Beacon Purchased by Grand Forks Bank
Alerus Expanding Minnesota Footprint.
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Grand Forks based Alerus Bank has announced its purchase of Beacon Bank.
Beacon Bank is based out of the Twin Cities, but has locations in Downtown Duluth and the Miller Hill Area.
The two companies don’t expect their merger to disrupt costomer service.
Duluth Market President Deb Otto says operations will be “business as usual” until after January 1.
That’s when customers can expect to see name changes and products and services added to Beacon’s current lineup.