Oakwood State Bank

Oakwood State Bank
Oakwood State Bank
Industry Banking
Financial services
Headquarters Oakwood, Texas,
United States of America
Key people Owner Roddy R. Wiley, Jr.
Employees 3

The Oakwood State Bank, is a small bank with a single branch in Oakwood, Texas operated by Roddy R. Wiley, Jr. (born ca. 1923 - 6 August 2010 )

It is called the smallest bank in the United States. It serves some six hundred accounts in the same manner that it did in the 1950s -- without new banking conveniences of recent decades. Even account numbers are ignored, for the bank focuses on the customers' names. Wiley's unique bank, which was founded when Theodore Roosevelt was U.S. President, has an uncertain future. It was featured on Bob Phillips' Texas Country Reporter television series on March 29, 2008.[1] as well as on the CBS Evening News on April 25, 2008.[2]

References

  1. ^ "TCR Episode Guide". Texas County Reporter. http://www.texascountryreporter.com/show.htm. 
  2. ^ "The Littlest Bank In America". CBS News. April 25, 2008. http://www.cbsnews.com/sections/i_video/main500251.shtml?id=4047772n. 



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