Medallion 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 that Anne McCabe, business development manager for the bank’s Recreation Lending business, has been elected to the National Marine Lenders Association (NMLA) Board of Directors for a three-year term through 2028.
The bank is a wholly owned subsidiary of Medallion Financial Corp.
McCabe has over 20 years of experience in finance and is expected to contribute helpful insights and connections to the NMLA Board during her term. On the board, she will initially focus on member value, education, balanced risk and sustainable growth in marine lending. She has been an active member of the recreation and marine lending community for more than a decade and previously served on NMLA’s Marine Lenders Advisory Council where she worked on event planning and continuing education.
“Anne’s experience and commitment to the marine industry make her an excellent addition to the NMLA Board,” said Justin Haley, president of Medallion Bank. “She carries on Medallion Bank’s long tradition of NMLA service, and her leadership will assist the association in its mission to promote, improve, and grow the recreational marine lending industry.”
