Santa Barbara Tax Products Group Explained

Santa Barbara Tax Products Group
Successor:Green Dot Corporation(2014)
Location:San Diego, California
Area Served:Nationwide
Industry:Financial services

Santa Barbara Tax Products Group is based in San Diego, California and operates as a subsidiary of Green Dot Corporation. Santa Barbara Tax Products Group was established in 2010 upon the sale of the Tax Products Business Unit of Santa Barbara Bank & Trust (SBBT),[1] and was acquired by Green Dot Corporation in 2014.[2] [3]

Santa Barbara Tax Products Group processes tax refund-related financial products on behalf of University National Bank,[4] [5] servicing U.S. taxpayers through partnering tax professionals including Jackson Hewitt Tax Service,[6] and online tax preparation software providers including Turbo Tax.[7] [8] Santa Barbara Tax Products Group is the second largest provider of tax refund-related products behind H&R Block Bank.[9]

External links

Notes and References

  1. American Banker. January 15, 2010 "http://www.americanbanker.com/news/pacific-capital-closes-sale-1006149-1.html?zkPrintable=true"
  2. Web site: Green Dot to Acquire Santa Barbara Tax Products Group - America's Largest Consumer Tax Refund Transaction Processor Business Wire. www.businesswire.com. 18 September 2014. 2016-02-15.
  3. News: Green Dot Completes Acquisition of Santa Barbara Tax Products Group. Reuters. 2014-10-23. 2016-02-15.
  4. Office of Comptroller of Currency, Consumer Alternatives for Receiving Income Tax Refunds,. February 18, 2010. "http://www.occ.treas.gov/news-issuances/consumer-advisories/2010/consumer-advisory-2010-1.html"
  5. Bank Talk, SBTPG Secures Settlement Product Funding. December 9, 2010. "http://banktalk.org/2010/12/09/sbtpg-secures-settlement-product-funding/"
  6. News: 2010-12-09 . Jackson Hewitt says has full assisted refund coverage . en . Reuters . 2023-05-09.
  7. The Progressive Accountant. December 8, 2010. "Web site: Coming up in 2010 Tax Software . 2011-05-07 . dead . https://web.archive.org/web/20110317084248/http://www.theprogressiveaccountant.com/tax/coming-up-in-2010-tax-software.html . 2011-03-17 . "
  8. Web site: Using Refund Transfer or Refund Processing Services to Pay TurboTax Fees - TurboTax® Software Support . turbotax.intuit.com . dead . https://web.archive.org/web/20110130025036/http://turbotax.intuit.com/support/iq/Tax-Refund/Using-Refund-Transfer-or-Refund-Processing-Services-to-Pay-TurboTax-Fees/GEN12098.html . 2011-01-30.
  9. The NCLC/CFA 2011 Refund Anticipation Loan Report. February 2011. "http://www.nclc.org/images/pdf/high_cost_small_loans/ral/report-ral-2011.pdf"

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