Study: Black Banks Need to Close Tech Gap

Study: Black Banks Need to Close Tech Gap

A new Urban Institute Study cites the need for black depository institutions to boost their technology infrastructure. According to the report, closing the tech gap is necessary to ensure that those black banks and credit unions can expand their service offerings to...
RHC to Create Black-Owned Bank Through Acquisition

RHC to Create Black-Owned Bank Through Acquisition

In a press release this week, Redemption Holding Company (RHC), a black investor group, announced that it is acquiring Holladay Bank and Trust, a Utah commercial bank. According to the RHC statement, the purchase will be the first time that an existing commercial bank...