Bank · FDIC insured
Paragon Bank
A $908.1M bank headquartered in Memphis, TN, with 9 branches in 4 states.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: published rates need another account or activity, so they are not scored. Savings: published rates need another account or activity, so they are not scored. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs—4.39%Needs another account or monthly activityCD rates →
- Savings—2.79%Needs another account or monthly activitySavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Paragon Bank
Paragon Bank was founded in 2005 with its headquarters located in Memphis, Tennessee.
In 2014, the bank formed its holding company, Paragon Financial Solutions.
- Headquarters
- 5400 Poplar Ave, Memphis, TN 38119
- FDIC certificate
- 57874 ↗
Branches
9 branches in 4 states
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Tennessee
5 branches
Memphis area · 4
- Paragon BankMain office5400 Poplar Ave, Memphis, TN 38119Directions
- Saddle Creek Banking Center Branch7600 Poplar Ave, Germantown, TN 38138Directions
- Grove Park Banking Center Branch4515 Poplar Ave, Memphis, TN 38117Directions
- Paragon Place Branch6300 Poplar Ave, Memphis, TN 38119Directions
Jackson area · 1
- Paragon Bank Branch1348 Union University Dr, Jackson, TN 38305Directions
Mississippi
2 branches
- Oxford Branch2401 South Lamar Boulevard, Oxford, MS 38655Directions
- Oxford Branch - Itm265 N Lamar Blvd, Oxford, MS 38655Directions
Georgia
1 branch
- Pharr Road Branch293 Pharr Road, Atlanta, GA 30305Directions
North Carolina
1 branch
- Wilmington Branch6752 Parker Farm Dr, Wilmington, NC 28405Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.67% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.18% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.90% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $107 | $81 | — |
- CapitalLeverage ratio8.67%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.18%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.90%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$107Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Paragon Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.