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Alerus Financial Promotes McConn, Doeden, and Carlson to Leadership Positions

Fargo, ND (June 26, 2014) — Alerus Financial is pleased to announce the promotion of Ann McConn to Executive Officer of the Wealth Management Division, Dan Doeden to Fargo/West Fargo Market President, and Bill Carlson to Market Manager — Relationship Management.

Ann McConn

As Executive Officer, McConn will lead the company’s Wealth Management Division including the areas of trust and investments, investment advisory services, securities, insurance, and financial planning. McConn previously served as Market President for Alerus’ Fargo/West Fargo market since 2002. Prior to this role, she spent 15 years working in trust and investments. McConn received a law degree from the University of North Dakota and a master’s degree in business from Minnesota State University. She also holds designations as a Certified Financial Analyst and Certified Financial Planner.

Dan Doeden

Previously Market President of Alerus Mortgage’s red river valley, Doeden will now oversee Alerus’ entire southern valley market as Fargo/West Fargo Market President. In his new role, Doeden will lead new business development through Alerus’ sales staff, relationship managers, relationship bankers, and personal bankers. Doeden will also manage customer service and retention, staff management, and community involvement for Alerus’ Fargo/West Fargo market. Doeden joined Alerus in 2004. He received a business administration degree with minors in finance and accounting from the University of Wyoming and is a recent graduate of the Colorado Graduate School of Banking.

Bill Carlson

Carlson has accepted a new role as Market Manager — Relationship Management where he will lead the sales activities of Alerus’ Fargo/West Fargo relationship manager team in working with all business lines including commercial and consumer banking, trust and investment management, financial planning, brokerage, and retirement plans. Carlson has over 26 years of commercial banking experience with Alerus and previously served as a Relationship Manager. He holds the Certified Financial Planner designation and received a business and finance degree from the University of Montana.

About Alerus Financial Corporation:

Alerus Financial Corporation is a diversified financial services company providing commercial and consumer banking, residential mortgage, insurance, trust and investment management, financial planning, brokerage, and retirement plan administration. Alerus provides these services through its wholly owned subsidiary bank, Alerus Financial, N.A., and its affiliates Alerus Investment Advisors Corporation and Alerus Securities Corporation. Alerus has banking offices in North Dakota’s Red River Valley, Minnesota’s Twin Cities, and Scottsdale, Arizona. Alerus also provides retirement services to clients across the nation.

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