Daily News: March 21, 2012

TAB Bank Expands Into Houston, Gulf Coast Markets

TAB Bank has expanded into Houston and Gulf Coast markets as the bank continues to grow its financial product and service capabilities. The Houston and Gulf Coast market focus for TAB Bank consists of a diverse economy including a wide variety of industrial and commercial entities. Industries of interest include energy, chemicals, transportation, aerospace, infrastructure, technology, manufacturing, light industrial, consumer goods and services.

Justin Gordon, national sales director, said, “The addition of our presence in Houston further expands our geographic footprint in one of the largest metropolitan areas in the U.S. Houston and the Gulf Coast region including San Antonio, Austin, Corpus Christi, Bryan/College Station, Freeport, Port Lavaca, Beaumont, Port Arthur, Brownsville, and Laredo is the third largest population center in the U.S. and it is one of the most economically diverse and active commercial and industrial bases in the country. Also, this will further expand our energy industry capabilities in upstream, midstream, downstream, oilfield service and supply, power and alternative energy.”

The Houston and Gulf Coast presence will include Hank Finkenstaedt, who has over 34 years of capital formation experience as a merchant banker, investment banker, commercial banker and company executive. He has experience as both a principal and as an agent with prior affiliations including Bear, Stearns & Co., Inc. and JPMorgan Chase. His experience spans advisory and capital raising activities from venture capital-stage entities to large investment grade corporations. In addition to having a broad industry background, he has worked extensively with all segments of the energy industry throughout his career.

TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries.