Randy Newman Receives ‘Leaders & Legacies’ Award From Prairie Business

GRAND FORKS, N.D. (July 15, 2020) – Alerus is pleased to announce Randy Newman, chairman, president, and chief executive officer, has received the ‘Leaders & Legacies’ award from Prairie Business magazine. Annually through this award, Prairie Business honors ten of the most influential and innovative corporate executives throughout North Dakota, South Dakota, and Minnesota. The award recognizes leaders with significant high-level achievements who have positively impacted their business and community.

Mr. Newman joined Alerus, formerly First National Bank North Dakota in 1981, became its president in 1987, and CEO in 1995. He has led through the organization through tremendous growth into new markets, diversification of the company’s revenue with new products and a holistic delivery model, and through challenging times including the flood and fire of Grand Forks in 1997, the Great Recession of 2008, and now the Coronavirus pandemic. Newman’s distinct leadership and focus on doing right by clients, employees, and the community has resulted in a strong financial foundation for Alerus and a positive impact on our community.

Driven by purpose and learning, Mr. Newman’s past community service includes leadership and/or board membership with many civic organizations. He has also served in a variety of roles influencing the financial industry, including the Ninth Federal Reserve Bank in Minneapolis, Bank Holding Company Association, the Federal Home Loan Bank in Des Moines, and the Bank Administration Institute (BAI).

“I’m truly honored to receive this award, and share this recognition with our Alerus team,” said Newman. “I’ve been fortunate to work at Alerus for many, many years. I’ve benefited from the collaboration within our company and collective desire to improve, in every aspect. When you surround yourself with high performers, together, we accomplish more and have an even greater impact on each other, and our communities.”

The complete list of Prairie Business magazine’s 2020 Leaders & Legacies recipients can be viewed at http://prairiebusinessmagazine.com/.

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.