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Platinum Bank

✓ FDIC-insured · Active FDIC Certificate #58511

Platinum Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Oakdale, Minnesota, established in 2007. As of the 06/30/2026 FDIC call report, it reported $739M in total assets and $601M in deposits. FDIC location data lists 2 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company PLATINUM BCORP INC (Oakdale, MN).

Total assets
$739M
Total deposits
$601M
Offices
2
Return on assets
1.53%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 2 of Platinum Bank's FDIC-listed offices are in Minnesota. Browse banks in Oakdale for other local options.

Branch locations

Platinum Bank
Platinum Bank · Full Service - Brick And Mortar
7667 10th St N
Oakdale, MN 55128
Map ↗
Platinum Bank
Plymouth Branch · Full Service - Brick And Mortar
605 Highway 169 N
Plymouth, MN 55441
Map ↗

Holding company: PLATINUM BCORP INC

The FDIC lists PLATINUM BCORP INC, based in Oakdale, MN, as the top holding company for Platinum Bank. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Minnesota

Active FDIC-insured banks headquartered in Minnesota with total assets closest to Platinum Bank's $739M. See all banks in Minnesota.

BankHQ cityAssetsOffices
Northeast BankMinneapolis$837M3
Highland BankSaint Paul$776M8
Alliance BankLake City$756M6
FM BankWaseca$738M6
The Bank of Elk RiverElk River$719M5
HomeTown BankCarver$692M11
Premier Bank MinnesotaHastings$691M12
BankVistaSartell$651M3

Platinum Bank: common questions

Is Platinum Bank FDIC-insured?

Yes. Platinum Bank is an active FDIC-insured institution, FDIC Certificate #58511. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Platinum Bank headquartered?

Platinum Bank is headquartered at 7667 10th St N, Oakdale, MN 55128, according to FDIC records.

How many branches does Platinum Bank have?

FDIC location data lists 2 offices for Platinum Bank, all in Minnesota.

Who owns Platinum Bank?

The FDIC lists PLATINUM BCORP INC of Oakdale, MN as the top holding company for Platinum Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.