Press Release

Keith McCormick Earns CRC Designation

Release date: 11/16/2017

Beloit, WI, November 16, 2017 - First National Bank and Trust Company (FNBT) is pleased to announce that Keith McCormick, Commercial Banker in the Monroe, Wisconsin market, has recently earned the Credit Risk Certification (CRC) designation from the Risk Management Association (RMA), a professional association serving the financial services industry.

Photo of Keith McCormickIn the rapidly changing banking industry, credit and lending professionals play a critical role in shaping the risk profile of their banks. The CRC professional designation for credit and lending professionals demonstrates a commitment to the industry and a level of industry knowledge that has been recognized by an objective, outside organization. Historically, only 65% of banking professionals who take the exam pass.

"Earning the CRC designation validates Keith's experience and depth of education which translates to providing Sound Advice to our clients," said Steve Schneider, FNBT's senior vice president and commercial banking officer. "His expertise and commitment to excellence will help FNBT achieve our future success."

To be eligible to sit for the rigorous exam, candidates need a minimum of three years banking experience with credit risk and be familiar with:

  • Evaluating a client's industry, markets, and competitors
  • Assessing a client's management ability
  • Completing accurate, ongoing, and timely client financial assessments
  • Assessing the strength and quality of client/sponsor cash flow
  • Evaluating collateral values, including collateral inspections
  • Identifying repayment sources, and structuring and documenting credit exposures
  • Dealing with problem loans and actions
For more information about the RMA and the CRC professional certification, visit

First National Bank and Trust Company is a family-owned, community bank headquartered in Beloit, Wisconsin. Chartered in 1882, First National Bank and Trust Company now serves nearly 30,000 households in 13 communities and 16 locations in Southern Wisconsin and Northern Illinois with assets of approximately $1.2 billion.  Commitment to full service banking, investments, asset management, exceptional service, and Sound Advice has positioned First National Bank and Trust Company as a Stateline leader in the industry. For additional information, visit