{"id":934220,"date":"2026-02-04T16:10:31","date_gmt":"2026-02-04T21:10:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-expands-leadership-team-to-spearhead-growth\/"},"modified":"2026-02-04T16:10:31","modified_gmt":"2026-02-04T21:10:31","slug":"medallion-bank-expands-leadership-team-to-spearhead-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-expands-leadership-team-to-spearhead-growth\/","title":{"rendered":"Medallion Bank Expands Leadership Team to Spearhead Growth"},"content":{"rendered":"<h2>\nJoel Cannon appointed Senior Vice President of Sales and Marketing<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">SALT LAKE CITY, Feb.  04, 2026  (GLOBE NEWSWIRE) &#8212; Medallion Bank (Nasdaq: MBNKO, the \u201cBank\u201d), 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, is pleased to announce the appointment of Joel Cannon as Senior Vice President of Sales and Marketing. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN).<\/p>\n<p align=\"left\">Joel brings to the Bank more than 20 years of leadership experience in consumer lending, performance marketing, and product development, having most recently served as SVP of Sales and Marketing at Regions Home Improvement Financing (formerly EnerBank USA). There he led a team of professionals across business development, account management, marketing, contractor training, and software product management, helping drive significant growth and innovation in contractor-based lending programs.<\/p>\n<p align=\"left\">Prior to his banking career, Joel held leadership roles in product, sales, and marketing at an edtech software start-up and a performance marketing firm. He is a former board member of the Utah Bankers Association and a graduate of that association\u2019s Executive Development Program. Joel is also deeply committed to community service, serving as a long-time volunteer and board member for People Helping People\u2014a nonprofit organization focused on reducing childhood poverty by empowering low- to moderate-income individuals, primarily single mothers, to achieve their full potential in the workplace.<\/p>\n<p align=\"left\">\u201cWe are thrilled to welcome Joel to Medallion Bank,\u201d said Justin Haley, President. \u201cJoel\u2019s deep industry knowledge and experience, strategic mindset, and passion for building high-performing teams make him uniquely qualified to lead our sales and marketing efforts.\u201d<\/p>\n<p align=\"left\">Joel\u2019s appointment underscores Medallion Bank\u2019s commitment to maintaining its leadership position in recreation lending and growing its home improvement finance and strategic partnership businesses.<\/p>\n<p align=\"left\">\u201cI am impressed with the leadership team and culture at Medallion Bank, and am excited to lead the growth initiatives for both home improvement and recreation lending,\u201d said Joel. \u201cOur goal is to help contractors, dealers, partners, and borrowers succeed by providing flexible, innovative financing options that make home improvement and recreation purchases more accessible.\u201d<\/p>\n<p align=\"left\">\n        <strong>About Medallion Bank<\/strong><br \/>\n        <br \/>Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City and is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). <em>For more information, visit <\/em><em><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3B272s35MLoDU2jv-7uss9uY96WlKiC4HRiTZG1kCZR01MNKhihyZYFoeHao6QqOvZJS5xdYa-SqCqSbGGAt6BVrQq8TMbMnrznX-oEs2zI=\" rel=\"nofollow\" target=\"_blank\">www.medallionbank.com<\/a>.<\/em><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"2\" style=\"vertical-align: top\">\n            <strong><br \/>\n              <u>Contacts:<\/u><br \/>\n            <\/strong><br \/>\n            \n          <\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:15%;width:15%;min-width:15%;vertical-align: top\">Investor Relations:<\/td>\n<td style=\"max-width:85%;width:85%;min-width:85%;vertical-align: top\">Ken Cooper<br \/><a href=\"mailto:investorrelations@medallion.com\" rel=\"nofollow\" target=\"_blank\">investorrelations@medallion.com<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:15%;width:15%;min-width:15%\">\u00a0<\/td>\n<td style=\"max-width:85%;width:85%;min-width:85%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">Public Relations:<\/td>\n<td style=\"vertical-align: top\">Christopher Liechty<br \/><a href=\"mailto:cliechty@medallionbank.com\" rel=\"nofollow\" target=\"_blank\">cliechty@medallionbank.com<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY0ODk1MSM3NDA5Njk3IzIxNzgwMTY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/N2I1YzBkMGUtMDU5Mi00ODU1LWFlOGMtYzMwYWQzZDhmMzc0LTExODk1ODUtMjAyNi0wMi0wNC1lbg==\/tiny\/Medallion-Financial-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Joel Cannon appointed Senior Vice President of Sales and Marketing SALT LAKE CITY, Feb. 04, 2026 (GLOBE NEWSWIRE) &#8212; Medallion Bank (Nasdaq: MBNKO, the \u201cBank\u201d), 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, is pleased to announce the appointment of Joel Cannon as Senior Vice President of Sales and Marketing. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). Joel brings to the Bank more than 20 years of leadership experience in consumer lending, performance marketing, and product development, having most recently served as SVP of Sales and Marketing at Regions Home Improvement Financing (formerly EnerBank USA). There he &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-expands-leadership-team-to-spearhead-growth\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Medallion Bank Expands Leadership Team to Spearhead Growth&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-934220","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Medallion Bank Expands Leadership Team to Spearhead Growth - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-expands-leadership-team-to-spearhead-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medallion Bank Expands Leadership Team to Spearhead Growth - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Joel Cannon appointed Senior Vice President of Sales and Marketing SALT LAKE CITY, Feb. 04, 2026 (GLOBE NEWSWIRE) &#8212; Medallion Bank (Nasdaq: MBNKO, the \u201cBank\u201d), 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, is pleased to announce the appointment of Joel Cannon as Senior Vice President of Sales and Marketing. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). Joel brings to the Bank more than 20 years of leadership experience in consumer lending, performance marketing, and product development, having most recently served as SVP of Sales and Marketing at Regions Home Improvement Financing (formerly EnerBank USA). There he &hellip; Continue reading &quot;Medallion Bank Expands Leadership Team to Spearhead Growth&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-expands-leadership-team-to-spearhead-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-04T21:10:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY0ODk1MSM3NDA5Njk3IzIxNzgwMTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medallion-bank-expands-leadership-team-to-spearhead-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medallion-bank-expands-leadership-team-to-spearhead-growth\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Medallion Bank Expands Leadership Team to Spearhead Growth\",\"datePublished\":\"2026-02-04T21:10:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medallion-bank-expands-leadership-team-to-spearhead-growth\\\/\"},\"wordCount\":458,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medallion-bank-expands-leadership-team-to-spearhead-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY0ODk1MSM3NDA5Njk3IzIxNzgwMTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medallion-bank-expands-leadership-team-to-spearhead-growth\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medallion-bank-expands-leadership-team-to-spearhead-growth\\\/\",\"name\":\"Medallion Bank Expands Leadership Team to Spearhead Growth - 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The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). Joel brings to the Bank more than 20 years of leadership experience in consumer lending, performance marketing, and product development, having most recently served as SVP of Sales and Marketing at Regions Home Improvement Financing (formerly EnerBank USA). 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