Chippewa Falls, WI – Northwestern Bank is entering a new era of leadership with the upcoming retirement of longtime President Gerald H. (Jerry) Jacobson, effective December 31, 2025. After 47 years of dedicated service, Jerry leaves behind a legacy of integrity, innovation, and unwavering commitment to community banking. He will continue to serve on the Northwestern Bank Board of Directors.
As part of this transition, the Northwestern Bank Board of Directors are pleased to announce that Tracey Smiskey, Market President of Eau Claire will assume the role of Chief Executive Officer, and Jamie Leibrandt, Market President, will serve as Bank President.
Darrin Senn, Chairman of Northwestern Bank Board of Directors shared more on the transition.
“Under Jamie and Tracey’s leadership, Northwestern Bank will continue to thrive as a trusted financial institution, building on its strong foundation of personalized service, community engagement, and operational excellence,” he said. “Both leaders are deeply committed to the values and vitality of the communities Northwestern Bank serves. Together, they bring a wealth of experience, strategic insight, and a shared passion for community-focused banking.
Incoming Northwestern CEO Tracey Smiskey shared her excitement for the new role.
“It’s an honor to step into this role following Jerry’s remarkable leadership. His dedication to our customers, employees, and communities has shaped the heart of Northwestern Bank. I’m honored to continue that legacy and lead with the same commitment to service and community impact.”
Incoming Northwestern Bank President Jamie Leibrandt shared thoughts as well.
“With over 25 years in commercial banking, I’ve seen firsthand how strong relationships and local decision-making make a difference. I’m proud to serve a bank that puts people first. Tracey and I are passionate about our community, and we’re ready to guide Northwestern Bank into its next chapter.”
The future of Northwestern Bank is bright. With a strong leadership team and a continued focus building stronger communities where people matter through operational strength, customer care and community values, the bank is well-positioned to serve future generations.
For more information visit our website northwesternbank.com.

About Northwestern Bank:
Northwestern Bank proudly serves the Chippewa Falls, Altoona, Eau Claire, Cornell, Thorp and Boyd communities. Committed to providing quality financial services and solutions, customers can expect to receive a high level of customer satisfaction under the mission, “Building Stronger Communities Where People Matter.” Member FDIC.