Medallion Bank


Overview / Commentary
866-688-6983
1100 East 6600 South, Suite 510
Salt Lake City, UT 84121

Medallion Bank is headquartered in SALT LAKE CITY and is the 21st largest bank in the state of Utah. It is also the 490th largest bank in the nation. It was established in 2003 and as of March of 2025, it had grown to 136 employees at 1 location. Medallion Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #57449
Year Established2003
Employees136
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.46%
Return on Equity - YTD16.17%
Annual Interest Income$72MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.54B$2.31B
LoansQ1 2025vs Q1 2024$2.28B$2.04B
DepositsQ1 2025vs Q1 2024$2.03B$1.88B
Equity CapitalQ1 2025vs Q1 2024$391.1MM$358.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$91.8MM$78.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$9.2MM$11.1MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Medallion Bank Locations
Medallion Bank1100 E 6600 SSalt Lake City, UT 84121

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