Alerus Financial Corporation is a diversified financial services bank holding company headquartered in Grand Forks, North Dakota. Operating primarily through its subsidiary Alerus Financial, National Association, the company serves both personal and business clients across the United States. The company operates through three main segments: Banking, which provides lending and deposit products including demand deposits, interest-bearing accounts, money market accounts, and certificates of deposit; Retirement and Benefit Services, offering comprehensive retirement planning and benefits administration solutions; and Wealth Management, delivering tailored wealth services to clients. Alerus also provides treasury management products and mortgage services to address the diverse financial needs of individuals and businesses. The company distinguishes itself through personalized client solutions designed to help customers achieve both immediate and long-term financial goals. As one of the oldest banks in the upper Midwest, Alerus maintains a strong regional presence while operating as a national provider of retirement and wealth services.