Paragon Commercial Bank Names Glenn N. Poole, Jr. Senior Vice President

35-Year Industry Veteran Responsible For Treasury And Wealth Management, Business Development

2012-08-23

CHARLOTTE, NC, August 23, 2012 (Press-News.org) Paragon Commercial Bank (http://www.paragoncommercial.com), North Carolina's first business-only bank, has announced that Glenn N. Poole, Jr. will join Paragon's team as senior vice president, for which his day-to-day responsibilities will include working with current business clients to assist them with capitol loans and treasury and wealth management, as well as bringing in new business clients to Paragon.

Poole has 35 years of commercial lending experience, primarily C&I and Asset Based Lending. He earned a bachelor of science in accounting from Mars Hill College. Poole resides in Charlotte with his wife, Nancy, and their two daughters, Haley and Elizabeth.

QUOTES:
"Glenn's extensive experience and skills will make him a valuable asset to Paragon Commercial Bank," said Phil Jurney, Paragon Commercial Bank Charlotte market president. "His dedication, commitment and continuous leadership in his new role as senior vice president will benefit us as we strive to uphold our reputation as a top-notch provider of unsurpassed client experience."

DETAILS:
- Poole has been a member of numerous organizations including Commercial Financial Association, Association for Corporate Growth and Turnaround Management Association.

- Poole was the former President of Home Owners Association and he is a former board member of the Cabarrus Economic Development Board.

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 middle-market companies with revenues from $2 million to $75 million, 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.com
http://www.twitter.com/MMIPR
http://www.mmipublicrelations.com

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