Four things for you to know in light of the recent financial disruption:
- Sunrise is well capitalized with ample liquidity to meet our customer's liquidity needs.
- As a reaction to Silicon Valley Bank failure last week, the Federal Reserve in coordination with the U.S. Treasury took steps to provide all banks access to additional liquidity so depositors can be confident they can access their money.
- If you would like to see Sunrise Banks financial data Off Site Link, it is publicly available.
- If you seek additional deposit insurance beyond the FDIC $250K, Sunrise has tools to help you. Contact your banker for more information at (651) 265-5600.