- CEO
- Robert S. Shaw Jr.
- Full Time Employees
- 62
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- PO Box 2022 Memphis TN United States of America 38101-2022
- IPO Date
- May 1, 2007
- Business
- Paragon Financial Solutions, Inc. Paragon Financial Solutions, Inc. (PGNN) is a bank holding company that, through its subsidiary Paragon Bank, provides a comprehensive range of banking products and services to individuals, small and mid-sized businesses in Tennessee, Mississippi, Georgia, and North Carolina; core deposit products include checking accounts, savings accounts, money market savings accounts, certificates of deposit, and individual retirement accounts (IRAs); lending solutions encompass commercial loans such as working capital loans, accounts receivable and inventory lines of credit, equipment financing, commercial auto and truck financing, business acquisition financing, letters of credit, SBA and USDA lending, and owner- and non-owner-occupied commercial real estate loans, alongside mortgage products including purchase loans, refinances, conventional mortgages, federal housing administration loans, veterans affairs loans, affordable home loans, home equity loans, and medical specialist loans; the company further offers private banking services featuring depository and personal financial solutions, special purchases, residential mortgages, home equity lines, construction and renovation loans, and vacation and second home financing; cash management services cover liquidity management, fraud prevention, and payables and receivables solutions; wealth management includes equities, mutual funds, bonds, and annuities; insurance offerings comprise property, general liability, group medical plans, long- and short-term disability, professional liability, workers compensation, truckers and cargo, auto, home, umbrella, aviation, and surety bonds, as well as employee dental, vision, and life insurance; digital channels include mobile, online, phone, and internet banking, supported by approximately 150 ATM locations in the Memphis metropolitan area. Founded in 2005 and headquartered in Memphis, Tennessee, Paragon Financial Solutions operates as a community-focused institution emphasizing local decision-making, personalized service, and technological innovation. Recent expansions include the opening of loan and deposit production offices in Jackson, Tennessee, and the greater Nashville area in Franklin, Tennessee, in 2024, alongside new banking centers in Atlanta's Buckhead district in February 2024, Oxford, Mississippi, in October 2023, and Wilmington, North Carolina, in February 2023; the company earned the No. 3 ranking among the 2025 Best Banks to Work For in the United States and continues to advance its ACTS Community Engagement program, with team members logging over 19,000 volunteer hours since 2008 across education, hunger relief, and shelter initiatives.