Alerus Financial

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.alerus.com

701-795-3369

401 Demers Avenue
Grand Forks, ND 58201

Alerus Financial is headquartered in GRAND FORKS and is the 4^th largest bank in the state of North Dakota. It is also the 279^th largest bank in the nation. It was established in 1933 and as of December of 2024, it had grown to 884 employees at 30 locations. Alerus Financial has a B+ health rating.

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Health

B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	3931
Year Established	1933
Employees	884
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.67%
Return on Equity - YTD	7.53%
Annual Interest Income	$221.6MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$5.25B$3.89B
Loans	Q4 2024vs Q4 2023	$3.95B$2.73B
Deposits	Q4 2024vs Q4 2023	$4.43B$3.17B
Equity Capital	Q4 2024vs Q4 2023	$501.1MM$354MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$59.9MM$35.8MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$50.1MM$8.6MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Alerus Financial CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.87%	$5k	-	8 Month CD Special
3.50%	$5k	-	14 Month CD Special

Locations

Availability

Fargo Area

Fargo Area bank & credit union details

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