North American Savings Bank is headquartered in Grandview and is the 10th largest bank in the state of Missouri. It is also the 357th largest bank in the nation. It was established in 1923 and as of December of 2019, it had grown to 477 employees at 11 locations. North American Savings Bank has an A+ health rating.
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1/17 - NASB High Rate Savings - 2.53%
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8/24 - NASB Adds Nationally Available 12-Month CD Special
3/4/15 - NASB North American Savings Bank Reward Rate Drops To 0.60 (Was 2.05%)
1/7/15 - North American Savings Bank Has Competitive Rewards Checking - National
12/12/11 - Special 13-Month CD Rate at North American Savings Bank - Available Nationwide
5/13/11 - North American Savings Bank E-Checking
8/20/10 - Top 14-Month & 23-Month CD Specials at NASB - Available Nationwide
5/8/10 - North American Savings Bank Enters into Supervisory Agreement with OTS
5/4/10 - New 14-Month CD Special at North American Savings Bank - Available Nationwide
5/3/10 - GREAT RATE GREAT TERM TERRIBLE TO DEAL WITH TERRIBLE ONLINE APPLICATION ALSO THAY HAVE NO CONTROL
4/19/10 - Hot CD Rates Available Nationwide at North American Savings Bank
4/18/10 - Hot CD Specials at North American Savings Bank in Missouri
Erik And NASB Is The Best. I Had A Great Experience!
NASB can’t be beat, trust me. I have been a Financial Analyst for a long time and I know numbers. I shopped thoroughly for the best rate and the lowest fees. Refinancing and purchasing homes can be expensive. I’ve seen too many bad deals and I’ve seen a lot of good people get taken advantage of. I refinanced my house with NASB and they were able to lower my interest rate from a 4.75% to 3.5%, no points. I’m going to save so much from interest. It was a no brainer since I plan to live in my home for a long time and pay extra on top of my regular payment so I can pay it off faster. There is no better feeling than knowing you got a great deal.
Erik is simply the best and most honest Sr. Loan Consultant I have ever worked with. I’m from California and my mortgage was with Quicken loans. Quicken and one other lender that I personally know from my city even tried to beat their deal and out of pure honesty, they both called me and told me to go with NASB. They couldn’t even get near his pricing. They use a legit Title company too.
I have 0 complaints and the process was very quick. They closed me in less then 30 days. Back to Erik, he answered all of my questions via phone, text and emails. Even with the time zone difference, Erik still was able to always reply right away. He’s a professional. His credentials and education background prove it. Add him on LinkedIn and you’ll see what I’m saying. No doubt, if I ever want to purchase another house, I’m going with NASB.
I’m going to definitely recommend Erik Rogers and NASB to all of my friends and family. Thank you again Erik.
His email is [email protected]
NASB Terms Details
Was looking into NASB, but found some limits in the details:
$7.50 monthly fee if no activity for 6 months
$1,500,000 Deposit limit then rate drops to 0.1%
Difficult To Put More Than 100K Into Account
Be aware that you can only deposit 100K when you sign up, and can only transfer 20K a day to your account by ACH. To transfer more, you have to wire.
NASB Is An Absolutely Horrible Bank!!!
Do NOT bank with North American Savings Bank!!!!! Their staff is extremely rude. They steal money from deceased account owners, deny it, then hang up on you when you try to address the issue. They deny you any service despite paying outrageous service fees. They blame not being able to help you with anything on “their policies” yet they will never show you what “their policies” are! They already have their mind made up that they will not help you in any way before you even call.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29708 |
| Year Established | 1923 |
| Employees | 477 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.1% |
| Return on Equity - YTD | 19.63% |
| Annual Interest Income | $127.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $2.50B$2.19B |
| Loans | Q4 2019vs Q4 2018 | $2.24B$1.98B |
| Deposits | Q4 2019vs Q4 2018 | $1.66B$1.68B |
| Equity Capital | Q4 2019vs Q4 2018 | $278.4MM$238.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $22.8MM$20.5MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $11.3MM$13.0MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $4.2MM$5.9MM |
