TAB Bank Promotes Justin Hatch to Vice President of Asset-Based Lending

OGDEN, UT--(Marketwired - Apr 17, 2014) - TAB Bank is pleased to announce the promotion of Justin Hatch (801-624-5943, Justin.Hatch@tabbank.com) to Vice President of Asset-Based Lending. Justin will continue to be based out of TAB Bank's corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as it relates to TAB's growing portfolio of asset-based loans, rediscount loans, and participations.

TAB Bank provides custom working capital solutions to commercial businesses from many industries. These solutions are provided in all stages of business life cycles during any economic conditions. In addition to Asset Based Loans, TAB offers Accounts Receivable Financing, Lines of Credit, Equipment Finance, Business Accounts, and Treasury Management Services.

Prior to his new assignment, Justin served as TAB's Assistant Vice President of Asset-Based Lending. Justin's previous experience also includes serving as Chief Financial Officer for Flying J Insurance Services. In this role, Justin provided direction for the daily operations of customer service, accounting, fleet lines, personal lines, and sales. In addition, he oversaw annual audits, business projections, and actuarial estimates. Prior to joining Flying J Insurance Services, Justin spent time at Select Portfolio Servicing where he held the positions of Director of Client Relations and Manager of Investor Reporting. Justin has a Bachelor of Science Degree in Business Finance from Utah State University and a Master of Business Administration Degree from the University of Phoenix.

"We are very pleased with the contributions that Justin has brought to our Asset-Based Lending portfolio and operations the last few years and we could not be more excited to have him step into the role of Vice President over this critical function of the bank. Asset-Based Lending is a core product offering of TAB Bank and will continue to grow and flourish under Justin's leadership," commented Jan Allen Ackley, Chief Lending Officer of TAB Bank.