Paragon National Bank Launches Mobile Banking

Paragon Mobile Texting allows customers to check account balances and view recent transactions through text messaging, while Paragon Mobile Web provides customers access to account information and recent transactions, as well as the ability to make transactions and pay bills through the mobile phone’s web browser.

Paragon National Bank has announced the addition of mobile banking to its robust list of services.  Paragon’s mobile banking allows customers access to their accounts through their mobile phone via three options – Paragon Mobile Texting, Paragon Mobile Web and coming soon, the Paragon Mobile App.  

“We want our customers to have a convenient and secure way to access their information at any time or place,” said Robert Shaw, President of Paragon National Bank. “Expanding our capabilities to include mobile banking is yet another example of our commitment to exceptional service and ensures our customers will be able to check account balances and make transactions while on the go.” 

Paragon Mobile Texting allows customers to check account balances and view recent transactions through text messaging, while Paragon Mobile Web provides customers access to account information and recent transactions, as well as the ability to make transactions and pay bills through the mobile phone’s web browser. The Paragon Mobile App, expected this spring, will allow iPhone users fast and free access to account information through the phone’s built-in functions. 

“We developed each mobile option both with our customers’ convenience and security in mind,” said Hank Word, Senior Vice President of Information Technology and Operations for Paragon. “Users can access any of the applications, knowing that their information is secure and protected.” 
In addition to mobile banking, Paragon has expanded its Internet banking features to allow customers to establish up to three accounts at other financial institutions for online money transfers with existing Paragon accounts. 

For more information on mobile banking or to learn how to enroll, visit www.bankparagon.com/mobile/

Paragon Introduces New Premier Plus Checking Account

Paragon National Bank has recently unveiled a new product in its line of diverse banking products: the Premier Plus Checking Account.

This account, with its high rate of earning interest, is designed to maximize the earning potential for those individuals with high balances. In fact, it offers high-balance customers the benefits of a savings account without the limitations. For example, in an interest-bearing savings account, there is a limited amount of withdrawals allowed before penalties are incurred. However, with the Premier Plus Account, customers are free to make as many withdrawals and write as many checks as they would like. It requires one monthly ACH credit, such as a direct deposit from payroll or a social security payment. There is a $12 monthly service charge for balances below $2,500, unless there is a $5,000 combined average collected deposit relationship. See below for more detailed information about this new account:

Interest Rates for Premier Plus Account

Balance:  Interest Rate

$2,500-$10,000:  1.49%

$10,000-$25,000:  2.23%

$25,000-$50,000:  2.72%  

$50,000 and over:  3.20%  

Other Benefits of the Premier Plus Account

  • Free cashier’s checks and traveler’s checks
  • Standard checks free, 50% discount on check orders
  • 20% discount on any size safe deposit boxes
  • Eligible for Preferred Money Market
  • 25 basis point loan rate discount, exlucing HELOC and first mortgage

For more information about Paragon National Bank’s other personal banking accounts, please follow the link to Personal Banking.