Medallion Financial Corp. announced that its shareholders elected Cynthia A. Hallenbeck as an independent director. The appointment of Ms. Hallenbeck brings the number of directors to seven members, a majority of which are independent. Ms. Hallenbeck currently serves on the Clinton Health Access Initiative board of director’s audit committee and the boards of directors for both the Wellspring Foundation and the Diabetes Training Camp Foundation. Ms. Hallenbeck served on both the audit and compensation committees of the Walker & Dunlop Inc. board of directors, having joined the board in December 2010 and serving as a director through 2019.