Paragon Commercial Bank To Lend Resources To The Alternative Board

Top Quote Triangle-Based Business Bank Partners With Organization Supporting Small Business Owners. End Quote
  • Raleigh-Durham-Chapel Hill, NC (1888PressRelease) May 25, 2012 - Paragon Commercial Bank (http://www.paragoncommercial.com), North Carolina's first business-only bank, has announced that it has partnered with The Alternative Board (TAB), an organization of small business owners who serve as board members for each other and meet to discuss business strategies and create solutions for today's top business challenges. Paragon lent space in its Raleigh headquarters, located at 3535 Glenwood Ave., and other resources for The Alternative Board to host four of its business strategy discussions.

    The Alternative Board provides a peer advisory board and coaching services for each business owner, CEO and president worldwide. Each TAB board is comprised of a small number of local business owner members, who run non-competing businesses. These boards are formed and facilitated by TAB certified facilitator-coaches. Each month, board members meet to share their business expertise, solve business challenges, and help each other seize new opportunities to achieve enhanced profitable growth and success. Keith Weaver is the local TAB franchise owner. For more information, visit http://www.thealternativeboard.com

    QUOTES:
    "We were delighted to provide space in our facility to The Alternative Board to help small businesses govern themselves better," said Michael Story, Paragon Commercial Bank executive vice president and chief risk officer. "It is a natural fit for Paragon to host roundtable discussions between Triangle small business owners, and hosting such events corresponds with our overall goal as a business bank."

    ABOUT PARAGON COMMERCIAL BANK:
    Founded in Raleigh, N.C. in 1999, Paragon Commercial Bank is North Carolina's first business-only bank. Paragon Commercial Bank provides banking products and services tailored exclusively to the needs of small and middle-market companies, their executives and high net worth individuals. The bank's business focus includes operating companies in a wide range of categories, professional firms and nonprofit organizations. Headquartered in Raleigh, the bank expanded to open a location in Charlotte, N.C. in 2006. For more information, visit http://www.paragoncommercial.com.

    Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition.

    Jake Potter
    MMI Public Relations
    (919) 233-6600
    jake ( @ ) mmipublicrelations dot com
    http://www.twitter.com/MMIPR
    http://www.mmipublicrelations.com

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