North American Savings Bank
North American Savings Bank is a federally chartered savings bank headquartered in Kansas City, Missouri. Established in 1927, it offers retail banking services in the Kansas City metropolitan area and nationwide mortgage lending.
History
The institution was founded in 1927 as North American Savings Association and later became North American Savings Bank. In 1992, it converted to a federally chartered stock savings bank.NASB Financial, Inc., its holding company, trades on the OTCQX under the symbol NASB. The company delisted from Nasdaq in 2014 but continues to publish financial disclosures.
Operations
NASB operates ten branches in the Kansas City and St. Joseph, Missouri, metro areas, and offers checking, savings, and certificate of deposit products.The bank has a "5 Stars" rating from Bauer Financial.The bank is also active in mortgage lending, including conventional and non-qualified mortgage products, such as 1099 loans, bank statement loans, and DSCR loans, and has been recognized in national rankings for its work with self-employed borrowers.
The bank also has an Investment Real Estate lending division, offering commercial real estate loans, including build-to-suit, redevelopment, and ground-up construction loans, as well as residential construction loans such as homebuilder development, acquisition and development, and build-to-rent loans.