A Black investor group announced last week that they agreed to purchase Utah-based Holladay Bank and Trust, a historic deal where an existing commercial bank would become a Black-owned Minority ...

Holladay will become the only Black-owned bank in the Mountain West region of ... Bell said the bank’s initial focus will be on serving its Utah customer base, but he said expansion is the ...

The central bank revoked the license of UT bank and approved a takeover of its assets and liabilities by state-owned GCB Bank. Since then, Prince Kofi Amoabeng has been a subject of police ...