Business Services
Paragon provides your business with a wealth of business services, covering every business need.
- Internet banking - Check balances, view check images and make transfers while protecting against fraud.
- Remote deposit capture - Make deposits from your office with remote deposit capture.
- Lockbox - Accelerate collection of your receivables and save time going to the bank.
- Merchant Bankcard - Offers an alternative payment option for your customers.
- ACH - Use ACH for direct deposit of payroll, collections and payments is more secure and less expensive than using checks.
- Sweep accounts - Increase income by having excess cash earn income.
- Direct deposit of payroll - Save your and your employees' time by having their payroll automatically credited to their accounts.
- Zero balance accounts - Protect the confidentiality of payroll information while reducing cash balances that don't earn income.
- EDI - Electronic delivery of remittance information with ACH payment.
- Repurchase agreements† - Increase income by having excess cash earn income.
- Positive pay - Prevent fraud by requesting the bank to match the checks presented for payment against a list of checks issued by your company.
- Gift cards - Increase your sales by offering gift cards.
- Electronic federal tax payment service - Make tax payments with us via our Internet Banking service.
- Wire transfers - Get funds transfers made safely and quickly.
- Group health insurance† - Stabilize your work force by offering group health, life or disability insurance to your employees.
- 401(k) & other retirement plan services† - Enhance your employee benefits with a 401(k) or other retirement plan.
- Courier service - Have our convenient courier service pick up your deposits to save employee time away from the office and to provide security; eliminates the need for the business to be near one of our locations.