Parke Bancorp, Inc. - Common Stock (PKBK)
Frequently Asked Questions About Parke Bancorp, Inc. - Common Stock (PKBK)
Does Parke Bancorp offer online banking?
Yes, Parke Bancorp, Inc. offers online banking services through its subsidiary Parke Bank. Customers can access their accounts, conduct transactions, pay bills, and manage their finances conveniently through the bank’s secure online and mobile platforms.
How does Parke Bancorp ensure customer security?
Parke Bancorp takes customer security seriously and implements various measures to protect personal and financial information. These measures include advanced encryption technology, secure internet connections, and ongoing monitoring for unusual account activity to prevent fraud.
How does Parke Bancorp measure success?
Parke Bancorp, Inc. measures success through various key performance indicators, including loan growth, deposit growth, net income, and customer satisfaction ratings. The company evaluates these metrics on a regular basis to gauge its performance and make informed strategic decisions.
How does Parke Bancorp support its community?
Parke Bancorp, Inc. actively supports its community through various initiatives, including financial literacy programs, sponsorships of local events, and charitable contributions. The company strives to make a positive impact in the communities where it operates, emphasizing its commitment to social responsibility.
How is Parke Bancorp involved in digital banking?
Parke Bancorp, Inc. has made significant investments in digital banking to enhance customer convenience and reach. The company's online banking platform allows customers to manage accounts, transfer funds, and pay bills easily, supporting the trend of modern banking in a digital era.
Is Parke Bancorp publicly traded?
Yes, Parke Bancorp, Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol 'PKBK'. As a publicly traded company, it is subject to regulatory oversight and must comply with financial reporting requirements set forth by the SEC.
What are Parke Bancorp's plans for future expansion?
Parke Bancorp, Inc. plans to pursue future expansion through the opening of new branch locations, enhancing its digital banking capabilities, and exploring strategic partnerships or acquisitions. The company's leadership remains committed to growing its market footprint while continuing to serve its existing customers effectively.
What are the growth strategies of Parke Bancorp, Inc.?
Parke Bancorp, Inc. employs growth strategies that include expanding its branch network, enhancing its product offerings, and pursuing strategic mergers and acquisitions. The company also focuses on leveraging technology to improve efficiency and customer experience in its banking services.
What does Parke Bancorp, Inc. do?
Parke Bancorp, Inc. is a bank holding company based in New Jersey. It provides a wide range of banking services, including commercial and consumer banking, to individuals and businesses. The company operates primarily through its wholly-owned subsidiary, Parke Bank, which offers various deposit products, loan services, and other financial solutions.
What financial services does Parke Bank offer?
Parke Bank offers a diverse range of financial services including checking and savings accounts, loans for personal and business needs, mortgages, and commercial real estate lending. Additionally, the bank provides online and mobile banking options to enhance the customer experience.
What is the business strategy of Parke Bancorp, Inc.?
The business strategy of Parke Bancorp, Inc. focuses on building long-term relationships with its customers by providing personalized banking services tailored to their needs. The company aims to grow its market share through strategic acquisitions, community involvement, and a commitment to customer service.
What is the financial performance of Parke Bancorp?
The financial performance of Parke Bancorp, Inc. has generally shown positive growth, characterized by an increase in assets, deposits, and loans over recent years. The company regularly provides updates on its financial health through quarterly and annual reports filed with regulatory authorities.
What is the leadership structure of Parke Bancorp, Inc.?
Parke Bancorp, Inc. is led by a team of experienced executives and a board of directors. The leadership structure is designed to promote effective governance, strategic decision-making, and operational excellence, ensuring the bank meets its goals and serves its stakeholders effectively.
What is the vision of Parke Bancorp, Inc.?
The vision of Parke Bancorp, Inc. is to be recognized as a leading community bank that prioritizes customer satisfaction and fosters strong relationships within the communities it serves. The company aims to maintain its commitment to high-quality banking solutions while promoting financial stability and growth.
What types of accounts does Parke Bank offer?
Parke Bank offers a variety of deposit accounts, including checking accounts, savings accounts, certificates of deposit, and money market accounts. These accounts are designed to cater to the varying needs of its customers, providing options for both personal and business banking.
What types of loans does Parke Bank provide?
Parke Bank provides various types of loans to meet the diverse needs of its customers, including personal loans, auto loans, commercial loans, residential mortgages, and home equity lines of credit. The bank aims to offer competitive rates and flexible terms to ensure accessibility for borrowers.
When was Parke Bancorp, Inc. founded?
Parke Bancorp, Inc. was founded in 1999 and has since grown to become a respected financial institution within its community. The company has evolved over the years, reinforcing its commitment to providing excellent banking services to its customers.
Where is Parke Bancorp, Inc. located?
Parke Bancorp, Inc. is located in New Jersey, where it has established a strong presence through its banking branches and business operations. The company's headquarters can be found in Washington Township, which serves as the central hub for its management and operational activities.
Who are the primary competitors of Parke Bancorp?
Parke Bancorp, Inc. competes with a variety of financial institutions including regional banks, credit unions, and larger national banks that operate within the same geographic area. These competitors also offer similar banking products and services aimed at individuals and businesses.
What is the current price of Parke Bancorp, Inc. - Common Stock?
The current price of Parke Bancorp, Inc. - Common Stock is 17.80
When was Parke Bancorp, Inc. - Common Stock last traded?
The last trade of Parke Bancorp, Inc. - Common Stock was at 2:52 pm EDT on April 4th, 2025
What is the market capitalization of Parke Bancorp, Inc. - Common Stock?
The market capitalization of Parke Bancorp, Inc. - Common Stock is 211.70M
How many shares of Parke Bancorp, Inc. - Common Stock are outstanding?
Parke Bancorp, Inc. - Common Stock has 11.89M shares outstanding.