Paragon Bank

Status:Inactive as of 09/09/2016
 Merger - Without Assistance
Successor Bank:Peoples State Bank of Wells
Headquarters:Paragon Bank
190 South Broadway
Wells, MN 56097
Established:08/31/1925
FDIC Insurance:01/01/1934
FDIC Cert:#9772
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$27,635,000
Total Deposits:$23,938,000

History

1925-08-31Institution established: Original name:Security State Bank of Wells
2000-08-01Changed name to Paragon Bank
2016-09-09Merged into and subsequently operated as part of Peoples State Bank of Wells (8840) in WELLS, MN

Financial Information (2016-06-30 and Older)