Peapack Private Bank & Trust is streamlining commercial real estate transactions with the launch of its new Remote Official Check (ROC) printing technology, the Bedminster-based financial institution announced Wednesday.
The initiative is designed to accelerate deal closings by allowing real estate professionals, law firms, and escrow companies to securely issue official bank checks from their own offices. By moving this process beyond traditional branch locations, Peapack Private aims to remove common administrative bottlenecks, particularly in fast-paced markets like New York City.
“Today’s commercial clients expect banking services that move at the speed of business,” Greg Tamberlane, senior vice president and head of commercial bank operations for New York at Peapack Private Bank & Trust said. “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.”
The technology, supported by the APSecure platform from AP Technology, maintains rigorous security, compliance, and audit controls while providing businesses the flexibility to issue cash-equivalent funds on demand.
As commercial organizations increasingly conduct business across state lines, the bank views this payment modernization as a strategic differentiator. By providing tools that reduce the need for in-person branch visits, Peapack Private is positioning itself to better serve high-volume clients, including law practices and insurance organizations, while expanding its footprint across the East Coast.
“Forward-thinking banks understand that payment capabilities have become a powerful differentiator in attracting and retaining commercial customers,” Tyler Gill, chief growth officer at AP Technology, said. “Peapack Private Bank & Trust has demonstrated leadership by embracing technology that enables businesses to operate more efficiently while maintaining strong controls.”
This advancement follows a period of growth for the Bedminster-based institution, which reported $7.7 billion in total assets as of March 31, 2026.
