Sunrise Banks
US · West St Paul, MN · OCC (national bank); FDIC (insured)
Sunrise Banks is a Bank based in US (West St Paul, MN), regulated by OCC (national bank); FDIC (insured). The institution operates an active Banking-as-a-Service program.
Sunrise Banks supports the following products and services: Accounts, Payments, Lending. The bank serves customers across US.
- Products Supported
- AccountsPaymentsLending
- Geographies Served
- US
- Charter / Regulator
- OCC (national bank); FDIC (insured)
None confirmed active
Fintech partnership portfolio; BaaS-style partnerships combining bank trust/money movement with technology reach.
Sunrise Banks Joins The BaaS Association to Advance Standards
Sunrise Banks joined The BaaS Association on March 21, 2023, to support education, compliance, and standards for Banking-as-a-Service. The bank emphasizes serving underbanked communities through its fintech partnerships. Jason Hagan, SVP director of fintech innovation, highlighted the association's value for fintech-minded banks. The move aligns with broader BaaS ecosystem growth among U.S. sponsor banks.
Sunrise Banks Highlights Successful Fintech Partnership Model
Sunrise Banks publicly detailed its successful BaaS-style partnerships with fintechs including TrueConnect and Self Lender. The community bank emphasized how it provides regulated banking infrastructure while fintechs deliver user-facing platforms. This represented an early articulation of the sponsor bank model gaining traction in 2019.