Community

For nearly 30 years, Ascendia Bank’s new President/CEO, JD Allen IV, and his parents, Alice and John, have volunteered at a local soup kitchen on Thanksgiving Day.  This year at the Salvation Army Montclair Citadel, they handed out winter clothing and served meals to over 100 members of the community.

Industry veteran to help drive and monitor the bank’s financial performance

Hawthorne, NJ – Ascendia Bank (formerly Glen Rock Savings Bank), which has served the personal and commercial banking needs of northern New Jersey customers since 1922, has hired longtime bank finance executive Len Kulesa as its next Chief Financial Officer (CFO). Mr. Kulesa will oversee financial performance and operational excellence for the five-branch bank, working closely with recently appointed President & CEO, John D. Allen IV.

Mr. Kulesa will play […]

Ascendia Bank is proud to share that John Allen IV, President and Chief Executive Officer, has been recognized by NJBIZ magazine as one of its “People to Watch in Finance” for 2025.

In the feature, NJBIZ highlighted Mr. Allen’s appointment as president and CEO of Ascendia Bank this past August, following the leadership of Ferdinand “Fred” Viaud, who will continue to serve as an advisor […]

Jonathan Jacobs named Vice President/Commercial Lending Manager; Paul Skinner appointed Senior Vice President/Chief Information Security Officer.

Glen Rock, NJ – Ascendia Bank (formerly Glen Rock Savings Bank), which has served the personal and commercial banking needs of northern New Jersey customers since 1922, has strengthened its leadership team with the addition of two highly experienced professionals. Jonathan Jacobs has joined as Vice President/Commercial Lending Manager, and Paul Skinner has assumed the role of Senior Vice President/Chief Information Security Officer.

Mr. Jacobs has […]

Longtime President & CEO Fred Viaud to continue as a Board member, as well as advise his successor.

Glen Rock, NJ – Ascendia Bank (formerly Glen Rock Savings Bank), which has served the personal and commercial banking needs of northern New Jersey customers since 1922, has named banking industry veteran John D. Allen IV as its new President & Chief Executive Officer. Mr. Allen will assume his new role on August 25, with longtime President & CEO Ferdinand R. Viaud […]

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. […]