SOURCE: TAB Bank

November 08, 2010 16:00 ET

Eric Myers Returns to TAB Bank

OGDEN, UT--(Marketwire - November 8, 2010) -  TAB Bank has appointed Eric Myers as Director of Marketing/Vice President. Myers previously worked for TAB from 2001 to 2006 and most recently was Director of Sales and Marketing at Transfac Capital in Salt Lake.

Jeff Bell, President of TAB, said, "Eric's addition to the TAB team is part of our commitment and effort to grow the bank by increasing the strength of TAB's identity and brand recognition in the marketplace. Eric's experience in the industry and familiarity with TAB Bank makes him the right fit."

Myers has spent his entire career in the sales and marketing of financial services. Before his first experience with TAB Bank, Myers worked for TCF Bank in Minneapolis. He received his BA from Augustana College in Sioux Falls, SD and his MBA in Marketing from University of St. Thomas in St. Paul, MN.

"I am pleased to be back at TAB Bank. TAB is in a great position with liquidity to grow and the shareholders' commitment to do so, while having a tremendous team in place to safely and soundly manage the portfolio," said Myers.

TAB Bank was started in 1998 primarily to service the transportation industry and currently has the largest portfolio of accounts receivable financing in the transportation industry. TAB Bank also has a large portfolio of non-transportation accounts and intends to grow that significantly. With assets in excess of $500 million through a variety of financial products including: accounts receivable financing, asset based loans, lines of credit, and equipment loans; TAB Bank provides working capital solutions to small- and medium-sized transportation and non-transportation businesses in all stages of their business life cycle no matter the economic climate.

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