FAQ: Alex Lurye Joining Peapack Private's New York Commercial Banking Team
Summary
Peapack Private Bank & Trust has hired Alex Lurye as Senior Managing Director for its New York commercial banking team. This strategic hire brings over 23 years of commercial lending expertise to strengthen the bank's presence in the New York market.
What is the main announcement in this press release?
Peapack Private Bank & Trust has hired Alex Lurye as Senior Managing Director to join their New York-based commercial banking team, bringing extensive experience to strengthen their commercial lending operations.
Who is Alex Lurye and what experience does he bring?
Alex Lurye is a banking professional with over 23 years of commercial lending experience across New York, Westchester, and Long Island. Most recently, he served as Senior Credit Officer of NYC Lending at Valley National Bank, overseeing a $4 billion portfolio.
What was Alex Lurye’s most recent position before joining Peapack Private?
He served as Senior Credit Officer of NYC Lending at Valley National Bank, where he oversaw multiple underwriting teams managing a portfolio of $4 billion in commitments and $2.7 billion in outstandings.
What other banking institutions has Alex Lurye worked for?
Prior to Valley National Bank, Alex held significant roles at Santander Bank and Wells Fargo, both based in New York, where he developed his credit and relationship banking skills.
What is Alex Lurye’s educational background?
He earned his Bachelor of Arts degree in Business Management and Finance, with a minor in Philosophy, from Brooklyn College in Brooklyn, NY.
What is Peapack Private Bank & Trust and what services do they offer?
Peapack Private Bank & Trust is a commercial bank founded in 1921 that offers client-centric banking with wealth management, investment banking, and commercial and personal banking solutions. They had $7.2 billion in total assets and $12.3 billion under management as of June 30, 2025.
When was this announcement made?
The announcement was made on October 3, 2025.
Where is Peapack Private Bank & Trust headquartered?
The company is headquartered in Bedminster, New Jersey, with their contact address at 500 Hills Drive, Suite 300, Bedminster, NJ 07921.
Who can I contact for more information about Peapack Private Bank & Trust?
Contact Denise Pace-Sanders, SVP Managing Principal, Brand and Marketing Director at [email protected] or (908) 470-3322.
Where can I find more information about Peapack Private Bank & Trust?
Visit www.peapackprivate.com for more information about the bank and its services.
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