About TAB Bank
Transportation Alliance Bank, or TAB Bank, as it is more commonly known, was founded in 1998, offering banking services and products to the trucking community.
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TAB Bank Overview
TAB Bank is an online-only bank that offers typical products such as CDs, checking, money market, and savings accounts. TAB Bank offers relatively low fees and low minimum opening deposit requirements. It also offers fee-free access to more than 55,000 MoneyPass ATMs nationwide.
| Offers many CDs with competitive APYs. | Online-only bank with no physical branches. |
| Offers a high-yield savings account with a competitive APY. | Low APY on non-CD accounts. |
| Most non-CD accounts offer low to no minimum opening deposit. | |
| 24-hour grace period for overdrafts of $50 or greater. | |
| There are no monthly service charges for any account. |
TAB Bank Product Offerings
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. TAB Bank offers CDs with terms ranging from nine months to five years. It offers competitive APYs on all of its CDs, with most offering yields at or above the national average of 2.60%.Here are the details for some of the bank's CD offerings for the month! and 2025:
Checking Accounts
TAB Bank has several different business and personal checking accounts. All of the checking accounts offer APYs at or slightly above the national average of 0.01% for checking accounts. None of the accounts assess a monthly service charge or require a minimum opening deposit. Here are the latest account details for April 2025:
Money Market Accounts
A money market account is an interest-bearing hybrid between a savings account and a checking account. TAB Bank offers both personal and business money market accounts, one of which offers a competitive APY higher than the national average of 2.02%. Here are the account details for April 2025:
Savings Accounts
A savings account is an interest-bearing account that pays you interest while you save for your financial goals. TAB Bank offers a few different savings accounts. All accounts have no monthly service charge and little to no minimum opening deposit. The yield offered for the personal savings account is much higher than the national average of 1.45%, while the business savings account APY is lower. Here are the latest savings account details for April 2025:
Bank Fees
Overdraft fee: $30 per overdraft; $150 daily maximum
Savings and Money Market Account excess withdrawals: None
Account closure fee: None
Dormant account fee: None
Wire transfer fee: Domestic - Incoming is $15 and outgoing is $30; International - Incoming is $15 and outgoing is $30
Non-network ATM fee: $2
Monthly service charge: $8(TAB Chrome Checking Account)
Stop payment fee: $25
Paper statement fee: $5
TAB Bank Features
TAB Bank's customer service line is available weekdays from 6 a.m. to 7 p.m. CST and on Saturdays from 9 a.m. to 3 p.m. CST. The bank offers fee-free access to more than 55,000 MoneyPass ATMs nationwide. It also offers an easy-to-use mobile app that allows customers to manage their accounts and perform basic account functions.
TAB Bank FAQs
Our Take
TAB Bank is an online-only bank that offers competitive APYs on all of its CDs, doesn't have any monthly service charges on any of its accounts, and requires little to no minimum opening deposits on its non-CD accounts. It offers fee-free access to more than 55,000 MoneyPass ATMs across the country. It may be a very good bank for truckers, for whom the bank was founded, and everyone else who doesn't mind banking with an online-only bank.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.