Santa Barbara Tax Products Group

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
Company typeSubsidiary
IndustryFinancial services
Founded2010; 14 years ago (2010)
Headquarters,
Area served
Nationwide
ParentGreen Dot Corporation
Websitewww.sbtpg.com

Santa Barbara Tax Products Group is the second largest provider of tax refund-related products behind H&R Block Bank.[1]

History

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Santa Barbara Tax Products Group was established in 2010 upon the sale of the Tax Products Business Unit of Santa Barbara Bank & Trust (SBBT),[2] and was acquired by Green Dot Corporation in 2014.[3][4]

Products

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

References

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  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. ^ "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. Retrieved 2016-02-15.
  4. ^ "Green Dot Completes Acquisition of Santa Barbara Tax Products Group". Reuters. 2014-10-23. Retrieved 2016-02-15.[dead link]
  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. ^ "Jackson Hewitt says has full assisted refund coverage". Reuters. 2010-12-09. Retrieved 2023-05-09.
  8. ^ The Progressive Accountant. December 8, 2010. ""Coming up in 2010 Tax Software". Archived from the original on 2011-03-17. Retrieved 2011-05-07."
  9. ^ "Using Refund Transfer or Refund Processing Services to Pay TurboTax Fees - TurboTax® Software Support". turbotax.intuit.com. Archived from the original on 2011-01-30.
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