Business Banking

Business Banking 

At Paragon Bank, we believe in investing in our communities. Whether your business is large or small, Paragon Bank looks forward to working with you and being a part of your team. 

 

Deposit Accounts and Services

Premium Checking Account

  • Available for non-profit accounts and small clubs
  • Monthly base service charge of $2.00; which is waived if electronic statements are received

Premium Plus Checking Account

  • Available for non-profit accounts and small clubs
  • Monthly base service charge of $2.00; which is waived if electronic statements are received
  • Tiered interest  is earned if required balance is maintained

Enterprise Checking Account

  • Available to ALL business accounts, for profit and non-profit
  • Monthly base charge of $7.50; which can be reduced if electronic statements are received, plus $.05 per debit received
  • Fee can be waived if $30,000.00 minimum balance is maintained

Enterprise Plus Checking Account

  • Available to non-profit and sole proprietor accounts
  • Monthly base charge of $7.50; which can be reduced if electronic statements are received, plus $.05 per debit received
  • Fee can be waived if $30,000.00 minimum balance is maintained
  • Tiered interest is earned if minimum balance is maintained

Night Depository

  • 24-hour night depository services provide for protection for your cash over night and/or for depositing into your account

Check Cashing

  • Checks payable to cash (signed by an authorized person) may be honored
  • Checks payable to a business cannot be cashed; they must be deposited into business account

 

Loans, Credit Products and Services

The loan specialists at Paragon Bank look forward to working with you to make your dreams a reality.  Call, email or come in and visit with us about how we can work together in  achieving your financial goals.   

Commercial

  • Operating Loans and Revolving Line of Credit
  • Equipment (term) Loans
  • Real Estate Mortgage (construction or purchase)
  • Letter of Credit

Agricultural

  • Operating Loans and Revolving Line of Credit
  • Equipment (term) Loans
  • Real Estate Mortgage
  • Crop & Input Loans
  • Letter of Credit

Revolving Line of Credit

  • Established annually to finance current assets
  • Automatic advance option may serve as Overdraft Protection

Overdraft Protection

  • Available on all checking accounts with a Revolving Line of Credit

Visa Credit Card

  •  Please see application and further details under "Business Banking" drop down menu

 

 

Additional Services

Paragon Bank is pleased to offer our customers a wide variety of additional services, which includes but is not limited to:

  • Merchant Services
  • Internet Banking
  • Various Check Styles
  • Endorsement Stamps
  • Zipper Bags
  • Locked Night Depository Bags
 
   
   

 

 

Service Quality Guarantee

Paragon Bank is YOUR bank.  We value your opinions and concerns, and welcome the opportunity to improve your banking experience.  If Paragon Bank has made an error, we will cheerfully correct the error and refund any and all resulting charges.  Please do not hesitate to contact us with any questions or if there is a way that we could improve or change our services to better accommodate your needs.