Santa Barbara Tax Products Group was established upon the sale of the Tax Products Business Unit of Santa Barbara Bank & Trust (SBBT). Headquartered in Santa Barbara, California

Santa Barbara, California

Santa Barbara is the county seat of Santa Barbara County, California, United States. Situated on an east-west trending section of coastline, the longest such section on the West Coast of the United States, the city lies between the steeply-rising Santa Ynez Mountains and the Pacific Ocean...

, Pacific Capital Bancorp (NASDAQ

NASDAQ

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

: PCBC) is the holding company for Pacific Capital bank, N.A., a nationally chartered bank

National bank

In banking, the term national bank carries several meanings:* especially in developing countries, a bank owned by the state* an ordinary private bank which operates nationally...

 that operates under local brand names including Santa Barbara Bank & Trust.

Santa Barbara Tax Products Group processes tax refund

Tax refund

A tax refund or tax rebate is a refund on taxes when the tax liability is less than the taxes paid. Taxpayers can often get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, plus the...

-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

Tax preparation

Tax preparation is the process of preparing tax returns, often income tax returns, often for a person other than the taxpayer, and generally for compensation. Tax preparation may be done by the taxpayer with or without the help of tax preparation software and online services...

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

H&R Block

H&R Block is a tax preparation company in the United States, claiming more than 22 million customers worldwide, with offices in Canada, Australia and the United Kingdom. The Kansas City-based company also offers banking, personal finance and business consulting services.Founded in 1955 by brothers...

.