Medallion Bank (NASDAQ:MBNKO, the "Bank"))), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today it has entered into a multi-year definitive agreement with TL Financial Services, LLC dba Together Loans ("Together Loans"). Together Loans is a fintech company focused on expanding access to credit by offering consumer loans built on a cosigner's trust in the borrower, rather than solely on traditional credit scores or history. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (NASDAQ:MFIN).

Together Loans is the fifth fintech partnership in the Bank's strategic partnership program. In 2025, total strategic partnership loan originations reached $771.6 million, up significantly from $203.6 million in 2024. The Bank is actively evaluating additional high quality partnership opportunities to further scale the program.