Michael Madonia joins Peapack Private Bank & Trust as senior managing director

On March 25, 2025, Peapack-Gladstone Financial Corporation publicly announced the addition of Michael Madonia to their team at Peapack Private Bank & Trust in the United States. He has taken the role of Senior Managing Director within the Commercial and Industrial Lending Division. Madonia brings with him 22 years of banking experience, demonstrating an impressive record as a relationship manager and team leader. His wealth of knowledge in client development is expected to significantly enhance the bank's efforts in expanding their commercial loan and deposit portfolio specifically in the New York metropolitan area. Prior to joining Peapack Private Bank & Trust, Michael Madonia held the position of Senior Vice President Director at Amalgamated Bank. In this role, he was key in developing the bank's business banking segment. His prior experience also includes working at M&T Bank in Tarrytown, New York, where he was responsible for leading a team of business bankers. His extensive background in banking and client management aligns with the bank's goals of growth and exemplary service delivery. Aside from his professional achievements, Michael Madonia is also dedicated to community involvement. He serves as the Executive Vice President on the Board of Directors for ArtsWestchester, promoting and supporting the arts in the community. This commitment to community service complements his banking work and reflects a holistic approach to his professional ethos. Peapack-Gladstone Financial Corporation continues to establish itself as a strong player in financial services, boasting total assets of $7.0 billion and assets under management of $11.9 billion as of December 31, 2024. With Michael Madonia's expertise, the company aims to solidify its position further within the competitive banking landscape, particularly within the commercial banking sector in New York.