Parke Bancorp (NASDAQ:PKBK) (NASDAQ: PKBK) is the bank holding company for The Parke Bank, a community-focused financial institution headquartered in West Lafayette, Indiana. Tracing its roots back to the early 20th century, the company has evolved from a single local bank into a regional organization serving both individual consumers and business clients. Through a legacy of conservative lending and personalized service, Parke Bancorp has maintained its commitment to supporting economic growth in its communities.
The company’s primary business activities encompass traditional commercial and consumer banking services. Parke Bancorp offers deposit products such as checking, savings, money market accounts and certificates of deposit, alongside a full suite of lending solutions. Its lending portfolio includes commercial real estate loans, construction and development financing, agricultural loans and consumer installment loans. The bank also provides treasury management, cash management and payment processing services designed to meet the needs of small to mid-sized businesses.
Parke Bancorp serves a multi-county area in west-central Indiana, with branch locations in Parke, Putnam, Vermillion and Vigo counties. In addition to its brick-and-mortar presence, the company has invested in digital banking platforms, offering online and mobile banking, remote deposit capture and electronic funds transfers. This blend of traditional community banking and modern technology enables customers to access accounts, make payments and manage finances securely and conveniently.
The organization is led by a seasoned management team and governed by a board of directors with extensive experience in finance, risk management and community development. Parke Bancorp emphasizes strong corporate governance and local engagement, supporting economic initiatives and charitable causes throughout its service area. Its sustained focus on prudent growth and customer relationships positions the company as a trusted partner in the communities it serves.
