News & Events

  • Ascendia Bank, Formerly Glen Rock Savings Bank, to Hold Rebranding Celebration at All Branches in Glen Rock, Hawthorne & West Orange – May 14th

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    Event will include a special “Ascending Rate CD” offer, giveaways, refreshments and raffle for a Microsoft® Surface Go 3

    Hawthorne, NJ – Ascendia Bank, formerly Glen Rock Saving Bank, will celebrate its new name and refreshed identity with a Rebranding Celebration on Saturday, May 14th from 9am–12pm at all four branch locations:

    • 175 Rock Road, Glen Rock
    • 250 Lincoln Avenue, Hawthorne
    • 474 Prospect Avenue, West Orange
    • 83 Northfield Avenue, West Orange

    The financial institution has served the personal and commercial banking needs […]

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  • Ascendia Bank Names New Chief Financial Officer, and Additional Board Member

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    Finance veteran Matthew Levinson named CFO; Ridgewood YMCA CEO Ernest Lamour joins Board of Directors

    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 added two senior-level executives to its leadership team.

    First, Matthew Levinson has been named Ascendia Bank’s Chief Financial Officer. As CFO, Mr. Levinson will oversee a broad range of internal finance-related responsibilities, including financial reporting, budgeting, and management of the […]

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  • Glen Rock Savings Bank Rebrands as Ascendia Bank

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    Bank’s new name and corporate identity created to better reflect a wider geographic footprint and an expanded portfolio of products and services. Branch locations, management and staff remain unchanged.

    West Orange, NJ – Glen Rock Savings Bank, which has served the personal and commercial banking needs of northern New Jersey customers since 1922, has officially rebranded as Ascendia Bank, effective as of October 25, 2021. The new name and brand image is not tied to any new ownership or acquisition, nor […]

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  • Three More Local Businesses and Non-Profits Receive Grants Under Federal Home Loan Bank of NY’s COVID-19 Small Business Recovery Grant program

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    Glen Rock Savings Bank recently distributed its third and final round of financial relief per the Federal Home Loan Bank of New York’s (FHLBNY) COVID-19 Small Business Recovery Grant program. GRSB’s latest allotment totaled $30,000 and was presented to two area non-profits and one local business. In total, Glen Rock Savings Bank has distributed $100,000 through the program.

    The FHLBNY’s COVID-19 Small Business Recovery Grant program set aside approximately $2 million to benefit the employees of its Tri-State Area members’ small […]

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  • Per the COVID-19 Relief Program, Glen Rock Savings Bank Issues Grants to Eight Local Businesses and Non-Profits

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    April 28, 2021 – Glen Rock Savings Bank has distributed substantial financial relief to five small businesses and three non-profit organizations throughout northern New Jersey. Totaling $70,000, the direct payments are part of the Federal Home Loan Bank of New York’s (FHLBNY) COVID-19 Small Business Recovery Grant program.

    “As a proud member of the Federal Home Loan Bank of New York, Glen Rock Savings Bank is honored and grateful to play a role in helping organizations financially impacted by the protracted […]

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