PLATINUM BANK
OAKDALE, MINNESOTA · FDIC Cert #58511
Capital & Safety Analysis
According to FDIC financial data, PLATINUM BANK holds a Tier 1 capital ratio of 11.02%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PLATINUM BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
PLATINUM BANK shows strong financial health indicators. With $625M in assets and a Health Score of 65/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
PLATINUM BANK has a Bank Health Score of B (65/100). It holds a Tier 1 capital ratio of 11.02%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
PLATINUM BANK holds $625M in total assets and $508M in total deposits. It is located in OAKDALE, MINNESOTA (FDIC Certificate #58511).
PLATINUM BANK has a Tier 1 capital ratio of 11.02%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.43%, and the return on assets is 1.69%.
Yes. PLATINUM BANK is FDIC-insured (Certificate #58511). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.