Alerus

Alerus

Financial Services

Grand Forks, ND 6,501 followers

Banking :: Wealth :: Retirement

About us

Alerus (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider. We deliver diversified financial services including commercial and business banking, consumer banking, mortgage, wealth, and retirement and benefits. With thousands of commercial and consumer clients across our footprint, our experienced team serves a wide range of needs and industries. Our banking and wealth offices are in Grand Forks and Fargo, North Dakota, the Minneapolis-St. Paul, Minnesota metropolitan area, and Phoenix and Scottsdale, Arizona. Our retirement and benefits team serves advisors, brokers, employers, and plan participants across the United States. Our purpose to help our clients achieve theirs. Our core values — Passion for Excellence, Success is Never Final, Do the Right Thing, One Alerus — guide our mission to deliver holistic advice and exceptional service to our clients to help them achieve their financial goals. Through our employee stock ownership plan (ESOP), our team members are also company owners and have a vested interest in our clients’ success. With roots tracing back to 1879, we are a highly diversified company with a long-tenured history and commitment to serving our communities. We consistently receive recognition as a great place to work and do business, and we continuously strive to be a preferred employer and business partner. Preferred SBA Lender Member FDIC Equal Housing Lender Equal Opportunity Employer Investment products are not FDIC insured, not guaranteed, and may lose value.

Website
https://www.alerus.com/
Industry
Financial Services
Company size
501-1,000 employees
Headquarters
Grand Forks, ND
Type
Public Company
Founded
1879
Specialties
Mortgage Lending, Retirement Plans (401k, profit sharing, ESOP), Investment Services, Trust and Estate Planning, Wealth Management, HSA/FSA/HRA, Securities, Commercial Banking, SBA Lending, Treasury Management, Private Banking, Commercial Bank, Business Bank, CRE Lending, HOA and Property Management Solutions, and Government and Nonprofit Solutions

Locations

Employees at Alerus

Updates

  • Alerus reposted this

    View profile for Katie Peterson, graphic

    Senior Commercial Real Estate Advisor

    Proud to help Leon Capital Group reach this milestone by financing their $41.5 million multifamily development in Gilbert, AZ. This will fill a much needed demand for housing in the area. A huge shoutout to my Alerus team for the dedication, quick response and overall expertise to see this to the finish line.

    View organization page for Leon Capital Group, graphic

    7,763 followers

    Leon Capital Group is pleased to announce a significant milestone for our multifamily subsidiary, Leon Multifamily, which recently secured $134 million in construction financing for three development projects in Dallas-Fort Worth, Phoenix and Raleigh-Durham—representing 842 total units—all within a 30-day timeframe. “We are proud of our team’s ability not only to successfully finance these projects, but also to do so on an impressive timeline. While many real estate investors are adopting a cautious approach through 2025, we are embracing our proactive and contrarian strategy,” said David Cocanougher, President of Leon Multifamily. Blake Schroeder, Executive Managing Director of Leon Multifamily, added: “By building now – at more competitive costs – and delivering into a tighter supply environment, we are positioning Leon Multifamily for future rent growth, while distinguishing our business as one of the few players adding new supply to the market.” Read the full press release here: https://lnkd.in/gkP_vK6v #LeonMultifamily #RealEstate #InvestmentManagement

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  • Meet us at The Lex! Our newest full-service banking location in the Twin Cities is now open for clients. 📍The Lex - 4100 Lexington Ave. N., Suite 400, Shoreview, MN 🕘🕓Teller line: 9 a.m. - 4 p.m., M-F See you soon!

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  • Visit us in downtown Rochester! Easy to find in the newly named Alerus building, our new downtown Rochester office is conveniently located in the skyway, next to the Mayo Clinic. We look forward to welcoming you to this beautiful office! 📍155 1st Ave. SW, Suite 200, Rochester, MN 🕐 7:30 a.m. - 3:30 p.m., M-F (or by appointment)

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  • Happy Thanksgiving from everyone at Alerus! Our offices will be closed Thanksgiving Day so our employees may celebrate the holiday. However, our online banking and mobile apps are always available to help manage your account. We will resume regular business hours on Friday, November 29.

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  • View organization page for Alerus, graphic

    6,501 followers

    It was our honor to support Firefighters For Healing and the work they do for burn survivors and their families at the annual Red Tie Gala! Thank you for the incredible service and support you provide burn victims and their families while they recover.

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  • Alerus reposted this

    View profile for Alan Villalon, graphic

    Chief Financial Officer at Alerus

    My incredible Alerus teammates and I had the opportunity to spend an impactful day volunteering with Twin Cities Habitat for Humanity - rain or shine! It's amazing how much we accomplished in challenging weather. From laying sod to interior painting, our crew did it all with bright and warm spirits, knowing the difference it will make for a deserving family. Thank you to Nikki Sorum and your family for sponsoring this house. #Alerus #OneAlerus

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