CHARLOTTE, N.C. (WBTV) – A new Black bank will soon open for business. The name of the new bank is called Redemption Bank.
It will be the 24th Black Financial Institution in the United States and the first in the west. The bank will be headquartered in Salt Lake City, Utah. Despite the fact the new bank is on the West Coast – it will have local ties.
Lenny Springs has been tapped to be the Vice Chair of the Board. Springs has nearly 30 years of experience in the Charlotte banking industry. He has served on bank boards before and was approached to use his talents to help bring economic equality to businesses…