Business Platinum Checking
Designed for accounts with a low to moderate number of transactions, this non-interest bearing account offers unlimited activity for customers who meet regulatory ownership eligibility requirements. The $16 monthly service charge is waived for those clients that maintain a balance of $2,500 or higher.
Business Money Market Account
Money market accounts deliver a superior interest rate on your savings, with easy access to your funds. Since the interest rates are tiered, the higher your balance the more you earn. This product helps you maximize interest income without tying up your money. Paragon never offers 'teaser' rates because we believe that you deserve the best rates we have to offer!
Regulations limit the number of certain debit transactions each statement period.
Certificates of Deposit
CDs with competitive rates and terms are available with a minimum of $25,000.
Commercial Analysis Checking
Paragon's Commercial Analysis Checking aggregates your non-interest bearing accounts into a consolidated relationship. Paragon applies an earnings credit rate (tiered by balance) to the balances which can then offset a part or all service charges that accrue each statement period. This account is designed for businesses with higher activity levels and can be setup with a target account balance tied to one of our Sweep products.
Nonprofit organizations benefit from Paragon's highest earnings credit rate on Commercial Analysis Checking accounts.
Our in-house couriers will pick up your deposits and eliminate trips to the bank by your employees.
Lawyer's Trust Accounts (including IOLTA Accounts)
These accounts are designed specifically for third party trust funds received by or placed in the control of a lawyer. We have streamlined the account opening and closing process for attorneys needing quick turnaround for estate and trust accounts. We have a detailed working knowledge of trust accounts including IOLTA, escrow accounts and agency/fiduciary accounts including 1031 Exchange funds.
Find out more about Paragon's Law Practice Services
Nonprofit Interest Checking Account
This account was designed for nonprofit organizations with moderate activity. Up to 400 items will be processed each month free of charge with interest rates higher than the Interest Checking account option.
Find out more about Paragon's Nonprofit Services
Zero Balance Account
The Zero Balance Account service provides an automated link between multiple Paragon checking accounts which you control. A "sub account" always maintains a zero balance and is linked to your primary account (typically your operating account). If you require more than one account for deposit or check writing purposes, Paragon's ZBA will help manage them easily and more efficiently while eliminating manual transfers by your staff.
Find out more about Paragon's Treasury Management Services