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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.

Convenience

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 reported continued growth in revenue in Memphis, with additional investment in the Small Business Capital Group (SBCG) based in Atlanta. Driven by revenue from the SBCG and mortgage lending, core non-interest income increased by 96%, or $310,000. 

Paragon Bank’s Small Business Capital Group recently participated in a service day through Habitat for Humanity of DeKalb County. Specifically, it was part of the Habitat DeKalb program known as “A Brush of Kindness.” The team spent the day helping clean and fix up the exterior of a local woman’s home.

Paragon Bank is displaying artwork from Madonna Learning Center students in the lobby of its Saddle Creek Banking Center (7600 Poplar Avenue) throughout the month of May. The exhibit is free and open for the public to come and enjoy.

Paragon Bank announced Charles Hardee as Managing Partner and Wealth Advisor of its Wealth Solutions team in November 2014. Hardee reports to Dan Overbey, President and Managing Director of Paragon Wealth Solutions, and Mike Edwards, President and Chief Operation Officer at Paragon Bank.

Paragon Bank hosted its 10th annual reception for the opening of the St. Agnes Academy senior art exhibit on April 16. The reception took place at the Fountain Place Banking Center and showcased work by eight students in Janis McCarty’s AP art class. Paragon will continue to feature the artwork through the remainder of April.

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