Alerus Financial

Alerus Financial Corporation, headquartered in Grand Forks, North Dakota, is a comprehensive financial services provider serving individuals and businesses across the United States. The company operates through four main segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. Alerus offers a variety of deposit products, including checking accounts, savings accounts, and certificates of deposit, alongside treasury management services such as cash management and merchant services. It provides commercial and consumer lending options, including business loans, residential mortgages, and lines of credit. Additionally, Alerus specializes in retirement plan administration, investment advisory services, and wealth management, which encompass financial planning and trust services. The company also facilitates online banking and mobile banking solutions, along with various credit and debit card options. Established in 1879 and previously known as First National Bank North Dakota, Alerus Financial rebranded in 2000 to reflect its diverse range of financial offerings.