Alerus Financial Corp Salary

How Much Does Alerus Financial Corp Pay?BETA

As of March 2025, the average annual salary for employees at Alerus Financial Corp in the United States is $97,885. This translates to an approximate hourly wage of $47. Salaries at Alerus Financial Corp typically range from $85,725 to $111,172 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Alerus Financial Corp, A President & Chief Executive Officer is among the highest earners, with an average salary of approximately $757,719 per year. Conversely, the lowest-paid position is Deposit Operations Specialist, earning around $28,959 annually. Explore this page further for more salary and benefits information at Alerus Financial Corp.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Alerus Financial Corp Pay for Different Roles?BETA

At Alerus Financial Corp, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President & Chief Executive Officer positions at Alerus Financial Corp offer the highest average annual salary of $757,719, while Deposit Operations Specialist roles have an average annual salary of $28,959.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President & Chief Executive Officer $577,357 - $959,154 $757,719 Alerus Financial Corp
President $577,357 - $959,154 $757,719 Alerus Financial Corp
Executive VP & Chief Financial Officer $301,706 - $497,889 $395,042 Alerus Financial Corp
Senior Vice President, Operations $237,621 - $347,481 $288,326 Alerus Financial Corp
Vice President, Capital Markets $240,977 - $342,550 $286,495 Alerus Financial Corp
Chief Technology Officer $239,592 - $306,560 $271,756 Alerus Financial Corp
Vice President, Finance $204,630 - $293,930 $243,729 Alerus Financial Corp
Chief Compliance Officer $187,709 - $257,756 $221,735 Alerus Financial Corp
Chief Credit Officer $181,412 - $261,966 $216,038 Alerus Financial Corp
Senior Vice President $166,082 - $222,947 $193,916 Alerus Financial Corp
Senior Credit Officer $157,185 - $206,909 $188,058 Alerus Financial Corp
Business Development Director $164,026 - $200,875 $183,769 Alerus Financial Corp
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Alerus Financial Corp Overview

Website:
alerus.com
Size:
500 - 1,000 Employees
Industry:
Financial Services
Revenue:
$200M - $500M
About:
Alerus Financial offers business and consumer banking products and services, residential mortgage financing, employer-sponsored retirement plan and benefit administration, and wealth management including trust, brokerage, insurance, and asset management. Alerus Financial was founded in 1879 and is h...

Most Common Benefits for Alerus Financial Corp

Aside from the base salary, Alerus Financial Corp offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Alerus Financial Corp

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Alerus Financial Corp ’s peer companies.
Automotive Finance Corp New York Mills, MN $86,760 - $112,428 Company Salary Range $99,035 Average Company Salary
Credit Human Federal Credit Union San Antonio, TX $91,397 - $118,439 Company Salary Range $104,330 Average Company Salary
Beneficial Bank Red Bank, NJ $106,086 - $137,462 Company Salary Range $121,091 Average Company Salary
Hanmi Financial Corp Los Angeles, CA $108,075 - $140,145 Company Salary Range $123,401 Average Company Salary
LegacyTexas Group Inc Plano, TX $96,565 - $125,231 Company Salary Range $110,258 Average Company Salary
Homestreet Inc Seattle, WA $105,252 - $136,499 Company Salary Range $120,184 Average Company Salary
National Bank of Egypt New York City, NY $114,636 - $148,668 Company Salary Range $130,901 Average Company Salary
Central Pacific Financial Corp Honolulu, HI $99,580 - $129,133 Company Salary Range $113,707 Average Company Salary
Axos Bank San Diego, CA $102,961 - $133,523 Company Salary Range $117,568 Average Company Salary
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FAQs About Alerus Financial Corp Company

1. How much does Alerus Financial Corp in the United States pay?

Alerus Financial Corp pays its employees an average of $97,885 per year. The average salary at Alerus Financial Corp range from $85,725 to $111,172 per year. President & Chief Executive Officer jobs at Alerus Financial Corp earn the most with an average annual salary of $757,719, while Deposit Operations Specialist jobs earn the least with an average annual salary of $28,959.

2. Do Alerus Financial Corp employees get a higher salary than other similar companies?

The salary at Alerus Financial Corp is lesser than National Bank of Egypt. The highest salary package reported for an employee at Alerus Financial Corp is $111,172 per year, meanwhile the highest salary package reported for an employee at National Bank of Egypt is $148,668 per year.

3. How much does Alerus Financial Corp pay compared to National Bank of Egypt?

The average annual salary at Alerus Financial Corp is $97,885, or an hourly wage of $47, in comparison to National Bank of Egypt which pays $130,901 per year or $63 per hour.

4. Which job skills can boost a Vice President, Finance salary at Alerus Financial Corp?

Accounting, Accounts Payable and Analysis are key to a Vice President, Finance job at Alerus Financial Corp. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Alerus Financial Corp.

5. What is the lowest salary at Alerus Financial Corp?

The lowest paying job at Alerus Financial Corp is Deposit Operations Specialist with an annual salary of $28,959 or an hourly rate of $47.