Peapack Private Bank & Trust has appointed Tim Juliano as a Senior Managing Director in its commercial banking division, with specific focus on expanding the bank's presence on Long Island. This strategic appointment represents a significant move for Peapack Private as it seeks to strengthen its position in the competitive New York banking market. Juliano brings an impressive 37-year career in commercial banking to his new role, having most recently served as a senior vice president at Flagstar Bank.
In his new position, Juliano will lead a team of relationship managers and be responsible for growing Peapack Private's market share in the Long Island region. His extensive experience managing substantial portfolios makes him particularly suited for this expansion initiative. During his tenure at Flagstar Bank, he managed a portfolio of over 50 relationships, which peaked at $440 million in deposits and $350 million in credit commitments. This track record demonstrates his capability to handle significant banking relationships and drive business growth.
Juliano's banking career includes senior leadership positions at several notable financial institutions, including Dime Community Bank, Sterling National Bank, and Capital One Bank. His foundational experience began with roles at Manufacturers Hanover Trust, Chemical Bank, and Chase Manhattan Bank, where he developed expertise in business banking and relationship management. This diverse background across multiple banking institutions provides him with comprehensive knowledge of the industry and the specific needs of commercial clients in the region.
The appointment comes as Peapack-Gladstone Financial Corporation continues to expand its client-centric banking approach. The corporation reported total assets of $7.1 billion and assets under management of $11.8 billion as of March 31, 2025. Strategic leadership appointments like Juliano's are part of the bank's broader growth strategy to enhance its commercial banking services and increase market presence. Juliano's community involvement as an ex-captain with the Hauppauge Volunteer Fire Department and his educational background, holding a Bachelor of Arts in economics from the State University of New York Stony Brook, further complement his professional qualifications for this regional leadership role.
This appointment matters because it represents a strategic investment in experienced leadership to drive regional expansion for a growing financial institution. The move signals Peapack Private's commitment to strengthening its commercial banking division and competing more effectively in the Long Island market. With Juliano's extensive experience managing substantial commercial relationships and his deep understanding of the regional banking landscape, this appointment positions the bank to capture greater market share and serve the commercial banking needs of businesses throughout Long Island. The implications extend beyond a single hire, reflecting broader industry trends where established financial institutions are strategically deploying veteran bankers to key markets to drive growth and enhance competitive positioning.
