As filed with the Securities and Exchange Commission on May 18, 2006
                                                       Registration No. ________

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                               Parke Bancorp, Inc.
             ------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

           New Jersey                                           65-1241959
-------------------------------                              ----------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

                                601 Delsea Drive
                      Washington Township, New Jersey 08080
            ---------------------------------------------------------
                    (Address of principal executive offices)

                   Parke Bancorp, Inc. 2005 Stock Option Plan
            ---------------------------------------------------------
                            (Full Title of the Plan)

                                Ernest D. Huggard
                             Chief Financial Officer
                                601 Delsea Drive
                      Washington Township, New Jersey 08080
                                 (856) 256-2500
            ---------------------------------------------------------
            (Name, address and telephone number of agent for service)

                                   Copies to:
                               Richard Fisch, Esq.
                              Evan M. Seigel, Esq.
                            Malizia Spidi & Fisch, PC
                            901 New York Avenue, N.W.
                                 Suite 210 East
                             Washington, D.C. 20001
                                 (202) 434-4660
            ---------------------------------------------------------

<TABLE>
<CAPTION>
                                                    CALCULATION OF REGISTRATION FEE
==================================================================================================================================
          Title of                                     Proposed Maximum         Proposed Maximum
        Securities to             Amount to be             Offering            Aggregate Offering          Amount of Registration
        be Registered            Registered (1)       Price Per Share(2)           Price (2)                      Fee (2)
        -------------            --------------       ------------------           ---------                      -------
<S>                            <C>                        <C>                    <C>                            <C>
Common Stock
$0.10 par value per share        163,200 shares             $17.50                 $2,856,000                     $305.59


Common Stock
$0.10 par value per share        112,800 shares             $20.01                 $2,257,128                     $241.51
</TABLE>

(1)  The maximum  number of shares of Common  Stock  issuable  upon awards to be
     granted  under the Parke  Bancorp,  Inc. 2005 Stock Option Plan consists of
     276,000 shares are being registered under this  Registration  Statement and
     for which a registration fee is being paid. Additionally,  an indeterminate
     number of additional  shares may be offered and issued to prevent  dilution
     resulting from stock splits, stock dividends or similar transactions.
(2)  Under Rule 457(h) of the 1933 Act, the  registration fee may be calculated,
     inter  alia,  based  upon the  price  at which  the  stock  options  may be
     exercised.  An aggregate of 276,000 shares are being registered  hereby, of
     which 163,200 shares are under option at a weighted  average exercise price
     of $17.50 per share  ($2,856,000 in the  aggregate).  The remainder of such
     shares 112,800 shares,  consisting of 112,800  unawarded  options are being
     registered based upon the average of the high and low selling prices of the
     Common Stock of the  Registrant as reported on the NASDAQ Capital Market on
     May 17, 2006 of $20.01 per share ($2,257,128 in the aggregate), for a total
     offering of $5,113,128.

         This Registration  Statement shall become effective  automatically upon
the date of filing,  in accordance  with Section 8(a) of the  Securities  Act of
1933 ("1933 Act") and Rule 462 of the 1933 Act.

<PAGE>

                                     PART I
              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Item 1.  Plan Information. *
------

Item 2.  Registrant Information and Employee Plan Annual Information. *
------

         *This  Registration  Statement  relates to the  registration of 276,000
shares of Parke Bancorp, Inc. (the "Company" or "Registrant") common stock, $.10
par value per share (the "Common  Stock")  issuable to employees and officers of
the Registrant or its  subsidiaries as  compensation  for services in accordance
with the Parke  Bancorp,  Inc. 2005 Stock Option Plan under which 276,000 shares
are issuable (the "Plan"). Documents containing the information required by Part
I of this  Registration  Statement will be sent or given to  participants in the
Plan as  specified  by Rule  428(b)(1).  Such  documents  are not filed with the
Securities and Exchange  Commission  (the  "Commission")  either as part of this
Registration  Statement or as prospectuses or prospectus supplements pursuant to
Rule 424, in reliance on Rule 428.

                                     PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Certain Documents by Reference.
------

         The Company became  subject to the  informational  requirements  of the
Securities  Exchange  Act of  1934  (the  "1934  Act")  on  June  1,  2005  and,
accordingly,  files periodic reports and other  information with the Commission.
Reports,  proxy  statements and other  information  concerning the Company filed
with the  Commission  may be inspected and copies may be obtained (at prescribed
rates) at the  Commission's  Public  Reference  Section,  Room  1024,  450 Fifth
Street, N.W., Washington, D.C. 20549.

         The following  documents filed by the Company are  incorporated in this
Registration Statement by reference:

         (a)      The  Company's  Annual  Report on Form 10-K for the Year Ended
                  December 31, 2005, as filed with the Commission;

         (b)      Form 8-K, filed on March 29, 2006;

         (c)      Form 8-K, filed on April 19, 2006;

         (d)      The Company's  Form 10-Q for the quarter ended March 31, 2006,
                  as filed with the Commission; and

         (e)      The  description  of the Company's  securities as contained in
                  the Company's Registration Statement on Form 8-K12G3, as filed
                  with the Commission on June 1, 2005.

         All documents  subsequently  filed by the Company  pursuant to Sections
13(a),  13(c),  14,  and  15(d)  of the  1934  Act,  prior  to the  filing  of a
post-effective  amendment which indicates that all securities  offered have been
sold or which  deregisters all securities then remaining  unsold shall be deemed
to be incorporated by reference in this Registration  Statement and to be a part
hereof from the date of filing of such documents.

Item 4.  Description of Securities.
------

         Not Applicable

                                       2

 <PAGE>

Item 5.  Interests of Named Experts and Counsel.
------

         Not Applicable

Item 6.  Indemnification of Directors and Officers.
------

         Section  14A:3-5 of the New Jersey  Business  Corporation Act describes
those circumstances under which directors, officers, employees and agents may be
insured  or  indemnified  against  liability  which  they  may  incur  in  their
capacities as such.

         Article  XVII  of the  Certificate  of  Incorporation  of  the  Company
requires  indemnification  of  directors,  officers,  employees or agents of the
Company to the full extent permissible under New Jersey law.

         The registrant believes that these provisions assist the registrant in,
among other  things,  attracting  and retaining  qualified  persons to serve the
registrant and its subsidiaries.  However,  a result of such provisions could be
to increase the expenses of the registrant and effectively reduce the ability of
stockholders  to sue on behalf of the registrant  because certain suits could be
barred or amounts that might  otherwise be obtained on behalf of the  registrant
could be required to be repaid by the registrant to an indemnified party.

         The Company may purchase and maintain insurance on behalf of any person
who is or was a director,  officer,  employee,  or agent of the Company or is or
was serving at the request of the Company as a director,  officer,  employee, or
agent of  another  corporation,  partnership,  joint  venture,  trust,  or other
enterprise against any liability asserted against the person and incurred by the
person in any such capacity or arising out of his status as such, whether or not
the Company would have the power to indemnify the person  against such liability
under the provisions of the Certificate of Incorporation.

         Additionally,  the  Company  has in force two  directors  and  officers
liability  policies for claims directly  against  directors and officers and for
claims  where the Company is required to indemnify  directors  and  officers.  A
policy is underwritten by Zurich North America Surety and Financial  Enterprises
with a $5,000,000  aggregate  limit of liability and an aggregate  deductible of
$25,000.  A policy is  underwritten  by Fidelity and Deposit Company of Maryland
with a $5,000,000  aggregate  limit of liability and an aggregate  deductible of
$50,000.

         Insofar as indemnification for liabilities arising under the Securities
Act of 1933 ("1933  Act") may be permitted to  directors,  officers,  or persons
controlling the Company  pursuant to the foregoing  provisions,  the Company has
been informed that in the opinion of the Securities and Exchange Commission such
indemnification  is against  public  policy as  expressed in the 1933 Act and is
therefore unenforceable.

Item 7.  Exemption from Registration Claimed.
------

         Not Applicable

Item 8.  Exhibits.
------

         For a  list  of  all  exhibits  filed  or  included  as  part  of  this
Registration Statement,  see "Index to Exhibits" at the end of this Registration
Statement.

                                        3

<PAGE>

Item 9.  Undertakings.
------

         (a) The undersigned Registrant hereby undertakes:

               (1) To file, during any period in which offers or sales are being
               made, a post-effective amendment to this Registration Statement;

                    (i) To include any prospectus  required by Section  10(a)(3)
                    of the 1933 Act;

                    (ii) To  reflect  in the  prospectus  any  facts  or  events
                    arising  after  the  effective  date  of  the   Registration
                    Statement  (or  the  most  recent  post-effective  amendment
                    thereof) which, individually or in the aggregate,  represent
                    a  fundamental  change in the  information  set forth in the
                    Registration Statement;

                    (iii) To include any  material  information  with respect to
                    the plan of  distribution  not  previously  disclosed in the
                    Registration  Statement  or  any  material  change  to  such
                    information in the Registration Statement;

provided however,  that paragraphs  (a)(1)(I) and (a)(1)(ii) do not apply if the
Registration Statement is on Form S-3, Form S-8, and the information required to
be included in a  post-effective  amendment by those  paragraphs is contained in
periodic reports filed by the Registrant  pursuant to Section 13 or 15(d) of the
1934 Act that are incorporated by reference in the Registration Statement.

                  (2) That, for the purpose of determining  any liability  under
the 1933 Act,  each such  post-effective  amendment  shall be deemed to be a new
Registration  Statement  relating to the  securities  offered  therein,  and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

                  (3) To remove from  registration by means of a  post-effective
amendment  any of the  securities  being  registered  which remain unsold at the
termination of the offering.

         (b) The undersigned  Registrant hereby undertakes that, for purposes of
determining  any  liability  under the 1933 Act each filing of the  Registrant's
annual  report  pursuant to section 13(a) or section 15(d) of the 1934 Act (and,
where  applicable,  each  filing of an employee  benefit  plan's  annual  report
pursuant to section 15(d) of the 1934 Act) that is  incorporated by reference in
the Registration  Statement shall be deemed to be a new  Registration  Statement
relating to the securities offered therein,  and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

         (c) The undersigned Registrant hereby undertakes to deliver or cause to
be delivered with the prospectus,  to each person to whom the prospectus is sent
or given, the latest annual report,  to security holders that is incorporated by
reference  in  the  prospectus  and  furnished   pursuant  to  and  meeting  the
requirements  of Rule 14a-3 or Rule 14c-3 under the 1934 Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is
not set forth in the  prospectus,  to deliver,  or cause to be delivered to each
person to whom the prospectus is sent or given, the latest quarterly report that
is  specifically  incorporated  by reference in the  prospectus  to provide such
interim financial information.

         (d) Insofar as indemnification  for liabilities  arising under the 1933
Act may be permitted to  directors,  officers,  and  controlling  persons of the
Registrant pursuant to the foregoing  provisions,  or otherwise,  the Registrant
has been advised that in the opinion of the Securities and Exchange Commission

                                        4

<PAGE>

such  indemnification  is against public policy as expressed in the 1933 Act and
is,  therefore,  unenforceable.  In the event  that a claim for  indemnification
against such  liabilities  (other than the payment by the Registrant of expenses
incurred or paid by a director, officer, or controlling person of the Registrant
in the  successful  defense of any action,  suit, or  proceeding) is asserted by
such director,  officer, or controlling person in connection with the securities
being registered,  the Registrant will, unless in the opinion of its counsel the
matter  has  been  settled  by  controlling  precedent,  submit  to a  court  of
appropriate  jurisdiction  the question  whether such  indemnification  by it is
against  public  policy  expressed  in the 1933 Act and will be  governed by the
final adjudication of such issue.

                                       5

<PAGE>

                                   SIGNATURES

         Pursuant  to the  requirements  of the  Securities  Act  of  1933,  the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in Washington  Township in the State of New Jersey, on the 18th day
of May 2006.

                                     PARKE BANCORP, INC.


                                     By: /s/Vito S. Pantilione
                                         ---------------------------------------
                                         Vito S. Pantilione
                                         President and Chief Executive Officer
                                         (Duly Authorized Representative)

                                POWER OF ATTORNEY

         We, the undersigned  directors and officers of Parke Bancorp,  Inc., do
hereby  severally  constitute  and appoint  Vito S.  Pantilione  as our true and
lawful attorney and agent, to do any and all things and acts in our names in the
capacities  indicated below and to execute any and all instruments for us and in
our names in the capacities  indicated  below which said Vito S.  Pantilione may
deem  necessary or advisable to enable Parke  Bancorp,  Inc., to comply with the
Securities Act of 1933, as amended, and any rules,  regulations and requirements
of the Securities and Exchange  Commission,  in connection with the Registration
Statement on Form S-8 relating to the registrant,  including  specifically,  but
not limited to, power and  authority to sign,  for any of us in our names in the
capacities  indicated  below,  the  Registration   Statement  and  any  and  all
amendments (including  post-effective  amendments) thereto; and we hereby ratify
and  confirm  all that said Vito S.  Pantilione  shall do or cause to be done by
virtue hereof.

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities indicated as of the date indicated.

<TABLE>
<CAPTION>
<S>                                          <C>

/s/Celestino R. Pennoni                         /s/Vito S. Pantilione
-----------------------------------------       -------------------------------------
Celestino R. Pennoni                            Vito S. Pantilione
Chairman                                        President and Chief Executive Officer
                                                (Principal Executive Officer)

Date: May 18, 2006                              Date: May 18, 2006
      -----------------------------------             -------------------------------



/s/Ernest D. Huggard                            /s/Daniel J. Dalton
-----------------------------------------       -------------------------------------
Ernest D. Huggard                               Daniel J. Dalton
Senior Vice President and Chief Financial       Director
Officer
(Chief Financial and Accounting Officer)

Date: May 18, 2006                              Date: May 18, 2006
      -----------------------------------             -------------------------------




/s/Fred G. Choate
-----------------------------------------
Fred G. Choate
Director

Date: May 18, 2006
      -----------------------------------

</TABLE>

<PAGE>

                                INDEX TO EXHIBITS





Exhibit                         Description
-------                         -----------


  4.1          Parke Bancorp, Inc. 2005 Stock Option Plan

  4.2          Form of Stock Option Agreement to be entered into with
               respect to Stock Options under the Stock Option Plan

  4.3          Form of Stock Award Tax Notice

  5.1          Opinion of Malizia Spidi & Fisch, PC as to the validity of the
               Common Stock being registered

 23.1          Consent of Malizia Spidi & Fisch, PC (appears in their opinion
               filed as Exhibit 5.1)

 23.2          Consent of McGladrey & Pullen, LLP

  24           Reference is made to the Signatures section of this
               Registration Statement for the Power of Attorney contained
               therein
[{"type": "S-8", "sequence": "1", "filename": "s8_051906-0343.txt", "description": "FORM", "secsgml_size_bytes": 20118}]
{"company-data": {"conformed-name": "PARKE BANCORP, INC.", "cik": "0001315399", "assigned-sic": "6022", "irs-number": "000000000", "state-of-incorporation": "NJ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-134249", "film-number": "06852433"}, "business-address": {"street1": "601 DELSEA DRIVE", "city": "WASHINGTON TOWNSHIP", "state": "NJ", "zip": "08080", "phone": "856 256-2500"}, "mail-address": {"street1": "601 DELSEA DRIVE", "city": "WASHINGTON TOWNSHIP", "state": "NJ", "zip": "08080"}}
As filed with the Securities and Exchange Commission on May 18, 2006
                                                       Registration No. ________

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                               Parke Bancorp, Inc.
             ------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

           New Jersey                                           65-1241959
-------------------------------                              ----------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

                                601 Delsea Drive
                      Washington Township, New Jersey 08080
            ---------------------------------------------------------
                    (Address of principal executive offices)

                   Parke Bancorp, Inc. 2005 Stock Option Plan
            ---------------------------------------------------------
                            (Full Title of the Plan)

                                Ernest D. Huggard
                             Chief Financial Officer
                                601 Delsea Drive
                      Washington Township, New Jersey 08080
                                 (856) 256-2500
            ---------------------------------------------------------
            (Name, address and telephone number of agent for service)

                                   Copies to:
                               Richard Fisch, Esq.
                              Evan M. Seigel, Esq.
                            Malizia Spidi & Fisch, PC
                            901 New York Avenue, N.W.
                                 Suite 210 East
                             Washington, D.C. 20001
                                 (202) 434-4660
            ---------------------------------------------------------
CALCULATION OF REGISTRATION FEE
==================================================================================================================================
          Title of                                     Proposed Maximum         Proposed Maximum
        Securities to             Amount to be             Offering            Aggregate Offering          Amount of Registration
        be Registered            Registered (1)       Price Per Share(2)           Price (2)                      Fee (2)
        -------------            --------------       ------------------           ---------                      -------
Common Stock
$0.10 par value per share        163,200 shares             $17.50                 $2,856,000                     $305.59

Common Stock
$0.10 par value per share        112,800 shares             $20.01                 $2,257,128                     $241.51
(1)  The maximum  number of shares of Common  Stock  issuable  upon awards to be
     granted  under the Parke  Bancorp,  Inc. 2005 Stock Option Plan consists of
     276,000 shares are being registered under this  Registration  Statement and
     for which a registration fee is being paid. Additionally,  an indeterminate
     number of additional  shares may be offered and issued to prevent  dilution
     resulting from stock splits, stock dividends or similar transactions.
(2)  Under Rule 457(h) of the 1933 Act, the  registration fee may be calculated,
     inter  alia,  based  upon the  price  at which  the  stock  options  may be
     exercised.  An aggregate of 276,000 shares are being registered  hereby, of
     which 163,200 shares are under option at a weighted  average exercise price
     of $17.50 per share  ($2,856,000 in the  aggregate).  The remainder of such
     shares 112,800 shares,  consisting of 112,800  unawarded  options are being
     registered based upon the average of the high and low selling prices of the
     Common Stock of the  Registrant as reported on the NASDAQ Capital Market on
     May 17, 2006 of $20.01 per share ($2,257,128 in the aggregate), for a total
     offering of $5,113,128.

         This Registration  Statement shall become effective  automatically upon
the date of filing,  in accordance  with Section 8(a) of the  Securities  Act of
1933 ("1933 Act") and Rule 462 of the 1933 Act.
PART I
              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Item 1.  Plan Information. *
------

Item 2.  Registrant Information and Employee Plan Annual Information. *
------

         *This  Registration  Statement  relates to the  registration of 276,000
shares of Parke Bancorp, Inc. (the "Company" or "Registrant") common stock, $.10
par value per share (the "Common  Stock")  issuable to employees and officers of
the Registrant or its  subsidiaries as  compensation  for services in accordance
with the Parke  Bancorp,  Inc. 2005 Stock Option Plan under which 276,000 shares
are issuable (the "Plan"). Documents containing the information required by Part
I of this  Registration  Statement will be sent or given to  participants in the
Plan as  specified  by Rule  428(b)(1).  Such  documents  are not filed with the
Securities and Exchange  Commission  (the  "Commission")  either as part of this
Registration  Statement or as prospectuses or prospectus supplements pursuant to
Rule 424, in reliance on Rule 428.

                                     PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Certain Documents by Reference.
------

         The Company became  subject to the  informational  requirements  of the
Securities  Exchange  Act of  1934  (the  "1934  Act")  on  June  1,  2005  and,
accordingly,  files periodic reports and other  information with the Commission.
Reports,  proxy  statements and other  information  concerning the Company filed
with the  Commission  may be inspected and copies may be obtained (at prescribed
rates) at the  Commission's  Public  Reference  Section,  Room  1024,  450 Fifth
Street, N.W., Washington, D.C. 20549.

         The following  documents filed by the Company are  incorporated in this
Registration Statement by reference:

         (a)      The  Company's  Annual  Report on Form 10-K for the Year Ended
                  December 31, 2005, as filed with the Commission;

         (b)      Form 8-K, filed on March 29, 2006;

         (c)      Form 8-K, filed on April 19, 2006;

         (d)      The Company's  Form 10-Q for the quarter ended March 31, 2006,
                  as filed with the Commission; and

         (e)      The  description  of the Company's  securities as contained in
                  the Company's Registration Statement on Form 8-K12G3, as filed
                  with the Commission on June 1, 2005.

         All documents  subsequently  filed by the Company  pursuant to Sections
13(a),  13(c),  14,  and  15(d)  of the  1934  Act,  prior  to the  filing  of a
post-effective  amendment which indicates that all securities  offered have been
sold or which  deregisters all securities then remaining  unsold shall be deemed
to be incorporated by reference in this Registration  Statement and to be a part
hereof from the date of filing of such documents.

Item 4.  Description of Securities.
------

         Not Applicable

                                       2
Item 5.  Interests of Named Experts and Counsel.
------

         Not Applicable

Item 6.  Indemnification of Directors and Officers.
------

         Section  14A:3-5 of the New Jersey  Business  Corporation Act describes
those circumstances under which directors, officers, employees and agents may be
insured  or  indemnified  against  liability  which  they  may  incur  in  their
capacities as such.

         Article  XVII  of the  Certificate  of  Incorporation  of  the  Company
requires  indemnification  of  directors,  officers,  employees or agents of the
Company to the full extent permissible under New Jersey law.

         The registrant believes that these provisions assist the registrant in,
among other  things,  attracting  and retaining  qualified  persons to serve the
registrant and its subsidiaries.  However,  a result of such provisions could be
to increase the expenses of the registrant and effectively reduce the ability of
stockholders  to sue on behalf of the registrant  because certain suits could be
barred or amounts that might  otherwise be obtained on behalf of the  registrant
could be required to be repaid by the registrant to an indemnified party.

         The Company may purchase and maintain insurance on behalf of any person
who is or was a director,  officer,  employee,  or agent of the Company or is or
was serving at the request of the Company as a director,  officer,  employee, or
agent of  another  corporation,  partnership,  joint  venture,  trust,  or other
enterprise against any liability asserted against the person and incurred by the
person in any such capacity or arising out of his status as such, whether or not
the Company would have the power to indemnify the person  against such liability
under the provisions of the Certificate of Incorporation.

         Additionally,  the  Company  has in force two  directors  and  officers
liability  policies for claims directly  against  directors and officers and for
claims  where the Company is required to indemnify  directors  and  officers.  A
policy is underwritten by Zurich North America Surety and Financial  Enterprises
with a $5,000,000  aggregate  limit of liability and an aggregate  deductible of
$25,000.  A policy is  underwritten  by Fidelity and Deposit Company of Maryland
with a $5,000,000  aggregate  limit of liability and an aggregate  deductible of
$50,000.

         Insofar as indemnification for liabilities arising under the Securities
Act of 1933 ("1933  Act") may be permitted to  directors,  officers,  or persons
controlling the Company  pursuant to the foregoing  provisions,  the Company has
been informed that in the opinion of the Securities and Exchange Commission such
indemnification  is against  public  policy as  expressed in the 1933 Act and is
therefore unenforceable.

Item 7.  Exemption from Registration Claimed.
------

         Not Applicable

Item 8.  Exhibits.
------

         For a  list  of  all  exhibits  filed  or  included  as  part  of  this
Registration Statement,  see "Index to Exhibits" at the end of this Registration
Statement.

                                        3
Item 9.  Undertakings.
------

         (a) The undersigned Registrant hereby undertakes:

               (1) To file, during any period in which offers or sales are being
               made, a post-effective amendment to this Registration Statement;

                    (i) To include any prospectus  required by Section  10(a)(3)
                    of the 1933 Act;

                    (ii) To  reflect  in the  prospectus  any  facts  or  events
                    arising  after  the  effective  date  of  the   Registration
                    Statement  (or  the  most  recent  post-effective  amendment
                    thereof) which, individually or in the aggregate,  represent
                    a  fundamental  change in the  information  set forth in the
                    Registration Statement;

                    (iii) To include any  material  information  with respect to
                    the plan of  distribution  not  previously  disclosed in the
                    Registration  Statement  or  any  material  change  to  such
                    information in the Registration Statement;

provided however,  that paragraphs  (a)(1)(I) and (a)(1)(ii) do not apply if the
Registration Statement is on Form S-3, Form S-8, and the information required to
be included in a  post-effective  amendment by those  paragraphs is contained in
periodic reports filed by the Registrant  pursuant to Section 13 or 15(d) of the
1934 Act that are incorporated by reference in the Registration Statement.

                  (2) That, for the purpose of determining  any liability  under
the 1933 Act,  each such  post-effective  amendment  shall be deemed to be a new
Registration  Statement  relating to the  securities  offered  therein,  and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

                  (3) To remove from  registration by means of a  post-effective
amendment  any of the  securities  being  registered  which remain unsold at the
termination of the offering.

         (b) The undersigned  Registrant hereby undertakes that, for purposes of
determining  any  liability  under the 1933 Act each filing of the  Registrant's
annual  report  pursuant to section 13(a) or section 15(d) of the 1934 Act (and,
where  applicable,  each  filing of an employee  benefit  plan's  annual  report
pursuant to section 15(d) of the 1934 Act) that is  incorporated by reference in
the Registration  Statement shall be deemed to be a new  Registration  Statement
relating to the securities offered therein,  and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

         (c) The undersigned Registrant hereby undertakes to deliver or cause to
be delivered with the prospectus,  to each person to whom the prospectus is sent
or given, the latest annual report,  to security holders that is incorporated by
reference  in  the  prospectus  and  furnished   pursuant  to  and  meeting  the
requirements  of Rule 14a-3 or Rule 14c-3 under the 1934 Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is
not set forth in the  prospectus,  to deliver,  or cause to be delivered to each
person to whom the prospectus is sent or given, the latest quarterly report that
is  specifically  incorporated  by reference in the  prospectus  to provide such
interim financial information.

         (d) Insofar as indemnification  for liabilities  arising under the 1933
Act may be permitted to  directors,  officers,  and  controlling  persons of the
Registrant pursuant to the foregoing  provisions,  or otherwise,  the Registrant
has been advised that in the opinion of the Securities and Exchange Commission

                                        4
such  indemnification  is against public policy as expressed in the 1933 Act and
is,  therefore,  unenforceable.  In the event  that a claim for  indemnification
against such  liabilities  (other than the payment by the Registrant of expenses
incurred or paid by a director, officer, or controlling person of the Registrant
in the  successful  defense of any action,  suit, or  proceeding) is asserted by
such director,  officer, or controlling person in connection with the securities
being registered,  the Registrant will, unless in the opinion of its counsel the
matter  has  been  settled  by  controlling  precedent,  submit  to a  court  of
appropriate  jurisdiction  the question  whether such  indemnification  by it is
against  public  policy  expressed  in the 1933 Act and will be  governed by the
final adjudication of such issue.

                                       5
SIGNATURES

         Pursuant  to the  requirements  of the  Securities  Act  of  1933,  the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in Washington  Township in the State of New Jersey, on the 18th day
of May 2006.

                                     PARKE BANCORP, INC.

                                     By: /s/Vito S. Pantilione
                                         ---------------------------------------
                                         Vito S. Pantilione
                                         President and Chief Executive Officer
                                         (Duly Authorized Representative)

                                POWER OF ATTORNEY

         We, the undersigned  directors and officers of Parke Bancorp,  Inc., do
hereby  severally  constitute  and appoint  Vito S.  Pantilione  as our true and
lawful attorney and agent, to do any and all things and acts in our names in the
capacities  indicated below and to execute any and all instruments for us and in
our names in the capacities  indicated  below which said Vito S.  Pantilione may
deem  necessary or advisable to enable Parke  Bancorp,  Inc., to comply with the
Securities Act of 1933, as amended, and any rules,  regulations and requirements
of the Securities and Exchange  Commission,  in connection with the Registration
Statement on Form S-8 relating to the registrant,  including  specifically,  but
not limited to, power and  authority to sign,  for any of us in our names in the
capacities  indicated  below,  the  Registration   Statement  and  any  and  all
amendments (including  post-effective  amendments) thereto; and we hereby ratify
and  confirm  all that said Vito S.  Pantilione  shall do or cause to be done by
virtue hereof.

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities indicated as of the date indicated.
/s/Celestino R. Pennoni                         /s/Vito S. Pantilione
-----------------------------------------       -------------------------------------
Celestino R. Pennoni                            Vito S. Pantilione
Chairman                                        President and Chief Executive Officer
                                                (Principal Executive Officer)

Date: May 18, 2006                              Date: May 18, 2006
      -----------------------------------             -------------------------------

/s/Ernest D. Huggard                            /s/Daniel J. Dalton
-----------------------------------------       -------------------------------------
Ernest D. Huggard                               Daniel J. Dalton
Senior Vice President and Chief Financial       Director
Officer
(Chief Financial and Accounting Officer)

Date: May 18, 2006                              Date: May 18, 2006
      -----------------------------------             -------------------------------

/s/Fred G. Choate
-----------------------------------------
Fred G. Choate
Director

Date: May 18, 2006
      -----------------------------------
INDEX TO EXHIBITS

Exhibit                         Description
-------                         -----------

  4.1          Parke Bancorp, Inc. 2005 Stock Option Plan

  4.2          Form of Stock Option Agreement to be entered into with
               respect to Stock Options under the Stock Option Plan

  4.3          Form of Stock Award Tax Notice

  5.1          Opinion of Malizia Spidi & Fisch, PC as to the validity of the
               Common Stock being registered

 23.1          Consent of Malizia Spidi & Fisch, PC (appears in their opinion
               filed as Exhibit 5.1)

 23.2          Consent of McGladrey & Pullen, LLP

  24           Reference is made to the Signatures section of this
               Registration Statement for the Power of Attorney contained
               therein