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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
Parke Bank Rates & Review May 2026Parke Bank's money market rates are at 3.50%. Parke Bank's 30 Year 3/1 ARM Conforming rates are at 5.75%, 30 Year 3/1 ARM Jumbo rates are at 6.00%. MonitorBankRates evaluates the financial stability of Parke Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 6.65%. Rates were last updated on 05/04/2026. Parke Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Parke Bank? Share your experience about Parke Bank by leaving a review below, or read customer reviews before you decide to use Parke Bank.
Parke Bank Money Market Rates
Parke Bank Mortgage Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Parke Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Parke Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Parke Bank's official website for the most current offers and terms.
Bank Profile & Overview
Institution Name
Parke Bank
Bank Holding Company
PARKE BCORP INC
Address
601 Delsea Dr,
Sewell, NJ 08080 · Gloucester
Website
https://www.parkebank.com
FDIC Certificate #
34888
Established
01/28/1999
FDIC Insurance Date
01/28/1999
Domestic Offices
8
Total Branches
8
Regulator
FDIC
FDIC Insured
✓ Yes — Up to $250,000
Financial Health & AssetsA
Overall Health Grade
Score: 97/100
5.0
Exceptional
Out of 5.0 Stars
6.65%
Texas Ratio
Nat'l avg: 5.85%
Return on Assets (ROA)
1.5340%
Return on Equity (ROE)
9.6100%
Non-Performing Loans (NPL)
0.88%
Total Assets
$2,249,033,000
Total Deposits
$1,762,565,000
Equity Capital
$335,785,000
Net Income
$40,011,000
Headquarters
Sewell
Total Offices
8
Source: FDIC | Last Updated 12/31/2025
Customer ReviewsMichael G
June 25, 2025
Best bank , best rates. They never try to cheat you like TD and the like.
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Frequently Asked Questions About Parke BankIs Parke Bank a safe place to deposit money?Yes, Parke Bank is considered a safe financial institution. With a Texas Ratio of 6.6492584864878%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category. How many branches does Parke Bank operate?Parke Bank currently maintains approximately 8 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is there a first-time homebuyer program?Currently, Parke Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Parke Bank provides members with tools to manage their accounts and build a solid financial history. Does Parke Bank offer online and mobile banking?Most modern institutions like Parke Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.parkebank.com. Current Parke Bank Rates
Retrieved from our database of financial products. Rates subject to change.
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