Mark J. Simshauser Joins TAB Bank as Vice President

OGDEN, UT--(Marketwire - Jan 11, 2012) - As TAB Bank continues to expand its financial offerings to a broader spectrum of industries, it is pleased to announce the addition of Mark J. Simshauser to the Business Development team as Vice President and Business Development Officer based in Long Island, NY.

Mark began his asset-based lending career over 15 years ago with Finova Capital. Over the years Mark has financed small and international corporations while orchestrating successful careers with Connecticut based Webster Business Credit and New York based HSBC Business Credit. He received a Bachelor of Science degree from the State University of New York at Fredonia and a Master of Science degree in Economics from Cornell University.

Mark co-chairs the annual Northeast Regional TMA Conference in Saratoga, NY and is an active member of national associations including the ACG, CFA, and RMA. He is also a board member of the local chapter of Autism Awareness.

"Mark's addition to TAB Bank will be a great asset in our ability to build our portfolio and bring financing solutions to a larger number of potential commercial clients. We are excited to have him join our team. We look forward to the positive influence he will bring as we seek to increase TAB's awareness and presence in the Northeast," commented Justin Gordon, National Director of Sales for TAB Bank.

TAB Bank (@TABBank) has assets in excess of $800 million through a variety of financial products including: capital equipment lease financing, accounts receivable financing, asset-based lending, lines of credit, and equipment loans. TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries. TAB provides these solutions in all stages of a company's business life cycle no matter the economic climate.