Peapack-Private announces New York City expansion

Peapack-Gladstone Financial and Peapack Private, a division of Peapack-Gladstone Bank, continue to move into New York City with the hiring of Andrew F. Corrado and more than 10 teams of commercial and private bankers. Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private. He will lead the Bank’s NY expansion and oversee its presence in Manhattan, leveraging the combined experience of more than 50 bankers to ensure the successful growth of the Company. “We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank. “Our expansion last summer has been well-received. The additional investment we are making today by hiring Andrew and multiple teams of commercial and private bankers capitalizes on the momentum we’ve achieved to date.”