Company News

Recent News

Peapack-Gladstone Bank Hires New SBA Team Members

Posted January 11, 2022
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to introduce three new members to the Bank’s SBA Lending Division, responsible for the Company’s further growth and expansion of SBA business, with a focus on providing new and existing business clients exceptional, personalized service.  The goal of the U.S. Small Business Administration (SBA) has been to support our nation’s overall economy and help individuals, start, build and grow their businesses.  Based out of Peapack-Gladstone Bank’s Princeton location, the SBA Lending Division provides qualifying small business owners custom-tailored assistance, supporting their financial needs and helping their businesses to prosper and succeed.
Sanjay T. Patel joins Peapack-Gladstone Bank’s SBA Team as a Managing Director, SBA Banker.  Previously, as first senior vice president at Noah Bank, he was responsible for the origination and processing of Commercial, SBA 7(a) and 504 loans.  
With over 18 years in the financial services industry, Bhavesh R. Sheth joins the team as Managing Director, SBA Banker.  With a concentrated focus on SBA lending, Bhavesh has a proven track record of increasing sales, market share and growth in profits in a competitive financial arena.  Most recently, Bhavesh served as senior vice president, Noah Bank and as an independent consultant for Creative Funding Inc. where combined he originated over $30 MM in SBA 7(a) loans. 
Parth Thakor, a graduate of Rutgers, The State University of New Jersey, has a Bachelor’s Degree in Economics, joins Peapack-Gladstone Bank as Assistant Vice President, SBA Underwriter.  Parth will support the SBA team through his extensive background in underwriting and credit analysis. 

Peapack-Gladstone Bank Hires Karen Rosner as Vice President, Assistant Brand and Marketing Director

Posted January 11, 2022
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Karen Rosner as Vice President, Assistant Brand and Marketing Director. Ms. Rosner is primarily responsible for the development and promotion of the Peapack-Gladstone Bank and Peapack Private Wealth Management family brands, ensuring that the integrity of message and brand elements are carried across the organization, through all advertising and communications to employees, clients and the communities the Bank and its divisions and subsidiaries serve. Additionally, she is responsible for the overall monitoring and management of the Bank’s advertising and marketing programs, social media, website design strategies and maintenance, and development of short and long-terms goals and objectives for future growth. Ms. Rosner joins a well-established team of professionals, including Jenna Larocco-McFarlane, Assistant Vice President, Brand and Marketing Manager, who joined the Bank’s brand and marketing division in 2021.

Peapack-Gladstone Bank Gives Back this Holiday Season

Posted December 22, 2021

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank believe the holiday season offers the perfect opportunity for companies to support their communities and the causes important to their employees and clients.  In the spirit of the holiday season, each year the Bank has a tradition of choosing a local charity to contribute to on behalf of its employees, clients and friends.  As Peapack-Gladstone Bank’s 100th Anniversary celebration draws to a close in 2021, and as part of the Company’s annual holiday giving program, the Bank has made a $5,000 donation to the Land Conservancy of New Jersey in Boonton.  “The Land Conservancy of New Jersey is an incredible organization that protects, preserves, restores and cares for open space and water resources,” said Doug Kennedy, President and CEO.  “We are so pleased to help them continue their efforts both now, and for future generations.”  Past holiday donation recipients have included America’s Grow-a-Row, United Way of Northern New Jersey, Veterans Administration New Jersey Health Care System, Covenant House and Eva’s Village.

Peapack-Gladstone Bank has a long history of supporting the communities it serves through employee volunteerism, in-kind gifts and financial donations.   With its commitment to giving back, throughout the years, the Bank has made a difference and brought positive, lasting change to local communities, not only during the holiday season, but all year through.

Peapack-Gladstone Bank’s Return of the Boonton Christmas Tree Sale Supports nourish.NJ

Posted December 16, 2021
This holiday season Peapack-Gladstone Bank announced the return of the nostalgic annual Boonton Christmas Tree Sale.  The inaugural event was reminiscent of past sales sponsored by the local Kiwanis Club.  Held November 26 to December 5, the live tree sale was orchestrated entirely by Peapack-Gladstone Bank volunteers who teamed up, helping families find their perfect tree.  Offering a wide variety of species and selling more than 250 trees, one hundred percent of this year’s sales and donations totaling $27,750 will benefit nourish.NJ in Morristown, supporting their efforts to alleviate the struggles of homelessness and hunger in our municipalities.  

The sale was held at the Bank’s newest retail location at 104 Ely Place, Boonton.  “Peapack-Gladstone Bank knows how important a Christmas tree is to a family’s holiday tradition, so we decided to start the sale the day after Thanksgiving,” said Robert Plante, Executive Vice President and COO at Peapack-Gladstone Bank, “but we never expected to run out so quickly.  The Bank planned this festive event to bring back an old-fashioned quality to the community, and we were excited to see the large number of families that came out to enjoy the festivities and select a tree to support a local charity.”

This year’s Boonton Christmas tree sale was the first in the return of this annual holiday tradition, where each year, a new community beneficiary will be named.  Founded in 1921 and celebrating its 100th Anniversary, Peapack-Gladstone Bank values its ties with community.  “The Boonton Christmas Tree Sale will be a place where families can make long lasting memories,” said Daniela Oldham, Vice President, Retail Private Banker at the Bank’s Boonton location. “The Bank is committed to making a difference in our municipalities both now and for many Christmases to come.”

Peapack-Gladstone Bank Hires Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel

Posted December 1, 2021
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel. Ms. Dickenson is primarily responsible for providing legal and transactional support to Peapack Capital, the Bank’s equipment leasing and finance subsidiary, and assisting the general counsel in overseeing all legal affairs of the Company. She brings a wealth of knowledge and experience in providing internal legal guidance in support of the financial goals of the Bank and its subsidiaries.

Ms. Dickenson joins the Company after serving 21 years at Citizens Asset Finance, a division of Citizens Bank, N.A., in Johnston, RI. As in-house counsel for one of the largest financing and leasing companies in the U.S., she delivered sound and pragmatic legal advice to the sales, operations, credit and documentation teams at CAF, including the drafting, review and negotiation of various forms of complex commercial agreements and analyzing and evaluating each client’s leasing and financing needs. Prior to that, Katherine served as regional manager, settlement agent, at United One Resources, Inc., a large title insurance firm based in Wilkes-Barre, PA, where she founded the Rhode Island office and oversaw all legal issues for satellite offices in RI and MA.

Ms. Dickenson holds a Juris Doctor from Roger Williams University School of Law. She also graduated cum laude from Johnson & Wales University in Providence, RI with a Bachelor of Science degree in Administrative Management and an Associate of Science degree in Paralegal Studies. She is a member of the State of Connecticut and State of Rhode Island Bar Associations.

Peapack-Gladstone Bank Earns 2021 Best Banks to Work For Recognition

Posted December 1, 2021
For the fourth year in a row, Peapack-Gladstone Bank (NASDAQ Global Select Market: PGC) has been named one of the Best Banks to Work For in 2021 by American Banker.
The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Full results of this year’s program are available at American Banker and in the November issue of American Banker Magazine.

“This list calls attention to institutions that have gone above and beyond to invest in employees' personal and professional growth,” said Bonnie McGeer, executive editor of American Banker.

Determining the Best Banks to Work For is a two-step process. The first step involves an evaluation of participating companies’ workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.

Overall, 90 banks earned a spot on the list this year.
“I’m so proud that we continued to receive this acknowledgement each year because it is based on employee feedback,” said Doug Kennedy, president and chief executive officer of Peapack-Gladstone Bank. He continued, “The fact that our employees consider working here fulfilling, and they consider each other family is amazing. Even through the pandemic we were able to keep our culture alive and thriving.”


Posted November 18, 2021 - Peapack-Gladstone Bank Celebrates Company’s 100th Anniversary through Volunteerism

Posted November 18, 2021 - Brandon J. Smith Joins Peapack Capital as Senior Vice President, Head of Asset Management

Posted November 18, 2021 - Peapack-Gladstone Bank Hires Brenda Boyce, Vice President, Senior Credit Underwriter at Peapack Capital

Posted November 8, 2021 - Peapack-Gladstone Bank Brings Back Boonton Christmas Tree Sale Tradition

Posted October 28, 2021 Peapack-Gladstone Bank Corporation Reports Third Quarter Results, as Record Wealth Management Fee Income Drives Total Fee Income to 34% of Total Revenue

Posted September 1, 2021 Peapack-Gladstone Bank Hires Senior Managing Director, Market President

Posted July 28, 2021 Peapack-Gladstone Financial Corporation Reports Strong Second Quarter Results, Driven By Increased Wealth Management Fee Income, Strong Loan Growth And Margin Expansion

Posted July 1, 2021 Peapack Private Wealth Management Acquires Princeton Portfolio Strategies Group

Posted May 27, 2021 Peapack-Gladstone Bank Hires Senior Vice President, Director of Residential and Consumer Lending

Posted May 12, 2021 Peapack-Gladstone Financial Corporation to Acquire Princeton Portfolio Strategies Group

Posted April 29, 2021 Peapack-Gladstone Financial Corporation Reports Strong First Quarter Results, Driven By Noninterest Income Totaling 36% Of Total Revenue

Posted April 27, 2021 Peapack-Gladstone Financial Corporation Declares Quarterly Cash Dividend

Posted April 26, 2021 Jacqueline Reyes is promoted to Senior Vice President, BSA/AML/OFAC Officer at Peapack-Gladstone Bank

Posted April 19, 2021 Peapack-Gladstone Bank Turns 100 in 2021

Posted April 12, 2021 Peapack-Gladstone Bank Now Open in Boonton, NJ

Posted April 5, 2021 Matthew Remo is promoted to Senior Vice President, Director of Strategy and Development at Peapack-Gladstone Bank

Posted March 16, 2021 Peapack-Gladstone Bank to Open a New Location

Posted February 10, 2021 Peapack Private Investment Banking Advises on the Sale of Randall Farms

Posted February 2, 2021 Peapack Gladstone Financial Corporation Reports Fourth Quarter and Full Year Results and Announces a 5% Stock Repurchase Program

Posted December 23, 2019 Douglas L. Kennedy, President and CEO of Peapack-Gladstone Bank Appointed to Federal Reserve Bank of New York Board of Directors

Posted January 24, 2019 Peapack-Gladstone Bank Announces New Hires

Posted January 17, 2019 Peapack-Gladstone Bank Hires Paul Boudreau