Daily News: April 17, 2014

TAB Bank Promotes Hatch to VP of ABL

TAB Bank announce the promotion of Justin Hatch to VP of asset-based lending. Hatch 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.

Prior to his new assignment, Hatch served as TAB’s assistant vice president of asset-based lending. His previous experience also includes serving as CFO for Flying J Insurance Services where he 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.

“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.