Mary Stoick joined St. Paul-based Sunrise Banks in 2017 after more than 12 years in commercial banking in the Twin Cities metro. Through her work with the federal New Markets Tax Credit program, she is helping increase the flow of capital to low-income communities.
Most recently, Stoick led deployment of a roughly $18 million loan pool that supports commercial development in low-income communities in the Twin Cities region. The loan pool’s investments are projected to create or retain 138 construction jobs and 435 permanent jobs, helping develop or renovate approximately 154,000 square feet of commercial property.