Parke Bancorp, Inc.

Parke Bancorp, Inc. is a bank holding company incorporated in New Jersey in January 2005. Its primary business is the ownership of Parke Bank, a full-service commercial bank chartered by the New Jersey Department of Banking and insured by the FDIC. The Bank operates through offices in Gloucester, Atlantic, and Camden Counties in New Jersey, and the Philadelphia area in Pennsylvania. Parke Bancorp, through Parke Bank, provides personal and business financial services to individuals and small to mid-sized businesses. The company offers a range of loan products, deposit services, and other financial products through its retail branches and other channels. Its core lending businesses include commercial real estate lending, residential real estate lending, and construction lending. Parke Bancorp also provides various commercial and industry loan and consumer loan products. The lending business is primarily funded by deposits generated through retail deposits and commercial relationships. Deposit products include checking, savings, money market deposit, time deposits, and other traditional deposit services. Additionally, the company offers contemporary products and services such as debit cards, internet banking, and online bill payment. Parke Bancorp commenced operations on June 1, 2005, following the reorganization of the Bank into a holding company structure. Its headquarters is located at 601 Delsea Drive, Washington Township, New Jersey.