Dec 29, 2022 | Blog, Home Page News
After more than two years of struggling through a global pandemic, U.S. consumers are now battling with surging inflation rates not seen in forty years. The average American household is spending as much as $460 per month more for the same items as last year according...
Dec 1, 2022 | Blog, Home Page News, In The Community, News
Cannabis Federally Classified Illegal Banking Challenges Industry trained Accountants specializing in tax laws governing cannabis businesses in New Jersey are critical support to ensure that book-keeping is sound. License holders are subject to frequent audits...
Nov 21, 2022 | Blog, Home Page News, News
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 over $6.9 billion to fraud, including $337 million in online shopping and non-delivery scams. Our goal is to...
Nov 21, 2022 | Blog, Home Page News, In The Community, News
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 knowledgeable in navigating the budding market’s financial needs. BY MADELEINE MACCAR It’s a rare opportunity to...
Oct 17, 2022 | Blog, Home Page News, News
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 do Credit Cards Work? Once approved for a credit card, the financial institution sets a credit...