Paragon National Bank

Description

The Memphis region's newest, yet best-experienced, business bank. Averaging 15 years of experience each, the people working at Paragon provide small and mid-sized businesses, their owners and executives with a complete package of business banking solutions delivered online and in person. Opening our doors at a time when familiar Memphis institutions have been absorbed into large, out-of-state holding companies, we confidently promote local ownership and authentic community engagement . The success we have enjoyed since our opening validates this conclusion from a recent FDIC “ Future of Banking .” “The willingness of private investors to risk their own money to create new banks is a powerful market test of the viability of small banks”. Moreover, a concentration of new banks in areas where large and distant banks have taken over local institutions also suggests that many customers may prefer the more personal approach of community banks." Need this by the numbers? The average Paragon employee has 15 years of banking experience.

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