Zachary Bermudez Joins Peapack Private Bank & Trust as Senior Managing Director

March 5th, 2025 7:04 PM
By: Newsworthy Staff

Peapack Private Bank & Trust has hired Zachary Bermudez, an experienced commercial real estate finance professional, to lead its commercial real estate division's credit and reporting functions. Bermudez brings over two decades of industry expertise to enhance the bank's financial services.

Zachary Bermudez Joins Peapack Private Bank & Trust as Senior Managing Director

Peapack Private Bank & Trust has strengthened its commercial real estate division by appointing Zachary Bermudez as Senior Managing Director. With more than 20 years of experience in commercial real estate finance, Bermudez will be responsible for managing daily credit and reporting operations while maintaining critical client relationships.

Bermudez's extensive background includes significant roles at prominent financial institutions. He began his career at North Fork Bank in 2003 and subsequently served as Group Director and Senior Vice President at Signature Bank, where he managed comprehensive commercial real estate operations and risk. During his tenure, he helped oversee a substantial $33+ billion commercial real estate loan portfolio.

Most recently, prior to joining Peapack Private Bank & Trust, Bermudez served as Managing Director of A&E Real Estate Finance, a specialized private credit platform. His academic credentials include a Master of Business Administration in Banking and Finance from Dowling College and a degree from SUNY Empire State College.

Beyond his professional achievements, Bermudez remains actively engaged in the real estate finance community, serving on the board of The Real Estate Institute at Stony Brook University. This commitment suggests he will bring both strategic insight and industry connections to his new role at Peapack Private Bank & Trust.

The bank's strategic hiring of Bermudez reflects its commitment to expanding and enhancing its commercial real estate services. As a financial institution with $7.0 billion in total assets and $11.9 billion in managed assets, Peapack Private Bank & Trust continues to demonstrate its dedication to providing sophisticated, client-centered financial solutions.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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