“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

www.oldglorybank.com

Today, Old Glory Bank published its Banking Bill of Rights– a set of five fundamental banking principles on which every American can rely. The Banking Bill of Rights is a direct response to revelations by the Congressional Committee on government overreach that the Department of Treasury was urging banks to flag transactions such as Bible purchases as potential “extremist” indicators.

“Americans are tired of the government overreaching into every area of their lives,” declared author and media personality Larry Elder, who joined Former HUD Secretary Dr. Ben Carson, country music superstar John Rich, former Oklahoma Governor Mary Fallin-Christensen, and others as founders of Old Glory Bank. “Our Banking Bill of Rights represents five principles to protect Americans who bank with Old Glory Bank. We’ve always had these five principles at Old Glory Bank and now they are clearly stated in our Banking Bill of Rights.”

“If your bank doesn’t affirm these same five principles, then it’s time to come to Old Glory Bank,” Elder adds. “And, from what we’ve seen lately from the woke banks, you should come to Old Glory Bank now and protect your freedom.”

Here are the five principles of OGB’s Banking Bill of Rights:

1. Freedom of Association: the right to bank without the risk of cancellation because of your faith, industry, or beliefs.
2. Freedom of Financial Privacy: the right to banking privacy, shielded from improper government snooping.
3. Freedom From Censorship: the right to access online payment apps without the threat of cancellation by big tech censors.
4. Freedom of Lifestyle: the right to banking services without restrictions imposed by a “social credit score.”
5. Freedom of American Values: the right to bank with institutions that respect and support your American values.

Recently, Congressional Select Committee on the Weaponization of the Federal Government Chair, Jim Jordan, revealed that the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) warned financial institutions to flag “extremism indicator” transactions where words like “MAGA” and “TRUMP” or the purchase of faith-based books were involved. According to the subcommittee, the federal government “urged large financial institutions to comb through the private transactions of their customers for suspicious charges on the basis of protected political and religious expression.”

About Old Glory Bank

Old Glory Bank is an FDIC-insured chartered bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea. Old Glory Bank is committed to serving 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; country music superstar, TV host, entrepreneur, and songwriter, John Rich; and former two-term Governor of Oklahoma, Mary Fallin-Christensen. Visit www.oldglorybank.com. We Stand with You. No Matter Where You Stand. Member FDIC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240216021083/en/