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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.
Federal investigators have been combing through the financial data - legal consumer transactions – without justifiable cause or legal process. The House Judiciary Committee and its Subcommittee on the Weaponization of the Federal Government, headed up by Chairman Jim Jordan (R-Ohio), has released its interim report, revealing that federal law enforcement conducted broad financial surveillance without warrants.
Under the guise of SAR, “Suspicious Activity Report”, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and the FBI requested the data from multiple financial institutions. Only one is identified as having requested legal process before complying with the request. Other banks voluntarily handed over the information without any sort of search warrant. This unjustified invasion of privacy against law-abiding Americans was tied to specific keywords in their legal consumer transactions. Words like “Trump” and “MAGA,” along with purchases tied to religious retailers and sporting goods stores, were specifically outlined as red flags that may indicate potential extremist behavior.
The committee writes, "Absent renewed safeguards, the federal government and financial institutions will continue to siphon off Americans’ sensitive financial data, place it into the hands of bureaucrats, and erode any remaining semblance of financial privacy in the United States."
Fox News has outlined additional information about the report and its findings, including a copy of the Committee’s document:
Feds conducted 'broad' and 'unjustified' surveillance of Americans' private financial data on Fox News
Feds using banks to surveil Americans' financial data without warrants, House Judiciary says on Fox News
It is precisely this sort of privacy invasion, which we believe has been happening for years and was confirmed by the Subcommittee earlier in 2024, that is the reason behind Old Glory Bank. Law-abiding Americans have a right to their financial privacy, and they have a right to a bank that protects it.
Notice to the Federal Government: IT IS OLD GLORY BANK’S UNWAVERING POLICY THAT WE WILL INFORM CUSTOMERS OF EACH SUBPOENA UNLESS EXPRESSLY PROHIBITED BY LAW (WHICH IS RARE). THEREFORE, DO NOT SEND A SUBPOENA TO OLD GLORY BANK THAT YOU DESIRE TO KEEP CONFIDENTIAL BECAUSE WE WILL NOT KEEP IT CONFIDENTIAL.
“Banking privacy and security, free from government’s prying eyes, are of utmost importance to every American” – Larry Elder, Author, Media Personality, Old Glory Bank Co-founder
“If Old Glory Bank were ever asked, we wouldn’t comply.”
“We will not voluntarily turn your information over to the federal government when they call us.” – John Rich
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.
In a groundbreaking announcement, Mark Zuckerberg declared yesterday that Meta will be ending its us...
Is your bank protecting your privacy, or handing over your data with a simple “please” from the Feds...
THE CONSTITUTIONAL RIGHT TO PRIVACY FOR SMALL BUSINESS OWNERS ENDS ON JANUARY 1, 2025.
Shocking revelations of cooperation between Big Banks and Big Government
In Case You Missed It: Old Glory Bank Opens Up Public Private-Placement for Main Street America
After Revelations of Government Snooping into Banking Transactions, Old Glory Bank Publishes its Ban...
Old Glory Bank Blasts the Federal Government's Intrusion into Americans’ Personal Banking Transactio...
Country Superstar John Rich Delivers Strong Critique of Government’s Intrusion into Americans’ Perso...
Proprietary, cancel-proof system ELMORE CITY, OK—As part of its promise to never cancel law-abiding ...
