Pub. 3 2015 Issue 2

Issue 2. 2015 19 The event was once again a huge success with over 350 participants taking part in Open Skating and Learn-To- Skate lessons taught by Professional and Learn-to-Skate staffs. Participants were also treated to a skating exhibition by members of the Cottonwood Heights Figure Skating Club who performed their competitive routines. Many parents and on-lookers sat in the stands watching their children participate in the clinic. This community event has become a wonderful tradition for many families with many patrons attending each consecutive year. TAB BANK TAB BANK ACQUIRES $54 MILLION TRUCKING EQUIPMENT LOAN PORTFOLIO FROM CROSS- ROADS EQUIPMENT LEASE AND FINANCE, LLC TAB Bank announced it has signed a definitive agreement to acquire a $54 million trucking equipment loan portfolio from Crossroads Equipment Lease & Finance, LLC. The portfolio acquired by TAB Bank will continue to be ser- viced by Crossroads Equipment Lease and Finance. Other terms of the portfolio acquisition have not been disclosed. The acquisition is part of TAB Bank’s overall strategy to strengthen and deepen strategic business relationships with partners in the trucking equipment finance space. “We are very excited to enter into this agreement with Crossroads to complete this acquisition. We have financed trucking equipment at TAB Bank since day one and know the dynamics of the industry very well. We have the tools and the professional experience to underwrite these loans and evaluate the collateral on a go forward basis. I look forward to deepening this foundation in the truck- ing equipment finance space through this partnership with Crossroads. Their team has been a real pleasure to work with and I look forward to continuing this strategic relationship in the years to come,” commented Steve Sala, President and CEO of TAB Bank. “Throughout the entire process, Crossroads’ respect for TAB Bank grew every day. We are pleased to partner with an organization that understands the transportation in- dustry as well as TAB and look forward to future business opportunities and leveraging the synergy of our relation- ship for years to come. TAB Bank was a joy to work with,” commented Jeff Macartney, President of Crossroads Equipment Lease & Finance. TOWN & COUNTRY BANK ST. GEORGE RESIDENTS TREATED TO TOWN & COUNTRY’S FIRST ANNUAL COMMUNITY APPRE- CIATION EVENT Bankers aren't known as partiers, but St. George-based Town & Country Bank hosted a revelry on April 24th that was nothing short of sensational. An estimated 1,000 people, or about 1.3 percent of the St. George population, attended Town & Country's first annual Community Ap- preciation Event. Country music legend Collin Raye headlined the free celebration. The four-time platinum album star performed for just over an hour to an enthusiastic crowd assembled behind the bank. Complimentary lunch was provided for attendees, who also could avail themselves of free services inside the bank, such as jewelry appraisal, coin appraisal and document shredding in the parking lot—all donated by local businesses. Attendees also came inside the bank to enter drawings for more than a hundred valuable give- aways, nearly all provided by area merchants, hoteliers and restaurants. Town & Country Bank CEO Bruce Jensen said, "The bank has performed so well financially, that we wanted to give something back to our community." The successful event was notable as it was held at midday on a work day. Town & Country also holds free of charge in-bank community concerts with local performers every Friday at noon. The bank is known for its innovative ini- tiatives and its unique approach to customer service.  Bank Kudos — continued on page 20