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3.1
2 ratings
3.0
Salary & Benefits
4.0
Professional growth
3.0
Work-Life balance
2.5
Recognition & Support
3.0
Culture & Values
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Based in Grand Forks, North Dakota, Alerus is a financial services company comprising a chain of different financial institutions offering services such as banking, wealth management, mortgage, and retirement. The company’s history dates back to August 1879 when the Bank of Grand Forks was formed by Mr. S. S. Titus. Being the second bank chartered in the Dakota Territory, back when it was formed its location was back of a smokehouse in downtown Grand Forks. Presently, the bank operates five banks and wealth management offices in the Greater Grand Forks area and 3 banks and wealth management offices in the Fargo-Moorehead in North Dakota state. In 2003, the company expanded in Minneapolis-St, Pauls region, and neutered Pheonix, Arizona market in 2009. The firm also operates Alerus Retirement and Benefits which is a nationally recognized health benefits and retirement services provider in Arden Hills, Minnesota. The company advertises open job listings on its official website in the domains of payroll, retirement, mortgage services, and more.

Company - Public
$100M to $500M
Medium
Multiple locations
Commercial Banking Companies
1879
Randy Newman

Departments

What departments Alerus employees work at?
DepartmentsRatio
other occupation53.7%
Accounting / Finance29.1%
Sales - Financial Services17.2%
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See what companies are similar to Alerus
Anchor Bank (MN)
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Bangor Savings Bank
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Medium size
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Team

Professional experience

Professional Growth

How many years of experience do Alerus employees have before joining?
Years of experience at Alerus: Newcomers: 18%, Experiencers: 16%, Experts: 16%, Veterans: 50%. Alerus employees have 8+ years experience on average before joining.
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Professional Growth

What industries did Alerus employees work in previously?
Industry Background: The most typical industries of Alerus: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Finance & Insurance Companies, Investment Banking & Securities Brokerage Firms, Consulting Companies. Alerus employees most
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Professional Growth

Where did Alerus employees work before joining?
Past employers' size at Alerus: Small: 43%, Medium: 13%, Large: 44%. Most Alerus employees have previously worked at large companies.
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Educational background

Educational background

What did employees at Alerus study?
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Top educational institutions

Where did employees at Alerus study?
Minnesota State University Moorhead
North Dakota State University-Main Campus
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Employee data

Professional Growth

How long do people stay in a role at Alerus?
Time employed at Alerus: <1: 10%, 1-3: 30%, 4-8: 30%, 9-13: 13%, 14-20: 7%, 20+: 11%. Most Alerus employees stay with the company for 4-8 years which is the same as the industry average.
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Culture & Values

How does Alerus rank for age & gender diversity?
Gender ratio at Alerus: 54.2% Male and 45.8% Female. Age ratio at Alerus: 16-20: 0%, 21-30: 32%, 31-40: 35%, 41-50: 16%, 51-60: 11%, 60+: 6%. Alerus rates - 2.8% more female than the industry average. Most Alerus employees are 31-40, which is on par
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Career advancement

Professional Growth

How does Alerus rank for career advancement?
Career advancement at Alerus: high. Alerus ranks high for career advancement which is above the industry average.
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Professional Growth

What companies do Alerus employees go on to work at?
Future employers of Alerus: Alerus Retirement Solutions, BankVista, Bell Bank, Bremer Bank, Gate City Bank. People who work at Alerus most typically go on to work for the Alerus Retirement Solutions.
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Alerus Retirement Solutions
BankVista
Bell Bank
Bremer Bank
Gate City Bank