Welcome to NSB Bank Online!

Located at the top of Iowa, NSB Bank has been taking care of their valued customers for over 80 wonderful years. NSB is independently owned -- That means quick decisions, greater flexibility and quicker response time for your requests.


Mission Statement

While meeting the financial needs of our customers is the prime responsibility of every employee, we are committed to providing a level of service second to none.

We pledge, every minute of every day, to make banking an enjoyable experience and to make the NSB experience a warm and refreshing break in our customers’ otherwise demanding lives.

 NSB Trailer




 Shazam Bolt




















  • 1933 Bank organized by local investors.

  • 1954 Kermit S. Paulson and his father K.S. Paulson, Joice banker Purchased controlling interest in Northwood State Bank.

  • 1964 Kermit S. Paulson death.

  • 1966 Glenn O. Emmons named Executive Vice President Mrs. Velma Paulson named President.

  • 1972 Constructed a new 4,000 square foot building in Northwood.

  • 1973 Kary S. Paulson joined the bank as VP & Cashier.

  • 1976 Total assets of the bank surpass $25,000,000.

  • 1987 Kary S Paulson named President.

  • 1989 Velma Paulson death.

  • 1991 Northwood State Bank purchased the deposits of American Federal Savings & Loan, Regency Branch, Mason City, Ia Changed the name to Northwoods State Bank.

  • 1992 Remodeled an adjacent building in Regency to expand their Facilities in Mason City to 2,700 square feet.

  • 1993 Total assets of bank surpass 50,000,000.

  • 1995 Northwoods State Bank purchased the deposits of Metropolitan Federal Savings and Loan, Northwood Iowa branch.

  • 1998 Kirk S. Paulson joined the bank at the Regency branch as VP.

  • 1999 Announced the plans to acquire Hardees and build a 7,300 sq. foot building on Mason City’s West Side. Anticipated completion date is May 2000. Mobile banking facility will be on site June 1st.

  • 2000 Kary S. Paulson named Chairman and Tom Quinlan President Kris S. Paulson joins bank as Network and IT administrator.

  • 2001 Total assets of bank surpass $75,000,000.

  • 2003 Truman Hengesteg and Donald Janssen leave the board of directors and are replaced by Dean Moretz and Mark Davidson.

  • 2007 Total assets of bank surpass $100,000,000.

  • 2008 Northwoods State Bank - 75 years in Banking 1933-2008.  Terry Steinmetz leaves the board of directors and is replaced by Dan Hendrikson.

  • 2009 Total Assets of bank surpass $125,000,000. 

  • 2011 Total Assets of bank surpass $150,000.000.
  • 2013  NSB celebrates 80 years in Banking 1933-2013. Assets surpass 175,000,000. Tom Quinlan retires from Bank in December and continues to serve on Board of Directors. Kirk Paulson named President and CEO.
  • 2013 Name of bank officially changed from Northwoods State Bank to NSB.
  • 2014 Kris S Paulson and Aaron Carmen joined the Board of Directors of bank.
  • 2014 Total assets of bank surpass 175,000.00