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Paragon Bank

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Paragon Commercial Bank Contributes Almost $40,000 to Raleigh and Charlotte Communities in 2011

Donations Include Funding for Special Olympics of Mecklenburg County and First Tee of the Triangle

Raleigh, NC, April 25, 2012 --( Paragon Commercial Bank (, North Carolina’s first business-only bank, has announced that it donated $38,442 to different organizations in the Raleigh and Charlotte communities in 2011. Paragon donated to 30 different organizations, such as nonprofits and foundations for child development and education.

Major contributions in Raleigh include $6,000 to the Greater Raleigh Chamber, $3,500 to First Tee of the Triangle, $3,000 to Wake Education Partnership, $3,000 to The Boy Scouts of America Occoneechee Council and $2,000 to Step Up Ministry.

In Charlotte, Paragon donated $2,500 to the Special Olympics of Mecklenburg, $2,500 to Junior Achievement, and $1,800 to Carmel Pro Am.

“We consider it our responsibility to give back to the two communities Paragon Commercial Bank employees live and work in, particularly to organizations that require funding from outside sources,” said Bob Hatley, Paragon President and CEO. “Paragon is fortunate enough to have the ability to assist a variety of organizations this year, and we hope our contributions will help each of them prosper.”

- Other organizations that Paragon donated to in Raleigh include Miracle League, NC Bank PAC, NC Center for Nonprofits, YMCA of Raleigh, YMCA of Cary, YMCA of the Triangle Boys and Girls Club of Raleigh, Greenville – Steele, The Rotary Foundation, Morrisville Chamber of Commerce, Carolina Country Club, Rotary Club of the Capital City, St. David’s School Golf Fundraiser, Big Brothers & Big Sisters and Miracle League of the Triangle.

- In Charlotte, Paragon also donated to Great American Duck Race, National MS Association and Hospice of Charlotte.

About Paragon Commercial Bank:
Founded in Raleigh, N.C. in 1999, Paragon Commercial Bank is North Carolina’s first business-only bank. Paragon Commercial Bank provides banking products and services tailored exclusively to the needs of small and middle-market companies, their executives and high net worth individuals. The bank’s business focus includes operating companies in a wide range of categories, professional firms and nonprofit organizations. Headquartered in Raleigh, the bank expanded to open a location in Charlotte, N.C. in 2006. For more information, visit

Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition.

Jake Potter
MMI Public Relations
(919) 233-6600
Contact Information
Paragon Bank
Patty Briguglio

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