Linda Osterman has been elevated to the position of Senior Managing Director at Peapack Private Bank & Trust, a move that underscores her profound impact on the banking industry and her dedication to fostering private wealth connections via residential lending. Osterman, who is stationed at the bank's Bedminster headquarters, brings over forty years of banking expertise to her new role, having joined Peapack Private in 2013 after tenures at Mellon Bank, NA, and Summit Bank.
Her academic foundation, including a Bachelor of Arts degree from Lehigh University, complements her professional journey. Osterman's career is marked by her ability to navigate the complexities of residential lending, making her an invaluable asset to Peapack Private Bank & Trust. Her promotion is a testament to her leadership and the trust the bank places in her capabilities to drive growth and strengthen client relationships.
Aside from her professional endeavors, Osterman is deeply committed to community service. Her leadership as President of The Tewksbury Education Foundation for over a decade and her ongoing involvement with educational institutions like The Pingry School and Gill St. Bernard's School reflect her dedication to education. Additionally, her support for the Greater Somerset County YMCA demonstrates her commitment to the well-being and development of the local community.
Peapack-Gladstone Financial Corporation, the parent company of Peapack Private Bank & Trust, reported total assets of $7.0 billion and assets under management of $11.9 billion as of December 31, 2024. The corporation is renowned for its tailored banking and wealth management services, catering to the diverse needs of individuals, families, businesses, and nonprofit organizations. Osterman's promotion is indicative of the bank's commitment to excellence and its focus on delivering personalized financial solutions. For more information on Peapack Private Bank & Trust's services, visit https://www.peapackprivate.com.
