BEDMINSTER, NJ - March 5, 2025 (NEWMEDIAWIRE) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are proud to announce that Zachary Bermudez has joined the Bank as a Senior Managing Director with the commercial real estate division, responsible for day-to-day management of the credit and reporting functions, along with client interactions.

Bermudez has been involved in commercial real estate finance for over 20 years, beginning his career at North Fork Bank in 2003. Thereafter, he served as Group Director and Senior Vice President in charge of all CRE operations and risk for the Commercial Real Estate Lending Group at Signature Bank, which he joined in 2007. He was promoted through the ranks of underwriting, origination, and relationship management to acting department deputy, assisting in the maintenance of a $33+ billion CRE loan portfolio. Since leaving Signature in 2023, Bermudez served as Managing Director of A&E Real Estate Finance, a boutique private credit platform.

A graduate of SUNY Empire State College in New York, Zachary holds a Master of Business Administration in Banking and Finance from Dowling College and is an active board member for The Real Estate Institute at Stony Brook University.

About the Company

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.0 billion and assets under management and/or administration of $11.9 billion as of December 31, 2024. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank's 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. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit www.peapackprivate.com for more information.

Contact: Denise Pace-Sanders, Peapack Private Bank & Trust, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921, dpace@peapackprivate.com, (908) 470-3322.

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