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Santa Barbara Tax Products Group

American tax refund processor

American tax refund processor

FieldValue
nameSanta Barbara Tax Products Group
typeSubsidiary
industryFinancial services
founded
location_citySan Diego, California
location_countryUnited States
area_servedNationwide
parentGreen Dot Corporation
homepage

Santa Barbara Tax Products Group is an American tax preparation and tax refund company based in San Diego, California. The company services U.S. taxpayers and provides refund anticipation loans. It is a subsidiary of the Green Dot Corporation.

Santa Barbara Tax Products Group is the second largest provider of tax refund-related products behind H&R Block Bank.

History

Santa Barbara Tax Products Group was established in 2010 upon the sale of the Tax Products Business Unit of Santa Barbara Bank & Trust (SBBT), and was acquired by Green Dot Corporation in 2014.

Products

Santa Barbara Tax Products Group processes tax refund-related financial products on behalf of University National Bank, servicing U.S. taxpayers through partnering tax professionals including Jackson Hewitt Tax Service, and online tax preparation software providers including Turbo Tax.

References

References

  1. 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"
  2. American Banker. January 15, 2010 "http://www.americanbanker.com/news/pacific-capital-closes-sale-1006149-1.html?zkPrintable=true"
  3. (18 September 2014). "Green Dot to Acquire Santa Barbara Tax Products Group - America's Largest Consumer Tax Refund Transaction Processor {{!}} Business Wire".
  4. (July 2021). "Green Dot Completes Acquisition of Santa Barbara Tax Products Group". Reuters.
  5. 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"
  6. Bank Talk, ''SBTPG Secures Settlement Product Funding''. December 9, 2010. "http://banktalk.org/2010/12/09/sbtpg-secures-settlement-product-funding/"
  7. (2010-12-09). "Jackson Hewitt says has full assisted refund coverage". Reuters.
  8. "Coming up in 2010 Tax Software".
  9. "Using Refund Transfer or Refund Processing Services to Pay TurboTax Fees - TurboTax® Software Support".
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