First Federal Savings and Loan Association of Fargo
| Status: | Inactive as of 05/10/1991 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | First Federal Savings and Loan Association of Fargo, F.A. |
| Headquarters: | First Federal Savings and Loan Association of Fargo 325 Broadway Fargo, ND 58102 |
| Established: | 01/01/1880 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #28265 |
| Charter Class: | |
| Total Assets: | $50,013,000 |
| Total Deposits: | $51,170,000 |
History
| 1880-01-01 | Institution established: Original name:First Federal Savings and Loan Association of Fargo | |
| 1991-05-10 | Failed, went into receivership, and then became part of First Federal Savings and Loan Association of Fargo, F.A. (33409) | |
| 1991-05-10 | Institution established: Original name:First Federal Savings and Loan Association of Fargo, F.A. (33409) | |
| 1991-05-10 | Placed into government conservatorship. | |
| 1991-11-01 | Acquired after government financial assistance and subsequently operated as part of First National Bank North Dakota (3931) | |
| 1991-11-01 | Government conservatorship or bridge bank resolved. | |
| 1997-08-15 | Moved bank headquarters from FARGO, ND to GRAND FORKS, ND | |
| 2000-11-13 | Changed name to Alerus Financial, National Association (3931) | |
| 2007-01-20 | Acquired Alerus Interim, National Association (34096) in MINNETONKA, MN | |
| 2009-07-17 | Acquired BANKFIRST (34103) in SIOUX FALLS, SD as part of a government assisted transaction. | |
| 2009-11-06 | Acquired Prosperan Bank (35074) in OAKDALE, MN as part of a government assisted transaction. | |
| 2014-06-25 | Acquired Private Bank Minnesota (34144) in MINNEAPOLIS, MN | |
| 2016-01-16 | Acquired Beacon Bank (10581) in SHOREWOOD, MN |