{"id":960986,"date":"2026-05-11T17:55:33","date_gmt":"2026-05-11T21:55:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-enters-into-strategic-partnership-with-together-loans\/"},"modified":"2026-05-11T17:55:33","modified_gmt":"2026-05-11T21:55:33","slug":"medallion-bank-enters-into-strategic-partnership-with-together-loans","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/medallion-bank-enters-into-strategic-partnership-with-together-loans\/","title":{"rendered":"Medallion Bank Enters Into Strategic Partnership with Together Loans"},"content":{"rendered":"
\n

SALT LAKE CITY, May 11, 2026 (GLOBE NEWSWIRE) — 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, announced today it has entered into a multi-year definitive agreement with TL Financial Services, LLC dba Together Loans (\u201cTogether Loans\u201d). Together Loans is a fintech company focused on expanding access to credit by offering consumer loans built on a cosigner\u2019s trust in the borrower, rather than solely on traditional credit scores or history. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN).<\/p>\n

Together Loans is the fifth fintech partnership in the Bank\u2019s strategic partnership program. In 2025, total strategic partnership loan originations reached $771.6 million, up significantly from $203.6 million in 2024. The Bank is actively evaluating additional high quality partnership opportunities to further scale the program.<\/p>\n

\u201cWe are pleased to welcome Together Loans to our strategic partnership program,\u201d stated Justin Haley, President of Medallion Bank. \u201cWe appreciate their focus on helping individuals with prior credit challenges both to access needed credit and improve financial standing over time. At Medallion Bank, we make loans that address this same need and share the common value of responsibly serving communities underserved by traditional banks.\u201d<\/p>\n

\u201cTogether Loans has helped thousands of customers improve their lives through good old-fashioned, honest and responsible finance,\u201d stated Kelly Black, Co-Founder and CEO of Together Loans, \u201cWe are excited to partner with Medallion Bank to expand that reach, providing more consumers with access to fair, transparent credit, backed by the people who believe in them most, and a bank aligned with our mission.\u201d<\/p>\n

\n About<\/strong>
\n Medallion<\/strong>
\n Bank<\/strong>\n <\/p>\n

Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements at the point of sale, 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). The Bank\u2019s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, trades on the Nasdaq Capital Market under the ticker symbol \u201cMBNKO.\u201d For more information, visit www.medallionbank.com<\/a>.<\/p>\n\n\n\n
Investor Relations:<\/td>\n\n investorrelations@medallion.com<\/a>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n About<\/strong>
\n Together<\/strong>
\n Loans<\/strong>\n <\/p>\n

Together Loans helps borrowers and their cosigners work together to access fair, affordable credit by offering guarantor backed, unsecured consumer installment loans in the United States. Together Loans is based in Chicago, IL., and offers personal cosigner loans with amounts and terms that vary by state. Together Loans\u2019 brand reflects its mission to bring people together to expand their access to financial opportunities that may otherwise be unavailable. Together Loans operates under NMLS ID 1905055 and 2766355.<\/p>\n\n\n\n
Together Loans:<\/td>\nClaire Stratford<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n claire.stratford@togetherloans.com<\/a>\n <\/td>\n<\/tr>\n<\/table>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SALT LAKE CITY, May 11, 2026 (GLOBE NEWSWIRE) — 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, announced today it has entered into a multi-year definitive agreement with TL Financial Services, LLC dba Together Loans (\u201cTogether Loans\u201d). Together Loans is a fintech company focused on expanding access to credit by offering consumer loans built on a cosigner\u2019s trust in the borrower, rather than solely on traditional credit scores or history. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). Together Loans is the fifth fintech partnership in the Bank\u2019s strategic partnership program. In … <\/p>\n

Continue reading “Medallion Bank Enters Into Strategic Partnership with Together Loans”<\/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-960986","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMedallion Bank Enters Into Strategic Partnership with Together Loans - 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-enters-into-strategic-partnership-with-together-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medallion Bank Enters Into Strategic Partnership with Together Loans - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SALT LAKE CITY, May 11, 2026 (GLOBE NEWSWIRE) — 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, announced today it has entered into a multi-year definitive agreement with TL Financial Services, LLC dba Together Loans (\u201cTogether Loans\u201d). Together Loans is a fintech company focused on expanding access to credit by offering consumer loans built on a cosigner\u2019s trust in the borrower, rather than solely on traditional credit scores or history. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). Together Loans is the fifth fintech partnership in the Bank\u2019s strategic partnership program. 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