Ascend Bank Newsroom

When it comes to business financing, choosing the right type of loan can significantly impact a company's ability to thrive and grow. Here we’ll explore the differences between conventional Term Loans and Business Express Loans, examining their respective roles, benefits, and considerations to help business owners in making informed financing decisions.

Building a budget that can withstand economic fluctuations isn't merely a reactive measure but a proactive approach to ensuring long-term financial health. In this article, we’ll explore strategies for creating a strong financial blueprint to help provide peace of mind no matter what the economy throws your way.

One often-overlooked option is to secure a construction loan through a community bank. Community banks offer a variety of benefits that can often outweigh those provided by larger, national banks or alternative financing options. Let’s break down some of the distinct advantages of choosing a community bank for your construction loan.

GSB proudly announces the promotion of Kyle J. Eagleson as President & CEO. This follows the planned succession from Timothy P. Geelan, who retired as Chief Executive Officer on April 1, 2025.

Community banks like Ascend play a pivotal role in reinforcing local economies and fostering community unity. These institutions don’t merely function as financial service providers; they’re instrumental in uplifting cities and towns, nurturing entrepreneurship, and enhancing the quality of life for residents. Our impact, at a glance: $781 million in Small Business loans $6.8 billion […]

Embarking on a construction project, whether it’s building your dream home or renovating your current space, is an exciting yet daunting venture. When it comes to construction loans, there are two primary options available: fixed-rate and adjustable-rate loans. Understanding the details of each can help you make a well-informed decision that aligns with your financial goals and risk tolerance.

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.

Renovating or remodeling a home can be an exhilarating journey filled with potential, creativity, and transformation. It’s an opportunity to enhance the personality of your living space, improve functionality, and potentially increase the property’s market value. However, funding such projects can be a challenge, particularly when the costs start to escalate. This is where renovation […]