Alerus Financial Corp. (ALRS/ALRS.PK) Wrap Up:

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, N.A. that provides various financial services in the upper Midwest region of the United States. It engages in commercial and retail banking, retail brokerage, insurance, trust and asset management, retirement plan record keeping activities, and investment advisory services. The company’s activities comprise deposits, which include non-interest bearing, savings, NOW, money market, and time deposits; ATM services; online bill payment; and loans, which comprise commercial, financial, agricultural, real estate, and consumer loans. As of December 31, 2007, it operated 13 customer locations in Grand Forks, Farg...