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Denali State Bank Appoints Lundgren President and CEO

FAIRBANKS, Alaska – Ja   January 4, 2012 – Denali State Bank Board of Directors recently announced the appointment of Steve Lundgren as bank president and CEO following the retirement of former President and CEO Jo Heckman, who will remain active as a board member.

Lundgren has over 30 years of experience in the financial services industry, including 28 years in the Fairbanks area.  He joined Denali State Bank as Executive Vice President in 2008 and has been functioning in a transitional role since July. 

Lundgren formerly worked for both Mt. McKinley Bank and Key Bank.

He began his career as a branch manager in Oregon after receiving his degree in finance and business administration from Oregon State University in 1978.

“I am happy to be living in the Fairbanks area with my family and I look forward to being a part of Denali State Bank’s continuing role in the community” said Lundgren.  “Denali State Bank is proud of its roots as a ‘locally owned community bank’ and I’m excited to continue building on that foundation.”

Lundgren plans to promote Denali State Bank’s local presence as a business and mortgage lending bank while maintaining its ongoing commitment to providing top-notch customer service with an emphasis on community outreach.  

Founded in 1986, Denali State Bank currently has five branches throughout Fairbanks, including a branch in Tok Junction.   The bank continues to maintain its status as a locally owned community bank, and provides a full range of financial services.  More information can be found at www.denalistatebank.com

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