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Posts Categorized: Banking

How Amazon is Transforming Money

Hypothetical Amazon App

Disclaimer: This article was originally featured on MoneyInc.com, you can read the original posting here: http://moneyinc.com/how-amazon-is-transforming-money/ You may have heard that Amazon has been in talks with JPMorgan Chase about the possibility of an Amazon-branded checking account. No doubt, Amazon is looking to streamline their customer relationship with a built-in payment system, so customers won’t have… Read more »

A Snapshot of the New Markets Tax Credit Program

Sunrise Banks New Markets Tax Credit Program

We’ve taken some time to sit down with Michael Morrell, New Markets Tax Credit Loan Officer at Sunrise Banks, to discuss the ins and outs of the New Markets Tax Credit Program. What is the New Markets Tax Credit program? Morrell: New Markets Tax Credits are federal income tax credits used to encourage private investment… Read more »

A Revolution in Small Dollar Lending

A Revolution in Small Dollar Lending

Recently, David Reiling, Sunrise Banks CEO, was published by Ford Foundation and wrote about a revolution in small dollar lending.  Below is an excerpt of the blog.  You may read the blog in its entirety here. As the CEO of a community development financial institution (CFDI) that serves low-income and working class households, I’m often… Read more »

Banking to Benefit Society

Banking to Benefit Society

Sunrise Banks would like to offer a big congratulations to our fellow Certified B Corporation™, Virginia Community Capital (VCC), on recently becoming the first regulated bank in the United States to become a Benefit Corporation under Virginia state statutes. VCC originally set on the path to becoming a Benefit Corporation after Sunrise became the first… Read more »

Are We Over Processed?

Are We Over Processed?

This is the question that has been running through my mind all week.  I was invited to a breakfast event earlier this week to hear a Minnesota writer, Patrick Mader, discuss his book: Minnesota Gold.  Patrick isn’t your typical writer; he is a retired teacher, as well as a sports enthusiast, or what I might… Read more »

Sunrise Employee Highlight #5: Tucker C

Huge Confidence Boost

The Employee Highlight is back! We’re giving you a direct look at the people who make Sunrise so great every day. You’ll get a look into their interests, their personality and also why they love working at Sunrise. This week’s feature is Tucker C! What do you do at Sunrise? I am the Social Media… Read more »

Sunrise at the NEXT Awards

Sunrise at the NEXT Awards

Last week, Sunrise Banks and Community Development Financial Institutions (CDFIs) from across the U.S. converged in Detroit to celebrate industry leaders and share best practices and new ideas.  Over 1,200 practitioners, funders, investors, and policy makers attended the conference focused on the CDFI industry.  During the conference, three organizations were honored with the Wells Fargo… Read more »

Sunrise Employee Highlight #3: Duwan J

Sunrise Employee Highlight #3: Duwan J

With the Employee Highlight we’re giving you a direct look at the people who make Sunrise so great every day. You’ll get a look into their interests, their personality and also why they love working at Sunrise. This week’s feature is Duwan J! What do you do at Sunrise? I am a teller at the… Read more »

Connections and Directions

Huge Confidence Boost

This past Monday, all of our branches were closed for a federal holiday but we were still hard at work. It was Connections and Directions, our yearly all staff conference where we talk about new developments and have a bit of fun. After an exciting entrance with the U of M marching band, the “pep… Read more »

Watching Your Spending? There’s an App for That

Watching Your Spending? There's an App for That

Today, apps are used to track nearly everything, from how much we walk in a day to our electricity usage. But monitoring our spending in real-time hasn’t been so easy. What if you could see your finances and spending in real time? What if every time you spent money, you could see how and where… Read more »