Company Information

Get to know Alerus

Founded in 1879 as the Bank of Grand Forks, Alerus Financial Corporation is a publicly traded company (NASDAQ: ALRS) that has grown into a comprehensive financial services provider. The company operates under a "One Alerus" philosophy, which integrates its diverse service offerings to provide holistic financial guidance. Its primary business lines include banking (for both consumers and businesses), residential mortgage lending, wealth management (including financial planning, investment management, and trust services), and retirement and benefits administration for corporate clients. Alerus emphasizes building long-term client relationships by serving as a trusted advisor across all aspects of their financial lives.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Wealth Management

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Alerus

United States

Founded in

1879 (147 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.