CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Alerus Financial Corp is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Alerus Financial Corp
401 Demers Ave
Phone: (701) 795-3200p:701 795-3200 GRAND FORKS, ND  58201-4574  United States Ticker: ALRSALRS
Business Summary
Alerus Financial Corporation is a commercial wealth bank and national retirement services provider. Through its subsidiary, Alerus Financial, National Association, it provides financial solutions to businesses and consumers. It operates in three segments. The Banking segment offers a complete line of loans, deposits, cash management, mortgage loans, and treasury services. The Retirement and Benefit Services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping, and administration; and investment fiduciary services to retirement plans, among others. The Wealth Management segment provides advisory and planning services, investment management, and trust and fiduciary services. It operates over 29 banking and wealth offices, with locations in Grand Forks, North Dakota; the Minneapolis-St. Paul, Minnesota metropolitan area; Rochester, Minnesota; southern Minnesota, Marshalltown, Iowa, and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023YesYes---

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Daniel E.Coughlin 61 5/10/2022 1/1/2016
President, Chief Executive Officer, Director Katie A.Lorenson 43 1/1/2022 12/1/2017
Chief Financial Officer, Executive Vice President Alan A.Villalon 50 1/1/2024 2/1/2022
9 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
MPB BHC Inc 4686 E. Van Buren Street, Suite 150 PHOENIX AZ United States
Retirement Planning Services, Inc. 4 W Dry Creek Circle Littleton CO United States
Kasson State Bank (NKA Kasson Branch) 203 West Main St. Kasson MN United States
5 additional Subsidiary records available in full report.

Business Names
Business Name
Alerus Appraisals Corporation
Alerus Financial Insurance Services Corporation
Alerus Financial, N.A.
17 additional Business Names available in full report.

General Information
Number of Employees: 709 (As of 12/31/2023)
Outstanding Shares: 25,371,195 (As of 10/9/2024)
Shareholders: 227
Stock Exchange: NASD
Federal Tax Id: 450375407
Fax Number: (302) 655-5049


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Wednesday, November 20, 2024