Prairie Business Names Alerus Among 50 Best Places to Work

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…

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Alerus Ends Non-Sufficient Funds Fees for Consumers, Small Business Clients

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…

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Alerus Makes Emergency Savings Accounts Available for Retirement Plan Participants

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…

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Alerus Financial Corporation Announces Executive Leadership Changes

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…

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Alerus Completes Acquisition of Metro Phoenix Bank

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…

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