June 19, 2018

As of June 15, 2018, David Reiling is interim Sunrise Banks President; Nichol Beckstrand stepped down from her role as President for personal reasons.

Nichol led as Sunrise Banks’ President since 2014 and started as Chief Operating Officer in 2006. She managed efforts including the 2013 charter consolidation, developed relationships with community partners, and managed all aspects of the holding company.

Reiling started Sunrise in a neighborhood made up of immigrant businesses and low-income households with the intent to make sure that their families, businesses and the community thrive. Over the years, Sunrise Banks has brought their dedication of being a social engine for good to a national scale, empowering financial wellness across communities by building their strategic national partnerships with prepaid program managers and fintechs.

“It’s an exciting time at Sunrise, as we build for the future as the most innovative bank empowering financial wellness,”said CEO David Reiling.

About Sunrise Banks: Sunrise Banks, N.A., based in St. Paul, Minnesota, strives to be the most innovative bank empowering 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 a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact. Learn more at SunriseBanks.com, on Twitter @SunriseBanks, or on Facebook. Member FDIC.