The Parke Bank Blog
How to Detect and Prevent Holiday Scams
How to Detect and Prevent Holiday Scams Each year, thousands of people become victims of holiday scams. According to the FBI, in 2021, Americans lost...
Leading the Way in the Cannabis Banking Industry- SJ Biz Magazine
Leading the Way As one of the first financial institutions to support businesses in the nascent cannabis industry, the team at Parke Bank has become quite...
What is a Credit Card and How Does it Work?
A credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt....
How to Establish and Build your Credit
Establishing good credit is a key step towards buying a vehicle, purchasing a home, or applying for a personal loan. Credit offers both benefits and risks....
Parke Bank Named Among Top Performing Banks in the Nation
Bank Director Magazine recently published their Annual Ranking Banking Study, ranking Parke Bancorp, the holding company of Parke Bank, one of the top...
A Step-by-Step Guide on How to Open a Business Bank Account
If you're joining the more than 30 million small business owners in the U.S., you must take several steps to get your business up and running, which...
Small Business Management: The Benefits of Applying for a Business Loan
About 20-percent of all small businesses fail in their first year, and many fail because of a lack of funds. Sometimes, good small business management means...
How to Choose the Best Bank for Your Business Needs?
Statistics show that only 48% of businesses in the United States have attained their financial needs. The remaining 52% of businesses receive minimal...
What to Look for When Choosing a Bank
How to Choose a Bank and What to Look For in One Are you wondering how to choose a bank and what to look for in an account? Read this guide for tips on...
Managing Your Business Transactions With a Business Bank Account
At the startup of your business, it may seem simpler to run your business transactions through your personal account. Here's when to consider a change....
Choosing a Bank for Your Business in South Jersey: Questions to Ask
A Small Business Banking Satisfaction Study found that only 37% of small businesses believe that their bank appreciates their business. In the...
How to Choose a Bank in Philadelphia for Your Small Business
The number of small businesses in the United States has doubled since 1982. Small businesses make up a huge portion of the economy in the United States....