Is Paragon Bank a real bank?
About Paragon Bank. At Paragon Bank PLC, we are proud to be a specialist lender and savings bank offering a range of products and services in the UK. Our purpose is to support the ambitions of the people and the businesses of the UK by delivering specialist financial services.
Who are Paragon Bank and are they safe?
How safe is Paragon bank? Paragon is covered by the Financial Services Compensation Scheme (FSCS), so your deposits are covered for up to £85,000 with Paragon. Paragon is authorised by the Prudential Regulation authority and regulated by the PRA as well as the Financial Conduct Authority.
Who are Paragon Bank part of?
In 2014, the Paragon Group of Companies PLC launched Paragon Bank which offers a range of internet-based savings accounts and a range of lending products.
Is Paragon Bank covered by FSCS?
Your eligible deposits with Paragon Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme.
Is Paragon part of nationwide?
Nationwide and Paragon are partnering to deliver Nationwide’s layered and shared property capacity to the market via a program manager model. “The Paragon team is excited to be partnering with Nationwide in the layered and shared property market,” said Ron Ganiats, CEO and co-founder of Paragon.
Who bought Paragon Bank?
TowneBank
Paragon Bank, a division of TowneBank (NASDAQ: TOWN), is switching over to the TowneBank name as of June 10. The change comes after Hampton Roads, Virginia-based TowneBank closed on its $324 million acquisition of Paragon on Jan. 26, 2018.
Are my savings safe with Paragon Bank?
Your eligible deposits with Paragon Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
Has Paragon Bank got an app?
We offer a very powerful, yet free Mobile Banking app for iOS and Android devices. To download the app, click on the proper link below to be directed to your device’s app store.
Is there a paragon Bank app?
Who owns the shawbrook bank?
SHAWBROOK GROUP PLC
Shawbrook Bank/Parent organizations
Shawbrook Bank Limited is a retail and commercial bank in the United Kingdom. It is an operating entity of Shawbrook Group plc which was listed on the London Stock Exchange until it was acquired by a consortium led by BC Partners and Pollen Street Capital in July 2017.