What are the current interest rates at Paramount Bank?

Current rates for Paramount Bank include: 12-Month CD: 4.00%, 18-Month CD: 1.80%, 24-Month CD: 2.25%, 36-Month CD: 2.50%, 48-Month CD: 2.55%, 60-Month CD: 1.70%, Savings: 0.40%, MMA: 1.00%

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Paramount Bank

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Paramount Bank Rates & Review November 2026

Q: What CD terms does Paramount Bank offer?

Paramount Bank CD rates are 4.00% APY for a 12 month CD, 1.80% APY for an 18 month CD, 2.25% APY for a 2 year CD, 2.50% APY for a 3 year CD, 2.55% APY for a 4 year CD and 1.70% APY for a 5 year CD, verified by MonitorBankRates as of November 7, 2026. The institution may offer other terms or specials that are not listed here, so check with Paramount Bank for its full lineup.

Q: How many branches does Paramount Bank operate?

Paramount Bank currently maintains approximately 3 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Paramount Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: November 7, 2026

Paramount Bank's CD - 12-Month Special rates are at 4.50%, IRA - 12-Month rates are at 4.00%, CD & IRA - 48-Month rates are at 2.55%, CD & IRA - 36-Month rates are at 2.50%, CD & IRA - 24-Month rates are at 2.25%. Paramount Bank's savings rates are at 0.40%. Paramount Bank's money market rates are at 1.00%. Paramount Bank's checking rates are as high as 2.00%. Paramount Bank's top CD rate of 4.50% APY on a 12 month CD is 48% higher than the MonitorBankRates national average of 3.03% APY for that term, and it has an A health rating. MonitorBankRates evaluates the financial stability of Paramount Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 8.70%. Rates last updated and verified on 11/07/2026.

Paramount Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Paramount Bank? Share your experience about Paramount Bank by leaving a review below, or read customer reviews before you decide to use Paramount Bank.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 96/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

8.70%

Excellent Higher than avg

Health Trend

Improving 12 quarters

Full history ›

Paramount Bank

90 Village Square Shop Ctr
Hazelwood, MO 63042

https://www.paramountbank.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Paramount Bank CD Rates

Product	Rate	APY	Term	Min. Deposit
CD - 12-Month Special	4.425%	4.50%	12 Months	$1,000
Min Deposit $1,000 Details Special rate applies to new money only; funds already on deposit with Paramount Bank may not be eligible; Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Oct 22, 2026 · 4.50% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
IRA - 12-month	3.94%	4.00%	12 Months	$1,000
Min Deposit $1,000 Details Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Oct 22, 2026 · 4.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
CD & IRA - 48-month	2.52%	2.55%	48 Months	$1,000
Min Deposit $1,000 Details Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 2.55% APY · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
CD & IRA - 36-month	2.47%	2.50%	36 Months	$1,000
Min Deposit $1,000 Details Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 2.50% APY · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
CD & IRA - 24-month	2.23%	2.25%	24 Months	$1,000
Min Deposit $1,000 Details Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 2.25% APY · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
CD & IRA - 18-month	1.78%	1.80%	18 Months	$1,000
Min Deposit $1,000 Details Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 1.80% APY · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
CD & IRA - 60-month	1.69%	1.70%	60 Months	$1,000
Min Deposit $1,000 Details Quarterly Post or Interest Checks; interest checks reduce APY Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 1.70% APY · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%

Paramount Bank Savings Rates

Product	Rate	APY	View More
Personal Savings Account	-	0.40%
Min Deposit $100 Details APY as of November 6, 2026 for all account balances; rates are subject to change daily; $100 minimum deposit required to open Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 0.40% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%

Paramount Bank Business Money Market Rates

Product	Rate	APY	View More
Business Money Market	1.00%	1.00%
Min Deposit $100 Min Balance $5,000 Details Avoid monthly service fee: $5,000 or $20 Fee Last Updated 11/07/2026 Rate History No change since Oct 14, 2026 · 1.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%

Paramount Bank Checking Rates

Product	Rate	APY
Interest Checking	2.00%	2.00%
Min Deposit $100 Details Qualifying balance up to $100,000.00; No Fees; No Monthly Requirement; Rates as of November 6, 2026; Accounts over $100,000.00 paid 0.10% on the portion above $100,000.00; Account must be funded within 30 days Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 2.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%
Free Checking	0.00%	0.00%
Min Deposit $100 Details No Fees Last Updated 11/07/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%

Paramount Bank Business Checking Rates

Product	Rate	APY	View More
Small Business Checking	0.00%	0.00%
Min Deposit $100 Details No Fees Last Updated 11/07/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%

Paramount Bank Other Rates

Product	Rate	Points	APY/APR	Term	View More
Interest Checking	-	-	2.00%
Min Deposit $100 Details Qualifying balance up to $100,000.00; balances over $100,000.00 paid 0.10%; No Fees Last Updated 11/07/2026 Rate History No change since Sep 14, 2026 · 2.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 8.70%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Paramount Bank’s Texas Ratio fell from 10.91% in Q3 2023 to 8.70% in Q2 2026, so its financial health has improved over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$87M	8.70%	5.0	A
March 31, 2026	$89M	10.32%	5.0	A
December 31, 2025	$83M	8.04%	5.0	A
September 30, 2025	$86M	7.73%	5.0	A
June 30, 2025	$81M	17.98%	4.8	B+
March 31, 2025	$81M	16.16%	4.9	A-
December 31, 2024	$86M	14.83%	5.0	A-
September 30, 2024	$92M	13.66%	5.0	A
June 30, 2024	$101M	8.27%	5.0	A
March 31, 2024	$93M	10.04%	5.0	A
December 31, 2023	$95M	11.25%	5.0	A
September 30, 2023	$85M	10.91%	5.0	A

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Paramount Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Paramount Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Paramount Bank's official website for the most current offers and terms.

Bank Profile & Overview

Bank Name Paramount Bank

Website https://www.paramountbank.com

Address 90 Village Square Shop Ctr, Hazelwood, MO 63042 · St. Louis

Bank Holding Company PARAMOUNT FINANCIAL GROUP INC

FDIC Certificate # 57884

Regulator FDIC

Established December 30, 2004

FDIC Insurance Date December 30, 2004

Domestic Offices 3

Total Branches 3

FDIC Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (96/100)

Texas Ratio

8.70%

National Average Texas Ratio

5.85%

Return on Assets (ROA)

-3.9262%

Return on Equity (ROE)

-30.4400%

Non-Performing Loans Ratio (NPL)

0.47%

Total Assets

$86,553,000

Total Deposits

$74,695,000

Equity Capital

$10,074,000

Net Income

$-1,695,000

Headquarters

Hazelwood

Total Branches and Offices

Source: FDIC — Last Updated June 30, 2026

2026 MBR Health & Safety Badge

Paramount Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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Customer Reviews

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Frequently Asked Questions About Paramount Bank

Does Paramount Bank offer CDs?

Yes. Paramount Bank current CD rates include its CD - 12-Month Special at 4.50% APY, its IRA - 12-Month CD at 4.00% APY and its CD & IRA - 48-Month at 2.55% APY, verified by MonitorBankRates as of November 7, 2026.

Are CDs from Paramount Bank FDIC insured?

Yes. Paramount Bank is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at Paramount Bank?

The highest Paramount Bank CD rate is its CD - 12-Month Special at 4.50% APY, verified by MonitorBankRates as of November 7, 2026.

What CD terms does Paramount Bank offer?

Paramount Bank CD rates are 4.00% APY for a 12 month CD, 1.80% APY for an 18 month CD, 2.25% APY for a 2 year CD, 2.50% APY for a 3 year CD, 2.55% APY for a 4 year CD and 1.70% APY for a 5 year CD, verified by MonitorBankRates as of November 7, 2026. The institution may offer other terms or specials that are not listed here, so check with Paramount Bank for its full lineup.

What is the highest savings rate at Paramount Bank?

The highest Paramount Bank savings rate is its Personal Savings Account at 0.40% APY, verified by MonitorBankRates as of November 7, 2026.

What is the highest money market rate at Paramount Bank?

The highest Paramount Bank money market rate is its Business Money Market at 1.00% APY, verified by MonitorBankRates as of November 7, 2026.

What is the highest checking rate at Paramount Bank?

The highest Paramount Bank checking rate is its Interest Checking at 2.00% APY, verified by MonitorBankRates as of November 7, 2026.

How many branches does Paramount Bank operate?

Paramount Bank currently maintains approximately 3 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Paramount Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Paramount Bank provides members with tools to manage their accounts and build a solid financial history.

Does Paramount Bank offer online and mobile banking?

Most modern institutions like Paramount Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.paramountbank.com.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do Paramount Bank rates compare?

Paramount Bank's top CD rate of 4.50% APY on a 12 month CD is 48% higher than the MonitorBankRates national average of 3.03% APY for that term, and it has an A health rating. Paramount Bank's top rates are its 12-Months CD - 12-Month Special at 4.50% APY, its Personal Savings Account at 0.40% APY, its Business Money Market at 1.00% APY and its Interest Checking at 2.00% APY, verified by MonitorBankRates on November 7, 2026.

Current Paramount Bank Rates

12-Month CD4.00%
18-Month CD1.80%
24-Month CD2.25%
36-Month CD2.50%
48-Month CD2.55%
60-Month CD1.70%
Savings0.40%
MMA1.00%

Retrieved from our database of financial products. Rates subject to change.

Paramount Bank Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Paramount Bank Texas Ratio

Paramount Bank Health Trend

Paramount Bank CD Rates

Paramount Bank Savings Rates

Paramount Bank Business Money Market Rates

Paramount Bank Checking Rates

Paramount Bank Business Checking Rates

Paramount Bank Other Rates

Financial Health History

Methodology & Data Sources

Bank Profile & Overview

Financials

Paramount Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Paramount Bank

Does Paramount Bank offer CDs?

Are CDs from Paramount Bank FDIC insured?

What is the highest CD rate at Paramount Bank?

What CD terms does Paramount Bank offer?

What is the highest savings rate at Paramount Bank?

What is the highest money market rate at Paramount Bank?

What is the highest checking rate at Paramount Bank?

How many branches does Paramount Bank operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Paramount Bank offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

How do Paramount Bank rates compare?

Current Paramount Bank Rates

Compare to Other Banks