We understand the unique challenges nonprofits face in managing finances while staying focused on their mission. Our specialized financial solutions are designed to help nonprofits of all sizes manage their funds efficiently, maximize their impact, and ensure long-term sustainability. From banking and lending to cash management and investment strategies, Alerus is here to support your organization’s financial health so you can focus on making a difference.
Financial solutions for nonprofits.
Alerus provides a range of financial solutions to support growth, cash flow, and long-term financial health.
Financing
- Real estate construction and permanent financing
- Tax-exempt bond financing
- Bridge financing
- Working capital lines of credit
- Equipment financing
- CRA qualified projects
- Letters of credit
Deposit and Treasury Management
- Premium rates
- Nonprofit specific deposit accounts
- No account maintenance fees
- No transaction limits
- Nonprofit specific assigned relationship manager
- Secured transfer capabilities
- Enhanced electronic services
- Efficient, customized service solutions for clients with FDIC sensitivity
Retirement and Benefits
- Dedicated private banker for your benefit
- Open architecture solutions
- Investment management specialists
- Retirement planning expertise
- Wealth transfer planning guidance
Nonprofit expertise across key sectors.
From education to healthcare, we offer financial solutions for a variety of industries,
helping organizations with unique challenges achieve long-term success.
- Education
- Healthcare
- Housing
- Community Development
- Economic Development
- Foundations
- Human Services
- Associations
Recent nonprofit transactions
SENIOR HOUSING
Minnesota
$25,000,000
Construction and permanent financing (Bridge loan)
CHARTER SCHOOL
Arizona
$8,000,000
Construction financing
Deposit and treasury management
HEALTHCARE
North Dakota
$30,000,000
Retirement and benefits record keeping
SENIOR CARE FACILITY
Wisconsin
$30,000,000
Construction and permanent financing





