Alerus Financial Names Taylor Chief Operating Officer

Jon Hendry, executive vice president and chief technology officer of Alerus Financial, will retire at year end. As part of his planned succession, he will transition his responsibilities to Karin Taylor, effective Jan. 1, 2025. read more

DEC 31, 2024 - 5:52 am

Alerus Financial Completes Acquisition of HMN Financial

Alerus Financial and its wholly owned subsidiary completed the previously announced acquisition of HMN Financial and its wholly owned subsidiary, Home Federal Savings Bank. The all-stock transaction is valued at approximately $128.8 million as of closing. read more

OCT 11, 2024 - 6:14 am

Alerus and HMNF Receive Stockholder and Regulatory Approval to Proceed with Merger

Alerus Financial received all regulatory approvals necessary to complete the previously announced acquisition of HMN Financial (HMNF) and its wholly owned subsidiary, Home Federal Savings Bank. read more

SEP 30, 2024 - 6:11 am

The Right Fit at the Right Time — Alerus Financial Adds Dedicated Equipment Finance Team

Brianna Wilson

Alerus Financial has embarked on an expansion with the recent launch of its new equipment finance vertical in June 2024. The addition of the full-service equipment finance division is aimed at bolstering its commercial and industrial banking segment. The Tip... read more

July 2024

Alerus Financial Adds Equipment Finance Team

Alerus Financial is expanding its specialty lending capabilities with the addition of an experienced team focused on providing equipment financing to commercial banking clients throughout the company’s geographic footprint. read more

JUN 11, 2024 - 6:37 am