Today's 12-month CD rates can be found at 3.25%, 6-month CD rates at 1.00% and 3-month CD rates at 0.03%. Current savings rates are at 0.50% and money market rates are at 0.05%. Mortgage rates today on 30-year fixed loans are around 6.07%. Credit Card rates are at 19.74%. Personal Loan rates are at 10.00%. All these rates, and more, can be found in our database of rates. TAB Bank's 12-Month CD rates are at 4.10%, 18-Month CD rates are at 4.05%, 24-Month CD rates are at 4.00%, 36-Month CD rates are at 3.80%, 60-Month CD rates are at 3.75%. TAB Bank's savings rates are at 4.15%. TAB Bank's money market rates are at 0.25%.
To see how these rates compare to TAB Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from TAB Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with TAB Bank CD rates. You can also compare TAB Bank savings rates, MMA rates and mortgage rates using our other rate lists.
TAB Bank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at TAB Bank? Share your experience about TAB Bank by leaving a review below, or read customer reviews before you decide to use TAB Bank.
TAB Bank Texas Ratio
TAB Bank's Texas Ratio is at 13.32%, which is considered excellent.
The Texas Ratio for TAB Bank is higher than the national average of all banks, currently at 6.13%.
The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks.
Banks that have a Texas Ratio of 100% or more have a high chance of failing.
Overall, TAB Bank is an excellent bank worth considering, with an overall rating of 4 stars out of 5 stars.
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
Compare TAB Bank Rates with Other Competitive Bank and Credit Union Rates
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.
TAB Bank Information
TAB Bank
4185 Harrison Blvd Ogden, UT 84403 Weber
Established Date: 10/01/1998
FDIC Certificate #: 34781
Date of FDIC Deposit Insurance: 10/01/1998
Bank CD rates are higher this week as ten different banks increased CD rates on a wide range of CD products. The largest increase was from TAB Bank, which increased their 6 month CD rate by 25 basis to 2.12 percent. TAB now has the second highest 6 month CD rate currently available. The highest 6 month rate is held by My eBanc at 2.20 percent.
The second largest increase was from Home Savings Bank, who increased their 2 year CD rates by 15 basis points to 2.65 percent. Popular Direct currently has the top 2 year CD rate at 2.91 percent with a yield of 2.95 percent.
Another recent milestone is seeing 3 year CD rates hit 3.00 percent for the first time in nearly a decade. M.Y. Safra Bank, FSB, is the latest bank to increase their 3 year rates. M.Y. Safra Bank now has their 3 year rate at 2.97 percent with a yield of 3.00 percent.
Several banks and credit unions increased CD rates this week and as a result, the best 12 month CD rates are now at 2.50 percent, a multi-year high. The last time 1 year CD rates were in the 2.50 percent range, was during the financial crisis in 2008/2009.When the financial crisis hit and caused the Great Recession, the Federal Reserve lowered the fed funds rate to nearly zero percent. This caused deposit rates to plummet to all-time lows the following four years. The best 12 month CD rates were actually under 1.00 percent at the low point in 2013.National average rates were even worse because of big brick and mortar banks were offering extremely low rates. At the lowest point during early 2013, MonitorBankRates.com reported 12 month CD rates averaged 0.68 percent. The FDIC's weekly national average rates were even lower, averaging a low of 0.20 percent. Read more...
We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from CrestMark Bank. You can read about that post Crestmark Bank Best Rate 1.70%.The uptrend for CD rates will continue for the rest of this year and into at least 2018 and it may last even longer if the economy doesn't fall into a recession. The Federal Open Market Committee meets this month and will more than likely increase the fed funds rate by 25 basis points.Another fed funds rate increase will put additional upward pressure on short term interest rates. 1 year CD rates could therefore hit 1.90 percent this month and 2.00 percent sometime early in 2018. Back in early October, we forecast 1 year CD rates hitting 2.00 percent as a result of another fed funds rate increase. Read more...
The Federal Reserve wrapped up their two day meeting yesterday and decided to keep the fed rates unchanged. The Fed was expected to stand pat on rates during the September meeting. Even though the Fed kept rates where they are, online CD rates continue to march higher.Between this Fed meeting and the last meeting in July, we have witnessed several new highs for short term CD rates. 1 year CD rates already made two new highs in the month of September. On September 5th, we reported the top 1 year CD rate increased to 1.60 percent and now the top 1 year rate is at 1.65 percent.We are still predicting 1 year CD rates will hit a high of 1.75 percent by the end of 2017 but only if the Fed increases the fed funds rate once more this year. You can see a list of the best 1 year CD rates listed below. Read more...
The top CD rates continue to move higher as the best 2 year CD rate hits 1.70 percent this week. 2 year CD rates at Connexus Credit Union take the top spot this week at 1.69 percent with a yield of 1.70 percent. Connexus has the best rate this week but two banks are right on the credit union's tail.
Northern Bank Direct, EverBank, and Popular Direct have the second best 2 year rate this week at 1.64 percent with a yield of 1.65 percent. We have another three-way tie for third place, My e-BAnC by BAC Florida Bank, TAB Bank, and VirtualBank all have a current 2 year rate of 1.61 percent with a yield of 1.62 percent.
Not only are the top rates moving higher this week, average 2 year CD rates are also higher. The current average 2 year CD rate is at 1.50 percent, up from last week's average 2 year rate of 1.47 percent. Listed below are the top ten 2 year CD rates for the week ending April 15, 2017.
Best 2 Year CD Rates
Connexus CU - Rate 1.69% Yield 1.70%
Northern Bank Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
Popular Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
TAB Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
My e-BAnC by BAC Florida Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
VirtualBank - Rate 1.60% Yield 1.61% (tied for 3rd place)
Banesco USA - Rate 1.60% Yield 1.60%
Capital One Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
Synchrony Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
M.Y. Safra Bank, FSB - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
Congressional Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
First Internet Bank of Indiana - Rate 1.56% Yield 1.57%
CD Bank - Rate 1.55% Yield 1.56%
Nationwide Bank - Rate 1.50% Yield 1.51% (tied for 8th place)
Pentagon Federal Credit Union - Rate 1.50% Yield 1.51% (tied for 8th place)
CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.
This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.
The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.
TAB Bank CD rates were changed on short term and intermediate term certificates of deposit. All the CD rate changes were higher with the exception of the 6 month rate. 6 month CD rates were lowered from 0.95 percent to 0.92 percent. Even with the 3 basis point decline, the 6 month CD rate at TAB Bank remains in 2nd place in our 6 month rate list.
TAB Bank's 1 year CD rate was increased from 1.21 percent with a yield of 1.22 percent to 1.24 percent with a yield of 1.25 percent. TAB's new 1 year CD rate places the bank in 3rd place on our 1 year rate list, up from 4th place before the rate increase.
You can search for and compare CD rates from many banks and credit unions by searching our rate lists at MonitorBankRates.com.
TAB's 2 year rate remains in 5th place on our 2 year rate list - 2 year CD rates were increased from 1.41 percent to 1.43 percent. 2 year yields were increased from 1.42 percent to 1.44 percent.
TAB's 3 year CD rate was in 2nd place before the increase and is now the best 3 year CD rate in our database - 3 year CD rates were increased from 1.56 percent to 1.61 percent. The yield was increased from 1.57 percent to 1.62 percent.
The Federal Open Market Committee meets this week to decide the direction of interest rates. Unfortunately, it's looking like the FOMC won't increase the fed funds rate. This is bad news for depositors as both short term and long term deposit rates will remain near current levels or only move slightly higher.
After this week's meeting, the Fed has two more scheduled meetings in 2016, one in November and one in December. It's unlikely the Fed will increase the rate just before the election so that leaves one more chance of a rate hike in 2016. Right now, the CME Group's FedWatch Tool has a 45 percent chance the Fed funds rate will be higher than the current level after the December meeting.
The good news is we are seeing banks in our database increase their CD rates to compete with the top national rates available. The bad news is we are not seeing any sharply higher rates and won't until the Fed gets moving on increasing the fed funds rate.
TAB Bank CD rates were recently increased on the bank's short term and intermediate term certificates of deposit. With these rate increases, TAB Bank's 3 month, 6 month, 1 year, 2 year, and 3 year CD rates are now in the top 5 CD rates available for each one of those CD terms.
The largest percentage rate increase was on the bank's 6 month CDs. The 6 month CD rate was increased 50 percent from 0.60 percent to 0.90 percent. At 0.90 percent, the 6 month rate puts the bank in second place on our 6 month rate list. The top 6 month CD rate is from Live Oak Bank, which is offering a rate and yield of 1.00 percent.
TAB Bank (TAB), formerly Transportation Alliance Bank, has been in business for almost 20 years. The bank was established as an Industrial Loan Corporation (ILC) in 1998. TAB is an affiliate of TAB Bank Holdings Inc., headquartered in Ogden, UT.
TAB Bank 2 Year Jumbo CD rates are now at 1.20 percent with a yield of 1.20 percent. View current 2 Year Jumbo CD rates at TAB Bank below. Read more...
The Federal Open Market Committee (FOMC) meets again next week to decide on monetary policy. If the FOMC decides to increase the fed funds rate, CD rates will also move higher. Fed Chair, Janet Yellen, is still talking up a rate hike sometime in 2015 but some Fed officials say the first hike will happen in 2016.
The final FOMC meeting for 2015 will be in December. If a hike doesn't happen next week, the FOMC has one final chance to raise the rate this year. The CME's FedWatch Tool now has a 29.2 percent chance of a hike in December, down from 35.4 percent last month.
The past several months, banks and credit unions in our rate database have been slowing increasing their rates in anticipation of a Fed rate hike. Both short term and long term CD rates have been increased by financial institutions. The increases have been small but at least rates are finally moving higher after a half dozen years of decreases.
TAB Bank increased CD rates on all of the certificates of deposit the bank is offering. Some of the increases were quite substantial. The biggest rate increases were on regular 1 year and 1 year jumbo certificates of deposit. Regular 1 year rates were increased 30 basis points and 1 year jumbo rates were increased 55 basis points. In fact, 1 year jumbo rates were nearly doubled. You can see all of the rate increases below. For a list of CD rates from many different banks you can search our database at Monitor Bank Rates.
CD rates are moving higher in the coming years because the Federal Reserve will be increasing their key benchmark rate, the federal funds rate. Therefore you should stay invested in shorter term certificates of deposit to take advantage of higher CD rates when they do arrive.To help you with your search for the best CD rates right now on short term certificates of deposit, we have compiled lists of the top 3 month and 6 month rates available.Top 6 Month CD Rates and APYRead more...
Below is the short list of average CD rates and the best CD rates available for the week of August 19, 2013. We don't expect short term CD rates to move higher any time soon but long term CD rates should continue to move higher in the coming months.The highest 3 month CD rates available this week are at 0.45 percent while the average 3 month rates are at a fraction at 0.08 percent. Below is a list of banks offering the highest 3 month rates in our database:Read more...
CD Rates this week remain relatively unchanged as we move closer and closer to the fiscal cliff. The equities markets are starting to get a little jittery as the debt talks move very slowly. On Sunday, Christine Lagarde, the head of the International Monetary Fund, warned that U.S. growth will fall to zero percent in 2013 if no deal is made on the fiscal cliff. Both stock prices and Bond yields are slightly lower this morning.Current average bank CD rates this week on 1 year certificates of deposit are unchanged at 0.74 percent in Bankrate's national average rate survey. The FDIC's weekly rate survey for the week ending December 3, has 12 month CD rates at banks averaging 0.25 percent, unchanged from the prior week's survey. A new survey is due out today but average CD rates on 1 year certificates of deposit will probably be unchanged at 0.25 percent.The best CD rates on 12 month certificates of deposit on our rate list are from ableBanking. Current ableBanking rates are at 1.11 percent with an APY of 1.12 percent. ableBanking now has the highest CD rates right now on our 12 month list. Last week the title belonged on AloStar Bank which now has the second best CD interest rate on our rate list at 1.10 percent with an APY of 1.11 percent. Read more...
Average CD rates for both short term and long term certificates of deposit are very low these days. Unfortunately CD rates will stay at very low levels for at least the next three years. The Federal Reserve just announced it will keep the Federal funds rate in a targeted range of zero percent to one quarter percent until mid-2015. The Fed recently extended the time period from the end of 2014 until mid-2015 to help the economy and lower the unemployment rate. A near zero percent Fed funds rate will keep downward pressure on all interest rates, including deposit rates.Current 3 year bank CD rates are averaging 0.58 percent and current 3 year jumbo CD rates are averaging 0.59 percent in the FDIC's Weekly National Rate and Rate Caps Survey. The best CD rates on 3 year certificates of deposit are more than double the national average. The highest CD rates on 36 month certificates of deposit on our rate list are from CIT Bank. Current CIT Bank CD rates on 3 year CD accounts are at 1.41 percent with an APY of 1.42 percent. The minimum opening deposit for a CIT Bank certificate of deposit is $1,000.The second highest CD interest rates on our 3 year rate list are from Discover Bank. Current 3 year Discover Bank CD rates are at 1.34 percent with an APY of 1.35 percent. The minimum opening deposit for a Discover certificate of deposit is $2,500. Read more...
For over 4 years we have been reporting on CD rates moving lower and lower. Back just before the financial crisis in 2008 there were bank CD rates available as high as 5.00 percent on 12 month certificates of deposit. The best CD rates on 60 month certificates of deposit were also around 5.00 percent. Discover Bank CD Rates on 5 year certificates of deposit were at 5.21 percent APY. Right now the highest CD rates on 5 year certificates of deposit are under 2.00 percent and the highest CD rates on 1 year certificates of deposit are just north of 1.00 percent.Right now the best CD bank rate on our 5 year certificate of deposit rate list is from CIT Bank at 1.83 percent with an APY of 1.85 percent. A 5 year CD rate of 1.83 percent doesn't sound like a great rate compared to where rates were several years ago but when compared to the FDIC national average 5 year CD rate of 0.98 percent things start to look a lot better.The second highest CD rates at banks on our 60 month certificates of deposit rate list is also well above the FDIC national average. Third Federal Savings and Loan is offering 60 month CD interest rates at 1.74 percent with an APY of 1.75 percent. Third Federal's rate is also well above Bankrate's current 5 year national average of 1.36 percent. Read more...
Just a few years ago 1 year bank CD rates were higher than where 5 year CD rates are today. These days you can't really find 5 year CD rates at banks above 2.00 percent. The best CD rate on our 5 year rate list is from Barclays Bank, a bank that recently entered the U.S. market.Barclays Bank is offering 5 year CD interest rates at 1.78 percent with an APY of 1.80 percent. Barclays Bank 5 year rate is 37 basis points higher than the current national average 5 year CD rate of 1.41 percent. The FDIC's national average 5 year rate is even lower at 1.06 percent.Other banks offering some of the best CD rates on 5 year CDs include Discover Bank, Third Federal Savings and Loan and Intervest National Bank. 5 year CD rates at all three banks are currently at 1.73 percent with an APY of 1.75 percent. Read more...
The current FDIC national average 3 month CD rate is 0.13%, the FDIC's rate cap is 0.88 percent. There are many banks offering 3 month CD rates higher than the average but right now no CD rates at banks on our list has a rate as high as the FDIC's cap of 0.88 percent.EverBank has the best 3 month CD rate at 0.66 percent with an an APY of 0.66 percent. The minimum opening CD account balance at EverBank is $1,500.Right behind EverBank is E-Loan with the second highest 3 month CD rate on our list. E-Loan's current 3 month CD rate and yield is 0.65 percent. The current 3 month E-Loan CD rate is higher than their 6 month (.050%) and 9 month (0.60%) rates. E-Loan's minimum opening balance is $10,000. Read more...
For the first time ever, average 30 year jumbo mortgage rates are lower than 30 year conforming mortgage rates in a recent mortgage survey. The Mortgage Bankers Association released their Weekly Mortgage Applications Survey showing average 30 year jumbo rates at 4.71 percent and average 30 year conforming rates at 4.73 percent.
Bank of Internet is offering one of the highest online savings account yields available in the U.S.. The savings account currently yields 3.51%. There is an initial deposit requirement of $100 but no minimum daily balance requirement.
Low mortgage rates are bringing buyers back into the market for homes driving existing home sales higher for the third consecutive month. In addition to low home mortgage rates driving sales higher, the $8,000 first time home buyer tax credit and near record home affordability is also bring home buyers back to the real estate market.
Bank of Internet is offering one of the highest online savings account yields available in the U.S.. The savings account currently yields 3.51%. There is an initial deposit requirement of $100 but no minimum daily balance requirement.
Low mortgage rates are bringing buyers back into the market for homes driving existing home sales higher for the third consecutive month. In addition to low home mortgage rates driving sales higher, the $8,000 first time home buyer tax credit and near record home affordability is also bring home buyers back to the real estate market.
Another recent milestone is seeing 3 year CD rates hit 3.00 percent for the first time in nearly a decade. M.Y. Safra Bank, FSB, is the latest bank to increase their 3 year rates. M.Y. Safra Bank now has their 3 year rate at 2.97 percent with a yield of 3.00 percent.
We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from 
Between this Fed meeting and the last meeting in July, we have witnessed several new highs for short term CD rates. 1 year CD rates already made two new highs in the month of September. On September 5th, we reported the 
Current average bank CD rates this week on 1 year certificates of deposit are unchanged at 0.74 percent in Bankrate's national average rate survey. The FDIC's weekly rate survey for the week ending December 3, has 12 month CD rates at banks averaging 0.25 percent, unchanged from the prior week's survey. A new survey is due out today but average CD rates on 1 year certificates of deposit will probably be unchanged at 0.25 percent.The 
