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Old Glory Bank 'severely undercapitalized,' FDIC says

Original: Old Glory Bank is 'severely undercapitalized,' FDIC says The bank has struggled to turn a profit despite growth in depos

The FDIC has determined that Old Glory Bank, an Oklahoma-based lender, is severely undercapitalized. Despite deposits growing from $10 million in 2023 to more than $245 million by the end of 2025, the bank has failed to turn a profit, raising questions about its financial footing and what regulatory steps could follow.

Why now: Regulatory findings of severe undercapitalization at a fast-growing but unprofitable bank spark concern over depositor safety and possible enforcement action.

Old Glory BankFDIC

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• Old Glory Bank is 'severely undercapitalized,' FDIC says The bank has struggled to turn a profit despite growth in deposits from $10 million in 2023 to over $245 million at the end of 2025. https://www. americanbanker.com/news/old-gl… · AlexJimenez@mas.to · 1

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