Alerus Financial

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 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

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 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

up to $300

Our Rating

4.2 / 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 272^nd largest bank in the nation. It was established in 1933 and as of March of 2025, it had grown to 864 employees at 30 locations. Alerus Financial has an A health rating.

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	3931
Year Established	1933
Employees	864
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	1.09%
Return on Equity - YTD	11.34%
Annual Interest Income	$68.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$5.33B$4.32B
Loans	Q1 2025vs Q1 2024	$4.04B$2.77B
Deposits	Q1 2025vs Q1 2024	$4.53B$3.35B
Equity Capital	Q1 2025vs Q1 2024	$519.1MM$355.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$61.9MM$36.6MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$45.5MM$7.2MM
Real Estate Owned	Q1 2025vs Q1 2024	$243K$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 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

up to $300

Our Rating

4.2 / 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

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