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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]
Since its inception, Green Dot has acquired a number of companies in the mobile, financial, and tax industries including Loopt, AccountNow, AchieveCard, UniRush Financial Services, and Santa Barbara Tax Products Group. Green Dot Corporation is an issuer of prepaid MasterCard and Visa cards in the United States.
In January 2010, the company sold its Refund Anticipation Loan and Refund Transfer business to Santa Barbara Tax Products Group for $10 million. [5] In April 2010, Gerald J. Ford bought a 91% stake in the company for $500 million. [6] [7] On December 1, 2012, the bank was acquired by MUFG Union Bank for $1.5 billion. [8]
According to the IRS, the average tax refund for 2023 was $2,753 as of April 21. While this figure is down about 10% from the average refund from last year, it’s still a significant amount of money.
Whether your bank refunds money lost in a scam depends on several factors: the type of scam, how you sent the funds, the bank’s policies and if you authorized the transaction. Learn more in our ...
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