Peapack Private Bank & Trust Appoints Bruce A. Watterson as Senior Managing Director

Bruce A. Watterson has joined Peapack Private Bank & Trust as a Senior Managing Director and Managing Group Director within the Bank’s Commercial Banking division. His appointment represents a strategic enhancement to the bank's leadership team, drawing on his extensive background in corporate, private, and middle market banking. Watterson will operate from the Bank’s newest location in Garden City, New York, supporting Peapack Private's expansion in the NY Metro region. This move is significant as it bolsters the bank's capacity to deliver tailored financial solutions in a competitive market.

With a career exceeding forty years, Watterson has held key positions at institutions including Flagstar Bank, CitiGroup Private Bank, National Westminster Bank, Marine Midland Bank, and Mellon Financial Services. His expertise in serving middle market businesses and high-net-worth individuals aligns with Peapack Private's client-focused banking philosophy. Watterson holds a degree in Finance and Accounting from Pace University’s Lubin School of Business and is certified as a Certified Cash Manager, with various NASD licenses. His academic and professional credentials underscore his capability to drive the bank's commercial objectives.

Watterson's deep roots in the Long Island community and his active involvement on multiple committees and boards reflect a commitment to both banking excellence and community development. His affiliations with organizations such as The Energeia Partnership and The Education and Assistance Corp (EAC) demonstrate a dedication to societal contributions beyond finance. This community engagement is important as it fosters trust and local partnerships, which can enhance the bank's reputation and client relationships in the region.

Peapack Private Bank & Trust, a subsidiary of Peapack-Gladstone Financial Corporation, is reinforcing its standing in the financial services industry by attracting seasoned professionals like Watterson. The bank's emphasis on customized and innovative solutions for wealth management, investment banking, and commercial and personal banking services is poised to benefit from Watterson's industry knowledge and client service acumen. For more information on Peapack Private Bank & Trust, visit https://www.peapackprivate.com. This appointment signals the bank's ongoing strategy to leverage experienced talent to meet evolving client needs and market demands.