Three words.
Old Glory Bank.
Old Glory Bank is a micro bank:
Details on Capital
Stock Offerings: Old Glory Bank has actively raised capital by selling shares of its stock. In 2023, it sold shares for $10.44 million, and in 2024, it raised approximately $7 million and pursued a stock offering seeking up to $5 million.
Warrant Exercises: Warrants for Class B Common Stock have also been exercised, adding to the bank’s capital.
Crowdfunding: The holding company for Old Glory Bank is pursuing a Reg A+ crowdfunding campaign to raise up to $35 million, according to Kingscrowd.