1First off you will need a texture for this tutorial, I used  my wood tutorial to make this wood texture that I'm using.



2Select the Type Tool but make sure you have the type selection picked, Look. Then type your text you want to use. Then go to Edit >> Copy then Edit >> paste.



3Go to Layer >> Layer Style >> Bevel and Emboss and use these setting to make yours look like mine. I also use the stroke option there but with the default settings.