Park Bank


Overview / Commentary
608-283-6821
2401 South Park Street
Madison, WI 53713

Park Bank is headquartered in MADISON and is the 20th largest bank in the state of Wisconsin. It is also the 753rd largest bank in the nation. It was established in 1966 and as of March of 2023, it had grown to 165 employees at 9 locations. Park Bank's money market rates are 36% higher than the national average, and it has an A health rating.

Reviews (1)

Convenient

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.



Health

Health Grade Components

Overall
FDIC Certificate #19608
Year Established1966
Employees165
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.5%
Return on Equity - YTD5.34%
Annual Interest Income$14.0MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$1.41B$1.33B
LoansQ1 2023vs Q1 2022$1.20B$1.06B
DepositsQ1 2023vs Q1 2022$1.13B$1.11B
Equity CapitalQ1 2023vs Q1 2022$133.8MM$134.8MM
Loan Loss AllowanceQ1 2023vs Q1 2022$14.3MM$14.6MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$839.00K$325.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Aspire Checking

Park Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.60%--7 Month Special- New Money
4.35%--11 Month Special- New Money
0.50%--5 Year CD
0.40%--4 Year CD
0.30%--3 Year CD
0.25%--2 Year CD
0.20%--18 Month CD
0.15%--1 Year CD
0.10%--6 Month CD
0.07%--3 Month CD

Park Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--5 Year IRA
0.40%--4 Year IRA
0.30%--3 Year IRA
0.25%--2 Year IRA
0.20%--18 Month IRA
0.15%--1 Year IRA
0.10%--6 Month IRA
Locations


Park Bank Locations
Verona Branch104 South Main StreetVerona, WI 53593
Park Bank-Support Center Branch1815 Greenway CrossMadison, WI 53713
Middleton Branch2275 Deming WayMiddleton, WI 53562
The Park Bank2401 S Park StMadison, WI 53713
Capitol Square Branch33 East Main StreetMadison, WI 53703
Old Sauk Branch8001 Excelsior Drive Ste 100Madison, WI 53717
Hilldale Branch4050 University AvenueMadison, WI 53705
Sun Prairie Branch110 North Grand Ave, Suite 108Sun Prairie, WI 53590
Fitchburg Branch1601 Greenway Cross, Suite 101Fitchburg, WI 53713

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