GlobeNewswire Inc | Dec 1, 2021 12:53PM EST

December 01, 2021

Bedminster, NJ, Dec. 01, 2021 (GLOBE NEWSWIRE) -- viaNewMediaWire --For the fourth year in a row, Peapack-Gladstone Bank (NASDAQ Global Select Market: PGC) has been named one of theBest Banks to Work Forin 2021 by American Banker.

TheBest Banks to Work Forprogram, which was initiated in 2013 byAmerican Bankerand Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Full results of this years program are available atAmerican Bankerand in the November issue of American Banker Magazine.

This list calls attention to institutions that have gone above and beyond to invest in employees' personal and professional growth, said Bonnie McGeer, executive editor of American Banker.

Determining theBest Banks to Work Foris a two-step process. The first step involves an evaluation of participating companies workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.

Overall, 90 banks earned a spot on the list this year.

Im so proud that we continued to receive this acknowledgement each year because it is based on employee feedback, said Doug Kennedy, president and chief executive officer of Peapack-Gladstone Bank. He continued, The fact that our employees consider working here fulfilling, and they consider each other family is amazing. Even through the pandemic we were able to keep our culture alive and thriving.

The full ranking can be found here:

https://www.americanbanker.com/list/best-banks-to-work-for-2021

Best Companies Group manages the registration and survey process and also analyzes the data to determine the final ranking.

The program is open to commercial banks, thrifts, savings banks, and other chartered retail financial institutions with at least 50 employees in the United States. For more information on eligibility or other questions related to theBest Banks to Work Forprogram, visitwww.BestBankstoWorkFor.com.

About the Company

Peapack-Gladstone Financial Corporation is a NJ bank holding company with total assets of $6.2 billion and assets under management/administration of $10.3 billion as of September 30, 2021. Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, investment banking, commercial and retail solutions, including residential lending and online platforms to businesses and consumers. Peapack Private, the Banks wealth management division, offers comprehensive financial, tax, fiduciary and investment advice, and solutions, to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them establish, maintain, and expand their legacy. Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service. Visitwww.pgbank.comandwww.peapackprivate.comfor more information.

Contact: Denise Pace-Sanders, Peapack-Gladstone Bank, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921 dpace@pgbank.com, (908) 470-3322

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