Charlotte, NC - Paragon Commercial Bank announces the appointment of Michael G. Mayer as president of its new Charlotte office. Mr. Mayer will oversee the bank’s entry into the Charlotte business market.

Mr. Mayer spent the previous 24 years of his career with Bank of America in Charlotte, most recently as Senior Vice President. He served as chairman of the Charlotte Regional Partnership, the UNCC Athletic Foundation Board and the Charlotte Chamber of Commerce Executive Committee.

Founded in Raleigh, NC, in 1999 as the state’s first business-only bank, Paragon Commercial Bank is expanding its unique business model into the Charlotte market, offering banking products and services tailored exclusively to the needs of mid-size companies with revenues of $5 million-$50 million.