At Northwest Bank, we think it’s important that you know who you’re working with. Take a moment to browse through our Team and Board of Directors to put a face with the name when you come in to see us.
Thomas R. Walsh
President & CEOLocation: Perryville Office Division: Executive Committee Phone: (815) 987-4550 Get in touch with me
As Northwest Bank’s President and CEO, Tom Walsh is responsible for leading the bank, making sure its strategic plan is implemented successfully and reporting to the bank’s Board of Directors about the bank’s financial performance, risk management and staff development. Tom also takes great pride in representing the bank to local businesses and in the Greater Rockford Community.
With his wife Karen, Tom has three adult children-- Austin, Tyler and Hewitt-- and a dog named Max. He is actively involved in several local causes, including serving as Chairman of the Board of Trustees for SwedishAmerican Health System, as well as several other community non-profits and organizations across northern Illinois. He is a fan of the Green Bay Packers, but splits his loyalty between Big Ten Conference teams when he cheers for the Wisconsin Badgers and Michigan Wolverines since he attended both the University of Wisconsin and University of Michigan.
Chief Financial OfficerLocation: Perryville Office Division: Executive Committee
A member of the Northwest Bank since 2011, Therese Matzelle serves as the bank’s Chief Financial Officer. In that role, she is responsible for providing leadership for a variety of areas at Northwest Bank, including finance, accounting, compliance and operations. Therese is a graduate of Northern Illinois University, where she received her Bachelor of Science in Accountancy.
Therese has worked in community banking for 25 years, including 3 years of public accounting at Crowe Chizek (now Crowe Horwath, LLP) auditing banks and financial institutions in their Financial Institutions Specialty Group. Therese enjoys volunteering at Habitat for Humanity, where she spent an entire summer building a home for a deserving family in Marengo, Illinois.
Assistant Vice President Branch Leader
NMLS# 947178Location: Perryville Office Division: Personal Banking Phone: (815) 312-5606 Get in touch with me
Jennifer Borg joined Northwest Bank in July of 2018 as the Branch Leader of our new Perryville location. In April of 2019, she added the role of Branch Leader of our Loves Park location as well. With over 15 years of experience in Retail Banking, Jennifer strives to give customers the best experience possible while assisting with their financial needs. Jennifer is a 2018 graduate of Leadership Rockford through the Rockford Chamber of Commerce.
Senior Vice President, Director of Business Banking
NMLS# 1417284Location: Perryville Office Division: Business Banking Phone: (815) 489-1929 Get in touch with me
Terry Rosenberger is Northwest Bank’s Director of Business Banking. He is responsible for providing guidance and leadership to a talented commercial banking team that consults and delivers optimal banking products and services that fit the client’s need.
Terry’s employment in the banking industry has afforded him a wide array of previous opportunities including: Commercial and Investment Banking, Asset Management, Treasury Services, Private Banking and Mortgage.
Terry is married. He and Renee have high school twins, Sofia and James, and two English Labrador retrievers, Angel and Gracie. He volunteers time to Catholic Charities and the American Cancer Society.
Assistant Vice President, Cash Management Leader, Sales Associate Leader
NMLS# 1049379Location: Perryville Office Division: Business Banking Phone: (815) 489-1920 Get in touch with me
Sheryl Haberle has been part of the Northwest Bank Team since 2001. In her current role, she is responsible for overseeing the bank’s cash management services and assist our business Customers in tailoring financial strategies to help take their business to the next level.
Sheryl enjoys spending time with her family and her dog. When it comes to sports, she cheers for teams from Wisconsin, especially the Green Bay Packers and the Milwaukee Brewers.
Senior Vice President, Senior Relationship Manager
NMLS# 1159333Location: Perryville Office Division: Business Banking Phone: (815) 489-1936 Get in touch with me
A member of the Northwest Bank Team since 2012, Kent Kohlbacher takes pride in the hands-on approach Northwest Bank takes in helping local business Customers. Kent works to build and maintain relationships with high-quality, local companies and their management teams, creating a positive experience that will help Northwest Bank continue to develop new relationships through referrals.
A self-described avid golfer, Kent loves taking in the outdoor recreation opportunities and amenities that Rockford offers. That love of local recreation led Kent to join the Rockford Park District Foundation Board. Kent enjoys cheering for the Chicago Bulls and Chicago Bears.
Senior Vice President, Senior Relationship Manager
NMLS# 1159334Location: Perryville Office Division: Business Banking Phone: (815) 489-1921 Get in touch with me
Craig Carlson, Senior Relationship Manager, works with local business owners to provide a consultative approach that offers unique and optimal solutions for their business banking needs. Craig handles all types of business credit, including real estate and equipment loans, working capital lines of credit, and SBA loans. He also has a variety of cash management and deposit product solutions that provide efficiency and convenience.
Craig is married to Lynn, a Registered Nurse, and has 2 daughters, Cassie and Allie, who are both Registered Nurses. Craig is active in the community, serving as Chairman of the Board for the Parks Chamber of Commerce and as President of the Board for the Literacy Council. He is also a mentor in the Black Male Initiative through the United Way, and does volunteer work with the YMCA Strong Kids Campaign. A lover of music, Craig has written and recorded two CDs in recent years.
Vice President, Relationship Manager
NMLS# 944023Location: Perryville Office Division: Business Banking Phone: (815) 986-4917 Get in touch with me
Rob Gillette joined the Business Banking team at Northwest Bank in April of 2016 as Vice President, Relationship Manager. Rob has more than 20 years of banking experience, including working with commercial customers in the Northern Illinois area for more than 15 years. He has developed great relationships with his customers by working to ensure that their needs are being met and ultimately that their business is successful. His experience with Equipment Loans, Lines of Credit, Small Business Administration and Commercial Real Estate are a great addition to the Northwest Bank team.
Rob is a life-long Rockford area resident. He volunteers for several local organizations including the Stateline Chamber Board, Stateline Chamber Ambassador, Stateline Chamber Golf Play Day Committee, and he is a baseball coach at the Rockford Boys and Girls Club. He and his wife are the parents of one son, and share their home with their dog Millie. When he is not coaching his son in baseball and basketball, working in the yard, or spending time with his family, Rob is cheering on the Chicago Cubs, Chicago Bears, Chicago Blackhawks and the University of Notre Dame.
Business Development RepresentativeLocation: Perryville Office Division: Business Banking Phone: (815) 986-4914 Get in touch with me
Steve McKeever joined the Business Banking team of Northwest Bank in June 2017. He works with local business owners to onboard their current and future business banking needs. He was the President and Owner of two successful local businesses for 39 years where he developed business relationships with small to multi-state businesses throughout the Rockford and surrounding areas. As a former business owner, Steve is well equipped to listen, analyze and match each customer’s business needs with a member of his team of business banking specialists to help them meet and exceed their customer’s goals. Steve was born in Rockford and graduated from Northern Illinois University with a BS in Business Administration. In June of 2009 he became a Board of Director of Northwest Bank. He is married to Theresa Ferguson, who works as a CPA in Chicago. He is a big fan of collegiate wrestling and a fan of Chicago Cubs and the Chicago Bears.
Business Sales Associate
NMLS# 1447436Location: Perryville Office Division: Business Banking Phone: (815) 986-4912 Get in touch with me
Kristina joined the Business Banking Team as Sales Associate in April 2019. Kristina started at Northwest Bank in 2012 as a Part-Time CSR. She moved into a Universal Banker position in 2015, CSR Leader in 2016, and became Branch Leader of the Loves Park office in 2018. Kristina has moved to different locations with each change of her position. Kristina thrives on providing exceptional Customer Service to provide Customers with the best product to help meet their financial needs.
Kristina married her husband Don in September of 2014. They spend their winters cheering on the Rockford Ice Hogs and enjoy their summers outdoors with their two dogs Roscoe and Layla.
Business Sales Associate
NMLS# 1615131Location: Perryville Office Division: Business Banking Phone: (815) 489-1935 Get in touch with me
Barb has been a team member at Northwest Bank since March 2017. Barb has over 10 years of experience supporting business Customers and Business Banking Teams. In her role, Barb will be working closely with the Relationship Managers and Customers to ensure that they receive great service and that their banking needs are met.
Barb enjoys spending time with family and her cat, Oscar. Barb’s hobbies include going to auctions, cooking, and needlework.
Rockton Avenue Office
Senior Vice President, Chief Credit OfficerLocation: Rockton Avenue Office Division: Executive Committee Phone: (815) 489-1938 Get in touch with me
David Norton joined Northwest Bank in 2009 and currently serves as Chief Credit Officer. In that role, David oversees bank-wide credit risk management and develops the bank’s lending policies and procedures. David also manages the bank’s credit risk program and special asset resolution processes, which makes sure the bank’s loan portfolio is well-maintained and responsibly managed.
David is very active with charitable causes, not only in the Rockford Area, but across the northern Illinois area. He has served on numerous boards and committees, including causes for the United Way of America, the American Cancer Society, the Boys & Girls Club of Rockford and the American Institute of Banking.
Vice President of Retail Banking
NMLS# 654299Location: Rockton Avenue Office Division: Personal Banking Phone: (815) 489-1717 Get in touch with me
J.T. has been a Team Member at Northwest Bank since 1998. His experience includes Consumer, Commercial and Mortgage lending. In his current role, J.T. provides leadership for the Retail Banking Team at all four bank locations. J.T. is a 2003 graduate of Rockford University, where he received his Bachelor of Science in Business Administration.
J.T. is involved in several local charities, including Share Fest, Project 1013 and the Northern Illinois Food Bank. He also serves as Treasurer on the Board of Directors for two non-profit organizations. He and his wife, Rhey-Ann, have two daughters, Layla and Kira. J.T. also enjoys cheering for the Chicago Bears and the Chicago Bulls.
Machesney Park Office
Assistant Vice President Branch Leader
NMLS# 443705Location: Machesney Park Office Division: Personal Banking Phone: (815) 986-4922 Get in touch with me
Joe began his career in banking in 2001 after earning his Bachelor of Science in Business Management from Maranatha Baptist University. He joined the Northwest Bank team in February 2018 as the Branch Leader of the Machesney Park location. Joe helps his team provide top tier customer service and assist our customers by finding the perfect blend of products and services to help meet their financial goals.
Joe and his wife, Tracy, have three sons. They stay active by supporting their children’s varied sports and activities and working with the youth at their local church. In his free time, Joe enjoys sports, camping and woodworking.
East State Office
Assistant Vice President, Branch Leader & Pinnacle Plus Club Leader
NMLS# 654302Location: East State Office Division: Personal Banking Phone: (815) 847-5001 Get in touch with me
Artice Kudalis joined the Northwest Bank team in 2010, and has been providing our Customers with the best possible banking experience ever since. Her wealth of experience comes from 30 years of banking experience, including branch and project management responsibilities. As a leader for the bank’s Retail Team, she is responsible for developing relationships with the bank’s Customers with a focus on a warm and friendly customer service experience by helping them find the right solution for their banking needs.
Artice and her husband, John, have five children and seven grandchildren that they love to nurture and, at times, spoil. Artice also actively supports organizations sponsored by Northwest Bank. On weekends, she loves spending time with her family, boating, decorating, cooking and cheering for the Iowa Hawkeyes.
Vice President, Indirect Lending Relationship ManagerLocation: East State Office Division: Indirect Lending Phone: (815) 847-5012 Get in touch with me
Pat Peterson was born and raised in Rockford. In fact, he grew up 2 blocks from the Rockton Avenue facility. Pat started his banking career in 1984 at Northwest Bank. He rejoined the bank in June 2018 to expand the banks’ products and enter into Indirect Lending business. Pat will be working closely with the local car dealerships to provide financing of customers’ automobile purchase. Pat has more than 34 years of banking experience, most recently managing the indirect loan department and the retail division of a local bank.
Pat completed the Graduate School of Banking program in Madison Wisconsin and presently serves on the Winnebago County Animal Shelter Auxiliary board.
Pat and his wife Lisa have two adult children, Rob and Michael, and six grandchildren.
Pat enjoys spending time with his family and following the Chicago Cubs and Bears. Pat also enjoys music and was the drummer in the band Clutch Cargo for 19 years.
Indirect Lending OfficerLocation: East State Office Division: Indirect Lending Phone: (815) 316-5406 Get in touch with me
Scott Mortensen joined Northwest Bank in March of 2019 as an Indirect Loan Officer. He has over 30 years banking experience in the Northern Illinois region. Scott will be working with the local auto dealers as Northwest expands the banks products in the Indirect lending business. He has served on numerous boards and committees, including United Way, Belvidere YMCA Strong Kids Campaign, Boone County Planning Commission, Growth Dimensions of Boone County and the City of Belvidere Library Board. Scott has two children, Kristin is a Registered Nurse with OSF St. Anthony and Eric is a Civil Engineer living in Kansas City. Scott likes to golf and travel and cheer for the Chicago Bears.
Financial AdvisorLocation: East State Office Division: Investments Phone: (815) 489-1729 Get in touch with me
Marc is the lead financial advisor at Foresight Financial Investment Services – a shared division of German American State Bank and Northwest Bank of Rockford. He has more than 22 years of experience in the securities industry, mainly in the bank investment services channel. He earned a Bachelor of Science degree in Finance from Illinois State University. He has the FINRA Series 7, 63, and 66 securities licenses, as well as state life and health insurance licenses. Marc enjoys working with a team of professionals, both inside and outside of the bank, each focused on doing their best. His favorite part of his role as financial advisor is to bring it all together for clients to make sure they get professional advice tailored to help them accomplish their long and short-term financial goals. Marc was born and raised in Rockford and still lives there with his wife, Amy, and teenage children, Evan, Jonathan, and Julia. In his free time, he enjoys fishing for musky, hunting, and watching his kids play soccer.
Foresight Financial Investment Services is a shared division of German American State Bank (GASB) and Northwest Bank of Rockford (NWB). Securities are: not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the depository institutions; subject to investment risks, including possible loss of the principal amount invested. Securities, Insurance, and Investment Advisory Services are offered through Midwestern Securities Trading Company, LLC (MSTC). Member FINRA/SIPC. MSTC is not affiliated with GASB or NWB.
Northwest Bank Mortgage
Vice President, Mortgage Banking Leader
NMLS# 299280Location: Northwest Bank Mortgage Division: Mortgage Banking Phone: (815) 713-2205 Get in touch with meApply Now
As Vice President of Mortgage Banking, Amy Bruscato leads Northwest Bank’s Mortgage Team to ensure Customers receive the best possible experience. Amy works with our Customers on home purchases, home refinancing, and home improvements. She also ensures the bank’s Team has the necessary resources to serve Customers, while supporting other divisions within Northwest Bank.
Amy is a graduate of Boylan High School and attended Loras College where she earned a Bachelor of Arts in Communication. She enjoys spending time with her husband, Joe, and their blended family of four. On weekends, she likes to travel to Galena, Illinois or attend a Cubs game in Chicago.
Mortgage Loan Originator
NMLS# 1740968Location: Northwest Bank Mortgage Division: Mortgage Banking Phone: (815) 713-2224 Get in touch with meApply Now
Sherry comes to Northwest Bank’s Mortgage Team with 20 years of local title and real estate experience. As a familiar face to many, Sherry is looking forward to helping buyers to own their very first home and to helping existing homeowners meet their current and future financial needs. Sherry is married to Ryan, and they have a blended family with three preteen children. Sherry’s hobbies include cheering their children on in sporting events, enjoying quality family time together, crafts, scrapbooking, upcycling old items and cooking.
Business Development Mortgage Specialist
NMLS# 509210Location: Northwest Bank Mortgage Division: Mortgage Banking Phone: (815) 986-4932 Get in touch with meApply Now
I started in Banking in 1977 and moved into the mortgage side of it in 1987. I was born and raised in Rockford. I have two grown boys both are in the Banking industry. My oldest, Jordan, is the Chief Risk Officer for Old Second Bank in Aurora. My youngest, Corey, is in the mortgage area at Blackhawk Bank. I love spending time with my family and as much time as possible with my new grandson, Quin. In my spare time outside of family, I enjoy running, photography, art and working out. I love building deep relationships with my clients and my new role with Northwest Bank will allow me to assist in Business Development with the Commercial and Retail departments as well as originate mortgages.
Mortgage Loan Originator
NMLS# 1773080Location: Northwest Bank Mortgage Division: Mortgage Banking Phone: (815) 713-2213 Get in touch with meApply Now
Kelsey Thruman joined the Northwest Bank Mortgage Team in February 2018. She has had numerous positions in the mortgage industry in the last five years, this includes Compliance, Processing, Loan Assistant, and now Mortgage Loan Originator. Kelsey’s primary responsibility is helping customers navigate through their financing options that will best suit their financial needs. She is the younger of two siblings. Kelsey likes to spend her free time with her family, friends, and dog. She takes a lot of pride in her three nephews and loves cheering them on in their sporting events.
Mortgage Loan Originator
NMLS# 1930874Location: Northwest Bank Mortgage Division: Mortgage Banking Phone: (815) 986-4934 Get in touch with meApply Now
Letty joins Northwest Bank after years in the Real Estate industry. She is committed to using her vast array of industry knowledge and bilingual skills to provide a positive experience for her clients. Letty is dedicated to providing excellent service to the Greater Northern Illinois Community that she has called home for the last 20 years. Letty has a wonderful husband, Jason, and enjoys spending time with her 4 wonderful children and 2 beloved dogs. She also bakes professionally.
NMLS# 755040Location: Northwest Bank Mortgage Division: Mortgage Banking Phone: (815) 986-4921 Get in touch with meApply Now
Shawna comes to Northwest Bank’s Mortgage department with over 20 years of lending experience in community banking. She is committed to using her years of knowledge to ensure a great experience for all her customers whether they are purchasing their first home, refinancing their existing home or working on home improvements. She is looking forward to serving the Northern Illinois area and is dedicated to providing exceptional personalized customer service.
Shawna is a graduate of Freeport High School, received her Associate of Arts degree from Highland Community College and Bachelor of Arts degree in Communications from Illinois State University. She has a wonderful husband, Paul and her daughter Kaitlin is working on finishing her education to become a chiropractor. When she is not busy at work, she loves spending time with her family, traveling, gardening and reading books.