PARKE BANCORP INC

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

Dear Fellow Shareholder:

On behalf of the Board of Directors and management of Parke Bancorp, Inc., I cordially invite you to attend our 2024 Annual Meeting of Shareholders. This year’s Annual Meeting will be held in a virtual meeting format only, on Tuesday, April 23, 2024, at 10:00 a.m., Eastern Time. You will be able to attend the Annual Meeting virtually and may vote and submit questions during the virtual Annual Meeting by visiting** www.meetnow.global/MHJ7PF4**. Please retain the control number from your proxy card as it will be needed in order to ask questions during the meeting.

The attached Notice of Annual Meeting and Proxy Statement describe the formal business we expect to act upon at the Annual Meeting. I will also report on our operations. At the Annual Meeting, you will be asked to elect the Board’s three nominees for director and to vote on the ratification of our selection of independent auditor. The Board of Directors has unanimously approved each of these proposals and recommends that you voteFOR the nominees andFOR the ratification of our independent auditor.

Whether or not you plan to attend the virtual meeting online, please sign and date the enclosed proxy card and return it in the accompanying postage-paid return envelope as quickly as possible. Alternatively, you can vote online atwww.investorvote.com/pkbk or vote by calling 1-800-652-VOTE (8683).** **This will not prevent you from voting at the meeting, but it will assure that your vote is counted if you are unable to attend the virtual meeting.

Sincerely,

Vito S. Pantilione

President and Chief Executive Officer