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Home Federal is now Alerus! Alerus (Nasdaq: ALRS) is a commercial wealth bank and national retirement services provider that delivers diversified and comprehensive financial solutions — including banking, wealth services, and retirement and benefits services — to businesses, organizations, and personal clients. Our purpose is to help clients achieve theirs. We accomplish this by providing personalized service and the right products at the right times to help clients achieve their immediate and long-term financial goals. Alerus is an SBA Preferred Lender.