David Reiling on Redefining Social Responsibility In The Financial Industry
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.
Thank You!
Armin Tahmasbi | Encapsulate
I’m a young entrepreneur and a Ph.D. candidate in Biomedical Engineering program at the University of Connecticut, working on “Drug Delivery Systems, Self-Assembled Nanoparticles & Microfluidic Devices”, in Storrs, CT, US. I’m working in Self-Assembled Functional Nanomaterials Laboratory, under the supervision of Prof. Mu-Ping Nieh on “Drug Delivery Systems for cancer therapy”. We’re developing a universal platform for encapsulating and smart delivery of a wide range of drug molecules and
Spencer Jones | Lineus Medical
Spencer worked for 3 years in direct patient care as a Certified Nursing Assistant, Licensed Practical Nurse, and as a Registered Nurse. Frustrated with the inefficiencies plaguing the healthcare system, he was determined to play a role in improving the delivery of healthcare. In 2014, Spencer won the annual ARK Challenge, an Arkansas based business accelerator. The product he developed was a dual lumen peripheral IV called the BVAD, which focuses on painless and uncontaminated blood draws.
Adeel Malik | CEO of Clearstep
While studying finance and neurobiology in undergrad, Adeel spent his time doing neuro-immunology research at the Johns Hopkins Hospital, contributing to several academic publications. After undergrad, Adeel was a strategy & analytics consultant with Accenture for several years where he worked with some of the largest institutions in healthcare across pharma, health tech, health systems, and retail clinics. Adeel’s skills in healthcare analytics, operations, sales, and his breadth of experience
Yael Katz | How BrainCheck is Democratizing Cognitive Health
Dr. Yael Katz is the co founder and CEO of Braincheck, a healthcare technology company focused on making cognitive health assessments more accessible. Prior to co founding Braincheck, Yael was VP of ecommerce at JW Player and a post doctoral research fellows at Princeton University. She received a Ph.D in in Biological Sciences focusing on Computational and Experimental Neuroscience from Northwestern University.Alan What brought you to co founding Braincheck? Yael If a person has a concern that