Press Release

FOR IMMEDIATE RELEASE:

OLD GLORY HOLDING COMPANY
TO ACQUIRE
FIRST STATE BANK OF ELMORE CITY, OKLAHOMA

FIRST STATE BANK TO BE RENAMED “OLD GLORY BANK” TO PROVIDE
DIGITAL-FIRST BANKING SOLUTIONS FROM SEA TO SHINING SEA
OLD GLORY BANK™ “VALUES YOUR VALUES”
Account reservations are now open
www.oldglorybank.com
ELMORE CITY, OK— Old Glory Holding Company has cleared regulatory hurdles to purchase First State Bank of Elmore City, Oklahoma, an agreement both sides entered on March 12, 2022, and which the parties intend to close on November 30, 2022. First State Bank was founded in 1903 and will be renamed Old Glory Bank. Old Glory Bank will be a chartered, FDIC insured bank, providing digital-first banking solutions throughout America.
Explains Dr. Ben Carson, who is the former Secretary of Housing and Urban Development, and is a co-founder, stockholder, and member of the Board of Directors of Old Glory Holding Company, “Old Glory Bank will serve lower- and middle-income Americans and those Americans that other banks have marginalized and ignored, hard-working patriots who keep this country running every day.”
Old Glory Bank states it will be the first chartered bank to openly support America, its flag, freedom, patriotism, the military and first responders. Old Glory Bank promises it will never cancel law-abiding customers for their beliefs or for exercising their lawful rights of free speech. Subject to conditions, Old Glory Bank will have no-fee accounts, free overdraft protection, free ATMs, and early direct-deposit access.
“With the aid of cutting-edge digital technology, we will ‘export’ this bank’s hometown values across the country,” explains Bennett Brown, Old Glory Bank’s Senior Regulatory Officer, who has more than five decades in banking, including as CEO of three community banks and as an OCC examiner. Old Glory Bank’s Chief Financial Officer, Robert Halford, who has been in banking for more than 30 years, reminds us that “People used to select a bank that was closest to their home. Now with our great mobile banking, they can choose the bank that is closest to their identity.”
Radio and television host, author, and filmmaker, Larry Elder, who is also a co-founder, stockholder, and member of the Board of Directors of Old Glory Holding Company, states that “We value the values of America and believe in the principles that forged this country, such as liberty, privacy, security, community, family, and faith.”
Country music superstar, TV host, entrepreneur, and songwriter John Rich, who is also a co-founder and stockholder of Old Glory Bank, adds that “It’s been dismaying to see the political weaponization of the financial system. Old Glory Bank was created to be the full banking solution for folks who still believe in freedom and the greatness of America.”
Maureen Carollo, Chief Compliance and Risk Officer who has more than 25 years in banking and risk leadership, states that this new digital-first bank “was named Old Glory after the name given to the American Flag in 1832 by Massachusetts-born Sea Captain, William Driver. Old Glory Bank, like our flag, represents the fabric of America.”
The Board of Directors includes successful and influential leaders such as former Secretary of Housing and Urban Development, Dr. Ben Carson; radio and television host Larry Elder; former two-term Governor of Oklahoma, Mary Fallin Christensen; marketing executive Tony Dieste; and influential free speech proponent, Dan Schneider. Mr. Clay Christensen, a native Oklahoman and managing partner of Christensen Law Group, P.L.L.C., who is currently the CEO of First State Bank, will join the Board of Directors of Old Glory Bank. All legacy team members at First State Bank will remain and continue to serve their local community that this great bank has served for 120 years.
Old Glory’s Executive Chairman, William Shine, is the former co-president of Fox News and president of Fox Business News, and brings his success in management, operations, and messaging.
Old Glory Bank’s executive team comprises of experienced bank, technology, operational, and marketing executives with hundreds of years of combined experience. Their work began in March of 2021, and over 18 months, this leadership team built the infrastructure and partnered with leading technology providers to prepare for the launch of an industry best digital-first bank to serve America.
One of the many features of Old Glory Bank will be its charitable round-up program where customers have the option to “round-up” to the nearest dollar each time they use their Old Glory Bank cards. One charity for which Old Glory Bank is excited to announce is Folds of Honor, located outside of Tulsa, Oklahoma.
Folds of Honor is a non-profit organization founded by Lt. Col. Rooney who has committed his life to rallying patriotic Americans and meeting sacrifice with hope through the Folds of Honor. Since 2007, they have provided life-changing academic scholarships to the spouses and children of America’s fallen or disabled military. And now, their mission expands to the families of America’s first responders. In Lt. Col. Rooney’s words, “On our watch, the dependents of those who protect our freedoms, and our families will know they are not forgotten.” Moreover, “We could not be more excited to enter into a partnership with Old Glory Bank, an organization that aligns with our values and our collective desire for a better America.”
Old Glory Bank is supported by a broad base of individual investors who believe in the “Old Glory Nation” and who want to bring to market the best digital-first banking solution. Old Glory Bank is a bank for America, that is owned and operated by folks who love this country.
Old Glory Bank is currently accepting account reservations at www.oldglorybank.com. Old Glory Bank will begin offering banking and financial services in Q1 of 2023.
More information about Old Glory Bank is in its Electronic Press Kit, available at
https://media.oldglorybank.com and by contacting Ms. Jules Wortman, at jwortman@wortmanworks.com.

About Old Glory Bank

Old Glory Bank™ will be a digital-first, chartered, FDIC-insured bank that operates across America. Not a “challenger” bank, Old Glory Bank will be a genuine bank and will be the first chartered bank to openly support America, the flag, freedom, the military, first responders, and most importantly, the hard-working people who make America great – our “Old Glory Nation.” Old Glory Bank™ was created to be your hometown bank, no matter where you call home. A banking solution for those who feel marginalized for believing in the greatness of America. Old Glory Bank was co-founded by some of the leading voices supporting freedom and love of country, including former Secretary of Housing and Urban Development, Dr. Ben Carson; radio and televisions host Larry Elder; former two-term Governor of Oklahoma, Mary Fallin Christensen, and country music superstar, TV host, entrepreneur, and songwriter, John Rich. Old Glory Bank will never cancel law-abiding customers for their beliefs or for exercising their lawful rights. Visit www.oldglorybank.com. “We Stand with You. No Matter Where You Stand.”

About Folds of Honor

Folds of Honor is a 501(c) (3) nonprofit organization that provides educational scholarships to the spouses and children of military members who have fallen or been disabled while serving in the United States Armed Forces. Beginning in 2022, it expanded its mission to include first responders. Our educational scholarships support private school tuition or tutoring in grades K-12, tuition for college, technical or trade school and post-graduate work, including a master’s degree, doctorate, or professional program. Funds for a second bachelor’s degree or trade/technical program certification are also available. Since its inception in 2007, Folds of Honor has awarded about 44,000 scholarships totaling about $200 million in all 50 states. Among the students served, 41 percent are minorities. It is rated a four-star charity by Charity Navigator and Platinum on GuideStar. It was founded by Lt Col Dan Rooney, the only-ever F-16 fighter pilot (with three combat tours in Iraq) and PGA Professional. He is
currently stationed at Headquarters Air Force Recruiting Service Detachment 1, at Joint Base San Antonio-Randolph, Texas. For more information or to donate in support of a Folds of Honor scholarship visit foldsofhonor.org


­­FOR IMMEDIATE RELEASE:

OLD GLORY BANK ANNOUNCES
CODE OF VETS
AS CHARITABLE ROUND-UP PARTNER

Account reservations are now open
www.oldglorybank.com
ELMORE CITY, OK— Old Glory Bank is proud to announce that Code of Vets will be an official charity partner for Old Glory Bank’s Charitable Round-Up program. Code of Vets is a non-profit organization that helps veterans in distress.
Old Glory Bank is the first FDIC-insured, chartered bank to openly support America, its flag, freedom, patriotism, the military, and first responders. One of the bank’s many features will be its Charitable Round-Up program in which customers have the option to round-up to the nearest dollar and contribute each time they use their Old Glory Bank cards. Code of Vets will be one of the charities that customers can select.
Code of Vets, located in Murfreesboro, Tennessee, is a tax-exempt 501(c)(3) organization founded by United States Air Force veteran Gretchen Smith in honor of her father, U.S. Army Sgt. Danny E. Smiley, a Vietnam veteran who was exposed to Agent Orange and died of PTSD at the age of 57. Code of Vets gives immediate assistance to in-crisis, at-risk and in-need veterans who have fallen through the cracks. Ninety-eight cents of every dollar donated to Code of Vets goes directly to assistance. 
“We are excited to partner with a bank that will protect our funds, freedom and veterans,” Gretchen Smith explains. “Old Glory Bank is going to provide secure banking for all Americans, and their focus on mobile banking, will allow us to bring veterans back into the banking system. We have a bright future ahead of us with Old Glory Bank leading the way.”
“Old Glory Bank is honored to work with Gretchen and all of the great volunteers at Code of Vets,” states Bennett Brown, Old Glory Bank’s senior regulatory officer.  “In my five decades of banking, one of our industry’s biggest challenges is finding ways to ‘bank the un-banked.’  Working with Code of Vets, we are going to identify our great veterans that have fallen out of the banking system, and work hard to get them back.”
Headquartered in Elmore City, Oklahoma, Old Glory Bank will provide best-in-class mobile banking solutions across the United States and will begin offering mobile banking services in Q1 of 2023. Old Glory Bank is currently accepting account reservations at www.oldglorybank.com.
More information about Old Glory Bank is in its Electronic Press Kit, available at
https://media.oldglorybank.com and by contacting Ms. Jules Wortman, at jwortman@wortmanworks.com.

About Old Glory Bank

Old Glory Bank acquired First State Bank in Elmore City, which was established in 1903.  Old Glory Bank is FDIC-insured and beginning in early 2023, will offer the best mobile banking to customers from sea to shining sea.  Not a “challenger” bank, Old Glory Bank is a real bank and will be the first chartered bank to openly support America, the flag, freedom, the military, first responders, and most importantly, the hard-working people who make America great – our “Old Glory Nation.” Old Glory Bank™ was created to be your hometown bank, no matter where you call home. A banking solution for those who feel marginalized for believing in the greatness of America. Old Glory Bank was co-founded by some of the leading voices supporting freedom and love of country, including former Secretary of Housing and Urban Development, Dr. Ben Carson; radio and television host Larry Elder; former two-term Governor of Oklahoma, Mary Fallin-Christensen, and country music superstar, TV host, entrepreneur, and songwriter, John Rich. Old Glory Bank will never cancel law-abiding customers for their beliefs or for exercising their lawful rights.  Visit www.oldglorybank.com.  We Stand with You.  No Matter Where You Stand. 
Member FDIC.

About Code of Vets

Code of Vets was founded by Air Force Veteran, Gretchen Smith. It is a 501(c)(3) and exclusively uses social media to raise awareness for veterans in distress. With more than 400,000 followers just on Twitter (they have a following on 7 other platforms as well), Code of Vets has raised $6M+ to help thousands of veterans with suicide prevention, housing, food, clothing, medical and transportation just to name a few.  With only 2% operating costs, nearly every penny that comes in goes right back out to veterans. Veterans receive near immediate care/assistance upon request because of their unique platform. The inspiration for Code of Vets came from Sgt. Danny E. Smiley, Gretchen's dad, and Airborne Angel. He was a Bronze Star Medal recipient, a 100 percent disabled Vietnam Veteran exposed to agent orange. He lost his battle with PTSD at age 57.


­­FOR IMMEDIATE RELEASE:

OLD GLORY BANK INTRODUCES
OLD GLORY PAY

Proprietary, cancel-proof system
Account reservations are now open
www.oldglorybank.com
ELMORE CITY, OK—As part of its promise to never cancel law-abiding customers for their beliefs, Old Glory Bank announces its proprietary closed-loop payment system, Old Glory Pay.
Headquartered in Elmore City, Oklahoma, and providing mobile banking solutions from sea to shining sea, Old Glory Bank is the first FDIC-insured, chartered bank to openly support America, its flag, freedom, patriotism, the military and first responders.
“Old Glory Pay is our own cancel-proof peer-to-peer payment solution” states Steve Paganucci, Chief Security Officer of Old Glory Bank, a 24-year veteran of the FBI who retired as their head of Covert Finance.  “Unlike many ‘legacy’ payment processors, Old Glory Pay will never cancel a law-abiding customer for exercising their freedoms.”
According to Paganucci, with Old Glory Pay, customers of Old Glory Bank can send payments to each other (peer-to-peer) instantly and without fees.  Because their money never leaves the Old Glory ecosystem, no external entity can ever interfere with their transaction.  “Old Glory Pay will seamlessly integrate with our Old Glory Bank App, so that you will see in real-time money you sent or received,” states Paganucci.  “Another benefit of Old Glory Pay will be an immediate settlement of funds among bank customers, so there is no waiting on your money,” explains Paganucci.
Old Glory Pay will be available with Old Glory Bank’s mobile banking platform in early March 2023.  Soon after launch, online merchants will also be able to accept Old Glory Pay so that customers will be able to make purchases with Old Glory Pay.  “Payment processing is only the start,” says Paganucci.  “We have many more features lined-up to bring freedom loving Americans innovative payment solutions, including our own fundraising platform.”
Cloud Payments, LLC, (www.CloudPayments.com), is a strategic technology partner of Old Glory Bank which developed the Old Glory Pay App, built in America by American workers.  “We are proud to partner with a pro-America company that shares our beliefs in love of country, respect for the flag and the promise of liberty,” says Paganucci. 
Mike Love, CEO of Cloud Payments states “We are very excited to partner with Old Glory Bank in the creation of Old Glory Pay which leverages our patented mobile payments technology platform.  Having deployed more than 85 payment ecosystems in many different industries, it is especially rewarding to partner with Old Glory Bank to further their mission of being cancel-proof.”
Old Glory Bank is currently accepting account reservations at www.oldglorybank.com.
More information about Old Glory Bank is in its Electronic Press Kit, available at
https://media.oldglorybank.com and by contacting Ms. Jules Wortman, at jwortman@wortmanworks.com.

About Old Glory Bank

Old Glory Bank acquired First State Bank in Elmore City, which was established in 1903.  Old Glory Bank is FDIC-insured and beginning in early 2023, will offer the best mobile banking to customers from sea to shining sea.  Not a “challenger” bank, Old Glory Bank is a real bank and will be the first chartered bank to openly support America, the flag, freedom, the military, first responders, and most importantly, the hard-working people who make America great – our “Old Glory Nation.” Old Glory Bank™ was created to be your hometown bank, no matter where you call home. A banking solution for those who feel marginalized for believing in the greatness of America. Old Glory Bank was co-founded by some of the leading voices supporting freedom and love of country, including former Secretary of Housing and Urban Development, Dr. Ben Carson; radio and television host Larry Elder; former two-term Governor of Oklahoma, Mary Fallin-Christensen, and country music superstar, TV host, entrepreneur, and songwriter, John Rich. Old Glory Bank will never cancel law-abiding customers for their beliefs or for exercising their lawful rights.  Visit www.oldglorybank.com.  We Stand with You.  No Matter Where You Stand. 
Member FDIC.