North Akron Savings Bank was established in 1921 as the North Hill Savings & Loan Company and set up business at Chalker's Landing in the North Hill area of Akron, Ohio. In 1926 it moved down the street to 729 North Main, and in 1951 it moved to its current location on Cuyahoga Falls Avenue. Bank leadership at that time included Dan A. Scanlon, Walter T. Flower, James A. Ensign, Harold A. Vaughn, W. Boyd Huff, C. Emerson Carter, and John McIntosh.
Shortly after its final relocation, the company changed its name to North Akron Savings Association, and in 1997, changed its name to North Akron Savings Bank (NASB).
Akron's North Hill area has gradually transformed from primarily an Italian community to become a microcosm of the city where a variety of persons work and live. The bank has also transformed through the years and now boasts four offices in Summit County. Our employees take pride in belonging to a locally owned company and actively participate in community organizations and events to facilitate the healthy development and growth of our community.
On April 21, 2014, Peoples Bancorp Inc., the parent company of Peoples Bank, and NASB jointly announced the signing of a definitive merger agreement. Under the agreement, NASB will merge with and into Peoples Bank. The combined organization will be the joining of two community banks with very similar cultures.
As NASB directors and management considered the merger, they were ever mindful of the history and tradition of the bank and the resulting effect on its shareholders, employees, and community. Peoples Bank represents the pathway to continue the mission of NASB's founders, and customers will benefit from access to many new products and services including insurance, trust, investments, and a full suit of electronic services.