| 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]