Alerus Completes Acquisition of Metro Phoenix Bank
Transaction Represents Largest Bank Acquisition in Alerus History Alerus Financial Corporation (“Alerus”) announced it has completed the previously announced acquisition of MPB BHC, Inc. (OTCPink: MPHX), the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank headquartered in Phoenix, with......