Our Client Testimonials

Channel Chatham

“Retail real estate has always been a fluid business and never more so than today. Peapack-Gladstone Bank showed us a willingness to listen to what we are trying to accomplish and helped us create a financing structure that allows us the flexibility to execute our business plan in a thoughtful and mutually beneficial manner. Debbie Heins, Vince Spero and Ron Andersen make us feel fortunate to have found them as a banking partner.”
Andrew Stewart, Owner

Channel Chatham is one of many Channel Real Estate Investment Management’s equity investments in real estate. Each is its own LLC. The common theme in their investment strategy is to locate and purchase underperforming assets where capital investment, possible change of use, and active management lead to improved tenancy and income streams.

Deborah Heins, Peapack-Gladstone Bank Commercial Private Banker
Dear Valued Shareholder,

On behalf of Peapack-Gladstone Financial Corporation and all of its wholly owned divisions and subsidiaries, I hope you and your families are safe and healthy.

These are certainly unprecedented times for everyone, but it is during times like these that I find comfort and security in knowing that I am not alone. It is my hope that you feel the same, and that you know Peapack-Gladstone Bank and its team of hard-working employees are here for you.

For nearly 100 years, we have put our clients and our communities first. These are two of our most important core principles, which we stand by each and every day. These statements truly define who we are and exemplify our commitment to doing the right thing, providing a trusted relationship for clients, even during extremely difficult times.

The theme of our 2019 Annual Report is “Focused on the Client.” The decision to follow this theme throughout the Report was made well before the Coronavirus entered our lives, but I feel strongly that it rings even more true today than ever before. Although much has changed during the last few months, our commitment to our clients, and our focus on our clients, will never waiver. Whether it is through support of our community organizations in need with funds or volunteers, or through loan or financing relief for our commercial and consumer clients, or specifically through offering Paycheck Protection Program assistance for our small businesses, we will always provide a steady hand.

I am proud of our 2019 accomplishments and that we were able to deliver a seventh year of record results for our shareholders. The enclosed report tells our story, which I hope you will also take pride in.

As we look ahead to our new normal, we will continue to keep our shareholders, our clients, our communities and our employees at the forefront. This will drive our success.

Respectfully yours,

Douglas L. Kennedy
President & CEO
Peapack-Gladstone Bank