Alerus financial corporation and hmn financial, inc. receive stockholder and regulatory approval to proceed with merger

Grand forks, n.d. & rochester, minn.--(business wire)--alerus financial corporation (nasdaq: alrs) and its wholly owned subsidiary, alerus financial, national association, (together, “alerus”) announced today they have received all regulatory approvals necessary to complete the previously announced acquisition of hmn financial, inc. (nasdaq: hmnf) and its wholly owned subsidiary, home federal savings bank (together, “home federal”). the merger was unanimously approved by the board of directors.
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