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Paradise Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.paradisebank.com
561-392-5444
2420 N. Fedl Hwy
Boca Raton, FL 33431

Paradise Bank is headquartered in BOCA RATON and is the 52nd largest bank in the state of Florida. It is also the 1,951st largest bank in the nation. It was established in 2005 and as of March of 2025, it had grown to 48 employees at 2 locations. Paradise Bank has a B+ health rating.

Reviews

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Health
B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58030
Year Established2005
Employees48
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.86%
Return on Equity - YTD42.87%
Annual Interest Income$7.1MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$446.9MM$367.5MM
LoansQ1 2025vs Q1 2024$321.6MM$243.4MM
DepositsQ1 2025vs Q1 2024$405.7MM$337.2MM
Equity CapitalQ1 2025vs Q1 2024$28.6MM$27.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3MM$2.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.1MM$0
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates

Sorry, we do not have rate data for Paradise Bank.

Locations


Paradise Bank Locations
Delray Beach Office Branch1351 N Federal HwyDelray Beach, FL 33483
Paradise Bank2420 N Federal HwyBoca Raton, FL 33431
Ft Lauderdale Office Branch540 N Federal HwyFort Lauderdale, FL 33301

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