Alerus Financial, National Association401 Demers Ave, Grand Forks, ND
Alerus Financial at 401 Demers Ave, Grand Forks, ND: $575m on deposit here, open since 1933. From the FDIC record.
Alerus Financial, National Association runs a main office at 401 Demers Ave, Grand Forks, ND 58201, open since 1933. Every figure below is filed with a federal regulator and reproduced here unchanged.
This office
Deposits booked to this office: $575m, at 30 June 2025
Other full-service bank offices within five miles: 22
County: Grand Forks
Metro area: Grand Forks, ND-MN
Alerus Financial, the bank behind this counter
Total assets: $5.28bn
Tier 1 leverage ratio: 9.26% — capital as a share of assets
Office records from the FDIC BankFind Suite; deposits by office from the FDIC Summary of Deposits, counted each 30 June; capital and loan figures from the bank's own Call Report.