Medallion Bank (NASDAQ: MBNKO) announced a multi-year agreement with Together Loans, a fintech company that offers consumer loans based on cosigner relationships rather than traditional credit scores.

Together Loans becomes the fifth fintech partner in Medallion Bank's strategic partnership program. The bank reported strategic partnership loan originations of $771.6 million in 2025, compared to $203.6 million in 2024.

Together Loans focuses on providing unsecured consumer installment loans to borrowers with cosigners. The Chicago-based company operates under NMLS ID 1905055 and 2766355, offering personal loans with amounts and terms that vary by state.

"We are pleased to welcome Together Loans to our strategic partnership program," said Justin Haley, President of Medallion Bank. "We appreciate their focus on helping individuals with prior credit challenges both to access needed credit and improve financial standing over time."

Kelly Black, Co-Founder and CEO of Together Loans, said the partnership will help expand access to credit for more consumers.

Medallion Bank specializes in consumer loans for recreational vehicles, boats, and home improvements, working with dealers, contractors and financial service providers across the United States. The Utah-chartered, FDIC-insured industrial bank is a subsidiary of Medallion Financial Corp. (NASDAQ: MFIN).

The bank stated it continues evaluating additional partnership opportunities to scale its strategic partnership program.