Peapack Private Bank & Trust has launched its flagship financial center in New York City, positioning itself as an alternative to larger financial institutions by emphasizing personalized service and attention to detail.
The new 6,000-square-foot first-floor Financial Center at 300 Park Avenue represents a strategic expansion for the bank, complementing its existing 13th-floor office space that houses over 100 private bankers and relationship managers. The facility combines advanced technology with a client-focused banking approach rooted in over a century of service experience.
As part of Peapack-Gladstone Financial Corporation, the bank brings significant financial resources to its New York operations. With total assets of $7.0 billion and $11.9 billion in assets under management as of December 31, 2024, the institution offers comprehensive wealth management, investment banking, commercial, and personal banking solutions.
The new location signals the bank's commitment to providing high-end, customized financial services in one of the world's most competitive banking markets. By focusing on bespoke client experiences, Peapack Private Bank aims to differentiate itself from larger, more traditional financial institutions.
This expansion demonstrates the bank's strategic growth strategy and its ability to offer sophisticated financial solutions to individuals, families, businesses, and non-profit organizations seeking personalized banking experiences.
