September 8, 2014
Sunrise Banks is pleased to announce that Nichol Beckstrand has expanded her current role as Chief Operating Officer to President & Chief Operating Officer of the Holding Company.
Sunrise Banks CEO, David Reiling, states, “This title change more accurately reflects Nichol’s oversight responsibilities of the functional areas of the enterprise. Her unique ability to run the day-to-day operations, manage regulators and navigate Sunrise Banks through change gives me complete confidence in her.”
In 2014 Beckstrand was honored as a 2014 Top Women in Finance by Finance & Commerce. In 2011 she was named on the Top 40 Under 40 list by the Minneapolis/St. Paul Business Journal. Beckstrand started her career at Larson Allen LLP, quickly demonstrated her leadership skills and became a Principal in 2004. In 2006, Nichol moved to Sunrise Banks taking the position of Chief Operating Officer. She is a graduate of the University of Minnesota – Carlson School of Management and a proud wife and mom of two children.
Frank Fuller will continue in his key role as President of the Bank as he continues to provide strong leadership and operational skills to Commercial Loans and Leases, Government Lending, Government Relations, Corporate Development, National Products and Relationship Banking.
About Sunrise Banks: Sunrise Banks, N.A., based in St. Paul, Minnesota, seeks to radically change the way urban communities and people thrive by empowering them to achieve financial wellness. Sunrise is certified by the U.S. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking on Values, a public benefit corporation and is a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact. Visit Sunrise Banks at SunriseBanks.com, on Twitter @SunriseBanks, or on Facebook. Member FDIC.