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Home News

TAB Bank Reports Significant Achievements for 2024-2025

TAB Bank demonstrates strong growth with expanded business lending and community investment.

byRita Garwood
April 11, 2025
in News

OGDEN, Utah, April 10, 2025—TAB Bank has announced several significant achievements for the past year, highlighting the bank’s growth and commitment to its customers and communities.

The bank has been named a Top 10 Best Online Bank for 2025 by GOBankingRates and has doubled the size of its small business lending portfolio in two years. Additionally, TAB Bank has issued $65 million in community development loans, investments, and grants.

In product development, the bank launched TAB Spend, a rewards checking account, and rebranded their high-yield savings account, TAB Save, which now offers one of the nation’s highest interest rates for savings accounts.

TAB Bank expanded community involvement through employee volunteer programs supporting organizations including United Way, Family Support Center, Habitat for Humanity, Enable, Weber State University Wildcat MicroFund, and Ogden Rescue Mission. The bank donated more than 1,500 Community Reinvestment Act (CRA) qualified service hours and received an FDIC “satisfactory rating.”

Customer service achievements include reaching NPS scores in the top 93rd percentile of the banking industry. The bank has also revamped its technology strategy to make systems more modular and responsive to client needs.

“For more than 25 years, TAB Bank has been driven to empower our customers to achieve their goals,” said Austin Strong, CEO of TAB Bank. “We’re excited for what’s ahead for the bank and its customers.”

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