Redemption Holding Company is a Black-owned holding company focused on acquiring and supporting Minority Depository Institutions (MDIs) to enhance access to capital for people of color. With a tech-enabled, concierge banking platform, the company aims to provide full-service banking for consumers and business owners. It is set to become the only Black-Owned MDI headquartered west of Texas, located in Holladay, Utah.
Recent Transactions involving Redemption Holding Company
| Deal | Target | Platform | Buyer | Industry |
|---|---|---|---|---|
Black investor group Redemption Holding Company makes historic acquisition of a non-minority commercial bank |
Holladay Bank and Trust |
Redemption Holding Company |
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