Peapack Private Bank & Trust Expands Premium Banking Services to Manhattan
Peapack Private Bank & Trust launches a flagship 6,000-square-foot Financial Center in New York City, offering personalized banking services aimed at high-net-worth clients and businesses seeking tailored financial solutions.
Peapack Private Bank & Trust has opened its flagship Financial Center in the heart of Manhattan, marking a significant expansion of its premium banking services. Located at 300 Park Avenue, the first-floor facility represents the bank's strategic move to provide an alternative to larger financial institutions by emphasizing personalized client experiences.
The new 6,000-square-foot center complements the bank's existing 13th-floor office space, which houses over 100 private bankers and relationship managers specializing in high-end commercial and private banking solutions. By combining sophisticated technology with a client-focused approach, Peapack Private Bank aims to differentiate itself in the competitive New York banking market.
With a century of banking experience, the financial institution brings a unique value proposition to its clients. The bank's comprehensive services include wealth management, investment banking, commercial, and personal banking solutions tailored to individuals, families, businesses, and non-profit organizations.
As of December 31, 2024, Peapack-Gladstone Financial Corporation reported total assets of $7.0 billion and assets under management and/or administration of $11.9 billion. The New York expansion represents a significant milestone in the bank's growth strategy, positioning it to serve sophisticated clients seeking more personalized financial services.