Paradise Bank is a bank based in Boca Raton, Florida, established in 2005, with $445 million in total assets across 3 branches. By Trust Grade it ranks 71st of 83 banks we track in Florida. Its capital ratio of 6.5% trails most similarly sized banks (5th percentile), versus a Florida median of 9.3%. It was profitable over the most recent period, with a 1.98% return on assets. No consumer complaints against Paradise Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Paradise Bank compares to Florida peers
How we graded Paradise Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (6.5% capital ratio)
- Strongly profitable (ROA 1.98%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Paradise Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 3800 N Federal Hwy, Boca Raton, FL 33431
- 1351 N Federal Hwy, Delray Beach, FL 33483
- 1420 Se 17th St, Fort Lauderdale, FL 33316
Are deposits at Paradise Bank insured?
Yes. Paradise Bank is an FDIC-insured bank (FDIC certificate #58030). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Paradise Bank: frequently asked questions
Is Paradise Bank a good bank?
Paradise Bank earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Well-capitalized (6.5% capital ratio); Strongly profitable (ROA 1.98%).
Is Paradise Bank FDIC-insured?
Yes. Paradise Bank is a FDIC-insured bank (FDIC certificate #58030). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Paradise Bank?
Paradise Bank holds $445 million in total assets, ranking 71st of 83 banks we track in Florida. It operates 3 branches.
Does Paradise Bank have CFPB complaints?
No CFPB complaints against Paradise Bank appear in our data over the analysis window, which is typical for a bank of this size.
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
