TAB Bank Names Michael Palmer as Vice President of Compliance

TAB Bank Names Michael Palmer as Vice President of Compliance 
OGDEN, UT -- (Marketwire) -- 12/12/12 --  As TAB Bank continues to
take strides to ensure compliance and adherence to federal
regulations and other statutes, it is pleased to announce the
appointment of Michael Palmer as Vice President of Compliance. As an
FDIC-insured bank, TAB maintains a strong and vibrant Compliance
department with many professionals who possess strong compliance and
regulatory backgrounds. In his new role, Palmer will provide
direction to the bank's compliance team as well as oversight of the
bank's compliance objectives and responsibilities. 
TAB Bank (@TABBank) provides custom working capital solutions to
commercial businesses from many industries. These solutions are
provided in all stages of business life cycles during any economic
conditions. TAB Bank does this through Accounts Receivable Financing,
Lines of Credit, Equipment Finance, Asset Based Loans, Business
Accounts, and Commercial Banking Services. 
Palmer joined TAB Bank in September of this year and served briefly
in the role of Compliance Manager prior to his appointment as Vice
President of Compliance. Prior to coming to TAB, Palmer spent the
last 13 years working at Wells Fargo in various capacities. He spent
the first four years on the retail side of Wells Fargo, and the last
nine years in compliance. While in compliance, he worked for Wells
Fargo Financial ensuring compliance of the retail branch network in
five states. In addition, he also worked for Wells Fargo Home
Mortgage specializing in new regulation implementation and special
projects as well as for Wells Fargo Bank International Group where he
focused on the Bank Secrecy Act and Anti-Money Laundering regulations
and provisions and other high risk issues. Palmer has degrees in
finance and marketing from Utah State University, an MBA from Brigham
Young University, and he is a Certified Regulatory Compliance
Manager. 
"Since joining TAB, Michael has been a great asset and addition to
our Compliance department and the entire bank. He has an impressive
professional and educational background that make him a great fit for
this position as we continue to take every step necessary to comply
with the regulatory environment in which we operate and serve our
clients. We are very excited for the many contributions he will make
in his new role," stated Steve Sala, President of TAB Bank. 
Contact Information:
Trevor Morris
Marketing Manager
801-624-4418
trevor.morris@tabbank.com