ALERUS FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
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FY2023 · Filed Mar 8, 2024
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Item 2. Properties
The Company’s corporate headquarters are located at 401 Demers Avenue, Grand Forks, North Dakota 58201. In addition to the Company’s corporate headquarters, which includes a full service banking office, the Company operates two other full-service banking office located in Grand Forks, North Dakota, three full-service banking offices located in Fargo and West Fargo, North Dakota, one full-service banking office located in Northwood, North Dakota, six full-service banking offices located in the Twin Cities MSA, and two full-service banking office located in the Phoenix MSA. The Company offers retirement and benefits, wealth management and mortgage products and services at all of its full-service banking offices. In addition, the Company operates one retirement and benefits services office in each of Minnesota, Colorado and Michigan. The Company has remodeled several locations to utilize the Company’s spaces in a more efficient manner. As of December 31, 2023, seven of the Company’s office properties were owned and eleven of the Company’s office properties were leased.
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