🏦Black history in the banking space is currently being made in the Rocky Mountains, led by Spelman College alum, Dr. Bernice King, along with Ashley D. Bell, member of Iota Phi Theta Fraternity, Inc. -Black-led investment group, Redemption Holding Company group, recently finished their acquisition of Utah-based Holladay Bank & Trust, which will now be called Redemption Bank. bankredemption 📍An article release from apnews states : “The newly formed Redemption Bank will be the first Black-owned bank in U.S. history not physically located within an economically vulnerable community, the first in the Rockies, and the only one located in the Black-banking desert that stretches from Houston to Los Angeles. “ -Redemption Bank is set to launch their digital platform by the end of this summer and will be headquartered in Salt Lake City, Utah bankredemption . This is also said to be the 24th Black owned bank in the country. . . . . #hbcu #historicallyblacksince #blackexcellence #blackhi...