Redemption Bank becomes the first Black-owned bank in the Rockies
Read full article: Redemption Bank becomes the first Black-owned bank in the RockiesRedemption Holding Company has just acquired the Utah-based Holladay Bank & Trust, becoming the first bank to be owned by a Black-led investment group in the Western U.S. This comes two years after their initial announcement, in which the purchase was delayed due to the collapse of Silicon Valley Bank.