Alerus Financial Overview

  • Service
  • Commercial Bank
  • Founded
  • 1878
Founded
  • Financed Companies
  • 15
  • Financings
  • 14
  • Serviced Investors
  • 1

Alerus Financial General Information

Description

Alerus Financial is a commercial banking institution headquartered in Grand Forks, North Dakota. The bank provides banking products and services to individuals, families, and businesses. It primarily offers mortgage, loans, retirement, checking, deposit, online and mobile banking services. Additionally, Alerus provides wealth management, investment and cash management services.

Contact Information

Website
www.alerus.com
Formerly Known As
First National Bank North Dakota, First National Bank in Grand Forks, Bank of Grand Forks
Year Founded
1878
Service Provider Type
Commercial Bank
Primary Office
  • 401 Demers Avenue
  • Grand Forks, ND 58201
  • United States
+1 (701) 000-0000

Alerus Financial Financings

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Y Scouts Mar 2021 00000 0000000
000 0000000000000 Jun 2020 00000 0000000
0 000000 Apr 2020 00000 0000000
0000000000 0000000 Apr 2020 00000 0000000
00 00000000 Apr 2020 00000 0000000
000000 00000000 Feb 2017 00000 0000000
0000000 000000 000 Feb 2016 00000 0000000
000 00000 00000000 Sep 2014 00000 0000000
Summit Pharmacy Dec 2012 00000 0000000
Clinical Supplies Management Aug 2009 00000 0000000
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Alerus Financial Co-Lenders (3)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
FF Fisher Sales & Leasing Lender Fargo, ND 1
0000000 0000000 Lender Fargo, ND 0
00000000 Lender Irvin, TX 0
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Alerus Financial Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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Alerus Financial Team (17)

Name Title Related Financings Office Contact
Info
Randy Newman Chief Executive Officer & Chairman 0 Grand Forks, ND
Dean Friesen Team Lead - Relationship Manager & Market President - West Metro Grand Forks, ND
Katie Lorenson Chief Financial Officer, Finance & Chief Accounting Officer, Accounting Grand Forks, ND
Deborah Lange Chief Credit Officer Grand Forks, ND
Jon Hendry Senior Vice President & Chief Information Officer Grand Forks, ND
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Alerus Financial Board Members (4)

Name Representing Role Since
Galen Vetter Alerus Financial Board Member 000 0000
Michael Mathews Self Board Member 000 0000
Randy Newman Alerus Financial Chief Executive Officer & Chairman 000 0000
Sally Smith Self Board Member 000 0000
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Alerus Financial Subsidiaries (2)

Company Name Industry Location Founded
Alerus Retirement and Benefits Other Services (B2C Non-Financial) Albert Lea, MN 1993
0000000000 0000000 Other Commercial Services Littleton, CO 0000
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