Old Glory Bank announced today a 350% increase in home loan closings in March, over February, sharply outperforming the broader mortgage market at a time when mortgage lending activity has declined nationwide.
While elevated mortgage rates and economic uncertainty have caused many lenders to see reduced volume, OGB continues to gain momentum, driven by strong consumer preference for personalized service, privacy-minded lending, and a dedication to strong American values.
“Our March numbers reflect something deeper than timing or trends, and it certainly isn’t luck. Our success shows what happens when you put customers and home-grown values first,” said Cheryl Thompson, Old Glory Bank Vice President of Credit Risk and Operations. “We always keep the customer’s priorities and timelines in focus. They can trust that we’ll not only offer them a great rate, but we also won’t throw unnecessary delays into the mix, and their loan will close quickly.”
Industry reports have shown that nationwide home loan activity softened throughout the first quarter, as affordability pressures and rate volatility sidelined many potential buyers. Against this backdrop, OGB’s growth stands out as a clear indicator of how a different approach builds buyer confidence.
“Many people see buying or refinancing a home as stressful, and dread dealing with corporate mazes. What they love about OGB is the direct contact with their loan expert throughout the process. It cuts the stress measurably,” added Michelle Doran, Director of Sales for Home Loans. “I work with them from pre-approval to closing, and they know they can keep me on speed dial. They won’t get bounced from one department to another like other banks. All I ask in return is an invitation to the first cookout in their new home!”
Old Glory Bank offers conventional home loans, FHA and VA loans, and a suite of home equity and refinance options in all U.S. states except New York. Building on its strong first-quarter performance, OGB expects to deliver record mortgage lending volumes in 2026, despite the market’s downward trends. Bank leadership cites a growing national pipeline, increased brand awareness, and continued demand for relationship-based lending from qualified homebuyers who value patriotism, privacy, and personal guidance.
Says Thompson, “We’re positioned not to just weather market fluctuations, but to grow through them. We believe this year will mark the strongest home lending growth in Old Glory Bank’s history.”
About Old Glory Bank
Old Glory Bank is an FDIC-insured bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea. Old Glory Bank is committed to protecting the Privacy, Security, and Liberty of all Americans. Old Glory Bank was co-founded by some of the leading voices representing freedom and patriotism, including former Secretary of Housing and Urban Development, Dr. Ben Carson; Radio and Television Host Larry Elder; country music superstar, TV host, entrepreneur, and songwriter, John Rich; and former Governor of Oklahoma, Mary Fallin-Christensen. Member FDIC. Equal Housing Lender.
This press release may include certain statements that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “believe,” “continue,” “expect,” “potential,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
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