Alerus Financial Corporation, a leading financial services provider, announced today that its subsidiary, Alerus Financial, National Association, is expanding into new markets to offer its comprehensive range of banking, retirement and benefit services, wealth management, and mortgage offerings. The company, which has been in operation since 1879, provides a wide array of deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit. Additionally, it offers treasury management products, such as electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides lending products for both consumers and businesses, including commercial loans, business term loans, lines of credit, and consumer lending products like residential first mortgage loans, installment loans and lines of credit, and second mortgage loans. Furthermore, Alerus Financial Corporation offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. The company provides all of its services throughout the United States and operates offices in Michigan, Minnesota, Colorado, North Dakota, and Arizona. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. The company is headquartered in Grand Forks, North Dakota.
Alerus Financial's ticker is ALRS
The company's shares trade on the NASDAQ stock exchange
They are based in Grand Forks, North Dakota
There are 501-1000 employees working at Alerus Financial
It is alerus.com
Alerus Financial is in the Financial sector
Alerus Financial is in the Regional - Northeast Banks industry
The following five companies are Alerus Financial's industry peers: