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Overview
Parke Bancorp is a New Jersey-based bank holding company that operates through its subsidiary, Parke Bank. The company provides a range of banking services to individuals and businesses, including checking and savings accounts, loans, mortgages, investment services, and credit cards. Parke Bancorp was founded in 1999 and is headquartered in Sewell, New Jersey. The company has grown through organic growth and strategic acquisitions, and currently has branches in several New Jersey counties, as well as in Pennsylvania. As of 2020, Parke Bancorp had total assets of approximately $2.47 billion and employs over 150 people. The company prides itself on being a community-focused bank, with a strong commitment to supporting local businesses and individuals. In addition to its banking services, Parke Bancorp is actively involved in its local communities through charitable donations and volunteer efforts. The company also maintains a strong financial performance, with consistent growth and profitability over the years.
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