About Medallion Bank

Medallion Bank is an FDIC insured industrial bank located in Salt Lake City, Utah. It is a wholly-owned subsidiary of Medallion Financial Corp. (MFC), a publicly held financial services company (symbol TAXI: NASDAQ) located in New York and a leading lender in niche markets for over 35 years.

The management of Medallion Bank has years of previous experience in non-prime consumer lending, including recreational lending. They orchestrated the continuation of this niche market lending at Medallion through the acquisition of the recreational loan portfolios and marketing relationships of the previous industry leaders, American Investment Financial and American Investment Bank. They have created a strong, experienced staff to service your non-prime financing needs.

As a contrast to its leadership in recreational consumer lending, Medallion Bank, through its sister company affiliates, also concentrates on commercial lending. With its New York affiliates, it is one of the market leaders in financing taxi cab medallions (licenses) in the City of New York and several other major east coast markets. It also offers asset-based commercial lending to small and mid-market companies. The blend of distinct commercial products with recreational consumer lending provides a balance for Medallion and capitalizes on the unique strengths of its personnel.

Medallion Financial Group has been a leading lender in niche markets for over 35 years. In addition to recreation loans, Medallion Bank also offers asset-based loans and financing for taxicab medallions. Click on the links above or to the left for more information about the specific lending programs that we have to offer.