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Important Updates COVID-19

Committed to Our Communities

At Parke Bank we are committed to providing exceptional customer service. In order to continue doing so, we must ensure the health and safety of our customers as well as our employees.

As the cases of the Coronavirus, COVID-19 continue to rise worldwide, we want to reassure you that Parke Bank is monitoring the situation and will keep you posted on any updates about how we will continue to operate safely and effectively.

Parke Bank supports the Small Business Administration Paycheck Protection Program (PPP), which authorized $349 billion in forgivable loans for small businesses to pay their employees during the COVID-19 crisis. Parke Bank was able to approve over 80% of the applicants and allocated over $60 million to small business owners in their time of need. As of April 16th, the SBA has announced that funds for this plan have been exhausted. Congress is now working to provide additional funding. If additional PPP funding becomes available, further information will be communicated.

Parke Bank is participating in the Mortgage Payment Relief Program and will provide mortgage forbearance and financial protection for New Jersey residents who are facing economic hardship as a result of COVID-19.  For more information, please call Ralph Gallo at 856-256-2500.

Steps We are Taking

We continue to carefully monitor the many changes in the region caused by the COVID-19 crisis. As previously stated, the health and welfare of our staff and customers are our number one priority. We have implemented several changes to our procedures in order to reduce the possibility of the virus exposure.  These procedures include enhancing the cleaning of our branch offices, purchasing and placing additional cleaning supplies and hand sanitizers throughout our branches and offices, minimizing non-essential meetings and cancelling any scheduled social or networking events.

Secure Banking Access- Anytime, Anywhere

We do encourage all customers to visit parkebank.com to enroll in Online Banking or download our Mobile Banking App.  Online Banking and the Mobile Banking App allows customers to view accounts and statements online, transfer between accounts, pay bills and deposit checks.  You can download the Parke Bank Mobile Banking App in the App StoreSM or Google PlayTM.

Branch Locations and Access Availability

All branch lobbies are open Monday through Friday from 9:00AM to 4:00PM.  Our Collingswood and Arch Street branch lobbies are open Saturday from 10:00AM to 2:00PM. Drive-thru lanes and ATM access are available at some locations.

Requirements to enter the building are as follows:
• Maximum of two customers at a time (Spruce Street location- one customer due to space)
• Mask worn at all times
• Maintain social distancing guidelines
• Present identification

Main Office-Sewell NJ
601 Delsea Drive
856.256.2500
Lobby – Open
Monday-Friday 9:00am-4:00pm
Drive-Thru Open
Monday-Friday 8:30am-5:00pm
Saturday 8:30am-2:00pm
ATM Available 24/7
Kennedy Office
567 Egg Harbor Road
856.582.6900
Lobby – Open
Monday-Friday 9:00am-4:00pm
Drive-Thru Open
Monday-Friday 8:30am-5:00pm
Saturday 8:30am-2:00pm
ATM Available 24/7
Galloway Township Office
67 E. Jimmie Leeds Road
609.748.9700
Lobby – Open
Monday-Friday 9:00am-4:00pm
Drive-Thru Open
Monday-Friday 8:30am-5:00pm
Saturday 8:30am-2:00pm
ATM Available 24/7
Northfield Office
631 Tilton Road
609.646.6677
Lobby – Open
Monday-Friday 9:00am-4:00pm
Drive-Thru Open
Monday-Friday 8:30am-5:00pm
Saturday 8:30am-2:00pm
ATM Available 24/7
Collingswood Office
1150 Haddon Avenue
856.858.0825
Lobby – Open
Monday-Friday 9:00am-4:00pmATM Available 24/7
1610 Spruce Street-Philadelphia
215.735.1999
Lobby – Open
Monday-Friday 9:00am-4:00pm
1032 Arch Street-Philadelphia
215.982.1975
Lobby – Open
Monday-Friday 9:00am-4:00pm
ATM Available 24/7

 

Safe deposit box access is available through appointment only.

For more information, please contact customer service at 866.727.5325 or info@parkebank.com

We will continue to closely monitor the situation and evaluate additional measures to support and update our customers and community as needed.

Keeping your Online Banking Information Secure during COVID-19

With the increased use of online banking during the COVID-19 pandemic, the Federal Trade Commission warns consumers about scams that may target your personal information.  Phishing scams can include email, phone calls or text messages requesting money or personal information.  If you receive a suspicious email or text, do not respond or click on any links/attachments.

Parke Bank will not ask for any personal information via email or text message.  If you suspect you have received a fraudulent email or text from Parke Bank please contact us at 856-256-2500

Examples of phishing scams include:

  • Bank or financial institutions requesting information about your account
  • Donations for charitable causes
  • Posing as a government organization providing information about the coronavirus
  • Medical supply companies offering hard-to-find supplies
  • Imitation business correspondence due to the increase of remote employees
  • Requests for account/Social Security numbers to process government stimulus checks

Protect your information

There are several steps you can take to protect your information:

  • Do not use public Wi-Fi to access your online or mobile banking.  This can put your banking information at risk if the connection is not secure.
  • Update passwords for online and mobile banking to ensure hackers cannot access your accounts.
  • Monitor your banking activity for transactions to verify purchases are authorized by you.

Tips for recognizing phishing emails during the COVID-19 pandemic:

  • Requests for personal information. Any email seeking personal information like your Social Security number or login information is a scam.
  • Check the email address or link. Sometimes, it’s obvious the web address is not legitimate, but phishers can create links that closely resemble legitimate addresses.
  • Look for spelling or grammatical errors: If an email includes spelling, punctuation and grammar errors, it’s is most likely a phishing email.
  • Avoid emails that urge a quick response: A sense of urgency or demand immediate action can also be a sign of phishing email.

Learn More about COVID-19

Centers for Disease Control and Prevention

World Health Organization (WHO)

Pennsylvania Department of Health

New Jersey Department of Health


The Federal Deposit Insurance Corporation (FDIC) has permanently increased deposit insurance on all accounts to $250,000 per depositor.