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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

During the month of May, Paragon Bank is hosting artwork created by students from the Madonna Learning Center after school program. The display is located at the Saddle Creek Banking Center (7600 Poplar Avenue,) and members of the community are encouraged to stop by. During the month of May, Paragon Bank is hosting artwork created by students from the Madonna Learning Center after school program. The display is located at the Saddle Creek Banking Center (7600 Poplar Avenue,) and members of the community are encouraged to stop by. During the month of May, Paragon Bank is hosting artwork created by students from the Madonna Learning Center after school program. The display is located at the Saddle Creek Banking Center (7600 Poplar Avenue,) and members of the community are encouraged to stop by. 

Paragon Bank announced today that Rudi Scheidt Jr., Chairman of Bridge Capital Asset Funding, and Anita S. Vaughn, former Chief Executive Officer/Administrator at Baptist Memorial Hospital for Women, have joined its Board of Directors.

Paragon Bank’s Small Business Capital Group employee’s recently spent a day using some of their ACTS (Assisting the Community Through Service) time volunteering with Habitat for Humanity of DeKalb County. The team volunteered with the organization’s “A Brush of Kindness” program which focuses on repairs, yard work and maintenance for elderly or handicapped homeowners.

Paragon Bank is currently showcasing artwork from St. Louis Catholic School students in its Saddle Creek Banking Center (7600 Poplar Avenue). The art will be on display until April 30, and all members of the community are encouraged to stop by to view the art. 

Paragon Bank has appointed Mark Nance as First Vice President, Treasury Management. Nance reports to Mike Edwards, President and Chief Operating Officer at Paragon Bank.

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