NASB Financial, Inc. announced that Paul Thomas, resigned from his positions of a member of the Board of Directors of both NASB Financial, Inc. and its banking subsidiary North American Savings Bank, F.S.B., effective March 25, 2022. Thomas intends to depart the Company on April 30, 2022, after a long and successful career at NASB. Until his departure, Thomas will remain with the Company in a limited capacity to assist in transition and the completion of several projects.

The Company has appointed Thomas B. Wagers, Sr. as President of both NASB Financial, Inc. and North American Savings Bank, F.S.B. Prior to his appointment, Wagers was NASB's Executive Vice-President and Chief Risk Officer. He will continue to serve on the Board of Directors of both NASB Financial, Inc. and North American Savings Bank, F.S.B.