GRAND FORKS, N.D. (Sept. 6, 2022) – Alerus is pleased to announce it has been named one of the 50 Best Places to Work by Prairie Business magazine. Companies are selected for this recognition based on employee nominations. Employees who submit nominations are asked to provide anonymous feedback on topics ranging from the company’s work…
MINNEAPOLIS (Sept. 1, 2022) – Alerus announced today it is eliminating non-sufficient funds fees and updating its overdraft program fees to benefit consumer and small business checking clients, effective September 1, 2022. In addition to ending non-sufficient funds fees, the amount an account can be overdrawn before incurring overdraft fees will increase from $5 to…
Grand Forks, N.D. – Altru Health Foundation received a $1 million commitment from Alerus to support Altru’s new hospital. The gift marks one of the institution’s largest gifts in its history and the first gift to be directed to the new hospital. “This is an investment in the long-term prosperity of our entire region,” said Chris Wolf,…
MINNEAPOLIS (Aug. 11, 2022) – As part of its commitment to provide plan sponsors and their trusted advisors with the tools and resources necessary to achieve holistic financial wellbeing, Alerus Retirement and Benefits is pleased to offer the availability of its Emergency Savings account product to retirement plan participants. Alerus Emergency Savings accounts provide a…
GRAND FORKS, N.D. (July 20, 2022) – Alerus Financial Corporation (Nasdaq: ALRS) (the “Company”) announced a number of changes to its executive leadership team as part of its ongoing management succession plan. Chief Shared Services Officer Ann McConn will retire on January 6, 2023. She will transition her responsibilities to Missy Keney as Chief Engagement…
GRAND FORKS, N.D. & PHOENIX, A.Z. (July 1, 2022) – Alerus Financial Corporation (“Alerus”) (NASDAQ: ALRS) announced today it has completed the previously announced acquisition of MPB BHC, Inc. (OTCPink: MPHX), the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank headquartered in Phoenix, with…