Harvey A. Schmitt Joins Paragon Bank’s Board of Directors

Former Greater Raleigh Chamber of Commerce President Joins Expanding Team of Directors for Bank.

Raleigh, NC, February 06, 2016 --(PR.com)-- Paragon Bank has announced the addition of Harvey A. Schmitt to its corporate board of directors. Schmitt joins 11 other board members dedicated to guiding the bank toward continued success and fulfilling its commitment to provide an extraordinary client experience.

Schmitt, president emeritus at Greater Raleigh Chamber of Commerce, is known for his leadership in community development and community outreach, and boasts an expansive career surpassing 21 years with the Greater Raleigh Chamber of Commerce. He was only the fourth executive since 1940 to head the Chamber, which was established in 1888. Schmitt helped oversee the transformation of Raleigh, which now ranks high on lists for best places to work and live. He was involved in the recruitment of technology developer Red Hat and the Carolina Hurricanes NHL team. Schmitt was also fundamental in the creation of the Raleigh Convention Center and the Downtown Raleigh Alliance. The recipient of the Chamber’s A.E. Finley Distinguished Service Award for 2015, Schmitt was honored for contributing his time, talent and service to the benefit of the Triangle community. Schmitt and his wife, Pam, reside in Raleigh.

“Harvey’s hard work and dedication have been instrumental to helping Raleigh become such a great city. Together with the other members of Paragon Bank’s board of directors, we are excited to welcome Harvey to Paragon,” said Bob Hatley, president and CEO of Paragon Bank.

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About Paragon Bank:
Founded in Raleigh, North Carolina, in 1999, Paragon Bank, with assets of $1.3 billion, provides a 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. Paragon Commercial Corporation shares trade on the OTCQX Market under the symbol PBNC. For more information, visit http://ParagonBank.com.
Amanda Romano