Does this bank stand a chance?
A very interesting story came into our inbox over the weekend…
Apparently the smallest bank in the country resides in a small town known as Oakwood, Texas. With a population of only 512, the median resident age is a decade older in Oakwood than the rest of the state. Maybe it’s these older residents that keeps this bank in business.
Oakwood bank has been around for over 100 years and employees 2 full time staff members along with the president, Rodey Wiley. Forget about going green, Oakwood bank refuses to use computers and provide online banking options to it’s customers. In fact the only piece of “modern technology” used is a typewriter/calcualtor which was manufactured “before Bill Gates was born.”
It’s open for 5 hours a day and the speed of operation seems to move at a snail’s pace…
August 25th, 2009 at 11:28 am
this is how they do things in texas