GREENVILLE, South Carolina — March 3, 2026
Executive Summary
Regional Management Corp. (NYSE: RM), a diversified consumer finance company operating under the name Regional Finance, has announced a new lending partnership with Column N.A., a nationally chartered bank that provides regulated banking infrastructure for companies building financial products. The collaboration establishes Column as a bank partner for Regional’s secured and unsecured installment lending products in select states across the United States.
According to the company, the partnership launched during the week of March 3, 2026 and is intended to support Regional Management’s ongoing growth initiatives while enabling the company to pursue entry into additional markets and expand its consumer lending offerings over time. Column will provide banking infrastructure and balance sheet capabilities that support the operational framework of Regional’s lending products.
Regional Management stated that the partnership reflects its continued focus on expanding accessible installment loan products for consumers, particularly those who may have limited access to traditional credit sources. Column’s infrastructure platform, which connects directly to the Federal Reserve System, will support lending programs delivered through Regional’s multi-channel distribution network across the United States.
Announcement Overview
Regional Management Corp. announced the formation of a new lending partnership with Column N.A., a nationally chartered bank that provides financial infrastructure services for companies developing modern financial products. The collaboration designates Column as a bank partner supporting Regional’s secured and unsecured installment lending programs in select states.
Regional Management operates as a diversified consumer finance company focused on providing installment loan products to consumers across the United States. The company distributes these products under the Regional Finance brand through both online platforms and branch locations operating in 19 states.
Under the terms of the partnership, Column will serve as a regulated banking partner supporting Regional’s installment lending products. These lending programs include both secured and unsecured installment loans structured with fixed rates and defined repayment terms.
According to the company, the partnership began operations during the week of March 3, 2026. The collaboration is intended to support Regional Management’s continued expansion while strengthening its ability to enter new markets and develop additional consumer lending products.
Regional Management stated that the partnership aligns with its broader strategy of expanding access to installment lending solutions while maintaining operational infrastructure capable of supporting its growth across multiple states.
Key Announcement Details
- Announcement Type: Strategic lending partnership
- Companies Involved: Regional Management Corp. (NYSE: RM) and Column N.A., a nationally chartered bank
- Operating Brand: Regional Management Corp. operates under the consumer finance brand “Regional Finance.”
- Partnership Launch: The lending partnership launched during the week of March 3, 2026
- Banking Role: Column N.A. will serve as a bank partner supporting Regional Management’s lending programs
- Products Covered: Secured and unsecured installment lending products
- Geographic Scope: Lending programs supported by the partnership will operate in select states within Regional’s operating footprint
- Regional Management Operating Presence: Regional Finance operates online and through branch locations across 19 U.S. states
- Customer Segment: Consumers seeking installment loan products, particularly those with limited access to traditional consumer credit sources such as banks, thrifts, credit card companies, and other lenders
- Loan Structure:
- Fixed-rate installment loans
- Fixed-term repayment schedules
- Fully amortizing equal monthly installment payments
- Loans may be repaid at any time without penalty
- Loan Origination Channels: Regional Management sources loans through a multi-channel distribution platform, including:
- Branch locations
- Centrally managed direct mail campaigns
- Digital partners
- The company’s consumer website
- Strategic Objectives of the Partnership:
- Support Regional Management’s continued growth
- Enable entry into new markets
- Expand the company’s product offerings over time
- Improve product and operational uniformity across states
- Expand customer reach
- Infrastructure Contribution by Column:
- Purpose-built banking infrastructure
- Regulated banking platform
- Balance sheet support for lending programs
- Regulatory Status of Column:
- Nationally chartered bank
- Member FDIC
- Direct participant in the Federal Reserve System
- Financial Infrastructure Capabilities: Column supports financial services companies across:
- Lending infrastructure
- Payments operations
- Deposit operations
- Technology Architecture: Column operates with a custom-built banking core, ledger system, and data model
- Founding Details: Column was founded in 2019 by Plaid co-founder William Hockey
- Fintech Infrastructure Clients: Column provides infrastructure used by fintech companies including Brex, Bilt, Wise, and Mercury
- Lending Infrastructure Capabilities: Column enables:
- API-based loan origination partnerships
- Balance sheet deployment for lenders through debt financing and loan purchases
- Corporate Milestone: Regional Management stated that the partnership represents a milestone in the company’s strategic evolution and commitment to expanding accessible financial solutions for customers nationwide
Strategic Context
Regional Management Corp. provides installment loan products designed to offer consumers structured borrowing options with defined repayment schedules. According to the company, most of its loans are structured on a fixed-rate, fixed-term basis with equal monthly installment payments that amortize the balance over the life of the loan.
The company operates under the Regional Finance brand through both digital platforms and physical branches across 19 states in the United States. Regional Management sources loans through a multi-channel platform that includes branch locations, centrally managed direct mail campaigns, partnerships with digital platforms, and its consumer website.
The partnership with Column N.A. introduces a regulated banking partner into the operational framework supporting these lending products. Column will provide banking infrastructure that supports the issuance and management of installment lending programs in select states.
Column operates as a nationally chartered bank and is a direct participant in the Federal Reserve System. According to the company, its platform provides infrastructure designed to support lending, payments, and deposit operations for financial services companies and fintech providers.
Regional Management stated that the collaboration with Column will support its ability to maintain operational consistency across states while pursuing expansion into additional markets and expanding the range of lending products offered to consumers.
Leadership Statements
Executives from both organizations provided statements regarding the partnership and its role in supporting the companies’ respective operations.
“As we continue to grow our business and serve our customers’ varied financial needs, we are excited to enter into this strategic partnership with Column,” said Lakhbir S. Lamba, President and Chief Executive Officer at Regional Management Corp. “Column’s modern banking infrastructure and commitment to innovation will provide meaningful strategic benefits, including faster entry into new markets, the ability to broaden our product set, greater product and operational uniformity across states, and the opportunity to expand our customer reach. We view this partnership as a wonderful opportunity to support our long-term growth and profitability.”
Column executives also commented on the partnership and its alignment with the bank’s infrastructure model for financial services companies.
“Regional has a long track record of providing its customers with valuable financial products and a best-in-class experience,” said Brian Fishbein, Chief Investment Officer at Column N.A. “Regional’s disciplined underwriting, well-established and growing market presence, and strategic approach to building this relationship make it an ideal partner for Column’s scalable banking infrastructure.”
Banking Infrastructure and Lending Operations
Column N.A. provides regulated banking infrastructure designed to support financial services companies and fintech platforms that develop modern financial products. The bank operates a custom-built technology stack that includes its own banking core, ledger system, and data architecture.
According to Column, this infrastructure enables companies to launch and operate financial services products through a regulated banking framework. The bank’s platform supports services related to lending, payments, and deposit operations.
Column is a nationally chartered bank and a member of the Federal Deposit Insurance Corporation (FDIC). The institution also maintains direct connectivity to the Federal Reserve System, allowing it to participate directly in payment networks and banking operations.
The bank’s infrastructure is used by financial services companies building digital financial products, including lending and payments platforms. Column also deploys its balance sheet to support lending programs through mechanisms such as debt financing and loan purchase arrangements.
Regional Management indicated that integrating Column’s infrastructure into its lending operations will support its ability to expand installment lending programs while maintaining consistent operational capabilities across multiple states.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but instead represent Regional Management Corp.’s expectations or beliefs regarding future events.
Forward-looking statements may include statements regarding financial outlooks, strategic plans, objectives, projections, and operational initiatives. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “plans,” “projects,” “believes,” “estimates,” and similar expressions are commonly used to identify forward-looking statements.
These statements involve risks and uncertainties, many of which are outside the control of Regional Management. As a result, actual results may differ materially from those described in the forward-looking statements. Investors are advised not to place undue reliance on forward-looking statements.
Additional information regarding factors that may affect future results is included in Regional Management Corp.’s filings with the U.S. Securities and Exchange Commission. The company stated that it does not undertake an obligation to update forward-looking statements except as required by law.
About Regional Management Corp.
Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that provides installment loan products primarily to consumers who may have limited access to traditional sources of consumer credit, including banks, thrifts, credit card companies, and other lenders.
The company operates under the Regional Finance brand and distributes its lending products through branch locations and online channels across 19 states in the United States. Most of the company’s loan products are secured and are structured with fixed interest rates, fixed repayment terms, and fully amortizing equal monthly installment payments.
Borrowers may repay their loans at any time without penalty. Regional Management sources loans through multiple distribution channels including branch offices, centrally managed direct mail campaigns, partnerships with digital platforms, and the company’s consumer website.
Additional information about Regional Management Corp. is available at www.regionalmanagement.com.
About Column N.A.
Column N.A., Member FDIC, is a nationally chartered bank that provides regulated financial infrastructure for companies developing financial services products. The company was founded in 2019 by Plaid co-founder William Hockey.
Column’s banking platform includes a custom-built banking core, ledger system, and data architecture designed to support modern financial products. The bank connects directly to the Federal Reserve System, enabling payment processing and banking operations through regulated infrastructure.
Column provides services related to payments, accounts, and lending infrastructure. The platform supports companies launching lending and credit products through API-based integrations and programmatic frameworks.
The bank also deploys its balance sheet to support lending programs through debt financing and loan purchases. Column’s infrastructure supports financial services companies and fintech platforms operating across the financial technology ecosystem.
Additional information is available at column.com.
Media Contact
For additional information, visit regionalmanagement.com/overview/default.aspx & column.com.
Source Attribution
Source: Company announcement