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CERTIFICATE No.                   [LOGO]                          COMMON STOCK
                                                                 PAR VALUE $0.10
                                                                     SHARES

INCORPORATED UNDER THE
LAWS OF THE STATE OF NEW JERSEY              SEE REVERSE FOR CERTAIN DEFINITIONS

                  THIS                                CUSIP No. ________________
                  CERTIFIES
                  THAT

                  IS THE
                  OWNER OF

FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK, PAR VALUE $0.10 PER SHARE,
                                       OF
                               PARKE BANCORP, INC.

         The shares represented by this certificate are transferable only on the
stock  transfer books of the  Corporation by the holder of record hereof,  or by
his duly authorized attorney or legal representative, upon the surrender of this
certificate  properly  endorsed.  This  certificate  and the shares  represented
hereby  are  issued  and  shall be held  subject  to all the  provisions  of the
Certificate of  Incorporation  and Bylaws of the  Corporation and any amendments
thereto (copies of which are on file with the Secretary of the Corporation), and
to all of these  provisions  the  holder by  acceptance  hereof,  assents.  This
certificate   is  not  valid  unless   countersigned   and   registered  by  the
Corporation's transfer agent and registrar.

         In Witness Whereof,  Parke Bancorp, Inc. has caused this certificate to
be executed by the facsimile  signatures of its duly authorized officers and has
caused its facsimile corporate seal to be hereunto affixed.

DATED:

_____________________________                   ________________________________
PRESIDENT                                             SECRETARY
                                      SEAL

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                               PARKE BANCORP, INC.

         The Board of Directors of the  Corporation  is authorized by resolution
or resolutions, from time to time adopted, to provide for the issuance of serial
preferred  stock,  $0.10 par value per share, in series and to fix and state the
voting powers, designations,  preferences and relative, participating, optional,
or  other   special   rights  of  the  shares  of  each  such   series  and  the
qualifications,  limitations and  restrictions  thereof.  The  Corporation  will
furnish to any shareholder upon request and without charge a full description of
each class of stock and any series thereof.

         The following  abbreviations,  when used in the inscription on the face
of this certificate,  shall be construed as though they were written out in full
according to applicable laws or regulations:



                                          
TEN COM -         as tenants in common               UNIF TRANS MIN ACT -_______________Custodian_______________
                                                                             (Cus)                  (Minor)
TEN ENT -         as tenants by the entireties
                                                                         under Uniform Transfers to Minors
JT TEN  -         as joint tenants with right of
                  survivorship and not as tenants                        Act ___________________________
                  in common                                                       (State)



     Additional abbreviations may also be used though not in the above list.

     FOR VALUE  RECEIVED  _______________ hereby sell,  assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR
OTHER IDENTIFYING NUMBER OF ASSIGNEE

________________________________________________________________________________

________________________________________________________________________________
(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING ZIP CODE OF ASSIGNEE)

________________________________________________________________________________

________________________________________________________________________________

_________________________________________________________________  Shares of the
Common Stock  represented  by  the  within Certificate and do hereby irrevocably
constitute and appoint

___________________________________________________________________  Attorney to
transfer the said Stock on the books of the within named  Corporation  with full
power of substitution in the premises.

Dated ________________________         _________________________________________


         NOTICE:  The signature to this assignment must correspond with the name
as  written  upon  the face of the  Certificate  in  every  particular,  without
alteration or enlargement or any change whatever.


                  THIS SECURITY IS NOT A DEPOSIT OR ACCOUNT AND
                     IS NOT FEDERALLY INSURED OR GUARANTEED