Medallion Bank (NASDAQ:MBNKO, the "Bank"))), an FDIC-insured bank and wholly owned subsidiary of Medallion Financial Corp. (NASDAQ:MFIN) providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, today announced that Donald Poulton will retire as its Chief Executive Officer effective June 30, 2026. Mr. Poulton will join the Bank's Board of Directors.

Justin Haley, who was promoted to President of the Bank in January 2026 and has been with the institution since 2011, will succeed Mr. Poulton as Chief Executive Officer, effective July 1, 2026.

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