Peapack Private Bank & Trust has welcomed Michael Madonia as a Senior Managing Director in its Commercial and Industrial Lending Division, marking a significant addition to the bank’s leadership team. Based in the bank’s New York City Park Avenue location, Madonia brings extensive banking expertise and a proven track record of client development and relationship management.
With 22 years of professional experience, Madonia previously served as a Senior Vice President Director at Amalgamated Bank, where he was responsible for building out the business banking segment. Prior to that role, he held a position as SVP, Business Banking Team Leader at M&T Bank in Tarrytown, NY, leading a team of business bankers across Westchester and Fairfield counties.
Beyond his professional achievements, Madonia demonstrates a commitment to community engagement, serving on the Board of Directors as Executive Vice President for ArtsWestchester. His academic credentials include an MBA in Financial Management from Pace University’s Lubin School of Business and a Bachelor of Science degree from the SUNY Geneseo Jones School of Business.
Madonia’s appointment comes at a time when Peapack-Gladstone Financial Corporation continues to expand its banking services. The organization, which has total assets of $7.0 billion and assets under management of $11.9 billion as of December 31, 2024, is known for its client-centric approach to banking and comprehensive financial solutions.
His expertise is expected to significantly contribute to the bank’s strategic goals of growing its commercial loan and deposit portfolio in the New York metropolitan area. By leveraging his extensive relationship management skills and deep understanding of business banking, Madonia is well-positioned to drive growth and enhance the bank’s market presence.
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