Paragon Commercial Bank in Raleigh, N.C., has hired Greg Pierce as senior vice president in charge of operations, technology, and marketing.

Mr. Pierce was a retail sales manager at $2 billion-asset Triangle Bank in Raleigh. Earlier he worked at Centura Bank in Rocky Mount, N.C. He has 10 years of banking experience in human resources, operations, audit, training, and retail sales.

Paragon Commercial Bank opened in May as North Carolina's first business-only bank. It has $19.5 million of assets.

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