
03/07/2025
A major financial milestone just hit the West!
Redemption Holding Co. has officially acquired Holladay Bank & Trust in Utah—making it the first Black-owned bank in the region and the first in U.S. history located outside an economically distressed community.
Now known as Redemption Bank, the institution joins a small but powerful list of Minority Depository Institutions, with leaders like Bernice A. King helping guide its mission.
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