Curt Queyrouze Named President of TAB Bank

OGDEN, UT--(Marketwired - Feb 3, 2016) - TAB Bank is pleased to announce it has appointed Curt Queyrouze as President. Most recently, Queyrouze served as TAB's Chief Credit Officer for the past two years. He will be based out of TAB Bank's corporate headquarters in Ogden, UT and will oversee all strategic, financial, and operational functions of the bank.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB's lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.

"We are very excited to announce the appointment of Curt as the new President of TAB Bank," stated Chuck Maggelet, Chairman of the Board of Directors for TAB Bank. "Curt will provide steady and consistent leadership as we steer TAB Bank toward future opportunities. We have established ourselves as a leader and an innovator in providing smartly engineered financial solutions for our clients. Curt and I have discussed at length what we need to do to continually strengthen this position and to achieve our strategic goals and objectives. In addition, Curt's experience within the commercial finance industry runs the gamut. He is a seasoned professional with many years of experience in creating and nurturing mutually beneficial relationships and leading successful organizations. I am extremely confident in his ability to keep us moving in the right direction."

Queyrouze has amassed over 30 years of commercial finance and commercial banking experience. Prior to joining TAB Bank, his career included various credit, sales, and portfolio management positions in asset-based lending, factoring, corporate banking, oil and gas finance, real estate lending, financial institutions, healthcare finance, and middle-market lending. Just prior to joining TAB Bank, he served as SVP, Director of Loss Mitigation for Whitney Bank managing the resolution of a multi-billion dollar problem loan portfolio. Prior to that, he served as COO of The Receivables Exchange, playing a critical role in the launch of this internet based, factoring auction platform. He also previously served as Division Credit Executive for PNC Business Credit. Queyrouze holds a Bachelor of Science degree in Accounting from Louisiana State University.

"TAB Bank is a great organization. We boast an exceptional team of commercial finance and commercial banking professionals. I am impressed with their level of commitment and dedication as they work each day to provide outstanding service, support, and solutions for our many clients, prospective clients, and partners. I am thrilled to continue to stand next to them and work with them as we look to and prepare for the future," commented Queyrouze.