David Reiling on Redefining Social Responsibility In The Financial Industry

Redefining Social Responsibility In The Financial Industry: Our Conversation With David Reiling

Recently, on Alan Olsen’s American Dreams show, David and Alan talked about redefining social responsibility in the financial industry.

See David’s Recent Interview with Alan Olsen: https://www.youtube.com/watch?v=ztdtPfH9RAk&t=2s

David’s background

David Reiling is an accomplished social entrepreneur and innovator in the field of community development finance and financial inclusion.

He has been the Chief Executive Officer of Sunrise Banks since 1995, and since then, he has successfully transformed Sunrise Banks into a leading player in the industry, becoming the first Minnesota-based bank to be certified as a Community Development Financial Institution (CDFI) and a legal Benefit Corporation.

Interview addressing redefining social responsibility in the financial industry.

In this interview, David shares his journey of redefining social responsibility in the financial industry, from his early experiences to the present day challenges facing Sunrise Banks.

He discusses how Sunrise Banks has been able to create an innovative approach to client service and address social and environmental issues while remaining competitive in the financial sector.

He also offers insight into Sunrise Banks’ unique approach to responsible banking, which has enabled them to become a leader in their field.

David’s passion for social responsibility and innovative solutions is inspiring, and his story serves as an example of how we can create positive change by using technology and data-driven approaches. He has shown that with the right vision and leadership, it is possible to redefine what’s possible in the financial industry.

 

Social and Environmental Impact Meets Financial Institutions

David Reiling is a leader in the financial industry who has used banking to make meaningful contributions to social and environmental impact. As CEO of Sunrise Banks, he has been instrumental in transforming the bank into a Community Development Financial Institution (CDFI) and Benefit Corporation.

Through these initiatives, Sunrise Banks has provided capital to underserved markets, such as small business and affordable housing, while also addressing environmental issues such as energy efficiency.

David has also used innovation to develop unique banking products that help clients save money and make better financial decisions.

In 2013, he launched the Financial Wellness program at Sunrise Banks, a first-of-its-kind offering that provides customers with access to personalized budgeting, financial education, and access to low-cost products.

In addition, Sunrise Banks is at the forefront of using technology to provide services more efficiently and cost effectively.

Values Based Banks

Sunrise Banks has become a leader in values-based banking, a new type of financial institution that puts social and environmental impact ahead of profits. At Sunrise, David leads the charge by focusing on mission-driven investments and socially responsible banking practices.

He believes that banks should strive to be good corporate citizens by investing in their local communities and demonstrating a commitment to environmental sustainability.

Through its innovative tactics, Sunrise Banks has been able to make a positive impact while remaining financially profitable. David has shown that it is possible to create a successful business model based on social responsibility and environmental stewardship.

He believes that this approach will become more prevalent in the banking industry over time as financial institutions increasingly recognize their role in creating a better future.

To view more content like this, click here to subscribe to our YouTube channel

And click here to receive our FREE Newsletter.

Sponsored by:

Thank You!

Posted in

Cost-Sharing Arrangements – Appeals Court Rules Against Xilinx

Cost-Sharing Arrangements – Appeals Court Rules Against Xilinx Taxpayer loses the Xilinx Case (click this link to see the complete Ninth Circuit Court of Appeals Decision of 5/27/09) in the Court of Appeal on May 27, 2009.Subject to further appeal to the Supreme Court (which almost never happens with tax related cases), the tax benefits of…

5 Steps to Great Time Management

5 Steps to Great Time Management By Yihan Lin: Before you learn how to manage the resources of an organization, you must first be learning time management skills for your own life.Time management skills are founded on this principle: If you don’t manage your own life, no one else will. Therefore it is essential that…

IRS Notice 2009-62 Issued 8/7/09

IRS Notice 2009-62 Issued 8/7/09

IRS Notice 2009-62 Issued 8/7/09 The due date for reporting the existence of Offshore Bank Accounts on Treasury Department Form TD F 90-22.1 has been an issue of great confusion in the last few months. Form TD F 90-22.1 is known as Foreign Bank Account Reporting (AKA “FBAR”) For a complete review of this soap…

Income the IRS Can’t Touch

Income the IRS Can’t Touch There’s one readily available and legal source of untaxed income that we know of: municipal bonds. These securities are issued by state and local governments, school districts, hospitals and other public agencies to support community projects and services. To permit these worthy endeavors to raise money economically, Uncle Sam exempts…