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Ethical Banking

Net Zero Financing

Kickstart your sustainable projects with Net Zero Financing

Sunrise Banks offers net zero financing for commercial projects that reduce or avoid carbon emissions – including installing energy efficient upgrades to your existing commercial property.

Eligible loans may include but are not limited to projects including:

    Energy Reduction and Efficiency Updates such as insulation and HVAC

    Renewable Energy such as solar, geothermal, and wind

    Green buildings that meet national or international standards

    Clean Transportation such as electric or hybrid vehicles and infrastructure

    C-PACE (a state-led program available to Minnesota-based organizations)

Criteria for Net Zero Projects are third-party certified based on The Green Bond Principles. Off Site Link

Why choose Net Zero Financing?

Net zero financing can qualify you for a lower interest rate.

Ready to get started or not sure if your project qualifies?

Contact us below or reach out to Andy Carlson, Commercial Loan Officer, at andy.carlson@sunrisebanks.com Off Site Link to learn more.

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Featured Projects

Bringing Sustainability to a Historic St. Paul Building

Pioneering a carbon-neutral construction project has challenges, including financing. The historic Brown-Jaspers Building at 2441 University Ave W., now 2441 Arts, features sustainable design enabled by Net Zero Banking.

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Firefly: A Neighborhood Approach to Net Zero Living

Architect Adam Bradley Jonas and developer Jay Rajaratnam specialize in net zero buildings, tackling unique challenges. Today, on Grand Avenue in South Minneapolis, stands Firefly—their first fully sustainable apartment building, financed by the Sunrise Banks Net Zero Banking Program.

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Addressing Climate Change with Minnesota’s first Multi-Family Passive House

Sunrise Banks is proud to fund construction of one of Minnesota’s first Passive House certified multi-family buildings. This project, Solstice Apartments, is a building with 23 low-carbon footprint apartments in the heart of northeast Minneapolis.

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Other Ethical Banking Options

Net Zero Deposits

Did you know there may be carbon emissions associated with your bank account? Big banks in the U.S. lend as much as 20-30% of their portfolio to carbon-intensive sectors driving climate change.

As a Sunrise Banks customer, you can choose to direct your organization’s checking account, savings account, or certificate of deposit to a specific fund that is allocated by the bank to net zero financing projects.

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Community Impact Deposits

Community Impact Deposits turn a Sunrise Banks account into a meaningful way to drive local community development. You choose to designate your deposits to projects like affordable housing, community services, and small businesses.

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