Paramount Bank Reviews (6)
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This is a true blue community bank. When you call you get people that are able to take action and make decisions. Customer service is number 1. Works great for CDs. They have a nice stand alone building and are not in a strip mall.
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Horrible experience with Paramount Bank. Six months after establishing a Business Money Market Account with over $100,000, Paramount Bank decided to drop its interest rate from the promised .50% to .05% with no notice. I thought it must have been a typo when I first saw it on my statement, because I could not believe that any reputable bank could do such a thing to its customers, particularly a large depositor. When I asked why the change was made, the only answer I received was that it was a decision of the Board. Lousy customer service and absolutely no respect for its customers. Recommend that you stay away from this bank!
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The absolute most incompetent group of folks I’ve ever worked with... Tom Russo and his team are an embarrassment to the lending industry. The negligence and lack of attention they exhibit is truly disgusting. If I could give them a negative star rating, I would. Consumers beware, don’t waste your time!
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I was about to open a CD account with $250,000 but now we have Josh Hawley and I think that there needs to be some repercussions for the people of Missouri for this. This bank is based in MO. I will take my business elsewhere. Sorry, but please elect better leaders next time.
jjj999 | Apr 10, 2021
Obviously you don't have 250k, or you wouldn't be dumb enough to invest it all in a cd.
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Old Man Bob
Apr 20, 2023 |