Dallas, Texas — According to state and local economic development sources Oakwood Bank plans to invest $658,000.00 to build out 25,645 square feet of new space in Dallas. The company plans to occupy the new space at 8411 Preston Road Floor 6 in Dallas, on or about March 1, 2023. According to the company website Serving Texans since 1900, Oakwood State Bank was charted in Oakwood, Texas. 116 years later, it had the distinction of being the Smallest Bank in the United States. Until a group of seasoned and very experienced bankers came together with a business plan to raise capital from investors, acquire the bank in Oakwood, grow that location, while moving the bank headquarters to Dallas, Texas. Raising $39 Million in new capital, the bank was acquired by the newly formed Oakwood Bancshares on April 17th, 2017. And as they say the fun begins. Be sure to follow us as the amazing story continues through time. Member FDIC

To learn more about Oakwood Bank, visit http://www.oakwoodbank.com/

Company Contact:
Edward Franco, Chief Technology Officer
https://www.linkedin.com/in/edwardfranco/
469-687-2200

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