Santa Barbara Tax Products Group

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
IndustryFinancial services
SuccessorGreen Dot Corporation(2014)
Founded2010 (2010)
HeadquartersSan Diego, California
Area served
Nationwide
Websitewww.sbtpg.com

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]

References

  1. American Banker. January 15, 2010 "http://www.americanbanker.com/news/pacific-capital-closes-sale-1006149-1.html?zkPrintable=true"
  2. "Green Dot to Acquire Santa Barbara Tax Products Group - America's Largest Consumer Tax Refund Transaction Processor | Business Wire". www.businesswire.com. Retrieved 2016-02-15.
  3. "Green Dot Completes Acquisition of Santa Barbara Tax Products Group". Reuters. 2014-10-23. Retrieved 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. Reuters, Jackson Hewitt says has full assisted refund coverage. December 9, 2010. "https://www.reuters.com/article/2010/12/09/us-jacksonhewitt-idUSTRE6B83P020101209"
  7. The Progressive Accountant. December 8, 2010. ""Archived copy". Archived from the original on 2011-03-17. Retrieved 2011-05-07.CS1 maint: archived copy as title (link)"
  8. http://turbotax.intuit.com/support/iq/Tax-Refund/Using-Refund-Transfer-or-Refund-Processing-Services-to-Pay-TurboTax-Fees/GEN12098.html
  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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