{"id":459029,"date":"2021-03-16T15:01:40","date_gmt":"2021-03-16T19:01:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459029"},"modified":"2021-03-16T15:01:40","modified_gmt":"2021-03-16T19:01:40","slug":"peapack-gladstone-bank-to-open-a-new-location","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/peapack-gladstone-bank-to-open-a-new-location\/","title":{"rendered":"Peapack-Gladstone Bank to Open a New Location"},"content":{"rendered":"
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Bedminster, New Jersey, March 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire<\/u><\/a> — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is opening a new retail branch location.\u00a0 Intent on expanding its reach into the communities of Boonton, Boonton Township and Mountain Lakes, NJ, the newest Peapack-Gladstone Bank will be located at 104 Ely Place, Boonton.\u00a0 It will be the 20th retail space for the bank and its seventh in Morris County.<\/p>\n

\u201cAs we celebrate 100 years in business, we are focused on growth and remain committed to providing clients financial solutions to get through this challenging time in our history,\u201d said Doug Kennedy, president and chief executive officer. \u201cThis location allows us to expand our presence in Morris County.\u00a0 And personally, as a member of the surrounding community, it allows me to introduce a style of banking that I am extremely proud of to my very own neighbors.\u201d<\/p>\n

This will be a full-service retail space that offers personal and business banking solutions as well as wealth management, investment banking and consumer and commercial lending.\u00a0 The location will also be the hub for the Bank\u2019s Professional Services division led by William \u201cBill\u201d Gascoigne, a life-long resident of Boonton Township and Mountain Lakes, career banker and tenured leader with over 40 years of financial industry experience.\u00a0 Bill and his team, including Michael Buczynski, another local resident who joined the Bank in 2017, offer professional services firms a wide variety of lending and depository services including collection, payment and liquidity management solutions that provide maximum control, processing efficiency and convenience, to help businesses thrive.<\/p>\n

\u201cI\u2019m proud to be a part of opening this location and supporting my hometown,\u201d said Gascoigne.\u00a0 \u201cWe offer a local, community-focused view on financial services that I believe most people need and are looking for.\u201d<\/p>\n

Robert Plante, chief operating officer, commented, \u201cI\u2019ve lived in this area for over 20 years and I\u2019m thrilled we\u2019re opening here.\u00a0 We have the products, platforms, and the right people to deliver an exceptional client experience.\u00a0 I\u2019m looking forward to providing the Tri-Town area Peapack-Gladstone Bank services and solutions, designed specifically to keep them moving forward.\u201d<\/p>\n

Under current Covid-19 restrictions, the branch will offer traditional hours with fully operational drive-up services, a 24-hour ATM, safe deposit boxes, and night deposit services.\u00a0 Although the lobby will remain closed for now, virtual appointments can be made using Zoom to open accounts or alternatively, accounts can be opened online using the Bank\u2019s online account application found at\u00a0www.pgbank.com<\/a>.\u00a0 The branch is expected to officially open for business early April.<\/p>\n

\n About the Company<\/strong>\n <\/p>\n

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $5.9 billion and assets under management and\/or administration of $8.8 billion as of December 31, 2020.\u00a0 Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, investment banking, commercial and retail solutions, including residential lending and online platforms, to businesses and consumers.\u00a0 Peapack Private, the Bank\u2019s wealth management division, offers comprehensive financial, tax, fiduciary and investment advice and solutions, to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy.\u00a0 Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service.\u00a0 Visit\u00a0www.pgbank.com<\/a>\u00a0and\u00a0www.peapackprivate.com<\/a>\u00a0for more information.<\/p>\n

Contact:\u00a0 Denise M. Pace-Sanders, Senior Vice President Brand and Marketing Director, dpace@pgbank.com, 908.470.3322, Peapack-Gladstone Bank, 500 Hills Drive, Suite 300, Bedminster, NJ 07921.<\/p>\n

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