Paragon Bank is a division of TowneBank. Some TowneBank banking offices that operate in different geographic regions may use a variation of the TowneBank name that includes a reference to a particular community or region. Please be aware that the TowneBank offices that operate under a variation of the TowneBank name in this manner are divisions of TowneBank and not part of a separate FDIC insured bank. Deposit accounts held at these offices, and any other similar deposit accounts members may hold at another TowneBank office, are not separately insured by FDIC deposit insurance.
Visit the FDIC website for more information.