AREA BUSINESS NEWS: Tornado aid from Choice Financial ... Altru Bariatric Center honored ... Alerus targets Arizona ... Tech honors for Ripley, AgriData
Tornado aid from Choice Financial Choice Financial locations recently participated in various fundraising events to aid victims of Parkersburg, Iowa, where an F5 tornado destroyed a large portion of their community. Events held in September inclu...
Tornado aid from
Choice Financial locations recently participated in various fundraising events to aid victims of Parkersburg, Iowa, where an F5 tornado destroyed a large portion of their community.
Events held in September included a school supply drive and an employee jeans day for charity, where funds raised were matched by the bank.
Proceeds went to the employees of Midwest One Bank and Iowa State Bank who lost their homes. Overall, Choice Financial employees and community contributors donated more than $2,000 in donations and school supplies.
Altru's Bariatric Center, Grand Forks, recently was named a Bariatric Surgery Center of Excellence by the American Society for Metabolic and Bariatric Surgery. The designation recognizes surgical programs with a demonstrated track record of favorable outcomes of bariatric surgery.
Alerus Financial Corp., a multibillion-dollar financial services company in the upper Midwest, will have a majority ownership position in a de novo national bank in Phoenix. The charter for the new bank, which will be called Alerus Bank & Trust, is subject to regulatory approval. Operating as a community bank, the primary focus will be on the small business market.
Until the banking organization receives its charter, Alerus Financial will establish a loan production office through which it will originate a range of small business, commercial and real estate lending products. The long-term goal of Alerus Bank & Trust is to provide a complement of business and consumer products and services including deposits, lending, financial planning, trust, investments and wealth management.
The management team will include Ward Hickey III, Jim Miller and Bill Young, each with extensive knowledge and specialties in the market. Hickey III has 22 years of banking experience with in-depth knowledge of small business and SBA lending and production. Miller has 28 years of experience with expertise in credit and risk management. Young has been in the banking industry for 30 years with special emphasis in accounting and financial management.
Arizona has been Alerus' third largest market following the Red River Valley in North Dakota and Minneapolis respectively. Alerus Financial's most recent bank market expansion was in Minneapolis in 2006.
Six of North Dakota's leaders in information technology will be recognized for their achievements in and contributions to North Dakota's information technology industry at 11 a.m. Tuesday at the Fargo Holiday Inn.
The award winners presented by the Information Technology Council of North Dakota include Eric Ripley of Grand Forks, Red River High School for Outstanding Achievement in Education, and AgriData in Grand Forks for Innovative Business User of Technology.
The North Dakota Parks and Recreation Department will be awarded Outstanding Achievement in digital government.