About UsImagine a grove of oak trees, a landowner and two seasoned bankers who believed that their profession shouldn't be a commodity. David Rom and Marc Cove worked in many areas of banking and held many titles over the years as they discussed the merits of their profession and how it contributed to quality of life. The idea of starting a bank was discussed frequently. David finally took it a step further. He left his bank and entered the world of entrepreneurship. David wanted to bring to life his vision of banking... where trust, confidence and sound advice create the foundation of a business relationship. David spent the next 12 months with Marc pursuing investors for a new community bank. Built with $9.9 million in start-up capital, Platinum Bank was approved on December 29, 2006 – the only new bank in the state of Minnesota that year. Since then, business owners and community members from around the Twin Cities have chosen Platinum Bank in Oakdale, Minn., for its hospitality-focused retail and small business services, its decidedly non-bank atmosphere and its platinum-level professionals who believe in authentic banking that contributes to quality of life. Since opening, Platinum Bank has grown and met financial projections in the midst of a dismal banking environment of bad debt and tarnished credibility. David Rom was also named a top "40 Under 40" community leader by the Minneapolis St. Paul Business Journal. Leveraged technology and old-fashioned values make Platinum the clear choice for full-service banking today. Your sense of convenience, reliability and stability are important to us. You'll get fast and straightforward answers because our decisions are made locally. For our bankers, it's not about the transaction and the dollars. It's about giving you the right advice for positive personal and community impact. Come and experience what it is like to have trust and confidence in your banker. It is one of those things where you know it when you see it.
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