FNBT Announces Leadership Promotions and Organizational Enhancements

Release date: 4/9/2025

Beloit, WI, April 09, 2025 – First National Bank and Trust (FNBT) has announced key leadership promotions and organizational realignments to strengthen its commitment to exceptional customer service and operational excellence. These strategic changes position FNBT to better meet the evolving financial needs of its customers while enhancing efficiency across all areas of the bank.

“Our strategic plan is centered around our customers.” said Don O’Day, President and Chief Executive Officer of FNBT. “As a local, independent bank, we are guided by our core values – Dependable, Approachable, and Resilient – and our promise to always be here for the people and businesses we serve. By aligning our leadership and teams more effectively, we are reinforcing our commitment to providing personalized service and financial solutions that support our customers at every stage of life.”
 
Executive Leadership Promotions

• Chelsea Ballou has been appointed Executive Vice President, Chief Banking Officer, overseeing all customer-facing functions, including consumer and commercial banking, service delivery, fraud prevention, and marketing. She will focus on fostering an exceptional service experience and ensuring alignment with FNBT’s strategic initiatives.
• Brian Goeller has been named Executive Vice President, Chief Technology, Innovation, and Operations Officer. He will lead FNBT’s back-office functions, including deposit operations, loan servicing, product management, information technology, and project management, building and delivering the bank’s operations and market facing capabilities.  

 
Senior Leadership Promotions and New Service Model Implementation
As part of its strategic transformation, FNBT has introduced a new service model to enhance the customer experience by ensuring that resources are effectively allocated across different customer segments. The following leaders will play key roles in this initiative:

• Kyle Lamb has been promoted to Senior Vice President, Chief Credit Officer, where he will continue to lead the credit services team, while also overseeing mortgage operations, underwriting, and collections.
• Dave Marshick, Senior Vice President, Director of Commercial Banking, leads FNBT’s commercial banking team, dedicated to supporting business customers with financial solutions that help them grow and succeed.
• JT Current, Senior Vice President, Director of Consumer Banking, oversees consumer relationship banking and mortgage lending, ensuring a personalized and high-touch experience for FNBT’s consumer customers.
• Deb Griffith, Senior Vice President, Director of Retail Banking, will oversee branch operations and the customer support team. Her focus will be on providing seamless, convenient service through in-branch, phone, and digital channels.
• Jennelle Olson, recently promoted to First Vice President, Relationship Banking Manager,will manage a team of relationship bankers throughout FNBT’s markets, serving as the primary point of contact for consumer relationship customers.
• Theresa Wendhausen, promoted to First Vice President, Director of Marketing & Communications, will lead FNBT’s strategic marketing and communications efforts, driving customer engagement and supporting the bank’s sales initiatives through the new service model.

 
Additional Promotions Supporting Bank Operations
FNBT has also recognized the contributions of several key team members who play a critical role in strengthening the bank’s internal operations and technology initiatives:

• Mike Montgomery, First Vice President Enterprise Architect, will lead the strategic development of FNBT’s technology framework, ensuring seamless integration of innovative banking solutions.

• Dale Falconer, Vice President IT Manager, will focus on optimizing IT infrastructure to support FNBT’s technology-driven initiatives.
• Kristen Jacobsen, Vice President IT Development Team Lead, will oversee the advancement of FNBT’s technology solutions to enhance operational efficiency and customer experience.

• Stacy Matuseski, Vice President Human Resources Manager, will continue to play an important role in talent development and employee engagement, ensuring FNBT remains a great place to work.

 
“These organizational enhancements reflect the strength and dedication of our leadership team,” added O’Day. “We have an outstanding group of leaders who are committed to upholding FNBT’s values and delivering on our promise to be always here for our customers. Their expertise, vision, and dedication will drive our continued growth and ensure we remain a trusted financial partner for generations to come.”

About First National Bank and Trust:
First National Bank and Trust, headquartered in Beloit, Wisconsin, has been a pillar of the community since 1882. With a rich history of customer-focused solutions, FNBT has evolved into a leading financial services institution, offering a comprehensive range of products and services for consumers and businesses, including trust, retirement services, investment management, and brokerage. Serving nearly 30,000 households across 13 communities and 17 locations in Southern Wisconsin and Northern Illinois, with assets of approximately $1.5 billion, FNBT is "Always Here" to understand individual customer needs, provide expert guidance, and offer the products, services, and support to empower everyone to thrive. This commitment to dependability, approachability, and resilience has established First National Bank and Trust as a leader in the industry. For more information, visit www.bankatfirstnational.com.