Mike Palmer, Chief Operating Officer
As TAB Bank’s Chief Operating Officer, Mike oversees the operational and customer support teams that assist TAB’s clients with their deposit relationships with the bank.
Additionally, his teams securely process all the bank’s electronic funds transfers, apply for invoice specific payments across the factoring portfolio, and process thousands of lockbox and other checks per week.
Mike is a Certified Regulatory Compliance Manager. Prior to his experience at TAB Bank, he spent 13 years at Wells Fargo, the last ten being spent in regulatory compliance roles focusing on international BSA/AML compliance as well as mortgage and consumer lending regulations.
Mike holds a Bachelor of Science degrees in Finance and Marketing from Utah State University and a Master of Business Administration from Brigham Young University.
He is a graduate from the Graduate School of Banking at the University of Wisconsin –Madison where he completed courses necessary to achieve the Executive Leadership Certificate from the Wisconsin School of Business.
About TAB Bank
Since we opened our doors in 1998, we’ve been working relentlessly to help people build businesses, turn ideas into action, capitalize on opportunities and capture their piece of the American dream. We love having a small part in our clients’ success because we believe banking is about relationships — not transactions — and that when you win, we win.
Security and Flexibility
Whether you’re just starting out and applying for your first loan, or you’re a seasoned pro looking for a partner who can keep up — we’re here to take the stress off of your business financing with unique solutions that combine the security of a bank with the flexibility of a finance company to meet almost any need.