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 named Staci Jackson Managing Partner and Wealth Advisor of the Wealth Solutions team in January of 2014. Jackson reports to Dan Overbey, President and Managing Director of Paragon Wealth Solutions, and Mike Edwards, President and Chief Operating Officer at Paragon Bank.

Paragon Bank is currently showcasing artwork from Woodland Presbyterian School students in the lobby of its Saddle Creek banking center (7600 Poplar Avenue) for the community to enjoy throughout February. The bank has a great partnership with Woodland, as Robert Shaw, Chief Executive Officer at Paragon, has been active on the school’s board for eight years.

Paragon Bank has selected Troy Wheetley as First Vice President of Information Technology. Wheetley will report to Lewis Perkins, Executive Vice President and Chief Financial Officer

Paragon Bank was recently awarded the 2014 Psychologically Healthy Workplace Award for the State of Tennessee. The Tennessee Psychological Association (TPA) presents the award annually to recognize innovative companies that implement programs to foster employee health and wellbeing.

Paragon Bank has hired Brittney Rowe as Business Development Officer. Rowe will report to Mike Edwards, President and Chief Operating Officer of Paragon.

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