Old Glory Bank Offers Accessible Investment Opportunity
Old Glory Bank Launches Mini-IPO for New Investors
Old Glory Bank recently made an exciting announcement that provides a unique opportunity for Americans to become shareholders of the Old Glory Holding Company. By offering Class B Voting Common Stock, the bank invites individuals to invest in a fully tradeable manner under Regulation A (Tier II).
Empowering Everyday Americans
This move comes as a response to the overwhelming feedback from customers and community supporters who expressed a desire to invest in a bank that serves Main Street rather than Wall Street. Mike Ring, Co-Founder, President, and CEO of Old Glory Bank, shared his sentiment about the initiative: “We were surprised by the number of customers who felt disenfranchised from owning a part of Old Glory Bank. Our goal is clear; we want to ensure that anyone who believes in our mission has the chance to be a part of it, regardless of their financial status.”
A Growing Community Bank
In line with their community-focused ethos, Old Glory Holding Company aims to make investment easier for all. The bank has experienced significant growth in recent months, rapidly expanding its customer base to tens of thousands and increasing deposits from around $10 million to over $170 million. This expansion reflects a strong commitment to banking freedom, which resonates with their mission grounded in the values of the US Constitution.
Investment Details and Opportunities
Old Glory Holding Company has made 5 million shares available at a price of $7.00 each. With a minimum investment amount starting at $63, inspired by the biblical principle from Deuteronomy 6:3, they aim to ensure accessibility for a broader audience willing to invest. However, maximum purchase limits do apply to protect the interests of all investors.
Innovative Services for Customers
Launched in 2023, Old Glory Bank provides a full suite of banking products tailored for individuals and businesses. Customers benefit from personal and business accounts, Old Glory Pay, debit and credit cards, as well as various loan options. The innovative banking solutions introduced allow deposits to be made conveniently across thousands of retail locations, enhancing accessibility for customers nationwide.
The Future of Banking with Old Glory Bank
Looking ahead, Old Glory Bank aims to cultivate an inclusive environment where all voices are heard. By focusing on community engagement and banking for everyday Americans, they strive to reshape the banking landscape, ensuring that financial services foster freedom and security for everyone.
Potential investors who are intrigued by this opportunity can explore more about becoming a shareholder in Old Glory Holding Company and learn about the unique services offered by Old Glory Bank, dedicated to empowering its customers.
Frequently Asked Questions
What is the purpose of the mini-IPO?
The mini-IPO provides an opportunity for Americans to invest in Old Glory Holding Company and own a part of the bank, making equity accessible to all.
How much does it cost to invest?
The minimum investment required is $63, allowing a broader range of individuals to participate in the bank's growth.
What type of shares are being offered?
Old Glory Bank is offering Class B Voting Common Stock, which gives shareholders a voice in the company’s future.
How has Old Glory Bank been performing?
Since its launch, Old Glory Bank has seen tremendous growth, increasing its customer deposits from $10 million to over $170 million.
Why is Old Glory Bank focused on Main Street investments?
The bank’s mission centers on providing financial services that reflect the values of everyday Americans rather than those dictated by the elite financial institutions.
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