Park Bank

Overview / Commentary

www.parkbank.com

608-283-6821

2401 South Park Street
Madison, WI 53713

Park Bank is headquartered in Madison and is the 20^th largest bank in the state of Wisconsin. It is also the 773^rd largest bank in the nation. It was established in 1966 and as of June of 2022, it had grown to 165 employees at 9 locations. Park Bank's CD rates are 4X the national average, and it boasts an A+ health rating.

Reviews (1)

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Convenient

Posted by: chrystalkim76 | Aug 1, 2017

They offer quite a few services including checking and savings accounts. You can choose to invest with this bank as well. I have never had any service issues. The fees are competitive. They make banking very convenient. Customer service has always been professional and friendly. Overall great experience and haven't experienced any difficulties.

Comment

Health

A+

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	19608
Year Established	1966
Employees	165
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.05%
Return on Equity - YTD	10.33%
Annual Interest Income	$22.3MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$1.33B$1.26B
Loans	Q2 2022vs Q2 2021	$1.12B$1.03B
Deposits	Q2 2022vs Q2 2021	$1.17B$1.06B
Equity Capital	Q2 2022vs Q2 2021	$134.6MM$127.9MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$15.0MM$16.9MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$380.00K$4.8MM
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Park Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Park Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$250k^*	-	Investor Savings
OTHER TIERS: 0.01% → Up to $1k \| 0.03% → $1k - $25k \| 0.05% → $25k - $100k \| 0.10% → $100k - $250k
0.05%^*	$25k^*	-	Classic Savings
OTHER TIERS: 0.01% → Up to $2.5k \| 0.03% → $2.5k - $25k
0.03%	-	-	Early Saver
0.01%	$1k	-	Health Savings Account- Individual
0.01%	$1k	-	Health Savings Account- Family

Park Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%^*	$1m^*	-	Business Money Market
OTHER TIERS: 0.15% → Up to $25k \| 0.30% → $25k - $95k \| 0.60% → $100k - $500k \| 0.80% → $500k - $1m
0.60%^*	$100k^*	-	Money Market
OTHER TIERS: 0.05% → Up to $1k \| 0.10% → $1k - $10k \| 0.20% → $10k - $25k \| 0.40% → $25k - $100k

Park Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.01%	-	-	Aspire Checking

Park Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.50%	$25k	-	12 Month Special- New Money
0.50%	$1k	-	5 Year CD
0.40%	$1k	-	4 Year CD
0.30%	$1k	-	3 Year CD
0.25%	$1k	-	2 Year CD
0.20%	$1k	-	18 Month CD
0.15%	$1k	-	1 Year CD
0.10%	$2.5k	-	6 Month CD
0.07%	$5k	-	3 Month CD

Park Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$1k	-	5 Year IRA
0.40%	$1k	-	4 Year IRA
0.30%	$1k	-	3 Year IRA
0.25%	$1k	-	2 Year IRA
0.20%	$1k	-	18 Month IRA
0.15%	$1k	-	1 Year IRA
0.10%	$2.5k	-	6 Month IRA

Locations

Park Bank Locations
Verona Branch	104 South Main Street	Verona, WI 53593
Park Bank-Support Center Branch	1815 Greenway Cross	Madison, WI 53713
Middleton Branch	2275 Deming Way	Middleton, WI 53562
The Park Bank	2401 S Park St	Madison, WI 53713
Capitol Square Branch	33 East Main Street	Madison, WI 53703
Old Sauk Branch	8001 Excelsior Drive Ste 100	Madison, WI 53717
Hilldale Branch	4050 University Avenue	Madison, WI 53705
Sun Prairie Branch	110 North Grand Ave, Suite 108	Sun Prairie, WI 53590
Fitchburg Branch	1601 Greenway Cross, Suite 101	Fitchburg, WI 53713

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