Powered by Old Glory Bank, Old Glory Alliance is the first fundraising platform that offers the security of FDIC-insurance*, available exclusively to Old Glory Bank customers. Your funds aren’t held by a private corporation that can ultimately choose what to do with the money raised. Old Glory Alliance protects the funds raised for your cause in an FDIC-insured account at Old Glory Bank, giving you the peace of mind that the money will be available when it’s needed. While only Old Glory Bank customers may start and sponsor a campaign, anyone is welcome to contribute or benefit from an Old Glory Alliance campaign.
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We’ve seen too often that needed funds are “withheld” from the intended recipient simply because the owners of the crowdfunding portal disagreed with the social or political stance of the parties involved. That is unlawful and un-American. Just like Old Glory Bank, Old Glory Alliance is tirelessly dedicated to protecting your Privacy, Security, and Liberty.
When you decide to raise funds for a cause or an individual, you have several ways to approach it. You can use a popular crowd-funding site, you can collect it in your personal bank account, or you can tuck it in an envelope under your mattress. None of those offer you what matters most – Security. What happens if that crowdfunding site decides it doesn’t agree with your politics? Are you really going to give out your personal bank account information to strangers to donate? We don’t even have to outline the risks of the mattress idea!
Old Glory Alliance is powered by Old Glory Bank, the online community bank dedicated to protecting the freedoms our nation was built upon. Your campaign is funded securely and privately through our site, with the money held in an FDIC-insured* account at Old Glory Bank. You are protected from loss or theft, and most of all, you are protected from cancel culture. Old Glory Bank and Old Glory Alliance promise to never cancel a law-abiding customer for exercising their constitutional rights.
It starts with a cause you care about. A charity, a loved one in need, or an idea you wish to support. Begin by creating a Campaign at Old Glory Alliance. Tell the world about the need you’ve identified and your financial goal to support it. The Old Glory Alliance campaign page allows you to share the story of why you are fundraising, along with photos and other details about the need. You are the “sponsor” of the campaign, and the details of the campaign are determined by you. Once your campaign is created, you will manage the campaign through the Sponsor Portal. As set forth in our Terms and Conditions, you will represent and warrant that your campaign is lawful and correct and that the funds will be dispersed and used as reflected in your campaign description. Because Old Glory Bank is FDIC insured, each sponsor will have to provide the same customer information we require to open a bank account.
Your Allies are the donors to your campaign. Once your campaign is created, you will be able to share a link to your campaign by email, text, and on social media. Your allies can learn about your campaign and then easily donate. Donations from your allies are made through your campaign page and are deposited into an Old Glory Bank account. Beneficiaries are the individuals or organizations that benefit from the funds raised in your campaign. A beneficiary could be a family member, a friend, a charity, or a group, such as a group of kids raising money for a mission trip. The beneficiary can also be yourself, in a case such as raising money for a beloved pet.
There is no cost for starting or maintaining your campaign on Old Glory Alliance. If donations are made to your campaign via credit card, we charge a card convenience fee equal to 3.00%. If donations are made to your campaign via Old Glory Pay, there is no fee, so encourage your allies to open an account with Old Glory Bank and donate to your campaign via Old Glory Pay. There may also be fee when you request a disbursement of funds, as follows: (i) no fee if we make a transfer to your personal account at Old Glory Bank, (ii) a fee of $30 if we send a wire, (iii) a fee of $29 if we send a cashier's check, and (iv) a fee of $5.00 if we send a check.
*Standard FDIC coverage is $250,000 per depositor per account type.