In 2004, a group of men and women came together to organize Paragon National Bank, pooling their resources, talents, and networks to produce a first-rate financial institution. Working side-by-side with Paragon's organizing officers, the Board of Directors raised the most capital ever for a new bank in Shelby County.
Post ribbon-cutting, the long-term health of a bank depends on a strong, independent, and attentive board. A board sets the overall tone and direction of the bank and establishes guidelines on the nature and amount of risk the bank may take.