North American Savings Bank


Overview / Commentary
816-765-2200
125Th And South 71 Highway
Grandview, MO 64030

North American Savings Bank is headquartered in Grandview and is the 11th largest bank in the state of Missouri. It is also the 392nd largest bank in the nation. It was established in 1923 and as of December of 2018, it had grown to 446 employees at 11 locations. North American Savings Bank's money market rates are 5X the national average, and it has an A health rating.

Related Posts

NASB High Rate Savings - 2.53% - 1/17/2019

2.53% APY on balances of $50,000 or more. https://www.nasb.com/banking/landing-pages/high-rate-savings/

NASB Adds High Rate Savings, 2.53% APY ($50k-$5m) - 1/9/2019

North American Savings Bank has added a High Rate Savings account that earns 2.53% APY on balances between $50k and $5 million. Minimum opening deposit is $50k.

NASB Ups 12-Month Online CD Special APY - 10/22/2018

North America Savings Bank has upped the rate on its nationally available 12-month CD Special to 2.74% APY. Minimum deposit is $5k and is capped at $1 million.

View all posts from:


Reviews (7)

Easy To Open Account

Fairly fast and easy online application compared to most. The only glitch I ran into was when opening an account and purchasing my first CD with them. After you go through the whole application there is a page where you're supposed to enter the amount of the CD you want, the default is $1,000. For some reason I missed that, so when I got to the end I couldn't change the $1,000 to what I wanted. There is no way to edit it and when I called them they can't do it either so I had to completely start over. This meant calling them and having them wipe my slate clean, clear my cache on computer and create new password and user name. But I'm still giving them a five because even though the place to enter the number didn't stand out to me that could have been just me.

Wonderful Banking Institution

I have had my bank account with NASB for 34 years and my parents has their account with them since 1959. I have never had any problems and they have always been friendly and helpful. I never had any reason to ever change banks which makes it easy to remain loyal to this banking institution.

Great online bank

I was hesitant about opening an online back since being able to see someone in person is so much more personable, however, my experience with NASB has been great. Their rates are competitive and their messaging center is superb. Every time I have emailed with a question, I would receive a response within a few hours. My only issue is that transferring money between accounts does take longer than expected. With my wells fargo account, a money transfer would be seen within a day or two. But with NASB, a money transfer between account took 5 days.

NASB Terms Details

Posted by: barry_NY | Dec 2, 2015

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

Posted by: 1customer | Sep 17, 2018

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.

Terrible Customer Service And Website

Posted by: ramsyas | Mar 22, 2019

Opened a CD account with this bank. After account was opened I wanted to purchase another CD and was told that I could not add a CD to my account, that I would have to fill out a totally new application for a separate account to purchase another CD. Are you kidding?? NEVER in all my years of banking have I heard this nonsense. Website access to my account has been awful, cannot access any info from their site and when I try to download my statements all I get is a blank page. Contacted them via email and get no response! STAY AWAY FROM THIS BANK! THERE ARE LOTS OF BETTER CHOICES

Do Not Use NASB For Your Mortgage!!!

Posted by: cmm325 | Dec 30, 2011

From the beginning it appeared that going with NASB for my mortgage would be a smooth process.  This was far from the truth when it got down to crunch time. I DO NOT recommending contacting NASB for anything at all regarding a mortgage.

 

NASB had 30 days to secure a loan and 38 days to close on my condo.  The day before I was suppose to have a loan commitment I received an email from my loan officer at 3:42PM stating they would be late.  They had to do an extra “field review”.  Mind you my agent said they had never had this problem with the previous 28 units sold in the condo development.  Wells Fargo, NASB’s underwriter, demanded this field review to sign off on the loan.  The review itself was a bit ridiculous itself considering the developments past, but to realize the review needed to happen less than 24 hours before a loan commitment was due?  That’s inexcusable.  NASB was 10 days late securing a loan commitment while up until 2 days before it was due all I heard was “Don’t worry we will get it done on time”.  This caused me to close 8 business days later than I was expecting to.   Also they charged me an extra $325 for an extra appraisal (which was basically just a second appraiser double checking what the first one did) and would not waive that fee even thought NASB was late every single step of the way.

 

In summary, in a time critical process NASB and their underwriter’s weren’t able to meet any sort of a deadline at all.  What good is a decent rating on the BBB website if you can’t meet any deadlines as a mortgage provider??  That’s like being an eight foot ball basketball player and not being able to catch, dribble, or shoot the basketball.  PLEASE use somebody else to secure a loan for your new house or condo to avoid what I had to go through.  NASB failed to meet any expectations I had for them.  I know every company has little slip ups.  This was a major one.  Stay away from NASB for your mortgage if you want to close on your home on time.  Everything NASB was extremely last minute.  Reply to this review and I can email you actual emails from NASB with dates and time stamps on them.



Health

Health Grade Components

Overall
FDIC Certificate #29708
Year Established1923
Employees446
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.52%
Return on Equity - YTD13.06%
Annual Interest Income$103.7MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$2.19B$2.00B
LoansQ4 2018vs Q4 2017$1.98B$1.67B
DepositsQ4 2018vs Q4 2017$1.68B$1.30B
Equity CapitalQ4 2018vs Q4 2017$238.4MM$241.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$20.5MM$18.3MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$13.0MM$10.5MM
Real Estate OwnedQ4 2018vs Q4 2017$5.9MM$6.2MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not North American Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

North American Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.38%*$50k*$5mHigh Rate Savings
OTHER TIERS: 0.10% Any amount
1.31%$15k-Super Saver Account
0.50%*$75k*$1.5mPerformance Savings
OTHER TIERS: 0.10% $1.5m+ | 0.25% $5k - $25k | 0.35% $25k - $50k | 0.45% $50k - $75k
0.45%*$75k*$1.5mSelect III Savings
OTHER TIERS: 0.10% Any amount | 0.20% $5k - $25k | 0.35% $25k - $75k
0.34%$50-Smart Savers Savings
0.14%$100-Statement Savings
0.14%$25-Stepping Stones Savings
0.14%$100-IRA Savings
0.05%$50-Deposit the Difference Savings

North American Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*$25k*$1.5mPremium Money Market (In-branch Only)
OTHER TIERS: 1.77% Up to $25k
2.02%*$25k*$1.5mMoney Market Special (Online-Only)
OTHER TIERS: 0.10% $1.5m+ | 1.77% $1k - $25k
0.70%*$50k*-Money Market Special
OTHER TIERS: 0.50% Up to $25k | 0.60% $25k - $50k

North American Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$5k*$50kProsper Checking
OTHER TIERS: 0.10% Up to $5k | 0.30% $50k - $1.5m

North American Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.84%$1k-36 - 47 Month CD - checking balance $10K+
2.84%*-$1m24 Month Online-only CD Special
OTHER TIERS: 0.10% $1m+
2.84%*$5k*$1m36 Month Online-only CD Special
OTHER TIERS: 0.10% Any amount
2.79%$1k-36 - 47 Month CD - checking balance $2.5K - $10K
2.79%*-$1m12 Month Online-only CD Special
OTHER TIERS: 0.10% $1m+
2.74%$1k-36 - 47 Month CD - checking balance $1K - $2.5K
2.69%$1k-36 - 47 Month CD
2.69%$1k-25 Month CD - checking balance $10K+
2.63%$1k-25 Month CD - checking balance $2.5K - $10K
2.58%$1k-25 Month CD - checking balance $1K - $2.5K
2.53%$1k-15 Month CD - checking balance $10K+
2.53%$1k-25 Month CD
2.48%$1k-15 Month CD - checking balance $2.5K - $10K
2.43%$1k-15 Month CD - checking balance $1K - $2.5K
2.38%$1k-15 Month CD
2.07%*$10k*$1m6 Month Online-only CD Special
OTHER TIERS: 0.10% Up to $5k | 2.02% $5k - $10k
2.02%$1k-7 Month CD - checking balance $10K
1.97%$1k-7 Month CD - checking balance $2.5K - $10K
1.92%$1k-7 Month CD - checking balance $1K - $2.5K
1.87%$1k-7 Month CD
1.16%$1k-60 - 120 Month CD - checking balance $10K+
1.11%$1k-60 - 120 Month CD - checking balance $2.5K - $10K
1.11%$1k-48 - 59 Month CD - checking balance $10K+
1.06%$1k-60 - 120 Month CD - checking balance $1K - $2.5K
1.06%$1k-48 - 59 Month CD - checking balance $2.5K - $10K
1.01%$1k-60 - 120 Month CD
1.01%$1k-48 - 59 Month CD - checking balance $1K - $2.5K
0.95%$1k-48 - 59 Month CD
0.85%$1k-24 - 35 Month CD - checking balance $10K+
0.80%$1k-24 - 35 Month CD - checking balance $2.5K - $10K
0.75%$1k-24 - 35 Month CD - checking balance $1K - $2.5K
0.70%$1k-24 - 35 Month CD
0.35%$1k-12 - 23 Month CD - checking balance $10K+
0.30%$1k-12 - 23 Month CD - checking balance $2.5K - $10K
0.30%$1k-6 - 11 Month CD - checking balance $10K+
0.25%$1k-12 - 23 Month CD - checking balance $1K - $2.5K
0.25%$1k-6 - 11 Month CD - checking balance $2.5K - $10K
0.25%$1k-3 - 5 Month CD - checking balance $10K+
0.20%$1k-12 - 23 Month CD
0.20%$1k-6 - 11 Month CD - checking balance $1K - $2.5K
0.20%$1k-3 - 5 Month CD - checking balance $2.5K - $10K
0.15%$1k-6 - 11 Month CD
0.15%$1k-3 - 5 Month CD - checking balance $1K - $2.5K
0.10%$1k-3 - 5 Month CD

North American Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.84%$1k-36 - 47 Month IRA - checking balance $10K
2.79%$1k-36 - 47 Month IRA - checking balance $2.5K - $10K
2.74%$1k-36 - 47 Month IRA - checking balance $1K - $2.5K
2.69%$1k-36 - 47 Month IRA
2.69%$1k-25 Month IRA - checking balance $10K+
2.63%$1k-25 Month IRA - checking balance $2.5K - $10K
2.58%$1k-25 Month IRA - checking balance $1K - $2.5K
2.53%$1k-15 Month IRA - checking balance $10K+
2.53%$1k-25 Month IRA
2.48%$1k-15 Month IRA - checking balance $2.5K - $10K
2.43%$1k-15 Month IRA - checking balance $1K - $2.5K
2.38%$1k-15 Month IRA
2.02%$1k-7 Month IRA - checking balance $10K
1.97%$1k-7 Month IRA - checking balance $2.5K - $10K
1.92%$1k-7 Month IRA - checking balance $1K - $2.5K
1.87%$1k-7 Month IRA
1.16%$1k-60 - 120 Month IRA - checking balance $10K
1.11%$1k-60 - 120 Month IRA - checking balance $2.5K - $10K
1.11%$1k-48 - 59 Month IRA - checking balance $10K
1.06%$1k-60 - 120 Month IRA - checking balance $1K - $2.5K
1.06%$1k-48 - 59 Month IRA - checking balance $2.5K - $10K
1.01%$1k-60 - 120 Month IRA
1.01%$1k-48 - 59 Month IRA - checking balance $1K - $2.5K
0.95%$1k-48 - 59 Month IRA
0.85%$1k-24 - 35 Month IRA - checking balance $10K
0.80%$1k-24 - 35 Month IRA - checking balance $2.5K - $10K
0.75%$1k-24 - 35 Month IRA - checking balance $1K - $2.5K
0.70%$1k-24 - 35 Month IRA
0.35%$1k-12 - 23 Month IRA - checking balance $10K
0.35%$100-12 Month Fixed IRA - checking balance $10K
0.30%$1k-12 - 23 Month IRA - checking balance $2.5K - $10K
0.30%$100-12 Month Fixed IRA - checking balance $2.5K - $10K
0.30%$1k-6 - 11 Month IRA - checking balance $10K
0.25%$1k-12 - 23 Month IRA - checking balance $1K - $2.5K
0.25%$100-12 Month Fixed IRA - checking balance $1K - $2.5K
0.25%$1k-6 - 11 Month IRA - checking balance $2.5K - $10K
0.25%$1k-3 - 5 Month IRA - checking balance $10K
0.20%$1k-12 - 23 Month IRA
0.20%$100-12 Month Fixed IRA
0.20%$1k-6 - 11 Month IRA - checking balance $1K - $2.5K
0.20%$1k-3 - 5 Month IRA - checking balance $2.5K - $10K
0.15%$1k-3 - 5 Month IRA - checking balance $1K - $2.5K
0.15%$1k-6 - 11 Month IRA
0.10%$1k-3 - 5 Month IRA
Locations

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