Payment capabilities help real estate professionals, law firms, and escrow companies close transactions faster while extending services beyond branch boundaries.
BEDMINSTER, N.J., July 08, 2026 (GLOBE NEWSWIRE) -- Peapack Private Bank & Trust (NASDAQ: PGC) today announced the expansion of its real estate services payment capabilities through the use of advanced Remote Official Check (ROC) Printing technology, enabling business customers to securely issue official bank checks for real estate transaction closings from remote locations outside traditional bank branches.
The initiative reflects Peapack Private Bank & Trust's commitment to delivering innovative treasury and payment solutions that help businesses operate more efficiently while supporting the bank's continued growth throughout key East Coast markets, including the highly competitive New York City real estate sector.
Remote Official Check Printing allows approved organizations to securely print official bank checks from designated locations while maintaining the controls, security standards and audit requirements expected from a leading financial institution. For real estate offices managing transactions across multiple markets, the ability to generate official checks on demand can significantly accelerate closings, reduce administrative delays and eliminate many of the branch visits traditionally required to complete transactions.
"Today's commercial clients expect banking services that move at the speed of business," said Greg Tamberlane, senior vice president, head of commercial bank operations New York for Peapack Private Bank & Trust. "Remote Official Check Printing allows us to provide greater convenience, flexibility and responsiveness while maintaining the high levels of security and control our clients expect. This capability is particularly valuable for real estate professionals and other businesses that need to complete time-sensitive transactions quickly and efficiently. It also enables us to serve customers in markets where we may not have a physical branch presence while delivering the same exceptional level of service."
The technology is especially attractive throughout the East Coast, where commercial organizations often conduct business across multiple states and many states mandate cash equivalent funds at closings. In the New York real estate market, where transaction timing can directly impact deal outcomes, secure on-demand access to official checks provides a significant operational advantage.