Paragon Financial Solutions Company Description
Paragon Financial Solutions, Inc., through its subsidiary, Paragon Bank, provides various banking products and services to individuals, and small and mid-sized businesses in the United States.
It offers deposit products, including checking accounts, savings accounts, money market savings accounts, certificates of deposit, and IRAs.
The company also provides commercial loan products comprising working capital loans, accounts receivable/inventory lines of credit, equipment financing, commercial auto/truck financing, business acquisition financing, letters of credit, SBA/USDA lending, and owner-and non-owner-occupied commercial real estate loans; and mortgage loans, such as purchase, refinance, conventional mortgage, federal housing administration, veterans affairs, affordable home, home equity, and medical specialist loans.
In addition, it offers private banking services, such as depository and personal financial services, as well as special purchases, residential mortgages, home equity, construction and renovation, and vacation and second homes loan and credit services; cash management solutions consisting of liquidity, fraud prevention, and payables and receivables management; and wealth solutions, including equities, mutual funds, bonds, and annuity products and services.
Further, the company provides insurance solutions, such as property, general liability, group medical plans, long and short-term disability, professional liability, workers compensation, truckers/cargo, auto, home, umbrella, aviation, and surety bonds, as well as employee dental, vision, and life insurance.
It also offers mobile, online, phone, and internet banking services. The company operates approximately 150 ATM locations in the Memphis metro area.
Paragon Financial Solutions, Inc. was founded in 2004 and is based in Memphis, Tennessee.
| Country | United States |
| Founded | 2004 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 70 |
| CEO | Robert Shaw |
Contact Details
Address: PO Box 2022 Memphis, 38101-2022 United States | |
| Phone | 901 273 2900 |
| Website | bankparagon.com |
Stock Details
| Ticker Symbol | PGNN |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US69912S1006 |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Robert S. Shaw Jr. | President, Chief Executive Officer and Director |
| Andrew H. Taylor | Executive Vice President and Senior Credit Officer - SBCG and Specialty Lending |
| Tracey Thesmar | Controller |
| Wayne Littleton | Senior Vice President of Private Banking, Manager of Private Banking and President of Germantown |
| Lewis W. Perkins III | Secretary and Treasurer |