U.S. Bank announces management changes

Randall Cupp
Steve Gunderson

Randall Cupp, a banker with almost 30 years of experience, has been named market president for U.S. Bank in Grand Junction.

Steve Gunderson, regional president for the bank in Western Colorado, has announced his retirement from a nearly 50-year career in the industry.

Cupp will continue to work out of the U.S. Bank branch in downtown Grand Junction. In addition to his duties as market president, Cupp will lead commercial business activities in Grand Junction as well as Aspen, Glenwood Springs and Montrose.

U.S. Bank operates 22 branches in Western Colorado.

“U.S. Bank customers will benefit from his depth of banking experience and service to the community through civic and nonprofit organizations,” said Bill Burns, a president who will oversee the combined Western Colorado and Summit I-70 regions.

Cupp began his banking career with U.S. Bank in 1986 and has worked in various roles, including relationship manager and commercial banking team leader.

He holds bachelor’s degrees from Truman State University in Missouri as well as a master’s degree in international economics from the University of Wollongong in Australia.

Cupp belongs to a number of organizations, including the Colorado Mesa University Department of Business advisory board, Grand Junction Commission on Arts and Culture and Grand Valley Catholic Outreach. He also organizes the Colorado Pork & Hops people’s choice fund-raiser for the United Way of Mesa County.

Gunderson expects to retire at the end of June after a 46-year career in banking. He’s served as regional president since since 2004.

“We will certainly miss Steve and his incredible dedication to his team, U.S. Bank and our customers,” Burns said. “We are grateful to Steve for his leadership and years of service and dedication to the community.”

Gunderson joined U.S. Bank in 1983 in Boise, Idaho, following a 16-year stint at Seattle First National Bank. Prior to relocating to Grand Junction, Gunderson worked as vice president of the commercial banking team in Boise.

In Grand Junction, Gunderson was involved with the Grand Junction Area Chamber of Commerce and served as chairman of the Grand Junction Economic Partnership board of directors. He also served as president of Colorado Discover Ability. Gunderson was involved with the Boy Scouts of America for more than 40 years and served as Western Colorado council president and on the Western United States executive board and national finance committee.