Raising Expectations

Paragon Bank prides itself on offering superior service based on a combination of banking expertise and local knowledge. At Paragon, we believe that local banking is better banking.

At a time when most banks are mere outposts for a huge corporation hundreds of miles away, Paragon is locally owned, locally operated and locally focused. Paragon’s handpicked team of seasoned banking professionals is raising expectations in the Memphis banking market.

Welcome to Paragon, where local banking from locals is more than just a catchy phrase. It's a commitment.


At Paragon, customers bank when and where they want.  In addition to Paragon's growing number of full-service locations, there are approximately 170 surcharge-free ATM locations in the Memphis area.  Paragon's ATM network gives customers access to cash all over the world.

Services also include free internet banking, mobile banking, and 24-hour telephone banking (Paragon Direct, 901.333.0260).

Small business customers have several cash management tools available to make their banking more convenient including remote deposit capture (ParaTeller), lockbox, internet banking, and a courier service to pick up deposits.

Products & Services

Paragon offers a wide range of financial options to fit each customer's individual needs. This consists of an assortment of deposit products including checking accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, and IRAs. 

Paragon also offers a wide range of loans to fit each customer's needs. Business loan products include working capital lines of credit, SBA loans, asset-based loans, floor plan loans, construction and development loans, equipment financing, real estate loans, and letters of credit. Paragon also offers a large variety of consumer loans including mortgage loans and home equity loans.  

Paragon News

Paragon Bank today announced the promotions of Chondrea Black to First Vice President, Deborah Howell to Senior Bank Accountant and Vice President, and Kathleen Lewis to First Vice President. Black reports to Marshall Talley, Executive Vice President, Howell reports to Tracey Thesmar, Controller and First Vice President, and Lewis reports to Carol McConkey, Senior Vice President of Consumer Banking.

Paragon Bank today announced it is now operational in seven states, with the addition of Kin Kinney as Oxford Market President. Kinney will report to Robert Shaw, Chief Executive Officer at Paragon Bank.

Paragon Bank is currently displaying artwork from students at Bodine School in honor of Dyslexia Awareness Month. The art will be in the lobby of Paragon’s Saddle Creek Banking Center (7600 Poplar Avenue) throughout the month of October.

Paragon Bank is kicking off the school year with an exhibit featuring artwork created by Memphis Oral School for the Deaf students. The art will be on display in the lobby of the Saddle Creek Banking Center (7600 Poplar Avenue) throughout the month of September. This exhibit is free and open to the public.

Paragon Bank today announced that it followed the most profitable quarter in the bank’s more than 10-year history with another record-breaking three-month period. Net income increased more than 29 percent over the first quarter of this year to $541,942. Additionally, revenue has increased 42 percent through the first six months of 2016, compared to the first six months of 2015, while expenses have increased less than 3 percent. The Small Business Capital Group continues to pay substantial returns for Paragon, with revenue from the group increasing $1.4 million, or 281%, over the first six months of 2015.

P.O. Box 2022  |  Memphis, TN  38101-2022 |  Phone: 901.273.2900  |  Fax: 901.273.2908  |  info@bankparagon.com
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