As we head into the pleasant summer months, I am excited about what the future has in store. We leave behind the unpredictable and volatile weather of winter and spring and greet this warm time of year with optimism and encouragement. Many economic signs indicate renewed confidence. Hesitancy and doubt are being replaced with vigor, vitality, and growth.

We at TAB Bank are no different. We are poised to meet the opportunities and challenges that lie ahead. We are a strong and secure financial institution with total assets in excess of $500 million. TAB’s tier 1 capital to assets ratio is 16.63% which outpaces the industry average of 12.71% for peer FDIC insured banks. Simply put, we are uniquely positioned to fortify our existing client relationships and ready to form new ones.

We are eager to partner with quality companies with strong and capable management and clear visions and objectives. We are committed to providing custom financial solutions to help our clients navigate the economic ebbs and flows and grow and succeed. As many already know, we do this by offering working capital solutions to transportation and non-transportation companies in all stages of business life cycles during all economic conditions. We provide these solutions through Accounts Receivable Financing, Lines of Credit, Asset Based Loans, Equipment Loans, and a multitude of deposit products.

If you are a current customer, I encourage you to inquire about how else we can service your needs. If you are considering TAB Bank for any product or service, let us know what we can do to make the decision and information gathering process a pleasant one. 

I am proud of our employees at TAB for their dedication and hard work in forming and maintaining quality customer relationships. I commend them for the service they display each and every day in ensuring our clients are able to meet their goals and prosper. Together, we will continue to secure a bright future for all associated with TAB Bank.




As many now know, we have introduced a new website at TAB Bank! Many things have changed as we seek to provide the most useful and informative website possible for our clients and prospective clients alike. New and innovative features will continue to be added in the weeks and months ahead as we strive to connect and interface with our clients and partners. Visit us today at and see what has changed!



Junior Achievement is a partnership between the business community, educators, and volunteers–all working together to inspire young people to dream
big and reach their potential. JA’s hands-on, volunteer-driven programs teach the key concepts of work readiness, entrepreneurship, and financial literacy to young people all over the world.

TAB Bank partners with Junior Achievement to provide financial education, teaching, and interaction with students from the Ogden City School District in Utah. TAB Bank employees serve as volunteers in working with kids at local elementary schools and high schools. The employees of the bank have the opportunity to be in the classroom setting with these students and engage and teach them concerning these life lessons already mentioned. Volunteers are assigned to a class and given all the curriculum, supporting materials, and activities needed to fulfill this purpose.

TAB and JA have worked together for many years in successfully realizing these objectives. This program gives the bank and its employees the privilege of reinvesting in the community and contributing to the future successes and opportunities of the rising generation.

In 2010, TAB contributed $10,000 and 26 volunteers donating 260 hours to this life-changing program. We look forward to our continued involvement with Junior Achievement and supporting their praiseworthy goals and objectives. 

Junior Achievement


The following article first appeared on April 14, 2011 at the American Trucking Association’s website –

Arlington, VA – Hiring in the trucking industry picked up in the fourth quarter of 2010, which coupled with an increase in the turnover rate for linehaul truckload drivers portend increased demand for drivers as the economy recovers.

According to ATA’s quarterly trucking activity report, truckload and less-than-truckload carriers increased payrolls in the last three months of 2010. Small truckload companies increased their employment by 0.8%, all within the driver pool, while large truckload companies boosted total employment by 0.3%, adding linehaul drivers but trimming back their local driver pools.

Also in the truckload sector, fleets increased their dispatch workforce by 3.1%, but overall administrative staff fell by 2.1%.

Less-than-truckload employment rose 0.4%, rising in all categories except for linehaul drivers, which fell 0.2%, according to the survey.

The survey also showed that after hitting a record low of 39% in the first quarter, turnover among linehaul drivers at large truckload fleets rose to 69% (annualized rate) in the fourth quarter, its highest level since the second quarter of 2008. Third-quarter turnover was 49%. Turnover at small truckload fleets rose to 49% in the fourth quarter from 44% and LTL turnover remained exceptionally low at 6%.

ATA Chief Economist Bob Costello said the increased hiring, coupled with rising turnover, indicated that fleets are responding to signs of the growing economic recovery.

“Fleets are clearly hiring more drivers as demand for freight hauling increases,” Costello said. “In addition, while part of the turnover can be attributed to regulatory changes, we believe the bulk of this churn is due to increased demand for drivers.”

“As the recovery strengthens, we’re likely to see demand for drivers and trucking services continue to increase, with that demand manifesting itself in rising turnover rates and ultimately, once again, a shortage of truck drivers,” he added.




Revenue/Business Interim Executives with offices nationwide

OneAccord is a business and revenue growth executive firm with a nationwide presence. OneAccord works with mid market companies & organizations to change the trajectory of revenue growth. This innovative organization’s C-level executives apply their experience and skill to developing, advancing, and sustaining top line revenue for their clients. OneAccord principals are all former CEOs and business owners with a revenue pedigree. They’ve been in the shoes of their clients. They have carried the weight of leadership, facing and overcoming a myriad of revenue challenges.

This growing team of principals comes from a diverse array of industries, regions, backgrounds, and specific areas of revenue focus. Individually, each one is an experienced leader. They come alongside the client executives and owners to address their toughest business challenges. Together, OneAccord principals offer a potent collection of talent and aligned values that create success.

Experience and best practice development with mid market companies in diverse industries has helped OneAccord to identify the key ingredients to successful revenue growth strategies. They are constantly learning and innovating, responding to new research, changing market conditions, and emerging technologies.

If you are in need of revenue development and growth strategies, OneAccord principals are here to help. Find out what clients say @

Peter Klinge Jr.
Managing Principal



KSM Transport Advisors, LLC
and Katz, Sapper & Miller, LLP

KSM Transport Advisors, LLC (KSMTA) was formed in 2006 as a financial advisory services company that provides a comprehensive set of services exclusively to the trucking and logistics segments of the transportation industry. Specifically, these services include financial management consulting, profit improvement consulting, mergers and acquisitions (M&A), and capital funding assistance. Additionally, KSMTA is the only consulting firm in the U.S. that has an individual license to perform freight network assessments using the industry leading TMW Netwise®
optimization software.

KSMTA’s mission is to be the industry's leading M&A, margin improvement and capital funding resource. The company strives to provide trucking stakeholders a comprehensive resource to maximize their investment in trucking. KSMTA is an affiliate of Katz, Sapper & Miller, LLP (KSM).

KSM is a public accounting firm that provides a full range of audit, accounting, tax and profit improvement and other consulting services. In business since 1942, KSM has professionals who specifically focus on the accounting, tax and consulting needs of trucking and logistics companies. Through the firm’s experience with more than 90 trucking and logistics clients located throughout the U.S., KSM has grown to become a leader in tax and business consulting for the transportation industry.

KSMTA and KSM combined have served the transportation and logistics industry for over 90 years.

Visit KSMTA or KSM on the Internet at or to learn more about how they can help your business succeed.


If you would like to discuss any transaction with TAB Bank, please contact your local representative:

Justin GordonNational Sales Director

Chuck StaleySt. Louis, IL

Courtney MeyerPhoenix, AZ

Lance VelasquezSalt Lake City, UT

Robert GoleAtlanta, GA

Tim GreenMidwest

Allan WardReno, NV


Mark SchroederCleveland, OH

Brett HorwitzLos Angeles, CA

Tyson LawInside Sales West

Jeff HoggInside Sales East


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