GBS – The Oakwood State Bank is a small bank with a single branch in Oakwood, Texas formerly operated by Roddy R. Wiley, Jr. (born c. 1923 – August 6, 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, 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.
On May 15, 2017, Plano Texas-based Oakwood Bancshares announced that it had raised $38 million and had acquired Oakwood State Bank.
– Wikipedia
Since 2016, the bank Oakwood State Bank has been acquired by a Vietnamese company and changed the name to TIN THANH OAKWOOD BANK CORP.