Paragon Bank and Trust

Paragon Bank & Trust Overview

Paragon Bank & Trust, founded in September 24, 1990, is currently an active FDIC insured bank. The chartering agency for Paragon Bank & Trust is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Paragon Bank & Trust has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Paragon Bank & Trust is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on September 24, 1990.

Address Location and Maps for Paragon Bank & Trust

Bank Name Paragon Bank & Trust FDIC Bank Location for Paragon Bank & Trust
Address 240 East 8th Street
Holland, MI 49423
County: Ottawa
Bank’s State: Michigan
Website: Unknown


Paragon Bank & Trust Detailed Information

FDIC Certificate ID 33126
Bank Institution Name Paragon Bank & Trust
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $106,751,000
Total Deposits $95,369,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance September 24, 1990
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Chicago
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Ottawa
Office of Thrift Supervision Region Central
Assigned Federal Reserve District Chicago
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Paragon Bank & Trust is insured by the Federal Deposit Insurance Corporation (FDIC)

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