{"success":true,"data":{"pressRelease":{"id":"30322","rtpr_id":"nGNX517mnQ","ticker":"MBNKO","exchange":"NASDAQ","all_tickers":["MBNKO","MFIN"],"title":"Medallion Bank Enters Into Strategic Partnership with Together Loans","author":"Globe Newswire","published_at":"2026-05-11T20:05:01.690Z","article_body":"SALT LAKE CITY, May 11, 2026 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq:\nMBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the\npurchase of recreational vehicles, boats, and home improvements, along with\nloan origination services to fintech strategic partners, announced today it\nhas entered into a multi-year definitive agreement with TL Financial Services,\nLLC dba Together Loans (“Together Loans”). Together Loans is a fintech\ncompany focused on expanding access to credit by offering consumer loans built\non a cosigner’s trust in the borrower, rather than solely on traditional\ncredit scores or history. The Bank is a wholly owned subsidiary of Medallion\nFinancial Corp. (Nasdaq: MFIN).\n\nTogether Loans is the fifth fintech partnership in the Bank’s strategic\npartnership program. In 2025, total strategic partnership loan originations\nreached $771.6 million, up significantly from $203.6 million in 2024. The Bank\nis actively evaluating additional high quality partnership opportunities to\nfurther scale the program.\n\n“We are pleased to welcome Together Loans to our strategic partnership\nprogram,” stated Justin Haley, President of Medallion Bank. “We appreciate\ntheir focus on helping individuals with prior credit challenges both to access\nneeded credit and improve financial standing over time. At Medallion Bank, we\nmake loans that address this same need and share the common value of\nresponsibly serving communities underserved by traditional banks.”\n\n“Together Loans has helped thousands of customers improve their lives\nthrough good old-fashioned, honest and responsible finance,” stated Kelly\nBlack, Co-Founder and CEO of Together Loans, “We are excited to partner with\nMedallion Bank to expand that reach, providing more consumers with access to\nfair, transparent credit, backed by the people who believe in them most, and a\nbank aligned with our mission.”\n\nAbout Medallion Bank\n\nMedallion Bank specializes in providing consumer loans for the purchase of\nrecreational vehicles, boats, and home improvements at the point of sale,\nalong with loan origination services to fintech strategic partners. The Bank\nworks directly with thousands of dealers, contractors and financial service\nproviders serving their customers throughout the United States. Medallion Bank\nis a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake\nCity and is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq:\nMFIN). The Bank’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock,\nSeries G, trades on the Nasdaq Capital Market under the ticker symbol\n“MBNKO.” For more information, visit www.medallionbank.com.\n\n Investor Relations:  investorrelations@medallion.com  \n                                                       \n\nAbout Together Loans\n\nTogether Loans helps borrowers and their cosigners work together to access\nfair, affordable credit by offering guarantor backed, unsecured consumer\ninstallment loans in the United States. Together Loans is based in Chicago,\nIL., and offers personal cosigner loans with amounts and terms that vary by\nstate. Together Loans’ brand reflects its mission to bring people together\nto expand their access to financial opportunities that may otherwise be\nunavailable. Together Loans operates under NMLS ID 1905055 and 2766355.\n\n Together Loans:  Claire Stratford                    \n                  claire.stratford@togetherloans.com  \n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX517mnQ","title":"Medallion Bank Enters Into Strategic Partnership with Together Loans","author":"Globe Newswire","ticker":"MBNKO","created":"2026-05-11T20:05:01.690Z","tickers":["MBNKO","MFIN"],"exchange":"NASDAQ","article_body":"SALT LAKE CITY, May 11, 2026 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq:\nMBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the\npurchase of recreational vehicles, boats, and home improvements, along with\nloan origination services to fintech strategic partners, announced today it\nhas entered into a multi-year definitive agreement with TL Financial Services,\nLLC dba Together Loans (“Together Loans”). Together Loans is a fintech\ncompany focused on expanding access to credit by offering consumer loans built\non a cosigner’s trust in the borrower, rather than solely on traditional\ncredit scores or history. The Bank is a wholly owned subsidiary of Medallion\nFinancial Corp. (Nasdaq: MFIN).\n\nTogether Loans is the fifth fintech partnership in the Bank’s strategic\npartnership program. In 2025, total strategic partnership loan originations\nreached $771.6 million, up significantly from $203.6 million in 2024. The Bank\nis actively evaluating additional high quality partnership opportunities to\nfurther scale the program.\n\n“We are pleased to welcome Together Loans to our strategic partnership\nprogram,” stated Justin Haley, President of Medallion Bank. “We appreciate\ntheir focus on helping individuals with prior credit challenges both to access\nneeded credit and improve financial standing over time. At Medallion Bank, we\nmake loans that address this same need and share the common value of\nresponsibly serving communities underserved by traditional banks.”\n\n“Together Loans has helped thousands of customers improve their lives\nthrough good old-fashioned, honest and responsible finance,” stated Kelly\nBlack, Co-Founder and CEO of Together Loans, “We are excited to partner with\nMedallion Bank to expand that reach, providing more consumers with access to\nfair, transparent credit, backed by the people who believe in them most, and a\nbank aligned with our mission.”\n\nAbout Medallion Bank\n\nMedallion Bank specializes in providing consumer loans for the purchase of\nrecreational vehicles, boats, and home improvements at the point of sale,\nalong with loan origination services to fintech strategic partners. The Bank\nworks directly with thousands of dealers, contractors and financial service\nproviders serving their customers throughout the United States. Medallion Bank\nis a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake\nCity and is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq:\nMFIN). The Bank’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock,\nSeries G, trades on the Nasdaq Capital Market under the ticker symbol\n“MBNKO.” For more information, visit www.medallionbank.com.\n\n Investor Relations:  investorrelations@medallion.com  \n                                                       \n\nAbout Together Loans\n\nTogether Loans helps borrowers and their cosigners work together to access\nfair, affordable credit by offering guarantor backed, unsecured consumer\ninstallment loans in the United States. Together Loans is based in Chicago,\nIL., and offers personal cosigner loans with amounts and terms that vary by\nstate. Together Loans’ brand reflects its mission to bring people together\nto expand their access to financial opportunities that may otherwise be\nunavailable. Together Loans operates under NMLS ID 1905055 and 2766355.\n\n Together Loans:  Claire Stratford                    \n                  claire.stratford@togetherloans.com  \n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-11T20:05:01.732766798Z","server_sent_at_ms":1778529901732},"received_at":"2026-05-11T20:05:01.897Z","source_url":"https://www.globenewswire.com/news-release/2026/05/11/3292327/0/en/Medallion-Bank-Enters-Into-Strategic-Partnership-with-Together-Loans.html"},"analysis":{"id":"22460","press_release_id":"30322","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":[],"eventType":"partnership","narrative":"Medallion Bank entered a multi-year definitive agreement with fintech company Together Loans, marking the fifth partner in its strategic partnership program.\n\nThe bank reported that total strategic partnership loan originations grew to $771.6 million in 2025, up significantly from $203.6 million in 2024.\n\nManagement stated it is actively evaluating additional high-quality partnership opportunities to further scale the program.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Medallion Bank adds fifth fintech partner as program originations nearly quadruple year-over-year."},"keyFigures":{"customDimensions":{"strategic_partnership_originations_2024":"$203.6 million","strategic_partnership_originations_2025":"$771.6 million"}},"quotedText":"We 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.","namedEntities":{"people":[{"name":"Justin Haley","role":"President of Medallion Bank"},{"name":"Kelly Black","role":"Co-Founder and CEO of Together Loans"}],"products":[],"companies":[{"name":"Medallion Bank","ticker":"MBNKO"},{"name":"Medallion Financial Corp.","ticker":"MFIN","relationship":"parent company"},{"name":"TL Financial Services, LLC dba Together Loans","relationship":"partner"}],"dollarAmounts":[{"amount":"$771.6 million","context":"2025 total strategic partnership loan originations"},{"amount":"$203.6 million","context":"2024 total strategic partnership loan originations"}]},"materialImpact":{"score":2,"reasoning":"Adds a fifth fintech partner to Medallion's program, which saw strong originations growth, but specific financial terms of the deal were not disclosed."},"tickerRelevance":{"others":[{"ticker":"MFIN","relevance":"parent company"}],"primary":"MBNKO"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"operational-partnership","sectorWeight":"financials","householdBrandBoost":0,"retailFavoriteBoost":0}},"event_type":"partnership","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Medallion Bank entered a multi-year definitive agreement with fintech company Together Loans, marking the fifth partner in its strategic partnership program.\n\nThe bank reported that total strategic partnership loan originations grew to $771.6 million in 2025, up significantly from $203.6 million in 2024.\n\nManagement stated it is actively evaluating additional high-quality partnership opportunities to further scale the program.","key_figures":{"customDimensions":{"strategic_partnership_originations_2024":"$203.6 million","strategic_partnership_originations_2025":"$771.6 million"}},"named_entities":{"people":[{"name":"Justin Haley","role":"President of Medallion Bank"},{"name":"Kelly Black","role":"Co-Founder and CEO of Together Loans"}],"products":[],"companies":[{"name":"Medallion Bank","ticker":"MBNKO"},{"name":"Medallion Financial Corp.","ticker":"MFIN","relationship":"parent company"},{"name":"TL Financial Services, LLC dba Together Loans","relationship":"partner"}],"dollarAmounts":[{"amount":"$771.6 million","context":"2025 total strategic partnership loan originations"},{"amount":"$203.6 million","context":"2024 total strategic partnership loan originations"}]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a76fb3b19e8e8b7b","schema_hash":"sha256:8658c370b800cf3d","created_at":"2026-05-11T21:25:57.817Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"operational-partnership","sectorWeight":"financials","householdBrandBoost":0,"retailFavoriteBoost":0}},"durationMs":309447,"modelName":"george-droid-qwen-72b"}}