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Medallion Bank, an industrial bank, originates consumer loans, raises deposits, and conducts other banking activities to individuals and businesses in the United States. It offers consumer loans through dealers and financial service providers (FSPs) for the purchase of recreation products, such as recreational vehicles and boats; loans through contractors and FSPs for the purchase of home improvements, such as replacement windows and roofs; and loan origination services to fintech partners. The company was incorporated in 2002 and is based in Salt Lake City, Utah. Medallion Bank operates as a subsidiary of Medallion Financial Corp.
Sector: Finance Services
Industry: Banks - Regional
| Date | Open | High | Low | Close | Volume |
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based on 22.96M shares outstanding
Parent MFIN: 34.54% · 98 13F holders
Medallion Financial Corp. (MFIN), encompassing its various subsidiaries, functions as a diversified financial services provider throughout the United States.
The company's operations are distinctly segmented into Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. MFIN specializes in extending credit for consumer acquisitions of recreational vehicles, boats, and trailers, as well as for residential improvement projects. Furthermore, it offers commercial financing for business purposes, including the procurement of equipment, the establishment of new ventures, or the acquisition and enhancement of existing businesses. A notable segment involves providing loans for taxi medallions to individual operators and small to medium-sized enterprises. Beyond direct lending, Medallion Financial also allocates debt, mezzanine, and equity investment capital to companies across various industries, while additionally engaging in deposit-taking and other banking services. Established in 1995, Medallion Financial Corp. maintains its primary office in New York City, New York.
Allan J. Tanenbaum
Director
Alvin Murstein
Executive Chairman
Andrew M. Murstein
CEO, President, COO & Non-Independent Director
Anthony N. Cutrone
Executive Vice President & Chief Financial Officer
Employees
174
Country
US
Sector
Financial Services
Website
medallion.com
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based on 22.96M shares outstanding
Parent MFIN: 34.54% · 98 13F holders
30d Avg
40.36K
60d Avg
22.82K
90d Avg
15.61K