Sunrise Banks is a social engine for good, solving social and environmental problems and sparking community development. We work within the communities we serve through our volunteer efforts, partnerships and day-to-day work to provide financial solutions that help our community thrive. As a socially responsible bank, we help our community partners realize success through sustainable innovation.
2019 Sunrise Banks Impact Report
The bank accomplished a lot in 2019: We continued to support low-income consumers by providing access to convenient and affordable products and services; developed a novel affordable housing initiative that will preserve 600 units of affordable housing in the Twin Cities; and committed to lessening the carbon footprint of our loan and investment portfolio.
But those are just some of the highlights – 2019 was another incredibly successful year for the bank.
Most importantly, we were able to help empower financial wellness. We provided alternatives to payday loans and other predatory lending practices through our Fintech Partnerships Division, helped consumers establish stronger credit scores and provided financial literacy services to hundreds of local residents.
Our success relies on the success of the communities we serve. Sunrise Banks will continue to strive for positive change in all that it does in 2020 and beyond.
We are committed to volunteerism and give a minimum of 2% net income per year through corporate donations and sponsorships. We encourage employees to do the same with 40 hours of volunteer paid time off through activities such as our annual Charitable Giving Week, Pay It Forward program, coffee bar donations, donation drives, and Habitat for Humanity.
Twin Cities Town Hall: A Discussion About Racial Equity
Sunrise Banks hosted a virtual town hall on racial equity on Dec. 16, 2020, that featured local diversity and inclusion experts and thoughtful conversations on equality.
The event was moderated by Roshini Rajkumar and included panelists Michael Goh, University of Minnesota Vice President for Equity and Diversity; Pimento Jamaican Kitchen Owner Tomme Beevas; and Minnesota State Representative Athena Hollins, who is also senior director of diversity and foundations at the Minnesota Bar Association.
Watch the Recording Here