SUNRISE BANKS
TYLER SEYDEL TITLE : CHIEF FINTECH OFFICER COMPANY : SUNRISE BANKS INDUSTRY : BANKING LOCATION : UNITED STATES
Tyler Seydel is the Chief Fintech Officer at Sunrise Banks . Tyler has spent 15 + years in the prepaid / national products space . In his tenure , he has worked in compliance , BSA , TPR and risk ; managed core as well as national products operations ; and led sales , business development , strategy and innovation .
Tyler earned an MBA , as well as his CRCM . Tyler is driven and competitive and spends time volunteering in the community through avenues such as Feed South Dakota . He is a new parent to a bubbly young boy and enjoys cigars in his fleeting free time .
EXECUTIVE BIO
While it ’ s easy to measure profits ( many fintechs will know the feeling of seeing them eroded by the rising cost of doing business ), how difficult is it to measure social impact ? “ You can measure it by way of some of our external manifestations ,” Seydel continues . These include being a certified B Corporation as well as a Community Development Financial Institution ( CDFI ), which means the US treasury recognises Sunrise Banks for providing financial services specifically to low-income , underserved communities and those most in need .
The bank is also a Global Alliance for Banking on Values ( GABV ) institution – a benchmark that holds it to various standards in the provision of economic , social and environmental development . Community-mindedness and sustainable value are so ingrained to the way Sunrise Banks operates that staff get 40 hours of paid volunteering time every year and , in 2022 alone , the business donated almost $ 9,000 to various good causes during Charitable Giving Week as a result of employees ’ own generosity .
“ Sunrise Banks is very forward and active in putting mission with margin ,” Seydel says . “ That way , we can do sustainable good for our communities and our other stakeholders .”
Fostering fintech collaboration Although Sunrise Banks is based around the Twin Cities Metro region , Seydel himself is based in Sioux Falls , South Dakota – where the business has a fintech partnership division . A graduate from Colorado Tech , he previously worked for Meta Payment Systems , where he says he faced an inflection point : choose to go down the client relationships and partnerships route , or pursue regulations instead .
www . sunrisebanks . com 7