Medallion Bank
We provide recreation product and home improvement financing for dealers and contractors. With our fast, friendly and focused approach, you can expect to have a reliable and consistent financing source.
Recreation Dealerships
Non-prime consumer financing for recreation vehicles, only through Bank-approved dealerships
Home Improvement Contractors
Consumer financing for home improvement projects, only through Bank-approved contractors
IMPORTANT UPDATE
We’re Hiring!
Medallion Bank is a small company with a big footprint. Our culture is strong and we recognize that each employee contributes and makes a difference. We understand our industry and employ top talent to support and grow our business lines. Our company is successful because of our employees, and we highly value each individual. We support a strong work-life balance with a 35-hour workweek to allow employees to enjoy their time outside of work with their families or to embrace their hobbies and interests.
OUR EXECUTIVE TEAM
Over 150 years of combined consumer and commercial lending experience
We are committed to leveraging our expertise to support your business. With Medallion Bank, rest easy knowing you’ve discovered a consistent and reliable consumer finance solution.
MORE THAN A SCORE
Why Medallion Bank?
The Perfect Balance of High-Tech & High-Touch
Every dealer and contractor is unique. That's why it's important to provide each business with the tools that suit their needs and access to the people who can solve complex challenges. You don't have to choose between them. Choose Medallion Bank.
White Glove Treatment on Every Deal
You will never talk to a robot with Medallion Bank. Every time you call in with a question or concern, you'll be directed to a real person to help resolve the issue. With fast, friendly, and focused service, we strive to help your business succeed.
Make More Money in More Ways
The more you use Medallion Bank, the more you earn. Whether it’s approvals you wouldn’t get otherwise, lower costs than the competition, or customers for life that come to visit again and again, you can earn more with Medallion Bank.
Finance Your Credit-Challenged Customers
Our Recreation Lending program is a market leader in the non-prime lending space. We often finance credit-challenged customers that other lenders won’t. People have unexpected events in their lives, and we specialize in financing fun when those events are in the past.
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.
Our Blog
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Is 30% of Your Business Walking Out the Door?
Medallion Bank has spoken with thousands of recreation dealers over the years, and we have learned that at successful dealerships, often as much as 25% to 30% of financed retail sales are considered non-prime credit.
Advocating on Capitol Hill
Medallion Bank recently sent three of its employees to Washington DC to advocate on behalf of the banking and recreation industries. Medallion Bank feels strongly about making communities and businesses better. The Federal government plays a big role in banking and in our clients’ businesses, and that is why we send our people to advocate on behalf of our respective industries.
Our Deposits Don’t Run
Medallion Bank has a specialized deposit model. The deposits that fund our loans are CDs held for specified terms, meaning they cannot be withdrawn before maturity. This makes our deposit base very stable and not susceptible to the classic bank run.
Financing Programs
Recreation
1100 East 6600 South
Suite 510
Salt Lake City, Utah 84121
866.688.6983
Home Improvement
1100 East 6600 South
Suite 510
Salt Lake City, Utah 84121
888.833.8570
