SOURCE: Peapack-Gladstone Financial Corp

September 15, 2015 12:59 ET

Peapack-Gladstone Bank Announces Team to Head New SBA Lending Division

BEDMINSTER, NJ--(Marketwired - Sep 15, 2015) - Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank announce the appointment of Andrew M. Glatz as Senior Managing Director, head of the Bank's new SBA Lending Division, and David L. Clerkin, Vice President, Senior Loan Specialist. With over 30 years of combined experience in SBA Lending, Glatz and Clerkin will be responsible for the bank's further growth of SBA business with a focus on providing new and existing business clients exceptional, personalized service. Andrew and David will be a part of the bank's high-touch, private banking team located at 300 Carnegie Center in Princeton, NJ.

For 62 years, the goal of the U.S. Small Business Administration (SBA) has been to support our nation's overall economy and help individuals start, build and grow their businesses. Peapack-Gladstone Bank's new SBA Lending Division will provide qualifying small business owners custom-tailored assistance, supporting their financing needs and helping their businesses to prosper and succeed.

With over 20 years of experience in the financial services industry, Andrew Glatz has a proven track record of increasing sales and market share in a highly competitive industry through financial analysis and business development, with a concentrated focus on SBA lending. Most recently, Andrew served as Senior Vice President, SBA Manager at Colonial American Bank in Shrewsbury, NJ where he was recognized as "Breakthrough Lender of the Year." Prior to that, he served in equally impressive roles as Senior Vice President, SBA Manager at Central Jersey Bank/Kearny Federal Bank and as Vice President, SBA Lending Officer at Sun National Bank in Wall, NJ.

Andrew resides in Toms River, NJ and holds a Bachelor of Arts Degree in Business Administration from Stockton University and has completed American Bankers Association and National Association of Government Guaranteed Lenders seminars on a wide variety of financial and Small Business Administration topics.

David L. Clerkin brings 10 years of financial services expertise to the Bank, with a concentrated focus on SBA underwriting. Prior to joining Peapack-Gladstone Bank, he held the position of Vice President, SBA Underwriter/Commercial Credit Analyst at Colonial American Bank in Shrewsbury, NJ and prior to that as SBA Underwriter at Kearny Federal Savings Bank (formerly Central Jersey Bank, N.A.) and Sun National Bank in Wall, NJ. In these roles, David played an integral part in the startup of SBA loan programs and received Colonial American Bank's award as New Jersey's 2013 SBA "Breakthrough Lender of the Year."

A resident of Monroe Township, NJ, David holds a Bachelor of Arts Degree in Economics from Rutgers University with a concentration in mathematics.

About Peapack-Gladstone Bank

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total asset of $3.12 billion as of June 30, 2015. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative private banking services to businesses, non-profits and consumers, which help them to establish, maintain and expand their legacy. Through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, its wealth management division, and its branch network and online platforms, Peapack-Gladstone Bank offers an unparalleled commitment to client service.

Contact Information

  • Contact:
    Rosanne Schwab
    Peapack-Gladstone Bank
    Assistant Vice President, Public Relations
    500 Hills Drive, Suite 300
    Bedminster, NJ 07921
    rschwab@pgbank.com
    (908) 719-6543