Alerus

Alerus Financial Corporation Names Forrest Wilson Chief Retirement Services Officer

Retrieved on: 
Thursday, February 22, 2024
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Senior, Allianz Global Investors, Marketing, VOYA, Empower, Retirement, MBA, Alerus, Lead, University, Central Connecticut State University, Business, Financial system, Knowledge, New York University, Management

Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.

Key Points: 
  • Alerus Financial Corporation (Nasdaq: ALRS) announced today that Forrest Wilson will join Alerus as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.
  • A well-rounded retirement industry veteran, Mr. Wilson brings over 25 years of experience on both the platform/recordkeeping and investment sides of the retirement business.
  • As Chief Retirement Services Officer, Mr. Wilson will be responsible for the overall leadership and direction of Alerus’ retirement and benefits division, which serves thousands of third-party advisors, over 8,000 employer-sponsored retirement plans, and approximately 474,000 plan participants nationwide.
  • “Forrest is widely experienced and well known in the retirement services industry,” said President and Chief Executive Officer Katie Lorenson.

Toll Brothers Apartment Living and Willton Investment Management Announce Joint Venture to Develop 456-Unit Luxury Rental Community in Phoenix, Arizona

Retrieved on: 
Thursday, November 9, 2023
Santander Bank, NYSE, Employment, Senior, Toll Brothers, Professional, Heart, Partnership, Growth, EV, Sculpture, Ministry of Finance, Commercial property, Hotel, Alerus

FORT WASHINGTON, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Willton Investment Management have announced a new joint venture to develop Lumara, a four-story, 456-unit multifamily rental community in Phoenix, Ariz.

Key Points: 
  • FORT WASHINGTON, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) ( TollBrothers.com ), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Willton Investment Management have announced a new joint venture to develop Lumara, a four-story, 456-unit multifamily rental community in Phoenix, Ariz.
  • The equity and debt were arranged by Toll Brothers’ in-house Finance Department.
  • The community will consist of 456 rental apartments and more than 700 parking spaces, including some with EV (electric vehicle) charging stations.
  • We are grateful to the entire Toll Brothers team for their diligence, professionalism, and commitment to excellence throughout the development process.”
    Including Lumara, Toll Brothers Apartment Living has six multifamily community developments completed or under construction in Arizona totaling over 2,150 units.

Nikki Sorum, John Uribe Join Board of Directors for Alerus Financial Corporation

Retrieved on: 
Wednesday, December 13, 2023
Banking, Asset Management, Professional Services, Finance, Alerus, RedBrick Health, Economics, NCR Corporation, Harvard Business School, Organization, Blue Cross, McKinsey & Company, Financial system, Blue Shield, GE Commercial Finance, The Bakken, MBA, University, Indiana University Bloomington, Learn to Live, Indiana University, Knowledge, General Mills, Bakken Formation, Royal Bank of Canada, Management, Thrivent

Alerus Financial Corporation (Nasdaq: ALRS) is pleased to announce the addition of Nikki Sorum and John Uribe to its board of directors.

Key Points: 
  • Alerus Financial Corporation (Nasdaq: ALRS) is pleased to announce the addition of Nikki Sorum and John Uribe to its board of directors.
  • “We are honored to welcome these accomplished financial leaders to our board,” said Alerus CEO and President Katie Lorenson.
  • “Nikki and John have incredible depth of knowledge to contribute as we continue building on our company’s strong foundation.
  • Mr. Uribe brings more than 30 years of financial and strategic leadership experience with expertise in mergers and acquisitions, financial planning and analysis, and general management.

Alerus Adds Commercial Banking Team

Retrieved on: 
Monday, January 23, 2023
Banking, Professional Services, Finance, University, Marketing, Twin, University of Wisconsin–Eau Claire, Minneapolis–Saint Paul, Benson, Bank, Paul (given name), Alerus

Alerus is pleased to announce the expansion of its commercial banking team with the addition of three new employees.

Key Points: 
  • Alerus is pleased to announce the expansion of its commercial banking team with the addition of three new employees.
  • The industry veterans bring a combined 70 years of financial industry experience to Alerus, with extensive expertise in the commercial banking vertical.
  • Leroy Benson joined Alerus as a commercial banking executive.
  • Leroy, Bryan, and Andy bring significant industry, credit, and commercial banking experience to Alerus and join a team dedicated to growing and serving our clients in the Twin Cities.”
    “The addition of this talented team complements our long-term strategic growth plan to expand and deepen client relationships by providing superior client service from industry experts,” said Jim Collins, chief banking and revenue officer.

Alerus Financial Corporation Declares Cash Dividend on Common Shares

Retrieved on: 
Thursday, November 3, 2022
Professional Services, Finance, Asset Management, Banking, Personal Finance, Accounting, Alerus Financial, Retirement, Alerus, Mission statement, Le Cordon Bleu College of Culinary Arts Minneapolis/St. Paul, Mesa, Financial system, NASDAQ

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.18 per common share, a 12.5% increase over the dividend paid a year ago.

Key Points: 
  • Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.18 per common share, a 12.5% increase over the dividend paid a year ago.
  • Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus investor relations website at investors.alerus.com .
  • Alerus Financial Corporation is a diversified financial services company with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area.
  • Through its subsidiary, Alerus Financial, N.A., Alerus provides innovative and comprehensive financial solutions to business and consumer clients through four distinct business segmentsbanking, retirement and benefit services, wealth management, and mortgage.

Alerus Financial Corporation to Announce Third Quarter 2022 Financial Results on Wednesday, October 26

Retrieved on: 
Friday, September 30, 2022
Professional Services, Finance, Alerus Financial, Retirement, Le Cordon Bleu College of Culinary Arts Minneapolis/St. Paul, Mesa, Financial system, Alerus, Financial services

Alerus Financial Corporation is a diversified financial services company with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area.

Key Points: 
  • Alerus Financial Corporation is a diversified financial services company with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area.
  • Through its subsidiary, Alerus Financial, N.A., Alerus provides innovative and comprehensive financial solutions to business and consumer clients through four distinct business segmentsbanking, retirement and benefit services, wealth management, and mortgage.
  • Alerus provides clients with a primary point of contact to help fully understand the unique needs and delivery channel preferences of each client.
  • Clients are provided with competitive products, valuable insight and sound advice supported by digital solutions designed to meet the clients needs.

Alerus Financial Corporation Declares Cash Dividend on Common Shares

Retrieved on: 
Tuesday, September 13, 2022
Banking, Professional Services, Finance, Alerus Financial, Retirement, Le Cordon Bleu College of Culinary Arts Minneapolis/St. Paul, Mesa, Financial system, Alerus, Mission statement, NASDAQ

Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.18 per common share, a 12.5% increase over the dividend paid a year ago.

Key Points: 
  • Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.18 per common share, a 12.5% increase over the dividend paid a year ago.
  • Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus investor relations website at investors.alerus.com .
  • Alerus Financial Corporation is a diversified financial services company with corporate offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area.
  • Through its subsidiary, Alerus Financial, N.A., Alerus provides innovative and comprehensive financial solutions to business and consumer clients through four distinct business segmentsbanking, retirement and benefit services, wealth management, and mortgage.

Alerus Financial Corporation Announces Executive Leadership Changes

Retrieved on: 
Wednesday, July 20, 2022
Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, Personal Finance, Alerus Financial, Knowledge, Investment, National Market System, Culture, MI, Marketing, Retirement, Financial system, Leadership, Technology, Company, Nasdaq, Minneapolis–St. Paul Airport Trams, Management, Alerus

Alerus Financial Corporation (Nasdaq: ALRS) (the Company) announced a number of changes to its executive leadership team as part of its ongoing management succession plan.

Key Points: 
  • Alerus Financial Corporation (Nasdaq: ALRS) (the Company) announced a number of changes to its executive leadership team as part of its ongoing management succession plan.
  • These changes complete the executive leadership team transition led by Ms. Lorenson, who was appointed President and Chief Executive Officer effective January 1, 2022.
  • Alerus Financial Corporation is a diversified financial services company headquartered in Grand Forks, ND.
  • Through its subsidiary, Alerus Financial, N.A., Alerus provides innovative and comprehensive financial solutions to businesses and consumers through four distinct business segments banking, retirement and benefits services, wealth management, and mortgage.

Alerus Completes Acquisition of Metro Phoenix Bank

Retrieved on: 
Friday, July 1, 2022
Banking, Asset Management, Professional Services, Finance, Acquisition, Bank, CEO, Small business, Small Business Administration, LLP, Weather, MSA, MPB, Financial system, London Interbank Bid Rate, Pandemic, COVID-19, Growth, Goal, Industry, Federal, SBA, Financial technology, U.S. Securities and Exchange Commission, History, Forward-looking statement, Association, Alerus Financial, Terrorism, Treasury, Partnership, Retirement, Federal Reserve, Lists of disasters, Health, Risk management, Solution, NASDAQ, Disappearance of Lauren Spierer, Private Securities Litigation Reform Act, Le Cordon Bleu College of Culinary Arts Minneapolis/St. Paul, Information technology, Security (finance), Financial services, Alerus, Phoenix, Nasdaq

Alerus Financial Corporation (Alerus) (NASDAQ: ALRS) announced today it has completed the previously announced acquisition of MPB BHC, Inc. (OTCPink: MPHX), the bank holding company for Metro Phoenix Bank.

Key Points: 
  • Alerus Financial Corporation (Alerus) (NASDAQ: ALRS) announced today it has completed the previously announced acquisition of MPB BHC, Inc. (OTCPink: MPHX), the bank holding company for Metro Phoenix Bank.
  • The transaction represents the largest bank acquisition in Alerus history, and the twenty-fifth acquisition for Alerus since 2000.
  • We are pleased to welcome the clients and employees of Metro Phoenix Bank to Alerus, said Alerus President and Chief Executive Officer Katie Lorenson.
  • Steve Haggard, President and CEO of Metro Phoenix Bank, will join Alerus as President of its Arizona market, providing leadership continuity for Metro Phoenix Bank clients and employees.

Alerus Financial Corporation to Announce Second Quarter 2022 Financial Results on Wednesday, July 27

Retrieved on: 
Wednesday, June 29, 2022
Banking, Professional Services, Finance, Alerus, Alerus Financial, Retirement, MI, Financial system, Le Cordon Bleu College of Culinary Arts Minneapolis/St. Paul

Alerus Financial Corporation is a diversified financial services company headquartered in Grand Forks, ND.

Key Points: 
  • Alerus Financial Corporation is a diversified financial services company headquartered in Grand Forks, ND.
  • Through its subsidiary, Alerus Financial, N.A., Alerus provides innovative and comprehensive financial solutions to businesses and consumers through four distinct business segments banking, retirement and benefits services, wealth management, and mortgage.
  • Alerus Financial banking and wealth management offices are in Grand Forks and Fargo, ND, the Minneapolis-St. Paul, MN metropolitan area and Scottsdale and Mesa, AZ.
  • Alerus Retirement and Benefits plan administration offices are in St. Paul, MN, East Lansing, MI, and Littleton, CO.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005942/en/