Bruce A. Watterson Joins Peapack Private Bank & Trust as Senior Managing Director
TL;DR
Bruce A. Watterson's addition to Peapack-Gladstone Financial Corporation enhances its competitive edge in commercial banking with his 40 years of expertise in middle market and high net worth client services.
Bruce A. Watterson joins Peapack Private Bank & Trust as Senior Managing Director, bringing a structured approach to commercial banking with his extensive background in finance and leadership roles.
Bruce A. Watterson's role at Peapack Private Bank & Trust supports community and client growth, aligning with the bank's mission to foster financial legacies and community development.
Discover how Bruce A. Watterson's 40-year banking journey enriches Peapack Private Bank & Trust's Garden City team, blending finance expertise with deep community ties.
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Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have announced the addition of Bruce A. Watterson to their team as a Senior Managing Director, Managing Group Director, within the Bank’s Commercial Banking division. This move underscores the bank's commitment to strengthening its commercial banking services with seasoned leadership. Watterson will operate from the Bank’s newest location in Garden City, New York, bringing over 40 years of banking expertise to the role.
Watterson's previous tenure at Flagstar Bank, where he served as a senior vice president and managing group director, highlights his capability in addressing the financial needs of middle market businesses and high net worth individuals in the NY Metro area. His background also includes significant roles at CitiGroup Private Bank, National Westminster Bank, Marine Midland Bank, and Mellon Financial Services, showcasing a broad and deep understanding of the banking sector.
Educationally, Watterson is a graduate of Pace University’s Lubin School of Business, with a major in Finance and Accounting. His professional credentials include being a Certified Cash Manager (CCM) and holding Series 6, 7, and 63/64 NASD licenses, along with a NYS Life and Health and Annuity License. Beyond his professional achievements, Watterson is deeply embedded in the Long Island community, contributing his time and expertise to various committees and boards.
Peapack-Gladstone Financial Corporation, the parent company of Peapack Private Bank & Trust, is a notable entity in the banking sector with total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. The bank prides itself on a client-centric approach, offering a wide range of financial services tailored to meet the unique needs of its clients. For more information, visit https://www.peapackprivate.com.
Watterson's appointment is a strategic move for Peapack Private Bank & Trust, aiming to enhance its commercial banking division's offerings and expand its footprint in the competitive New York banking landscape. His extensive experience and community involvement are expected to bring valuable insights and leadership to the bank's operations.
Curated from NewMediaWire
