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Black investors unveil first-of-its-kind deal for Utah community bank

A group including Dr. Bernice King, Martin Luther King Jr.'s daughter, and former SBA Regional Administrator Ashley Bell says the deal struck Tuesday to acquire Holladay Bank & Trust in Utah marks the first time Black investors have acquired a non-Black bank.

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Data: Nearly 80% of Black Entrepreneurs Believe They Run Thriving Businesses, Yet Gaining Access to Capital Still a Hurdle

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