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Linda Osterman Promoted to Senior Managing Director at Peapack Private Bank & Trust

Burstable News - Business and Technology News March 27, 2025
By Burstable News Staff
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Linda Osterman Promoted to Senior Managing Director at Peapack Private Bank & Trust

Summary

Experienced banking professional Linda Osterman advances to Senior Managing Director, leveraging her four decades of financial expertise to develop private wealth relationships at Peapack Private Bank & Trust.

Full Article

Peapack-Gladstone Financial Corporation has promoted Linda Osterman to Senior Managing Director, recognizing her extensive banking experience and strategic contribution to the bank's private wealth management division. Based at the Bedminster headquarters, Osterman will continue to focus on originating residential-related loans for high-net-worth clients and wealth management prospects.

With over 40 years of banking experience, Osterman brings a robust professional background to her new role. Having previously worked at Mellon Bank, NA, and Summit Bank in residential lending positions, she joined Peapack Private in 2013 and has since been an integral part of the organization's lending strategy.

Osterman's professional achievements are complemented by her significant community involvement. She served as President of The Tewksbury Education Foundation for more than 11 years and remains actively engaged with local educational institutions, including The Pingry School and Gill St. Bernard's School. Her ongoing support of the Greater Somerset County YMCA further demonstrates her commitment to community development.

The promotion underscores Peapack-Gladstone Financial Corporation's commitment to recognizing and cultivating leadership talent within its organization. With total assets of $7.0 billion and assets under management of $11.9 billion as of December 31, 2024, the bank continues to strengthen its position in the competitive financial services landscape.

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