Sunrise Banks

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Sunrise Banks Sustainability Actions

Certified B Corp and CDFI

As a certified B Corp, Community Development Financial Institution (CDFI) and a member of the Global Alliance for Banking on Values, Sunrise Banks does banking differently. As a certified CDFI—and the first CDFI bank in Minnesota and South Dakota—at least 60% of Sunrise Banks loans are made in low-to-moderate income communities. In 2025, 62% of our loans were made in low-to-moderate income communities.

Participated in NMTC since 2011

Sunrise Banks has participated in the federal NMTC program since 2011. To date, it has funded 92 projects and helped to create or retain over 7,600 jobs in low-to-moderate income communities in Minnesota. In 2025 alone, Sunrise Banks deployed its New Markets Tax Credit allocation into 8 projects, which included rehabbing or constructing nearly 200,000 square feet of real estate.

Invested in affordable housing

In 2025, Sunrise Banks invested $334,000 in two affordable housing projects through the Minnesota State Housing Tax Credit. Leijona is a 33-unit mixed-income building that will help address the severe housing shortage in Duluth. The Heights is a Habitat for Humanity project in St. Paul with nearly 150 affordable units available for low-to-moderate income first-time homebuyers.

Launched Net Zero Deposits

Net Zero Deposits were first launched in 2024. Customers can designate deposits from their Checking, Savings or CD accounts to net zero projects, and in 2025 customers designated an additional $3 million to Net Zero Deposits, a 40% growth in the program since 2024.

Expanded ESG data work

Evan Wacker joined Sunrise Banks in January as an Environmental, Social and Governance (ESG) Data Analyst. He said he will expand the bank’s work with the Partnership for Carbon Accounting Financials (PCAF) methodology to properly assess the impact of its business on climate change both from business dealings and physical locations.

Launched debit card rewards

In 2025, Sunrise Banks launched three new debit card with rewards partnerships: United Airlines, Southwest Airlines and Wyndham Hotels & Resorts. As the issuer of debit cards with rewards for each of these brands, Sunrise Banks said it is able to further its mission of giving everyone the opportunity to achieve financial health.

Supported Self Credit Builder

As a longtime partner of Self Financial, Inc., Sunrise Banks provides support for their small Credit Builder accounts. These accounts give individuals with no or low credit the opportunity to build or rebuild their payment history without opening a credit card account. In 2025, Sunrise Banks helped originate over 363,830 Self Credit Builder loans for a total of $326,938,440.

Disbursed BeneMoney loans

In 2025, the TrueConnect loan product that Sunrise Banks acquired in 2024 rebranded to BeneMoney. The program allows employees to access short-term small loans through their employer without a credit check, helping them avoid predatory payday lenders and supporting their financial well-being.

What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

About Sunrise Banks

  • Status
  • Unverified
  • Employees
  • 100 - 500
  • Country
  • United States
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