Community Service

Once a bank has been purchased by an out-of-state institution, support in the local community usually decreases. That is because institutions based in other communities typically provide a majority of their support in the city where they are headquartered. As a locally owned bank, Paragon strongly supports the Memphis region. In fact, being actively involved in our community is part of Paragon’s mission.

Employees gather after volunteering for Hands on Memphis’ 2007 Servathon	Paragon's large team of employees and family at the 2007 Susan G. Komen Race for the Cure

	Since our grand opening in 2005, we have given $10 to Make-A-Wish of the Mid-South for every new account opened at Paragon. With support from our customers, we have been able to grant three wishes for deserving children.
	Paragon adopted Ms. Kimberly Martin’s class at Hawkins Mill Elementary School in North Memphis in the fall of 2005. Several times during the year Paragon staff members visit the classroom to engage the children in different activities.

Assisting the Community Through Service (ACTS)

A majority of Paragon’s support is provided through service of our employees. Through its ACTS (Assisting the Community Through Service) program, Paragon grants 40 hours each year to all bank employees so they may volunteer their services to charitable organizations. Employees use their ACTS time during regular work days to provide help to dozens of local and national volunteer and charitable agencies. Of course, Paragon employees support charitable organizations in the Memphis community during evenings and weekends, too.

Kim Hall and Robert Shaw served at the 2006 Celebrity Chefs Gala for the Memphis Child Advocacy Center.	Charlene Franklin and Nadine Goldin participate in a Paragon blood drive.
Paragon was a corporate sponsor for the Memphis Food Bank's 2007 Student Food Drive. Employees and customers worked together to collect food for the needy.	Paragon CEO Robert Shaw served as Honorary Co-Chairman of the 2006 and 2007 Signature Chef’s Gala for the March of Dimes

Community Support Deposit Account

Paragon’s Community Support Checking Account is another way we give back to the community. The account pays one half percent more in interest so that local non-profit organizations can earn more to give more.

Community Improvement Initiative

Paragon is assisting with an initiative to better coordinate the services of non-profit organizations in the Memphis area.

Comprehensive List of Non-Profits