A Glance at Impact Multiplied

This is the 2014 Corporate Social Responsibility report for Sunrise Banks. At Sunrise, we use a do good approach to our business model. Sunrise Banks is more than a bank; we create strong relationships and look for multiple ways to make an impact. It’s quite simple: believe in the power of business as a force for good and your impact will be multiplied. Join in the conversation and #BtheChange with Sunrise Banks.
16 Pins
·
9y
By
Sunrise Banks
,
Callie Koeniger
,
David Reiling
and 2 others
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Sunrise Banks is the most innovative bank empowering the underserved to achieve. Sunrise seeks to radically change the way urban communities and underserved people thrive by empowering them to achieve their aspirations
the poster for nonprofit donation receipts in 2014, with money symbols on it
Sunrise Banks | Socially Responsible Community Bank & B Corp
Driving community change takes a large group of people and businesses working together to succeed. Every year, Sunrise Banks donates to a host of community organizations to help support positive change.
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As the first certified B Corp in Minnesota, Sunrise strives to use business as a force for good to solve social and environmental problems. All B Corps must meet rigorous standards of social and environmental performance, accountability, and transparency.
a poster with the words people based products and an image of a person's head
Sunrise Banks | Socially Responsible Community Bank & B Corp
Sunrise Banks is focused on helping people. Through TrueConnect, we offer people an alternative to payday loans, while our prepaid cards give the underbanked opportunities to succeed.
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Sunrise Banks | Socially Responsible Community Bank & B Corp
Sunrise continues to be a member of the Global Alliance for Banking on Values. GABV is a network of the world’s leading sustainable banks that use finance to deliver sustainable development for underserved people, communities, and the environment.
an orange and blue poster with the words branches on it
Sunrise Banks | Socially Responsible Community Bank & B Corp
To help make sure banking is available to the underserved, all seven Sunrise Banks branches are accessible by public transportation, and 71% of branches are located in low-and moderate-income areas, the very neighborhoods we seek to serve.
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Sunrise Banks | Socially Responsible Community Bank & B Corp
In 2014, Sunrise received an “Outstanding” rating on our Community Reinvestment Act (CRA) regulator examination, demonstrating our dedication to meeting the credit needs of our entire community, including low-and-moderate-income neighborhoods.
an info graphic showing the percentage of employees
2014 CSR Report - Employees
Not only are Sunrise Banks employees dedicated to empowering the underserved, they are a diverse group, a third of which live in the low-and moderate-income communities that we serve.
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2014 CSR REPORT - AWARDS - Sunrise Banks
Throughout 2014, Sunrise was honored with a number of awards for our dedication to community development: Progress MN Honoree for driving economic growth in innovative ways; Minnesota Bankers Association Community Champion for making a positive difference; and Best for the World honoree for scoring in the top ten percent of all B Corps in overall and community impact.
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Sunrise Banks | Socially Responsible Community Bank & B Corp
Sunrise Banks achieves our mission to empower the underserved through products located in the Twin Cities of Minneapolis and Saint Paul, MN. Our full suite of products is specifically designed to meet the needs of our business and personal customers.
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Sunrise Banks | Socially Responsible Community Bank & B Corp
Through community partnerships, Sunrise staff facilitated financial literacy training to 160 individuals throughout 2014. Sunrise Banks also continues to offer Financial Choice, a financial counseling and budgeting service through Lutheran Social Services, to all of its customers and employees for free.
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Sunrise Banks | Socially Responsible Community Bank & B Corp
Sunrise was awarded with a $38 Million New Markets Tax Credit allocation by the Community Development Financial Institution Fund to spur new or increased investments into low-income communities. Two projects, Twin Cities Public Television and Seward Community Co-op, have received funds from our allocation to spur investment in severely distressed Twin Cities communities.
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Sunrise’s Socially Responsible Deposit Fund (SRDF) allows any deposit account to be used for positive change in our community. SRDF funds are leveraged to make loans that benefit our community, such as affordable housing development, non-profit organizations, and small business lending.
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Philanthropy and social impact are driving forces behind Sunrise Banks. In 2014, employees at every level of the company joined in to create positive change across the community. Whether it be a food drive, or proceeds from our coffee shop program called Park Perks, Sunrise and Sunrise staff use business to make a difference.