Redemption Holding Co. has completed its acquisition of Utah-based Holladay Bank & Trust, making it the first time a bank has been owned by a Black-led investment group in the Western U.S.

This year, the bank is celebrating 100 years. It's one of the oldest banks in the state and one of just 41 Black-owned banks in the nation.

The largest union-owned bank in the U.S. declared on Wednesday that it backs reparations for Black Americans, becoming the first major American bank to do so. Amalgamated Bank announced its ...

The first Black-led credit union in Minnesota secures first state charter in 23 years Arise Community Credit Union is based in north Minneapolis but still working out details for a branch location.