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Brian Tordsen Named First Division President of BeneMoney

Sioux Falls-based financial platform BeneMoney has appointed Brian Tordsen as its inaugural Division President. Tasked with scaling the subsidiary of Sunrise Banks, Tordsen will oversee strategic expansion and brand development for the firm’s no-credit-check employee loan program, which aims to provide a sustainable alternative to predatory payday lending.

Bio & NewsJuly 21, 20261,577 reads0

Tordsen arrives at BeneMoney following a tenure as Director of Marine Development at Vern Eide Marine. His transition marks a return to the Sunrise Banks ecosystem, where he previously served in executive leadership roles for seven years, including as Director of Fintech Operations. This prior experience with the organization’s internal structure is expected to play a critical role as he builds out the current leadership team and identifies new market opportunities.

BeneMoney operates as a financial wellness benefit, offering employees emergency funds repaid via automatic payroll deductions. By bypassing traditional credit checks, the company seeks to mitigate the reliance on high-interest credit cards and 401(k) withdrawals. Tyler Seydel, Chief Fintech Officer at Sunrise Banks, noted that Tordsen’s mandate involves steering the program toward long-term growth while maintaining its commitment to responsible lending practices. Tordsen will focus on strengthening the program’s reach and ensuring that the platform remains a viable tool for workforce financial stability.

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