Peapack Private Bank & Trust Opens New Garden City Office, Expanding Its Private Banking Presence on Long Island

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Peapack-Gladstone Financial (NASDAQ: PGC) announced the opening of its newly completed Peapack Private Bank & Trust office in Garden City, New York, expanding its private banking presence on Long Island and within the broader New York metropolitan market. The Garden City location is positioned to serve successful individuals, families, business owners, professionals, family offices, commercial clients, and not-for-profit organizations with personalized private banking, lending, commercial, trust, and wealth management services.

According to the company, each client is assigned a dedicated relationship manager as a single point of contact, and the new office was designed to provide a welcoming, private environment for in-depth financial discussions. The opening supports Peapack Private’s long-term strategy of combining full-service commercial banking capabilities with a boutique-style, relationship-first private banking experience.

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BEDMINSTER, N.J., Sept. 01, 2026 (GLOBE NEWSWIRE) -- - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce the opening of the Company’s newly completed Garden City office, marking another milestone in the Bank's strategic expansion throughout the New York metropolitan market. The new office reinforces Peapack Private's commitment to serving Long Island's successful individuals, families, business owners, professionals, and institutions with a highly personalized approach to private banking, lending, and wealth management.

Having established a presence in Garden City, Peapack Private now welcomes clients to its permanent office, thoughtfully designed to reflect the sophisticated, relationship-focused experience that defines the Bank.

"Long Island is home to an extraordinary community of entrepreneurs, professionals, and multigenerational families who value trusted advice and enduring relationships," said Andrew Corrado, Executive Vice President and President of Peapack Private New York. "Our continued investment in this market reflects our long-term commitment to serving the region with personalized attention, deep expertise, and bespoke financial solutions that distinguish Peapack Private from the larger, more impersonal institutions. We are proud to expand our presence in Garden City and look forward to becoming a trusted financial partner for clients throughout Long Island."

Unlike traditional banking models, Peapack Private assigns every client a dedicated relationship manager who serves as a single point of contact, coordinating personalized banking, lending, commercial, trust, and wealth management solutions tailored to each client's unique goals.

Michael Fonte, Financial Center Manager of the Garden City office, said the new location was designed to provide clients with a welcoming, private environment where meaningful financial conversations can take place.

"Our new Garden City office represents more than a new location—it reflects our commitment to building lasting relationships," said Michael. "Whether you're looking for personalized banking, strategic lending solutions, or comprehensive wealth management, our team is here to provide the thoughtful guidance and exceptional service that defines Peapack Private. We invite the broader community to stop by, meet our team, and experience what private banking should be."

The Garden City office further strengthens Peapack Private's growing New York presence and supports the Bank's long-term strategy of serving affluent individuals, privately held businesses, family offices, professional services firms, commercial clients, and not-for-profit organizations throughout the region.

Founded in 1921, Peapack Private has earned a reputation for delivering sophisticated financial solutions through enduring relationships built on trust, discretion, and exceptional client service. By combining the capabilities of a full-service commercial bank with the personalized experience of a boutique private bank, Peapack Private helps clients preserve, grow, and transfer wealth while navigating every stage of their financial journey.

Clients and members of the area are invited to visit the new Garden City office to meet the local team and learn more about Peapack Private's relationship-first approach to banking.

About the Company

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $8.0 billion and assets under management and/or administration of $13.9 billion as of June 30, 2026. Founded in 1921, Peapack Private Bank & Trust is a boutique private bank serving successful individuals, families, business owners, family offices, and their trusted advisors through personalized relationships and bespoke banking, lending, wealth management, investment banking, and trust solutions. Distinguished by a relationship-first approach, every client is supported by a dedicated relationship manager who provides thoughtful guidance, seamless coordination, and access to the Bank's full breadth of expertise. The Bank's Wealth Management division delivers sophisticated investment management, fiduciary, tax, estate, and financial planning strategies designed to help clients preserve, grow, and transfer wealth across generations. Defined by discretion, exceptional service, and enduring relationships, Peapack Private is committed to helping clients achieve their financial goals while protecting the legacy they have built. For more information, visit www.peapackprivate.com.

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Contact: Denise M. Pace-Sanders, Peapack Private Bank & Trust, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921 dpace@peapackprivate.com, (908) 470-3322

FAQ

What did Peapack-Gladstone Financial (NASDAQ: PGC) announce on September 1, 2026?

Peapack-Gladstone Financial announced the opening of a new Peapack Private Bank & Trust office in Garden City, New York. According to the company, this office expands its private banking presence on Long Island and supports its strategic growth in the New York metropolitan market.

Where is Peapack Private Bank & Trust’s new Garden City office located and whom does it serve?

The new office is in Garden City, New York, serving Long Island and the broader New York metro region. According to the company, it targets successful individuals, families, privately held businesses, family offices, professional firms, commercial clients, and not-for-profit organizations.

How does Peapack Private’s relationship manager model work for PGC clients in Garden City?

Each client is assigned a dedicated relationship manager who acts as a single point of contact. According to the company, this manager coordinates personalized banking, lending, commercial, trust, and wealth management solutions tailored to the client’s specific financial goals and circumstances.

What services will Peapack Private’s Garden City office offer to PGC clients on Long Island?

The Garden City office will offer private banking, strategic lending solutions, commercial banking, trust, and comprehensive wealth management. According to the company, these services are delivered through a relationship-first approach emphasizing personalized advice, discretion, and long-term financial planning support.

Why is the new Garden City office important to Peapack-Gladstone Financial’s New York strategy (PGC)?

The Garden City office strengthens Peapack Private’s growing New York presence and supports its long-term strategy. According to the company, it enhances the firm’s ability to serve affluent clients and privately held businesses throughout the region with bespoke private banking and wealth solutions.

How does Peapack Private position its Garden City office versus larger banks for PGC investors?

Peapack Private positions the Garden City office as a boutique-style alternative to larger, more impersonal institutions. According to the company, it focuses on trusted advice, enduring relationships, and a sophisticated, private setting for meaningful financial conversations and long-term wealth management.