Paragon Bank & Paragon Financial Solutions

Paragon Financial Solutions, Inc. provides various banking products and services to individual, and small and mid-sized businesses in the United States. It offers deposit products, including checking accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, and IRAs. The company also provides personal loans, which include mortgage, auto, residential construction, lot, and asset purchase loans, as well as home equity lines of credit; and business loans comprising lines of credit, working capital loans and equipment financing, accounts receivable/inventory lines of credit, commercial real estate lending, new business acquisition financing, SBA/USDA lending, and letters of credit. In addition, it offers private banking services, such as credit, depository, personal financial, cash management, and wealth management services, as well as special purchases, residential mortgages, home equity, construction and renovation, and vacation and second homes loan and credit services. Further, the company provides cash management solutions consisting of Internet banking, remote deposit capture, lockbox with imaging, merchant bankcard, sweep accounts, zero balance accounts, ACH, electronic data interchange, repurchase agreements, electronic federal tax payment service, direct deposit of payroll, fraud prevention service, and purchasing cards. Additionally, it offers insurance solutions, including property, general liability, group medical plans, long and short-term disability, professional liability, workers compensation, truckers/cargo, aviation, and surety bonds, as well as employee dental, vision, and life insurance. The company also provides payroll solutions, and business manager solutions, as well as online and mobile banking services. It operates approximately 170 surcharge-free ATM locations in the Memphis area. The company was founded in 2004 and is based in Memphis,...