Old Glory Holding Company Acquires First State Bank of Elmore City
March 12, 2022
Old Glory Holding Company has agreed to acquire First State Bank of Elmore City, Oklahoma, a transaction entered March 12, 2022 and expected to close November 30, 2022. The bank will be rebranded as Old Glory Bank and used as the chartered, FDIC‑insured platform for a digital‑first, nationwide retail bank focused on serving lower‑ and middle‑income Americans and patriotic constituencies.
- Buyers
- Old Glory Holding Company
- Targets
- First State Bank of Elmore City
- Industry
- Financial Services
- Location
- Oklahoma, United States
- Transaction Type
- Buyout
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