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