Monday, December 10, 2007

City of Tightwad


Perhaps you have heard of it. Perhaps not, but there is a small town in Missouri called Tightwad. It had a bank, until earlier this year, that was owned by UMB (United Missouri Bank). The bank though carried the Tightwad name, and people from California to Massachusetts opened checking accounts there just to have "Tightwad Bank" printed on their checks.

Well good news may be on the horizon.

A new Tightwad Bank would be the Missouri branch of the $13 million Reading State Bank in Reading, Kan., should regulators approve its application. The bank is headed by former UMB banker Don Higdon, who is Reading’s chairman.

Higdon acknowledged the application for a Tightwad branch but deferred public discussion of his plans until the approval process is complete.
- Kansas City Star


I have never been to Tightwad, even though I have family that lives near there. An Uncle of mine lives in another small town near Clinton and worked in Montrose, but that is as close as I have have been. Someday, I would love to actually visit the town myself.

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