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PERSONAL BANKING

We live here, work here and bank here too. Our philosophy: local ownership and local control, with friendly, personal service and a focus on the needs of our community. Platinum Bank is a totally different kind of financial institution, and we invite you to join us. Stop by and say hello. Ask us about whatever financial needs you may have. Come experience our philosophy in action.

To speak with one of our Personal Relationship Bankers, please call 651-332-5200.

Platinum Bank offers a variety of low-fee and no-fee personal checking accounts, including some that pay interest.

Essential Checking

This practical choice has no minimum balance requirement.

  • $100.00 minimum to open
  • No minimum balance
  • 25 checks, debits or ATM withdrawals per month at no charge (A $.25 service charge per item after 25)
  • ATM card for qualified clients with no monthly fee
  • Internet banking with check images with no fees
  • E-mail statement delivery at no additional cost (mailed statements are $5.00 per month)
  • Non interest bearing
  • $2.00 per month for debit card to qualified clients
  • $5.00 per month for unlimited bill pay

To speak with one of our personal Relationship Bankers,
please call 651-332-5200.

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Classic Checking

Get more services for a minimum ledger balance of just $500.

  • $500.00 minimum to open
  • $500.00 minimum ledger balance (monthly service charge of $10.00 if below minimum)
  • E-mail statement delivery at no additional cost (mailed statements are $5.00 per month)
  • Unlimited check writing with no service charge
  • ATM/Debit cards to qualified clients with no monthly fee
  • Internet banking with check images at no additional cost
  • $5.00 per month for unlimited bill pay
  • Non-interest bearing

To speak with one of our personal Relationship Bankers,
please call 651-332-5200.

Advantage Checking

Our interest-bearing personal checking account offers unlimited check writing without a service charge, a free debit card (for qualifying clients), cashiers check with no fee, plus interest on the monthly tiered balance.

  • $500.00 minimum to open
  • $2,500 minimum ledger balance (monthly service charge of $15.00 if below minimum)
  • Tiered interest rate
  • Unlimited check writing with no service charge
  • ATM/Debit cards to qualified clients with no monthly fee
  • Internet banking with check images and unlimited bill pay at no additional cost
  • E-mail statement delivery at no additional cost (mailed statements are $5.00 per month)
  • First order of checks at no cost up to $10.00
  • Cashiers checks issued with no fee

To speak with one of our personal Relationship Bankers,
please call 651-332-5200.

When you need cash, whether for a new home, vehicle or life opportunity, we've got a loan or line of credit tailored to meet your particular needs.

  • Click here to download a Personal Loan Application (Microsoft Word® format)
  • To speak with one of our personal Relationship Bankers, please call 651-332-5220.

Home Equity Loans

Borrow against your home equity at historically low interest rates with Platinum Bank. We offer both fixed and variable rate options, up to 80% loan against value and quick completion on most applications. Plus your interest payments may be tax deductible. Please consult a tax advisor for further information regarding the deductibility of interest.

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Home Equity Lines

Variable rate home equity lines are a good way to provide yourself with ready credit for life's great moments.

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Automobile Loans

Let Platinum Bank help you get into your next dream car or truck. Great variable or fixed rates and flexible terms mean low monthly payments for you.

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Recreational Vehicle Loans

Whether you're buying a boat, motorcycle or RV, count on Platinum Bank to offer you competitive rates, both variable and fixed rate loan options and flexible terms. In most cases, the loan can be processed that day.

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Bridge Loans

Looking for short-term financing to quickly close on a property or take advantage of an immediate opportunity? Consider a bridge loan from Platinum Bank. We offer low fixed rates and flexible terms.

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Unsecured Loans

We offer flexible terms with quick loan approvals.

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Platinum Bank offers a range of savings and money market account options for all your short- and long-term financial needs. Manage your cash and make it grow.

  • To speak with one of our personal Relationship Bankers, please call 651-332-5220.

Budget Savings

Our basic thrift savings account offers low balance requirements, free internet banking and low fees.

  • $50 minimum to open
  • $50 average ledger balance (monthly service charge of $3.00 if below minimum)
  • 5 withdrawals per month (a service charge of $1.00 per withdrawal over 5) and as allowed by law
  • Internet banking at no additional cost
  • E-mail statement delivery at no additional cost (mailed statements are $5.00 per month)
  • Interest earned on all balance

To speak with one of our personal Relationship Bankers,
please call 651-332-5220.

Ledger Savings

This account pays interest on low balances and includes a free ATM card for qualified clients.

  • $200 minimum to open
  • $200 minimum ledger balance (monthly service charge of $5.00 if below minimum)
  • 5 withdrawals per month (a $.50 service charge per withdrawal over 5) and as allowed per law
  • ATM card to qualified clients with no monthly fee
  • E-mail statement delivery at no additional cost (mailed statements are $5.00 per month)
  • Internet banking at no additional cost

To speak with one of our personal Relationship Bankers,
please call 651-332-5200.

Portfolio Savings

Our money market account pays a competitive interest rate and features a low balance requirement, free internet banking and a free ATM card (for qualified clients).

  • $1,000 minimum to open
  • $2,500 minimum ledger balance (monthly service charge of $15.00 per month if below minimum)
  • Unlimited withdrawals per month as allowed per law
  • ATM card available to qualified clients with no monthly fee
  • E-mail statement delivery at no additional cost (mailed statements are $5.00 per month)
  • Internet banking at no additional cost
  • Cashiers checks issued with no fee

To speak with one of our personal Relationship Bankers,
please call 651-332-5200.

Certificate of Deposit

CDs from Platinum Bank provide low-risk diversification for your portfolio.

To check our current terms and rates, speak with one of our Bankers
at 651-332-5220.