Old Glory Bank Expands Old Glory Alliance to Include Political Fundraising and Introduces Victory Checking Accounts for Political Organizations
“When donations are made with Old Glory Pay, there is no fee and quick settlement -- exactly what political organizations need,” states Old Glory Bank Co-Founder and CEO Mike Ring.
NASHVILLE, TENN. (July 25, 2024) - Old Glory Bank, the pro-America online community bank, announces the expansion of Old Glory Alliance to include political organizations. Old Glory Alliance is Old Glory Bank’s pro-America fundraising platform that will never cancel law-abiding causes for political reasons.
Old Glory Alliance accepts Old Glory Pay (plus other major credit cards), so donors will now be able to contribute to a political organization using a Bank that actually values their values. Old Glory Pay is Old Glory Bank’s proprietary, closed-loop digital payment solution that honors PSL – Privacy, Security, Liberty. There is no merchant fee when donors make contributions via Old Glory Pay. “When donations are made with Old Glory Pay, there is no fee and quick settlement -- exactly what political organizations need,” states Old Glory Bank Co-Founder and CEO Mike Ring.
“At Old Glory Bank, we believe that the strength of America lies in the voices of its people,” says Collin Kingma, Old Glory Alliance product manager. “Donors shouldn’t have to fear being de- banked for supporting certain political candidates, and political organizations shouldn’t be charged excessive processing fees for receiving donations,” continues Mr. Kingma.
“Old Glory Bank’s goal is to bring technology, digital payments, and secure mobile banking to the political sphere,” says Ring. “Political Organizations can now quickly open a Victory Checking Account at Old Glory Bank and start a political donation page on Old Glory Alliance. Instead of the weeks it may take at other financial institutions, Political Organizations can be banking at Old Glory Bank and lawfully accepting donations in days,” adds Ring. “Old Glory Alliance and Victory Checking Accounts exist to make the political process quicker, safer, and more efficient for political organizations and donors who believe that their bank has no business in their politics,” concludes Ring.