Protecting Yourself from Check Fraud

By Ashley Cooper | June 17, 2019

Checks – yes, those paper things you can cash for money – might be out of vogue, but they’ve yet to become extinct. And while the check is still alive, so is check fraud. There were more than 27,000 reports of foreign money offers and counterfeit check scams in 2018, according to the Federal Trade… Read more »

Grounds For Success: Skip Fay and Chris Eilers’ 23-year Partnership at Dunn Brothers Serves as a Lesson in Successful Entrepreneurship

By Jake Schild | June 3, 2019

When Skip Fay and Chris Eilers were looking for capital to open a franchised Dunn Brothers Coffee shop on 34th and Hennepin in 1994, they told investors the location was going to be smoke-free. And in the early ‘90s, a non-smoking coffee shop in Minneapolis was an anomaly. Minnesota’s state law that prohibits lighting up… Read more »

Looking to Buy a House? Consider These Four Things First

By Jake Schild | May 29, 2019

You’ve been thinking about it for a while, and you’re finally ready to take the first step in buying a home: planning. Before you’ve picked out a house, and long before anything has been signed, it’s important to start thinking about what you want in a home, how much you can afford and how mortgage… Read more »

From Turn-of-the-century Factory to Modern-day Business Park: Highlight Center Acts as Cultural and Professional Hub in Northeast Minneapolis

By Jake Schild | May 28, 2019

The brick building at 807 Broadway Street in Northeast Minneapolis has been a fixture in the Logan Park Neighborhood for more than a century. Built in 1913, the property was originally a lightbulb factory for Mazda before being purchased by Minneapolis Public Schools in 1930. School administrators and staff moved into the building in 1948… Read more »

Emerge 2019: Three Days of Innovation, Plus a Name Change, in Scottsdale

By Jake Schild | May 20, 2019

Does the name Financial Health Network ring a bell? Probably not, unless you were at last week’s Emerge conference in Scottsdale. But that’s likely to change soon. Jennifer Tescher announced during the event that her organization, formerly known as the Center for Financial Services Innovation, will now be known as the Financial Health Network. Tescher,… Read more »

You Suspect You’re a Victim of Fraud or Identity Theft. Now What?

By Jake Schild | May 8, 2019

The Federal Trade Commission (FTC) received 1.4 million reports of fraud in 2018, totaling nearly $1.5 billion in money lost. That’s in addition to the roughly 444,000 consumer reports of suspected identify theft last year. The number of fraud and identity theft reports to the FTC has more than doubled over the past decade. Protecting… Read more »

Sunrise Spring Business Breakfast Focuses on Staying True to Your Brand

By Jake Schild | May 3, 2019

What’s your passion? And how do you incorporate it into your brand? If you can’t answer these questions, Roshini Rajkumar wants to talk to you. Rajkumar, host of News and Views with Roshini Rajkumar on WCCO radio, was the keynote speaker at Thursday’s semi-annual business breakfast hosted by Sunrise Banks. The event attracted leaders from… Read more »

Too Good to be True: Three Tips to Avoid Telemarketing Scams

By Ashley Cooper | April 24, 2019

In today’s hyper-digital world, it may come as a surprise that fraudulent telemarketers are still in business. Unfortunately, it shouldn’t. Over-the-phone scams costs victims thousands of dollars each year, according to the Federal Trade Commission. Scammers don’t discriminate based on age, either – Forbes reports that Millennials are often victims of fraud. Phone scams usually… Read more »

Small Business Loans 101: A Quick Lesson on SBA Lending

By Ashley Cooper | April 20, 2019

Small business is a big deal. Small businesses account for 99.9 percent of all companies in the United States, according to the Small Business Administration (SBA), and represent more than 47 percent of private sector employees in the U.S. In 2018, small businesses created almost 70 percent of new jobs in the country, too. But… Read more »

Mortgage 101: Debunking the 20 Percent Down Payment Myth

By Ashley Cooper | April 17, 2019

If you’re new to the home-buying process, there’s a lot to learn. Terms like amortization, acceleration clause and contingencies could just as well be spoken in a completely different language. And escrow. What the heck is escrow?! Inexperience aside, potential homebuyers likely also have their own notions of homeownership and its prerequisites. And, unfortunately, they… Read more »

International Women’s Day: Six Sunrise Employees Talk Gender Equity, Women’s History Month and the Women They Admire

By Ashley Cooper | March 8, 2019

March is Women’s History Month, and today, March 8, marks International Women’s Day. Both occasions represent a time to celebrate the pivotal, and too often overlooked, role women have played throughout our history in the United States and around the world. To celebrate International Women’s day, we talked to six Sunrise Banks women to get… Read more »

What to Know Before Opening the Door to the Mortgage Loan Process

By Ashley Cooper | March 7, 2019

Becoming a homeowner is an exciting rite of passage. But buying a house is also a complicated process that includes reams of paperwork, legal jargon and a formidable test of one’s financial stability. Before taking the first steps into their new home, buyers need to go through the loan approval process to make sure they… Read more »