Ascendia Bank is a bank based in Glen Rock, New Jersey, established in 1922, with $388 million in total assets across 5 branches. By Trust Grade it ranks 41st of 50 banks we track in New Jersey. Its capital ratio of 9.2% trails most similarly sized banks (33th percentile), versus a New Jersey median of 11.3%. It was profitable over the most recent period, with a 0.14% return on assets. No consumer complaints against Ascendia Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Ascendia Bank compares to New Jersey peers
How we graded Ascendia Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.2% capital ratio)
- Profitable (ROA 0.14%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Ascendia Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 83 Northfield Ave, West Orange, NJ 07052
- 250 Lincoln Ave, Hawthorne, NJ 07506
- 474 Prospect Ave, West Orange, NJ 07052
- 175 Rock Rd, Glen Rock, NJ 07452
- 550 Kinderkamack Road, Oradell, NJ 07649
Are deposits at Ascendia Bank insured?
Yes. Ascendia Bank is an FDIC-insured bank (FDIC certificate #28729). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Ascendia Bank: frequently asked questions
Is Ascendia Bank a good bank?
Ascendia Bank earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Strongly capitalized (9.2% capital ratio); Profitable (ROA 0.14%).
Is Ascendia Bank FDIC-insured?
Yes. Ascendia Bank is a FDIC-insured bank (FDIC certificate #28729). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Ascendia Bank?
Ascendia Bank holds $388 million in total assets, ranking 41st of 50 banks we track in New Jersey. It operates 5 branches.
Does Ascendia Bank have CFPB complaints?
No CFPB complaints against Ascendia Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
