North American Savings Bank
| Company type | Public |
|---|---|
| Industry | Banking |
| Predecessor | North American Savings Association |
| Founded | 1927 |
| Headquarters | Kansas City , United States |
Area served | Kansas City metropolitan area; United States (mortgage lending) |
| Parent | NASB Financial, Inc. |
North American Savings Bank (NASB) is a savings institution federally chartered and headquartered in Kansas City, Missouri. Established in 1927, it delivers retail banking solutions within the Kansas City metropolitan region and offers mortgage lending services across the United States.
History
The bank was initially founded as North American Savings Association before transitioning to North American Savings Bank and adopting a federally chartered stock savings bank status in 1992. Its parent company, NASB Financial, Inc., is listed on the OTCQX market under the ticker NASB, after withdrawing from Nasdaq in 2014, while maintaining ongoing financial reporting.
Operations
NASB maintains ten branch locations throughout Kansas City and St. Joseph, Missouri, providing products such as checking accounts, savings accounts, and certificates of deposit. It has achieved a "5 Stars" rating from Bauer Financial.
In its mortgage lending division, NASB focuses on both conventional loans and non-qualified mortgage (non-QM) offerings, including 1099 income loans, bank statement loans, and debt service coverage ratio (DSCR) loans, gaining nationwide acclaim for catering to self-employed clients. The bank’s Investment Real Estate segment offers commercial real estate financing options such as build-to-suit projects, redevelopment initiatives, and ground-up construction loans. Additionally, it supports residential construction financing that encompasses homebuilder development loans, acquisition and development (A&D) financing, as well as build-to-rent (BTR) loan products.