No stored Google rating available.
Sunrise Banks is a certified B Corporation community bank operating in Minnesota and South Dakota, offering mortgages, savings products, credit building, and business banking with a focus on financial empowerment and social responsibility.
Data compiled from public sources
Sunrise Banks was founded in 1985 by David Reiling, a social entrepreneur focused on fintech innovation and sustainable economic growth. The bank operates with physical locations in Minneapolis, St. Paul, Minnesota, and Sioux Falls, South Dakota, positioning itself as a values-driven alternative to traditional banks.
The institution has grown to serve communities across multiple states while maintaining its core mission of financial wellness and ethical banking practices. 80% APY on 6-month CDs), home mortgages with down payment assistance, home equity lines of credit, credit builder loans, debit/ATM cards, credit cards, and digital banking services. For business customers, they provide business checking, savings accounts, treasury management, and customized cash flow solutions.
They also offer listed mortgage options including Net Zero Financing for energy-efficient properties and have reduced closing costs on HELOCs through June 2026 and mortgages through July 2026. Sunrise Banks distinguishes itself through multiple certifications and memberships that verify its ethical stance: certified B Corporation status, certified Community Development Financial Institution (CDFI) designation, and membership in the Global Alliance for Banking on Values. The bank explicitly markets itself as "socially responsible" and emphasizes community engagement, financial empowerment, and generational wealth building.
Their focus on accessibility includes credit builder products for those establishing credit history and down payment assistance programs for homebuyers with varying financial situations. As a traditional community bank, Sunrise Banks may have limited geographic reach compared to national banks, with operations concentrated in Minnesota and South Dakota. While their certifications and mission-driven approach appeal to values-conscious consumers, they operate as a full-service bank rather than specializing in any particular product category.
Customers should verify whether their specific location is served and whether product offerings match their needs, as community banks typically offer narrower product ranges than larger institutions.
This is state-level context for Banks consumers in Sioux Falls, SD. It does not confirm that Sunrise Banks, National Association or this specific location is licensed.
State regulator
South Dakota Division of Banking
Consumer protection
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Sunrise Banks, National Association processed 253 mortgage applications in 2023, with 90.1% recorded as approved across 3 states.
253
Applications
90.1%
Approval Rate
$345K
Avg Loan
3
States Served
Based on 253 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Sunrise Banks, National Association offers 13 services including Personal checking accounts, Personal savings accounts, Certificates of Deposit (CDs), Home mortgages with down payment assistance, Home Equity Lines of Credit (HELOCs), and 8 more.
Sunrise Banks, National Association has profile signals associated with Values-conscious consumers in Minnesota and South Dakota seeking ethical banking alternatives, Homebuyers looking for mortgage options with closing cost assistance and down payment support, Individuals building credit history who want a dedicated credit builder loan product, Small business owners needing community-focused banking relationships and treasury management services.
Key strengths: Certified B Corporation with verified ethical banking standards and CDFI designation; Competitive CD rates (3.80% APY on 6-month CDs with $500 minimum deposit); Mortgage closing cost assistance ($500 off through July 31, 2026) and down payment assistance programs. Areas to consider: Geographic limitation: only operates in Minneapolis, St. Paul, and Sioux Falls areas, not a national bank; Limited branch network compared to major national banks may restrict ATM and in-person service access.
In the Banks category, comparable providers include American Bank & Trust, Andes State Bank, Bankstar Financial. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
Sunrise Banks is profile signals for consumers in Minnesota and South Dakota who prioritize ethical banking, community impact, and financial empowerment alongside traditional banking services. The main caveat is geographic limitation—this is a regional community bank, not a national institution, so customers outside their service areas cannot access their products or branches.
Regional bank with locations across South Dakota offering personal banking, mortgages, business services, and wealth management through multiple service lines.
Profile signals: South Dakota-based small business owners seeking local relationship banking and agricultural lending, Homebuilders and construction borrowers needing listed construction loan products with local experience context
Andes State Bank is a traditional community bank offering checking, savings, loans, and digital banking services with local branch presence and personalized customer service.
Profile signals: Local community members seeking personalized banking relationships and branch access, Customers needing multiple loan products (auto, home, personal) from a single institution
BankStar Financial is a locally-owned community bank operating three branches in South Dakota (Brookings, Elkton, Volga) offering checking, savings, CDs, and cash management services.
Profile signals: South Dakota residents in Brookings, Elkton, or Volga areas seeking community bank relationships, Small business owners needing local banking with cash management services
Answer 3 quick questions to review category, service, and profile context.
1. What's your primary financial goal?
A plain-English breakdown of every credit score range — what each number actually means for your loans, cards, and daily life, plus exactly what to do about yours.
Read guide →A plain-English breakdown of what credit products, loans, and cards you can realistically get at every credit score level — from deep subprime to excellent.
Read guide →Learn exactly how to check your credit score for free using legitimate sources, understand the difference between soft and hard inquiries, and know your rights under federal law.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to Sunrise Banks, National Association and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.