Platinum Federal Credit Union
BankingGeorgia, United States51-200 Employees
Platinum Federal Credit Union is a not-for-profit financial cooperative based in Duluth, Georgia. Established in 1999 to serve the Shia Ismaili community, it operates as a member-owned institution that emphasizes reinvesting profits into member services, aiming to offer competitive loan rates and savings returns. The organization positions itself within the banking industry as a community-focused credit union providing accessible credit and financial services to its members, with growth in membership and assets noted as indications of its expanding reach. The organization identifies its purpose as financially elevating the community, and its services are designed to meet the financial needs of its members through a cooperative model rather than traditional for-profit banking. A recent development mentioned involves a partnership with Jack Henry Banking to support its growth and financial health initiatives, reflecting ongoing modernization of its member services. The credit union serves individuals affiliated with the Shia Ismaili community and operates with a regional footprint centered in Duluth, Georgia, serving a broader membership as it expands.