Introduction
Welcome to Ascend, your trusted partner in financial wellness since 1951! Located at 303 Sourth Parrish Pl, Hendersonville, TN 37075, we have proudly served our community for over seven decades, helping more than 246,410 members achieve their financial goals. At Ascend, we understand that every dollar matters. That's why we manage a robust portfolio with total assets exceeding $4.38 billion and total deposits of around $265 million. Our commitment to you goes beyond numbers; it's about building relationships and fostering a sense of community. Under the leadership of our CEO, Matthew Jernigan, and Board President, Mark Rigney, we strive to offer services tailored to meet your unique needs. Whether you're looking for personal banking solutions like checking and savings accounts or financing options such as auto loans and mortgages, we've got you covered. While members can visit us at our branch in Hendersonville, official correspondence should be sent to the same address: 303 Sourth Parrish Pl, Hendersonville, TN 37075. Our team is dedicated to providing support whenever you need it, whether through our online platform or in person. With total loans amounting to 142,709 and cash in hand reaching approximately $42.4 million, we're well-equipped to assist you in making informed financial decisions. We also offer a variety of digital banking services for your convenience, ensuring you can manage your finances anytime and anywhere. At Ascend, we believe that together we can achieve great things. Join us on this journey toward financial empowerment! For inquiries or assistance, feel free to call us at 931-455-5441. We look forward to welcoming you into our family!
Financial Strength
At Ascend, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are dedicated to maintaining robust financial health, ensuring that you can rely on us for your banking needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $612,924,490, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13.97% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,166,758,318 in share certificates and $380,916,232 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $5,696,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $573,821,285 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to supporting your financial goals is evident as we provide $44,784 in used auto loans and $3,127,764,056 in total loans and leases. Our operational efficiency is reflected in our $14,877,047, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 631 full-time employees and 12 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $3,904,557. Total Share and Deposit Accounts: 473,445, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ascend is your trusted partner. Visit us at 303 Sourth Parrish Pl Hendersonville Tn 37075 or call (931) 455-5441 to learn more about how we can help you achieve your financial goals.
