You've waited for years for a true banking partner who understands you and your business. 

Far too many crypto companies have found themselves debanked by the big banks who aren't willing to invest the resources to determine if the crypto activity is lawful. Old Glory Bank stands with you and your lawfully operating MSB.

Qualification – Only for crypto/ NFT related companies, including Money Service Businesses (MSBs).  Examples include companies that allow their customers to buy, sell, or trade cryptocurrencies, stablecoins, memecoins, non-fungible tokens (NFTs), and physical crypto, via Crypto exchanges, coin minting companies, coin trading companies, and similar business lines.

Application Fee – Customer must pay in advance an application fee of $250.00 to start the process to open a Digital Future Crypto Checking Account. Such fee is not refundable, even if an account is not opened for any reason. 

 Old Glory Bank does not currently provide custodian services for digital currency keys or tokens. 

 

Begin opening your Digital Future Crypto Checking account today.

Important Details about Old Glory Bank's Digital Future Crypto Checking Account

 
Minimum Deposit to open such account – You must deposit at least $5,000.00 to open a Digital Future Crypto Checking Account.
 
Monthly Maintenance Fee – A monthly fee of $200.00 will be imposed every monthly statement cycle, for the “primary” Digital Future Crypto Checking Account. Additional Digital Future Crypto Checking Accounts that are part of the same controlled group will have a monthly fee of $0.00 per statement cycle.  
 
Certification Fee – Without limitation to any other rights of Old Glory Bank, an annual fee of $1,500.00 will be assessed if customer does not complete Old Glory Bank’s annual certification by each applicable deadline (which is generally the anniversary of the primary account opening date). 
 
Transaction limitations: An excessive check cleared fee of $0.50 will be charged for each check cleared in excess of 250 during a monthly cycle.
 
Other Fees: A monthly fee of $15.00 for an unlimited number Automated Clearing House (“ACH”) payments (singe and batch files) will be charged per monthly statement cycle to send any ACH payments. To send an ACH, you must first agree to the terms of Old Glory Bank’s Electronic Funds Transfer Agreement.  
 
A fee of $30.00 per Wire transaction for outbound domestic wire transfers and $50.00 for international outbound wire transfers.  There is no fee for inbound wires.    
 
Representations and Warranties Related to Digital Future Crypto Checking Accounts. You acknowledge that your business has made and maintained all required federal and state filings to operate your business as intended, including (without limitation) filing as an MSB with FINCEN and/or any other necessary state money transmitter licenses. You covenant agree that neither you nor anyone acting on your behalf will use the name or logo of Old Glory Bank in any marketing or promotion (including social media) without Od Glory Bank’s prior written approval. You represent, warrant, and covenant that if you or any affiliate holds funds of your customers, it maintains on hand sufficient assets (reserves) to fulfill withdrawal requests and to cover all customer deposits.  You represent, warrant, and covenant that if you or any affiliate issues a stablecoin, such company holds a pool of fiat currency (e.g., US Dollars) in a secure bank account at a U.S. FDIC-insured bank, ensuring that for every stablecoin issued, there is an equivalent amount of fiat currency held in reserve, effectively maintaining a 1:1 ratio as necessary to stabilize the value of the stablecoin. You agree that upon written notice by Old Glory Bank from time to time, you will promptly provide such information and certifications as requested to verify any of the preceding commitments and/or as otherwise may be reasonably requested by Old Glory Bank or its regulators. Old Glory Bank does not currently provide custodian services for digital currency keys or tokens.
 

Digital Future Crypto Checking Fee Outline