Parke Bank

Parke Bank

Overview / Commentary
601 Delsea Drive
Sewell, NJ 08080

Parke Bank is headquartered in SEWELL and is the 18th largest bank in the state of New Jersey. It is also the 582nd largest bank in the nation. It was established in 1999 and as of December of 2023, it had grown to 104 employees at 8 locations. Parke Bank has a B+ health rating.

Reviews (1)

I Have Been A Customer For 6 Years As A Borrower And Depositor - Excellent Bank

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I have been with Parke Bank for six years.  They are fabulous to deal with as a business owner.  They call if there is an issue (like a check coming through with insuffient funds) so I can resolve it without incurring fees, they stay open late to wait for me if I am running over, they bend over backwards for customer service and when the recession hit and I had multiple projects with the bank as lender they stood behind me to help see the projects to completion.  Vito Pantileone who is the CEO is a man of his word and combines common sense and banking (a miracle in this age) and is an old fashioned - handshake is his word - kind of guy.  I may not get the cheapest rates but they are a bank that is reliable, has outstanding customer service and who I cannot recommend highly enough.


Health Grade Components

FDIC Certificate #34888
Year Established1999
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.6%
Return on Equity - YTD10%
Annual Interest Income$112.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$2.02B$1.98B
LoansQ4 2023vs Q4 2022$1.76B$1.72B
DepositsQ4 2023vs Q4 2022$1.56B$1.58B
Equity CapitalQ4 2023vs Q4 2022$326.1MM$307.6MM
Loan Loss AllowanceQ4 2023vs Q4 2022$32.1MM$31.8MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$7.2MM$16.3MM
Real Estate OwnedQ4 2023vs Q4 2022$1.6MM$1.6MM

Sorry, we do not have rate data for Parke Bank.


Parke Bank Locations
Spruce Street Branch1610 Spruce StreetPhiladelphia, PA 19103
Northfield Office Branch501 Tilton RoadNorthfield, NJ 08225
Washington Township Branch567 Egg Harbor Road At Hurffville Cross Keys RoadSewell, NJ 08080
Parke Bank601 Delsea DrSewell, NJ 08080
Galloway Branch67 E Jimmie Leeds RdGalloway, NJ 08205
Collingswood Branch1150 Haddon AvenueCollingswood, NJ 08108
Arch Street Branch1032 Arch StreetPhiladelphia, PA 19107

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