Shinhan Bank
Koreatown in Palisades Park has emerged as a dominant nexus of Korean American culture. The Palisades Park Senior Citizens Center provides a popular gathering place where even Korean grandmothers were noted to follow the dance trend of the worldwide viral hit "Gangnam Style" by South Korean "K-pop" rapper Psy in 2012. Palisades Park High School has hosted national Kumdo martial arts tournaments. A jjimjilbang (찜질방) offers saunas and bibimbap (비빔밥) in Palisades Park's Koreatown. Approximately 120 Korean stores were counted in Palisades Park in 2000, a number which has risen significantly since then, featuring restaurants and karaoke ("noraebang") bars, grocery markets, education centers, bookstores, financial institutions (such as Shinhan Bank and Woori Bank), offices, electronics vendors, apparel boutiques, and other commercial enterprises.