Changes in NASB Financial Board: Director Retirement and New Appointment

NASB Financial Board Update: Leadership Changes

On May 6, 2026, NASB Financial, Inc., the financial institution headquartered in Kansas City, made an important announcement regarding its Board of Directors. Linda Hancock, a long-standing board member, has retired immediately from her position. Her departure marks the end of an era since she had been serving as a non-independent director since 1995. Throughout her tenure, Linda provided valuable insights and leadership to the Board, contributing significantly to the company’s growth and development.

Linda’s retirement was not due to any disagreements with the company's management or operations, but rather a personal decision likely influenced by family considerations. Her husband, David H. Hancock, continues to serve as the Chairman of the Board, and the family's connection to the company remains strong.

In light of Linda's departure, the company is excited to announce the appointment of Patrick Hancock to the Board. Filling the vacancy left by his mother's retirement, Patrick will serve for the remainder of her term, which is set to expire in January 2028. As a close family member—being both the son of Linda and David Hancock—Patrick will hold a non-independent director position as determined by the Board.

About Patrick Hancock
Patrick Hancock is well-prepared for his new role on the Board. He currently resides in New York City and is the managing member of Hanland Group, where he invests in and manages multifamily rental properties. His professional background includes significant experience in real estate investment; previously, he worked with Shorenstein Properties, one of the major privately held real estate investment firms in the United States. In this capacity, he focused on the acquisition, development, and management of office and mixed-use properties across various key U.S. markets.

Earlier in his career, Patrick served in the Portfolio Management Group at Hall Capital Partners, a firm that manages substantial capital for endowments, foundations, and families. Patrick has an academic pedigree that includes a master's degree from New York University and a bachelor's degree from Tulane University, equipping him with the knowledge and skills necessary for his role in the financial sector.

About NASB Financial, Inc.
For those unfamiliar with NASB Financial, the company serves as a unitary thrift holding company for North American Savings Bank, which has been providing comprehensive financial services since 1927. Located in Grandview, Missouri, NASB is dedicated to addressing the banking needs of its customers in the Kansas City metropolitan area. It offers a wide range of personal banking, investment, and lending products, alongside competitive residential and commercial mortgage options nationwide.

The Board’s succession planning is a clear indication of NASB's commitment to maintaining a family-centered, stable leadership structure while aiming to embrace new ideas and perspectives through Patrick's appointment. This strategic transition is expected to help propel NASB Financial into its next chapter with continued growth and success.

For more information on NASB Financial and their services, you can visit nasb.com.