CONTRACTAPPROVED

Town of Marion Awards $238,500 Financial Services Contract to Parke Bank (May 2019)

Disclosed value: $238,500.00; From minutes
Approved: May 23, 2019

What it covers

Parke Bank issued a $238,500 certificate of deposit within Marion Township’s $2.5 million CDARS Sewer Fund investment. The CD follows the standard 52-week term.

Who holds it

Parke Bank holds this financial services contract with Town of Marion. Its other public contracts on record include work for Gloucester county Housing Authority and Cape May County MUA.

What happens next

Term as filed: 52 weeks (Effective Date 04/22/19 – Maturity Date 04/23/20).

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Contract details

Contract type: Financial Services
Amount: $238,500.00
Document date: May 23, 2019
Term: 52 weeks (Effective Date 04/22/19 – Maturity Date 04/23/20)
Vendor: Parke Bank
Agency: Town of Marion
Source document: town-of-marion-board-of-trustees-regular-meeting-agenda-may-23-2019_a57.pdf (Minutes)

Parke Bank's other public contracts

Gloucester county Housing Authority, New JerseyParke Bank Approved as HAGC Depository · Jul 29, 2026Undisclosed Gloucester county Housing Authority, New JerseyParke Bank Approved as Depository Bank · Jul 29, 2026Undisclosed Gloucester county Housing Authority, New JerseyParke Bank Named Official Depository · Jul 29, 2026Undisclosed Cape May County MUA, New JerseyParke Bank added as Authority depository · Jul 15, 2026Undisclosed Township of Woolwich, New JerseyHazel Boulevard LOC Reduced for Weatherby Section 4.5 · Jun 15, 2026 All Parke Bank contractsVendor profile

More Town of Marion contracts

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Questions about this contract

Who was awarded the financial services contract by Town of Marion?

Parke Bank was awarded this financial services contract by Town of Marion, as recorded on May 23, 2019. The contract value is $238,500.00.

How much is the Parke Bank contract with Town of Marion worth?

The Parke Bank contract with Town of Marion is valued at $238,500.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-marion-board-of-trustees-regular-meeting-agenda-may-23-2019_a57.pdf (Minutes), dated May 23, 2019 from Town of Marion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Parke Bank hold?

Parke Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Marion currently buying?

Explore Town of Marion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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