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Old Glory Bank Announces Mini-IPO of Old Glory Holding Company

ELMORE CITY, Okla., December 19, 2024 /BUSINESS WIRE/ --

Old Glory Bank announced today that every American now has a limited opportunity to become an owner of Old Glory Holding Company by purchasing Class B Voting Common Stock, as fully tradeable shares under Regulation A (Tier II).

During Old Glory Bank’s unprecedented growth in 2023 and 2024, they followed their vision of allowing freedom-loving Americans to join in their mission to ensure Old Glory Bank remained owned by Main Street, not Wall Street. In the spring of 2024, Old Glory Holding Company launched its first ownership opportunity to accredited investors under Rule 506(c) of Regulation D.

During that successful private offering, Old Glory Bank consistently heard from its customers and other members of the Old Glory Nation that they should not have to be “accredited” to be an owner of America’s freedom economy bank. Says Mike Ring, Co-Founder, President and CEO of Old Glory Bank, “We were quite surprised by the number of customers who contacted us, upset that they could not be an owner of Old Glory Bank.” Continues Ring, “They were 100% right. If we are truly the bank for ‘Main Street’, not ‘Wall Street’, then our customers should not have to be ‘millionaires’ to be an owner. So, we did the hard work these past 6 months to get some of our Class B Voting Common Stock qualified under Regulation A to sell to both accredited and unaccredited investors.”

As Ring further explains, “Before I was a banker, I was a securities lawyer for almost 30 years, and this is the first Regulation A offering I have done. It really is a great regulatory solution for young companies to ‘fly over the top’ of the elite institutional class and go straight to Middle America, who typically don’t get to invest in early-stage companies.”

Old Glory Holding Company, the bank holding company of Old Glory Bank, is offering only 5 million Class B Voting Common shares, at $7.00 per share. The minimum investment is $63 (inspired by Deuteronomy 6:3), but there are certain rules on the maximum number of shares you may purchase.

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 $170 million in these 20 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.

Become an owner today at own.oldglorybank.com with a minimum investment of $63.

Visit Old Glory Bank’s Ownership page to learn more and begin your investment.

*The minimum investment is $63 (Deuteronomy 6:3). There is a limited number of shares available for sale as explained in our Offering Circular available here. Each investment is subject to compliance with applicable law and being accepted by Old Glory Holding Company.

** An investment in the 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 https://own.oldglorybank.com.

Investments are not a deposit, not FDIC-insured, not guaranteed by the bank, and 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 www.oldglorybank.com. We Stand with You. Member FDIC.

For more information or to interview Mike Ring about ownership opportunities, contact media@oldglorybank.com.

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