Bruce A. Watterson has joined Peapack Private Bank & Trust as a Senior Managing Director and Managing Group Director within the Bank’s Commercial Banking division, bringing over four decades of banking experience to the institution. His appointment represents a strategic enhancement of the bank's leadership team, particularly in serving middle market businesses and high net worth individuals. Watterson will operate from the Bank’s newest location in Garden City, New York, supporting Peapack Private's expansion in the NY Metro area.
Watterson's extensive career includes significant roles at major financial institutions such as Flagstar Bank, CitiGroup Private Bank, National Westminster Bank, Marine Midland Bank, and Mellon Financial Services. His background in corporate, private, and middle market banking aligns with Peapack Private's client-focused approach, which emphasizes customized financial solutions. Academically, Watterson holds a degree in Finance and Accounting from Pace University’s Lubin School of Business and possesses professional certifications including Certified Cash Manager status and various NASD licenses.
Beyond his professional qualifications, Watterson is actively engaged in community development on Long Island, participating in numerous committees and boards. His involvement with organizations like The Energeia Partnership and The Education and Assistance Corp (EAC) demonstrates a commitment to societal contributions that extends beyond banking services. This community-oriented perspective complements Peapack Private's holistic approach to client relationships.
Peapack Private Bank & Trust, a subsidiary of Peapack-Gladstone Financial Corporation, continues to strengthen its position in the financial services industry by attracting experienced professionals like Watterson. The bank's focus on wealth management, investment banking, and commercial and personal banking services is expected to benefit from Watterson's deep industry knowledge and client service expertise. His appointment reflects the bank's ongoing strategy to enhance its capabilities through seasoned leadership, particularly in key growth markets like the New York metropolitan region.
