Alerus

Alerus, a publicly traded company (Nasdaq: ALRS), is a commercial wealth bank and national retirement services provider headquartered in Grand Forks, North Dakota. Employing over 805 people, the company generates annual revenue of $226.2 million. Alerus offers a diverse range of financial services, catering to both commercial and consumer clients across the United States. The company's service portfolio encompasses commercial and business banking, consumer banking, mortgage lending, wealth management, and retirement and benefits planning. Alerus serves a broad spectrum of industries and client needs through its team of experienced professionals. Banking and wealth management offices are strategically located in Grand Forks and Fargo, North Dakota, as well as the Minneapolis-St. Paul, Minnesota metropolitan area, and Phoenix and Scottsdale, Arizona. Their retirement and benefits team provides nationwide support to advisors, brokers, employers, and plan participants. A key differentiator for Alerus is its employee stock ownership plan (ESOP), which grants employees ownership stakes in the company. This structure fosters a sense of shared purpose and aligns employee interests with client success. Alerus also emphasizes its commitment to community involvement and corporate social responsibility. For questions or inquiries, please visit Alerus' website at alerus.com.