Alerus Financial Corporation - Common Stock (ALRS)
Frequently Asked Questions About Alerus Financial Corporation - Common Stock (ALRS)
Does Alerus Financial Corporation have a retirement plan service?
Yes, Alerus Financial Corporation provides comprehensive retirement plan services for both businesses and individuals. They offer 401(k) plans, IRAs, and other retirement solutions aimed at helping clients save and prepare for long-term financial stability.
How can I invest in Alerus Financial Corporation?
Investing in Alerus Financial Corporation can be done through purchasing shares via a brokerage firm or investing platform that offers access to stocks traded on the Nasdaq under the ticker symbol ALRS. Interested investors should conduct their own research and consider consulting with a financial advisor.
How does Alerus differentiate itself from other financial institutions?
Alerus differentiates itself from other financial institutions through its commitment to personalized service and client relationships. The company emphasizes a customer-centric approach, offering tailored financial solutions and proactive expertise to help clients achieve their financial goals.
How does Alerus handle customer service?
Alerus prioritizes customer service by offering accessible, personalized support through its team of knowledgeable representatives. Clients can reach out for assistance via multiple channels, including in-person, online, or by phone, ensuring that their queries and needs are addressed promptly and efficiently.
How does Alerus support client financial education?
Alerus supports client financial education by providing resources, workshops, and seminars on a wide range of financial topics. The company believes in empowering clients with knowledge to make informed decisions and foster financial wellness.
How does Alerus view employee development?
Alerus Financial Corporation strongly values employee development and invests in training and professional growth opportunities for its staff. The company fosters a culture of continuous learning, providing resources and support to help employees enhance their skills and advance their careers.
Is Alerus Financial Corporation a bank?
Yes, Alerus Financial Corporation operates as a bank through its subsidiary, Alerus Financial, National Association. It offers traditional banking services such as checking and savings accounts, loans, mortgages, and more, catering to both individual and business clients.
What are Alerus’s core values?
Alerus Financial Corporation’s core values include integrity, service, community, and teamwork. These principles guide the company’s operations and relationships with clients, employees, and the communities they serve, reflecting their commitment to excellence and positive impact.
What are the main markets served by Alerus?
Alerus Financial Corporation primarily serves the markets of North Dakota, Minnesota, and surrounding areas. Its comprehensive financial services cater to individuals, businesses, and institutions, emphasizing local responsiveness and community involvement.
What does Alerus Financial Corporation do?
Alerus Financial Corporation is a diversified financial services company that provides a range of banking, investment, retirement, and insurance services. Founded in 1879, Alerus focuses on helping individuals, businesses, and institutions manage their financial needs through personalized service and innovative solutions.
What financial products does Alerus offer for businesses?
Alerus provides a variety of financial products tailored for businesses, including commercial banking services, business loans, treasury management, and employee benefit solutions. These offerings are designed to support business growth, cash flow management, and employee welfare.
What is Alerus's approach to risk management?
Alerus Financial Corporation employs a comprehensive risk management strategy aimed at identifying, assessing, and mitigating potential risks across its operations. This involves rigorous financial analysis, compliance measures, and continuous monitoring to protect both the company and its clients.
What is Alerus's commitment to ethical practices?
Alerus Financial Corporation is committed to ethical business practices and transparency in all its dealings. The company adheres to strict regulatory standards and ethical guidelines, prioritizing integrity, trust, and accountability in its relationships with clients and stakeholders.
What is the mission of Alerus Financial Corporation?
The mission of Alerus Financial Corporation is to enhance the lives of their clients by providing a personal touch in financial services. They aim to build lasting relationships that instill confidence and deliver comprehensive financial solutions tailored to each client's unique needs.
What is the significance of Alerus's community involvement?
Alerus Financial Corporation places high importance on community involvement as part of its corporate social responsibility. The company actively participates in local philanthropic efforts, supporting initiatives that enhance community well-being, education, and economic development.
What technologies does Alerus utilize in their services?
Alerus Financial Corporation leverages advanced banking and financial technologies to enhance service delivery and client experience. These include secure online banking platforms, mobile apps, and digital tools for investments and account management aimed at simplifying the financial process for clients.
What types of investment services does Alerus provide?
Alerus offers a variety of investment services, including asset management, retirement planning, and investment advisory services. Their team of financial advisors works with clients to create personalized investment strategies tailored to their financial goals.
When did Alerus Financial Corporation go public?
Alerus Financial Corporation went public on December 15, 2020. The company’s shares began trading on the Nasdaq under the ticker symbol ALRS, marking a significant step in its growth strategy.
Where can I find Alerus Financial Corporation's latest financial reports?
Alerus Financial Corporation's latest financial reports and investor-related information can be found on their official website under the Investor Relations section. This includes quarterly earnings, annual reports, and other relevant financial disclosures.
Where is Alerus Financial Corporation located?
Alerus Financial Corporation is headquartered in Grand Forks, North Dakota. The company operates multiple branch locations throughout the state and in Minnesota, providing local access to its comprehensive financial services.
What is the current price of Alerus Financial Corporation - Common Stock?
The current price of Alerus Financial Corporation - Common Stock is 17.17
When was Alerus Financial Corporation - Common Stock last traded?
The last trade of Alerus Financial Corporation - Common Stock was at 4:00 pm EDT on April 3rd, 2025
What is the market capitalization of Alerus Financial Corporation - Common Stock?
The market capitalization of Alerus Financial Corporation - Common Stock is 339.58M
How many shares of Alerus Financial Corporation - Common Stock are outstanding?
Alerus Financial Corporation - Common Stock has 19.78M shares outstanding.