Paramount Bank Restructures Retail Banking
Arena to Better Serve
Customers
New positions, staff addition and promotions




 


Farmington Hills, Mich., May 2, 2007 – Paramount Bank today announced it has restructured its retail banking organization to further enhance its retail customer experience.

“As a growing, Michigan-based, community bank, our goal is to strengthen our relationship with our customers while improving their financial well being and their retail experiences with us,” said Jeff Sugg, president and CEO of Paramount Bank.  “We’ve created new positions and put people in place who can effectively work with our customers to understand their needs and propose creative solutions using Paramount Bank products.”

  • The Company promoted Matthew Meagher to the newly created position of vice president of retail banking, from assistant vice president and branch manager of the Clinton Township branch.  In his new role, Mr. Meagher will oversee all retail branch banking operations.
  • Paramount promoted Peggy Spiro from assistant branch manager to branch manager of the Company’s Clinton Township branch.
  • The Company hired Anjanette Capizzi as assistant vice president and branch manager for Paramount’s Birmingham branch.  She was most recently assistant vice president of bank operations at Bank of Auburn Hills, a subsidiary of Capital Bancorp.
  • Paramount Bank is also pleased to announce the recent hiring of Laura Roggero to the new position of director of corporate development.  In this position, she will maintain and grow Paramount Bank’s relationships with corporate and retail customers.  Ms. Roggero came to Paramount Bank from Comerica where she held the position of relationship banker.

About Paramount Bank
Paramount Bank, founded in 1998, was established to serve the Oakland and Macomb County communities with financial products and services that meet the needs of today’s customer.  Paramount offers a full-range of banking services including commercial and residential lending and currently has full-service branch locations in Birmingham, Clinton Township, Farmington Hills and Ferndale.  For more information, visit www.paramountbank.com or call (800) 421-BANK. 

For more information on Paramount Bank, please contact Christine Fisher :
cfisher@pushtwentytwo.com or call 248.335.9500x30


 


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