Oakwood State Bank
Encyclopedia
The Oakwood State Bank, is a small bank with a single branch in Oakwood, Texas
Oakwood, Texas
Oakwood is a town in Freestone and Leon counties in the U.S. state of Texas. The population was 471 at the 2000 census.-Geography:Oakwood is located at ....

 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
1950s
The 1950s or The Fifties was the decade that began on January 1, 1950 and ended on December 31, 1959. The decade was the sixth decade of the 20th century...

 -- without new banking conveniences of recent decade
Decade
A decade is a period of 10 years. The word is derived from the Ancient Greek dekas which means ten. This etymology is sometime confused with the Latin decas and dies , which is not correct....

s. Even account numbers are ignored, for the bank focuses on the customers' names. Wiley's unique bank, which was founded when Theodore Roosevelt
Theodore Roosevelt
Theodore "Teddy" Roosevelt was the 26th President of the United States . He is noted for his exuberant personality, range of interests and achievements, and his leadership of the Progressive Movement, as well as his "cowboy" persona and robust masculinity...

 was U.S. President, has an uncertain future. It was featured on Bob Phillips
Bob Phillips
Robert Leon Phillips, known as Bob Phillips , is an American television journalist best known for his long-running program Texas Country Reporter...

' Texas Country Reporter
Texas Country Reporter
Texas Country Reporter is a weekly syndicated television program hosted and produced by Bob Phillips. It airs in all 22 Texas media markets, generally on weekends, and reruns are broadcast nationally on the satellite/cable channel RFD-TV...

television series on March 29, 2008. as well as on the CBS Evening News
CBS Evening News
CBS Evening News is the flagship nightly television news program of the American television network CBS. The network has broadcast this program since 1948, and has used the CBS Evening News title since 1963....

on April 25, 2008.
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