Private Banking Solutions

Private banking is an extraordinary personal banking experience that incorporates exceptional attention, trusted advice, and customized solutions from people who understand their clients' priorities and values. Personal and professional financial needs are often interconnected, and our team of experienced relationship managers is equipped to address both while providing elevated, bespoke, and memorable experiences.

We offer client-centric, single-point-of-contact private banking, which includes thoughtful insight along with customized and innovative wealth, commercial, personal, and investment banking solutions. Establishing and maintaining a trusted relationship with each and every client is essential to who we are, and as the financial needs of our clients change and evolve, we will forever act in their best interests.

Wealth

Our Wealth Management* division provides a comprehensive and unbiased approach to helping clients achieve their overall objectives.

Discovery and Insight: Defining Your Personal Goals and Time Horizons
  • Wealth preservation
  • Income generation
  • Wealth accumulation
  • Multi-generational transfer
  • Legacy
Wealth Planning
  • Cash flow
  • Estate planning
  • Retirement
  • Tax planning
  • Business succession
  • Insurance
Investments: Helping Clients Protect and Grow Wealth Through Customized Portfolios That Address Each Client's:
  • Risk appetite
  • Time horizon
  • Other wealth assets
  • Income needs
  • Anticipated future liquidity needs
Providing Advice and Solutions for Protecting and Transitioning Wealth:
  • Estate planning documents
  • Titling of assets
  • Living trusts
  • Grantor retained annuity trusts
  • Charitable lead and remainder trusts
  • Generation-skipping trusts
  • Delaware trusts
  • Insurance trusts
Helping Clients Manage Their Liquidity, Banking, and Credit Needs:
  • Residential financing for primary, secondary, and investment properties
  • Lines of credit secured by marketable securities
  • Structured credit accommodations
  • A full suite of checking and money market deposit accounts
  • Short-term liquidity and treasury management solutions

*Non-deposit investment products are not insured by the FDIC; are not deposits or other obligations of, or guaranteed by, Peapack-Gladstone Bank; and are subject to investment risks, including possible loss of the principal amount invested.

Peapack Private Investment Banking and its broker-dealer, PGB Securities, LLC,** provide independent, unbiased, and objective advice to middle-market companies and their owners. This advice-led approach includes:

  • Assisting business owners with evaluating strategic options that enhance shareholder value
  • Merger and acquisition advisory support, including coordinating the preparation for and execution of the sale or acquisition of a business
  • Evaluation and assistance with accessing alternative capital markets
  • Exit readiness and transaction planning of strategic alternatives to maximize shareholder value while achieving ownership's financial and non-monetary goals and objectives
  • Advising shareholders of privately held businesses in shareholder disputes
  • Customized structured finance solutions, including cash flow, enterprise value, and leveraged and asset-based lending

**Securities offered through our affiliated broker-dealer, PGB Securities LLC, member FINRA/SIPC.

COMMERCIAL

Our Commercial Banking divisions and subsidiaries specialize in Commercial and Industrial (C&I) Lending, Commercial Real Estate Lending, Equipment Financing, Treasury Management, Professional Services and Small-Business Lending, providing customized solutions and industry expertise, with a focus on helping clients achieve their goals.

C&I Lending
  • Tailored financing for short-, medium-, and long-term requirements, including:
    • Working capital
    • Equipment financing
    • Acquisition financing
    • Dividend recapitalizations
    • ESOPs
    • Owner-occupied real estate
  • State-of-the-art treasury and cash-management solutions
  • Assistance with developing legacy objectives
  • Development of succession plans
  • Evaluation of debt capacity
  • Hedge fund and private equity solutions

Our Commercial Real Estate Lending division specializes in multi-family lending and other investment property lending. We offer competitive programs, fees and flexible terms that allow clients to purchase or refinance their investment property. We focus on working with experienced owners, operators, and/or developers who have financing needs related to multi-family properties, multi-tenanted offices, and medical, retail, and industrial properties. Primary markets include New Jersey, New York City, and Pennsylvania.

Peapack Capital, a subsidiary, provides asset finance and equipment leasing solutions, specializing in mid- to large-scale transactions that help clients' businesses grow and succeed.

Industry Niches:
  • Transportation: Heavy-duty trucking, marine, business aviation, rail, logistics
  • Industrials: Automotive, utilities, telecom, energy, construction, chemicals
  • Manufacturing: Technology, machine tools, consumer products packaging, plastic extrusion
  • Healthcare: Diagnostic imaging, medical testing, radiation therapy, surgical
  • Information technology: Servers, PCs, networking equipment, switches, software
Products:
  • Capital, synthetic, operating, TRAC, and split-TRAC leases
  • Taxable and tax-exempt lease structures
  • Capex financing for new and used equipment
  • Sale/leaseback of existing equipment
  • Secured revolvers, term debt, and balloon financing structures

Our Treasury Management division offers clients the ability to make sound decisions and improve financial performance with customized treasury management solutions:

  • Collection Solutions
    • ACH origination
    • Integrated lockbox
    • Merchant services
    • Mobile deposit
    • Night drop
    • Remote deposit
  • Payment Solutions
    • ACH origination
    • Card solutions
    • Online bill pay
    • Web initiated domestic and foreign wire transfers (restrictions may apply)
  • Liquidity and Management Solutions
    • BAI reporting
    • Checking account sweep
    • Insured liquidity sweep+
    • Mobile banking
    • Online escrow management and IOLTA/IOLA
    • Online reporting and account management
    • Positive pay fraud protection
    • Zero-balance accounts

Our Professional Services Group has expertise in banking professional firms including law, accounting, engineering, and architectural firms and their partners and clients. We offer professional firms peace of mind and the experience of one team dedicated to providing solid guidance, advice, and holistic solutions.

  • Working capital lines of credit
  • Term loans to finance capital expenditures, including leasehold improvements and practice acquisitions and buyouts
  • Owner-occupied commercial mortgages
  • Stand-by letters of credit used typically as rent security
  • Partner capital loans/equity buy-in
  • Personal lines of credit
  • Private banking for firm partners and key executives
  • Customized escrow accounts plus a full suite of firm-specific treasury management products and services
Small Business Lending and Community Banking
  • Revolving working capital lines of credit
  • Owner-occupied commercial mortgages
  • Small business lines of credit++
  • Equipment term loans++
  • Business expansion loans++
  • Stand-by letters of credit
  • Loans secured by marketable securities or brokerage accounts
  • Small Business Administration (SBA) loans — SBA Preferred Lender
    • SBA 7(a) Loans
    • SBA Express Program

Our Platinum Service Team provides white-glove service to high-net-worth clients and their companies, offering high-quality, approachable client service, as well as a sophisticated private banking strategy, designed to fit every need. Whether you have standard needs or are seeking complex, custom, or pioneering financial assistance, our Platinum Service Team is accessible 24/7.

+Please carefully read the Insured Liquidity Sweep program ("program") Terms and Conditions before depositing any money into the program and for other important customer disclosures of information. The program itself is NOT an FDIC-insured product. Rather, under the program, your funds are deposited into deposit accounts at participating banks or other financial institutions which are insured by the Federal Deposit Insurance Corporation (FDIC) for up to the current standard maximum deposit insurance amount (SMDIA) of $250,000 per eligible depositor, per receiving bank or institution, for each ownership capacity or category, including any other balances the depositor may hold directly or through other intermediaries, including broker-dealers. Please contact us to confirm the receiving institutions at which your deposits are held at any given time. If you hold any funds at a receiving bank or institution outside the program, when combined with your deposits held at that institution through the program, the total amount of your deposits at that receiving institution could exceed the SMDIA for an ownership capacity or category, and those excess funds will not be FDIC-insured. The total amount of FDIC insurance available on your deposits under the program depends on the number of receiving institutions in the program. If the amount of your deposits in the program is greater than the maximum FDIC insurance coverage under the program, any excess funds will not be insured. To assure your FDIC coverage, please regularly review banks in which your funds have been deposited and notify us immediately if you do not want to allocate funds to a particular bank or banks. If you so exclude a bank from the program, the maximum level of FDIC insurance coverage available under the program may decrease. Please contact us for the maximum amount of FDIC insurance currently available on your deposits under the program.

++Online application available for credit requests up to $250,000.

PERSONAL

We offer personal banking solutions, including a robust digital experience, to meet any financial need.

Checking and Savings Solutions
  • Certificates of deposit
  • Checking, savings, and money market accounts
  • Coin machines
  • Debit cards
  • IRA solutions
  • Night drop
  • Safe deposit boxes
Digital Banking
  • ATM banking, including surcharge-free through the Allpoint® network
  • Direct deposit
  • Mobile banking
  • Mobile deposit
  • Online appointment scheduling
  • Online banking, e-statements, bill pay, and inter-bank transfers
  • Online check reorder
  • Online finance manager
  • Zelle® digital payments
Residential Lending

Online application available

  • Adjustable-rate mortgages
  • Affordable housing loan program
  • Construction — permanent mortgages
  • Fixed-rate mortgages
  • Floating rate mortgages
  • Private mortgage banking jumbo products
Consumer Lending
Brokerage Services Through PGB Financial Services+++
  • Annuities
  • Brokerage
  • Exchange traded funds
  • Investment review
  • Long-term care
  • Mutual funds
  • Retirement accounts
  • Tax advantage accounts
+++

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Peapack-Gladstone Bank and PGB Financial Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using PGB Financial Services and may also be employees of Peapack-Gladstone Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Peapack-Gladstone Bank or PGB Financial Services. Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations | May Lose Value

The LPL Financial registered representative(s) may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

Check the background of investment professionals associated with Peapack-Gladstone Bank and Peapack Private on FINRA's BrokerCheck website.

Peapack Private is a division of Peapack-Gladstone Bank.