GSB Newsroom

Financing a construction project is quite different from purchasing an existing home, and it requires a special type of loan designed to cover the costs of building from scratch. This comprehensive guide will take you through the details of construction loans, from defining what they are, to explaining how they work, and offering tips on how to secure one.

Securing a construction loan is a critical step that ensures you have the necessary funds to bring your project to life. Understanding the construction loan process from pre-approval to project completion is key to a successful building experience. In this guide, we'll walk you through each step, providing clarity and tips to help you navigate this complex process.

When it comes to building your dream home or embarking on a significant renovation, a construction loan can be an essential tool to make your vision a reality. However, qualifying for a construction loan can be a more complex process compared to a traditional mortgage. Lenders have specific criteria they look for to mitigate risks […]

Year after year, many of us are reassessing our financial goals, whether it's paying off existing debt, renovating a home, investing in new business opportunities, or planning for major life events like education and retirement. One strategic financial tool that can help you achieve these goals is a Home Equity Line of Credit, more commonly known as a HELOC.

Businesses of all sizes are increasingly embracing online and mobile cash management solutions. Here we’ll explore the benefits, features, and future of online and mobile cash management solutions including how businesses can leverage these technologies to optimize their financial strategies.

In 2024, GSB continued to strengthen its deep-rooted commitment to the communities we serve, marking another year of meaningful impact, engagement, and support. Our dedication was evident through substantial financial contributions, employee volunteerism, and steadfast partnerships that uplifted local organizations and the people they serve. GSB’s commitment to philanthropy was reflected in more than $310,000 […]

As we approach our 150th anniversary this year, we prepare to enter another new chapter in our history—one that honors our legacy, continues our commitment to community and embraces an exciting future. Looking back on 2024, we reflect on a year of progress and innovation. Our commitment to enhancing client experience led to the launch […]

GSB (Guilford Savings Bank) is proud to announce that it will change its name to Ascend Bank, a name that embodies its commitment to helping individuals, families, and businesses achieve financial heights. This rebrand marks the next chapter in GSB’s 150-year legacy of trust, service, and community-focused banking that continues on stronger than ever. “This […]