BEDMINSTER, N.J., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private announced today its entrance into the yacht financing business, further expanding the Bank’s suite of customized lending solutions for high-net-worth individuals, families and their advisors. As part of the launch, Peapack Private has hired industry veterans, Jim Velez, and Derick Buffum, to lead the new Yacht Financing team.