Alerus Financial, National Association
Alerus Financial, National Association is a Grand Forks, ND-based FDIC-insured commercial bank with $5.2B in total assets and $2.0B in commercial real estate loans, representing 37.7% of total assets. CRE exposure includes $384M in multifamily loans and $280M in construction and development loans.
Key Contacts
FDIC Financial Overview
$5.3B
Total Assets
$2.0B
CRE Loans
37.7%
CRE Concentration
$362M
Multifamily
$111M
Construction
$1.5B
Commercial RE
0%
Asset Growth (YoY)
1.7785140523275043%
ROA
16.35%
ROE
Above 300% CRE concentration guidance threshold
Source: FDIC Quarterly Call Reports (20260630)
Lending Programs
Visit alerus.com for current lending programs and rates.
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