The Fabric

Any investment equation involves factors to consider. What is the opportunity worth? How much can I afford to invest? How has this company performed so far, and what goals is it striving for? Why do I feel passionate about this organization or cause? How will this investment benefit my family today or in the future?  

We’ve been saying it for years. We built Old Glory Bank for this mission: Americans have a right to freedom in banking. The right people are finally listening.

Old Glory Bank CEO and President, Mike Ring, contacted Senator Tim Scott with his perspective on debanking in America.

Visit Banking.Senate.gov to read more and watch the hearing live.

As the world moves further into the digital age, financial innovations are emerging in the digital currency space that are taking up much of the public discourse: Central Bank Digital Currencies (CBDCs) and cryptocurrencies.

While both operate digitally, the key distinction lies in who controls them and what that means for personal financial autonomy.

Big Government. 

In a groundbreaking announcement, Mark Zuckerberg declared yesterday that Meta will be ending its use of content moderators, signaling a major shift towards free expression on its platforms.

This decision couldn't come at a better time for those of us in the banking sector, particularly for those who have been vocal advocates for financial freedom and the right to hold one's political views without fear of reprisal.

On December 23, 2024, a three-judge panel of the Fifth Circuit Court of Appeals lifted U.S. District Judge Amos Mazzant’s nationwide block of the Corporate Transparency Act.

Bad news came down the wire for small business owners on Monday, December 23, 2024, when a three-judge panel lifted the nationwide block of the Corporate Transparency Act, which we’ve discussed recently on our blog. Judge Mazzant of the US District Court for the Eastern District of Texas granted a preliminary injunction against the CTA, ruling that it falls outside of Congress's powers. That injunction is now lifted, and the CTA is back. 

The Consumer Federal Protection Bureau (CFPB) has filed a lawsuit against three massive banks and the operators of Zelle, Early Warning Services, for failing to protect Americans from fraud on the Zelle network. The suit alleges that three of the banks that own Zelle – Chase Bank, Bank of America, and Wells Fargo Bank – did not implement proper safeguards against payment fraud on the app and also failed to adequately investigate complaints of fraud or assist customers in recovering their money. The banks even told consumers they should contact the fraudsters (i.e., the criminals) directly to get their money returned.

Old Glory Bank Announces Mini-IPO of Old Glory Holding Company

Old Glory Holding Company Offers Limited Ownership Opportunity with a Minimum Investment of Only $63 (Deuteronomy 6:3)