Alerus Financial Corporation is a diversified financial services company headquartered in Grand Forks, North Dakota. Established in 1879, the institution began as one of the earliest banks in the Dakota Territory and has since evolved into a full-service provider of banking, retirement, and wealth management solutions. Alerus offers a broad range of products, including personal and business banking, mortgage lending, investment advisory, and retirement plan administration. The company also provides fiduciary services, financial planning, and health benefits administration, serving individuals, businesses, and institutional clients across multiple states. Alerus operates through a network of branch locations and digital platforms, emphasizing integrated financial solutions tailored to client needs. The firm is publicly traded on NASDAQ under the ticker symbol ALRS and manages billions in assets, including retirement plans for thousands of participants nationwide. Its long-standing presence and comprehensive service offerings position Alerus as a key player in the regional financial services market.
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