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
$5.2B
Total Assets
$2.0B
CRE Loans
37.7%
CRE Concentration
$384M
Multifamily
$280M
Construction
$1.3B
Commercial RE
-2.1%
Asset Growth (YoY)
0.419984789954816%
ROA
4.16%
ROE
Above 300% CRE concentration guidance threshold
Source: FDIC Quarterly Call Reports (20251231)
Lending Programs
Visit alerus.com for current lending programs and rates.
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