TAB Bank Reviews

The overall sentiment for TAB Bank is strongly negative, with most reviewers expressing dissatisfaction regarding both consumer lending practices and customer service experiences. Negative feedback consistently highlights delayed processes, unhelpful communication, and dissatisfaction with high interest rates on loan products. A minority of customers report positive experiences, specifically mentioning attractive savings interest rates and improvements in digital security and user interfaces.

Common themes appearing across the reviews include complaints about hidden or poorly communicated policies, unresolved application denials, and concerns over lending transparency and exorbitant interest rates on loans such as 'Snap Loan' and 'easy pay.' On the positive side, some customers appreciate the security updates, user experience improvements in digital banking, and the bank’s conservative financial approach, especially for savings accounts.

Overall, TAB Bank is perceived as offering competitive deposit rates but struggles with reputational challenges in customer service and lending practices, especially in Utah and for digital banking customers. Trust issues and frustration over transparency limit broader recommendation for new clients.

TAB Bank is a financial institution operating primarily in the banking industry, focusing on savings accounts, certificates of deposit (CDs), and consumer lending products. Its services are delivered through both physical presence in Utah and digital platforms accessible to clients across the United States.

The company manages customer accounts, processes loan applications, and facilitates digital banking via its website and mobile app. TAB Bank’s model includes routine security upgrades, user experience enhancements, and adherence to conservative banking policies regarding account approvals, deposits, and lending criteria.