Curated News
By: NewsRamp Editorial Staff
November 12, 2025
Peapack Private Bank Named 2025 Best Bank to Work For - 8th Year Running
TLDR
- Peapack Private Bank & Trust's eighth consecutive Best Banks to Work For recognition signals a stable, attractive workplace that can attract and retain top talent.
- The ranking is determined through a two-step evaluation process involving workplace policies analysis and anonymous employee surveys, with employee feedback comprising 75% of the score.
- This recognition demonstrates how positive workplace cultures at banks like Peapack Private Bank & Trust create environments where employees find purpose and thrive professionally.
- Peapack Private Bank & Trust ranked number 48 among 90 banks recognized for creating exceptional workplace environments based on employee feedback and benefits analysis.
Impact - Why it Matters
This recognition matters because workplace culture directly impacts both employee satisfaction and customer service quality in the banking sector. When financial institutions prioritize employee well-being and engagement, it typically translates to better client experiences, more innovative solutions, and greater financial stability. For consumers, banking with institutions that treat their employees well often means receiving higher quality service from motivated professionals who understand their needs. Additionally, this type of recognition helps set industry standards for workplace excellence, encouraging other banks to improve their own employee practices, which ultimately benefits the entire financial ecosystem and the communities these institutions serve.
Summary
Peapack-Gladstone Financial Corporation (NASDAQ: PGC) has announced that its subsidiary, Peapack Private Bank & Trust, has earned a prestigious spot on the 2025 Best Banks to Work For list, marking the eighth consecutive year the institution has received this honor. The recognition program, conducted through a partnership between American Banker and Best Companies Group, evaluates banking institutions based on their workplace environments and employee satisfaction. Peapack Private Bank & Trust secured the No. 48 position among 90 qualifying banks, demonstrating its continued commitment to fostering a positive and supportive workplace culture that helps employees thrive and find purpose in their work.
The selection process for the Best Banks to Work For program involves a rigorous two-step methodology that combines workplace evaluation (25% of the score) with comprehensive employee surveys (75% of the score). Banks must meet specific criteria, including having at least 50 U.S.-based employees and being in business for a minimum of one year to qualify. Chana Schoenberger, Editor-in-Chief of American Banker, emphasized that recognized institutions like Peapack Private Bank & Trust are those where employees genuinely want to build their careers, highlighting the bank's success in creating meaningful work environments. The full rankings and additional details about the program are available at American Banker's website, providing valuable insights into workplace excellence across the banking sector.
Founded in 1921, Peapack Private Bank & Trust has established itself as a significant financial institution with $7.4 billion in total assets and $12.9 billion in assets under management and administration as of September 30, 2025. The bank offers comprehensive wealth management, investment banking, and personalized banking solutions through its client-centric approach. President and CEO Doug Kennedy expressed gratitude for the recognition, attributing the achievement to the hard work and dedication of the bank's employees. For those interested in learning more about the Best Banks to Work For program or exploring career opportunities at recognized institutions, additional information can be found at Best Banks to Work For, while the original release is available on NewMediaWire, showcasing the bank's ongoing commitment to workplace excellence.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Peapack Private Bank Named 2025 Best Bank to Work For - 8th Year Running
