Insights

Strong Market Position Alerus has established itself as a diversified financial services provider with robust growth indicated by recent stock gains and high valuation metrics, making it an attractive partner for innovative financial technology solutions.

Client-Centric Approach The company's focus on holistic advice and exceptional service to clients across retirement, wealth, and banking segments suggests opportunities for tailored digital solutions that enhance customer experience and operational efficiency.

Technology Adoption Alerus uses advanced tech stacks including Temenos, Bloomberg, Angular, and Ruby on Rails, indicating openness to integrated financial software and system upgrades that can streamline their core banking and wealth management functions.

Growth Prospects Recent earnings milestones and positive earnings revisions highlight a momentum that could be supported by strategic investments in fintech partnerships, product innovation, and expanded digital banking capabilities.

Competitive Advantage As a preferred employer and recognized community-oriented bank with long-standing roots and ESOP ownership structure, Alerus values aligned partnerships that can enhance employee engagement and support scalable, socially responsible financial solutions.

Alerus Tech Stack

Alerus uses 8 technology products and services including Temenos, Bloomberg, Cherwell, and more. Explore Alerus's tech stack below.

  • Temenos
    Accounting And Finance
  • Bloomberg
    Accounting And Finance
  • Cherwell
    IT Service Management
  • Angular
    Javascript Frameworks
  • styled-components
    Javascript Frameworks
  • C#
    Programming Languages
  • Google
    Search Engines
  • Ruby on Rails
    Web Frameworks

Media & News

Alerus's Email Address Formats

Alerus uses at least 1 format(s):
Alerus Email FormatsExamplePercentage
First.Last@alerus.comJohn.Doe@alerus.com
97%
FLast@alerus.comJDoe@alerus.com
2%
Last.First@alerus.comDoe.John@alerus.com
1%

Frequently Asked Questions

Where is Alerus's headquarters located?

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Alerus's main headquarters is located at 401 Demers Avenue Grand Forks, North Dakota 58201 United States. The company has employees across 2 continents, including North AmericaEurope.

What is Alerus's stock symbol?

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Alerus is a publicly traded company; the company's stock symbol is ALRS.

What is Alerus's official website and social media links?

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Alerus's official website is alerus.com and has social profiles on LinkedIn.

What is Alerus's SIC code NAICS code?

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Alerus's SIC code is 6029 - Commercial Banks, Not Elsewhere Classified NAICS code is 52 - Finance and Insurance.

How many employees does Alerus have currently?

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As of April 2026, Alerus has approximately 982 employees across 2 continents, including North AmericaEurope. Key team members include Chief Risk Officer (cro): J. B.Chief Investment Officer: S. S.Chief Compliance Officer: B. U.. Explore Alerus's employee directory with LeadIQ.

What industry does Alerus belong to?

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Alerus operates in the Financial Services industry.

What technology does Alerus use?

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Alerus's tech stack includes TemenosBloombergCherwellAngularstyled-componentsC#GoogleRuby on Rails.

What is Alerus's email format?

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Alerus's email format typically follows the pattern of First.Last@alerus.com. Find more Alerus email formats with LeadIQ.

When was Alerus founded?

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Alerus was founded in 1879.

Alerus

Financial ServicesNorth Dakota, United States501-1000 Employees

Alerus (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider. We deliver diversified financial services including commercial and business banking, consumer banking, mortgage, wealth, and retirement and benefits.

With thousands of commercial and consumer clients across our footprint, our experienced team serves a wide range of needs and industries. Our banking and wealth offices are in Grand Forks and Fargo, North Dakota, the Minneapolis-St. Paul, Minnesota metropolitan area, Rochester, Minnesota; the southern Minnesota area; Marshalltown, Iowa; Pewaukee, Wisconsin; and Phoenix and Scottsdale, Arizona. Our retirement and benefits team serves advisors, brokers, employers, and plan participants across the United States. 

Our purpose to help our clients achieve theirs. Our core values — Passion for Excellence, Success is Never Final, Do the Right Thing, One Alerus — guide our mission to deliver holistic advice and exceptional service to our clients to help them achieve their financial goals.

Through our employee stock ownership plan (ESOP), our team members are also company owners and have a vested interest in our clients’ success. With roots tracing back to 1879, we are a highly diversified company with a long-tenured history and commitment to serving our communities. We consistently receive recognition as a great place to work and do business, and we continuously strive to be a preferred employer and business partner.

SBA Preferred Lender
Member FDIC
Equal Housing Lender
Equal Opportunity Employer
Investment products are not FDIC insured, not guaranteed, and may lose value

Section iconCompany Overview

Headquarters
401 Demers Avenue Grand Forks, North Dakota 58201 United States
Website
alerus.com
SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
Stock Symbol
ALRS
NAICS Code
52 - Finance and Insurance
Founded
1879
Employees
501-1000

Section iconFunding & Financials

  • $100M$250M

    Alerus's revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $100M$250M

    Alerus's revenue is estimated to be in the range of $100M$250M

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