Latest news with #MikeRing
Yahoo
16-05-2025
- Business
- Yahoo
Old Glory Bank Surpasses $200 Million in Customer Deposits, Reaffirming Its Role as America's Freedom Economy Bank
"Thank you to our freedom loving customers and to our passionate team members for helping us achieve this unprecedented growth." - Mike Ring, CEO ELMORE CITY, Okla., May 16, 2025--(BUSINESS WIRE)--Old Glory Bank, the unapologetically pro-faith, pro-America, and pro-family financial institution, proudly announces it has surpassed $200 million in customer deposits - a remarkable milestone achieved in 25 months, underscoring the power of Americans supporting Main Street, not Wall Street. Since launching in April 2023 with about $10 million in customer deposits, Old Glory Bank has now grown to over $200 million in customer deposits. This unprecedented growth for a community bank is fueled by patriotic Americans seeking a financial institution that shares and defends their beliefs. Customers from all 50 states have moved their money to a bank that honors the Constitution, refuses to deplatform or cancel customers for their beliefs, and guarantees that your money will never be used to fund radical agendas. "We didn't set out to be the biggest bank - just the most principled," said John Rich, country music artist and co-founder of Old Glory Bank. "But the response has been overwhelming. Americans are hungry for a bank that respects their freedoms, and we're proud to be that bank." With no reliance on ESG scores, no DEI mandates, and no woke screening of transactions, Old Glory Bank stands firm on three core promises: Privacy, Security, and Liberty. Unlike big banks that have targeted customers for their political or religious beliefs, Old Glory Bank was built to protect them. "Crossing $200 million in customer deposits is not just a number - it's a message to Wall Street and the powerful elites," said Mike Ring, President and CEO. "Americans are done funding their own demise. They're eager to do business with people who respect them and the Constitution." Old Glory Bank's rapid deposit growth has been powered by consumer accounts plus a surge in small businesses, nonprofits, and faith-based organizations switching to a bank that won't compromise their values. Old Glory Bank offers full-service personal and business banking, and recently launched its Mini-IPO at inviting customers to become owners of the movement they're helping build. "This isn't just about banking. It's about reclaiming American institutions," said Board Member Sean Spicer. "Old Glory Bank is proving that freedom remains the foundation of capitalism and taking care of our own community." To learn more, open an account, or invest in the future of freedom-based banking, visit About Old Glory Bank Old Glory Bank is an FDIC-insured bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea. Old Glory Bank is committed to protecting the Privacy, Security, and Liberty of all Americans and serving those who feel marginalized for believing in the greatness of our country. Old Glory Bank was co-founded by some of the leading voices representing freedom and patriotism, including former Secretary of Housing and Urban Development, Dr. Ben Carson; Radio and Television Personality Larry Elder; country music superstar, TV host, and entrepreneur John Rich; and former two-term Governor of Oklahoma, Mary Fallin-Christensen. Mr. Sean Spicer serves on the Board of Directors of Old Glory Bank. Visit We Stand with You. Member FDIC. Equal Housing Lender. More information about Old Glory Bank is available by contacting media@ Follow us on our social media accounts.X: @oldglorybank, Facebook: Old Glory Bank, Instagram: @oldglorybank, Truth: @oldglorybank, Rumble: @oldglorybank, LinkedIn: Old Glory Bank, View source version on Contacts media@
Business Wire
16-05-2025
- Business
- Business Wire
Old Glory Bank Surpasses $200 Million in Customer Deposits, Reaffirming Its Role as America's Freedom Economy Bank
ELMORE CITY, Okla.--(BUSINESS WIRE)--Old Glory Bank, the unapologetically pro-faith, pro-America, and pro-family financial institution, proudly announces it has surpassed $200 million in customer deposits - a remarkable milestone achieved in 25 months, underscoring the power of Americans supporting Main Street, not Wall Street. Since launching in April 2023 with about $10 million in customer deposits, Old Glory Bank has now grown to over $200 million in customer deposits. This unprecedented growth for a community bank is fueled by patriotic Americans seeking a financial institution that shares and defends their beliefs. Customers from all 50 states have moved their money to a bank that honors the Constitution, refuses to deplatform or cancel customers for their beliefs, and guarantees that your money will never be used to fund radical agendas. 'We didn't set out to be the biggest bank - just the most principled,' said John Rich, country music artist and co-founder of Old Glory Bank. 'But the response has been overwhelming. Americans are hungry for a bank that respects their freedoms, and we're proud to be that bank.' With no reliance on ESG scores, no DEI mandates, and no woke screening of transactions, Old Glory Bank stands firm on three core promises: Privacy, Security, and Liberty. Unlike big banks that have targeted customers for their political or religious beliefs, Old Glory Bank was built to protect them. 'Crossing $200 million in customer deposits is not just a number - it's a message to Wall Street and the powerful elites,' said Mike Ring, President and CEO. 'Americans are done funding their own demise. They're eager to do business with people who respect them and the Constitution.' Old Glory Bank's rapid deposit growth has been powered by consumer accounts plus a surge in small businesses, nonprofits, and faith-based organizations switching to a bank that won't compromise their values. Old Glory Bank offers full-service personal and business banking, and recently launched its Mini-IPO at inviting customers to become owners of the movement they're helping build. 'This isn't just about banking. It's about reclaiming American institutions,' said Board Member Sean Spicer. 'Old Glory Bank is proving that freedom remains the foundation of capitalism and taking care of our own community.' To learn more, open an account, or invest in the future of freedom-based banking, visit About Old Glory Bank Old Glory Bank is an FDIC-insured bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea. Old Glory Bank is committed to protecting the Privacy, Security, and Liberty of all Americans and serving those who feel marginalized for believing in the greatness of our country. Old Glory Bank was co-founded by some of the leading voices representing freedom and patriotism, including former Secretary of Housing and Urban Development, Dr. Ben Carson; Radio and Television Personality Larry Elder; country music superstar, TV host, and entrepreneur John Rich; and former two-term Governor of Oklahoma, Mary Fallin-Christensen. Mr. Sean Spicer serves on the Board of Directors of Old Glory Bank. Visit We Stand with You. Member FDIC. Equal Housing Lender. More information about Old Glory Bank is available by contacting media@
Associated Press
29-01-2025
- Business
- Associated Press
Old Glory Bank Announces Digital Assets can now be used to purchase Mini-IPO Shares
Old Glory Bank, America's favorite freedom economy bank, has added digital assets to its INVEST NOW portal as a payment option for its freely tradable shares at This move reflects Old Glory Bank's commitment to making investing more accessible to Americans who believe in PSL – Privacy, Security, Liberty. The addition of a Crypto solution affirms President Trump's support for Digital Assets and assures a bridge between traditional payment methods and the rapidly growing world of digital assets. By enabling cryptocurrency transactions for equity purchases, Old Glory Bank is offering investors a seamless and secure way to diversify their portfolios while leveraging the convenience of Bitcoin, Ethereum, Bitcoin Cash, Doge, Litecoin, and more. Key Highlights of Old Glory Bank Mini-IPO: Digital Asset Integration: Investors can now make purchases using major cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Doge, Litecoin, and more. Class B Voting Shares: Old Glory Holding Company, the bank holding company of Old Glory Bank, is offering only 5 million freely tradeable Class B Voting Common shares, at $7.00 per share. The minimum investment is $63 (inspired by Deuteronomy 6:3), and there are certain rules on the maximum number of shares you may purchase. Regulatory Compliance: An investment in shares of our Class B common stock offered under Regulation A is subject to significant risks, including the risk of complete loss of your investment. You should only invest as much as you are willing, and can afford, to lose, and only after you have read and understood the offering documents on our page at 'Old Glory Bank has always been at the forefront of financial innovation for the freedom-economy, and today we're taking a significant leap forward by integrating digital assets into our capital-raising process,' said Mike Ring, CEO of Old Glory Bank. 'This initiative not only opens the door to a broader base of investors but also supports President Trump's strengthening American leadership in Digital Financial Technology.' Since Old Glory Bank began offering online accounts in April 2023, they have added tens of thousands of customers across all 50 states and have grown customer deposits from about $10 million to over $175 million in these 21 months. 'Our mission statement is the US Constitution, and we quickly restored banking freedom to all of America,' said Ring. Old Glory Bank became the community bank for all of America by offering personal accounts, business accounts, Old Glory Pay (OGB's cancel-proof, closed loop payment solution), debit cards, credit cards, home loans, business loans, free overdraft protection, charitable round-ups, and Old Glory Cash-IN, where customers can easily deposit cash into their OGB account at over 88,000 retail stores. Terms and conditions apply to these products and features. Investments are not a deposit, are not FDIC-insured, are not guaranteed, are subject to risk, and may lose value. About Old Glory Bank Old Glory Bank is an FDIC-insured bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea. Old Glory Bank is committed to protecting the Privacy, Security, and Liberty of all Americans and serving those who feel marginalized for believing in the greatness of our country. Old Glory Bank was co-founded by some of the leading voices representing freedom and patriotism, including former Secretary of Housing and Urban Development, Dr. Ben Carson; Radio and Television Host Larry Elder; country music superstar, TV host, entrepreneur, and songwriter, John Rich; and former two-term Governor of Oklahoma, Mary Fallin-Christensen. Visit We Stand with You. Member FDIC. Follow us on our social media accounts. SOURCE: Old Glory Bank Copyright Business Wire 2025. PUB: 01/29/2025 12:19 PM/DISC: 01/29/2025 12:20 PM
