Family owned and run from Saint Paul, Sunrise Banks is certified as a Community Development Financial Institution and as a B Corporation, a rare pairing among banks with around two billion dollars in assets. Branches sit mainly in the urban core of Minneapolis and Saint Paul, and the bank has built its lending around businesses in those neighborhoods: SBA loans, commercial real estate, New Markets Tax Credit deals and lines of credit for firms that a scoring model would refuse outright.
Owners in the Twin Cities who want a banker who visits the site will get value here, particularly first generation and immigrant entrepreneurs. Outside Minnesota the case is weaker, since branch access disappears and the digital toolkit is competent rather than advanced. Deposit rates are respectable but not the highest available nationally.
Address: 2525 Wabash Avenue, Saint Paul, MN 55114
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