FDIC Revises Regulatory Directive for Old Glory Bank
Start here
AI-assisted source synthesis · not an independent investigation.
On November 3, 2026, the FDIC revised its regulatory directive for Old Glory Bank and confirmed that the bank currently meets capital adequacy requirements. Following the revision, the bank remains subject to restrictions on capital operations and business activities; additional Tier 1 capital may be raised through the issuance of common stock, noncumulative perpetual preferred stock, or direct shareholder contributions. However, securities issuances and material transactions remain subject to regulatory review or approval. Existing reports do not provide the specific content of the directive before the revision, nor do they indicate when the restrictions will be lifted.
AI-written from reports · updated 11 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- Banking DiveFDIC revises regulatory directive for Old Glory Bank and confirms its capital adequacy
FDIC has revised its regulatory directive for Old Glory Bank, confirming that the bank currently meets capital adequacy requirements while continuing to restrict its capital activities and business operations. Old Glory may supplement Tier 1 capital by issuing common stock, noncumulative perpetual preferred stock, or through direct capital contributions from shareholders, but securities issuances and significant transactions are subject to regulatory review or approval.
Heat over time
Current heat 7·Peak over the comparable range 10 (Nov 3 03:00)·Change over the comparable range in the last 24 hours –
Trends compare only the same entities that were fully and continuously observed, so the range can be narrower than the current heat statistics. Move the pointer or tap the chart to read hourly heat; arrow keys work on a keyboard.