Alerus Financial, National Association
Chartered Bank Active FDIC Insured
Health Score
10.0 / 10
401 Demers Ave, Grand Forks, ND 58201
Financial Overview
Total Assets $5.28B
Total Deposits $4.39B
Profitability (ROA) 1.81%
Shareholder Return (ROE) 16.77%
Capital Cushion (Eq/Assets) 10.86%
Established 09/30/1933
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$162.7M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: http://www.alerus.com
FDIC Certificate #: 3931
Specialization: Commercial Lending Specialization