Redemption Holding Company acquired the institution formerly known as Holladay Bank & Trust in June 2025. Its public announcement describes an effort to broaden access to capital.
The holding company and Redemption Bank at FDIC certificate 21448 are separate entities; announced investor funding is not automatically the bank’s paid-in capital.
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The former Holladay Bank & Trust became Redemption Bank after a 2025 acquisition led by Redemption Holding Company. The new owners’ inclusion ambitions sit alongside an existing local deposit franchise and a modest, property-heavy loan book.
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