Headquartered in Salt Lake City, Utah, Medallion Bank (FDIC-Insured, Utah State-Chartered Industrial Bank) specializes in consumer loan origination, point-of-sale financing, and strategic FinTech partnership lending. Operating nationwide under its industrial bank charter, Medallion Bank provides the regulatory infrastructure, compliance governance, and bank charter capacity that enable FinTechs and technology platforms to originate digital lending products seamlessly.

Through its Strategic Partnerships division, Medallion Bank acts as an originating bank partner for marketplace lenders, employer-sponsored credit providers, and specialized healthcare or home improvement networks. By combining decades of niche credit expertise with flexible bank-fintech programs, Medallion Bank allows non-bank platforms to scale compliant consumer installment loans and credit products across all 50 states.

• Utah Industrial Bank Charter: Export interest rates nationwide and originate consumer credit products under a unified federal and state regulatory framework.

• Marketplace & FinTech Credit Sponsorship: Provide loan origination rails and banking charter sponsorship for technology-driven credit platforms and marketplace lenders.

• Consumer Installment & POS Financing: Sponsor point-of-sale financing programs, consumer installment loans, and general-use credit for home improvement, renewable energy, and medical care.

• Employer-Sponsored Credit Programs: Partner with fintechs to deploy payroll-deducted, employer-sponsored credit products and employee financial wellness loans.

• LendAPI Orchestration: Map Medallion Bank’s credit decisioning, customer verification (KYC), and automated loan disbursal endpoints directly into LendAPI’s visual workflows.

Key Features

• Nationwide Loan Origination: Originate small and large consumer installment loans, credit builder products, and specialized credit cards under Medallion Bank’s chartered authority.

• Turnkey Compliance Framework: Embedded compliance oversight covering BSA/AML monitoring, CIP validation, Truth in Lending (TILA), Fair Lending mandates, and state licensing exemptions.

• Flexible Credit Program Structures: Support diverse credit structures—from point-of-sale merchant checkout financing to employer payroll-deducted loan platforms.

• Scalable Funding & Settlement Rails: Programmatic integration for automated loan disbursal via ACH, wire settlement, and sub-ledger accounting synchronization.

• Dedicated Strategic Partner Support: Collaborative risk management and underwriting program oversight designed to help FinTech platforms scale responsibly.