Ascend Bank
Headquartered in Guilford, CT. Part of Ascend Mutual Holding. FDIC certificate #18194 · Federal Reserve RSSD 831008.
Total assets
$1.5B
Deposits
$1.3B
Q2 2026
Active branches
13
Closings since Jan 2020
1
3 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$4M
Return on assets
1.03%
Return on equity
10.37%
Noncurrent loan rate
0.50%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
12026
Values in $ billions, June 30 of each year.
Closings by year
12026
Openings by year
22021
12025
Other network changes since 2020
- 5 branches acquired through purchases or mergers
- July 1, 2025: legal name changed from “The Guilford Savings Bank” to “Ascend Bank”
Branches by state
Recent closings
- 494 OLD TOLL RD · closed July 1, 2026
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.ascend.bank.