Katie Lorenson Named Among Top 25 Women in Business
GRAND FORKS, NORTH DAKOTA (March 7, 2022) – Alerus is pleased to announce President and CEO Katie Lorenson has been named among the region’s Top 25 Women in Business by Prairie Business magazine. The annual award recognizes women from throughout North Dakota, South Dakota and western Minnesota for their exceptional professional contributions and community involvement.
Lorenson joined Alerus as chief financial officer in 2017. In addition to leading Alerus’ four product divisions — banking, mortgage, wealth management, and retirement and benefits — she spearheaded the company’s initial public offering in 2019 and led the company’s COVID-19 response. She transitioned from chief financial officer to president and chief executive officer at Alerus on Jan. 1, 2022. As president and CEO, she continues to lead Alerus’ long-term growth strategy while remaining committed to its mission of improving clients’ financial potential through holistic guidance, unparalleled service, and engaging technology.
Alerus (Alerus Financial, N.A.) is a diversified financial services company headquartered in Grand Forks, ND. Alerus provides innovative and comprehensive financial solutions to businesses and consumers through four distinct business segments—banking, retirement and benefit services, wealth management, and mortgage. These solutions are delivered through a relationship-oriented primary point of contact along with responsive and client-friendly technology. Alerus Financial banking and wealth management offices are located in Grand Forks and Fargo, ND, the Minneapolis-St. Paul, MN metropolitan area and Scottsdale and Mesa, AZ. Alerus Retirement and Benefits plan administration offices are located in St. Paul, MN, East Lansing, MI, and Littleton, CO.