BEDMINSTER, NJ - May 29, 2025 (NEWMEDIAWIRE) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Sonia Lugo has joined the Bank as a Senior Managing Director based out of Garden City, New York. Sonia joins the Bank’s commercial banking division as a Managing Group Director responsible for leading a team of relationship managers in support of the Bank’s growth into Long Island.

With more than 20 years of financial services experience, Sonia joins Peapack Private from Flagstar Bank, formerly Signature Bank, where she was a vice president, group director, responsible for building and managing a commercial portfolio worth more than $130 million. Prior to Flagstar, Sonia was a vice president, senior relationship manager at HSBC Bank USA, Rego Park, NY, responsible for new business development and managing a commercial portfolio worth more than $58 million. At Banco Popular, she managed a $42 million branch location in Corona, NY. Sonia attended the University of Puerto Rico in Arecibo.

About the Company

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. 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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