Gunderson retires from US Bank

The president of US Bank in Grand Junction will step up next month and the current president of the bank’s western Colorado region will retire.

Randall Cupp will become market president and lead the bank’s commercial business activities in Grand Junction, Glenwood Springs, Aspen and Montrose.

Steve Gunderson, a 46-year banker who began his US Bank career in 1983 in Boise, Idaho, will retire June 30.

Gunderson has been involved in numerous civic and charitable organizations, serving on the state Councils for Economic Education in Washington, Idaho and Colorado and is an active member of the Grand Junction Rotary Club.

Gunderson served the Boy Scouts of America for more than 40 years and was recognized with the Silver Beaver and Distinguished Eagle awards. He also served as Western Colorado Council president and on the Western United States Executive Board and its national finance committee. He also was president of Colorado DiscoverAbility, served on the Grand Junction Area Chamber of Commerce and was chairman of the Grand Junction Economic Partnership board of directors.

Cupp serves as commissioner of the Grand Junction Commission on Arts and Culture, as a finance committee member for Grand Valley Catholic Outreach and as a member of the Colorado Mesa University Department of Business advisory board.

He is a community adviser and sponsor of Alpha Phi Omega petitioning group at CMU and an organizer of the Colorado Pork & Hops “People’s Choice” tasting fundraiser for United Way.

US Bank operates 22 branches in western Colorado and U.S. Bancorp (NYSE: USB), with $355 billion in assets as of March 31. It is the fifth-largest commercial bank in the U.S.


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