TAB Bank Deemed Best Community Bank by Utah’s Best of State Awards
2024年5月16日 - 11:20PM
TAB Bank has been named Best Community Bank by the Utah Best of
State Awards for the second year in a row. TAB will be honored at
the Best of State Gala on Friday, May 24, 2024, at the Salt Palace
Grand Ballroom in Salt Lake City.
The Best of State Awards celebrates Utah’s outstanding
individuals, businesses and organizations across various industries
that excel in their endeavors, use innovative approaches or
methods, and contribute to a better quality of life in Utah. Best
of State judges selected TAB Bank for its community and social
responsibility efforts and for providing financial solutions for
businesses, families and individuals nationwide, uniquely designed
to serve the needs of the underserved. The bank made great strides
in 2023 through the following achievements:
- Offering an impressive 5.27% Annual Percentage Yield for its
high-yield savings account, TAB Save—earning recognition from
publications like Buy Side from Wall Street Journal, Nerd Wallet,
Bankrate, Forbes and CNET.
- Doubling the size of TAB’s small business lending portfolio
from March 2023 to March 2024.
- Surpassing last year’s revenue by 25%.
- Providing over $25 million in community development loans,
investments and grants.
- Serving more than
2,000 community service hours.
- Raising over
$505,000 for the Ogden Rescue Mission and helping to provide nearly
200,000 meals to individuals in the community who need
assistance.
- Donating $122,348 to community organizations.
- Supporting more than
30 local foundations/non-profit organizations.
“We are incredibly honored to be named Utah's Best Community
Bank for the second year in a row,” said Austin Strong, CEO of TAB
Bank. “This recognition is a testament to the hard work and
dedication of our team and our unwavering commitment to serving the
needs of our community. We are grateful for this acknowledgment and
remain committed to our mission and vision—unlocking dreams with
bold financial solutions that lift and empower.”
The back-to-back Best of State wins highlight TAB Bank’s focus
on developing products and services that support its goal of
creating access to financial success for everyone.
About TAB Bank
At TAB Bank, our mission is to unlock dreams
with bold financial solutions that empower individuals and
businesses nationwide. We are committed to making financial success
accessible to everyone through our innovative banking products. Our
dedication drives us to continuously improve, ensuring that we meet
the evolving needs of our clients with excellence and agility. For
over 25 years, we have remained steadfast in offering tailored,
technology-enabled solutions designed to simplify and enhance the
banking experience.
For more information about how we can help you
achieve your financial dreams, visit www.TABBank.com.
Contact Information:
Trevor MorrisDirector of
Marketing801-624-5172trevor.morris@tabbank.comTwitter -
@TABBankFacebook – facebook.com/TABbank