Paramount Bank no longer operates under this certificate. It failed on December 10, 2010. See the failure record.
Paramount Bank is a bank based in Farmington Hills, Michigan.
There is not enough recent publicly reported data to show a TellerScore for Paramount Bank.
TellerScore · —
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
0 quarters
Health trend
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Deposit insurance
Is my money safe at Paramount Bank?
Paramount Bank is no longer an active bank in FDIC records (since 2010).
Identity & history
Profile
- Legal name
- Paramount Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 34673
- RSSD ID
- 2636083
- Primary regulator
- FED
- Holding company
- Paramount Bcorp Inc
- Established
- February 12, 1998
- Headquarters
- 31000 Northwestern Highway, Farmington Hills, MI 48334
Quick answers
Paramount Bank: common questions
Is Paramount Bank FDIC insured?
Paramount Bank is no longer an active bank in FDIC records (since 2010).
Has Paramount Bank ever failed?
FDIC records show Paramount Bank failed on December 10, 2010.