B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems.
©Copyright 2012 B Lab. All rights reservedAbout Sunrise Community Banks
Sunrise Community Banks is in the business of developing strong communities that provide homes and jobs to their residents. To be the leader in improving their urban community, they consistently invest in meaningful projects within inner-city neighborhoods. These historic communities are essential to the success of larger communities.
We were introduced to B Corp by someone we trust. We agreed that being certified and a part of this community gives us an opportunity to exercise our leadership not only in the Twin Cities but across the country. We're excited about the possibilities for us and to have a bigger impact on policy.
Sunrise banks on people - just like you - by investing in your goals. They deliver sound financial strategies for success and work closely with state and federal assistance programs to finance your dreams. Each of their banks has success stories to share. They take pride in your success. They know that they cannot be successful unless their community is successful.
The Change We Seek®
Social responsibility is our duty.
Each of the Sunrise banks offer a Socially Responsible Deposit Fund that allows you to actively support local community development. You get the satisfaction of knowing your dollars are being put to work in Saint Paul and Minneapolis neighborhoods. Through the administration of these Funds, Sunrise supports affordable housing initiatives, small business development, and not-for-profits.
Sunrise Community Banks
- Industry: Credit Provider
- Product/Services: Banking
- Location: Saint Paul, MN
- http://www.sunrisebanks.com
Summary:
Certified: June 2009| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 14.6 | 78% |
| Employees » | 36.6 | 71% |
| Consumers » | 41.3 | 84% |
| Community » | 30.1 | 49% |
| Environment » | 9 | 48% |
| Composite B Score | 131.6 |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentEnvironment: >51% of office supplies come from recycled materials; >50% of facilities located near public transit; >10% of carbon inventory offset; >5% of energy comes from renewable sources
Employees: All employees paid a living wage; >50% of individual/family health insurance premiums covered; 6+ weeks maternity leave
Community: >50% ownership in same community as 2/3 of workforce; >40% expenditures directed toward local suppliers; >50% local customers; >25% suppliers from low-income communities; >2600 hours community service donated; >50% employees are women; >50% employees take time off for community service; >5% net profits given to charitable organizations
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