Nicole Langerud

Nicole Langerud

Fiduciary Services Director


Nicole Langerud is a director for Alerus’ ESOP trust and fiduciary services practice group, where she focuses on ongoing and transactional ESOP engagements.

Nicole joined Alerus in 1996 and began working with ESOPs in 1999. Since then, she has held various positions within Alerus’ wealth management and retirement divisions. After gaining vast ESOP experience through plan administration, trust administration, and ESOP client relationship management, she transitioned to the fiduciary services practice in July 2017. Her knowledge, insight and expertise related to both the administrative and fiduciary aspects of ESOPs are valuable assets for Alerus and its ESOP clients.

As fiduciary services director, Nicole plays a lead role in the management of ongoing ESOP relationships, participates in business development, and participates in all aspects of ESOP transactions. She has served as a member of Alerus’ ESOP committee since its inception in 2007.

Nicole holds bachelor’s degrees in business administration and political science from Concordia College in Moorhead, Minnesota. She frequently attends and speaks at local and national ESOP Association and NCEO conferences and seminars.

Nicole, her husband Jesse, and their three children reside in East Grand Forks, Minnesota.