Most legends surrounding the town’s name tend to trace it to a postmaster who was upset with a cheapskate watermelon farmer who sold a promised melon out from under him for an extra 50-cent profit. But these days, the main draw to this tiny town in central Missouri is its bank—customers from all over the country open accounts here just to be able to send checks with the Tightwad logo on them.
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.
Tightwad offers numerous financial incentives to retain and attract business. At First Down Funding, we provide a quick and easy way to obtain funds for your Tightwad business needs, whether it is a long term funding package or a short term cash funding, our professional and experienced staff are here to help you promptly and accurately. Contact us if you have any questions or conveniently apply online for expedite processing. Need small business funding in Tightwad? call First Down Funding.