No. Old Glory Bank is an actual, FDIC-insured bank.
You may have seen some of the new “financial service” companies who call themselves “challenger” banks or “neo” banks. These companies are not actual banks, and they are not even allowed to call themselves a bank, which is why “bank” is never in their name. Old Glory Bank is an FDIC-insured, chartered bank. Your money will be safe and secure with us, and we will control who can hold an account—not some other institution behind the scenes. So, bank with a real bank—Old Glory Bank.