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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 is displaying artwork from Westminster Academy students in its Saddle Creek Banking Center (7600 Poplar Avenue) throughout the month of March. Westminster Academy is a junior kindergarten through 12th grade classical Christian independent school located in Memphis.

Paragon Bank today announced its 2016 financial results, reporting record-breaking numbers in the fourth quarter of 2016, as well as overall for 2016. Net income increased to $2,135,372 in 2016, compared to $91,023 in 2015. Additionally, the bank celebrated 90 percent employee participation in its Assisting the Community Through Service (ACTS) program.

Paragon Bank is currently showcasing art from Woodland Presbyterian School students in its Saddle Creek Banking Center (7600 Poplar Avenue). The art will be on display until February 28, and members of the community are encouraged to stop by to view the work.

Paragon Bank has hired Vicki Walk as Vice President, Mortgage Consultant. Walk reports to Carol McConkey, Senior Vice President of Consumer Banking.

Paragon Bank is displaying art created by Farmington Elementary School students during the month of January. The work is featured at the Saddle Creek Banking Center (7600 Poplar Avenue), and members of the community are encouraged to stop by.

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