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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 worked with Make-A-Wish Mid-South to grant 14-year-old Carrie-Lynn’s wish of meeting World Wrestling Entertainment (WWE) professional wrestler John Cena. This is the ninth consecutive year that Paragon has worked with Make-A-Wish Mid-South to grant the wish of a child being treated in Memphis.Paragon Bank worked with Make-A-Wish Mid-South to grant 14-year-old Carrie-Lynn’s wish of meeting World Wrestling Entertainment (WWE) professional wrestler John Cena. This is the ninth consecutive year that Paragon has worked with Make-A-Wish Mid-South to grant the wish of a child being treated in Memphis.

Momentum at Paragon continues.  Aided by balance-sheet growth and continued improvement in asset quality, net income for the second quarter was 61% higher than income for the first quarter of this year. 

Paragon is proud to have been named the winner of the Best Bank category by The Commercial Appeal's "Memphis Most" competition! 

Paragon Bank has begun the 2014-2015 school year by displaying artwork from Memphis Oral School for the Deaf students in the lobby of its Saddle Creek banking center (7600 Poplar Avenue). Located in Germantown, Memphis Oral School for the Deaf offers education to hearing-impaired children to equip them with a solid education foundation and an equal opportunity to succeed.

Paragon Bank employees visited Le Bonheur Children’s Hospital in August to deliver 10 no-sew blankets to patients staying at the facility. The no-sew blankets were made during the bank’s Employee Appreciation Week, with employees taking advantage of the Assisting the Community Through Service (ACTS) program, which grants each staff member a week of paid time off per year to support nonprofit organizations of their choosing.

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