Peapack Private

We are excited to announce that, as part of our journey to become a premier provider of private banking, commercial, and wealth management solutions, we will unite our bank and wealth management divisions under one name and brand – Peapack Private Bank & Trust. This rebrand is expected to occur on or about January 1, 2025. Learn more: https://lnkd.in/eNg7FcNQ

At the Housing Partnership NJ NeighborWorks HomeOwnership Center Gala, Peapack Private's Carolina Rozewski, AVP, Community Development Officer, and Amaro Pereira, Managing Director, were honored with the Award of Excellence for their significant contributions to the Spanish Homebuyer Education and Financial Empowerment Programs. Their work involved leading the development and delivery of the program’s curriculum. The Housing Partnership, a leader in promoting responsible homeownership and financial capability, is recognized as New Jersey’s top resource for homebuyer education.

Wishing you a Happy New Year from all of us! We are grateful for the opportunity to serve your financial needs. In observance of New Year's Day, all Bank locations will be closed on Wednesday, January 1, 2025. You can conveniently access your accounts anytime via Online or Mobile Banking: https://lnkd.in/gBVrXgCS

Wishing a joyful Kwanzaa to everyone who celebrates.

From our home to yours, Happy Hanukkah.

Wishing you a Merry Christmas from our family to yours.

The Bank has long been a devoted partner of United Community Corporation (UCC), offering steadfast financial support to benefit underserved families in Newark. During the UCC Annual Shop with a Hero Event, 250 children were provided with $100 gift cards to shop in Newark, alongside a host of local heroes such as first responders, educators, and community leaders. Peapack Private was honored to contribute to this year’s event, which fosters lasting mentorships between children and their heroes. The Bank remains dedicated to its mission of improving the lives and living conditions of disadvantaged individuals and families.

All eyes were on the Federal Reserve this week when as expected the Fed cut interest rates by 25 basis points (bps), bringing the Fed funds target range to 4.25%-4.5%, 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/e4kyt6a4

For two festive days, Peapack Private's holiday elves worked alongside Covenant House New York to sort and package holiday donations for the incredible young individuals they assist, who are navigating homelessness. With services offered around the clock every day, Covenant House NY provides shelter, healthcare, and essential support to help each young person build a brighter future and find independence.

For 103 years, Sport Club Portugues in Newark has been a hub for the Portuguese community, offering language classes, soccer teams, and supporting cultural groups like Rancho Camponeses do Minho and Proverbo. Peapack Private was proud to support their Anniversary Gala.