Bank · FDIC insured
Parke Bank Savings Rates
Top CarrotParke Bank’s best savings rate is 3.50% APY on $10,000, with its Parke Select Money Market. Rates checked October 22, 2026.
How Parke Bank’s savings rates compare
Compared with banks and credit unions near Philadelphia, PA-NJ-DE-MD, where Parke Bank has the most branches. $10,000, best rate first.
This bank’s best
Parke Bank
3.50%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $350
Parke Select Money Market
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
Comenity Capital Bank
4.05%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $405
Parke Bank savings score
96
Savings score
Higher than 98% of U.S. banks and credit unions
- $1,000 balance$1,0003.50%
- $10,000 balance$10,0003.50%
- $100,000 balance$100,0003.75%
- QualifiedQualified3.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Parke Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Parke Select Money Market
3.50%APY
Minimum deposit required to open is $1,000. No service charges imposed provided you maintain a daily minimum balance of $1,000. A monthly fee of $7 will be charged if the minimum balance falls below $1,000. Fees may reduce earnings.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $50,000Deposit balance up to $49,999.99. Minimum deposit to open is $1,000. Monthly fee of $7 waived with $1,000 daily minimum balance. | 3.50% | $350 | Deposit balance up to $49,999.99. Minimum deposit to open is $1,000. Monthly fee of $7 waived with $1,000 daily minimum balance. |
| $50,000 and upDeposit balance of $50,000 or greater. Minimum deposit to open is $1,000. Monthly fee of $7 waived with $1,000 daily minimum balance. | 3.75% | — | Deposit balance of $50,000 or greater. Minimum deposit to open is $1,000. Monthly fee of $7 waived with $1,000 daily minimum balance. |
Sources (1)
- parkebank.com/personal-savings…nts/money-market-account · captured Oct 22, 2026
Parke Exclusive Savings
3.50%APY on $10,000
Requires linked Parke Exclusive Checking or Parke Cashback Advantage account. New accounts must be funded with new money not on deposit with Parke Bank within the last 30 days. $100 minimum deposit to open. Limit 1 account per Social Security Number. Monthly qualification cycle requirements: at least 12 debit card transactions, at least 1 direct deposit, ACH payment, or ACH credit transaction, and enrollment in eStatements.
| Part of the balance | Rate on that part |
|---|---|
| Up to $100,000 | 3.44% |
| Over $100,000 | 0.50% |
On $10,000 the tiers blend to about 3.50% APY, earning $350 a year.
Parke Platinum Plus Savings
0.35%APY
Minimum of $25,000 in new money (funds not on deposit with Parke Bank within the last 30 days) required for account opening. Monthly fee of $7 charged if minimum daily balance falls below $100.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000$7.00 monthly fee if balance falls below $100. | 0.35% | $35 | $7.00 monthly fee if balance falls below $100. |
| $25,000 and upNo fee if over $100. Minimum balance to earn stated APY is $25,000. | 3.00% | — | No fee if over $100. Minimum balance to earn stated APY is $25,000. |
Sources (3)
- parkebank.com/personal-savings-accounts
- parkebank.com/personal-savings…num-plus-savings-account
- parkebank.com/rates/deposit-rates
All captured Oct 22, 2026
Statement Savings Account
0.35%APY
A monthly maintenance fee of $7 will be charged if the minimum balance falls below $100 at any time during the month. ATM card available with no annual fee.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and up$7.00 monthly fee if below $100.$100 and up | 0.35% | $35 | $7.00 monthly fee if below $100. |
Sources (3)
- parkebank.com/personal-savings-accounts
- parkebank.com/personal-savings…tatement-savings-account
- parkebank.com/rates/deposit-rates
All captured Oct 22, 2026
Special-purpose accounts
Holiday Savings Club
0.35%APY
No minimum balance or service charges. Automatic deposits from another ParkeBank account (weekly, bi-weekly, or monthly). Account starts at any time and balance is disbursed via check in October.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.35% | $35 |
Sources (3)
- parkebank.com/personal-savings-accounts
- parkebank.com/personal-savings-accounts/holiday-savings
- parkebank.com/rates/deposit-rates
All captured Oct 22, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.