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Gary Todd Pancoast Joins Peapack-Gladstone Bank

BEDMINSTER, NJ -- (Marketwired) -- 01/14/14 -- Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank announce that Gary Todd Pancoast has joined the Bank as senior managing director, wealth. A resident of Morristown, NJ, Pancoast is responsible for growing the Bank's wealth business by offering high-net-worth clients fully integrated solutions that are designed to provide multi-generational support.

A seasoned and driven leader, Gary brings more than 20 years of experience in wealth management, along with an expertise in portfolio management, client acquisition, estate planning and private banking, to Peapack-Gladstone Bank. Since 2004, Pancoast has held successful positions at US Trust/Bank of America Private Wealth Management, directing high-performing teams focused on innovative client development strategies and first-class custom portfolio management, asset allocation, tax and estate planning, as well as private banking services. He most recently served as managing director where he successfully led the nation in the acquisition of new wealth management relationships, repeatedly earning the distinction of Top Producing Private Client Advisor in the greater Tri-State area.

"Gary is another successful leader in the wealth management business that we are thrilled to be adding to our team," said Doug Kennedy, President and Chief Executive Officer. "He is a proven revenue producer, an innovative leader and is known as a trusted partner among his clients."

Mr. Pancoast holds a Bachelor of Science Degree in Finance from Fairleigh Dickinson University, Madison, NJ, where he was the quarterback for the university's football team. He is also a graduate of the Executive Certificate Program at Stanford University, Palo Alto, California. He is Financial Industry Regulatory Authority (FINRA) Series 7 and 66 licensed, a graduate of the Cannon Financial Institute Trust School, where he is a Certified Trust Financial Advisor (CTFA) Candidate, and is currently pursuing Accredited Investment Fiduciary and Certified Wealth Strategist certifications.

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $1.8 billion as of September 30, 2013. 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.

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