.

Monthly service fee:

$0.00

5/5

A monthly charge a financial institution deducts from an account if certain requirements are not met.

Minimum balance to avoid fee:

$0.00

5/5

The lowest amount an account must maintain in order to avoid a fee.

Check writing:

No

3/5

The ability to write a certain amount of checks within a statement cycle.

Debit/ATM access:

Subpar

2/5

The ability to withdraw funds from an account through the use of debit or ATM card.

Pros

There’s a low minimum deposit to open a money market account at TAB Bank.
The account doesn’t charge monthly maintenance fees.
The account offers check-writing privileges.

Cons

There is a $10 fee for closing your account.
The TAB Money Market Account earns a very low APY for an online-only bank.

TAB Bank Spend Rewards Checking account overview

4.6

/5

See methodology Compare checking rates

Pros

Competitive yield on all balances, plus 1 percent cash back on debit card purchases.
No minimum deposit is required to open the account.

Cons

Customers aren’t able to deposit cash or checks into the account at ATMs.

Compare more: Bankrate's best saving account offers

Bank fees

Fee	Charged?
Overdraft fee	$0
Non-sufficient funds fee	$0
Monthly maintenance fee	$0 – $8
Out-of-network ATM fee	$2
Excessive transaction fee	None

Find out: Tips to avoid common bank fees

Customer experience

Customer support. TAB Bank has customer service hours from 6 a.m. to 7 p.m. Mountain time during the week and Saturday hours are from 9 a.m. to 3 p.m. These hours aren’t applicable for Federal holidays. Customer service requests can also be made through the bank’s “Contact us” form on its website.

Digital experience. TAB Bank is best suited for consumers who are comfortable with online and mobile banking. Its mobile app is highly rated by Apple and Android users, and it allows users to deposit money, pay bills, send money to friends or family and get account alerts.

How TAB Bank compares to other banks

Compare different account types offered by Transportation Alliance Bank. Annual percentage yields (APYs) shown were updated between Jan. 13, 2025 and Jan. 19, 2025.

Selected bank TAB Bank savings account Member FDIC Bankrate score Rating: 4.9 stars out of 5 4.9 Bankrate Savings rating = 4.9/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score.	Most comparable FNBO Direct savings account Member FDIC Bankrate score Rating: 4.5 stars out of 5 4.5 Bankrate Savings rating = 4.5/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Jan. 13, 2025 and Jan. 19, 2025.
4.26%	3.75%
Minimum balance for APY
$0.00	$0.00
Estimated earnings Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
$2,130	$1,875

TAB Bank offers a high-yield savings account that pays a competitive APY, and has easy terms for opening and maintaining the account. The high-yield savings account doesn’t require a minimum opening deposit.	FNBO’s Direct High Yield Online Savings Account offers a competitive yield, but the bank isn’t accepting new applications at the moment. FNBO expects to accept applications again in early 2024, according to its website. Only $1 is needed to open the account, and there’s no monthly service fee. You’ll earn interest on all balances. Interest is compounded and credited monthly.

The account pays a competitive APY, which you can start earning with as little as one cent	The Online Savings Account offers a competitive yield There is no minimum balance requirement The Online Savings Account doesn’t have a monthly maintenance fee You start earning interest on your first penny in the account	N/A
Other banks do have higher yields	There are limits to how much you can withdraw For example, you can only withdraw up to $1,000 each day via an ATM The bank’s Next Day Transfer Service is limited to a transfer of up to $3,000 in a business day, $3,000 in a single transaction or $10,000 in any one month The fee for an outgoing domestic wire transfer is $15 New applications are currently paused	N/A

APY offering: 4.26% 5/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $0.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Access to funds: Good 4/5 A procedure that allows an individual or organization to access and manage the funds of another account holder.	APY offering: 3.75% 4/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $0.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Access to funds: Great 5/5 A procedure that allows an individual or organization to access and manage the funds of another account holder.	APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. The lowest deposit amount an account must have before it can earn interest. A monthly charge a financial institution deducts from an account if certain requirements are not met. The lowest balance an account must maintain in order to avoid a fee. A procedure that allows an individual or organization to access and manage the funds of another account holder. Bankrate does not currently track additional product details for this bank.

Selected bank TAB Bank CD Member FDIC Bankrate score Rating: 4.1 stars out of 5 4.1 Bankrate CD rating = 4.1/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score.	Most comparable BMO Bank CD Member FDIC Bankrate score Rating: 4.2 stars out of 5 4.2 Bankrate CD rating = 4.2/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate CD rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Jan. 13, 2025 and Jan. 19, 2025.
4.21%	3.25%
Minimum deposit
$1,000.00	$1,000.00
Term
1 yr	13 mos

TAB Bank offers a handful of CDs, ranging from one to five year terms. All CDs can be opened with $1,000 and they all offer competitive rates, especially true of the shorter terms.	BMO offers many CDs, ranging from three to sixty months. Save a couple of terms, BMO CDs come with competitive yields in states where the bank doesn’t have branches. Customers need at least $1,000 to open an account. BMO offers a variety of CD specials, all with competitive APYs, too.

All CDs offer competitive yields. Interest can be withdrawn without penalty.	There are many CD options available. Almost all CDs come with highly competitive yields. The $1,000 minimum deposit requirement is reasonable.	N/A
No short-term CDs less than one year. TAB has a pretty standard $1,000 minimum opening deposit for CDs, but you could find other banks that require less.	CDs have lower yield in states where BMO has branches.	N/A

APY offering: 4.21% - 1 yr 4/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. Minimum deposit: $1,000.00 4/5 The minimum deposit amount a financial institution requires in order to open a CD. Range of term lengths: 1 yr - 5 yrs 4/5 A designated amount of time that funds must be held within a CD. Early withdrawal penalty: Good 4/5 A penalty incurred when funds have been withdrawn from a CD before its maturity date. Offer no-penalty or bump-up CDs: No 0/5 A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. Offer IRA CDs: Yes 5/5 An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.	APY offering: 3.25% - 13 mos 4/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. Minimum deposit: $1,000.00 4/5 The minimum deposit amount a financial institution requires in order to open a CD. Range of term lengths: 1 mo - 5 yrs 5/5 A designated amount of time that funds must be held within a CD. Early withdrawal penalty: Average 3/5 A penalty incurred when funds have been withdrawn from a CD before its maturity date. Offer no-penalty or bump-up CDs: Yes 5/5 A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. Offer IRA CDs: Yes 5/5 An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.	Bankrate does not currently track additional product details for this bank.

Selected bank TAB Bank money market account Member FDIC Bankrate score Rating: 3.3 stars out of 5 3.3 Bankrate Money Market rating = 3.3/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score.	Most comparable Axos Bank money market account Member FDIC Bankrate score Rating: 3.4 stars out of 5 3.4 Bankrate Money Market rating = 3.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate Money Market rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Jan. 13, 2025 and Jan. 19, 2025.
0.25%	0.25%
Minimum balance for APY
$0.00	$0.00
Estimated earnings Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
$125	$125

TAB Bank’s money market account earns a low interest rate on all balances. $25 is required to open an account. The account comes with check-writing privileges. Although there’s a six-per-month withdrawal limit, TAB Bank doesn’t charge a fee for surpassing that limit. However, the bank may convert your money market account to a checking account if this limit is surpassed on multiple occasions.	Axos Bank’s High Yield Money Market account offers the same paltry yield on all balances, much lower than the national average. There are no monthly fees or minimum balance requirements, and the account comes with check-writing privileges.

TAB’s money market account offers check-writing privileges. Only $25 is required to open an account.	There are no monthly fees. The account offers check-writing privileges.	N/A
Money market accounts with higher yields are easily found elsewhere. There’s a $10 fee to close your account. A $30 returned item fee can be charged up to $150 per day.	Yields are much lower than the national average.	N/A

We want to know what you think about Transportation Alliance Bank

Do you have experience with Transportation Alliance Bank? Let us know your thoughts.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.

Transportation Alliance Bank customer reviews

Transportation Alliance Bank has 24 reviews

Dive into community reviews below and see what others think about Transportation Alliance Bank .

4.4

24 ratings

Star ranking and total number reflects the lifetime customer reviews received while this bank has been monitored by Bankrate. To help serve you with relevant information, the customer reviews shown below are limited to only those that this bank has received during the past 12 months.

Score breakdown

5 stars

54%

4 stars

42%

3 stars

0%

2 stars

0%

1 star

4%

Score by category

Overall Rating 4.4 / 5

Competitiveness of APY 4.1 / 5

Amount of fees 4.1 / 5

Customer support 4.1 / 5

Website / Mobile app 4 / 5

Bankrate methodology disclosure

In July 2024, Bankrate collaborated with a third-party vendor to survey 1,200 bank account holders nationwide. Bankrate and our vendor collected and summarized account holder responses to five rating questions on a 5-point scale as well as open-ended reviews of the banking experience. Responses are based on individual account holder product details, and therefore cannot be verified for accuracy. Reviewers received an incentive for their feedback. Their ratings are unedited and have not been reviewed or approved by the associated bank or credit union, nor do these responses reflect Bankrate's own expert review of these banking products.

Community Reviews

See what users like you are saying about Transportation Alliance Bank .

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Anonymous account holder

September 13, 2024

It works really well. My parents recommended it.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 4 / 5

Website / Mobile app 3 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) Yes

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

The ability to access the website. It's a very good experience normally.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 4 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) Yes

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

I have been having a smooth experience with no issues or concerns which makes me happy. I want an easy experience with low risk associated with other banks.

Score by category

Amount of fees 3 / 5

Competitiveness of APY 3 / 5

Customer support 4 / 5

Website / Mobile app 3 / 5

Accounts held by this user

Certificate of Deposit (CD) Yes

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

Local bank and convenient.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 3 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

It helps you save money quickly. They're a wonderful company.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 5 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) Yes

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

Good. Reliable easy and safe.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 4 / 5

Website / Mobile app 5 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account No

Checking Account Yes

Anonymous account holder

September 13, 2024

The interest and has very good, good customer service.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 4 / 5

Website / Mobile app 5 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

That it is very convenient and easily navigable. Customer service is excellent and helps expeditiously. Full service bank.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 3 / 5

Website / Mobile app 1 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) Yes

Savings Account No

Checking Account No

Anonymous account holder

September 13, 2024

That it’s affordable and the customer service is very good and helpful. Stability, better savings and good security.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 2 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account Yes

Checking Account No

Anonymous account holder

September 13, 2024

You must be willing to let the money sit for a certain amount of time in order to make anything. They have excellent service and products and are the best choice for anyone.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 5 / 5

Website / Mobile app 5 / 5

Accounts held by this user

Certificate of Deposit (CD) Yes

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Date Bankrate gathers rate data either directly from our partners, or through our proprietary rate surveying service. The rate change date is based on when Bankrate received or captured the rate change and may differ from the actual date the rate changed.	TAB Bank APY APY last updated between 1/13 and 1/19. APY last updated between 1/13 and 1/19	National average APY The “national average” is determined by Bankrate’s comprehensive national survey of savings accounts and CDs and reflects the monthly average APY for each product.
01/07/2025	4.26%	0.55%
12/10/2024	4.37%	0.57%
10/08/2024	4.52%	0.57%
10/01/2024	5.02%	0.57%
09/03/2024	5.02%	0.61%
07/23/2024	5.02%	0.59%
05/07/2024	5.27%	0.59%
04/02/2024	5.27%	0.58%
03/05/2024	5.27%	0.57%
01/23/2024	5.27%	0.58%

Date Bankrate gathers rate data either directly from our partners, or through our proprietary rate surveying service. The rate change date is based on when Bankrate received or captured the rate change and may differ from the actual date the rate changed.	TAB Bank APY APY last updated between 1/13 and 1/19. APY last updated between 1/13 and 1/19	National average APY The “national average” is determined by Bankrate’s comprehensive national survey of savings accounts and CDs and reflects the monthly average APY for each product.
01/07/2025	3.81%	1.41%
12/03/2024	3.87%	1.42%
10/01/2024	3.25%	1.42%
09/10/2024	3.75%	1.43%
09/03/2024	4.00%	1.43%
08/06/2024	4.00%	1.44%
07/02/2024	4.00%	1.42%
06/04/2024	4.00%	1.43%
04/02/2024	4.00%	1.42%
03/12/2024	4.00%	1.43%
02/06/2024	4.00%	1.42%
01/23/2024	4.00%	1.43%

TAB Bank Review 2025

The Bankrate promise

At a glance

Overview

Highlights

Overall

Pros

Cons

TAB Bank banking products

TAB Bank Tab Save savings account overview

Pros

Cons

Rate history for TAB Bank's Savings account

TAB Bank certificates of deposit overview

Pros

Cons

Rate history for TAB Bank's CD accounts

TAB Bank money market account overview

Pros

Cons

TAB Bank Spend Rewards Checking account overview

Pros

Cons

Bank fees

Customer experience

How TAB Bank compares to other banks

We want to know what you think about Transportation Alliance Bank

Review methodology

Transportation Alliance Bank customer reviews

Transportation Alliance Bank has 24 reviews

Community Reviews

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