North Dakota – Grand Forks – Grand Forks
(NM) Commercial bank, state charter and Fed nonmember
inactive
North Dakota
Grand Forks
Grand Forks
(NM) Commercial bank, state charter and Fed nonmember
inactive
22967
1979
FDIC Certificate Number: 22967
FDIC's unique number: 16070
The FDIC Field Office where an institution is physically located: Grand Forks
Federal Reserve ID Number: 850157
Report Date: 1989-06-30
Bank Charter Class: NM
The date of the last data update: 1990-10-04
1979-10-09 Institution established. Original name: The Dakota Bank.
1989-08-24 Merged with government financial assistance and subsequently operated as part of First National Bank South in Grand Forks, North Dakota.
1990-02-16 Merged into and subsequently operated as part of First National Bank in Grand Forks in Grand Forks, North Dakota.
1991-04-20 Changed name to First National Bank North Dakota .
1991-04-20 Acquired Northwood State Bank in Northwood, North Dakota.
1991-04-20 Acquired West Fargo State Bank in West Fargo, North Dakota.
1991-11-01 Acquired First Federal Savings And Loan Association Of Fargo, F.A. in Fargo, North Dakota.
2000-11-13 Changed name to Alerus Financial, National Association .
2007-01-20 Acquired Alerus Interim, National Association in Minnetonka, Minnesota.
2009-07-17 Acquired Bankfirst in Sioux Falls, South Dakota as part of a government assisted transaction.
2009-11-06 Acquired Prosperan Bank in Oakdale, Minnesota as part of a government assisted transaction.
Total assets: $31,174,000
Total deposits: $28,647,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-11235