Paramount Bank NMLS #551907
Website: paramountbank.com
At a glance
- HeadquartersHazelwood, MO
- Loan typesConventional and FHA
- MakesPurchase, Refinance and Cash-out refinance
What it closes
402 home loans closed in 2025
Share of its 2025 home loans: 83% Conventional, 12% FHA and 5% Other types.
Ask Hope Anything About Mortgage & Home Equity!
Hope could not take that just now. Your question is still in the box.
Hope is AI and can make mistakes. Please double-check responses. About Hope * Advertising Disclosure
Who is Paramount Bank?
Paramount Bank (NMLS #551907) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerParamount Bank
- NMLS #551907
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
Compare current mortgage rates · Mortgage calculator · All lender profiles
Bank facts
- Total assets$86.6 millionAs of June 30, 2026, per the FDIC
Paramount Bank held $86,553,000 in total assets as of June 30, 2026, per the FDIC (certificate 57884). The FDIC and NMLS records both place it in Hazelwood, Missouri. FDIC deposit insurance covers deposits held at the bank. It is the bank's coverage and does not extend to any mortgage.
About Paramount Bank
Overview
Paramount Bank offers personal banking and residential mortgage lending. Its services include home loans, checking accounts and certificates of deposit, and its community focus is North County, St. Louis, Missouri.
The bank also provides mobile banking through the Paramount Bank Mobile app and maintains separate access for personal and business banking customers.
Mortgage options
Paramount Bank offers renovation loans. In 2025 it made conventional, FHA and VA loans. Its loans that year were for home purchases, refinances and cash-out refinances.
Company details and licensing
The legal entity is Paramount Bank, and it uses Superior Bank as a trade name. Its headquarters are at 90 Village Square Shopping Center in Hazelwood, Missouri. The primary regulator is the Federal Deposit Insurance Corporation. The NMLS company ID is 551907.
Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #551907 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
See the 2025 loan data: application outcomes, pricing, closing costs and loan mix from the public HMDA filing.
Frequently Asked Questions
What is Paramount Bank's NMLS number?
Paramount Bank's NMLS number is 551907. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Paramount Bank's NMLS ID?
Yes. We checked Paramount Bank's company name and NMLS ID against the NMLS record on October 14, 2026. They've been in our lender network since March 2019. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Paramount Bank?
This page has Paramount Bank's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.