Paragon Commercial Bank Invests More Than $5,000 in Wake Education Partnership

Independent, Nonprofit Organization Helps Wake County Public School System, Local Business Community.

Raleigh, NC, November 15, 2012 --( Paragon Commercial Bank (, North Carolina’s first business-only bank, has announced that it has invested more than $5,000 in 2012 to Wake Education Partnership, an independent, nonprofit organization that is dedicated to finding the best ways to provide excellent public education for all students. Paragon invested in the partnership’s annual campaign for public education, which funds its work through business and community involvement.

Additionally, Paragon Commercial Bank President and CEO Bob Hatley serves as chair for the Leadership Council. Under Hatley’s guidance, the Leadership Council works to achieve Wake Education Partnership’s mission to promote the economic health of Wake County through excellence in public education.

For more information about Wake Education Partnership, visit

“We are dedicated to contributing to the Wake County Public School System,” said Hatley. “It is important for the local business community to contribute to and support organizations like the Wake Education Partnership in order to provide the funding that our schools need to further the education of area students.”

“We greatly appreciate this generous investment from Paragon Commercial Bank,” said Steve Parrott, president of Wake Education Partnership. “This investment, along with other local business community involvement, helps us further reach our goal of providing educators the necessary support to prepare students to enter the workforce.”

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 middle-market companies with revenues from $2 million to $75 million, 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

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