Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City, Utah, and a wholly owned subsidiary of Medallion Financial Corp.; founded in 2003, it provides consumer lending and loan origination services across the United States. The bank specializes in consumer loans for recreational vehicles, boats and home improvements; it works through thousands of dealers, contractors and financial service providers; and it also provides loan origination services to fintech strategic partners, supporting embedded and partner-led consumer finance programs. In recent periods, Medallion Bank has expanded its strategic partnership platform, entering a multi-year agreement with Together Loans in May 2026 as its fifth fintech partnership, following substantial growth in partnership originations to $771.6 million in 2025 from $203.6 million in 2024. The bank continues to focus on scaling its recreation lending and home improvement lending businesses while broadening its fintech partnership program and related consumer finance capabilities.