Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, and offering loan origination services to fintech partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City, and is a wholly owned subsidiary of Medallion Financial Corp. (NASDAQ:MFIN).
Total Assets $2.55 billion
Tier 1 Leverage Ratio 15.7%
ROA FY24 2.52%
ROE FY24 16.62%
Medallion Bank 1100 East 6600 South, Suite 510 Salt Lake City, UT 84121 Email: investorrelations@medallion.com Tel: (212) 328-2176