The newly rebranded Ascendia Bank in Glen Rock, N.J., has a new leader.
The $394.1 million-asset Ascendia, previously known as Glen Rock Savings Bank, said in a press release that John Allen IV will become its president and CEO on Aug. 25.
Allen, who was recently chief financial officer at New Jersey Community Capital, will succeed Ferdinand Viaud, who will serve as an adviser before retiring in January. Viaud will remain on the board.