Deposit products offered by Alerus Financial, N.A. Member FDIC.
The Alerus mobile app is free to download. Your carrier’s standard message and data rates may apply.
Free ATM access on all MoneyPass® ATMs nationwide. Additionally, two free non-Alerus, nonMoneyPass ATM transactions per month. ATM rebates only apply to ATM transactions in the U.S. for consumer checking customers, and are only applicable to surcharges less than $5
Not all locations offer Instant Issue cards.
Only available with Alerus Checking, not Interest Checking
A $5 monthly reward will be paid each month if: 1) a direct deposit is made and 2) at least 12 debit card transactions are processed.
A qualifying direct deposit is a direct deposit of your salary, pension, Social Security, or other regular monthly income electronically deposited to your account by your employer or an outside agency. Transfers from one account to another, or deposits made at a banking location or ATM, do not qualify as direct deposits.
Monthly rewards will be reported as interest on IRS form 1099-INT if the rewards exceed $10 annually. Account holder is responsible for any applicable taxes.