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Thrivent Bank

Thrivent Bank News

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Jun 2, 2025

• Thrivent Bank is a full-service digital bank. • Industrial Loan Company (ILC) charter is first approved since 2020; one of only 24 in operation in the U.S. MINNEAPOLIS [June 2, 2025] —...

About Thrivent Bank

Thrivent Bank is a full-suite digital bank focused on giving more people access to banking tools and guidance designed to help them meet their goals and establish their financial well-being.

The bank brings Thrivent’s 120-year legacy of trust to new bank clients. Thrivent believes money is a tool, not a goal—and this mindset informs every aspect of our bank experience, from product design and client experiences to the relationships we build.

At Thrivent Bank, we focus on thoughtful saving and responsible borrowing delivered through easily accessible digital tools and human guidance. We want to set a new standard in banking—infusing digital banking with trusted, purpose-based guidance and proving that banking can put purpose at the heart of every interaction.

Leadership

Brian Milton
President & CEO, Thrivent Bank

Milton oversees the teams responsible for bringing Thrivent’s approach to purpose-based advice to banking clients. He has overall accountability for the bank’s business strategy and results, and oversees teams responsible for strategy, risk management, operations, finance, technology, consumer and commercial banking, and community impact. 

Before joining Thrivent in 2021, Milton was head of retail banking for MUFG Union Bank, N.A and president of PurePoint Financial, their digital consumer bank that he helped launch.

Milton began his career in financial services with the audit practice of Deloitte and has held executive roles at Countrywide Bank and specialty mortgage lender and asset management firm, Private National Mortgage Acceptance Company (Pennymac). He earned dual bachelor’s degrees in accounting and finance from Northern Arizona University and holds both Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations. 

Active in his community, Milton has served as a board member of Junior Achievement and board member and president of Grant School Community Foundation, an organization dedicated to the protection of science and art programs for public schools. 

Media Contacts

Justin Herndon
Director, Public Relations
Justin.Herndon@thrivent.com
813-995-3847

Callie Briese
Director, Communications
Callie.Briese@thrivent.com
612-616-4086