NASB History

President Harry S. Truman with James Pendergast 
Photo courtesy the Harry S. Truman Library & Museum

Beginnings

North American Savings Bank began as the City Building and Loan Association in St. Louis, Missouri with humility and common sense in the early 1920s. 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 1930s and 1940s, 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.

New Headquarters

In 1972, North American Savings Association built a four-story headquarters building in Grandview, Missouri. The building was constructed to accommodate the growing institution.

Going Public

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.”

Solid Growth

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 established itself as one of the area’s leading financial services companies. In 2019, NASB consolidated its two Grandview corporate offices to its larger Kansas City headquarters on 104th street in Kansas City, Missouri. Today, our current assets total more than $2 billion.