SERIES F PREFERRED STOCK OFFERING

This web site contains the Preliminary Offering Circular relating to initial public offering of Series F Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock (the “Series F”) of Medallion Bank (the “Issuer”).

Important: You must read the following disclaimers and consent to electronic access. By clicking on the button below to access the materials contained on this web site you confirm your agreement to the disclaimers and give your consent to delivery by electronic transmission.

THE MATERIALS RELATING TO THE OFFERING DO NOT CONSTITUTE, AND MAY NOT BE USED IN CONNECTION WITH, AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE OR JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.

THE SHARES OF SERIES F HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE SECURITIES AND EXCHANGE COMMISSION OR ANY OTHER REGULATORY BODY, NOR HAS THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE SECURITIES AND EXCHANGE COMMISSION OR ANY OTHER REGULATORY BODY PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THE PRELIMINARY OFFERING CIRCULAR CONTAINED IN THIS WEB SITE. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

THE SHARES OF SERIES F ARE NOT SAVINGS ACCOUNTS, DEPOSITS OR OTHER OBLIGATIONS OF ANY BANK, ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY, AND ARE SUBJECT TO INVESTMENT RISKS, INCLUDING THE POSSIBLE LOSS OF THE ENTIRE AMOUNT YOU INVEST.

No registration statement covering the offer and sale of the Series F has been or will be filed with the Securities and Exchange Commission, the Utah Division of Securities or any other state securities regulator.

You acknowledge that this electronic access to the materials related to the offering is intended for you only and you agree you will not download, forward, distribute or reproduce this electronic transmission or any of the materials relating to the offering.

You are reminded that you have been granted access to the materials related to the offering on the basis that you are a person into whose possession these materials may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorized to, deliver these materials to any other person.

You are reminded that documents transmitted via this medium may be altered or changed during the process of transmission and consequently none of the Issuer, any underwriter or any of their respective affiliates accepts any liability or responsibility whatsoever in respect of any difference between any materials accessed by you in electronic format and the hard copy version. You are responsible for protecting against viruses and other destructive items. Your use of this medium is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.

By accessing these materials and clicking on the button below, you thereby agree to such terms.

© 2019 Medallion Bank. All Rights Reserved.