Skip to main content

Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Cookie Preferences

Many websites use cookies or similar tools to store information on your browser or device. We use cookies on BBB websites to remember your preferences, improve website performance and enhance user experience, and to recommend content we believe will be most relevant to you. Most cookies collect anonymous information such as how users arrive at and use the website. Some cookies are necessary to allow the website to function properly, but you may choose to not allow other types of cookies below.

Necessary Cookies

What are necessary cookies?
These cookies are necessary for the site to function and cannot be switched off in our systems. They are usually only set in response to actions made by you that amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not work. These cookies do not store any personally identifiable information.

Necessary cookies must always be enabled.

Functional Cookies

What are functional cookies?
These cookies enable the site to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Performance Cookies

What are performance cookies?
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Marketing Cookies

What are marketing cookies?
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant content on other sites. They do not store personal information directly, but are based on uniquely identifying your browser or device. If you do not allow these cookies, you will experience less targeted advertising.

Find a Location

Alerus has 8 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Alerus

      11100 Wayzata Blvd Ste 570 Minnetonka, MN 55305-5534

    • Alerus

      6 Pine Tree Dr. Ste. 330 Arden Hills, MN 55112-3789

    • Alerus

      120 S 6th St Minneapolis, MN 55402-1803

    • Alerus

      990 Helena Ave N Oakdale, MN 55128-5388

    • Alerus

      7890 Mitchell Rd Eden Prairie, MN 55344-2219

    Business ProfileforAlerus

    Bank
    Multi Location Business

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 6 Customer Reviews

    Customer Complaints

    6 complaints closed in last 3 years

    2 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    Alerus is a publicly traded community bank providing banking, mortgage, retirement and benefits, and wealth management products and services to commercial and consumer clients.

    Business Details

    This is a multi-location business.

    Find a Location

    Alerus has 8 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Alerus

        11100 Wayzata Blvd Ste 570 Minnetonka, MN 55305-5534

      • Alerus

        6 Pine Tree Dr. Ste. 330 Arden Hills, MN 55112-3789

      • Alerus

        120 S 6th St Minneapolis, MN 55402-1803

      • Alerus

        990 Helena Ave N Oakdale, MN 55128-5388

      • Alerus

        7890 Mitchell Rd Eden Prairie, MN 55344-2219

      Location of This Business
      11100 Wayzata Blvd Ste 570, Minnetonka, MN 55305-5534
      BBB File Opened:
      6/29/2001
      Years in Business:
      124
      Business Started:
      1/1/1900
      Business Started Locally:
      1/1/1991
      Business Incorporated:
      1/20/1995
      Type of Entity:
      Corporation
      Alternate Business Name
      • Alerus Bank
      • Alerus Financial NA
      Business Management
      • Randy Newman, President & CEO
      • Jared Hanson, Controller
      • Adam Farrell, Owner/Manager
      • Missy Keney, Director of Marketing
      • Bonnie Upham, Company Contact
      Contact Information

      Principal

      • Randy Newman, President & CEO
      • Jared Hanson, Controller
      • Adam Farrell, Owner/Manager
      • Missy Keney, Director of Marketing
      • Bonnie Upham, Company Contact

      Customer Contact

      • Missy Keney, Director of Marketing
      • Bonnie Upham, Company Contact
      Additional Contact Information

      Fax Numbers

      • (952) 593-1634
        Primary Fax

      Industry Tip

      BBB Tip: How to choose a new bank or credit union

      Customer Complaints

      6 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      04/08/2024

      Complaint Type:
      Billing Issues
      Status:
      Answered
      My previous employer contracted with Alerus for HSA accounts. If an employee wanted to participate in the employer-funded part of the **** there was no other option other than to use Alerus. (This is not an employee/employer dispute - my dispute is with Alerus).After changing employers, I received notice from Alerus that they would charge me $3.50/month to maintain my account or $15 to close my account and send a check to a different HSA provider. I immediately requested my other HSA provider to send over the required paperwork, and they did on March 20. Alerus said they received it on 3/28, but they did not process the account closure until 4/5, a day after my account was charged $3.50, and then they charged me another $15 for closing the account. There was no way for me to get my money without Alerus charging me for it, and there was no option to use another bank in order to get my employers HSA contributions.I am requesting a refund if $18.50 - $3.50 because they held off an extra day on closing my account and the $15 for actually closing the account because, as the consumer, I had to use their services for my HSA. Thats all I want - $18.50.
      Read More

      Customer Reviews

      6 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Joshua M

      1 star

      03/06/2024

      complete lack of knowledge when it comes to security. I will personally never use this company again and would opt out or even quit a job that uses Alerus customer service is horrible as well.

      Alerus Response

      03/07/2024

      We appreciate your feedback regarding security and customer service. We take both aspects of our business seriously and will work to address any issues in those areas.

      Local BBB

      BBB of Minnesota and North Dakota

      BBB Reports On

      BBB reports on known marketplace practices.

      BBB Business Profiles may not be reproduced for sales or promotional purposes.

      BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

      When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

      BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.

      As a matter of policy, BBB does not endorse any product, service or business.