-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Wdx6RzeUXCpLUqAupARfVWVHp+7VPCwbjMRjI48v+KcwTrteYBXf52JydaNkkOMs
 PVGFPR1agbXstgiVxYgajw==

<SEC-DOCUMENT>0001181431-03-010547.txt : 20030611
<SEC-HEADER>0001181431-03-010547.hdr.sgml : 20030611
<ACCEPTANCE-DATETIME>20030610182143
ACCESSION NUMBER:		0001181431-03-010547
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030606
FILED AS OF DATE:		20030611

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEICKER LOWELL P JR
		CENTRAL INDEX KEY:			0001185920

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27812
		FILM NUMBER:		03739685

	MAIL ADDRESS:	
		STREET 1:		200 DUKE STREET
		CITY:			ALEXANDRIA
		STATE:			VA
		ZIP:			22314

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEDALLION FINANCIAL CORP
		CENTRAL INDEX KEY:			0001000209
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				043291176
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		437 MADISON AVE 38 TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2123282153

	MAIL ADDRESS:	
		STREET 1:		437 MADISON AVENUE
		STREET 2:		38TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd10886.xml
<DESCRIPTION>FORM 3 6-6-03
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>3</documentType>
<periodOfReport>2003-06-06</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001000209</issuerCik>
        <issuerName>MEDALLION FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>TAXI</issuerTradingSymbol></issuer>
<reportingOwner>
<reportingOwnerId>
            <rptOwnerCik>0001185920</rptOwnerCik>
            <rptOwnerName>WEICKER LOWELL P JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector>
<isOfficer>0</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle></officerTitle>
<otherText></otherText></reportingOwnerRelationship></reportingOwner>
<derivativeSecurity>
<securityTitle>
<value>Common Stock, right to buy</value></securityTitle>
<conversionOrExercisePrice>
<value>6.50</value></conversionOrExercisePrice>
<exerciseDate>
<value>1988-08-08</value>
<footnoteId id="F1"/></exerciseDate>
<expirationDate>
<value>2008-06-06</value></expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value>Common Stock</value></underlyingSecurityTitle>
<underlyingSecurityShares>
<value>3750</value></underlyingSecurityShares></underlyingSecurity>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value></directOrIndirectOwnership>
<natureOfOwnership>
<value></value></natureOfOwnership></ownershipNature></derivativeSecurity>
<footnotes>
<footnote id="F1">One-third of the options vest on each of the first, second, and third anniversaries of the date of grant.</footnote></footnotes>
<ownerSignature>
<signatureName>Michael C. Carroll (attorney-in-fact)</signatureName>
<signatureDate>2003-06-10</signatureDate></ownerSignature></ownershipDocument>


</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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