NASB Financial, Inc. and North American Savings Bank, F.S.B. Announce Management Changes
March 28, 2022 at 02:30 pm EDT
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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.
NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. (the Bank). The Bank is engaged in providing an array of personal banking, investment and lending products in the Kansas City metro area. The Bank offers residential and commercial mortgages. It offers banking solutions including checking accounts, savings accounts, certificates of deposits (CDs), money market accounts, mortgage loans and commercial loans. Its lending activities include home loans, mortgage refinances, mortgage programs and mortgage customer service. Its investment real estate lending includes commercial real estate loans, construction and development loans, individual retirement account lending and investment property loan. Its branches are located in Grandview, Lee's Summit, Independence, Harrisonville, Kansas City, Platte City, Excelsior Springs, St. Joseph and Lexington, Missouri.