The Fabric

Financial institutions are shutting down branches throughout the U.S. to streamline operations and consolidate services. 

In the second quarter of this year, both U.S. Bank and Chase reported closing 48 and 28 branches, respectively. Bank of America is set to close 25 locationsby the end of 2024.   

THE CONSTITUTIONAL RIGHT TO PRIVACY FOR SMALL BUSINESS OWNERS ENDS ON JANUARY 1, 2025. 

“This relationship underscores our commitment to serving those who have served our country and ensuring they have the resources they need to succeed as employees and business owners,” says Mike Ring, Co-founder, President, and CEO of Old Glory Bank.

Old Glory Bank Co-Founders participate in the final interview by future defense Secretary Pete Hegseth. 

President-elect Donald Trump nominated decorated Combat War Veteran Pete Hegseth as Defense Secretary less than 24 hours after interviewing Old Glory Bank co-founders John Rich and Mike Ring on his Modern Warriors LIVE a Veterans Day special.

Old Glory Bank’s Innovative McFadden Project encourages homeless vets to take a step forward by opening a bank account.

ELMORE CITY, OK — Old Glory Bank, the pro-America online community bank, unveils the McFadden Project, an innovative solution to helping homeless veterans open a bank account.

Celebrating Women's Small Business Month

When Old Glory Bank’s mission began taking shape almost 4 years ago, stories of cancel-culture infecting the banking world were already multiplying. Here we are, years later, aghast at the continued increase of this outrageous trend. At times, it feels like dystopian fiction. It’s not just high-profile political figures. It’s everyday people. It’s charitable organizations that serve orphans. It’s demographic groups deemed high risk because of their religious affiliation or heritage. It’s citizens who make a legal living in an industry such as firearms retailers.

I opened my first bank account when I was 16 years old. I’d just gotten my first job at the local video store – remember those? I went with my mom to the bank on the corner, where she had accounts and a personal banker, showed them my shiny (also new) driver’s license, and opened my first checking and savings account. My banker showed me how to write a check and how to fill out a deposit slip for those paychecks because direct deposit wasn’t a widespread concept yet. It was an exciting day. It was a big deal.

Celebrating Women's Small Business Month

As I have observed, those who plow evil and those who sow trouble reap it.   -Job 4:8

TD Bank has been ordered to pay approximately $3 billion in penalties for its multi-year violations of the Bank Secrecy Act, which requires financial institutions to take regulated steps to detect and prevent money laundering. According to the charges, TD Bank allowed three major networks to illegally move $670 million through bank channels. It now holds the title of the largest bank in US history to have pled guilty to money laundering charges.