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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.

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PPP CUSTOMER SUCCESSES

“Wow, I can’t believe you got the PPP loan funded so quickly!  I’m utterly amazed!  You guys have gone above and beyond to help us with this and I can’t begin to thank you enough.  Let me know if you need me to do any testimonials or reviews.

Thank you guys so much!”

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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.

Learn More

PPP CUSTOMER SUCCESSES

Wow, I can’t believe you got the PPP loan funded so quickly!  I’m utterly amazed!  You guys have gone above and beyond to help us with this and I can’t begin to thank you enough.  Let me know if you need me to do any testimonials or reviews.

Thank you guys so much!

Read More

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.

Read More

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.

Learn More

Platinum Success Stories

Buck Hill

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.

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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.

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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.

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© Copyright 2019 - Platinum Bank

The House and Senate approved changes to the Paycheck Protection Program that is now headed to the President for signature.  The changes are more favorable for PPP Borrowers. 

It is important to note, once the President signs the new legislation, the final rules still need to be written by the Small Business Administration.  This means that complete clarity on the forgiveness process may not be known for several days.  Once those rules are written and a new Forgiveness Application is published the SBA, Platinum Bank will communicate with all PPP Borrowers to ensure a smooth forgiveness process.

Full details may be found here: https://www.congress.gov/bill/116th-congress/house-bill/7010?overview=closed.

Your Relationship Managers and the entire Platinum Team are here to assist you as needed. For program highlights CLICK HERE.