Press Release


Jerry Ritzert Joins FNBT as Chief Financial Officer

Release date: 11/1/2021

Beloit, WI – David McCoy, President and Chief Executive Officer (CEO) of First National Bank and Trust Company (FNBT) is pleased to announce that Jerry Ritzert has joined the company as Executive Vice President (EVP) Chief Financial Officer (CFO).

Photo of Jerry RitzertIn this role, Ritzert will be responsible for the overall financial management of the bank, aligning financial goals and reporting with the bank’s strategic plan, assuring safe and sound risk management practices, leading the bank’s asset-liability committee, identifying process improvements, and communicating financial results to every team member at First National. He joins FNBT with 20 years of experience in the banking industry, most recently serving as CFO of Dollar Bank in Pittsburgh, Pennsylvania. Prior to that, he worked as Corporate Controller for Northwest Bancshares in Warren, Pennsylvania.

“I am excited to welcome Jerry to the First National Bank and Trust employee family,” said McCoy. “His knowledge and industry background in finance is a great value to the bank, and his contributions will play a major role in shaping the future of the company.”

A 1993 graduate of Robert Morris College in Pittsburgh, Pennsylvania, Ritzert earned a Bachelor of Science in Business Administration and Accounting. He went on to become a Certified Public Accountant, and later worked as a senior audit manager auditing banks for 10 years. He is a member of the Pennsylvania Institute of Certified Public Accountants (PICPA) and the Financial Managers Society (FMS).

Ritzert has been involved with various nonprofit organizations in the Pittsburgh area including board member of the Pittsburgh National Aviary and the YMCA in Warren, Pennsylvania, as well as a school board member for St. Joseph Catholic School in Warren. Ritzert is relocating to Roscoe, Illinois with his wife, Laure. He enjoys running, traveling and spending time with his wife and dog, a chocolate lab named Chuck.

As part of FNBT’s executive management team, Ritzert will participate in the overall management of the bank and will be based at the bank’s Operations Center located at 601 Third Street, Suite 300 in Beloit, Wisconsin.

About First National Bank and Trust:
First National Bank and Trust Company is a family-focused, community bank headquartered in Beloit, Wisconsin. Chartered in 1882, First National Bank and Trust has grown to be a leading financial services institution offering products and services for consumers and businesses, as well as trust, retirement services, investment management, brokerage and insurance. We now serve nearly 30,000 households in 13 communities and 16 locations in Southern Wisconsin and Northern Illinois with assets of approximately $1.4 billion. We treat our customers, employees, shareholders and communities like family, with a goal of helping all our families succeed. Providing Sound Advice and delivering an exceptional experience has positioned First National Bank and Trust as a Stateline leader in the industry. For additional information, visit www.bankatfirstnational.com.

First National Bank and Trust: “Give us a try. We’ll treat you like family.”