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• Vol. 16 No. 1 Des Moines, Iowa April 20,1987 Reflections from Washington, D.C. By BEN HALLER, JR. Publisher ^ 0 • • • • • free and independent individuals, yet gives us the framework within which we work in concert to accom plish those matters we deem to be for the common good. And, it is through this ingenious mechanism of our Congress, which gives us the right to select those who will repre sent us in this process, that we can have a direct impact on the direction of our nation’s future for the coming year and for decades to come. P OLLOWING the Congressional legislative process always takes on added meaning when it can be observed first-hand through a visit to Washington, D.C. This is espedally true when one can visit the na tion’s capital in the springtime. The cleansing force of spring rains brings freshness not only to the magnificent display of budding flowers and trees, but a visible freshness to the step and very life of this vi brant world center of power. After enduring a winter as severe as this past one, everyone in the capital seems to blend more in tune with this resurgence of life itself in the 70-square mile area called the District of Columbia, which con tinues to stand tall as the beacon of freedom and hope for millions of peo ple throughout this world. And, it is this freedom to express one’s self, this hope of improving what we have, that continues to draw thousands of us daily and throughout the year to this center of We have two opportunities per power where 535 men and women sonally to affect this unique process. can enact or alter the rules which The first is through our own per govern our daily lives in our 50 inde- sonal ballot through which we exer pendent states. This is, indeed, a cise our prerogative to select those process to be treasured, for it is the who will represent us. The second is lifeblood that allows us to remain through our freedom to keep in touch with those we elect in order to let them know our opinions on pro posals facing the Congress for de bate or vote. These 535 representa tives in the Congress are fine-tuned to these personal contacts and con sider them thoroughly as they make their serious decisions that affect all 275 million (or more) of us. Given this marvelous process that is unequalled elsewhere, it is sad, indeed, to know that among us are those who cannot find or take the time to exercise their preroga tive of communicating with their Congressmen on issues as they arise, but often are the most vocal critics. However, those who do partici pate fully in the process find a great inner satisfaction in knowing they have done their part; they have ful filled their duties as responsible citi zens. And, the enjoyment of fulfill ing that responsibility becomes even more exhilarating when one is privi leged to come to this beautiful cen ter of world power and watch the process in action. It reaches an even higher level of fulfillment when one can take part in the process. It’s even better when one can achieve this in the spring! New life, new opportunity, true continuing freedom abound in this enigma of red tape which is overwhelmed by the presence of the 535 who repre sent us, our elected President, and FirsTier. More o f what it takes Correspondent Services to serve you well. ^ Bank, N.A., Lincoln and FirsTier Bank, N.A., Omaha, Members FDIC Digitized forFirsTier FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis F ir Uncoln • Omaha 2 Norwest Bank Des Moines, N.A. Call (515) 245-3131 or toll-free (800) 362-2514 NORWEST BANKS Member FDIC Yearn work: one of the reasons we’re first in Iowa. Richard Pederson the White House whose very sight stirs great emotions. Washington in the Spring—mil lions of cherry blossoms, thousands of tulips and budding trees, the Washington monument, Abraham Lincoln and Thomas Jefferson still watching there to give inspiration and strength to those who seek moments of meditation with them! From all these experiences we real ize that our legacy as a citizen of this great nation is not just to enjoy life, liberty and the pursuit of happiness, but that all this is counter-weighted with the solemn sacred responsibili ty of seeing that this unique process, that holds the rights of each indivi- Dennis Earhart MNB Correspondent Banker Together We Can Accomplish Great Things dual as fundamental and foremost, will continue for our children, our grandchildren and the generations yet to be born here or who come to our shores for asylum. God, it is truly inspiring, yet humbling, to be blessed with life in America! □ I BAA Elects Officers Thomas H. Olson, president of Lisco State Bank, Lisco, Nebr., was advanced to the presidency of the Independent Bankers Association of America at the 57th annual conven tion in Orlando April 3. He succeeds Charles T. Doyle, CEO, Gulf Na tional Bank, Texas City, Tex., who becomes chairman of the IBAA board. J.R. Nunn, president, Citizens Bank of Tucumcari, N.M., was ad vanced to president-elect, and O. Jay Tomson, chairman and CEO, Citizens National Bank, Charles City, la., was named vice president. Continuing as treasurer is Merle L. Graser, chairman and CEO, First National Bank, Venice, Fla. Kenneth A. Guenther, is execu tive vice president and head of the IBAA Washington, D.C. office. Iowa News The 1987 National Association of Bank Women State Conference, hosted by the South Central Iowa NABW Chapter, will be held M ajf 11-13 at the Marriott Hotel in Des Moines. Registration begins at 7:30 a.m. on the 11th. That day will be dedicated to Leadership Briefing and Development. On the 12th, ses# sions begin at 8:30 a.m. and run un til 3:00 p.m., with social hour at 6:00 and a banquet at 6:30. On the 13th, sessions run from 8:45 until 2:00. The conference will feature educato# and psychologist Charlene Bell, author Rita Davenport, consultant Gary Maas, First Interstate of Des Moines President Robert G. Millen, a panel discussion, and three concur# rent workshops. Fee is $150 for the full conference, $100 for the 12th, $75 for the 13th and $12 for lun cheon on the 11th. To register con tact Peggy Fox, Mahaska S ta t# Bank, P.O. Box 500, Oskaloosa, IA 52577. GILMAN: Terry R. Collins has been elected president of Citizens Sav^ ings Bank. He has been with the bank for ten years, most recently as executive vice president, cashier and trust officer. Mr. Collins succeeds Donald Arendt, who has opened ^ consulting firm, Arendt Manage ment, Inc., in Montezuma. Mr. Arendt will remain active at the bank as chairman of the board. WAPELLO: Last week’s issue in® correctly stated that Richard Buenneke has been named president of the State Bank of Wapello. Mr. Buenneke actually continues as president of Iowa National Bank® which recently received Comptroller of the Currency approval to move its charter into Wapello and maintain an office in Morning Sun, where it has been located many years.® Ownership and management of State Bank of Wapello continue un changed, with A.T. Wollenhaupt as chairman, and his son, Kent A._ Wollenhaupt, as executive v i e * president. For Professional C orrespondent Service Call 1-800-622-7262 Call 319-398-4789 or toll free 1-800-332-5991 Strength of Eastern |owa Merchants National Bank IS https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ThereJs A Difference In Banks... Valley National Bank & Main Office * Sixth and Walnut DES MOINES, IOWA 50304 A BANKS OF IOWA BANK Member FDIC JAMES F. MacLEAN Vice President H. PETER DeROSIER Vice President • BANKERS AVAILABLE NJ-1 AG/COMMERCIAL LENDER—“ You won’t find many young bankers who have this kind of overall banking ^ knowledge and diversified loan experience,” states a re cently retired supervisor. Five years in banking; currently responsible for 60% of commercial loans and 40% of ag. Handles SBA’s and FmHA guarantees, also in charge of the investment portfolio for this $50mm bank. Started out in 0 smaller bank in operations (including all reports, book keeping and teller functions) and ag lending. “ Diligent, stable, aggressive, perceptive, and enthusiastic about banking; a very outgoing, well-liked young man with a great future in store.” B.S. Finance, attended Graduate • School of Banking and Compliance School, experienced with computers. Prefers NE or IA location. $28-$30,000. NJ-2 CONSUMER/COMMERCIAL LENDER—Nearly 10 yrs. in banking; the first 8 primarily in consumer, and past 2 in ^com m ercial area. “ Works hard, pays attention to detail, ® gets along well with staff and customers. Very sharp ap pearance and a good communicator,” reports supervisor. Due to a drop in loan volume, his position is being elimi nated; he’s able to relocate his family and begin new job in ^ short order. Attended college plus bank schools in retail w credit, compliance and commercial lending. $26-$28,000. NJ-3 AG LOAN OFFICER—Ten years in ag lending, but offers cjjversified experience in consumer loans (through rural home loan program), and deals with many investor-moti• vated borrowers not dependent on agricultural income. Formal training in appraisals, credit admin., supervisory and sales skills, and licensed in crop hail and multi-peril in surance. References say, “ Don’t pass him by as ‘just one of the many’ Farm Credit people on the market today— • he’s one of the BEST! I’ve worked with many of them, but none that stack up to him.” B.S. Ag (graduated with honors). Lives IL, but open on relocation. Will take salary cut for the right opportunity. $30,008. NJ-4 L0ANS/MANAGEMENT—Eight yrs. total bank experi ence, now serving as #2 officer in $25mm bank. Respon sible for branch office, $6mm in loans and supervision of staff. Spent five yrs as #2 in ag dept, of large bank. Now works with installment, real estate, and main street com mercial loans as well as ag. Handles SBA and FmHA gua rantees. B.S. Bus. Admin. Grad. School of Banking, Ag Credit School, adept with personal computers, and holds insurance licenses. “ An excellent loan officer, keeps on top of past dues and collection problems, thorough docu mentation, and can bring in choice new accounts,” relates reference. $30-$35,000. NJ-5 ASST. LOAN OFFICER—Mature, with 15 yrs. credit man agement experience, good references, and VERY REA SONABLE SALARY REQUIREMENTS. Fourteen yrs. in re tail credit, past year as Asst. L.O. in bank, working with problem loans and FmHA guarantees. Employer says, “ Has done his job well; was very instrumental in reducing our classified loans and improving our bank’s rating; the examiners complimented his files and documentation. He learns quickly and works hard. I hate to lose him, but he’s basically worked himself out of a job—reduced loan volume is eliminating several employees at my banks. He and his wife are intelligent people and make a good public impression. I recommend him without reservation.” B.A. degree. Prefers E. NE, W. IA, S.E. SD, S.W. MN. $22,000. NJ-6 JR . AG LOAN OFFICER—You must meet him to appreci ate what a pleasant and valuable addition he’d be to your bank’s staff. Has a great personality and attitude, and eagerness to learn. Offers 2 yrs. current experience as Farm Credit loan officer, and MASTERS degree in Ag. Must have central IA location due to wife’s career; will relocate within 30 mi. radius of Ames or Des Moines. $20 , 000. We serve as the source to locate candidates who meet your qualifications and are interested in your bank, community, and salary range. We are available to assist, but allow and encourage your direct contact with our candidates. You make the choice and decision, without pressure. JEAN EDEN 712/779-3567 Hwy. 92 W., Box 140 Massena, IA 50853 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Our fee is paid by the employer and is based on a percentage of the first yearfs compensation. All placements are guaranteed. A complete explanation of our services, fees, and guarantees will be sent at your request. SANDI GARNER 515/394-5827 Hwy. 63 S., Box 307 New Hampton, IA 50659 NJ-7 COMMERCIAL LOAN OFFICER—Currently employed (for past 4 yrs.) by one of nation’s leading bank holding com panies. Responsibilities include development, evaluation and maintenance of business lines of credit and term loans. In charge of $5mm loans to wholesalers, high tech companies, contractors, and small retail businesses. De veloped over $3.5mm in new business last year. Extensive training in commercial loans, asset conversion, financial statement analysis, sales, pricing commercial loans, real estate, LOTUS 1-2-3 and FAST software. Numerous awards and recognitions in banking. B.A. Finance. Wants NE, IA, MO, CO location. $25,000. NJ-8 AG/COMMERCIAL LOAN OFFICER—Four years in bank ing, in charge of $6mm ag and $1.5mm main street com mercial loans. Very successful in getting FmHA guaran tees accepted. Excellent references: “ One of the most competent and efficient loan officers I’ve seen, and so pleasant to work with.” Holds all insurance licenses, col lege degree, and several job related seminars. Prefers NE or W. IA. $20,000 + bonus. NJ-9 CONSUMER LOAN OFFICER—18 years lending experi ence, emphasis in consumer area, but past 3 yrs. handling commercial and real estate duties also. In banking for last 10 yrs. In charge of large consumer portfolio, supervision and training of jr. lenders. Impressive work record and re ferences, available soon due to sale of bank. Attended col lege, IA Commercial Lending School, Bank Mgmt. School. $20 , 000. NJ-10 PROFESSIONAL FARM M A N A G E R -E m ployed by $100mm bank as Sr. Farm Mgr. for 10 yrs. Manages • 10,000 acres row crops, several hog confinement opera tions and beef cattle herds. B.S. Ag Econ., Accredited Farm Mgr., Appraiser. $24,000. NS-11 CASHIER—Extremely good with numbers. Enjoys working with computer, does call reports and P and L • statements. Offers ten years experience. A reference says, “ A good number cruncher.” Completed various banking school courses. Graduated college with double major in business and economics. $20,000. _ NS-12 ASST. CASHIER—“ I have nothing but good things to • say about this individual: he’s ambitious, conscientious, and a team player,” quoting the president who originally hired him. Excellent with customers, straight forward but not abrasive. Wrote a program to put the bank’s budget on ^ the computer on his own initiative. $25,000 to $20,000. ^ NS-13 PRESIDENT—Major area of strength is loan adminis tration. Good communication with employees: knows banking and is highly motivated. This former bank exami ner offers 15 years experience. Is a professional individual ^ who has the ability to analyze, restructure and negotiate ^ problem lines of credit. College graduate. $45,000. NS-14 EXECUTIVE VP—Eleven years of experience, has at tended numerous banking schools and has expertise in all areas of banking. “ An extremely motivated, bright indivi- f dual who can communicate with anyone,” quoted his former V.P. “ Knowledgeable, fair and honest,” were all comments made by references. Univ. of IL graduate. $40,000. POSITIONS AVAILABLE 1. VICE PRESIDENT—Take charge of $ 10mm quality ag loan portfolio in pro fitable bank. President/owner needs #2 officer who can handle responsibility, make decisions, and develop busi ness. Excellent future, and salary growth opportunity (could lead to man agement), pleasant work atmosphere, great IL location. Requires 5 yrs. ag lending experience, a confident, self starting individual with good sense of humor. $30-$35,000 plus bonus. 2. ASST. VICE PRES—$50mm IA bank, near college. Strong capital structure, progressive community, independent school system. Work with ag and in stallment loans. Requires 2-5 yrs. lend ing experience, good computer skills. $20-$25,000 + full benefits. 3. VICE PRESIDENT-Oversee 3 branches of S.E. SD bank. Very clean loans. Good opportunity to grow with plans for expansion. Requires 5 or more years bank experience in all types of loans, knowledge of opera tions, and management skills. Super vise 2 officers and staff. $28-$35,000 + profit sharing. 4. AG LOAN OFFICER-Serve as #2 offi- 712/779-3567 https://fraser.stlouisfed.org Hwy. 92 W., Box 140, Massena, Iowa 50853 Federal Reserve Bank of St. Louis cer in independently run $50mm unit bank of large group. No major loan problems, bank in good position to grow. Beautiful facility, great recreation area, located minutes from several metro areas in Wl. Requires a mini mum of 5 yrs. ag lending experience. Advancement potential, regular salary increases. $25-$33,000 + pension and full insurance. 5. CONSUMER LOAN 0FFICER-$65m m IA bank, town of 10,000. Emphasis on consumer and student loans, but could utilize real estate or ag lending skills and operations experience. 2-5 yrs. bank exper. required. $20-$25,000. 6 0PERATI0NS/C0MPTR0LLER— $50mm bank in town of 6500. Could be #3 officer, depending on exper. Must have strong operations and ac counting skills, know computers, asset/ liability mgmt., tax and compliance areas. Will develop and prepare mgmt. reports, supervise 5-15. Investment knowledge helpful. Requires 7-12 yrs. exper. $28-$37,000 + . 7. CASHIER—$30mm IA bank, county seat town. Requires 2-7 yrs. experi ence handling reports and operational apri CAREERS, INC. functions. Loan and/or insurance ex per. a plus. $24-$32,000. 8. PRESIDENT—$25mm bank, county ^ seat town. Strong ag lending and bank operations experience required. To $50,000 + car. 9. VICE PRESIDENT—Assume duties of £ #2 officer in profitable $22mm bank, next door to town of 100,000. Take charge of healthy loan portfolio, develop new business. 4-12 yrs. ag lending required, knowledge of com- 4 mercial loans helpful. $27-$33,000. 10. AG LENDER—$30mm bank, W. MN. Strong and stable ownership. Requires 3-8 yrs. ag lending exper., college degree, farm background. Commer- • cial and/or consumer knowledge help ful. $25-$34,000 + profit sharing Incen tive program. 11. SR. VICE PRES—Take over adminis- _ tration of $100mm diversified loan port- • folio. 15-20 yrs. experience in similar capacity required, strong commercial and management skills. To $60,000. 12 COMMERCIAL LOAN 0 FFIC ER -# 3 in # department. Must have 3-5 yrs. exper. handling large commercial loans to businesses. $35-$40,000. 515/394-5827 Hwy. 63 S., Box 307, New Hampton, Iowa 50659 IOWA BANKERS PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HA VE YOUR PREMIUMS SKYROCKETED? We have been solving Bankers bonding problems for over 75 years . . . AND AT THE LOWEST POSSIBLE PREMIUM! CALL OR WRITE IOWA BANKERS INSURANCE AND SERVICES, INC. 104 EAST LOCUST STREET DES MOINES, IOWA 50308 1-800-532-1423 or (515) 286-4344 KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TOPEKA, KANSAS 66601 (913) 234-2631 SOUTH DAKOTA BA NKERS PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HA VE YOUR PREMIUMS SKYROCKETED? Are you FORCED to write one type of insurance with a company at a higher premium, just so they will write another type of policy for you? IF SO... PLEASE CONSIDER THIS We have been solving Bankers bonding problems for over 75 years . .. AND AT THE LOWEST POSSIBLE PREMIUM! CALL OR WRITE KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 TOPEKA, KANSAS 66601 (913) 234-2631 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * 3 • three locations in April entitled “ Mortgage Processing for Profit.” The program covers all phases of mortgage processing, from pre qualifying the buyer to closing. Dates and locations are: April 28— Hilton Inn, Lisle; April 29—Holiday Inn-South, Springfield; April 30— Ramada Hotel, Mt. Vernon. For more information, contact the IBA. Minnesota News EDINA: John D. McDonald has been elected president of First Bank Edina. He succeeds H. Scott Hut ton, who has assumed new duties as ^manager of the southwest consumer market for the metropolitan First Banks. Mr. McDonald has been as sociated with First Bank System since 1959. He served most recently ®as senior vice president, small busi ness division, at First Bank Southdale. W isconsin News MINNEAPOLIS: Thomas A. Hay0den, a vice president and director of Allison-Williams Company, has been elected senior vice president and director. He joined the company in 1981 in municipal sales. EAU CLAIRE: Thomas E. Saffert has been elected a vice president at First Wisconsin National Bank. Mr. Saffert previously worked as vice president of business banking at First Wisconsin—Rice Lake. • S T . PAUL: Gerald H. Thole has been elected president of First Bank Security. He succeeds Rodell L. Hofland, who has been elected president ^ of First Bank Grand, also in St. 9 Paul. Mr. Holland's predecessor at First Bank Grand, David A. Zelin sky, has assumed new duties as southeast consumer market man^ ager for the metropolitan area First Banks. Mr. Thole most recently served as vice president, small busi ness division, at First Bank St. Paul. He has been associated with ^ First Banks since 1973. Mr. Hofland has been with First Banks since 1967. MADISON: James J. Mueller and Richard J. Walters have been named vice presidents of Valley Trust Com pany. Mr. Mueller will manage the employee benefits and corporate trust services division. He has been with Valley Trust for one year, most recently as an assistant vice presi dent. Mr. Walters will be responsi ble for sales and marketing of per sonal trust services. He joined Valley Trust in 1986. COLORADO SPRINGS: Dr. Wil liam Stone has been elected vice president and marketing director of Colorado National Bank—E x change. He recently retired as a lieutenant colonel with the U.S. Air Force, having served as chief of long range planning on the Air Staff at the Pentagon. DENVER: Patricia P. Holmes has been named vice president of United Bank of Denver. She has been with the bank since 1972 and is a cash management product manager. We Can Help With Your Employment Needs! South Dakota News SIOUX FALLS: Marshall A.MacKay has been elected vice president and cashier with the South Dakota regional staff of First Bank of South Dakota. He joined the staff in 1984 as vice president and regional opera tions administrator. ST. PAUL: Lowell S. Gillem has joined American National Bank of • St. Paul as vice president—compen sation and employment. He was an independent human resource consul tant for the past five years, and has also worked in a variety of human w resource functions at Pillsbury, Gould, Inc., Honeywell, and Dow Chemical. Specialists in Bank Recruiting and Consulting Since 1971 □avid L. Hansen, CCP HAMILTON Colorado News Four economists from the Federal Reserve Bank of Kansas City will bring their views about the economy to financial executives and other business leaders across Colorado Illinois News ^ during May. Dr. Glenn Miller, Dr. Bryon Higgins, Dr. Mark Drabenstott and Dr. Charles Morris will ad dress the regional and national economy, as well as monetary policy issues and state banking develop ments. Dates and locations are May 4—Ft. Morgan, May 5—Greeley, May 6—Colorado Springs, May 7—Lamar, May 11 and 12—Denver, May 13—Grand Junction, May 14— Durango. For more information, contact the Kansas City Fed at (816) 881-2683. The Illinois Bankers Association will sponsor a one day seminar at Confused About How A Bank Consultant Can Help You? Jack Canaday and Associates, Inc. would like to help answer your questions. Call us (4 0 2 ) 551-7005 ASSOCIATES 100 Court Ave., Suite 3 0 6 Des Moines, Iowa 5 0 3 0 9 51 5/2 8 2 -0 2 2 1 <^Ho[d.EX and cz^ fiiociatsi Bank Consultants Specializing in Bank Acquisitions 515-232-0814 P.O. Box 450 405 Main Ames, Iowa 50010 D o n a l d E. H o l d e r , Principal SERVING THE UPPER M ID W E ST Appraisals, expert opinions and other management services R egency RECRUITERS, INC. S W O R D S A S S O C IA T E S . IN C . PR O FESSIO N AL B AN K IN G CONSULTANTS 4900 OAK https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SUITE 301 KANSAS CITY, MO 64112 (816) 753-7440 Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 Estate Appraisals Purchase of Collections POSITION AVAILABLE SR LENDER needed for newly acquired $52MM Bank. Posi tion could lead to President. 8-10 Yrs. experience pre ferred. Top salary and benefits. Send resume to File No. WIP c/o Northwestern Banker. (PA) Reliable and respected service for over 20 years AG LOAN OFFICER. $23MM community bank seeking someone with 2-3 yrs. ag lending exp. Hiring replacement for a recent retirement. Excellent position for a person on the way up the career ladder. Micro computer exp. helpful. Contact Larry Wangrud, Box A, New Sharon, IA 50207. (515) 637-4196. (PA) Used by bankers throughout the midwest POSITION WANTED Sale o f Rare Coins Ben E . Marlenee Coins 913 Locust D es M oines, Iowa 50309 515-243-8064 MID LEVEL BANK OR LOAN OFFICER. Prefer Iowa. Strong ag bank credit. Presently FDIC employee in commercial loans. Installment experience. $2.5MM portfolio. Experi ence in liquidation, documentation & farm management. ISU/Ag business finance. 1 yr. with central Iowa farm busi ness. Salary negotiable. Contact Jeff J. Muff, 5002 Chi cago St., Omaha, NE 68132. (PW) FOR SALE RECONDITIONED BRANDT Coin Sorters-Counters BRANDT Currency Counters New Warranty 402-571-5577 NEW OPPORTUNITIES AG LOAN position for a promotable ag lender with severed years experience.....................................................To $30,000 COMMERCIAL LOAN POSITIONS. Prefer college grads with two to five years experience......................... To $55,000 EDP AUDITOR with two or more years EDP audit experi ence. IBM, DOS, MVS............................................. To $30,000 Financial Careers • (Division of Freeland Financial Service, Inc.) 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6462 Employer pays fee. Please contact Lorraine Lear concerning these and other Midwest banking opportunities. a Immediate opening for a LOAN BUSINESS DE VELOPMENT OFFICER in a $60MM independently owned bank in northwestern Illinois. Individual will work in loan, public relations, and business development. Must be outgoing, personal, aggressive and have the ability to work with a super bank team. Excellent community with good schools and several churches. Individual selected must have sales, marketing and loan banking experi ence and be committed to hard work. Team ap proach management. Excellent opportunity. Send resumes, references, and salary requirements to: Personnel Officer, First Nat’l Bank of Galena, 115 Perry St., Galena, IL 61032. Please, no phone calls and applicant must apply directly without an in termediary. All inquiries are strictly confidential. A £ POSITIONS AVAILABLE Serving bankers quietly and efficiently. SENIOR LENDER CAPITAL PERSONNEL SERVICE Ready to join a top performing bank group? A $25mm bank, 30 minutes from Twin Cities needs a senior lender with 5 + yrs ag/com’l lending exp. This is an opty to be part of the executive mgmt team! To$40K. Job#NW1496. 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 EXECUTIVE VP POSITIONS AVAILABLE AG LOAN OFFICER/DAIRY V.P. • CASHIER— Need in-house computer experi ence + cashier experience. Central Iowa. $30K. Looking for that next career step? A $15mm bank in West a W l seeks an ag loan officer with 2 + yrs dairy exp. Must b e ^ a strong cash flow lender. Ready to hire! To $25K.Job #NW1498. CEO— Need 10-15 years in management and busi ness development. Loan background helpful. Iowa. To $70K + Bonus. All fees are paid by our client employers. Richard L. Beam, CPC GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 68154 Phone: 402/330-3260 Member National Personnel Associates We’re Nationwide DON-iB c HOOLER AND i jl o m ) ASSOCIÂTES In "Successful Banking is Quality Personnel" POSITIONS AVAILABLE CONTROLLER, comes from billion dollar frame work, division head background.................. $80,000 CREDIT REVIEW OFFICER, $100mm + , college town, top bank................................................ $25,000 POSITIONS WANTED SR LOAN OFFICER Key position! #1 lender at ag bank in metro suburb seeks 5 yrs bank lending and strong mgt skills. Offers growth po tential, rural living and access to a metro area. $33K. COMMERCIAL LENDER Aggressive, successful bank in prosperous market, seeks 6 yr banker w/2 yrs comm’l lending. Will work w/mid-market customers, portfolio is in excellent shape. $38K. AG LOAN OFFICER 2-3 yrs ag lender who has had bank exp wanted for well mgd cty seat bank. Will share $10m portfolio w/2 others and work directly w/president. $27K. FOR FURTHER INFORMATION CONTACT KUFTT ROSENCFIANTS ROBERT HALF accounting, financial and edp personnel specialists 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID £ Are you short on exp but ready for a mgmt spot? This hold ing company is looking for a strong cash flow lender with 3 + yrs ag lending exp. A great springboard opty with a small bank located in Central MN. To $35K. Job #NW1497. COMMERCIAL LENDER w/secondary r.e. mkt. knowledge, 20,000 + pop., rated 2. .. .$32-$35,000 WORK OUT SPECIALIST, large credits only, metro area.................................................................. $50,000 VP,$80mm bank, 1 rated, strong ag & bus dev. . . . ........................................................................ $35,000 PRESIDENT, $40mm, heavy ag, strong community relationships...................................................$55,000 FOR MORE INFORMATION CONTACT PAUL GENTZKOW OR JEAN TODD ROBERT HHLF • OF MINNESOTA, INC. accounting, financial and edp personnel specialists 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 ALL FEES COMPANY PAID_______f POSITIONS AVAILABLE COMML LOAN - $50MM suburban bank with excellent growth and earnings history. Handle majority of commer cial credits. Report directly to President. $38K CEO - suburban de novo bank. Experience as CEO or C O O _ required. Strong commercial loan and business develop-E ment skills desired. Open C O M M E R C IA L VP, e x p e rie n c e from $300,000-$3mm, degreed, 5 years min. .. .$44,000 LOAN REVIEW - large urban bank affiliated with major midwestern holding company. Degree and 2-3 yrs. loan review/workout experience desired. $30K COMMERCIAL VP, 6-figure background w/strong r.e., top metro bank, $100mm.................$40-$43,000 TRUST OFFICER - medium size community bank with growing trust dept. JD preferred but not mandatory. $ 2 7 K ^ SVP, #2, lake area, strong ag, strong bus dev, 2 rated, $50mm.................................................. $45,000 COMML LOAN - $100MM community bank. Supervise c o m -^ mercial lending function. Future advancement possible. $45K PRESIDENT, $35mm, under 3,000, solid group, strong cattle & dairy.......................................$55,000 AG LENDER, blue collar town, PCA or FLB back ground, near major metro & univ...........$35-$40,000 DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417) 882-2265 Additional positions available in midwestern states for experienced bankers. TOM HAGAN & ASSOCIATES 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” VoL 16 No. 1 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden ? u te I201’ D?®JMo ne8.’. ,owa 50309>(515) 244-8163. Subscriptions $1.00 per copy, $24.00 per year. Second class postage paid at A ,ess al1 ""“ N subscriptions, changes of address (Form 3579), manuscripts to Northwestern Banker, 1535 Linden St., #201, Des Moines, Iowa 50309. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0
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