190 South Broadway
Wells, MN 56097
507-553-6311
http://www.paragonbankmn.com/
Paragon Bank of Minnesota - Routing Number |
|
91215626 | The routing number for Paragon Bank in Minnesota is used on Paragon Bank checks and for direct deposits and wire transfers. |
Bank Name: | Paragon Bank |
Chartered By: | STATE |
FDIC Certificate: | #9772 |
Return On Assets: | 0.46% |
Return On Equity: | 5.83% |
Established: | 1925-08-31 |
Data Updated: | 2006-11-03 |
FDIC Insured: | Yes, since 1934-01-01 |
Insured Savings Institution: | No |
Insured Commercial Bank: | Yes |
Paragon Bank is a commercial bank located in Minnesota, and has 2 branches and offices. Paragon Bank is classified as a commercial bank with a state charter supervised by the FDIC, but not a member of the Federal Reserve.
Paragon Bank holds a total of $30,897 in assets, of which $28,337 are deposits in the savings and checking accounts offered by the bank. Paragon Bank is owned by Southern Minnesota Bancshares, Inc., a bank holding company headquartered in Wells.
How to use the Paragon Bank Routing Number
Paragon Bank's routing number is the eight or nine-digit number found on the bottom left hand side of Paragon Bank checks, next to your checking account number and check number.
In the sample check on the left, the routing number is circled in red. Your checks may have a slightly different layout.
Your routing number is used like a bank's address, to ensure that financial transactions (like checks and direct deposits) get sent to the correct banking institution. You will need to know the Paragon Bank Routing Number when setting up direct deposit with your employer, receiving direct-deposit benefits or tax refunds from the U.S. Government, or requesting a direct bank wire payment to your bank account.