Entries by platinum1

CLIENTS AND FRIENDS OF PLATINUM BANK

We are all dealing with the dynamic and challenging events triggered by the coronavirus pandemic.  As a friend so very eloquently stated, “This is a defining life moment, and when you look back years from now, you’ll remember how you responded.  How you contributed to solutions”. When we look back, we want Platinum to be […]

OPERATIONAL UPDATES FOR OAKDALE AND PLYMOUTH OFFICES

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. In-Bank Deposits and Transactions As of Wednesday, March 18, our office lobby […]

CONDUCTING BUSINESS IN TODAY’S ENVIRONMENT – KEEPING YOUR COMMUNITY, YOUR TEAM, AND YOUR BUSINESS – SAFE.

Undoubtedly, you’ve heard about how a novel coronavirus, COVID-19, has been affecting communities, countries, and markets across the globe. As COVID-19 gains a foothold in the United States, we’re reaching out to reassure you that Platinum Bank’s primary concern is for everyone’s personal and business health and safety. Platinum Bank is closely monitoring COVID-19 developments […]

Platinum Bank’s 2020 Outlook

Updated 2-24-20 With a new year under way, the 2020 business trends look promising for great business growth. The real estate market is booming, which means businesses are looking for banking relationships to assist with growth plans and initiatives. Here is a closer look at how commercial banks will be important to maximizing business profits […]

Is Your Business at Risk for Identity Theft?

Identifying and Preventing Bank Fraud at Work If you receive an email from your CEO asking you to wire money, beware. It could be a phishing email from a criminal trying to steal money from your business. Email phishing scams and business identity theft are on the rise. This year, JP Morgan took a survey […]

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. “We know that without capital, small businesses struggle to survive,” pointed out SBA Minnesota District Director, Nancy Libersky. […]

How to Optimize Growth with Export Working Capital Financing

As industry competition rises, more and more SME businesses are turning to the global markets, contributing vast resources and efforts to implementing strong export business plans.  Is your business keeping up with these forward thinking companies?  After dabbling in the export market arena via unsolicited export orders, many manufacturing firms are evaluating their global market […]

Is Your Bank a Vendor or a Partner?

It is a question that every business asks – “How do I choose the right bank for my business? Are they a business bank? Convenient locations? What about mobile banking with online options?” While these are important factors, it is crucial to consider a valuable intangible – which bank offers your business the best and […]