Paramount Bank Information

Basic Information

Bank Name: Paramount Bank
Status: Inactive [Since 2010-12-10]

Address:
31000 Northwestern Highway
Farmington Hills, Michigan 48334
United States

General Information

Established: 2/12/1998
Total Branches: 5
Assets: $ 252,744,000
Deposits: $ 213,550,000

FDIC Information

Certificate No.: 34673
Insurance: 1998-02-12
Unique ID: 61125
Structural Event: Absorption - Assisted
Supervisory Region: Chicago

Federal Reserve District: Chicago
Federal Reserve ID No.: 2636083
Geographic Region: Not Mentioned
Supervisory Region: Chicago
Field Office: Detroit
Supervisory Office: Chicago

More Information

County: Oakland
State & County No.: 26125
State Identification Code: 26
Interstate Branches: No
Conservatorship: No
CMSA: Detroit-Ann Arbor-Flint, MI
CMSA Division No.: No

Trust Powers: Yes
Metropolitan Statistical Area: Detroit, MI
Metropolitan Statistical Area No.: 2160
CSA: Detroit-Warren-Ann Arbor, MI
CSA Code: 220
CBSA: Detroit-Warren-Dearborn, MI
CBSA Code: 19820
CBSA Metropolitan Statistical Areas: Detroit-Warren-Dearborn, MI
CBSA Division: Warren-Troy-Farmington Hills, MI
CBSA Division Number: 47664
FFIEC Call Report 31 Filer: No

Chartering Agency: STATE
OCC Charter Number: 0
Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB).
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: Central
Regulator:
Office of the Comptroller (OCC) Districts: Central

Report Date: 30 September 2010,   Last Updated: 5 October 2018
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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
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Stay away from this bank, they are Crooks! In the 3 years that I have been banking with Wells Fargo I have sent hundreds of wires out to foreign country’s and received some wires back to the US. When i received a wire for $21000 and they closed my account without any notice i then received a form email that they closed my account for receiving an unsolicited wire. The local bank manager just shrug his shoulders. Stay away from this bank they are fee crooks.
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Never ever go to this bank, i went to cash out my check and received 100 dollar's short from my payment i was so mad they kept on that it was not their fault that the girl had give me the exact amount im like really, she must not know how to count because i was missing $100.00.... and after 30 to 40 min later they realize they were over 100 dollars
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