Peapack Private Bank & Trust has appointed Nancy Foran-Pinzon as a Senior Managing Director and Group Director in its Commercial Banking division, a strategic move aimed at supporting the institution's growth strategy in the Long Island and Tri-State Area markets. Foran-Pinzon will be based at the bank's Melville, New York location, bringing significant commercial banking expertise to a financial institution that currently holds $7.1 billion in total assets and $11.8 billion in assets under management and/or administration as of March 31, 2025. Her appointment represents a calculated expansion effort by Peapack-Gladstone Financial Corporation, the parent company founded in 1921 and known for its client-centric approach to comprehensive banking solutions.
Foran-Pinzon's extensive banking background includes her most recent position as vice president and group director with Flagstar Bank, where she developed substantial commercial banking experience. Her previous tenure at Signature Bank demonstrated her capacity for strategic financial development, particularly through establishing the first Suffolk County PCG Group and Financial Center. Under her leadership at Signature Bank, the group achieved significant financial milestones, including a peak of $306 million in balances, $230 million in commitments, and $120 million in outstandings, showcasing her ability to drive portfolio growth and manage substantial financial operations.
Prior to her work with Flagstar and Signature Bank, Foran-Pinzon held multiple roles at Fleet Bank, including vice president and portfolio manager for the contractor team. In this capacity, she worked closely with relationship managers, maintained portfolio quality, gathered financial information, and supported the underwriting process, developing the comprehensive skill set necessary for her new position at Peapack Private Bank & Trust. Her academic background includes a Bachelor of Science degree in Finance from Babson College, which she completed in just three years, highlighting both her academic efficiency and commitment to professional development in the financial sector.
The appointment comes at a strategic time for Peapack Private Bank & Trust as it seeks to expand its commercial banking presence in competitive regional markets. Foran-Pinzon's proven track record of portfolio growth and financial development positions her as a valuable addition to the bank's leadership team, potentially supporting continued expansion and enhancement of financial services offerings. Her experience in establishing new banking groups and financial centers aligns with Peapack's growth objectives, particularly in the Long Island and Tri-State Area markets where she will be based. The bank's established reputation for comprehensive banking solutions combined with Foran-Pinzon's commercial banking expertise creates a strategic partnership aimed at strengthening market position and service delivery to commercial clients throughout the region.
