Medallion Bank reshuffles leadership with two key executive promotions
Medallion Bank has announced two key promotions within its leadership team. Justin Haley will take on the role of President, while Travis Betenson becomes Senior Vice President and Chief Financial Officer. Both appointments will be effective from January 12, 2026.
Justin Haley has been with Medallion Bank since 2011, starting as Vice President of Home Improvement Lending. He later became Senior Vice President and Chief Operating Officer in 2015, before moving to Executive Vice President and Chief Financial Officer in 2021. With over 30 years of banking experience, he now steps into the position of President.
Travis Betenson joined Medallion Bank in 2024 as Vice President of Finance. By the end of the same year, he was promoted to Senior Vice President of Finance. His previous roles include serving as Chief Financial Officer for two Utah industrial banks, bringing over 15 years of banking leadership experience to his new position. Both Haley and Betenson will continue reporting to Chief Executive Officer Donald Poulton. Medallion Bank, headquartered in Salt Lake City, operates as a Utah-chartered, FDIC-insured industrial bank. It is a wholly owned subsidiary of Medallion Financial Corp. and specialises in consumer loans for recreational vehicles, boats, home improvements, and loan origination services for fintech partners.
The promotions mark a strategic move for Medallion Bank’s leadership structure. Haley’s extensive experience and Betenson’s financial expertise will support the bank’s operations moving forward. Their new roles will officially begin in early 2026.