Peapack Private Bank Appoints Long Island Banking Veteran to Lead Commercial Expansion

Peapack Private Bank & Trust has strengthened its commercial banking leadership with the appointment of Tim Juliano as Senior Managing Director, specifically tasked with expanding the bank's presence on Long Island. This strategic hire signals Peapack Private's intensified focus on capturing a larger share of the competitive New York City metropolitan area commercial banking market. Juliano brings 37 years of industry experience, most recently as a senior vice president at Flagstar Bank, where he managed a significant portfolio exceeding 50 relationships with substantial financial commitments.

The importance of this appointment lies in the direct challenge it presents to established regional and national banks operating on Long Island. By placing a seasoned local banking executive like Juliano in a leadership role, Peapack Private is deploying a proven strategy: using deep, hyper-local expertise and relationships to compete against larger institutions. During his tenure at Flagstar, Juliano's portfolio peaked at $440 million in deposits and $350 million in credit commitments, demonstrating a capacity to manage and grow substantial commercial banking business. This track record is critical for Peapack Private, a subsidiary of Peapack-Gladstone Financial Corporation, which reported $7.1 billion in total assets and $11.8 billion in assets under management as of March 31, 2025.

Juliano's career, which includes senior leadership roles at Dime Community Bank, Sterling National Bank, and Capital One Bank, provides him with an intricate understanding of the Long Island business landscape. His foundational experience at major institutions like Manufacturers Hanover Trust, Chemical Bank, and Chase Manhattan Bank further equips him with the technical banking acumen necessary for complex commercial lending and relationship management. The implication for the local business community is the potential for increased competition among lenders, which could lead to more favorable terms and a greater focus on client-centric services as Peapack Private seeks to differentiate itself.

Beyond his professional credentials, Juliano's long-standing community involvement, including service as an ex-captain with the Hauppauge Volunteer Fire Department, underscores a commitment to the region that extends beyond banking. This local embeddedness is a valuable intangible asset for a bank seeking to build trust and deepen its roots in a specific geographic market. For Peapack Private, this move is not merely a personnel change but a calculated investment in localized leadership to execute its growth strategy. The success of this initiative will be measured by the bank's ability to translate Juliano's relationships and experience into tangible market share gains, influencing the competitive dynamics of commercial banking across the New York metro area.