Meet Our Board of Directors

Jack-GustavelJack Gustavel, Chairman

Chairman of the Board and Chief Executive Officer of the Bank. Mr. Gustavel has 54 years of banking experience and served as the President and Chief Executive Officer of The First National Bank of North Idaho (“FNB”) from 1974 until its merger with First Security Bank, now Wells Fargo, in 1992. Prior to joining FNB, Mr. Gustavel was employed by Idaho First National Bank, now U.S. Bank, as a Vice President. He received his Bachelor of Science Degree in Business from the University of Idaho in 1962 and graduated from Pacific Coast Banking School in 1972. Mr. Gustavel has been active in both civic and professional organizations. He is on the Board of Directors of Blue Cross of Idaho and was its Chairman from 2004 to 2010. He has also served as President of the North Idaho College Foundation and served as a Director of the Portland Branch of the Federal Reserve Bank of San Francisco from 1978 to 1984. In addition, Mr. Gustavel has been a Director of the Idaho Association of Commerce and Industry, a Director of Avista Corporation, a Director of Mines Management, Inc., President of the Kootenai County Division of the American Heart Association, Treasurer of the Idaho Bankers Association, and was a member of the Comptroller of the Currency Regional Advisory Committee for the Thirteenth National Bank Region.


Rick-DAmbrosioRick D’Ambrosio

Richard D’Ambrosio is the Director of eCommerce for Agribeef Company, headquartered in Boise, Idaho and has held that position since 2013. Mr. D’Ambrosio has over 18 years of experience managing business to consumer ecommerce, including strategy, design, content, merchandising, management of technical and administrative operations, social media, and optimization of demand generation. Before joining Agribeef, Mr. D’Ambrosio was Director of eCommerce of PACT Apparel, LLC, Vice President of Marketing and eCommerce with Scottevest, Inc., and eCommerce Manager of Lexar Media and Crucial Technology, both divisions of Micron Technology. Mr. D’Ambrosio graduated in 1993 from the University of Idaho with a Bachelor of Science in Advertising and Communications and received a Masters of Business Administration degree from Northwest Nazarene University in 2006. Mr. D'Ambrosio is a past supporter of the global crowd funding platform, IndieGoGo, and WholeFoods Market's WholeKids Foundation.


Roy-ElgurenRoy Eiguren

Director of the Bank.  Roy Eiguren is the Managing Partner of the Eiguren Ellis Public Policy firm based in Boise, Idaho.  He regularly represents clients before departments and agencies of state and federal governments and has served as a campaign and political advisor to senators, congressmen, governors, and others.  As an attorney, Mr. Eiguren has worked with several law firms, including Givens Pursley, LLP, as a senior partner.  He is a member of the Idaho State Bar, Idaho State Supreme Court Bar, and U.S. Supreme Court Bar.  Mr. Eiguren currently serves as a Director of Gold Torrent Mines and is Advisory Board Chairman for Tolsma USA, an international agricultural manufacturer.  Prior to entering private law practice in 1984, his public service included: Special Assistant to the Administrator and CEO of the Bonneville Power Administration of the U.S. Department of Energy, Chief of the Legislative and Administrative Affairs Division of Idaho’s Attorney General Office, Deputy Secretary of the State of Idaho, and Ada County Deputy Prosecuting Attorney.  Mr. Eiguren is a former Director of Avista Corporation, American Red Cross of Idaho and Montana, and the Foundation for Idaho History.  He has been Chairman of the Boise Metro Chamber of Commerce, Chairman of the Idaho State Capitol Commission, and President of the American Basque Association.  Mr. Eiguren received Bachelors of Art Degrees from the University of Idaho in Political Science in 1974 and Law in 1977.  He is a graduate of the Executive Management Program of Dartmouth College's School of Business Administration and attended Georgetown University College of Law.


Kurt-GustavelKurt Gustavel

President and Chief Operating Officer of the Bank. Mr. Gustavel has over 25 years of banking experience, including over 22 years with IIB and three years with West One Bancorp, now U.S. Bank. He received his Bachelor of Science Degree in Business Information Systems from the University of Idaho in 1991 and is a 2004 graduate of the ABA Stonier Graduate School of Banking. Mr. Gustavel formerly served on the Board of Directors of the Idaho Banker's Association ("IBA") and was a member of the IBA Public Affairs Committee. He also served on the Endowment Land Transaction Advisory Committee, in an advisory role to the Idaho State Board of Land Commissioners. Mr. Gustavel is currently active in the Young Presidents Organization and serves as the Treasurer of the Idaho Chapter. He is the former Secretary-Treasurer and a member of the Board of Directors for the Idaho Community Banker's Association. Mr. Gustavel is a past member of the Precision Computer Systems Advisory Committee.


Jerry-JaegarJerald J. Jaeger

For over 40 years, Mr. Jaeger has been President and Co-Owner of Hagadone Hospitality Co., which is headquartered in Coeur d'Alene, Idaho. Hagadone Hospitality owns and operates a number of resorts, inns, and hospitality facilities in the Pacific Northwest, including the Coeur d'Alene Resort Golf Course and The Coeur d'Alene Resort on the Lake. Mr. Jaeger is past President of the Coeur d'Alene Chamber of Commerce, the Idaho Innkeepers Association, Kootenai County United Way, and served as a member of the Idaho 2010 Olympic Committee. He was selected as the first Chairman of the Idaho Travel Council, and from 1982 to 1992, he served on the Board of Directors of The First National Bank of North Idaho. Mr. Jaeger is a 1970 graduate of Washington State University. He was named by the Governor of Idaho as the outstanding Tourism Individual of the Year in 1987 and is a recipient of the Alumni Achievement Award of his alma mater.


Alicia-RitterAlicia A. Ritter

Alicia A. Ritter is the owner and president of Ritter Public Relations, located in Boise, Idaho. She has 25 years experience as a senior public relations and marketing strategist, corporate director, and board leader. She was an owner in Deen+Black Public Relations, headquartered in Sacramento, California with offices in San Diego, Los Angeles and San Francisco. Deen+Black was the state's largest independently owned public relations agency when it was acquired by Britain's WPP Group and merged with Ogilvy Public Relations Worldwide. Ms. Ritter served as a managing director for Ogilvy and as a member of the U.S. management team. She holds a Bachelors degree in communication from the University of California, Davis, and a Masters Degree in advertising from Northwestern University's Medill School of Journalism. She is a member of the National Association of Corporate Directors, where she serves on the Northwest Chapter Advisory Board and is Chair of the Boise Program Advisory Committee. She also serves on the Boards of Idaho Business for Education and the Foundation for Idaho History. Ms. Ritter is a former Chairman of the Board of the Arid Club of Boise, and chaired the executive, membership and events committees. She has served on more than a dozen not-for-profit boards.