GSB Newsroom

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 […]

An emergency fund is not just a common recommendation from financial advisors, but a vital component of financial well-being. In this article, we'll explore the significance of an emergency fund and outline steps to build this essential financial buffer.

As I am preparing to step down as CEO on March 31, I want to take a moment to express my deep gratitude to the entire GSB community. It has been an incredible honor to serve this organization for three decades and I am immensely proud of all we have accomplished together. To the Board […]

Securing financing for non-owner-occupied commercial real estate (CRE) hinges on understanding the fundamental elements that lenders scrutinize. Properties designated for investment or rental purposes pose unique challenges and opportunities, prompting lenders to impose stricter criteria for funding. By understanding these key factors, investors and industry professionals can better prepare to meet loan requirements and secure favorable terms.