Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On January 21, 2020, Parke Bancorp, Inc. (the "Company") appointed Elizabeth A. Milavsky, formerly Executive Vice President and Chief Operating Officer of the Company, to the Company's Board of Directors. Ms. Milavsky is expected to be appointed to the Marketing, Risk and Strategic Planning committees of the Board of Directors. There were no understandings or arrangements pursuant to which Ms. Milavsky was appointed to the Board of Directors.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses