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 Own.OldGloryBank.com, 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 OldGloryBank.com.
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 www.oldglorybank.com. We Stand with You. Member FDIC. Equal Housing Lender.
More information about Old Glory Bank is available by contacting media@oldglorybank.com.
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