Ascend Bank Newsroom

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 […]

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.