According to a Jan. 26 release, Alerus reported a net income of $52.7 million last year, topping the company’s previous record of $44.7 million in 2020. The company saw growth throughout its business sections, though mortgages fared particularly well due to an unanticipated surge in people wanting to refinance.
Alerus Financial Corporation announced today that Alan "Al" Villalon has been named Chief Financial Officer and Executive Vice President of the Company. Mr. Villalon replaces Katie. | January 28, 2022