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PKBK Stock - Parke Bancorp Inc.


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Parke Bancorp Inc. logo

Parke Bancorp, Inc. functions as the holding company overseeing Parke Bank, a financial institution dedicated to serving the financial needs of individuals and small to mid-sized businesses. Operating primarily in New Jersey and Pennsylvania, the company offers a comprehensive range of personal and business banking services. These include various deposit products such as checking, savings, time deposits, money market accounts, individual retirement accounts (IRAs), and certificates of deposit (CDs). Parke Bancorp also extends a diverse portfolio of lending solutions, encompassing commercial and industrial loans, construction financing, and both commercial and residential real estate mortgages, alongside consumer loans.

In addition to traditional banking products, Parke Bancorp provides modern conveniences like debit cards, internet banking, and online bill payment services, enhancing accessibility and efficiency for its clientele. The company maintains a strategic network of 7 branch offices located in Galloway Township, Northfield, Washington Township, and Collingswood, New Jersey, as well as Philadelphia, Pennsylvania, ensuring convenient access to banking services across its operational footprint.

Founded in 1999 and headquartered in Washington Township, New Jersey, Parke Bancorp has established a strong presence in its regional markets. The company's commitment to personalized service and community-oriented banking practices underscores its mission to foster financial growth and stability for both individual and business customers. With a focus on prudent financial management and customer satisfaction, Parke Bancorp continues to uphold its reputation as a trusted financial partner in the communities it serves.

As part of its growth strategy, Parke Bancorp remains dedicated to expanding its service offerings and geographic reach while maintaining a steadfast commitment to operational excellence and regulatory compliance. The company's proactive approach to banking innovation and customer service excellence positions it for sustained success and continued leadership in the banking industry.

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Stock Sector: Banking: Northeast Banks

 

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