Item 5.02-Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

Effective November 24, 2008, Victor E. Caputo, age 64, assumed the responsibilities of Chief Financial Officer and Treasurer of Park Bancorp, Inc. (the "Company") and its wholly owned subsidiary, Park Federal Savings Bank (the "Bank"). Mr. Caputo's appointment received prior approval by the Office of Thrift Supervision.

Mr. Caputo, a Certified Public Accountant, has served in various positions in the banking industry for over 35 years. Most recently, Mr. Caputo served as President and Chief Executive Officer of All American Bank, a de novo state-chartered bank located in Des Plaines, Illinois. From 1998 until joining All American Bank in 2006, Mr. Caputo served as Executive Vice President and Chief Operating Officer of Chicago-based Diamond Bank (formerly known as North Federal Savings Bank) and, until going private in 2004, its publicly traded holding company North Bancshares, Inc. As part of his service in his prior positions, Mr. Caputo was responsible for financial management and operations, and has experience with compliance with Securities and Exchange Commission, Office of Thrift Supervision and FDIC regulations.

The Company has not entered into any material contracts or arrangements, compensatory or otherwise, with Mr. Caputo with respect to his appointment as Chief Financial Officer other than establishing his initial annual base salary at $132,000. The Company press release announcing Mr. Caputo's appointment is attached as Exhibit 99.1.

Item 9.01-Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release regarding Chief Financial Officer appointment.

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