Welcome to Banking as a Service
Need a bank partner to offer lending services? This could be the beginning of a beautiful partnership.
Sign UpSome of Our Partners
About Banking as a Service (BaaS)
At Medallion Bank, we supply the banking charter, platform, and regulatory compliance support allowing you to offer digital lending services through your technology platform. We are open to potential partnerships with technology and finance companies that are looking for banking as a service, marketplace lending support, or support for other types of lending services listed below.
Looking for a Way to Say, “Yes”
If you are looking for a partner who is looking for ways to find solutions rather than ways to say no, we are here for you. If you are looking for a partner to build long-term success in your business, we’re your bank. We are very collaborative in finding solutions. If there is a way to say, “yes,” and keep all of us safe and compliant, we will do our best to find it.
Blaine Bagley
SVP, Strategic Partnerships
Blaine Bagley is a member of the Medallion Bank executive team responsible for developing and strengthening strategic partnerships. He brings more than 30 years of banking and financial services experience and deep expertise in building relationships with contractors, dealers, and lending partners.
Prior to joining Medallion Bank, Blaine held senior leadership roles at EnerBank USA, later acquired by Regions Bank, where he helped support one of the nation’s leading home improvement lending platforms. Earlier in his career, he served as Vice President and Director of Collections at American Investment Bank, overseeing auto and recreational lending portfolios.
Blaine’s background in consumer lending, partner relations, and operational leadership provides valuable industry perspective as Medallion Bank continues to expand its strategic partnerships business.
He studied Political Science at Utah State University, completed extensive leadership training through the American Management Association, and currently serves on the Board of Directors for the Suazo Center.
Types of Credit Offered
We are looking for partners who have the platform, compliance, and other resources to originate the following types of credit:
- Consumer Installment Loans (small and large average loan size)
- Consumer Credit Cards (smaller average loan size)
- General Use or Point of Sale for reputable product purchases like healthcare and renewable energy
Requirements to Become a Partner
Partners must have the following resources to be considered for a partnership. We are also happy to talk with you about how to get to this point.
- Technology Platform or Retail Network
- Defined target market
- Strong capital backing to support expected growth
- Staff to manage bank-level lending processes and regulatory compliance
- The ability to purchase and/or hold the loans, or established investors for take-out
Press Release
Medallion Bank Enters Into Strategic Relationship with rFinance Credit CompanySeptember 22, 2026
SALT LAKE CITY, UT – September 22, 2026 – Medallion Bank (Nasdaq: MBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, as well as loan origination and captive finance services to fintech strategic partners, today announced a strategic relationship with rFinance Credit Company (“rFinance”). The … Continued
Read Full Press ReleaseMedallion Bank Enters Into Strategic Partnership With Together LoansAugust 17, 2026
Medallion Bank (Nasdaq: MBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today
Read Full Press Release