Private Banking
Solutions

At Peapack Private Bank & Trust, 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.

Private banking is an extraordinary personal banking experience that incorporates exceptional attention, trusted advice, and customized solutions from people who understand their clients' needs, priorities, and values. Our team of experienced relationship managers engage with clients and are equipped to provide elevated, bespoke, and memorable experiences each and every day.

METRO NEW YORK'S BOUTIQUE PRIVATE BANKING EXPERIENCE

Through our wealth management division, Peapack Private provides comprehensive and unbiased assistance, helping clients achieve their financial goals.

Discovery and Insight — Defining Your Personal Goals and Time Horizons:

  • Wealth preservation
  • Income generation
  • Wealth accumulation
  • Multigenerational 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
  • Brokerage solutions2

A subsidiary of Peapack Private, Peapack Private Investment Banking, and its broker dealer3 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 nonmonetary 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

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

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

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

Our Commercial Banking divisions and subsidiaries specialize in Commercial and Industrial (C&I) Lending, Commercial Real Estate Lending, Life Insurance Premium Financing, 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
    • Sponsor finance
    • 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 multifamily lending and other investment property lending. We offer competitive programs and 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 multifamily properties or multi-tenanted office, 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 sweep3
    • 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 expertise 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, practice acquisitions, and buyouts
  • Owner-occupied commercial mortgages
  • Standby letters of credit typically used as rent security
  • Partner capital loans/equity buy-in
  • 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

  • Business expansion loans
  • Equipment term loans
  • Loans secured by marketable securities or brokerage accounts
  • Owner-occupied commercial mortgages
  • Revolving working capital lines of credit
  • Small Business Administration (SBA) loans —SBA Preferred Lender
    • SBA 7(a) loans
    • SBA 504 loans
    • SBA Express program
  • Small business lines of credit
  • Standby letters of credit

Our Platinum Service Team provides a superior level of service for clients with multifaceted, high-net-worth relationships and commercial, personal, or wealth management needs that exceed traditional banking. Through our Platinum Service Team, clients have access to a wide range of banking solutions designed to help them achieve their goals. The team delivers a world-class experience with ease through an enhanced onboarding process that combines approachable, personal service with state-of-the-art banking technology. With clients' needs in mind, the team provides white-glove service in all interactions and solutions that cater to each client's unique needs. The clients-first service approach is the foundation of the Platinum Service Team, which ensures client satisfaction, relationship building, and long-term growth.

3Please 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.

We offer all the 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
  • Contactless debit cards with digital wallet
  • IRA solutions
  • Night drop
  • Safe deposit boxes

Residential Lending
Online application available

  • Adjustable-rate mortgages
  • Affordable housing loan program
  • Construction — permanent mortgages
  • Fixed-rate mortgages
  • Floating rate mortgages
  • Interest-only mortgages
  • Jumbo products

Digital Banking

  • ATM banking, including surcharge-free through the Allpoint® Network
  • Digital wallet
  • Direct deposit
  • Mobile banking
  • Mobile deposit
  • Online appointment scheduling
  • Online banking, e-statements, bill pay, and interbank transfers
  • Online check reorder
  • Online finance manager
  • Zelle® digital payments

Consumer Lending