GoVA Partners with Parke Bank

Parke Bank Partners with GoVA Foundation to Provide Financial Education to Military Families in Philadelphia and South Jersey 

FOR IMMEDIATE RELEASE

WASHINGTON TOWNSHIP, NJ (August 22, 2025) — GoVA Foundation announces a strategic partnership with Parke Bank to provide free digital financial education resources to low- and moderate-income (LMI) military families through GoVA’s innovative platform, The Edge. 

Through a Community Development grant from Parke Bank, the program will serve 35 qualified military members in communities across the bank’s assessment areas, focusing on Philadelphia County, PA, and Camden, Gloucester, Cape May, Atlantic, and Cumberland counties in New Jersey. The Edge platform offers interactive courses, financial calculators, and other digital resources designed to build financial empowerment within the military community. 

“Parke Bank is proud to stand alongside GoVA in their mission to make a difference in our community. This grant will help provide vital financial education to veterans and military families, empowering them with the tools and knowledge to build a stronger financial future. We’re excited to see the lasting impact GoVA will create with this support,” says James Talarico, VP CRA Officer, Parke Bank. 

GoVA Foundation’s Executive Director, George Earhart, says: “As an Air Force veteran, I’ve personally witnessed the unique financial challenges that military families face. This partnership with Parke Bank allows us to provide critical financial education resources to those who need it most in the Philadelphia and South Jersey military communities. We’re grateful for Parke Bank’s commitment to supporting our veterans and look forward to the positive impact this collaboration will create.” 

The partnership launched in August 2025, and reflects both organizations’ commitment to supporting military communities and expanding financial education access. Parke Bank will receive LMI verification and impact reports as part of the grant agreement, while sponsored military members gain unlimited access to The Edge’s financial education tools for a full year. 

This collaboration is part of GoVA Foundation’s ongoing efforts to partner with forward-thinking financial institutions nationwide in service of military families. 

About GoVA Foundation 

GoVA Foundation is a non-profit organization dedicated to empowering military families through innovative financial education and resources. GoVA addresses the unique financial challenges many military families face. Through its digital education platform The Edge, GoVA provides comprehensive financial literacy tools, interactive courses, and personalized resources tailored to the needs of service members, veterans, and their spouses. The platform features a mobile-optimized design to ensure accessibility for military families regardless of location. GoVA Foundation has served over 8,000 military families across all 50 states. The organization’s mission includes advocacy for military financial wellness and suicide prevention, recognizing the critical link between financial stress and military mental health outcomes. 

About Parke Bank 

Parke Bancorp, Inc. was incorporated in January 2005, while Parke Bank commenced operations in January 1999. Parke Bancorp and Parke Bank maintain their principal offices at 601 Delsea Drive, Washington Township, New Jersey. Parke Bank conducts business through a branch office in Northfield, New Jersey, two branch offices in Washington Township, New Jersey, a branch office in Galloway Township, New Jersey, a branch office in Collingswood, New Jersey, a branch in center city Philadelphia and a branch in Chinatown in Philadelphia. Parke Bank is a full-service commercial bank, with an emphasis on providing personal and business financial services to individuals and small-sized businesses primarily in Gloucester, Atlantic and Cape May counties in New Jersey and Philadelphia and surrounding counties 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 Capital Market under the symbol “PKBK”. 

Contact: Lizann Lightfoot, Director of Marketing 

GoVA Foundation Email: Lizann.Lightfoot@GoVAFoundation.org 

About Our Partnership with TowneBank Mortgage

At GoVA, we’re proud to partner with a lender that delivers peace of mind to those who have served and continue to serve our county. Together, GoVA and TowneBank Mortgage are committed to helping our military service members achieve their dreams of homeownership, as well as providing them with valuable resources along the way. As experienced lenders, TowneBank Mortgage understands the need for a quick and easy mortgage process, especially during life’s transitional moments. Headquartered in Norfolk, just miles from the world’s largest naval base, TowneBank Mortgage has had the honor of helping thousands of military families through their VA loan offerings. Their team is knowledgeable about VA products and the local market, and in-house operations allow them to respond to questions and concerns in a timely manner. Together, we can get you to closing in 30 days or less. Trust TowneBank Mortgage and GoVA loans to get you home.

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