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...
Oct 17, 2022 | Blog, Home Page News, News
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. One major risk is the overextension of your use of credit- unable to make the monthly payment. What is Credit?...
Aug 17, 2022 | Blog, Home Page News, News
Bank Director Magazine recently published their Annual Ranking Banking Study, ranking Parke Bancorp, the holding company of Parke Bank, one of the top performing community banks in the nation. The scorecard used metrics to assess performance including profitability,...