← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Alerus Financial
-5.64%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebCompany at a Glance
Overview
Alerus Financial is a financial services company based in North Dakota, United States. They offer a range of financial services, including banking, wealth management, mortgage, retirement planning, and employee benefits. The company was founded in 1933 and has since expanded to multiple locations in North Dakota, Minnesota, and Arizona.
Alerus Financial prides itself on being a community-oriented company, providing personalized services to individuals, businesses, and institutions. Their mission is to help their clients achieve financial security and success through effective planning and management.
Alerus Financial offers a variety of checking and savings accounts, credit cards, and loans for personal and business needs. They also provide investment and insurance services, including retirement planning and 401(k) management.
The company is committed to giving back to the communities they serve and has various philanthropic initiatives, including a charitable foundation and community grant programs. Alerus Financial is also known for its strong corporate culture and commitment to diversity and inclusion. They have received multiple awards and recognition for their workplace practices and employee satisfaction.
In summary, Alerus Financial is a trusted financial institution that offers a wide range of services, values community involvement, and prioritizes the well-being of its clients and employees.
Alerus Financial prides itself on being a community-oriented company, providing personalized services to individuals, businesses, and institutions. Their mission is to help their clients achieve financial security and success through effective planning and management.
Alerus Financial offers a variety of checking and savings accounts, credit cards, and loans for personal and business needs. They also provide investment and insurance services, including retirement planning and 401(k) management.
The company is committed to giving back to the communities they serve and has various philanthropic initiatives, including a charitable foundation and community grant programs. Alerus Financial is also known for its strong corporate culture and commitment to diversity and inclusion. They have received multiple awards and recognition for their workplace practices and employee satisfaction.
In summary, Alerus Financial is a trusted financial institution that offers a wide range of services, values community involvement, and prioritizes the well-being of its clients and employees.
What is special about the company?
1. Strong community presence: Alerus Financial has a strong presence in the communities it serves, making it a trusted and familiar financial institution for its customers.
2. Full-service financial institution: Alerus Financial offers a wide range of financial services including banking, wealth management, mortgage lending, and retirement planning, making it a one-stop-shop for its customers' financial needs.
3. Employee-owned company: Alerus Financial is an employee-owned company, which means that its employees have a direct stake in the company's success and are motivated to provide excellent service to its customers.
4. Personalized approach: The company takes a personalized approach to each of its customers, understanding their unique financial goals and needs and providing tailored solutions to help them achieve success.
5. Innovative technology: Alerus Financial leverages technology to provide its customers with convenient and efficient banking services, such as mobile banking and online account management.
6. Strong financial performance: Alerus Financial has consistently demonstrated strong financial performance, with steady growth and profitability, giving its customers confidence in the stability and security of their financial institution.
7. Commitment to diversity and inclusion: Alerus Financial is committed to diversity and inclusion, both in its workforce and in the communities it serves, promoting a culture of inclusivity and equality.
8. Award-winning customer service: The company has been recognized for its exceptional customer service, winning numerous awards and accolades from industry organizations and publications.
9. Social responsibility: Alerus Financial is dedicated to giving back to the communities it serves through various philanthropic initiatives and volunteer efforts.
10. Experienced leadership: The company is led by a team of experienced and knowledgeable leaders who have a deep understanding of the financial industry and a strong commitment to the company's values and mission.
2. Full-service financial institution: Alerus Financial offers a wide range of financial services including banking, wealth management, mortgage lending, and retirement planning, making it a one-stop-shop for its customers' financial needs.
3. Employee-owned company: Alerus Financial is an employee-owned company, which means that its employees have a direct stake in the company's success and are motivated to provide excellent service to its customers.
4. Personalized approach: The company takes a personalized approach to each of its customers, understanding their unique financial goals and needs and providing tailored solutions to help them achieve success.
5. Innovative technology: Alerus Financial leverages technology to provide its customers with convenient and efficient banking services, such as mobile banking and online account management.
6. Strong financial performance: Alerus Financial has consistently demonstrated strong financial performance, with steady growth and profitability, giving its customers confidence in the stability and security of their financial institution.
7. Commitment to diversity and inclusion: Alerus Financial is committed to diversity and inclusion, both in its workforce and in the communities it serves, promoting a culture of inclusivity and equality.
8. Award-winning customer service: The company has been recognized for its exceptional customer service, winning numerous awards and accolades from industry organizations and publications.
9. Social responsibility: Alerus Financial is dedicated to giving back to the communities it serves through various philanthropic initiatives and volunteer efforts.
10. Experienced leadership: The company is led by a team of experienced and knowledgeable leaders who have a deep understanding of the financial industry and a strong commitment to the company's values and mission.
What the company's business model?
The Alerus Financial company is a diversified financial services company that provides a variety of financial products and services to individuals and businesses. Its business model is based on offering comprehensive financial solutions to meet the needs of its customers, including banking, wealth management, retirement planning, mortgage, and commercial lending services. The company operates through a network of branches, online and mobile banking platforms, and financial advisors, delivering personalized and innovative solutions to its clients. Alerus Financial's business model also includes a focus on building strong relationships with its customers and being a trusted partner for their financial needs. Additionally, the company has a strong commitment to community involvement and social responsibility.
Interesting facts about the company
1. Alerus Financial was founded in 1933 as the First National Bank of Grand Forks.
2. It was originally a small community bank serving the local area in Grand Forks, North Dakota.
3. The bank was rebranded as Alerus Financial in 2000, reflecting its expanded services and geographical reach.
4. Alerus Financial is a publicly traded company on the Nasdaq stock exchange, with the ticker symbol ALRS.
5. The company has over $3 billion in assets and serves customers in 15 states.
6. In addition to traditional banking services, Alerus also offers wealth management, mortgage, and employee benefits consulting.
7. Alerus Financial has received numerous awards and recognition for its products and services, including being named one of Forbes’ Best-In-State Banks in 2018 and 2019.
8. The company has a strong commitment to community involvement and has donated over $1 million to charitable causes in the past five years.
9. Alerus Financial is known for its innovative approach to banking, being one of the first banks in its region to offer online and mobile banking.
10. The company has an A+ rating from the Better Business Bureau and is consistently ranked highly in customer satisfaction surveys.
See Company Due Diligence:
2. It was originally a small community bank serving the local area in Grand Forks, North Dakota.
3. The bank was rebranded as Alerus Financial in 2000, reflecting its expanded services and geographical reach.
4. Alerus Financial is a publicly traded company on the Nasdaq stock exchange, with the ticker symbol ALRS.
5. The company has over $3 billion in assets and serves customers in 15 states.
6. In addition to traditional banking services, Alerus also offers wealth management, mortgage, and employee benefits consulting.
7. Alerus Financial has received numerous awards and recognition for its products and services, including being named one of Forbes’ Best-In-State Banks in 2018 and 2019.
8. The company has a strong commitment to community involvement and has donated over $1 million to charitable causes in the past five years.
9. Alerus Financial is known for its innovative approach to banking, being one of the first banks in its region to offer online and mobile banking.
10. The company has an A+ rating from the Better Business Bureau and is consistently ranked highly in customer satisfaction surveys.
See Company Due Diligence:
Wait! There's more — sign up for free or log in