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Medallion Bank

Salt Lake City, UT · Est. 2003 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Medallion Bank is a bank based in Salt Lake City, Utah, established in 2003, with $2.7 billion in total assets across 1 branch. By Trust Grade it ranks 16th of 42 banks we track in Utah. Its capital ratio of 16.7% is stronger than 96% of similarly sized banks, versus a Utah median of 12.9%. It was profitable over the most recent period, with a 1.97% return on assets. No consumer complaints against Medallion Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$2.7B
$1B–10B institution
Deposits
$2.1B
Branches
1
Capital ratio
16.7%
Top 4% of $1B–10B peers · Utah median 12.9%
Return on assets
2.0%
Top 11% of $1B–10B peers · Utah median 1.82%
Rank in Utah
#16
of 42 banks

How Medallion Bank compares to Utah peers

Capital ratio
Top 4% of $1B–10B peers
Medallion Bank
16.7%
Utah median
12.9%
Higher capital ratio = stronger financial cushion
Return on assets
Top 11% of $1B–10B peers
Medallion Bank
2.0%
Utah median
1.8%
Higher ROA = more profitable relative to asset base

How we graded Medallion Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (16.7% capital ratio)
  • Strongly profitable (ROA 1.97%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Medallion Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (1)

  • 1100 E 6600 S, Salt Lake City, UT 84121

Are deposits at Medallion Bank insured?

Yes. Medallion Bank is an FDIC-insured bank (FDIC certificate #57449). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Medallion Bank: frequently asked questions

Is Medallion Bank a good bank?

Medallion Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.7% capital ratio); Strongly profitable (ROA 1.97%).

Is Medallion Bank FDIC-insured?

Yes. Medallion Bank is a FDIC-insured bank (FDIC certificate #57449). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Medallion Bank?

Medallion Bank holds $2.7 billion in total assets, ranking 16th of 42 banks we track in Utah. It operates 1 branch.

Does Medallion Bank have CFPB complaints?

No CFPB complaints against Medallion Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

State Bank Of Southern Utah
bank · Cedar City, UT · $2.7B assets
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Nelnet Bank
bank · Draper, UT · $2.5B assets
Central Bank
bank · Provo, UT · $2.1B assets
Cache Valley Bank
bank · Logan, UT · $3.5B assets
Square Financial Services, Inc.
bank · Salt Lake City, UT · $1.8B assets

Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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