INTRODUCING REDEMPTION
A National Holding Company to Support MDIs Across the Country
Redemption Holding Company (RHC) is led by former White House Policy Advisor and Small Business Administration Regional Administrator, Ashley D. Bell, with early-stage support by Dr. Bernice A. King– the daughter of the late Dr. Martin Luther King, Jr. and Coretta Scott King.
RHC is a Black-owned holding company that is currently acquiring a non-Minority Depository Institution in the Rockies Region in order to expand access to capital for people of color. Once it receives regulatory approval and the acquisition is completed, RHC is expected to become the only Black-Owned MDI headquartered west of Texas. Redemption Holding Company is located in business-friendly Holladay, Utah (Salt Lake City Area).
RHC is launching a fully tech-enabled, concierge platform in partnership with other MDIs and a major mortgage lending platform.
RHC aims to leverage technology to create a full-service banking platform for its customers, offering a full range of banking services for relationship-oriented consumers and business owners.