NOTE: Platinum Bank is open for business! Oakdale and Plymouth lobbies are closed to foot traffic. Oakdale drive-up hours ... 7:30 AM - 5:00 PM ... Monday - Friday. Night drop, On-line, Electronic and Mobile services open 24/7. Call (651) 332-5200 for all your Platinum Banking needs.

Platinum Bank Recognized for its Commitment to Small Business Success

The U.S. Small Business Administration’s Minnesota District honored Platinum Bank as Export Lender of the Year and for its commitment to helping small businesses succeed at its Seventh Annual SBA Lenders Conference on September 13, 2019.

COVID-19 UPDATES AND INFORMATION

As things rapidly evolve and more preventative measures are being taken against COVID-19, we are making some changes to our operations. These decisions were done in accordance with social-distancing recommendations and our commitment to ensure the safety of our employees, clients and communities.

Click below to view all updates and information regarding Platinum Bank locations and staff.

SECURITY

Platinum Bank is wholly committed to your privacy and security. We provide you with educational information on keeping your business and personal information safe and secure, including computer, electronic and mobile security guidelines and tips. Your privacy and security are first and foremost at Platinum Bank.

COVID-19 UPDATES AND INFORMATION

As things rapidly evolve and more preventative measures are being taken against COVID-19, we are making some changes to our operations. These decisions were done in accordance with social-distancing recommendations and our commitment to ensure the safety of our employees, clients and communities.

Click below to view all updates and information regarding Platinum Bank locations and staff.

Platinum Bank Recognized for its Commitment to Small Business Success

The U.S. Small Business Administration’s Minnesota District honored Platinum Bank as Export Lender of the Year and for its commitment to helping small businesses succeed at its Seventh Annual SBA Lenders Conference on September 13, 2019.

SECURITY

Platinum Bank is wholly committed to your privacy and security. We provide you with educational information on keeping your business and personal information safe and secure, including computer, electronic and mobile security guidelines and tips. Your privacy and security are first and foremost at Platinum Bank.

Platinum Success Stories

Roers Companies

Having the opportunity to work with some of Minnesota’s finest and most successful businesses is something that we don’t take for granted. Roers Companies is one of those great partners of ours.

Featured Article

IS YOUR BUSINESS AT RISK FOR IDENTITY THEFT?

This year, JP Morgan took a survey of businesses across the country to find out how prevalent bank fraud was in 2018. The results were sobering. The survey found that 82 percent of companies were targets of payments fraud last year.

Featured Article

IS YOUR BANK A VENDOR OR A PARTNER?

The relationship you form with your banker will go far beyond choosing the correct credit facility or opening a depository account. It is a collaborative approach to grow with your business and the ability to adapt and be nimble when adversity hits – to be a real partner.

© Copyright 2019 - Platinum Bank

Platinum Bank received 250 applications totaling ~$100 million for the SBA Paycheck Protection Program (“PPP”).

Due to the overwhelming demand, we are not accepting any additional applications at this time.

The Federal Reserve is considering various moves to help banks support additional PPP lending.

We will closely monitor any actions that would help us support additional PPP lending.