by Parker Gore | Apr 3, 2023 | Finance, General Topics
Our Deposits Don’t Run As a specialty finance bank, Medallion Bank is different from traditional banks in several ways. Many people are familiar with our specialized loan products that help individuals and families to achieve their dreams by purchasing RVs and...
by Parker Gore | Mar 14, 2023 | Finance, General Topics, Uncategorized
Medallion Bank believes in people and works to help low- and moderate-income individuals, families, and business owners. We focus our support in and around Salt Lake City, Utah, where we are based. The following are just a few examples of how we support our local...
by Brenda Greenwell | Jul 11, 2022 | Finance, Recreation
Understanding Your Customer’s Credit Scores WHAT IS BAD CREDIT? The recreation industry uses slightly different terminology, but if your customers have a FICO score between 600 and 650, they are considered to have poor credit. According to Credit.com, anything lower...
by Brenda Greenwell | Jun 13, 2022 | Finance, General Topics
How to Handle an Indecisive Customer and Increase Your Sales Anyone who has ever worked in sales can attest to the fact that indecisive customers can be frustrating to deal with. No matter what, winning them over will take lots of patience and a willingness to help...
by Brenda Greenwell | Jan 11, 2022 | Finance, General Topics
What to Know About Higher Interest Rates from the Federal Reserve In recent months, there has been a lot of speculation around the Federal Reserve increasing interest rates. According to a forecast from Goldman Sachs, the combination of rising inflation and a labor...
by Brenda Greenwell | Dec 21, 2021 | Finance, General Topics
Supply and Demand: The Labor Market No doubt by now you’ve noticed the U.S. job market is somewhat tumultuous, as businesses grapple with the combination of labor shortages and the Great Resignation. Half of U.S. businesses describe their workplaces as understaffed,...
