Peapack-Gladstone Bank | Private Banking since 1921

Peapack Private's newest luxury private banking office has opened in the heart of Manhattan. Our new location at 300 Park Avenue offers exceptional service through a single point of contact and remains the premier alternative to the larger institutions.

Join us tomorrow, October 30, 2024 at 11AM as our cybersecurity experts, John Kowal and Heather Gibbs host a dynamic session packed with real-world examples of the latest scams, fraud tactics, and cyber threats that have surfaced in recent months. In recognition of Cybersecurity Awareness Month, we’ll explore the newest tactics cybercriminals are using—from advanced phishing and social engineering schemes to emerging extortion techniques. Our experts will hold a brief Q&A session at the end of the presentation. Register Now: https://lnkd.in/eY3Sy3zf

Located in Summit, NJ, GRACE (GRACE Giving & Receiving Assistance for our Community's Essentials), is dedicated to addressing community needs by providing resources that promote the health and success of our vulnerable and underserved neighbors. To support their outreach efforts, Bank employees helped pack and distribute boxes of essential food items, ensuring nourishment for those who work, worship and receive care in Summit. Each week, GRACE distributes 16,000 pounds of food and supplies to Summit residents.

Peapack Private's John Creamer reported that "Corporate earnings were mixed this week, with 37% of companies having reported and 75% beating expectations. Despite the S&P 500 index being down for the week, it continues to trade with bullish technical signals and broader-based advancement. Bearish talking points included geopolitical tensions, election uncertainty, high valuations, and a stronger dollar."... To read more of The Weekly Economic & Market Recap click: https://lnkd.in/ergqdyWp

Be aware of emails that ask you to click a suspicious link or provide personal information. The sender may claim to be someone from Peapack Private, but it’s a scam. See what else we would never ask by clicking the link below. #BanksNeverAskThat

Scott Bunting, CISM, CISSP, Vice President, Technology Infrastructure Manager, was recently highlighted in a client testimonial video for our third-party Office 365 backup vendor, Commvault. We are proud of our partnership with Commvault to provide a comprehensive solution which helps protect our client data. Commvault supports us in our goal to continue to enhance our cybersecurity and protect against any potential immerging threats. https://lnkd.in/e2eXw77w

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its third quarter 2024 financial results. This earnings release should be read in conjunction with the Company’s Q3 2024 Investor Update, a copy of which is available on our website at www.pgbank.com(Opens in a new Window) and via a current report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov. During the third quarter of 2024, deposits grew $279 million, to $5.9 billion, which represents an annualized growth rate of 20%. Nearly half of the deposit growth during the quarter was attributed to an increase in noninterest-bearing demand deposit balances which grew $130 million to $1.1 billion. Read more about Peapack-Gladstone Financial Corporation's Third Quarter Results: https://lnkd.in/gRBKdakC

Reminder to please join our cybersecurity experts, John Kowal and Heather Gibbs as they host a dynamic session packed with real-world examples of the latest scams, fraud tactics, and cyber threats that have surfaced in recent months. In recognition of Cybersecurity Awareness Month, we’ll explore the newest tactics cybercriminals are using—from advanced phishing and social engineering schemes to emerging extortion techniques. Our experts will hold a brief Q&A session at the end of the presentation. Register Now: https://lnkd.in/eY3Sy3zf

Peapack Private's John Creamer reported that "equity markets continued their move higher this week supported by positive economic data. Investors were encouraged by the resilience of the U.S. economy, as evidenced by the solid retail sales data and the decline in jobless claims. Retail sales rose 0.4% versus expectations of a 0.3% rise, and initial jobless claims registered 241k versus a consensus 262k"... To read more of The Weekly Economic & Market Recap click: https://lnkd.in/g-qrT_Jk

In observance of Breast Cancer Awareness Month, Bank employees wore pink and raised funds to support Somerset County Law Enforcement and their “Pink Car” initiative. These vehicles will be utilized for community engagement throughout Somerset County during the month of October.