Community

At Oradell Day 2024, Ascendia Bank proudly participated in the festivities, connecting with local residents and celebrating community spirit. The team enjoyed meaningful conversations with attendees, sharing insights about their services and commitment to the community. Their presence not only strengthened relationships but also contributed to a successful and memorable event for all involved.

Ten Ascendia Bank employees receive Service Awards from The New Jersey Bankers Association

Glen Rock, NJ – Each year NJ Bankers recognizes the outstanding efforts of its senior members for service to their local communities.  The New Jersey Bankers Association is the leading authority on and advocate for the state’s banking industry. A member-based organization representing institutions of all banking charters that are headquartered or have branches in NJ, its primary focus is representing members’ interests before state and federal government and regulatory authorities.

The […]

Bank’s fifth branch is second location in Bergen County; event featured special financial products, cash prizes and entertainment.

Glen Rock, NJ – Ascendia Bank, a 100-year-old northern New Jersey financial institution formerly known as Glen Rock Savings Bank, recently held a successful grand opening celebration for its new Oradell branch on November 4. Located at 550 Kinderkamack Road, the branch marks Ascendia Bank’s fifth overall and second in Bergen County.

The event amassed a substantial turnout with hundreds of attendees arriving […]

Bank’s fifth branch is second location in Bergen County; event will feature special financial products, cash prizes and entertainment.

Glen Rock, NJ – Ascendia Bank, a 100-year-old northern New Jersey financial institution formerly known as Glen Rock Savings Bank, will host a grand opening celebration for its new Oradell branch on November 4 from 9am-12pm. Located at 550 Kinderkamack Road, the branch marks Ascendia Bank’s fifth overall and second in Bergen County.

To mark the occasion, for a limited time, Ascendia […]

Ms. Kalena brings decades of executive experience with Federal Home Loan Bank of New York to Ascendia Bank.

Glen Rock, NJ – Ascendia Bank, a 100-year-old northern New Jersey financial institution formerly known as Glen Rock Savings Bank, has named recently-retired banking executive Maureen Kalena to its Board. Ms. Kalena spent nearly three decades with Federal Home Loan Bank of New York, where her established successes made her an attractive selection to join the Board of Directors at Ascendia Bank.

Ms. […]

Bibi Singh to manage Glen Rock branch; Aturo Cousar to oversee Oradell branch scheduled to open in September.

Glen Rock, NJ – Ascendia Bank, a 100-year-old northern New Jersey financial institution formerly known as Glen Rock Savings Bank, has appointed two new branch managers – one for its existing Glen Rock location, another for a soon-to-open branch in Oradell. The Oradell branch will be located at 550 Kinderkamack Road.

With over two decades of banking experience, Ms. Bibi Singh has joined Ascendia […]

Hawthorne, NJ – Ascendia Bank, a 100-year-old financial institution formerly known as Glen Rock Savings Bank, has made charitable donations to a variety of organizations in the northern New Jersey communities it serves. The bank’s latest philanthropic efforts include donations to:

• Ridgewood YMCA in Ridgewood ($2,500)
• The Good Shepherd Mission, a drug and alcohol abuse rehabilitation center, in Paterson ($5,000)
• Passaic County Habitat for Humanity in Paterson ($5,000)
• The Apostles’ House, a shelter and social services organization in Newark ($5,000)

[…]

Community banks adapt to changing times to better serve customers, and stay relevant.

Community banks are at a crossroads. Particularly coming out of the pandemic, with its boost in the adoption of digital processes and conveniences in all facets of life, the time to innovate or suffer the consequences – namely, consolidation or closure – is nigh. According to the CSBS 2022 National Survey of Community Banks, the percentage of bankers who said that adopting new tech was “extremely important” doubled […]

10,000-square-foot space to house senior management, accounting and residential and commercial lending departments; office will open to mortgage customers Nov. 14.

Hawthorne, NJ – Ascendia Bank a 100-year-old financial institution formerly known as Glen Rock Savings Bank, will move into a spacious new headquarters at 11 Harristown Road in Glen Rock on November 10th. The new facility will commence operations on Monday, November 14th.

Ascendia Bank’s new headquarters will be the hub for all of the four-branch bank’s operations, including offices […]

Highlights included special Centennial products – 100-Day CD, 18-Month Ascending Rate “Bump Up” CD and Tiered Money Market Accounts – as well as an instant cash promotion, refreshments and giveaways.

Hawthorne, NJ – Ascendia Bank, a 100-year-old financial institution formerly known as Glen Rock Savings Bank, hosted well-attended Centennial Celebration events on Saturday, October 8^th at all four of its branch offices, located at 175 Rock Road in Glen Rock; 250 Lincoln Avenue in Hawthorne; 474 Prospect Avenue in West Orange; […]