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Alerus Financial Corp

5QD:DEU

Alerus Financial Corp

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About the company

Alerus Financial Corporation is a diversified financial services company. Through its subsidiary, Alerus Financial, National Association (the Bank), the Company provides financial solutions to businesses and consumers. The Company's segments include Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. The Banking segment offers a complete line of loan, deposit, cash management, and treasury services. The Retirement and Benefit Services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping, and administration; and investment fiduciary services to retirement plans, among others. The Wealth Management segment provides advisory and planning services, investment management, and trust and fiduciary services. The Mortgage segment offers first and second mortgage loans through a centralized mortgage unit in Minneapolis, Minnesota, as well as through the banking office locations.

  • Revenue in USD (TTM)176.11m
  • Net income in USD9.96m
  • Incorporated2000
  • Employees709.00
  • Location
    Alerus Financial Corp401 Demers AveGRAND FORKS 58201-4574United StatesUSA
  • Phone+1 (701) 795-3200
  • Fax+1 (302) 655-5049
  • Websitehttps://www.alerus.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		ALRS:NAQ since
announced		Transaction
value
Touchstone Bankshares IncAnnounced26 Mar 202426 Mar 2024Announced-7.93%47.00m
Data delayed at least 15 minutes, as of May 17 2024 21:00 BST.
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