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 ...

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 ...

SALT LAKE CITY (KSL) — Black investors are making history in the Beehive State with plans to open the state’s first and the Mountain West’s only Black-owned bank. Redemption Holding Company ...

A Black-owned investment group, Redemption Holding Company (RCH) will purchase the Utah-based bank. The outlet also points out that the US had 50 Black-owned banks in 1976. In 2022, just 16 Black ...

Bell noted that the new bank would initially emphasize providing for its Utah customer base ... buyers” and be a resource for small business owners nationwide. The statement said that along ...