American Banker Names Alerus a Best Bank to Work For

GRAND FORKS, N.D. (Oct. 28, 2020) – Alerus is pleased to announce it has been named one of American Banker’s Best Banks to Work For. The annual list is selected through extensive reviews of company benefits and policies, in addition to employee surveys to obtain firsthand feedback on workplace priorities and company culture. Alerus is one of 85 organizations throughout the U.S. named to the 2020 list.

“There are thousands of financial institutions in the U.S., so to be singled out as one of the best banks to work for is a true honor,” said Alerus Chairman, President, and Chief Executive Officer Randy Newman. “We strongly believe that if we take care of each other and our clients, we will be successful and this award exemplifies that. As we have forged new ground together throughout 2020, our leadership team and employees have remained committed to finding balance while providing the best client service possible. I couldn’t be more proud of what we’ve accomplished together and I am grateful to all of our employees for making Alerus a top employer.”

Alerus employs more than 800 people primarily in Arizona, Michigan, Minnesota, New Hampshire, and North Dakota. Company initiatives include the SMART (Small Miracles Are Reached Together) Fund, which is funded entirely by employee contributions and available to any employee or family member who is experiencing a hardship. As part of its COVID-19 response, Alerus committed to retain all employees through 2020, maintain current salaries even for employees who were unable to work due to office closures or helping with their children’s remote learning, and encouraged work schedule flexibility to accommodate distance learning and other unanticipated life changes.

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About Alerus

Alerus (Alerus Financial, N.A.) is a diversified financial services company headquartered in Grand Forks, N.D. Alerus offers business and consumer banking products and services, residential mortgage financing, employer-sponsored retirement plan and benefit administration, and wealth management including trust, brokerage, insurance, and asset management. These solutions are delivered through a relationship-oriented primary point of contact along with responsive and client-friendly technology. Alerus banking and wealth management offices are located in Grand Forks and Fargo, N.D., the Minneapolis-St. Paul, Minn. metropolitan area, and Scottsdale and Mesa, Ariz. Alerus Retirement and Benefits plan administration offices are located in St. Paul and Albert Lea, Minn., East Lansing and Troy, Mich., and Bedford, N.H.