| Company type | Public |
|---|---|
| Industry | Banking, Mortgage Lending |
| Founded | 1927 |
| Headquarters | Kansas City, Missouri |
Number of locations | 10 |
Key people | Enrique Venegas (President & CEO) |
| Products | Retail banking, Mortgage lending |
| Parent | NASB Financial, Inc. |
| Website | nasb.com |
North American Savings Bank (NASB) 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. [1] [2]
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. [3]
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. [4]
NASB operates ten branches in the Kansas City and St. Joseph, Missouri, metro areas, and offers checking, savings, and certificate of deposit products. [5] The bank has a "5 Stars" rating from Bauer Financial. [6]
The bank is also active in mortgage lending, including conventional and non-qualified mortgage (non-QM) 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. [7] 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 (A&D), and build-to-rent (BTR) loans. [8]