Bank · FDIC insured
Ascendia Bank
Top CarrotA $395.3M bank headquartered in Glen Rock, NJ, with 5 branches in New Jersey. Best rates: CDs 4.20% and savings 1.50% APY.
Ascendia Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 86% of U.S. banks and credit unions
#26 of 161 in New York, NY-NJ metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Ascendia Bank
Established in 1922 as The Building and Loan Association of Ridgewood, the bank was formed to provide local New Jersey residents a safe place for savings and residential home mortgages.
Formerly known as Glen Rock Savings Bank, the institution acquired Llewellyn-Edison Savings Bank in 2015 and rebranded as Ascendia Bank in 2021.
Headquartered in Hawthorne, New Jersey, the bank operates four branch offices in Glen Rock, West Orange, and Hawthorne.
- Headquarters
- 175 Rock Rd, Glen Rock, NJ 07452
- FDIC certificate
- 28729 ↗
Branches
5 branches in New Jersey
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New Jersey
5 branches
- Ascendia BankMain office175 Rock Rd, Glen Rock, NJ 07452Directions
- 250 Lincoln Avenue Branch250 Lincoln Ave, Hawthorne, NJ 07506Directions
- Oradell Branch550 Kinderkamack Road, Oradell, NJ 07649Directions
- 83 Northfield Ave Branch83 Northfield Ave, West Orange, NJ 07052Directions
- Llewellyn-Edison Savings Bank Branch474 Prospect Ave, West Orange, NJ 07052Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.29% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.13% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.24% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $101 | $81 | — |
- CapitalLeverage ratio9.29%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.13%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.24%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$101Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Ascendia Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.