Medallion Bank Salary

Medallion Bank Salary

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As of August 2026, the average annual salary for employees at Medallion Bank in the United States is $89,858. This translates to an approximate hourly wage of $43. Salaries at Medallion Bank typically range from $78,770 to $101,917 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Medallion Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Medallion Bank. Based on our data, the highest paying job is the Senior Vice President & Chief Financial Officer, with an annual salary of $362,646. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Medallion Bank

Ready for your next career move? Explore current job openings at Medallion Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Medallion Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Medallion Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
L & D Group Holdings LLC $95,997
+6.8%
Adjusted for higher cost-of-living indices in L & D Group Holdings LLC's primary metro hubs.
American Land Title Co $84,215
-6.3%
Typical compensation structure for smaller regional agencies like American Land Title Co.
First Partners Bank $89,458
-0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Catalyst Bancorp Inc $88,329
-1.7%
Confirms Catalyst Bancorp Inc is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+35.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Medallion Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Medallion Bank. Click a company name to learn more.

Employee Reviews: Working at Medallion Bank

Considering a career at Medallion Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Cutting-edge financial tools and technology keep employees engaged and efficient. Commuter benefits offset transportation costs. Supportive work culture and tools. Employees have access to ongoing training and career development opportunities. The work is challenging but rewarding, with opportunities to lead projects and innovate.
Commented in April 27, 2025
38
0
It’s a high-performing yet people-first workplace. There's a focus on execution over exploration. Team-oriented environment with supportive management. Clear direction and great teamwork. Their vision for the company's future is ambitious yet achievable, and they communicate it clearly to all employees. Culture is formal and sometimes rigid. Leadership is visionary, always pushing for innovation w...
Commented in January 09, 2025
22
0
Quiet spaces are available for focused work. It’s fulfilling to contribute to impactful financial solutions in such a supportive environment. Management communicates policies clearly, but changes are often delayed due to bureaucracy. The onboarding process sets new hires up for success.
Commented in February 20, 2024
15
1

Medallion Bank Overview

Website
www.medallionbank.com
Founded In
1984
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
1100 E 6600 S Salt Lake City Utah UT 84121
Revenue
$10 Million - $50 Million
Phone Number
+1 8666886983
Social Media
About Medallion Bank
At Medallion Bank, we have nearly 20 years of experience putting the needs of our dealers, contractors and strategic partners at the forefront. We understand the importance of having a reliable and trustworthy lending source. Our team will help you build a credible reputation as you offer friendly, affordable financing options to your customers. Medallion Bank specializes in providing consumer loa

What Benefits Does Medallion Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Medallion Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Medallion Bank?
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What Is the Cost of Living Near Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at Medallion Bank.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from Medallion Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Medallion Bank salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Medallion Bank

1. What is the average salary for employees at Medallion Bank?

The average annual total compensation for employees at Medallion Bank is approximately $89,858. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,770 to $101,917, depending on factors like job role, experience, and location.

2. How much does Medallion Bank pay compared to L & D Group Holdings LLC?

The average annual salary at Medallion Bank is $89,858, or an hourly wage of $43, in comparison to L & D Group Holdings LLC which pays $95,997 per year or $46 per hour.

3. What is the lowest salary at Medallion Bank?

The lowest-paying job at Medallion Bank is an Executive Administrative Assistant with a salary of $72,076 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Medallion Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Medallion Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Medallion Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Salt Lake City?

While some companies offer formal COLA, many, including potentially Medallion Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Medallion Bank?

Most companies, likely including Medallion Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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