Answers to Frequently Asked Questions

Old Glory Bank is blessed to have great co-founders and thought leaders such as John Rich, Larry Elder, Dr. Ben Carson, and Governor Fallin. Additionally, behind the scenes, we have a large senior management team of humble patriots who are working nonstop to deliver great products, brand values, and services to our Old Glory Nation.™ Our senior management team represents the best of Middle America and you can meet some of them here.

You can find our how-to videos under "What We Offer" on our website's navigation bar or you can also go to:
https://www.youtube.com/@oldglorybank

Right now! It should only take eight minutes. Please make sure you have your Government-issued photo ID (e.g., Driver's License) handy and then click here.

Most customers will interact with Old Glory Bank through our App or website because we will have one of the best mobile and online banking platforms in America. We would love to have you visit us in our physical branch in beautiful Elmore City, Oklahoma, but with our great mobile banking, your bank can always be in your pocket. We do not know when another traditional brick-and-mortar branch will open, but with our incredible mobile banking, you can seamlessly bank from anywhere, just like if you walked into a traditional branch.

Old Glory Bank was previously called First State Bank which is located in Elmore City, Oklahoma, and was established in 1903. In November of 2022, we acquired First State Bank and changed its name to Old Glory Bank. There is a new group of owners, executives, and board members who have centuries of experience in banking and technology. With our great mobile banking solutions, Old Glory Bank will be your hometown bank, no matter where you call home.

Old Glory Bank is named for the American Flag. As a bank, we will openly support our country, flag, military, police, and the people we call the engine of America—the hard-working patriots who make this country run every day. If you believe in freedom, liberty, security, faith, and family, we will be your bank. We won’t cancel law-abiding customers for their beliefs. We will protect your security and privacy. We support your business and livelihood—regardless of your industry. Whether you’re in the oil business, a firearms retailer, or a meat producer, Old Glory Bank will be the bank for you. We stand with you. No matter where you stand.

Our Mission Statement was adopted on June 21, 1788. You can find a copy online. While we refer to this document as our Mission Statement, most folks know it as our US Constitution. Of course, it’s been amended many times, most importantly on December 15, 1791, with the adoption of the first Ten Amendments, importantly known as our Bill of Rights.

What makes Old Glory Bank so safe and secure for your deposits is that we are FDIC-insured up to $250,000 per depositor. We are not a “challenger” bank like so many of the online providers who partner with a third-party bank that controls things behind the scenes. We are a real bank and have a great and easy mobile banking solution, accessible on your computer and your smart device. We will stand with you, no matter where you stand. Of course, Old Glory Bank will absolutely comply with lawful orders, including, for example, a garnishment to pay child support and lawful requirements to report your income. We will never be a bank for criminals or support criminal activity. Just the opposite. We believe in the rule of law and the U.S. Constitution. Therefore, if a government official requests that we punish or cancel you for lawfully attending a protest, we will not comply. If there is a request to punish or cancel you for conducting lawful business, that request will be unlawful, and we will not comply. If other banks (and tech companies) want to stand with their elite friends in government and media to punish and cancel Americans for fossil fuels, the meat industry, firearms, or speaking truth to power, that’s on them. Old Glory Bank will never punish or cancel customers for their lawful activities. Instead, we stand with you.

Old Glory Bank is a chartered, FDIC-insured bank. So, as secure as it can get. Customers are insured by the FDIC up to $250,000 per depositor.

Yes. Old Glory Bank (formerly known as First State Bank) is a 120-year-old, FDIC-insured Bank, from Elmore City, Oklahoma. Most customers will interact with us on their smart phone or the Internet because we have one of the best mobile banking apps and websites, but you will also be able to walk into our branch and talk with a teller in beautiful Elmore City, Oklahoma. And, if you want to talk to someone, we will be accessible online and by phone.

No. Old Glory Bank is an actual, FDIC-insured bank. You may have seen some of the new “financial service” companies who call themselves “challenger” banks or “neo” banks. These companies are not actual banks, and they are not even allowed to call themselves a bank, which is why “bank” is never in their name. Old Glory Bank is an FDIC-insured, chartered bank. Your money will be safe and secure with us, and we will control who can hold an account—not some other institution behind the scenes. So, bank with a real bank—Old Glory Bank.

As part of our promise not to cancel law-abiding customers for their beliefs, Old Glory Bank is launching its own payment App called Old Glory Pay. Upon it's release, Old Glory Bank customers can send payments to other Old Glory Bank customers without their money ever leaving the Old Glory Bank eco-system, which means no institution can cancel your payments or withhold your funds for whatever reason they choose. Also, with Old Glory Pay, since both parties in a transaction are Old Glory Bank customers, there is an immediate settlement of funds and you do not wait for access to your money. Old Glory Pay links seamlessly with the Old Glory Bank App, so you will be able to see when money sent or received via Old Glory Pay hits your bank account. Also coming soon will be solutions for merchants to accept Old Glory Pay and a cancel-proof crowd fundraising solution.

We launched personal checking accounts (that we call Freedom Spending Accounts) and interest-bearing Freedom Savings Accounts in March, 2023. It's easy to open an account. It should only take eight minutes. Please make sure have your Government-issued photo ID (e.g., Driver's License) handy. Starting in June, we will offer Home Loans by Old Glory Bank. And starting in July, we will launch Business Banking.

Yes. With Old Glory Bank, you will be able to access your direct deposit paycheck or government payment up to two days earlier than the stated payment date. Also, with Old Glory Bank, you can get free overdraft protection,* no monthly fees (no exceptions), no fees for in-network ATMs, free bill pay,* free monthly transfers and electronic statements. We are also doing something very special with Charitable Round-Ups, where you can round-up to the next dollar when you use an Old Glory Bank card and make an automatic donation to one of our great charities. 100% of your Charitable Round-Up goes to your selected charity, and we do it all for free.
*Conditions apply.

We are currently opening personal accounts, including Freedom Spending and Freedom Savings Accounts. Currently, customers receive a free debit card and our Bill Pay service which allows you to send checks, both of which a sole proprietor could find useful for their personal banking needs today. By July 4th, we intend to launch our business banking platform so that businesses can declare their independence from other banks. We will then slowly start to grow our business lending program, which will include SBA loans.

Old Glory Bank will provide customers with free ATM access at any of its 40,000 in-network ATMs. You will be able to easily locate an Old Glory Bank in-network ATM using the ATM locator in our mobile App and website. Of course, your Old Glory Bank debit card will work at almost every ATM on the planet, it just means you may have to pay a small fee (e.g., $3.50), if it's not one of our free ATMs.

You will be able to pay your expenses with an Old Glory Bank debit card, online bill pay, and ACH transfers. You will be able to withdraw cash for free from one of our 40,000 in-network ATMs, which you can easily find using our ATM locator in our mobile App and website. Of course, your Old Glory Bank Debit Card will work at almost every ATM on the planet, it just means you may have to pay a small fee (e.g., $3.50), if it's not one of our free ATMs.  

Every location where Mastercard® is accepted, which is just about everywhere.

You can open an account for as little as $50. Terms and conditions will apply to benefit from our many features. Full account details will be provided to you when it is time to open your account.

The right to privacy is self-evident. That’s why Old Glory Bank’s privacy pledge is simple: Unless you authorize it, we will not share any of your information with anyone, unless legally compelled through a lawful (non-political) process. No big-tech leaks, no outside advertisers, no “helpful notes” to the government. When you bank with Old Glory Bank, your lawful activity is your business.

As with all things, Old Glory Bank is smart and serious about information security. All vital customer information is encrypted to AES-256 standards and stored in different locations. Keeping your account details secure by not sending snail-mail is also an important decision to keep your information out of the hands of criminals. Of course, we humans are often the weak link in data security. That’s why Old Glory Bank requires multi-factor authentication. Remember, always keep your username, passwords, and authentication devices secret and safe. Contact us quickly if you have reason to believe your access or information has been compromised.

Please go to our Customer Service page for assistance.