Finance

Two years after the initial announcement, Redemption Holding Company has closed its acquisition of Holladay Bank & Trust. The new bank will be headquartered in Salt Lake City.

Granite Credit Union y Finanzas Utah están intentando alcanzar a las grandes poblaciones hispanas e inmigrantes de Utah, que podrían desconfiar de las instituciones financieras debido a que los bancos cerraron en sus países de origen.

The two organizations are trying to reach Utah’s large Hispanic and immigrant populations, which may not trust financial institutions due to banks closing in their countries of origin.

Back when they rented, first-time homebuyer Erin Hardy and her husband estimate that a third of their income was spent on housing. She said their mortgage is almost double what they were paying in rent.

High interest rates and inflated house prices continue to prevent many Utahns from buying a home. But there’s a silver lining for renters with an eye for the long haul.

Environmental, social and governance is a business and investing philosophy that has captured the attention of Utah politicians from local cities all the way up to the governor and Congress.

A group of Black investors has announced the acquisition of Holladay Bank and Trust, a 49-year-old commercial bank in the suburbs of Salt Lake City.

With a suite of new laws and regulations, Wyoming as positioned itself as arguably the friendliest state for crypto companies. The result: crypto banks, exchanges and businesses that build crypto mining rigs are setting up in the least-populated state.

The latest Utah news for Wednesday morning, Feb. 9, 2022.

This story was originally published by ProPublica, a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive…