Paragon Bank
- Bank Name:Paragon Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #57874
- Routing Number:ACH & Wire - 084008947
- Locations:7 Branches in 4 states
- Web Address:bankparagon.com
Paragon Bank Information
Paragon Bank was founded in January 2005 and is based in Memphis, Tennessee. The bank operates as a subsidiary of Paragon Financial Solutions, Inc. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Paragon Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Paragon Bank is a FDIC-insured bank with certificate number of 57874. The assigned Fed RSSD ID of Paragon Bank is 3288452.
Paragon Bank currently operates with 7 branches located in 4 states. The bank has most branches in Tennessee, Georgia, North Carolina and Mississippi. Paragon Bank is the 88th largest bank in Tennessee with 4 branches; 135th in Georgia with 1 branches, 67th in North Carolina with 1 branches and 82nd in Mississippi with 1 branches.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Paragon Bank is 084008947. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 5400 Poplar Avenue, Memphis, TN 38119. You can visit the official website of the bank at https://www.bankparagon.com for more information and online banking service if available. For a comprehensive list of Paragon Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of Paragon Bank
Paragon Bank is a banking institution established on January 19, 2005, originally under the name Paragon National Bank. On April 30, 2014, the bank underwent significant changes, including a name change to Paragon Bank, a shift in its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), and a reclassification as a state chartered bank that is not a member of the Federal Reserve System. This transition involved withdrawing from membership in the Federal Reserve System and changing its chartering agency to state. On April 8, 2015, Paragon Bank moved its main office to 5400 Poplar Avenue, Memphis, Tennessee 38119.
Below is a list of some important events in bank's history, including mergers and acquisitions.
04-08-2015Main Office moved to 5400 Poplar Avenue, Memphis, TN 38119.
04-30-2014Changed Institution Name to Paragon Bank.
04-30-2014Changed Primary Federal Regulatory Agency to FDIC.
04-30-2014Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
04-30-2014Changed Chartering Agency to State.
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