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Thank You, Owners of Old Glory Bank
Over 6,000 of you joined us as investors since this offering began in December 2024.
Old Glory Bank's Reg A Investment Opportunity is now closed.
Stay tuned for exciting updates coming soon!
We're making banking history.
From the day we opened our first online account in April 2023, we have been fighting for the freedoms Americans deserve: freedom from debanking, freedom from government overreach, and freedom from privacy invasion.
With our eyes on the future of finance, Old Glory Bank is focused on the next generation of banking to properly unite banking and crypto.
US Dollars. Cryptocurrency. Stablecoin.
Americans want the freedom of choice in their bank.
They want the freedoms of a decentralized financial (DeFi) platform.
Old Glory Bank fortifies that freedom.
Our mission is to protect the Privacy, Security, and Liberty of our fellow citizens. The unification of traditional banking with cryptocurrency is the culmination of that mission, securing the financial liberty of Americans – empowering patriots to spend, save, and invest through the channel they choose.
We believe Old Glory Bank will be the first bank to easily link your crypto, stablecoins, and self-custodial wallet into a single dashboard, combined with your OGB Accounts. Once linked, you can easily “on-ramp” and “off-ramp” US Dollars (fiat) with popular crypto coins, creating a seamless experience to spend fiat and crypto every day.
Old Glory Bank customers will be able to use our new stablecoin, OGBUSD, for payments and remittances around the world. Recipients can hold it, spend it, exchange it for U.S. dollars at Old Glory Bank, or convert it on any exchange supporting ERC-20 standard tokens.
Under the GENIUS Act, OGBUSD will be backed by US Dollars, 1 to 1, so you will always know the value and buying power.

Fighting for PSL. Fighting for America
Under the guise of Operation Chokepoint, Federal agencies, including the DOJ and bank regulators, warned financial institutions that servicing certain industries – like payday lenders, firearms dealers, coin shops, and later, cryptocurrency firms – could expose them to “reputational risk.” This vague term became a powerful tool, effectively coercing banks to drop clients without due process.
Thus began the wave of "debanking," in which legitimate businesses and law-abiding individuals lost access to essential financial services.
As this wave grew, Old Glory Bank's co-founders were already at work, building a bank on the promise that no law-abiding citizen or legally operating company would be canceled as a result of political ideology or social pressure, and that the privacy of both would be protected from snooping government eyes. We call it PSL - Privacy, Security, Liberty. Americans have a right to all three, and it became the summary of our mission.
Today, Operation Chokepoint is supposedly officially discontinued, yet evidence shows that the intent persists. Now dubbed Operation Chokepoint 2.0, crypto has become one of the most significant targets.
President Trump's executive orders have been important steps in the battle against debanking and the empowering of American individuals and businesses in the crypto space, but the war isn't over.
The same banks, and their same executive leadership, that bowed easily to the government pressure that spawned debanking are being forced to do what's right. What holds those banks accountable under future administrations that aren't willing to take as strong a stance for fairness?
Old Glory Bank has been on the right side of banking from the beginning. We didn't need an executive order to tell us how to play fair, and our colors won't change with the trends and administrations. We are proudly, boldly, Red, White, and Blue. We stand with you.
Sources:
Executive Order, January 23, 2025: Strengthening American Leadership in Digital Financial Technology
Executive Order, August 7, 2025: Guaranteeing Fair Banking for All Americans
Report: DOJ’s Operation Choke Point Secretly Pressured Banks to Cut Ties with Legal Business
Understanding Operation Chokepoint and Its Impact on Crypto
Operation ChokePoint: A Historical and Ongoing Examination of Regulatory Influence on Financial Institutions
“Operation Chokepoint 2.0”: De-Banking Policies and the Adverse Use of Reputational Risk in Bank Supervision
SBA Orders Lenders to End Practice of Debanking
Digital-First Financial Institutions
What Old Glory Bank has done is hard - building an online, 50-state bank, with just one physical branch - growing it to over 78,000 customers in two years.
Some even told us it was impossible. Quoting our President and CEO, Mike Ring, from his testimony before the Senate Committee on Debanking in February 2025, "In the last two years, 229 banks closed. ...Only eight were started. We've lost 73% of our banks in the last 40 years."
Because of this, Old Glory Bank's growth can only be compared to a few other players who have dared to try the same thing - to start a digital-first bank in America. None have come close to the success and growth we've had with less money, with less people, and with fewer losses, all while driving innovation for the next generation of banking.
Our closest competitor, Varo Bank, has lower deposits to date, with quadruple the number of employees, and 100x the investment prior to launch.
Old Glory Bank
Launched Online
April 2023
Years to Reach Profitability:
4 (Projected)
Current Deposits:
$225mm
Full-Time Employees:
85
Products:
Personal and Business Banking
Consumer and Business Lending
Home Loans, including VA
2-3 Day Early Direct Deposits
Savings Goals and Account Aggregator in App
Cash-IN – cash deposits at 88,000 retail stores
Charitable Round-Up
Old Glory Protect – $100,000 Line of Duty Death Benefit for Protectors
Old Glory Alliance Crowdfunding
Old Glory Pay – Proprietary, private peer-to-peer payment app
Start-Up Negative Earnings:
Year 1 (2023) = $12.5 mm Negative Earnings (8 months of accounts)
Year 2 (2024) = $12.9mm Negative Earnings (full year)
Year 3 (2025) = $9-10mm Projected Negative Earnings
Year 4 (2026) = Projected Profitable
Spent $4mm prior to launching
Varo Bank
Launched Online
2021
Years to Reach Profitability:
Unknown
Current Deposits:
$161mm as of June 2025
Full-time Employees:
372 (lower deposits, 4x employees)
Products:
Personal Checking and Savings
No Business Banking
No Business Lending
No Home Loans
No Savings Goals or Account Aggregator
No charitable giving with debit purchase
No protection for Protectors
No crowdfunding
No proprietary payment app
Start-Up Negative Earnings:
Year 1 (2021) = $265mm Negative Earnings
Year 2 (2022) = $236mm Negative Earnings
Year 3 (2023) = $105mm Negative Earnings
Year 4 (2024) = $65mm Negative Earnings
Year 5 (2025) = $91mm Negative Earnings Run-Rate
Spent $400mm prior to launching
Where we started. Where we're going.
We're the bank that started on Main Street, now owned by Main Street, not Wall Street.
We offer a suite of banking services that includes:
- Full-service checking and savings accounts for individuals, businesses, and political campaigns
- Premium customer service from real people on American soil
- Home loans and commercial lending
- 40K ATM locations and 88K cash deposit locations
- 2-3 Day Early Access to Direct Deposits
- Crowdfunding
- 24/7 online banking
With our solid foundation in traditional banking, and our values rooted in family, faith, and freedom, we are now constructing our next generation of banking services through cryptocurrency and stablecoin. Americans will have their choice of traditional cash accounts and crypto accounts in one dashboard. Join our mission by investing in our Regulation A Offering.
We literally began on Main Street.
In Elmore City, Oklahoma, our roots began in 1903, when First State Bank of Elmore City was established. In 1907, we became the first chartered bank in the state. In 2022, we became Old Glory Bank.
From 600 accounts to over 78,000.
In 2022, we stepped out with a new name and a new mission: Old Glory Bank. The bank for patriotic Americans who believe in freedom, faith, family, and the flag.
Within 2 years, we multiplied our account base by 100-fold, with customers in all 50 states.
Growing deposits by 2000%.
Up until launching our online accounts in the late Spring of 2023, our bank's deposits totaled approximately $10 million. Today, our deposits exceed $225 million and continue to grow month over month.
According to a report by McKinsey and Company, average total deposit balances across US banks declined in 2022 and 2023, and only began growing at a rate of approximately 4% in 2024. Old Glory Bank's growth has exceeded 2,000%!
Business Banking is soaring.
We launched our Business Banking accounts in October 2023. Since then, we have opened more than 3,200 accounts. Giving personal attention to each and every customer, our business team continues to open new relationships daily.
Our Business Banking services include innovative cash solutions, ACH and wire dashboards, business insights for forecasting and industry benchmarking, Positive Pay, and business lending to help companies of all sizes reach their next level.
Our Co-Founders & Board
Old Glory Bank was founded by these devoted patriots, along with a team of experienced bankers and business leaders.
John Rich - Country Music Singer/Songwriter and Entrepreneur.
Dr. Ben Carson - Chairman of the American Cornerstone Institute and former Secretary of Housing and Urban Development.
Larry Elder - Political Commentator and Author, Radio, and Television Host, and former gubernatorial and presidential candidate.
Sean Spicer - Mr. Spicer joined our Executive Board in March 2025. He is an accomplished American Political Aide and Television Host, and former White House Press Secretary and White House Communications Director under President Donald Trump.
Our Leadership and our Team bring additional expertise from financial industries, military service, law enforcement, and the FDIC.
We are excited about your interest in becoming an owner of Old Glory Bank.
If you encounter any error with the Invest Now process when trying to make your investment, please see this article for some helpful information. If your trouble persists, kindly submit this form so that we may assist with resolving the issue.
The views expressed here regarding political, cultural, or social issues reflect the opinions and values of Old Glory Bank, its founders, and leadership team. These statements are intended to communicate our mission, philosophy, and perspectives and are not part of, nor should be construed as investment advice. Only the SEC-qualified Offering Circular contains the official terms of the securities offering referenced.
Investments in private placements, start-up investments in particular, are speculative and involve a high degree of risk. Investors must be able to afford the loss of their entire investment. Offers to sell, or the solicitations of offers to buy any security can be made only through official offering documents that contain important information about risks, fees, and expenses associated with the applicable securities. Investors should conduct their own due diligence, not rely on the financial assumptions or statements displayed herein, and are encouraged to consult with a financial advisor, attorney, accountant, tax advisors, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Past performance does not indicate future results. There is no guarantee that a diversified portfolio will enhance overall returns, outperform a non-diversified portfolio, or prevent against loss.
Forward-Looking Statement Disclaimer: This communication may contain forward-looking statements based on current expectations. Actual outcomes may differ materially due to various risks and uncertainties.
Old Glory Bank® and its family of associated trademarks are the property of Old Glory Intellectual Property Holdings, LLC.
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