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Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong, Chief Strategy Officer, as the new CEO and Tyler Heap, Chief Credit Officer, as President.

Crew raises $2.5M and debuts modern family banking platform

Lehi, Utah—Crew announced the launch of their family focused banking experience and $2.5m in pre-seed funding led by Kickstart Seed Fund. Pelion, Sepio, Signal Peak Ventures, Convoi, Spacestation, Influence Ventures and a number of strategic angels also participated in the round.

“Families deserve a beautiful, functional banking experience that recognizes the unique financial needs of families,” says Gentry Davies, Crew’s CEO. “Crew’s mission is to build the best place for families to bank.”

“While many fintechs have improved parts of the finance experience, Crew’s mission to reshape the entire banking experience for families is very compelling.” said Kat Kennedy, General Partner at Kickstart who led the deal.

Today Crew released their first in a series of banking products–savings accounts that earn 4.7% APY and checking accounts that earn 1% APY. Parents can open joint accounts for themselves and accounts for their children in less than two minutes. Banking services are provided by Bangor Savings Bank, an FDIC insured bank and experienced player in fintech.

Join the Crew waitlist at http://www.trycrew.com to be among the first to try Crew’s family banking experience.

Crew is a financial technology company not a bank, banking services provided by Bangor Savings Bank, Member FDIC. All disclosures, consents, and terms can be found at trycrew.com. Interest rates are subject to change but are current as of Jan 2, 2024.