Todd Plumley Joins TAB Bank as Chief Credit Officer

OGDEN, UT--(Marketwired - Jun 28, 2016) - TAB Bank is pleased to announce the addition of Todd Plumley to its executive management team as Chief Credit Officer. Plumley will 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 credit and underwriting processes.

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.

Todd has served as a member of the executive management teams for three different industrial banks over the past fourteen years. His career spans more than twenty four years of progressive banking experience and responsibility covering a broad spectrum of both consumer and commercial credit products. Prior to joining TAB Bank, Todd served as Senior Vice President/Chief Credit Officer for Web Bank of Salt Lake City. In this role, he created and managed a credit administration department to oversee the acquisition and servicing of syndicated leveraged C&I, factoring, and asset-based loan products. Previous roles also include serving on the executive management team at CIT Bank as Vice President/Chief Credit Officer and at Conseco Bank as Senior Vice President/Chief Credit Officer. Todd received his Bachelor's degree in Business Management from Brigham Young University and serves on the Board of Directors as Treasurer for Salt Lake Habitat for Humanity and was formerly a Director of NeighborWorks Salt Lake.

"I am very excited to join TAB Bank and serve alongside many seasoned and talented commercial finance and commercial banking professionals," stated Plumley. "TAB Bank has made significant strides in recent years to expand their footprint in terms of additional credit offerings and business opportunities. I look forward to being part of such a great organization."

"We are very pleased with the addition of Todd to our executive management team as our new Chief Credit Officer. He has a thorough understanding of sound credit principles and his experience within the commercial finance industry runs deep. I am personally looking forward to working with him as we continually improve the quality of our credit and underwriting processes and the excellence of our operational functions," commented Curt Queyrouze, President of TAB Bank.