Insights

Diverse Client Base Alerus serves a wide range of commercial, consumer, and retirement clients across the United States, presenting opportunities to tailor financial solutions for various industries and sector-specific needs.

Strong Regional Presence With offices in multiple key markets including North Dakota, Minnesota, Wisconsin, and Arizona, Alerus offers localized service to regional businesses and communities, ideal for targeted regional banking and wealth management solutions.

Financial Stability & Growth The company's recent dividend increase and positive sector performance comparisons suggest financial health and growth momentum, creating a favorable climate for new product offerings and expansion initiatives.

Technology Adoption Alerus employs modern banking and analytics technology stacks such as Temenos, Bloomberg, and Angular, indicating openness to innovative solutions that could enhance customer experience and operational efficiency.

Market Position & Opportunities Recognition as a moderate buy with strong analyst outlooks and a competitive rating against peers shows an expanding market presence, providing opportunities to engage prospective clients seeking trusted financial partners.

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 May 2026, Alerus has approximately 995 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 help individuals, businesses, and advisors move toward their financial goals with banking, mortgage, wealth management, retirement, and benefits services.

We serve thousands of clients across the country through our banking, wealth, and retirement teams. Our offices support clients throughout North Dakota, Minnesota, Iowa, Wisconsin, and Arizona, and our retirement and benefits professionals work with advisors, brokers, employers, and plan participants nationwide.

Our purpose is simple: to help our clients achieve theirs.
Our core values — Passion for Excellence, Success Is Never Final, Do the Right Thing, and One Alerus — guide how we work and the experience we strive to deliver.

We are an employee-owned company through our ESOP, giving our team members a direct stake in our clients’ success. With roots dating back to 1879, we are committed to stability, partnership, and service in the communities we serve.

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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