Insights

Diversified Services Alerus offers diversified financial services, including commercial and business banking, consumer banking, mortgage, wealth, and retirement services. This broad range of offerings presents opportunities to cross-sell multiple products to clients seeking comprehensive financial solutions.

Expansion Opportunity With offices in North Dakota, Minnesota, and Arizona, Alerus has a geographically varied presence. This geographic spread can be leveraged to target clients in different regions and expand market reach through localized sales strategies and region-specific product offerings.

Tech Integration Alerus utilizes a robust tech stack including Bloomberg, Google Maps, and Marketo, indicating a strong focus on technology. Leveraging advanced technology tools can enhance customer experience and present opportunities to showcase innovative solutions to tech-savvy clients.

Key Personnel Change Karin Taylor being appointed as Chief Operating Officer presents a potential opening to establish new business relationships. Engaging with leadership changes allows for introductions, discussions on evolving business strategies, and positioning company services to align with the new leadership's vision.

Competitive Analysis Given Alerus' financial performance and recent earnings reports, understanding and highlighting the company's competitive positioning in comparison to similar institutions like Bremer Bank, Bell Bank, and Gate City Bank can aid in identifying unique selling points and market differentiation strategies.

Alerus Tech Stack

Alerus uses 8 technology products and services including Bloomberg, Snowplow, Google Maps, and more. Explore Alerus's tech stack below.

  • Bloomberg
    Accounting And Finance
  • Snowplow
    Analytics
  • Google Maps
    Maps
  • Marketo
    Marketing Automation
  • Microsoft
    Miscellaneous
  • Java
    Programming Languages
  • Tealium
    Tag Management
  • Apache HTTP Server
    Web Servers

Media & News

Alerus's Email Address Formats

Alerus uses at least 1 format(s):
Alerus Email FormatsExamplePercentage
First.Last@alerus.comJohn.Doe@alerus.com
98%
FLast@alerus.comJDoe@alerus.com
1%
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 Ave. Grand Forks, ND 58201 US. The company has employees across 4 continents, including North AmericaEuropeAsia.

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.

How much revenue does Alerus generate?

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As of November 2024, Alerus's annual revenue reached $750M.

What is Alerus's NAICS code?

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Alerus's NAICS code is 522110 - Commercial Banking.

How many employees does Alerus have currently?

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As of November 2024, Alerus has approximately 806 employees across 4 continents, including North AmericaEuropeAsia. Key team members include Chief Executive Officer: A. B.Chief Risk Officer (cro): J. B.Chief Investment Officer: S. S.. 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 BloombergSnowplowGoogle MapsMarketoMicrosoftJavaTealiumApache HTTP Server.

What is Alerus's email format?

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Alerus's email format typically follows the pattern of . Find more Alerus email formats with LeadIQ.

When was Alerus founded?

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Alerus was founded in 1879.
Alerus

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, 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.

Preferred SBA 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 Ave. Grand Forks, ND 58201 US
Website
alerus.com
Stock Symbol
ALRS
NAICS Code
522110 - Commercial Banking
Founded
1879
Employees
501-1000

Section iconFunding & Financials

  • $100M$1B

    Alerus's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $100M$1B

    Alerus's revenue is in the range of $100M$1B

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