Bank · FDIC insured
Paramount Bank
A $86.6M bank headquartered in Hazelwood, MO, with 1 branch in Missouri. It opens accounts online nationwide. Best rates: CDs 5.00% and savings 1.25% APY.
Paramount Bank Carrot Score
81
Carrot Score
Higher than 55% of U.S. banks and credit unions
#16 of 19 nationwide online banksHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Paramount Bank
In 2017, a group purchased Paramount Bond & Mortgage Company (founded in 1970) and Superior Bank of Hazelwood, Missouri, merging them to form Paramount Bank.
Based in Hazelwood, Missouri, the bank specializes in mortgage lending as a HUD-approved lender offering agency, FHA, VA, and USDA loan programs.
Paramount Bank focuses on helping people in North County, St. Louis, Missouri grow generational wealth through sound financial investment opportunities.
- Headquarters
- 90 Village Square Shop Ctr, Hazelwood, MO 63042
- FDIC certificate
- 57884 ↗
Branches
1 branch in Missouri
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Missouri
1 branch
- Paramount BankMain office90 Village Square Shop Ctr, Hazelwood, MO 63042Directions
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 | 10.88% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 0.55% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | -3.93% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $99 | $67 | — |
- CapitalLeverage ratio10.88%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent0.55%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets-3.93%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$99Peers’ middle $67
Compared with the 546 banks with under $100 million 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 Paramount Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.