Sunrise Banks is the Most Innovative Bank Empowering Financial Wellness. As a member of the Global Alliance for Banking on Values (GABV) and a top performing B Corporation, Sunrise Banks strives to balance purpose and profit. Sunrise Banks is also the first Community Development Financial Institution (CDFI) in Minnesota, which ensures at least 60% of their loan portfolio is in low-to-moderate income areas. In 2022, Sunrise Banks released their first Partnership for Carbon Accounting Financials (PCAF) report, which calculates their estimated carbon emissions and helps them move towards their net-zero commitment.
Sunrise Banks’ products focus on supporting their community, such as the Pathway2Home℠ ITIN Mortgage Program, which allows immigrants to use an ITIN number to purchase homes and build generational wealth. Another community-focused product is the Impact Deposit Fund, which funds affordable housing, community development, and small businesses in the Twin Cities area. Other initiatives include New Markets Tax Credits and credit-builder loans, with more in the making.
More information about Sunrise Banks can be found at sunrisebanks.com.