| Market Capitalization (Millions $) |
845 |
| Shares
Outstanding (Millions) |
26 |
| Employees |
864 |
| Revenues (TTM) (Millions $) |
237 |
| Net Income (TTM) (Millions $) |
27 |
| Cash Flow (TTM) (Millions $) |
46 |
| Capital Exp. (TTM) (Millions $) |
9 |
Business Description
Alerus Financial Corporation is a full-service financial institution established in 1879 and headquartered in Grand Forks, North Dakota. The bank has a total asset base of $2.6 billion and operates 18 locations in Minnesota, North Dakota, and Arizona. It offers a wide range of personal and business banking services, including checking accounts, savings accounts, loans, mortgages, wealth management, investment and retirement planning, online banking, and mobile banking.
Alerus Financial has a strong focus on serving the needs of its customers, whether they are individuals or businesses. The bank is known for its commitment to personalized service, and it works to build long-term relationships with its clients. Its employees are trained to provide expert financial advice and support to help customers succeed in their financial goals.
The bank has a solid reputation for its corporate social responsibility efforts. Alerus Financial actively supports the communities where it operates, contributing to local non-profits and charitable organizations. It is a significant supporter of education, arts and culture, health and human services, and economic development initiatives.
In recent years, Alerus Financial has made significant investments in modernizing its banking technologies, including online and mobile banking platforms, online bill pay, and electronic statements. It has also invested in its physical brick and mortar locations, with modernized branches and convenient 24-hour ATMs.
Alerus Financial is regulated and insured by the Federal Deposit Insurance Corporation (FDIC), and its primary mission is to provide financial stability, security, and peace of mind to its customers. Overall, Alerus Financial Corporation is a reputable, stable, and customer-focused financial institution with a strong track record of success in the banking industry.
Company Address: 401 Demers Avenue Grand Forks 58201 ND
Company Phone Number: 795‑3200 Stock Exchange / Ticker: NASDAQ ALRS
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