Martin Luther King Jr.’s daughter assists in launching Utah’s first Black-owned bank
New Bank Opens in Utah, Carrying Forward a Legacy HOLLADAY, Utah — The daughter of Martin Luther King Jr. has taken a significant step in promoting economic justice by helping launch Utah’s first Black-owned bank. This initiative marks a historic moment as it’s also the first Black-owned bank in the western United States. Redemption Bank […]
How a small Utah bank won over customers for 50 years while becoming the West’s first Black-owned bank
Modern Banking and Local Heritage In a world where mobile banking is the norm, many young individuals have little experience with traditional bank branches. “Once a quarter, my mom takes me to the Holiday Bank for things like ordering new checks,” Amott, a former executive at PreSavation Utah, recalled in an email. “I didn’t mind […]
Significant purchase of Utah institution creates the first Black-owned bank in the Rockies
Redemption Bank Acquisition: A Milestone for Black Ownership The acquisition of Holladay Bank and Trust establishes the first black-owned bank in the Mountain West region. Support for the deal comes from a group of Utah investors, including Bernice King and Colin Sexton. Bernice King believes the new Redemption Bank will fulfill her father’s vision of […]
Redemption Bank is now the first Black-owned bank in the Rocky Mountains
Redemption Holding Acquires Holladay Bank & Trust Redemption Holding Co. has finalized its acquisition of Holladay Bank & Trust in Utah, marking a significant milestone as it becomes the first bank in the US West owned by an investment group led by Black individuals. This new banking institution is notable for being the first Black-owned […]
Black-owned brands warn Target boycott over DEI could hurt their businesses
The left -wing activists are seeking boycots at the target store after the retailers have greatly reduced their diversity, fairness, and comprehensive policies, but the brand owned by blacks has retreated and moved. Warns that there is a possibility that the business can be damaged. The discount chain based in Minneapolis has been Xui Policy […]