Peapack Private Bank & Trust expands real estate payment methods through advanced check technology

July 10, 2026 - 04:24

Peapack Private Bank & Trust announced on July 9 that it has expanded the payment methods available for its real estate services by adopting ROC printing technology. This move allows the bank to offer more flexible and efficient transaction options for clients involved in property deals.

The new system enables the printing of checks directly at the point of closing, which can speed up the settlement process for real estate transactions. Traditionally, buyers and sellers often had to wait for physical checks to be issued and delivered, creating delays. With ROC technology, the bank can produce a certified check on-site, reducing the time between signing documents and finalizing the payment.

This upgrade is part of a broader effort by Peapack Private to modernize its real estate services. The bank has been focusing on improving the client experience by integrating technology that cuts down on paperwork and waiting periods. Real estate agents, title companies, and individual buyers and sellers are expected to benefit from the faster turnaround.

Peapack Private Bank & Trust operates primarily in New Jersey and serves a mix of commercial and private clients. The bank has not disclosed specific costs or implementation timelines for the new technology, but it is now available for eligible real estate transactions.