Alerus (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider. We help individuals, businesses, and advisors move toward their financial goals with banking, mortgage, wealth management, retirement, and benefits services. We serve thousands of clients across the country through our banking, wealth, and retirement teams. Our offices support clients throughout North Dakota, Minnesota, Iowa, Wisconsin, and Arizona, and our retirement and benefits professionals work with advisors, brokers, employers, and plan participants nationwide. Our purpose is simple: to help our clients achieve theirs. Our core values — Passion for Excellence, Success Is Never Final, Do the Right Thing, and One Alerus — guide how we work and the experience we strive to deliver. We are an employee-owned company through our ESOP, giving our team members a direct stake in our clients’ success. With roots dating back to 1879, we are committed to stability, partnership, and service in the communities we serve. SBA Preferred Lender Member FDIC Equal Housing Lender Equal Opportunity Employer Investment products are not FDIC insured, not guaranteed, and may lose value.
Looking for a particular Alerus employee's phone or email?
The Alerus annual revenue was $226.2 million in 2026.
Dan Coughlin is the Chairman of the Board of Alerus.
628 people are employed at Alerus.
Alerus is based in Grand Forks, North Dakota.
The NAICS codes for Alerus are [522, 52, 5223].
The SIC codes for Alerus are [60, 6021, 602].