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Steve Marchek

Steve Marchek

Vice President/Credit Manager
651-332-5211
651-332-5201 fax
smarchek@platinumbankmn.com

"We work hard to find a loan structure that fits the customers' and bank's needs. We rarely just say no to a credit request. I like meeting with customers to hear their stories, ask questions and make decisions with our leadership team right here at Platinum. We are able to collaborate and provide customers with effective solutions that they may not have considered themselves or requested. That's the fun part of my job."

Steve Marchek brings solid career experience in credit analysis and commercial lending to Platinum Bank. He has analyzed customer financials for most of his career and attributes that experience to his ability to consider more than just the numbers, but also the character and unique circumstances of each credit request.

After working in large banking institutions, Steve wanted to get back to the one-on-one customer culture of a smaller bank. He was working as a commercial loan officer in St. Paul when he heard about the opportunity at Platinum. "It took me a while to decide because I had a good job and things were going well, but I liked the idea of participating in a ground-floor opportunity and I liked the level of energy among the founders."

Steve is responsible for building a healthy credit portfolio at Platinum by assessing the strengths and weaknesses of each potential transaction through his knowledge of the customer. He also must weigh the capacity of the bank to arrange credit in collaboration with other reputable institutions when necessary. "We have a good reputation within the industry."

In this consultative role for customers and the bank, Steve's role at Platinum is due diligence.

Experience

  • Oversight and management of Platinum Bank's retail and commercial credit portfolio since 2007.
  • Commercial audit, underwriting and credit analysis, and commercial lending experience at U.S. Bank, Wells Fargo, Mid-America Bank and Park Midway since 1992.

Education

  • MBA, Finance, University of St. Thomas, 2001
  • B.S. Economics, Saint John's University, 1992

Accomplishments and Community Involvement

  • Inner city, at-risk youth volunteer, board member and treasurer

Interests
Steve and his wife Teresa have three young children and enjoy lots of family time.

Equal Opportunity LenderMember FDIC
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