Paragon Bank Names Mike Stellar Senior Vice President and Client Development Officer

North Carolina-Based Bank Welcomes CDO with More Than 20 Years Experience

Raleigh, NC, November 17, 2013 --( Paragon Bank has announced that Mike Stellar has joined the company as senior vice president and client development officer. In his position, Stellar specializes in developing commercial and industrial accounts, including maintaining a portfolio of commercial client relationships. With more than 20 years of financial industry experience, he focuses on deposit and loan responsibilities associated with clients, as well as selling and servicing all other applicable treasury or cash management products and services needed by clients.

Stellar is an active member of the Apex Rotary Club in Apex, N.C., where he has served as the club’s president, secretary and sergeant of arms. He was awarded Rotarian of the Year for 2010-2011. He also volunteers his time with the local YMCA, Crosswinds District Friends of Scouting Breakfast Committee, Junior Achievement and Western Wake Crisis Ministry.

Stellar earned his bachelor’s degree at North Carolina State University. A native of San Jose, Calif., he resides in Apex.

“We are pleased to welcome Mike to the Paragon team,” said Bob Hatley, Paragon Bank president and CEO. “His vast experience and strong commercial client relationships make him a valuable asset to our dedicated staff. We look forward to his contributions to the bank as we continue to grow and expand our services.”

About Paragon Bank:
Founded in Raleigh, N.C., in 1999, Paragon Bank began as North Carolina’s first business-only bank. Paragon Bank provides banking products and services tailored to the needs of middle-market companies with revenues from $5 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
Paragon Bank
Robert Buhler