Fractional Shares: What are they and how do they work?
Fractional Shares: What are they and how do they work? What are fractional shares? Fractional shares refer to a slice or fraction of a whole stock. Instead of purchasing a whole share of stock, you can buy just a fraction of it. One example is if a stock was sold for $1000 per share and you purchased…
Annual Golf Tournament Helps Homeless in Northern Utah Achieve Goals of Sobriety, Employment and Housing
OGDEN, Utah, Aug. 23, 2022 (GLOBE NEWSWIRE) — TAB Bank will help raise money to help the homeless reach goals of sobriety, employment and housing at the 2022 Ogden Rescue Mission Charity Golf Tournament on Friday, Sept. 9, at Wolf Creek Resort in Eden, Utah. Hosted by the bank, all proceeds from the tournament will benefit the Ogden Rescue Mission, a faith-based…
Checking Account FDIC Insured
What does FDIC Insured mean? The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency that insures money deposited by the public in the unlikely event of a bank system failure. The FDIC has been empowering the public to place their money in banks since 1933, after being established due to a bank system…
TAB Bank’s Susan Hostetter Named a 2022 HR Achievement Honoree by Utah Business
OGDEN, Utah, Aug. 11, 2022 (GLOBE NEWSWIRE) — TAB Bank, a technology-driven, online bank serving small to medium size businesses and consumers, announced today that Susan Hostetter, Executive Vice President, Human Resources, was named a 2022 HR Achievement Honoree by Utah Business. The annual list honors HR professionals who foster culture, growth, and happiness in the workplace. These…
Wood Products Company in Arkansas Chooses TAB Bank for a $5 Million Asset-Based Credit Facility
TAB Bank is pleased to announce it has provided a wood products distributor in Arkansas with a $5 million asset-based credit facility. The client is a custom millwork and wood products distribution company, specializing in hardwoods, hinges, slides, adhesives, and warehousing, primarily targeting the custom cabinet manufacturing industry. Their mission is to partner with vendors and…
TAB Bank Provides Corporate Relocation Services Company in Texas with a $2 Million Asset-Based Credit Facility
OGDEN, Utah, July 26, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a corporate relocation services company based in Texas with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides relocation and moving…
TAB Bank Provides Electric Bike Company in Utah with a $10 Million Asset-Based Credit Facility
OGDEN, Utah, July 20, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided an electric bike company in Utah with a $10 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company designs electric bicycles, electric scooters, and…
TAB Bank Provides Refueling Equipment Manufacturer in Kansas with a $2 Million Asset-Based Credit Facility
OGDEN, Utah, July 13, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a refueling equipment manufacturer in Kansas with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides a full line of refueling…
Consumer Goods Manufacturing Company in California Chooses TAB Bank for a $15 Million Asset-Based Credit Facility
OGDEN, Utah, June 29, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the funding of $15 million asset-based line of credit for a new client that manufacturers and distributes consumer-packaged goods throughout North America and beginning to expand internationally. Since 1993 this client has been focused on delivering consumer packaged goods to budget minded consumers…
TAB Bank Provides Oilfield Chemistry and Field Services Company in Oklahoma with a $5 Million Asset-Based Credit Facility
OGDEN, Utah, June 23, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the funding of a $5 million dollar Asset-Based credit facility to a leading provider of oilfield chemical formulations and field services. This company delivers critical chemical formulations and fluids designed to meet the unique requirements of each site and improve the performance, longevity,…
Bank API Integration Demystified
in BlogWhat is an API? An API, or Application Programming Interface, is software that allows two applications to communicate with each other. In essence, APIs consist of code and protocols that deliver user responses to a system and the system’s response back to the user. APIs are important because it provides access to data between different…
TAB Bank Appoints Richard L. Bozzelli as Its New President, Chief Executive Officer and Director to Expand its Business Model
OGDEN, Utah, June 08, 2022 (GLOBE NEWSWIRE) — TAB Bank, a technology-driven, online bank serving small to medium size businesses and consumers, announced today that its Board of Directors named Rick Bozzelli as President, Chief Executive Officer and Director. Bozzelli has served as the Chairman of the Board of Directors at TAB Bank and TAB Holdings since…
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