National Marine Lenders Association

We make boating affordable!




I am truly honored to have been elected by the NMLA Board of Directors to serve as your President for the coming year and look forward to the opportunities ahead. A special thank you to NMLA's Immediate Past President, Dennis Poer (Bank OZK) for his service to the association over the past two years, and to all of the board members, staff, and sponsors who help make everything we do possible.  

2019 marks the 40th Anniversary of the NMLA. We are extremely proud of the work we have done as an association in making marine financing widely available throughout the United States, and thank everyone who has helped us continue to grow and serve the boating community. 

Next on our schedule is the Marine Lenders Workshop in Savannah, GA March 3-5, 2019. For those of you who have not previously attended this valuable day-and-a-half program (or prior attendees interested in refreshing their skills), we hope you will join us in March. All of the information can be found by clicking the "MARINE LENDING WORKSHOP" link at the bottom of this page. 

Thank you for supporting the National Marine Lenders Association.  Best wishes for a HAPPY and PROSPEROUS 2019. 

John Haymond, President




PRESIDENT - John Haymond, Medallion Bank

VICE PRESIDENT - Robert P. Dunford, Trident Funding LLC

SECRETARY - Jackie Forese, Forest Green Associates

TREASURER.- William Otto, Lake Effect Financial Services



Welcome to the National Marine Lenders Association

The National Marine Lenders Association (NMLA) was formed in 1979 by founding directors Bill Otto, Jackie Forese, and the late Don Mattocks. It was created, and continues today, to educate current and prospective lenders in marine financing procedures, promote the extension of credit to consumer and trade borrowers, maintain alliances with industry partners, measure and report on the vitality of the marine lending market, and actively maintain networking and communication benefits for its members.

The National Marine Lenders Association is made up of banks, loan origination companies (service companies), finance companies, credit unions and other industry professionals. For visitors to this website in search of financing options, please select the FOR BOAT BUYERS tab at the top of this screen. If you are involved in marine lending and interested in becoming a member of the NMLA, please select the JOIN THE NMLA tab for additional information and an application. 

Thank you for visiting this website. For additional information, please feel free to contact us at (410) 980-1401 or via email at



First Commonwealth Bank


All of our sponsor companies - banks, financial services providers, dealers, title and USCG documentation companies, marine surveyors, marine insurance companies, recovery/liquidators, maritime attorneys, and technology service providers, are involved in the marine industry. So, whether you are a current NMLA member, an industry affiliate, a boat dealer/broker, or a boat buyer, NMLA sponsors are the businesses you should be working with. 

It is our pleasure to provide you with the contract information of our sponsor companies as well as a brief description of the services each one offersPlease visit our “SPONSOR LINKS” tab at the top of this webpage.