Park Bancorp is the bank holding company for Park Federal Savings Bank, which operates a general banking business. The company is also the holding company for PBI Development Corporation, a real estate development company. The bank is engaged in the business of retail banking, with operations conducted through its main office and two branch offices located in Chicago and Westmont, Ill. The bank also has two wholly owned subsidiaries, which include GPS Development, which participates in residential real estate development projects, and GPS Corporation, which conducts limited insurance activities. It is a community-oriented savings bank and attracts retail deposits from the general public in the areas surrounding its offices and invests those deposits, together with funds generated from operations and other borrowings, primarily in fixed-rate, one- to four-family residential mortgage loans and securities. Park Bancorp is headquartered in Chicago.