Parke Bank Reviews and Rates

Parke Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.parkebank.com

856-256-2500

601 Delsea Drive
Sewell, NJ 08080

Parke Bank is headquartered in SEWELL and is the 17^th largest bank in the state of New Jersey. It is also the 562^nd largest bank in the nation. It was established in 1999 and as of March of 2025, it had grown to 109 employees at 8 locations. Parke Bank has an A+ health rating.

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Health

A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	34888
Year Established	1999
Employees	109
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.6%
Return on Equity - YTD	9.95%
Annual Interest Income	$33.8MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$2.14B$2.01B
Loans	Q1 2025vs Q1 2024	$1.85B$1.75B
Deposits	Q1 2025vs Q1 2024	$1.67B$1.57B
Equity Capital	Q1 2025vs Q1 2024	$348.2MM$330.6MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$33.1MM$31.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$11.4MM$7MM
Real Estate Owned	Q1 2025vs Q1 2024	$1.6MM$1.6MM

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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

Locations

Parke Bank Locations
Spruce Street Branch	1610 Spruce Street	Philadelphia, PA 19103
Northfield Office Branch	501 Tilton Road	Northfield, NJ 08225
Washington Township Branch	567 Egg Harbor Road At Hurffville Cross Keys Road	Sewell, NJ 08080
Parke Bank	601 Delsea Dr	Sewell, NJ 08080
Galloway Branch	67 E Jimmie Leeds Rd	Galloway, NJ 08205
Collingswood Branch	1150 Haddon Avenue	Collingswood, NJ 08108
Arch Street Branch	1032 Arch Street	Philadelphia, PA 19107

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