Alerus Financial Corporation and HMN Financial Obtain Stockholder and Regulatory Approval to Move Forward with Merger

Alerus Financial Corporation and HMN Financial have secured approval from both stockholders and regulatory authorities to move forward with their merger. This significant step marks a pivotal moment in the collaboration between the two financial entities, enabling them to combine their resources and enhance their service offerings. The merger is expected to create a stronger organization equipped to better serve customers and navigate the evolving financial landscape. Details regarding the merger’s implementation and future plans are anticipated to be shared in due course.