Ascend Bank Newsroom

Woman and man in suits and hardhats shaking hands in a warehouse
December 30, 2024
Selecting a banking partner isn't just about choosing the best business bank account; it's about finding a relationship that can help steer your manufacturing business toward sustainable growth. Here are some considerations to take into account when searching for the right-fitting banking partner for your business needs.
read more
Man in hard hat sitting down while operating manufacturing machine
December 23, 2024
In the manufacturing industry, having quick access to funds can be the difference between seizing an opportunity or watching it pass by. As manufacturers strive for greater efficiency and market resilience, leveraging a business line of credit becomes a strategic financial tool. This article explores how business lines of credit can empower manufacturing businesses to manage supply chain disruptions, scale production, and maintain operational continuity.
read more
Woman and man using laptop in warehouse
December 23, 2024
In the world of manufacturing, keeping a steady flow of cash is important for business success and growth. Manufacturing companies can sometimes find this challenging because their operations are complex, and demand can fluctuate a lot. In this article, we'll discuss some essential strategies for managing cash flow, especially for manufacturing businesses, that can help them succeed even when the economy is uncertain.
read more
Woman and man in hardhats discussing blueprints in warehouse
December 19, 2024
As manufacturing facilities strive to stay competitive, meet rising demands, and incorporate cutting-edge technology, expansion becomes inevitable. Whether it involves upgrading equipment, expanding physical space, or increasing workforce capabilities, expansion requires significant financial investment. In this article, we will review the top financing solutions available to manufacturing facilities, enabling them to expand efficiently and sustainably.
read more
Woman on her phone paying with credit card in a coffee shop
December 19, 2024
When the Federal Reserve, often called "the Fed," changes its rates, it can impact not just banks, but everyone who uses them - including regular people. However, how much these changes affect the interest rates you pay is not always a clear case of cause-and-effect. In this article we’ll help you understand how federal interest rate changes might influence consumer interest rates.
read more
Smiling man wearing a hardhat while operating machine in warehouse
December 17, 2024
Manufacturing companies often face the challenging task of managing seasonal demand. Whether it’s snow gear facing a surge in winter or grilling equipment popular in summer, manufacturers must develop effective strategies for managing seasonal production needs to successfully meet these demands.
read more
Smiling woman and man shaking hands with an advisor
December 17, 2024
As the manufacturing sector confronts unique challenges in today’s economic climate, a strategic partnership could unlock unprecedented opportunities for growth and resilience. This article explores how the manufacturing industry can partner with community banks to drive mutual success, strengthen local economies, and navigate the complexities of the modern economic environment.
read more
Mother holding young daughter while shopping at a winter market
December 10, 2024
The holiday season is a magical time, filled with festive gatherings, gift-giving, and cherished moments. However, it can also be synonymous with overspending. As we get caught up in the spirit of giving and celebrating, it’s easy for expenses to spiral out of control. Fortunately, by utilizing debit cards as your primary form of payment, you can maintain financial discipline without sacrificing holiday cheer.
read more

Discover More with Ascend Bank

GSB Board & Leadership Team

BOARD & LEADERSHIP TEAM

Meet the leadership team that helps the Ascend Bank community bank better.

LEARN MORE
GSB Awards

AWARDS

Don’t just take our word for it—see the awards Ascend Bank has earned over the years.

GSB Community Partner

COMMUNITY PARTNER

We’re proud to serve the Connecticut community. Learn more about how Ascend Bank is proud to be a community partner.

LEARN MORE