North American Savings Bank was founded in 1927 on the principles of strength and security. Today, as a locally-owned bank with more than $1 billion in assets, we continue to do what we do best—provide strong, conservative leadership and profitably navigate the ups and downs of the economy, while providing a safe and secure place for your deposits.
NASB operates nine deposit branch locations, three residential loan origination offices, and one residential construction loan origination office, primarily in the greater Kansas City area. The Bank also originates commercial real estate loans from its headquarters in Grandview, Missouri. Consumer loans are offered through the Bank’s branch network.
North American Savings Bank began as the City Building and Loan Association in St. Louis, Missouri with humility and common sense in the early 1920’s. Peter Kelly, James Pendergast, and John Pew were the founders of our association, and were no ordinary men; President Truman was one of James Pendergast's commanding officers in WWI.
In 1927, the City Building and Loan Association moved to Kansas City, Missouri and the company changed its name to North American Savings Association (“NASA”), also known as the Bank with the “Sign of the Silver Dollar.” Our first office was located at 901 Grand.
A Growing Bank
During the 1930’s and 1940’s, while America was struggling through the Great Depression, the Drought, and World War II, North American Savings Association continued to serve the community. Our success, even in those tough times, allowed us to grow and merge with five other banks.
In 1972, North American Savings Association built a four-story headquarters building in Grandview, Missouri. The building was constructed to accommodate the growing institution.
In December 1985, North American became a publicly traded company and began issuing shares of stock. Today, the Bank’s stock trades on the OTCQX under the ticker symbol “NASB.”
In July 1990, our name officially changed to North American Savings Bank.
In January 1992, North American Savings Bank became a federally chartered stock savings bank. By the end of the year, the Bank had grown to over $500 million in assets.
NASB Financial, Inc. was formed in April 1998 to become a unitary thrift holding company of North American Savings Bank, F.S.B.
After steady growth in the 1990s, North American Savings Bank is now established as one of the area’s leading financial services companies. Today, we are still thriving and have remained profitable through the ups and downs of America’s economy for 87 years, continually emphasizing our commitment to stability and excellence.