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4800 North Harlem Avenue Harwood Heights, IL 60656 (708) 867-6600 www.parkwaybank.com ![]() |
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Parkway Bank and Trust Company is headquartered in Harwood Heights and is the 17st largest bank in the state of Illinois. It is also the 362nd largest bank in the nation. It was established in 1964 and as of March of 2013, it had grown to 244 employees at 32 locations. Parkway Bank and Trust Company has a 3-star health rating.
Parkway Bank and Trust Company Routing Number: 071908160
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Parkway Bank and Trust Company Checking Account Rates
Parkway Bank and Trust Company Savings Account Rates
Parkway Bank and Trust Company Money Market Rates
Parkway Bank and Trust Company CD Rates
Parkway Bank and Trust Company IRA Rates
Rates updated: 6/18/2013
Data for Q1 2013
Institution Statistics
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Institution Health
Overall Score:
3 out of 5
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Worst Banking Experience EVER!!
- lisamerrigan - Monday, May 6, 2013 - 9:55 PMI had explained my main bank was out of state (military friendly bank that I have belonged to for years) but I wanted to have an instate bank for issues that sometimes came up. My account was opened and after several weeks I received a call that they did not have all the information they needed and asked where I was employed. I asked why that information was necessary since my account was already open and in good standing. She said it was information that was asked for on the original application but had not been filled out. Although I felt it was unecessary for them to know I explained that I was not working--she asked "you're unemployed" and I said yes. A few weeks after that she called again and said I would have to list where my last employment was. I told her that was none of their business and had nothing to do w/ my banking with them. My account continued to be in good standing w/ limited transactions and I was using the account occasionaly to write checks to local merchants as needed. I was contacted repeadedly to the point of harrassment to list my previous employment. They initially gave the reason as being for my protection--if someone were to come in posing as me they could use it as a security question. I explained they had a copy of my driver's license as well as the origianl questions they asked (mother's maiden name) but later I was told ever since 9/11 they were obligated to gather as much information about customers as possible and they were well within their rights to do so. I again refused because I didn't feel it was any of their business and my previous work history had nothing to do w/ my free non interesting bearing checking account. I offered to close my account and was told since it had been less than 6 mos I would have to pay $50 to do so. A few weeks later after again expressing my concerns and refusing to give them personal information I did not feel they were privy to I rec'd a letter from them stating they would be closing my account in 10 days and sending me a cashiers check. I happened to be out of town when the letter was sent out so when I actually recieved the letter the account was closing the next day. Luckily I had no outstanding checks or any other issues w/the account which could have adversely affected my account or credit . I asked to be reimbursed for the cost of the checks I purchased which were now obviously of no value to me and to be paid the $50 for them choosing to terminate my account before the 6 month mark. Needless to say I rec'd nothing and was told they were w/in their rights to close my account because I refused to provide the required information--despite the fact that I had. Since when does a bank need to know where a person used to work and throwing 9/11 around to suit their needs is inexcusable!!!
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Average User Rating:






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DO NOT TRUST PARKWAY BANK
This bank is not to be trusted. They do not back Business Debit Cards for fraudulent use. They claim that Regulation E doesn't cover us because it is only for consumers. We are self employed and our accounts are tied to a social security number. We are consumers. When approached that no other bank and even Mastercard doesn't hide behind whatever fine print they think they are hiding from, they just didn't care.
They lied, cheat, and steal. They claimed they would help me with a card issue but later went back on their word. Affter trying to fight them for six months, I am taking my business and pesonal accounts to a bank that doesn't **** customers.
I have had many customer service issues with this bank. DO NOT PUT YOUR MONEY THERE.
I would give them O stars if I could.