By  Updated on Thu Feb 16, 2012

Hilarious Bank Names: What Were They Thinking?

Hilarious Bank Names: What Were They Thinking?

Most banks carry mundane bank names, which is understandable for an industry in the serious business of handling money. But there are some bank names that are wacky — either deliberately or not. Whatever the reason, they’re funny.

These are our five favorite funky finance names. All are, or were, real FDIC-insured banks:

Redneck Bank

Contrary to the name, Redneck Bank doesn’t cater only to poor, uneducated white farmers in the South. The derogatory term is employed by the bank for a good laugh and a “funner” banking experience.

Redneck Bank was created in 2007 as the online banking unit of Snyder, Okla.-based Bank of the Wichitas. Besides its name, Redneck Bank is popularly known for its rewards checking and money-market accounts — both of which tend to offer highly competitive interest rates.

The bank has sent beer-can holders to new depositors and its spokesman/mascot is a horse…or a mule or something like that. What do we know? We’re city folk here.

Tightwad Bank

Misers looking for a bank brand that complements their tightfisted habits need not look further than Tightwad Bank.

Tightwad Bank is named after the small town of Tightwad, Mo. The bank was founded in 1900 as Reading State Bank, but adopted the new name after opening a full service branch in Tightwad in 2008.

The town supposedly got its name from a postmaster. The story tells that a postmaster bought a watermelon at a store and was going to pick it up at the end of the day. During the day, the storekeeper sold the watermelon to another customer with a better offer. Returning to no watermelon, the angry postmaster renamed the town “Tightwad.”

Moody National Bank

Imagine having to look for a smile, or frown, on the banker’s face to gauge the quality of service on a particular day – no one would want that.

Luckily for customers, Galveston, Texas-based Moody National Bank is not a place where the banking experience is entirely determined by the emotional state of the branch staff.

Formerly called City National Bank, the bank changed its name to honor its principal founder, William L. Moody, Jr., in 1953.

Blue Ball National Bank (inactive)

As suggestive as the name may be, this bank was not a repository institution for male body parts in a state of unsatisfied love-making excitement.

Blue Ball National Bank was named after Blue Ball, Pa. In 2005, the bank merged with CommunityBanks, which then went on to merge into Lititz, Pa.-based Susquehanna Bank.

The town’s name originated from an 18th-century Irishman, who built an inn and hung a blue ball outside it. It eventually led locals to name the town Blue Ball.

The First National Bank of Intercourse (inactive)

Don’t confuse the First National Bank of Intercourse for the country’s first establishment for the world’s oldest profession. It’s just another bank that happened to operate in an awkwardly-named town.

First National Bank of Intercourse was headquartered in Intercourse, Pa. Established in 1908, the bank merged into Susquehanna Bank in 1972.

There is no definitive origin for the town’s name … but it’s worth noting that when you get there, you’re 8 miles away from Blue Ball.

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  • jrbnbos

    What about Flushing Savings Bank in New York??

    • http://www.mybanktracker.com Simon Zhen

      Another bank named after the region that it serves. It was considered, but it didn’t make the cut.

      • Nikontwo

        My favorite was the former bank in Banks county GA. It was the Bank of Banks.

        • http://pulse.yahoo.com/_B3EZKGMUQL4CP35BVQ3VTUA3UU Rick

          I’ve always liked the “Fifth Third Bank” a real bank that still exists.

          • http://www.mybanktracker.com Simon Zhen

            Fifth Third Bank came from the merger of Third National Bank and Fifth National Bank.

            According to Wikipedia, the merger occurred when prohibitionist ideas were gaining popularity — which avoided “Third Fifth” from being construed as three “fifths” of alcohol.

  • Magelone

    My favorite is Rabobank. Go ahead, say it out loud

    • Jimlanepa

       We have an M&T Bank — say that out loud…

  • Larry

    I alays thought the 5/3 bank was about as stupid a name as I have ever heard.

    • ITMonkey

      That’s big in mid-Michigan where I used to live.

      Not only was the bank dumbly named, it also had really high fees years ago when the economy was in better shape. Only people with money to waste banked there.

      It also has a retarded domain name: 53.com. Which reads FIFTY THREE. It should be 5th3rd.com. Moronic.

    • Lady_antares

      I agree. Fifth third…what on earth does that even mean?? I used to bank there when I was a college student in Ohio…it wasn’t a particularly great bank to do business with, as I remember. High fees, endless problems in trying to close my account, etc.

  • Bertjs

    In Virginia we have M&T Bank.  Why would anyone put their trust in an “empty” bank?

  • 4_eternal

    Intercourse was founded in 1754. The community was originally named
    Cross Keys, after a local tavern. Intercourse became the name in 1814.
    The village website gives several theories for the origins of the name.

    “Another theory concerns two famous roads that crossed here. The Old
    King’s highway from Philadelphia to Pittsburgh (now the Old Philadelphia
    Pike) ran east and west through the center of the town. The road from
    Wilmington to Erie intersected in the middle. The joining of these two
    roads is claimed by some to be the basis for the town ‘Cross Keys’ or
    eventually ‘Intercourse’.[1]
    A final idea comes from the use of language during the early days of
    the Village. The word ‘intercourse’ was commonly used to describe the
    ‘fellowship’ and ‘social interaction and support’ shared in the
    community of faith, which was much a part of a rural village like this
    one.”

  • bostonlou .

    what about Watch Over Ya

    or as they spell it… Wachovia

  • http://twitter.com/FinancialBrand The Financial Brand

    There is a Leatherstocking Credit Union.
    http://www.lsrfcu.org/

  • http://twitter.com/FinancialBrand The Financial Brand

    Village Peoples Credit Union
    http://www.vpfcu.com/

  • RecoveringBanker

    Blue Ball Bank failed due to lack of deposits. (Thank you…I’ll be here all night.)

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