Paragon Bank Appoints New Vice President of Commercial Lending and Senior Vice President of Mortgage Loans

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August 20, 2020
Memphis, Tenn., August 20, 2020 – Paragon Bank (OTCBB: PGNN.OB) today announced the appointment of William Wilson Pace as Vice President of Commercial Lending and Anne Richards as Senior Vice President of Mortgage. Pace reports to Gordin McMurty, Senior Vice President of Commercial Lending, and Richards reports to Kin Kinney, Oxford Market President. 

“We are thrilled to welcome Wilson and Anne to the Paragon team,” said Robert Shaw, Chief Executive Officer at Paragon. “Their extensive combined knowledge and expertise will prove to be valued assets to uphold the Paragon name and reputation.”

As Vice President of Commercial Lending, Pace is responsible for commercial lending, with additional duties dealing with investment portfolios, government guaranteed lending, commercial real estate and secondary markets. Pace’s previous positions include Land Acquisitions and Development Manager and, most recently, Senior Vice President Head of Government Guaranteed Loan Trading. He received his bachelor’s degree in economics from Birmingham Southern College.

As SVP of Mortgage Loans, Richards is tasked with mortgage loan production and originating mortgage loans. Richards has over 40 years of experience in various areas of the mortgage banking industry in Memphis, which includes loan origination, processing, closing and construction lending. She prides herself on creating and maintaining a diverse and productive office environment. In her previous roles, Richards served as a Regional Manager of Mortgage Production and a Regional Mortgage Manager for two well-known local banks. She received her bachelor’s degree from the University of Memphis. 

About Paragon Bank
Since its founding in 2005, Paragon Bank has maintained a solid focus on the community and customer service and in 2018 opened its full-service Oxford Banking Center. For 15 years, Paragon has delivered innovative products and financial expertise, convenience, and a deep understanding of what both businesses and individuals need from a bank, in order to provide solutions that make a difference. In the areas of business or personal banking, lending options or wealth management, Paragon delivers cutting edge technology, an experienced team and the most service-oriented staff of any community bank. 

For more information about Paragon Bank, please call (901) 273-2900, the Oxford Banking Center at (662) 259-8306 or visit us online at
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Kimberly McManis, inferno, (901) 278-3773