Randy Louis Newman

President, Chief Executive Officer, Chairman of the Board at Alerus Financial Corp.

Randy Louis Newman

Randy Louis Newman

President, Chief Executive Officer, Chairman of the Board at Alerus Financial Corp.

Overview
Career Highlights

Alerus Financial Corp.
Alerus Investment Advisors Corp.

RelSci Relationships

690

Primary Location

Grand Forks, ND, United States

Number of Boards

19

Number of Awards

1

Contact Data
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Relationships
RelSci Relationships are individuals Randy Louis Newman likely has professional access to. A relationship does not necessarily indicate a personal connection.

Chief Strategy Officer & Executive Vice President at Alerus Financial Corp.

Relationship likelihood: Strong

Executive Vice President & Director-Banking Services at Alerus Financial Corp.

Relationship likelihood: Strong

Executive Vice President & Director-Wealth Management at Alerus Financial Corp.

Relationship likelihood: Strong

Chief Investment Officer at Alerus Financial Corp.

Relationship likelihood: Strong

Chief Business Officer at Alerus Financial Corp.

Relationship likelihood: Strong

Group President, Director-Sales & Services at Alerus Financial Corp.

Relationship likelihood: Strong

Chief Financial Officer at Alerus Investment Advisors Corp.

Relationship likelihood: Strong

President at Galeo Group LLC

Relationship likelihood: Strong

Former President at Virtual Systems, Inc.

Relationship likelihood: Strong

Portfolio Manager, Fixed Income at Alerus Financial Corp.

Relationship likelihood: Strong

In The News
Star Tribune (Minneapolis, Minnesota)
August 20, 2019
Alerus aims to raise $75M in IPO
Star Tribune (Minneapolis, Minnesota)
October 3, 2017
A real heartbreaker
Marketline Newswire
February 24, 2017
Alerus Financial announces management changes
Star Tribune (Minneapolis, Minnesota)
September 23, 2015
Alerus Financial to acquire Beacon Bank
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You
Randy Louis Newman
President, Chief Executive Officer, Chairman of the Board at Alerus Financial Corp.
Education
MBA

An exciting educational experience awaits you at the University of North Dakota in Grand Forks, North Dakota, one of the top 100 doctoral research universities in the United States. Whether you want to pursue your academic goals or develop interests in leadership, recreation, spirituality and more, the university has opportunities for you. The university offers an exciting student life, providing more than 200 student clubs and organizations with varying interests from Greek life to campus crusades for Christ. There’s always something happening on campus, such as career fairs, creative writing events, philanthropy services, international food festivals and much more. Academics at the school include more than 300 undergraduate, master’s and doctoral programs, including the renowned School of Aerospace Sciences, which trains some of the world’s best pilots. Since UND is a top research school, many instructors are worldwide leaders in research and offer students opportunities to assist them with their work. Admissions require students to complete an application and submit official transcripts and ACT/SAT scores. Tuition is set lower for North Dakota residents. Students who complete a FAFSA early receive top consideration for institutional scholarships and grants. Other financial aid options include federal grants, direct loans, work-study programs, institutional employment and more.

Memberships
Career History
President, Chief Executive Officer, Chairman of the Board
1981 - Current

Alerus Financial Corp. engages in the provision of business and consumer financial products and services through its subsidiaries, Alerus Financial NA and Alerus Securities Corp.. Its products and services include retirement plans, philanthropic giving, financial and estate planning, education funding, trust and fiduciary services, private banking, check loans, mortgage, savings, and personal loans. The was founded in 1933 and is headquartered in Grand Folks, ND.

President & Chief Executive Officer
1981 - Current

Alerus Investment Advisors Corp. specializes in reducing portfolio volatility through strategic asset allocation, diversification within each asset class and the ongoing use of risk management software.

Boards & Committees
Chairman, Board of Directors
1999 - 2007

Federal Home Loan Bank of Des Moines engages in the provision of home loans. It operates as a partner to community and commercial banks, credit unions, thrifts, insurance companies and community development financial institutions throughout Iowa, Minnesota, Missouri, North Dakota and South Dakota. The firm offers readily available, low-cost liquidity to local lenders in all economic cycles. The company was founded on October 31, 1932 and is headquartered in Des Moines, IA.

Chairman, Education Committee
Prior
Member, Board of Directors
Prior

Altru Health System provides healthcare services. The company operates healthcare centers for surgical, ear, nose, throat, cancer, cardiovascular, women's health, and rehabilitation services. It has offices in North Dakota and Minnesota. Altru Health System was founded in July 1997 and is headquartered in Grand Forks, ND.

Vice Chair
Tenure Unconfirmed

TO MAINTAIN LEADERSHIP IN ENTREPRENEUR OUTREACH AND EDUCATION, AND BECOME THE LEADER IN TECH ENTREPRENEURSHIP IN RURAL AMERICA.

Director
Current

Federal Reserve Bank of Minneapolis

Transactions
Details Hidden

Alerus Financial Corp. raised money in a private placement transaction

Awards & Honors
CFP (Certified Financial Planner)
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