Peapack Private Bank & Trust

The week opened with significant market turmoil as the S&P 500 and Nasdaq suffered their worst sessions of 2025 and entered correction territory, a direct consequence of growing anxieties surrounding economic growth, according to Peapack Private's Chief Investment Officer, John Creamer in today's Weekly Economic & Market Recap: Read The Weekly Economic & Market Recap: https://lnkd.in/ei6MnGxv

This month, we explored the “Economic and Financial Market Outlook for 2025” in our latest webinar. If you weren’t able to attend, you can access the replay and past webinars here: https://lnkd.in/ePSZDrry

We greatly appreciate our clients and the trust they place in us. Our mission is to ensure they feel supported and valued at every step. Rolnick Kramer Sadighi, LLP shares their experience: "We have built a strong relationship with the Bank over the last 10 years, and we are grateful for the attention and personal care they provide. Our relationship managers are proactive and consistently offer advice and solutions that are well thought out and designed to help us succeed.” Discover more of our client testimonials: https://lnkd.in/eMYjsXj3

Peapack Private is proud to support Greater Middlesex & Morris Habitat for Humanity through donations, volunteer events, and Gala sponsorships. As they celebrate 40 years, we proudly joined the Annual Hearts & Hammers Gala, honoring those making exceptional contributions to building affordable homes and fostering the community.

Cecelia Lardieri, Senior Vice President and Director of Human Resources at Peapack Private, shares her expertise on building an engaged workforce in NEW JERSEY BANKERS ASSOCIATION’s Magazine. She emphasizes that "engaged employees are key to productivity and company success, but there’s no one-size-fits-all solution.” Read the full article here: https://lnkd.in/euH4dpPQ

It was a volatile week for US equities as investors grappled with the potential effects of tariffs on Canada, Mexico, and China. On Monday afternoon President Trump confirmed that 25% tariffs would take effect on the two North American nations Tuesday March 4th, while tariffs on China were raised to 20%, according to Peapack Private's Chief Investment Officer, John Creamer in today's Weekly Economic & Market Recap. To read The Weekly Economic & Market Recap, click here: https://lnkd.in/eMKrb7dp

Happy International Women’s Day. Peapack Private proudly celebrates the remarkable contributions of women in banking and beyond. Today, we honor their hard work, leadership, and achievements, while acknowledging the barriers they continue to overcome.

Daylight Saving Time is this Sunday! Don't forget to set your clocks forward and enjoy the extra daylight.

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. To learn more about Zachary, please click here: https://lnkd.in/e2xZXGu7

Welcome to the first Peapack Private Planning Quarterly of 2025! This issue covers four key topics: GenNext: A Guide for Parents, which explores GenNext's unique financial attitudes; Delaware's new Beneficiary Well-Being Trust, improving trustee-beneficiary relationships; options for handling Overfunded 529 Plans; and the crucial question—Who Should Be Your Power of Attorney? Please click here to continue learning about these topics: https://lnkd.in/eFNQcvrP