TAB Bank
Last Updated: 6/20/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
TAB Save: 4.26% APY(Rank 23 out of 74 tracked HYSAs)
Minimum Deposit: $1,000 | Online Only
National Savings Interest Rate: 0.42% (as of 5/19/2025)
Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.
(Source: FDIC)Bank Overview
Location: Ogden, Utah
Founded: 1998
Affiliation: Full name: Transportation Alliance Bank, Inc.
Access to Branches: None
BBB Rating: A+ (Not BBB Accredited)
App Store Rating: 4.7/5
Google Play Rating: 4.4/5
Website: Visit TAB Bank
Our Take on TAB Bank
Highlights
- Current APY of 4.26%, unchanged from 30 days ago.
- No maintenance fees on the TAB Save account.
- A+ BBB rating indicates strong trustworthiness.
- High App Store rating of 4.7.
Considerations
- No branches available for in-person banking.
- Minimum deposit requirement of $1,000 for TAB Save.
- Direct deposit not required but may limit options.
- Not BBB Accredited despite high rating.
Summary: TAB Bank offers a high-yield savings account, TAB Save, with a competitive APY of 4.26% and no maintenance fees. However, it requires a minimum deposit of $1,000 and has no physical branches, which may deter some savers. While the bank has a strong A+ BBB rating, it is not BBB Accredited. The bank's mobile app ratings are solid, with a 4.7 on the App Store and 4.4 on Google Play.
Savings Account
Savings Account Offered by TAB Bank
| Feature | TAB Save |
|---|---|
| APY | 4.26% (as of 6/20/2025) |
| APY Trend | Stable for the last month |
| Minimum Deposit | $1,000 |
| Minimum Balance for APY | $0.01 |
| FDIC-insured | Yes |
| Online Only | Yes |
| Bundled Account | No |
| Direct Deposit Required | No |
| Compound Frequency | Daily |
| Maintenance Fee | $0 |
| Eligibility | United States |
No deposit agreement summary available for this bank. | |
Calculate Savings for TAB Bank
All calculations are based on APY.
TAB Save (APY: 4.26%)
Deposit Frequency:
Total savings breakdown:
- Interest earned: $43 (4.12%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.88%)
Your total balance
$1,043.00
Effective APY: 4.26% (based on your deposit and contributions)
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
TAB Bank Savings Rates Over Time
Historical APY Insights
| Metric | TAB Save |
|---|---|
| Latest APY | 4.26 % |
| Trend | Sideways |
| Slope (bps/mo) | -0.0 |
| Rate Changes / Mo | 0.00 |
| Days Since Last Change | 151 |
| High (-5 m) | 4.26 % |
| Low (-5 m) | 4.26 % |
| Draw-down from High | 0.0 % |
| Volatility (CV) | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 5 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-5 m)
- Highest APY in the last 151 days.
- Low (-5 m)
- Lowest APY in the last 151 days.
- Draw-down from High
- How far today sits below the 5-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
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| Feature | TAB Bank | Select a bank... |
|---|---|---|
| Product | TAB Save | N/A |
| APY | 4.26% (as of 6/20/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Daily | N/A |
| Minimum Deposit | $1,000 | N/A |
| Minimum Balance for APY | $0.01 | N/A |
| Maintenance Fee | $0 | N/A |
| Direct Deposit Required | No | N/A |