Paragon Bank Announces New Operations Center in North Raleigh

Local Bank Facility Allows Growing Staff to Better Manage Assets Securely

Raleigh, NC, July 26, 2014 --( Paragon Bank has announced the opening of a new 11,500-square-foot operations center in North Raleigh, conveniently located near Paragon Bank’s Glenwood Avenue headquarters. The new center is a result of Paragon’s desire to further protect clients’ assets through expanding and shifting back office operations staff to a highly secure, offsite location.

Due to the bank’s recent growth and the addition of highly talented team members, an additional location became an optimal solution to accommodating the Glenwood Avenue location’s expansion. The operations center will support the Paragon Bank’s Raleigh, Charlotte and soon-to-open Cary, North Carolina, offices.

“The current momentum in our growth is due in large part to the efforts of our dedicated employees over the past 15 years,” said Matt Davis, chief operating officer of Paragon Bank. “This new operations center allows us to organize personnel more comfortably to better serve our private and commercial banking clients.”

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About Paragon Bank:
Founded in Raleigh, North Carolina, in 1999, Paragon Bank, with assets of $1.1 billion, provides an extraordinary private banking experience to businesses, professionals, executives, entrepreneurs and other individuals. Paragon’s commitment to an extraordinary client experience is built on the philosophy that clients deserve well prepared bankers who are present and fully available, and proactive about helping clients achieve their goals. Banking services are provided through highly responsive professionals, an extensive courier service, online and mobile technologies, free worldwide ATM access, and a select number of strategically placed offices in Raleigh, Charlotte and Cary, North Carolina. For more information, visit
Paragon Bank
Jake Potter