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Ascendia Bank Opens New Headquarters & Mortgage Lending Center in Glen Rock

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 for senior executives, financial accounting personnel, BSA/Compliance department, and commercial and residential lending teams. The new headquarters will not function as a full-fledged branch, with its customer-facing services geared solely for commercial and residential mortgage lending initiatives.

Notably, mortgage lending services will continue to also be available at each Ascendia Bank branch, as the additional space is meant to address both recent and anticipated growth.

For Ascendia Bank, the expanded footprint is a birthday gift to itself: In October, the institution marked its 100th anniversary with celebrations at its four branches – one in Glen Rock, one in Hawthorne and two in West Orange. Earlier this year, the bank refreshed its corporate identity by rebranding from its former Glen Rock Savings Bank name, a nod to its broader geographic reach and breadth of modern banking services, including internet banking, online bill pay, a mobile banking application and commercial real estate lending.

“The new headquarters is the finishing touch on a highly eventful year for Ascendia Bank,” said President & CEO Ferdinand R. (Fred) Viaud. “The modern headquarters and expanded mortgage lending team is the next step in our ongoing evolution, one that has marked milestones with new services, new financial products and, now, new infrastructure – all to the benefit of our valued customers.”

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About Ascendia Bank

With four convenient, full-service branches in Glen Rock, Hawthorne, and West Orange (two locations), Ascendia Bank serves the personal and commercial banking needs of customers throughout the northern New Jersey area. The bank’s suite of products and services includes personal banking, mobile banking, mortgages, home equity loans and lines of credit, as well as commercial mortgages for multi-family/mixed-use properties. For more information, visit www.AscendiaBank.com. Member FDIC. Equal Opportunity Lender.