Dr. Bernice King, daughter of civil rights icon Dr. Martin Luther King Jr., is making history in the world of finance.

Bernice A. King will serve as Redemption Bank’s senior vice president for corporate strategy and on the company’s advisory board.

Bernice King is CEO of the Martin Luther King Jr. Center for Nonviolent Social Change, or the King Center, which was established by her mother in 1968, the year her father was assassinated. King ...