Home › North Dakota › Alerus Financial, National Association
Alerus Financial, National Association
✓ FDIC-insured · Active FDIC Certificate #3931
Alerus Financial, National Association is an FDIC-insured national bank chartered by the Office of the Comptroller of the Currency (OCC), headquartered in Grand Forks, North Dakota, established in 1933. As of the 06/30/2026 FDIC call report, it reported $5.3B in total assets and $4.2B in deposits. FDIC location data lists 26 offices across 5 states and territories, with the most in Minnesota (15). It is owned by the holding company ALERUS FINANCIAL CORP (Grand Forks, ND).
Financial data as of the 06/30/2026 FDIC call report.
Branches by state
Alerus Financial, National Association has offices in 5 states and territories. Counts come from the FDIC's institution location records.
| State | Offices | Share |
|---|---|---|
| Minnesota | 15 | 57.7% |
| North Dakota | 7 | 26.9% |
| Arizona | 2 | 7.7% |
| Iowa | 1 | 3.8% |
| Wisconsin | 1 | 3.8% |
Branch locations
| Alerus Financial, National Association Scottsdale Road Branch · Full Service - Brick And Mortar | 17045 N Scottsdale Rd Scottsdale, AZ 85255 Map ↗ |
| Alerus Financial, National Association Tempe Branch · Full Service - Brick And Mortar | 999 E Playa Del Norte Dr Tempe, AZ 85288 Map ↗ |
| Alerus Financial, National Association 9 Marshalltown Branch · Full Service - Brick And Mortar | 303 W Main St Marshalltown, IA 50158 Map ↗ |
| Alerus Financial, National Association Excelsior Branch · Full Service - Brick And Mortar | 409 2nd St Excelsior, MN 55331 Map ↗ |
| Alerus Financial, National Association Kasson Branch · Limited Service - Drive Thru/Detached Facility | 502 S Mantorville Ave Kasson, MN 55944 Map ↗ |
| Alerus Financial, National Association 2 Austin Branch · Full Service - Brick And Mortar | 201 W Oakland Ave Austin, MN 55912 Map ↗ |
| Alerus Financial, National Association 5 La Crescent Branch · Full Service - Brick And Mortar | 208 S Walnut St La Crescent, MN 55947 Map ↗ |
| Alerus Financial, National Association 1 Spring Valley Branch · Full Service - Brick And Mortar | 715 N Broadway St Spring Valley, MN 55975 Map ↗ |
| Alerus Financial, National Association 7 Albert Lea Branch · Full Service - Brick And Mortar | 143 W Clark St Albert Lea, MN 56007 Map ↗ |
| Alerus Financial, National Association Home Federal Savings Bank Branch · Full Service - Brick And Mortar | 1016 Civic Center Dr Nw Rochester, MN 55901 Map ↗ |
| Alerus Financial, National Association Beacon Bank, Eden Prairie Office · Full Service - Brick And Mortar | 7890 Mitchell Rd Eden Prairie, MN 55344 Map ↗ |
| Alerus Financial, National Association Rochester Downtown Branch · Full Service - Brick And Mortar | 155 1st Avenue Sw Rochester, MN 55902 Map ↗ |
| Alerus Financial, National Association 4 Winona Branch · Full Service - Brick And Mortar | 175 Center St Winona, MN 55987 Map ↗ |
| Alerus Financial, National Association 20 Rochester - Superior Dr Branch · Full Service - Brick And Mortar | 2048 Superior Dr Nw Rochester, MN 55901 Map ↗ |
| Alerus Financial, National Association Alerus National Association Branch · Full Service - Brick And Mortar | 10900 Wayzata Boulevard, Suite 900 Minnetonka, MN 55305 Map ↗ |
| Alerus Financial, National Association Shoreview Branch · Full Service - Brick And Mortar | 4100 Lexington Ave. N. Shoreview, MN 55126 Map ↗ |
| Alerus Financial, National Association New Eagan Branch · Full Service - Brick And Mortar | 1515 Central Pkwy Eagan, MN 55121 Map ↗ |
| Alerus Financial, National Association Prosperan Bank Branch · Full Service - Brick And Mortar | 990 Helena Ave N Oakdale, MN 55128 Map ↗ |
| Alerus Financial, National Association West Fargo Branch · Limited Service - Retail | 110 Sheyenne St West Fargo, ND 58078 Map ↗ |
| Alerus Financial, National Association Alerus Financial, National Association · Full Service - Brick And Mortar | 401 Demers Ave Grand Forks, ND 58201 Map ↗ |
| Alerus Financial, National Association South Branch · Full Service - Brick And Mortar | 2300 S Columbia Rd Grand Forks, ND 58201 Map ↗ |
| Alerus Financial, National Association Broadway Branch · Full Service - Brick And Mortar | 15 Broadway N Fargo, ND 58102 Map ↗ |
| Alerus Financial, National Association Grand Forks - Downtown Hugo'S Branch · Full Service - Brick And Mortar | 500 Demers Ave Grand Forks, ND 58201 Map ↗ |
| Alerus Financial, National Association Northwood Branch · Full Service - Brick And Mortar | 503 Washington Ave Northwood, ND 58267 Map ↗ |
| Alerus Financial, National Association Fargo Urban Plains Branch · Full Service - Brick And Mortar | 3189 Ace Allen Way S Fargo, ND 58104 Map ↗ |
| Alerus Financial, National Association Pewaukee Branch · Full Service - Brick And Mortar | 1870 Meadow Ln Pewaukee, WI 53072 Map ↗ |
Holding company: ALERUS FINANCIAL CORP
The FDIC lists ALERUS FINANCIAL CORP, based in Grand Forks, ND, as the top holding company for Alerus Financial, National Association. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in North Dakota
Active FDIC-insured banks headquartered in North Dakota with total assets closest to Alerus Financial, National Association's $5.3B. See all banks in North Dakota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Choice Financial Group | Fargo | $6.4B | 18 |
| First International Bank & Trust | Watford City | $6.2B | 28 |
| Gate City Bank | Fargo | $4.0B | 46 |
| Bravera Bank | Dickinson | $3.8B | 35 |
| Western State Bank | Devils Lake | $2.5B | 10 |
| First Western Bank & Trust | Minot | $2.4B | 20 |
Alerus Financial, National Association: common questions
Is Alerus Financial, National Association FDIC-insured?
Yes. Alerus Financial, National Association is an active FDIC-insured institution, FDIC Certificate #3931. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Alerus Financial, National Association headquartered?
Alerus Financial, National Association is headquartered at 401 Demers Ave, Grand Forks, ND 58201, according to FDIC records.
How many branches does Alerus Financial, National Association have?
FDIC location data lists 26 offices for Alerus Financial, National Association in 5 states and territories. The most are in Minnesota (15), followed by North Dakota (7).
Who owns Alerus Financial, National Association?
The FDIC lists ALERUS FINANCIAL CORP of Grand Forks, ND as the top holding company for Alerus Financial, National Association.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.