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Alerus Financial, History
The following are major historical events for Alerus Financial, including mergers and acquisitions.
| 1933-09-30 | Institution established: Original name:First National Bank in Grand Forks | |
| 1990-02-16 | Acquired First National Bank South (27571) in GRAND FORKS, ND | |
| 1991-04-20 | Acquired West Fargo State Bank (10245) in WEST FARGO, ND | |
| 1991-04-20 | Changed name to First National Bank North Dakota | |
| 1991-04-20 | Acquired Northwood State Bank (10238) in NORTHWOOD, ND | |
| 1991-11-01 | Acquired First Federal Savings and Loan Association of Fargo, F.A. (33409) in FARGO, ND | |
| 2000-11-13 | Changed name to Alerus Financial, National Association | |
| 2007-01-20 | Acquired Alerus Interim, National Association (34096) in MINNETONKA, MN | |
| 2009-07-17 | Acquired BANKFIRST (34103) in SIOUX FALLS, SD as part of a government assisted transaction. | |
| 2009-11-06 | Acquired Prosperan Bank (35074) in OAKDALE, MN as part of a government assisted transaction. | |
| 2014-06-25 | Acquired Private Bank Minnesota (34144) in MINNEAPOLIS, MN | |
| 2016-01-16 | Acquired Beacon Bank (10581) in SHOREWOOD, MN |