BranchWatch

Redemption Bank

Headquartered in Salt Lake City, UT. Part of Redemption Holding Company. FDIC certificate #21448 · Federal Reserve RSSD 617275.

Total assets
$72M
Deposits
$57M
Q1 2026
Active branches
1
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$-219K
Return on assets
-1.22%
Return on equity
-6.26%
Noncurrent loan rate
1.20%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Other network changes since 2020

  • August 11, 2025: legal name changed from “Holladay Bank & Trust” to “Redemption Bank”

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.redemptionbank.com.