In the early 1900s, there were banks in all the small towns of Oconee County…Bishop, Bogart, Eastville, Farmington and Watkinsville. When the Depression came along in 1929, all the banks went broke and Oconee County was without a bank for the next 30 years. Farmers
In 1958, a group of community leaders recognized the need for a bank in Oconee County and started a process of getting the necessary approval for a state chartered community bank. In 1959, they announced that the FDIC had approved a community bank and Oconee State Bank opened it
Because the local people had lost money in banks that went broke, it was important for the founders to promote the bank as a “locally-owned bank” that would be owned by local citizens who purchased original shares of stock. Thus, it would be a true community bank. One of the strengths of the bank was that it knew its customers and focused on serving the community as well as taking care of its employees and customers.
Today, Oconee State Bank has 4 full-service financial centers located in Oconee County and Gwinnett County, and a commercial loan team in Athens-Clarke county, as well as a website which serves as an “Internet Branch.” In December 2004, the H. Mell Wells Operations Center and Rosella E. Hansford Learning Center were dedicated. Mr. Wells served as President of Oconee State Bank from 1979 until 198
To be essential to the lives, businesses and
Create remarkable experiences that significantly mark the lives of others.
Stewardship: The privilege and responsibility of wisely shepherding our resources
Unity: Believing the best in, Expecting the best from, Seeking the best for, and Telling the best about each other
Collaboration: A culture of teamwork
Excellence: Exceptional performance with a long-term perspective
Service: Consistently creating remarkable service experiences for our customers
Solutions: Empowering our team members to deliver solutions