Peapack Private Bank Appoints Veteran Banker to Lead Long Island Expansion

Peapack Private Bank & Trust has appointed Tim Juliano as a Senior Managing Director in its commercial banking division, specifically focusing on expanding the bank's presence on Long Island. This appointment represents a strategic move by Peapack Private to strengthen its position in a competitive market through experienced leadership. Juliano brings an impressive 37-year career in commercial banking, most recently serving as a senior vice president at Flagstar Bank, where he managed a portfolio of over 50 relationships that peaked at $440 million in deposits and $350 million in credit commitments.

In his new role, Juliano will lead a team of relationship managers and be responsible for growing Peapack Private's market share. His extensive background includes senior leadership positions at several notable financial institutions, including Dime Community Bank, Sterling National Bank, and Capital One Bank. Juliano's banking career originated with foundational roles at Manufacturers Hanover Trust, Chemical Bank, and Chase Manhattan Bank, where he developed expertise in business banking and relationship management that will be crucial for Peapack Private's expansion efforts.

The appointment comes as Peapack-Gladstone Financial Corporation, with total assets of $7.1 billion and assets under management of $11.8 billion as of March 31, 2025, continues to expand its client-centric banking approach through strategic leadership appointments. Juliano's deep understanding of the Long Island market, combined with his proven track record in portfolio management, positions him to effectively execute the bank's growth strategy in the region. His community service as an ex-captain with the Hauppauge Volunteer Fire Department and educational background, holding a Bachelor of Arts in economics from the State University of New York Stony Brook, further complement his professional qualifications.

This leadership appointment matters because it signals Peapack Private's serious commitment to expanding its commercial banking footprint on Long Island, a region with significant business banking opportunities. The implications include increased competition for commercial banking services in the area, potential growth in Peapack Private's deposit base and loan portfolio, and strengthened relationship banking capabilities through Juliano's extensive network and experience. For businesses on Long Island, this expansion could mean more banking options and specialized commercial services tailored to local market needs. The move also demonstrates how regional banks are strategically hiring seasoned executives to drive growth in targeted markets, reflecting broader trends in the financial services industry where experience and local market knowledge are increasingly valuable competitive advantages.