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 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.

Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), has hired Carolyn Taylor as a Small Business Administration (SBA) Loan Closing Associate, and promoted Sylvia Bordeaux and Daniel Vo to Vice President. Taylor will report to Daniel Vo, Vice President, while Bordeaux and Vo will report to Kerri Morrin, Chief Operating Officer.

Paragon Bank is hosting artwork by elementary and junior high students from St. Louis Catholic School throughout April in its Saddle Creek banking center (7600 Poplar Avenue). The bank worked with St. Louis Catholic School art teacher Robin Durden to display pieces by 13 fourth grade students and 11 junior high students.

Paragon Bank has announced the promotions of Cheryl Shackelford and Tracey Thesmar to First Vice Presidents, both of whom report to Lewis Perkins, Chief Financial Officer at Paragon Bank.

Paragon Bank is celebrating its 10-year anniversary in 2015, with numerous events in and around Memphis. The bank has designated 10 specific events as part of its yearlong #10for10 campaign, in honor of the anniversary and its tremendous impact on the community.

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