025, David Reiling, Sunrise Banks | Empowering Underserved Communities

025, David Reiling, Sunrise Banks | Empowering Underserved Communities

According to Sunrise Banks’ CEO David Reiling, “The culture of Sunrise Banks is all about mission and innovation.” If you pull his statement apart, you’ll notice three components: culture, mission and innovation. These are the magic ingredients that have allowed Sunrise Banks to be recognized as a “Best for the World” company.

Sunrise Banks has been recognized on many levels for their purpose-driven innovation. They are a certified Benefit Corporation (BCorp). Their parent company was one of the first Minnesota Public Benefit Corporations. And, they are a certified Community Development Financial Institution (CDFI), one of only 100 banks in the US.

They focus on underserved communities. More than 60% of Sunrise Banks’ loans are in low to moderate income communities every year. On the other side of the equation, they provide a socially responsible deposit fund. They also have innovative programs for the unbanked and for people who traditionally would be trapped by predatory loan practices.

Resources:

Also Mentioned in this Episode:

About the Author
Tony Loyd is a TEDx speaker, podcast host and the author of Crazy Good Advice: 10 Lessons Learned from 150 Leading Social Entrepreneurs. He is a former Fortune 500 executive with extensive experience in strategic planning, talent management, and leadership development. Tony is the host of the podcast Social Entrepreneur where you can hear the stories of changemakers who are making an impact on the world.

1 comment on “025, David Reiling, Sunrise Banks | Empowering Underserved Communities

What do you think? Tell me here.

This site uses Akismet to reduce spam. Learn how your comment data is processed.