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Sunrise Banks Receives BEA Award Allocation from CDFI Fund

September 15, 2017

Sunrise Banks is honored to be one of a small number of certified Community Development Financial Institutions (CDFIs) that recently received a financial award CDFI Fund’s Bank Enterprise Award (BEA) program. This year, Sunrise Banks was awarded approximately $225,000. This funding enables Sunrise to expand its financial products and services that target local underserved communities and consumers across the nation.

The Bank Enterprise Award will help Sunrise continue to lend in underserved Twin Cities’ communities. As a certified CDFI for over fifteen years, Sunrise continues to be meaningfully engaged with their local community and underserved customers.

“We are honored to receive this award from the CDFI Fund. With this award, we will continue to innovate and provide people with fair access to the financial system” says David Reiling, Sunrise Banks CEO, “The BEA award will be targeted towards services that empower our local underserved communities.”


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.


 

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Becca Hoeft

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