Old Glory Bank Named as the Fastest Growing Financial Service Provider to Watch in 2025 by CIO Insights Magazine
The article, titled 'Old Glory Bank: Championing Financial Freedom through Innovative Products & Traditional Values,' highlights the bank's commitment to serving customers who value faith, family, and freedom. It explores Old Glory Bank's leading-edge digital infrastructure, secure mobile banking platform, and bold stance against the politicization of financial services. Richard Thomas, Editor-in-Chief of CIO Insights, writes, 'Old Glory Bank is setting a new standard for what modern financial services should look like.'
Thomas continues, 'As we look toward 2025 and beyond, it is clear that Old Glory Bank is well positioned to not only continue its impressive trajectory but to help shape the future of the financial industry itself.'
'We are honored to be recognized by CIO Insights,' said Mike Ring, CEO of Old Glory Bank. 'This feature affirms that you don't have to compromise your values to grow a successful venture. We've built a financial institution that rivals the biggest banks in innovation, and still honors the values of hard-working, patriotic Americans.'
CIO Insights traces Old Glory Bank's origins over 100 years ago as the first state-chartered bank of Oklahoma, to its historic transformation in 2022, led by its patriotic co-founders Dr. Ben Carson, John Rich, and Larry Elder, to become a bank that stands up against debanking and overreaching government. This strong purpose has fueled Old Glory Bank's growth, which has gone from approximately $10 million in deposits when the first digital account was opened in 2023, to over $220 million in deposits. To achieve this growth of over 2,000%, Old Glory Bank has crafted the ideal formula of forward-thinking innovation and trust-inspiring personal service to its tens of thousands of customers.
John Kingma, Chief Product, Technology, and Information Security Officer is highlighted in the CIO Insights feature for his leadership in building Old Glory Bank's groundbreaking technology stack. Kingma comments, 'When our customers trust their bank will be there for them, they can focus on building businesses, and raising families, all the things that are foundational not only to an individual's life but to our country's future.'
As more Americans seek alternatives to politically motivated banking, Old Glory Bank stands at the forefront, delivering modern, secure, FDIC-insured banking services rooted in traditional American principles.
To read the full feature, visit https://www.cioinsights.com/magazine/the-fastest-growing-financial-service-provider-to-watch-in-2025.
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.
Follow us on our social media accounts.
X: @oldglorybank, https://x.com/OldGloryBank
Facebook: Old Glory Bank,
Instagram: @oldglorybank,
Truth: @oldglorybank, https://truthsocial.com/@OldGloryBank
Rumble: @oldglorybank, https://rumble.com/user/OldGloryBank
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 minutes ago
- Yahoo
Americans have reached their tipping point as gratuities spiral ‘out of control' — where Dave Ramsey draws a firm line
Tipping has become ubiquitous, but many Americans are burning out. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it According to a recent survey by WalletHub, nearly nine in 10 believe tipping culture has 'gotten out of control,' and 83% think automatic service charges should be banned. Nearly 3 in 5 Americans think businesses are replacing employee salaries with customer tips. On a recent episode of The Ramsey Show, hosts Dave Ramsey and Jade Warshaw attempted to answer the question: When is it actually appropriate to leave a tip? When should you tip? Warshaw advised to always tip in restaurants. 'Where you're sitting down, you're placing an order, there's somebody attending to your table … tip between 18 to 20%," she asserted. "I feel like if you can't afford to leave a nice tip, you can't go." Ramsey agreed, saying staff are working for tips and often aren't paid well otherwise. For close-contact services like haircuts or nails, Warshaw recommends starting around 15%. But for quick barista service or grocery delivery? She says it depends on how great the service was, if she knows the person or if they went through a tough time to serve her, like delivering items in the rain. "For me, tipping falls in the bucket with generosity, so I overdo it," Ramsey admitted, even if the food wasn't that good. "Here's the thing: The kitchen might have screwed up, not the poor waitress." He typically wants to tip, and leaves $20 on his bed for the maid every day he stays at a hotel, but clarified, "The times that I walk up to the counter and someone spins an iPad at me and I leave a tip [are] precisely zero. I do not tip there, ever." Ramsey feels no guilt about this practice he calls a "manipulation at checkout … it's nickel-and-diming you to death.' All in all, the pair lean towards tipping and showing empathy for service workers and what they must deal with at the workplace — a sentiment not entirely reflected in the average American's view. Tipping fatigue Driven by inflation, menu price hikes and pressure to tip on basic transactions, tipping expectations are probably fueling exhaustion, resentment, and blown budgets among consumers. The same WalletHub survey found some telling information: almost 60% of Americans feel businesses are using tips to replace employee salaries, while close to 30% end up tipping less when prompted with a tip suggestion screen. What's more, 40% believe an instant employee rating system, which businesses can use to determine staff wages, should replace tipping. Read more: Nervous about the stock market in 2025? Find out how you can People are possibly feeling confused and overwhelmed by the higher number of situations for which they're expected to tip, including in quick-serve food establishments and rideshares or taxis. In fact, one-third (33%) of U.S. adults say the frequency or amount they're expected to tip has increased in the last five years, according to a Morning Consult survey. Regardless of consumer sentiment around tipping, the service industry still depends on it, since for many people, tips are essential to their income and will remain so unless their wages increase. Tips without budget stress Want to show gratitude without breaking the bank? Consider these budget-friendly ideas: Cash-only tip jar: Keep a small bill, like $1 or $2, for cash-only gratuities at coffee shops or convenience stores. Daily tracking: Add a 'tips' category to your monthly budget, so you can splurge or skip deliberately. Service-based tipping: Only tip at sit-down restaurants, delivery orders, valet and services like nail or hair — no need at counters. Modest weekly tip budget: For frequent routine services (e.g. your daily barista) to cap your spending. Evaluate, prioritize and trade off: For example, you might prefer splurging on a nice dinner out with friends each month to your convenient, weekly quick-service lunch. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
36 minutes ago
- Yahoo
Best money market account rates today, August 3, 2025 (best account provides 4.41% APY)
Find out how much you could earn with today's money market account rates. The Federal Reserve cut its target rate three times in 2024. So deposit rates — including money market account (MMA) rates — have started falling. It's more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. Overview of money market account rates today The national average money market account rate stands at 0.62%, according to the FDIC. Even so, some of the top accounts are currently offering rates of 4% APY and up. Since these rates may not be around much longer, consider opening a money market account now to take advantage of today's high rates. Here's a look at some of the top MMA rates available today:Additionally, the table below features some of the best savings and money market account rates available today from our verified partners. This embedded content is not available in your region. How much interest can I earn with a money market account? The amount of interest you can earn from a money market account depends on the annual percentage rate (APY). This is a measure of your total earnings after one year when considering the base interest rate and how often interest compounds (money market account interest typically compounds daily). Say you put $1,000 in an MMA at the average interest rate of 0.64% with daily compounding. At the end of one year, your balance would grow to $1,006.42 — your initial $1,000 deposit, plus just $6.42 in interest. Now let's say you choose a high-yield money market account that offers 4% APY instead. In this case, your balance would grow to $1,040.81 over the same period, which includes $40.81 in interest. The more you deposit in a money market account, the more you stand to earn. If we took our same example of a money market account at 4% APY, but deposit $10,000, your total balance after one year would be $10,408.08, meaning you'd earn $408.08 in interest. This embedded content is not available in your region.
USA Today
38 minutes ago
- USA Today
The housing market is changing. Is a low-fee real estate agent the way to go?
When Jonny Ballesteros and his fiancée, Jen, began house-hunting, they weren't sure what to expect. It was the first purchase for the couple, who are both 29, and in the competitive San Diego-area market where they lived, they needed some hands-on guidance. But the real estate agents they contacted were no help. They appeared to be too busy to offer the kind of service the couple wanted. They decided instead to work with a new company that offers flat-fee brokerage services for buyers. While the cost savings was helpful, Ballesteros also felt he and Jen got the support they needed: suggested homes that matched their criteria, viewing appointments, and online chats about everything from scheduling to questions about process. "We truly needed that hand-holding because it was our first property,' Ballesteros told USA TODAY. In an age when Americans do everything from writing their wills to ordering their groceries online and without a middleman, the residential real estate industry remains stubbornly entrenched in tradition. But one year after a landmark lawsuit changed the way commissions are negotiated, some upstarts think the time is finally right. "The settlements haven't actually changed the transaction much yet," said Ben Bear, co-founder and CEO of TurboHome, the company that helped the Ballesteros. "But what it has done is educated buyers that hey, high commissions don't really make sense." At the same time, Bear said, new technology makes it possible for companies "to deliver a high level of service that does have a lot of personal touch, at a lower price point." TurboHome, which has been around since 2022, is currently only available in California and Texas. Other companies offering similar services for buyers include ShopProp and Arrivva. The longstanding approach to real estate transactions in America had a commission of roughly 5% to 6% paid by the seller and divided between the agents for the buyer and the seller – a hefty surcharge that some observers believe inflated home sale prices. For the home that Johnny and Jen bought, which cost $679,000, the buyer's agent's commission traditionally could have been $20,000 or more. TurboHome's fee was less than half that – $7,500. And the seller agreed to pay it, so the couple paid nothing and was able to apply the money to their loan. How the real estate commission lawsuits changed consumer attitudes A report released in June by the left-leaning think tank Consumer Policy Center explained how the commission lawsuits have helped erode traditional arrangements. 'By focusing public attention on 5-6 percent commissions through news coverage, the changes persuaded some consumers to question traditional real estate brokerage services,' wrote Stephen Brobeck and Wendy Gilch. More recently, they added, the industry jockeying between Zillow and other listings portals and brokerages has helped focus attention on how real estate information is displayed, which may persuade homeowners to sell their properties in non-traditional ways. Douglas Miller is a long-time attorney and real estate industry gadfly who instigated the first of the commission lawsuits filed starting in 2019 against big brokerages and the National Association of Realtors, one of the largest professional lobby groups in the country. A recent analysis shows that commissions paid to real estate agents have barely budged over the past few years. The new upstarts are not "discount brokers," he said. 'They are 'fair fee brokers,' I think is a better way to put it," Miller said in an interview. "The traditional agents want to label them as, 'You are using somebody who's charging less, you're going to get what you pay for.' I would say no, what you're going to get is an overpaid agent if you use a traditional agent.' One of Miller's biggest bugaboos is that the vast majority of real estate agents do almost no deals on a regular basis. According to a 2024 analysis from Brobeck, half of all agents reported no or only one sale the previous year, while 70% did five or fewer. 'In terms of personnel, the residential real estate industry is clearly a part-time industry,' the report concluded. As Miller sees it, the lower-cost companies that focus on transactions probably have more experience than many agents do. The National Association of Realtors did not respond to a USA TODAY request for comment. When does it make sense to work with a traditional real estate agent? Lisa Gill, an analyst with Consumer Reports, thinks that there are advantages to working with traditional agents. "Real estate is still very much a relationship business," she said. "Particularly in very competitive markets, it can benefit both buyers and sellers to have a representative who's tapped into a network of agents." TurboHome's Bear agrees. There are plenty of types of transactions where a buyer or seller may want the kind of high-touch experience Gill describes. But there are also other advantages to companies like TurboHome, which doesn't require that clients be exclusive to them. That means that if another real estate agent is able to find a property, there's no penalty for walking away and choosing to be represented by that agent. Gill also notes that experienced professionals can bring wisdom and context that go beyond the checklist of transactions involved in a sale. Working without a traditional agent might be akin to 'building a house without hiring a general contractor,' she said. It's likely that many sales can be done without that expertise, but on the rare occasion that things do go wrong it may wind up costing more in time and money to fix. Still, evidence is mounting that for many Americans, the 'bare-bones' approach works perfectly well. Miller, a practicing lawyer, is also a licensed Realtor who facilitates dozens of sales every year, making him one of the Realtor Association's top producers in Minnesota, he says. He charges half the amount a traditional agent would – 1.5% of the transaction or less – on the home's sale price or list price, whichever is cheaper, to avoid the perceived conflict of interest that comes from a sale price being bid up. The 2025 Consumer Policy Center report, meanwhile, focuses on the seller experience, evaluating companies Ideal Agent, Houwzer, Trelora, Simple Showing, and 1% Lists, with a special nod for one called Clever, which had more –and more-experienced – agents on its staff. While consumers using those companies need to do a little extra research, the report says, including being absolutely sure which specific services are offered and evaluating the individual agent that will be involved in the transaction, they conclude that 'low fee brokers do represent a viable alternative for home sellers.' Read next: Should you sell your own home? Why a FSBO may look more tempting
