Ascend Bank Newsroom

Ascend Bank has announced that it will establish a new office at 187 Main Street in downtown Norwich to support loan production, business banking and community development: reaffirming the Bank's longstanding commitment to the city and its continued investment in its future.

Whether you’re trying to build an emergency fund, save for a car, move into your own place or simply get into the habit of setting money aside, it can be tough to know where your money should go. Should you focus on your loans first? Should you save first? Or is there a way to do both?

Moving out on your own is exciting. You finally have your own space, your own routines, and the freedom to make your own decisions. But along with that independence comes a whole new list of expenses — and some of them are probably costs you haven’t had to think about before.

If you’ve ever looked at your credit card statement and thought, “How did I spend that much?” you’re definitely not alone. The good news is that using a credit card responsibly doesn’t have to be complicated. With a few simple habits and a little planning, you can enjoy the benefits of a credit card without letting debt get out of control.

Ascend Bank is pleased to announce the addition of two seasoned commercial lending professionals, Dawn Sandvoss and John-Paul (JP) Aldi, who have joined the bank as Vice Presidents and Commercial Loan Officers.

Building credit from scratch can feel confusing when nobody really teaches you how it works. The good news is that building good credit doesn’t require being wealthy or taking on a lot of debt. In fact, strong credit is usually built through small, consistent habits over time. If you’re starting fresh after college, here’s a realistic, beginner-friendly guide to building credit the smart way.

When most business owners think about a business checking account, they usually focus on the basics: depositing revenue, paying bills, managing payroll, and keeping everyday finances organized. And while those functions are essential, the right business checking account can offer much more than just a place to store your money.

Choosing the right savings account for your small business might not feel like the most exciting financial decision you’ll make — but it can have a bigger impact than you think. Here’s a straightforward guide to understanding what to look for and how to choose a business savings account that supports your small business goals.