M&A Deal Summary

Old Glory Bank Acquires First State Bank

On November 16, 2022, Old Glory Bank acquired financial services company First State Bank

Acquisition Highlights
  • This is Old Glory Bank’s 1st transaction in the Financial Services sector.
  • This is Old Glory Bank’s 1st transaction in the United States.
  • This is Old Glory Bank’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2022-11-16
Target First State Bank
Sector Financial Services
Buyer(s) Old Glory Bank
Deal Type Add-on Acquisition

Target

First State Bank

Elmore City, Oklahoma, United States
First State Bank is a provider of financial services to clients throughout America. First State Bank was formed in 1903 and is based in Elmore City, Oklahoma.

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Buyer(S) 1

Buyer

Old Glory Bank

Oklahoma City, Oklahoma, United States
Category Company
Sector Financial Services
DESCRIPTION

Old Glory Bank is a digital-first, chartered, FDIC-insured bank that operates across America to support America, the flag, freedom, the military, and first responders. A banking solution for those who feel marginalized for believing in the greatness of America. Old Glory Bank is based in Oklahoma City, Oklahoma.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

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