Platinum Bank Salary

Platinum Bank Salary

How much does the Platinum Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Platinum Bank in the United States is $102,737. This translates to an approximate hourly wage of $49. Salaries at Platinum Bank typically range from $90,050 to $116,562 annually, reflecting the diverse roles and experience levels within the company. Platinum Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Platinum Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Platinum Bank. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Platinum Bank

Ready for your next career move? Explore current job openings at Platinum Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Platinum Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Platinum Bank’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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90k
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Average Salary ($/year)
Platinum Bank
Financial Services
ATM Johnson Bank
Hsbc Bank Canada Leasing
Industry Comparison
Our data shows that, on average, compensation at Platinum Bank is below the average for the U.S. Financial Services industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Platinum Bank average annual salary with several similar companies. Platinum Bank average salary of $102,737 is higher than ATM Johnson Bank, which has an average salary of $97,569. It is higher than Hsbc Bank Canada Leasing, with their average salary at $97,442. This places Platinum Bank in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Platinum Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Platinum Bank. Click a company name to learn more.

Employee Reviews: Working at Platinum Bank

Considering a career at Platinum Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Training on new software is readily available, making transitions smooth. Senior leaders are accessible and listen to feedback. It’s dependable, though it lacks the spontaneity or challenge that some might be looking for. There’s a lot of attention to detail, and people care about doing things right.
Commented in May 07, 2025
38
1
Workflow is consistent, and reporting lines are clearly defined. Feedback loops are strong, and leadership prioritizes both performance and staff well-being. The company size means your voice is heard. However, innovation employee suggestions aren’t always implemented. The work is meaningful, helping clients achieve important financial goals. Flexible scheduling and remote work options demonstrate...
Commented in August 15, 2024
48
1
Privacy isn't sacrificed for convenience. Compliance training is thorough but engaging. The culture is formal and cautious, favoring routine over rapid innovation or change. I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and dedicated to providing exceptional service to our clients.
Commented in January 26, 2024
32
1

Platinum Bank Overview

Website
www.platinumbankmn.com
Founded In
2007
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
7667 10th St N Oakdale Minnesota MN 55128
Revenue
$10 Million - $50 Million
Phone Number
+1 6513325200
Social Media
About Platinum Bank
Founded in 2007, Platinum Bank is a premiere Twin Cities business bank headquartered in Oakdale, Minnesota. The bank has total assets of $425 million and serves clients throughout the Minneapolis-St. Paul Metro and Western Wisconsin. Platinum Bank is an SBA Preferred Lender and offers commercial products including lines of credit, construction loans, real estate financing, and equipment finance.

What Benefits Does Platinum Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Platinum Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Platinum Bank.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Platinum Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Platinum Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Platinum Bank

1. How much does a Platinum Bank employee make?

Platinum Bank pays its employees an average of $102,737 per year. The average salary at Platinum Bank range from $90,050 to $116,562 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Platinum Bank?

The salary at Platinum Bank is higher than the similar company. The average annual salary at Platinum Bank is $102,737, or an hourly wage of $49, in comparison to ATM Johnson Bank which pays $97,569 per year or $47 per hour.

3. How much does a Chief Executive Officer typically earn at Platinum Bank?

A Chief Executive Officer at Platinum Bank typically earns an average annual base salary of around $795,279, with a general range of $606,487 to $1,005,655.

4. Do employees with advanced degrees (Master's, PhD) earn more at Platinum Bank?

In many roles at Platinum Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Saint Paul affect the perceived value of a Platinum Bank salary?

Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). This significantly impacts the purchasing power of a salary from Platinum Bank based there. Our "Cost of Living Insights for Saint Paul" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Platinum Bank typically offer employees?

Platinum Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Platinum Bank" section on this page.

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