IDEAL Account Specials

Benefits with every Paragon Bank IDEAL Account*:

High Yield Interest Bearing
Real-time Online Banking with Unlimited Bill Pay
Mobile Banking for Smartphone and Tablets

eStatements required
Real-time Account to Account Transfers
Mobile Deposits via Paragon’s mobile App

Choose the IDEAL account* that best fits your financial needs.

IDEAL Checking*

2.53 APY**

High Yield Interest Bearing
ALL ATM fees refunded
First standard check order is FREE
No service charge when daily balance is over $1,000 ($12 monthly standard service charge)
$100 minimum opening deposit
Any combination of 2 ACH direct deposits or drafts per monthly statement cycle required
eStatements are required

Tell me more

IDEAL Savings*

2.28% APY***

High Yield Interest Bearing
Automatic sweep from IDEAL Checking when balance exceeds $25,000
No service charge when daily balance is over $1,000 ($12 monthly standard service charge)
$1,000 minimum opening deposit
Must have a Paragon IDEAL Checking Account
eStatements are required

I'm interested

*Accounts only available at Paragon Banking Centers in Oxford, Mississippi, Atlanta, Georgia, Wilmington, North Carolina, and Jackson, Tennessee and Deposit Production Office in the Greater Nashville, Tennessee area. **Annual Percentage Yield (APY) of 2.53% with interest rate of 2.50% for balances under $25,000 and 1.00% APY with interest rate of 1.00% for balances over $25,000 for the Ideal Checking Account. ***2.28% APY with interest rate of 2.25% for the Ideal Savings Account. APYs are as of 12/12/2025 and subject to change.