Medallion Bank

Medallion Bank Recreation Loans
(866) 688-6983

Home Improvement Loans
(888) 833-8570

Member FDIC

Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, and offering loan origination services to fintech partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States.

Here's a number worth sitting with: 78% of older American homeowners plan to stay in their homes as they age.  They're n...
05/22/2026

Here's a number worth sitting with: 78% of older American homeowners plan to stay in their homes as they age.

They're not downsizing. They're not moving to assisted living. They're staying — in homes that need spaces designed for a different stage of life.

And they have the means to pay for it. Boomer homeowners hold a collective $17 trillion in home equity. They represent 51.8% of all U.S. wealth. Three-quarters of them plan to pass their homes on to their children — and many are investing in those homes right now.

For home improvement contractors, the generational math has never been more favorable. The first boomers turned 80 this year. By 2030, all 64 million will be 65 or older.

We wrote a detailed look at what this means for your business — the projects it's driving, the customers it's creating, and the opportunity that's sitting right in front of you.

Read it here:

The first boomers turned 80 on January 1, 2026. In 2025 alone, a record 4.18 million Americans reached age 65 — an average of 11,400 per day. By 2030, every baby boomer will be 65 or older. And the vast majority of them are staying put in homes that weren’t built for life at 75 or 80. The Boome...

In 2025, Millennials and Gen Z RV owners reached parity with Baby Boomers for the first time, each representing 22% of a...
05/21/2026

In 2025, Millennials and Gen Z RV owners reached parity with Baby Boomers for the first time, each representing 22% of all RV owners. The median buyer age has dropped in just four years. And as the first boomers turn 80 in 2026, research shows that discretionary spending — including recreation — declines sharply at that age.

The customer walking into your dealership today is younger, more digitally informed, and more dependent on point-of-sale financing than the buyer you've served for the past 30 years.

We've put together an in-depth look at what these trends mean for RV, marine, powersports, and horse trailer dealers — backed by data from Brookings, McKinsey, RVIA, NMMA, and Cerulli Associates.

Read the full article here: https://www.medallionbank.com/blog/the-pig-in-the-python-how-generational-change-is-reshaping-the-recreation-industry/

Exciting News!Please join us in congratulating Jordan Moore, our Business Development Manager, on being appointed Chair ...
03/17/2026

Exciting News!

Please join us in congratulating Jordan Moore, our Business Development Manager, on being appointed Chair of the RV Industry Association’s Emerging Leaders Coalition!

This national group brings together rising professionals who are shaping the future of the RV industry, and we’re proud to see Jordan Moore leading the way. His passion, expertise, and vision make him an outstanding advocate for emerging leaders across the industry.

We’re thrilled to support Jordan Moore in this new role—congratulations!

In honor of Presidents' Day, Medallion Bank will be closed Monday, February 16, with the following exception: underwriti...
02/13/2026

In honor of Presidents' Day, Medallion Bank will be closed Monday, February 16, with the following exception: underwriting and processing in our Home Improvement Lending will be available. All areas of the Bank will reopen at 8 am MT on Tuesday, February 17. We wish you a Happy Presidents' Day!

Medallion Bank is heading to the Houston RV Show! Jordan Moore will be on-site February 11th-13th and hopes to see you t...
02/10/2026

Medallion Bank is heading to the Houston RV Show! Jordan Moore will be on-site February 11th-13th and hopes to see you there.

Several of our Medallion Bank team members (Joel Cannon, Wade Albers, Pete Clausen, and Hunter Brown) will be attending ...
01/16/2026

Several of our Medallion Bank team members (Joel Cannon, Wade Albers, Pete Clausen, and Hunter Brown) will be attending the International Roofing Expo (IRE) 2026 in Las Vegas January 20 – 22. They will be there to connect with industry partners and stay ahead of trends shaping the roofing and construction markets. Supporting contractors with smart financing solutions starts with understanding their business. Stop by Booth1635 to say hello.

From all of us at Medallion Bank, Happy New Year! Thank you for your support and business.  We are excited for new oppor...
12/30/2025

From all of us at Medallion Bank, Happy New Year! Thank you for your support and business. We are excited for new opportunities, continued growth, and stronger partnerships in 2026!

We will be closing at 4 pm MT, Wednesday, December 31 and closed New Year’s Day. We will reopen for business at 8 am MT on Friday, January 2 and close at 4 pm MT. Home Improvement Lending will be closed Saturday, January 3.

We want to extend our sincere gratitude to our clients, partners, and team. Thank you for your trust, collaboration, and...
12/23/2025

We want to extend our sincere gratitude to our clients, partners, and team. Thank you for your trust, collaboration, and support throughout the year. Wishing you a joyful holiday season and a successful year ahead.

We will be closing at 3 pm MT, Wednesday, December 24, and will be closed Christmas Day. We will reopen for business at 8 am MT on Friday, December 26, closing at 4 pm MT. Home Improvement Lending will be closed Saturday, December 27.

Marine dealers from all over the Americas are heading to Tampa! Several of our Medallion Bank team members (Joel Cannon,...
12/05/2025

Marine dealers from all over the Americas are heading to Tampa! Several of our Medallion Bank team members (Joel Cannon, Wade Albers, Anne McCabe, and Damon Puckett) will be attending the Marine Retailers Association of the Americas Conference & Expo December 7-10. This event brings together leaders and innovators from across the recreational boating industry to collaborate, learn, and explore new opportunities for growth. Our employees are looking forward to gaining valuable insights, building connections, and bringing back fresh ideas. Stop by booth 721 to say hello.

Address

1100 E 6600 S, Ste. 510
Salt Lake City, UT
84121

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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