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All the United States Missouri Clinton Tightwad Bank
Tightwad Bank is permanently closed.

This entry remains in the Atlas as a record of its history, but it is no longer accessible to visitors.

Tightwad Bank

This small town bank is very aware of its name thank you very much.

Clinton, Missouri

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Joshua Foer
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Tightwad Bank   Granger Meador on Flickr
Tightwad Bank   NoellaSue / Atlas Obscura User
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About

Located in the small Missouri village of Tightwad, the Tightwad Bank was able to capitalize on its cheeky name, and is now responsible for over $20 million dollars worth of deposits. 

The one-mile-square village of Tightwad supposedly takes its name from an incident in which a shopkeeper demanded an additional 50¢ in a transaction involving watermelons. The bank was originally opened in the town opened in 1984 as an offshoot of a larger institution, realizing the draw its name could bring. However, after an initial period of success, a large deal fell through and the bank fell into decline, further suffering from multiple robberies in the 1990s. By 2006, the bank had shuttered its doors.

However, the opportunity was too good to let it disappear forever and in 2008 it was reopened as a private institution complete with FDIC insurance. The new owners welcomed customers with a sense of humor and vocally tried to draw attention to their speck of a village's hilarious new bank. Their attitude worked and they were eventually even able to open a second Tightwad Bank outside of the village.

Thanks to notoriety from various media sources, the Tightwad Bank has now seen around $20 million in deposits across its two locations and that kind of money is no laughing matter.   

 Update July 2018:  The bank has been closed for a couple years.  The property's current owner has said it will reopen as antique store.  

 

 

 

 

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Added By

Josh

Edited By

Martin, mikejmerwin, NoellaSue, EricGrundhauser

  • Martin
  • mikejmerwin
  • NoellaSue
  • EricGrundhauser

Published

March 13, 2013

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Sources
  • http://en.wikipedia.org/wiki/Tightwad,_Missouri
  • http://www.washingtonpost.com/wp-dyn/content/article/2008/08/17/AR2008081702195.html
Tightwad Bank
1160 SE Hwy 7
Clinton, Missouri, 64735
United States
38.309235, -93.544899
Get Directions

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