TAB Bank is celebrating 25 years of providing financial solutions for businesses, families and individuals across the U.S.
“TAB’s success has been built on the foundation of our three pillars for success: great people, great customer experience and great financials, with an emphasis on great people,” Rick Bozzelli, president and CEO of TAB Bank, said. “As we celebrate the 25th anniversary, we are not just celebrating a financial institution, we are celebrating a community that believes in our mission and contributes to our shared success. The bank would not be what it is today without the unwavering support of our employees, customers, partners and stakeholders shaping our journey and propelling us forward.”
TAB Bank will commemorate this milestone with a celebration held at the Ogden Eccles Conference Center in Ogden, UT, on Sept. 15
Since 1998, TAB Bank has continually evolved to create access to financial success for everyone. Beginning with over-the-road truckers in the transportation industry, today, TAB offers a suite of deposit and lending options to all segments of the population.
Over the past decade, TAB has expanded its offerings to include asset-based lending, working capital lending, factoring, consumer lending, commercial real estate lending and more. Banking-as-a-service (BaaS) solutions and strategic partnerships with financial technology companies enable TAB to reach an even broader network of underserved communities through API integrations and back-end fulfillment that provide partners with needed regulatory frameworks.
TAB has navigated various challenges and reached many milestones over the years, from leadership changes, economic uncertainty, and headquarters remodeling. The bank offers a high-yield savings product ranked by some publications as one of the best in the nation. The bank also issued 10,483 Paycheck Protection Program loans, protecting more than 53,000 jobs during the brunt of the COVID-19 pandemic. The bank also has surpassed asset totals of $1.3 billion.
“Looking ahead, TAB Bank remains firmly committed to our mission and vision: unlocking dreams with bold financial solutions that lift and empower,” Bozzelli said. “The next 25 years hold even greater opportunities and challenges. Together, we will continue to innovate, lead and make a lasting impact on the financial services industry.”
