Founded in 1921, Peapack-Gladstone Bank is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management*, investment banking**, commercial and personal solutions. Peapack Private, a division of Peapack-Gladstone Bank, offers comprehensive financial, tax, fiduciary and investment advice and solutions, to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service. Visit www.pgbank.com and www.peapackprivate.com for more information. Deposit products and related services are offered by Peapack-Gladstone Bank, Member FDIC. Equal Housing Lender. *Not FDIC Insured - No Bank Guarantee - May Lose Value **Securities offered through our affiliated broker dealer, PGB Securities, LLC., member FINRA.
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We were thrilled to host our inaugural NYC client welcome event in July, right outside our new location at 300 Park Avenue, at Inside Park at St. Bart's. Despite the heatwave, the introductions and positive energy were unstoppable as we celebrated Peapack Private’s arrival in the Midtown! We look forward to hosting more events and welcoming you to the Peapack Private family. #privatebanking
Peapack Private's John Creamer reported that financial markets were entering a seasonally more challenging period. From a trading perspective, U.S. equity markets finished the month of July mixed, with the S&P 500 and Dow Jones gaining +1.22% and +4.51%, respectively, while the Nasdaq at -0.73%... To read more of The Weekly Economic & Market Recap: https://lnkd.in/eSX-8K_n
On July 20, Peapack Private exhibited at the Neighborhood Housing Services of New York City, Inc. Community Resource Fair. Attendees gained insights into the homebuying and mortgage process and had the chance to connect with lenders, real estate agents, home insurance professionals, and attorneys. Through its lending, financial literacy and housing counseling services, Neighborhood Housing Services of NYC empowers disadvantaged New Yorkers to access and maintain affordable housing opportunities.
On July 18, nourish.NJ hosted its First Annual Golf Outing at The Knoll Country Club – West in Boonton, NJ, Golfers of all levels came together for a day of socializing, networking, and enjoying the beauty of the great outdoors. The event’s proceeds contribute to nourish.NJ’s mission of addressing hunger, homelessness and poverty through food, housing, work readiness, medical, social, and educational services provided 365 days of the year. Peapack Private takes pride in supporting nourish.NJ not only through event sponsorship but also via employee volunteerism and financial contributions.
Peapack Private representatives, Maria Carolina Rozewski and Amaro Pereira, conducted financial literacy training at Better Tomorrows in Newark. During the session on “Savings and Budgeting,” children engaged in practical activities such as budgeting and savings while shopping for snacks, school supplies, and a stuffed animal. Better Tomorrows offers case management services and impactful community programs to low-income adults, seniors, children and youth.
The Bank proudly congratulates Peapack Private Investment Banking's SVP and Head of Corporate Advisory, Matthew Luczyk, for being selected for NJBIZ's Forty Under 40 2024, which honors individuals who are shaping the economic future of New Jersey. Read More: https://lnkd.in/e4EVfWHF
Peapack Private's John Creamer reported that Financial markets were volatile last week. From a trading perspective, it was notable that the S&P 500 suffered its biggest one-day selloff since December 2022, with a 2% decline on Wednesday. Most of the selling was concentrated in growth stocks. The Nasdaq 100 was down 3.5%, and the Mag 7 was off 5.5%... To read more of The Weekly Economic & Market Recap: https://lnkd.in/eYRguaDq #PeapackPrivateMarketRecap
The Bank is pleased to partner with United Way of Northern New Jersey for their Annual Tools for Schools collection drive. This yearly initiative supports local students in need of educational supplies. Individuals who are interested in donating can either shop online through the Bank's QR code, dropping donations in a bin at your closest branch location or through this link: https://lnkd.in/eVcqkHUW
The Bank proudly congratulates Margaret Kot SVP and Senior Underwriter, for the completion of NEW JERSEY BANKERS ASSOCIATION's 2024 Leading on the Cutting Edge program, an intensive 6-month leadership development program designed to strengthen the foundation for future success.