WASHINGTON TOWNSHIP, N.J., Aug. 6 /PRNewswire-FirstCall/ -- Parke Bancorp,
Inc. (Nasdaq: PKBK) Washington Township, New Jersey, the parent bank holding
company of Parke Bank, today announced that F. Steven Meddick has been
appointed Executive Vice President and Chief Financial Officer. Mr. Meddick
was most recently Executive Vice President and Chief Financial Officer of
Susquehanna Bank, headquartered in Camden, New Jersey. He was previously
Executive Vice President and Chief Financial Officer for The Bank,
headquartered in Woodbury, NJ a position he held for over 18 years. Parke
Bancorp, Inc. President and CEO, Vito S. Pantilione noted, 'We are proud to
welcome Steve. His prior experience will provide great financial leadership
to our Company.'
Steve is a graduate of Drexel University where he majored in accounting
and received his BS in Business Administration in 1978. Steve served his
community as a councilman in his hometown of Swedesboro from 1976-1978 where
he was recognized as one of the youngest councilman elected in the State of
New Jersey. Committed to continue to serve his community Steve was a member of
the Swedesboro / Woolwich Board of Education from 1995-2000. He was also
accredited with being the originator and former president of the local little
league. A lifelong resident of Southern New Jersey, he resides in Woolwich
Township, NJ with his wife and three children.
Parke Bancorp, Inc. maintains its principal office at 601 Delsea Drive,
Washington Township, New Jersey. It conducts its banking business through
Parke Bank which has branch offices located in Northfield, New Jersey, two
branch offices located in Washington Township, New Jersey and in Philadelphia,
Pennsylvania, located at 1610 Spruce Street. In addition, Parke Bank has a
loan production office in Havertown, Pennsylvania. Parke Bank is a full
service commercial bank, with an emphasis on providing personal and business
financial services to individuals and small to mid-sized businesses in
Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia
area in Pennsylvania. Parke Bank's deposits are insured up to the maximum
legal amount by the Federal Deposit Insurance Corporation (FDIC). Parke
Bancorp's common stock is traded on the Nasdaq Stock Market under the symbol
'PKBK.'
This release may contain forward-looking statements. We caution that such
statements may be subject to a number of uncertainties and actual results
could differ materially and, therefore, readers should not place undue
reliance on any forward-looking statements. Parke Bancorp, Inc. does not
undertake, and specifically disclaims, any obligation to publicly release the
results of any revisions that may be made to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or circumstances
after the date of such statements.
SOURCE Parke Bancorp, Inc.
