Parke Bancorp, Inc. is a bank holding company that operates Parke Bank, a full-service commercial bank chartered in New Jersey and serving Southern New Jersey, the Philadelphia area, and select New York markets. The bank provides personal and business financial services to individuals and small to mid-sized businesses through retail branches and multiple channels, offering commercial real estate lending, residential real estate lending, construction lending, commercial and industrial loans, consumer loans, and traditional deposit products such as checking, savings, money market accounts, and time deposits, along with contemporary services including debit cards and internet banking. The bank generates revenue through net interest income on its loan and deposit portfolio, non-interest income from service fees and other activities, and makes money by lending deposits to borrowers at higher rates than it pays depositors, with deposits serving as its primary external funding source and diversified by retail deposits, brokered deposits, and reciprocal funding arrangements.