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Vol. 14 No. 1 Des Moines, Iowa Gam Hearings Start May 1 Sen. Jake Gam (Rep., Utah), will take up the financial institutions legislative package May 1. His Garn Bill was adopted 89-5 by the Senate last September, closing the non-bank loophole among other things. He has promised to pursue it vigorously again, along with comprehensive legislation designed to give clear policy direction to federal regula tors. Two of those regulatory bodies will be headed by new persons. Comptroller of the Currency C.T. Conover has announced his inten tion to leave that post May 4. FDIC Chairman William Isaac has an nounced his intention to leave, but has not set a definite date. Isaac, Martin Say State Insurance Funds Unneeded The concept of state insurance funds for financial institutions is un necessary in the view of two federal regulators. FDIC Chairman William Isaac blasted the funds in a recent speech, stating there was “no ex cuse” for them in view of the sound FDIC and FSLIC funds. Federal Re serve Board Vice Chairman Preston Martin expressed the same view point in a separate speech. Both comments related to the Ohio Deposit Guarantee Fund, which proved totally inadequate to meet the recent emergency when a deposit run on Home State Savings Association caused that Ohio s&l to April 22,1985 go under. The Ohio Governor had to close all of the state’s 70 other s&ls under a “bank holiday” mandate re cently, although most have since re opened. Most of the institutions are seeking insurance coverage now from FSLIC or FDIC. One thrift in Ottawa was merged with a Findlay Bank and its depositors now have FDIC coverage. Chase Bank and Chemical Bank, both of New York, are making bids to buy troubled Ohio thrifts to gain entry into the state and then convert them to commercial banks. The giant failure of E.S.M. Gov ernment Securities, Inc., of Ft. Lau derdale, Fla., led to the demise of Home State Savings. Another government securities firm failure, this one in New Jersey, has caused what could be as much as a $52 million loss for Arkansas’ larg est bank—Worthen Bank & Trust Co. of Little Rock. The $1 billion bank is reported to have lost most of its capital in the failure and it will have to be replenished by its holding company. A bank spokesman said its securities “disappeared” under the repurchase agreements with the failed firm. joined the staff as installment loan officer. MANCHESTER: The Comptroller of the Currency has rejected the ap plication to form American National Bank of Iowa in Manchester, a com munity of 4,641 population. Two banks, Farmers & Merchants Sav ings Bank and First State Bank, are located here. The application had been filed by two businessmen from Manchester and Masonville, along with John Young, Jr., of Fremont, Nebr., and Thomas L. Rozmarin of Young, Rozmarin & Company, Oma ha-based bank management and consulting firm. MARION: Farmers State Bank is sponsoring a preview of the 1985 Special Olympics to be seen on KCRG Television, Tuesday, April 23 at 7:00 p.m. The program will fea ture 1985 Special Olympics partici pants from seven counties in Iowa’s East Central District. Bank Vice President Dave Etzel commented, “We are pleased to sponsor this tele vision special which shows the cour age and heart of all Special Olym pics athletes. We hope those viewing the program will want to encourage the competitors by attending the Special Olympics competition on Sa Iowa News turday, April 27, starting at 11:45 HUMBOLDT: Steven Nielsen has a.m. at Kingston Stadium for track been promoted to vice president of and field events and 12:30 p.m. at Humboldt Trust & Savings Bank. Coe College for aquatic events. He assumes the duties of R.K. Mikelson, who recently resigned. SOMER: C.J. McConnell of Des Also at the bank, John Adams has Moines has been elected chairman of YAKE, SPRENGER AND JENNINGS Getting it done for you. ^ Ernie Yake Bill Sprenger Tom jennings 234-2483 234-2625 234-2484 Commerce Bank of Kansas city https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MEMBER FDIC Telephone (816) 234-2000 " NORW EST BANKS Hfl« M W Norwest Bank Des Moines, N.A. BANKING SPECIALISTS Call (515) 245-3131 or toll-free (800) 362-2514 LENDING • TRUST • OPERATIONS M em b e r FDIC For Prompt, Courteous, Professional Attention To Your S ta ffin g ^ S 3 p N e e d s , Call On Us. Yearn work: one of the reasons we’re first in Iowa. John Rigler ■M; , Diane Evans 816/842-3860 Dorothea Wolfe the board and appointed a director of Somers Savings Bank. He fills the vacancy created by the death of Charles L. Brockett. Nebraska News At their meeting in Lincoln April 15, the Nebraska Bankers Associa tion executive council rejected LB 717, the tax bill sponsored by the legislature’s Revenue Committee. The executive council was told that LB 717 would cause some banks to pay three times what they are now paying and this could result in a tax to Nebraska banks of as much as $8 to $10 million dollars. The bill is in tended to raise about $3 million in taxes. Although the current LB 619 has few, if any, supporters, the rejec- tion of LB 717 means it still has the reluctant support of NBA. ALEXANDRIA: The State Bank of Alexandria was closed April 10 by Roger M. Beverage, director of banking and finance, after it was de termined the bank was unable to cope with substantial loan losses. The FDIC said it “attributed the fai lure to unsound lending practices and poor management by former ownership which led to substantial losses in the loan portfolio.” No bids for the bank were received by FDIC so it began payout on the $2.4 mil lion of deposits April 13. The State of Nebraska had drawn down its de posit in the bank to $100,000 earlier and there were no other accounts in excess of the $100,000 insured ceiling. KEARNEY: Gary L. Hodde has joined the Kearney State Bank and Trust Company as executive vice president. Previously he served as vice president of the First National Bank of North Platte, where he has been since 1982. Minnesota News ASK D IC K R E T Z to make MNB work for you. Toll free 1-800-332-5991 Merchants A National Bank 151 Member F.D.I.C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A BANKS OF IOWA BANK BLAINE: Kent V. Stone has been elected vice president and manager of the retail banking department of First Northtown National Bank. He transferred to First Bank Northtown in October, 1984, and previous ly served at First Bank Robbinsdale and its Brooklyn Park Office. SAINT PAUL: Edward L. Kalafat has joined American National Bank R egency RECRUITERS, INC. 1102 Grand Avenue, Kansas City, MO 64106 as vice president and manager of the executive and professional depart ment. Mr. Kalafat has more than 30 years banking experience, most re cently as president of First Bank White Bear Lake and senior vice president of First Bank Systems. Montana News The 1985 Montana Bankers Asso ciation Trust Conference has been rescheduled to May 9 and 10. Ori ginally set for May 16 and 17, the conference will be held at Park Plaza in Helena. Registration will begin at 12:30 p.m. on May 9, with the first session beginning at 1:00. A social hour at the MBA offices hosted by Feder ated Investors of Pittsburg, will be at 5:15 followed by dinner at 6:30. On Friday, May 10, the business session will begin at 8:30 a.m. with adjournment set for noon. Registration in advance can be made through the MBA office in Helena. Wyoming News CASPER: Finn McCarthy has been promoted to senior vice president and cashier of First Interstate Bank of Casper, according to a re cent announcement. He will con tinue to serve as senior vice presi dent and head of the operations and data processing division. We’re S ecu rity fo r You At Security National Bank, w e’re people you can count on to handle all of your Correspondent Banking needs. So, start corresponding with us. We’re Security for you! SECURITY NATIONAL BANK IN SIOUX CITY, IOWA. M EM BER F.D .I.C. Ron Kiel Correspondent Banking Representative 712-277-6736 Plan to Attend Iowa Group Meetings Group Vili Annual Meeting Monday, May 6 Blackhawk Hotel Davenport An ideal opportunity to visit with fellow bankers at this im portant time to share ideas and good fellowship. Also, a time to relax for a pleasant evening of entertainment. HOSTS: Members of Scott County Bankers Association Golf! Crow Valley Golf Club Bettendorf Group 8 — Davenport Davenport will host Group 8 on Monday, May 6 at the Blackhawk Hotel, according to Group Chair man Donald M. Kout, president, Farmers & Mer chants Savings Bank in Lone. J. R obert Bunn, president, Clar en ce S a v in g s Bank, has been appointed temD- KOUT porary group secretary. Hosting the meeting will be the Scott County Bankers Association, whose presi dent is Larry E. Makoben, vice president, Northwest Bank & Trust Company. Golf will be available commencing at 8:00 a.m. at Crow Valley Golf Club in Bettendorf. Reservations should be made with Mike Bauer, first vice president, Davenport Bank & Trust Co. (319 383-3211). Providing the music again for listen ing and dancing after the banquet will be Lyle Beavers and “The Brass Notes” from Iowa City, who have become familiar to Group 8 mem bers for their fine music the past several years. A.M. 8:00 Golf—Crow Valley Golf Club, Bettendorf. Lunch and cash bar available at the clubhouse. P.M. 3:00 R egistration —Blackhawk Hotel. 4:00 Business Meeting—Donald M. Kout, Group 8 chairman, presiding. Report—J. Robert Bunn, Group 8 secretary. IBA Activities—Neil Mil ner, executive vice president IBA. Remarks—Thomas H. Hus ton, superintendent of bank ing, William Logan, presi dent IBA. 5:30 Social Hour—River Center (cash bar). 6:30 Banquet—Gold Room. Pre siding: Larry E. Makoben, president, Scott County Bankers Assn. Remarks: Mr. Logan, Mr. Huston, Mr. Milner. 8:00 to 11:00 The Brass Notes. Group V II Annual M eeting — M ay 7 Grinnell C ollege, G rinnell, Iowa Featured Guest Speaker. George Raveling Head Basketball Coach University of Iowa First tee-off 8:00 a.m. Greens fees & cart: $25, payable at clubhouse. For reservations contact: Mike Bauer Davenport Bank & Trust Co. 319 383-3211 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9:00 a.m.-3:45 p.m. Golf at the Grinnell Country Club. 4:00 6:00 7:00 8:00 Contact Robert Samson, Grinnell State Bank. Business Meeting— Room 171. Cocktails and Hors d’oeuvres Darby Gym. Banquet— Darby Gym. Evening Program featuring George Raveling. p.m.-5:45 p.m. p.m.-7:00 p.m. p.m. p.m.-9:45 p.m. 3 Group IV Annual M eeting M ay 8 S tou ffer’s Five Seasons Hotel Cedar Rapids, Iowa JOHN CHRYSTAL JOHNNY ORR president, Bankers Trust, Des Moines. Afternoon speaker on Ag. Economy Featured guest speaker, head basketball coach, Iowa State University 8:00 a.m. Golf —Contact Terry Martin, Merchants National 2:00 p.m. 2:30 p.m. Registration— Stouffer’s Five Season Hotel. Business Meeting— Grand Ballroom. 5:00 p.m. 6:00 p.m. Special speaker, John Chrystal. Social Hour— Cash Bar, Grand Ballroom. Banquet —Prime Rib Dinner. Johnny Orr speaking. “ Just for the Fun of It” entertainment program. Bank, Cedar Rapids. Group 7 — Grinnell Bankers from Group 7 will meet May 7 at Grinnell College in Grin nell. The evening program will be highlighted by George H. Rav eling, head bas k etb all coach, U n iv e r sity of Iowa. Golf at the Grinnell Coun try Club is avail able. Please con G. WOLD ta c t R obert Samson, Grinnell State Bank, (515) 236-3174, if you have questions re garding golf. Reservations for this year’s Group 7 Meeting can be made by contacting: William J. Rickert, senior vice president, National Bank of Waterloo, Waterloo, Iowa 50704. A.M. 9:00 Golf. Grinnell Country Club. Nine-hole course. Contact Robert Samson, Grinnell State Bank. P.M. 4:00 Business Meeting. Hall of Science, Grinnell College, Room 171. Chairman Gor don L. Wold will call the meeting to order. William J. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rickert will give the Trea surer’s Report followed by reports from: Neil Milner, executive vice president, IBA; Tom Huston, Superin tendent of Banking, and Howard Hagen, Assistant Attorney General. 6:00 C o c k ta ils and H ors d’oeuvres, Darby Gym. 7:00 Banquet, Darby Gym. 8:00 Evening Program featuring George Raveling. of It,” an enjoyable program of mu sical favorites presented with a touch of class. Enjoy browsing and # shopping opportunities in Cedar Rapids, Lindale Mall or Westdale Mall. Reservations can be made through Gary Peterson, City Na tional Bank, Cedar Rapids, Iowa. • A.M. 8:00 Golf - Squaw Creek Golf Course. P.M. m 2:00 R eg istra tion . S to u ffe r’s Five Seasons Hotel. 2:30 Business Meeting. Group Chairman Clair Lensing, president, Farmers State ^ Bank, Marion, will call the meeting to order. Reports will be given by Tom Hus ton, Superin ten d en t of Banking, Neil Milner IBA £ Executive Vice President and William Logan, presi dent, IBA. Special guest speaker John Chrystal, pres ident, Bankers Trust Com- £ pany, will speak on Agricul tural Economy and Banking to conclude the afternoon meeting. 5:00 Social Hour - Grand Ball- £ room. 6:00 Banquet featuring Prime Rib of Beef. Special guest speaker, Johnny Orr. Enter tainment “Just for the Fun # of It.” Group 6 — Des Moines Wakonda Club, located at 3915 Fleur Drive in Des Moines, will be the site of the Group 6 meeting Thursday, May 9. David Walth all, president of Group 4 — Cedar Rapids Group 4’s Annual Meeting will be Hawkeye Capi held May 8 at the Stouffer’s Five tal Bank & Trust, will preside as Seasons Hotel in G roup C hair Cedar Rapids. man. Those plan- I Golf is available ning to play golf at Squaw Creek D. WALTHALL should contact Golf Course. For Mr. Walthall’s secretary, Pat Hut information con chins (244-5111) for tee time, fees tact Terry Mar and registering handicap. Dutch tin, Merchants treat luncheons will be available at National Bank, the clubhouse. In addition to IBA (319) 398-4320. B P I l / C / \ J speakers, guests will hear John J. Johnny Orr, * Fitzpatrick, Ph.D., of the Menninger head basketball C J‘ LENS,NG coach, Iowa State University, will Foundation discuss “Stress.” be the feature guest for this year’s A.M. 8:00 Golf — Wakonda Country Group Meeting. Special entertain Club. ment this year is “Just for the Fun 0 Call on the “Experienced Professionals” =s First N atio n al Lincoln Ready to meet your correspondent needs. P.M. 4:00 Registration — Wakonda Club. 5:30 Reception — Cash Bar. 6:30 Banquet, followed by re marks from Neil Milner, IBA executive vice presi dent; Tom Huston, superin tendent of banking, and Bill Logan, IBA president and president, The State Central Bank, Keokuk. “Stress and Its Manage ment”—John J. (Jack) Fitz patrick, Ph.D., Menninger Foundation, Topeka, Kan. TRUST OFFICER for department in $200 MM bank. Continued growth presents real opportunity. Responsibili ties include trust and estate administration and taxation, employee benefit plan administration, extensive customer contact and business devel opment. Trust experience and knowledge of in vestments helpful. Send resume to: J.R. Gordon - Trust Department Hills Bank and Trust Company Hills, Iowa 5223S (PA) * “ 1» & M streets, Lincoln, n e 68501" " BANKS FOR SALE High Performance Banks — $60 million to $100 million. Requires substantial investment by quali fied buyer. Write FREELAND FINANCIAL SERVICE, INC., 1010 Equitable Bldg., Des Moines, IA, 50309. Estate Appraisals Purchase of Collections Sale of Rare Coins COMPUTER SALES EXECUTIVE Fast growing Denver company seeks dynamic sales executive to develop new market in a chal lenging high growth segment of the computer videotex industry. Ideal candidate will have Busi ness Degree plus five years sales/marketing ex perience in computer hardware/software environ ment - preferably banking. Must be strong closer as well as be bottomm line oriented. Send re sumes to: TOUCH DIALOGUES, INC. 2629 Redwing Road, #270 Ft. Collins, CO 80526 (PA) Ag Banking Specialists Let us help with your career advancement or staffing needs. Call in confidence, without obligation. Employ ers pay our reasonable fee to hire the best. R eliab le and respected service for over 20 years Used by bankers throughout the midwest Ben E. Marlenee Coins 913 Locust Des Moines, Iowa 50309 515-243-8064 TENSION GOT YOU? Linda 515/394-5827 New Hampton, la. 50659 1 Jean 515/263-9598 (W/F) 712/779-3567 (M/T/TH) Massena, Iowa 50853 anri carers , inc . -J A G B A N K IN G P ER SO N N EL SPECIALISTS F IN A N C IA L PLACEM ENTS a division of BANK NEWS Relax with us at Call Group VI M eeting in Des M oines Larry Vohs 816/421-7941 Thursday, May 9 • Wakonda Country Club Job Openings Consulting specialist John J. “ Jack” Fitzpatrick, Ph.D., director of consultation services with the Center for Applied Behavioral Sciences at the Menninger Foundation in Topeka, Kan., will help us learn how to cope with and manage stress in today’s difficult environment—stress that affects your work, your relationships with your staff, your customers, your family. Jack Fitzpatrick will help us all understand “ Stress and Its Management.” LOAN ADMINISTRATOR - Oklahoma, $ Open. VP MORTG. LOANS — Nebraska, $50,000. AVP-SVP’s COMM’L OFFICERS — New Mexico. Salaries $30,000-50,000. #3 AG OFFICER — Iowa, $30,000. #2 AG OFFICER — Iowa, $35,000. AG/COMM’L OFFICER — Nebraska, $30,000’s. VP AG O FFICER — Nebraska, $35,000. LOAN REVIEW OFFICER - Nebraska, $35,000. Get a relaxing head start with golf at Wakonda—home for many pro tourneys! Challenging, but fun! Contact Pat Hutchins at Hawkeye Capital Bank & Trust—(515) 244-5111—for details and tee times. Join us in Des Moines May 9 to beat tension by relaxing! https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MARKETING OFFICER — Oklahoma, $30,000’s. Also positions available in KANSAS - MISSOURI - COLORADO If you are interested in a career move, mail your resume in strict confi dence to FINANCIAL PLACEMENTS, P.O. Box 13786, K.C., Mo. 64199, or call 816-421-7941. Financial Careers Buy Direct From Factory — and Save! BANKING OPPORTUNITIES CALENDARS (1986) ADVERTISING SPECIALTIES (Serving The Banking Industry Since 1947) Send Sample • Indicate Quantity - We will quote — You Be The Judge — Standard Advertising Service, Inc. Box 432 • Council Bluffs, Iowa 51501 CASHIER/AG LENDER—$25mm rural IA bank, 50% lending. Good community. $32K. Contact Barbara J. Ritta LOAN REVIEW OFCR—head credit review, $200mm metro IL bank. Examiner bckgrd desirable. Contact Barbara J. Ritta. $35K. CORRESPONDENT BANKER—Metro MN $1 + billion bank. Business development and 5 yrs commercial & Ag lending experience. Limited travel. Salary to $44K.Contact Pamela J. Swenson. POSITION AVAILABLE PRESIDENT—central MN $80mm bank near metro. 5 yrs Ag lending with some commercial mgmt experience. $39K. Contact Pamela J. Swenson. Western Iowa bank has immediate opening for AG-LOAN OFFICER. Prefer ag degree and 3 or more years experi ence. Significant career with bank or as part of a growing holding company. Send resume and salary requirements to Mike Keim; 707 North 90th Street, Suite 304; Omaha, NE. 60114.___________________________________ (PA) PROFESSIONAL RECRUITERS P.O. Box 24227 Omaha, NE 68124 Phone: 402/397-2885 CONSUMER LOAN OFFICER $40mm NW Iowa bank seeks candidate with proven consumer lending skills. Contact Larry Geisinger, VP, Hawkeye Bank & Trust, Spencer, Iowa. Phone: 712/262-1940. (PA) ASSISTANT VICE PRESIDENT-LOAN DEPARTMENT $40mm NW Iowa bank seeks candidate with 2-3 years lending experience. Good advancement opportunities. Contact John Bowen, SVP, Hawkeye Bank & Trust, Spencer, Iowa. Phone: 712/262-1940.__________________ (PA) AG LOAN OFFICER—An 18MM Community bank 100 miles west of Sioux Falls, SD seeks an Ag Loan Officer with experience. Send resume and salary requirements to Farmers State Bank, PO Box 97, Stickney SD 57375. (PA) THINK Contact Glenn H. Wlabke Vice President & Trust Officer First National Bank of Sumner P.O. Box 206, Sumner, Iowa 50674 Phone (319) 578-3312 NOT Until you talk to Bill. Bankers Electronic Equip. Phone 308/384-5995. POSITIONS AVAILABLE SR LOAN OFFICER - #2 spot in clean $30m + rural bank with diversified portfolio. 10+ yrs banking as an officer. $38K + . VALLEY NATIONAL BANK P.O. Box 906 Des Moines, la. 50304 ATTN: Personnel Dept. Equal Opportunity Employer #2 POSITION - Rural ag bank near large metro area offers stepping stone to presidency. 5+ yrs banking in rural en viron. $30K. PRESIDENT - Challenging position in a well supported ag bank, work-out exp a must. $50K. SR TRUST ADMIN - JD, large trust area is looking for a exp trust professional with personal trust bkgd to lead their $200m + dept. $42K. TRUST OFFICER - Rapidly expanding dept in prime market desires fast track trust person. JD. $35K. FOR FURTHER INFORMATION FOR THESE AND OTHER POSITIONS RESPOND IN CONFIDENCE TO: R. KURT ROSENCRANTS AT (515) 244-4414 1 M> M> M> ® (PA) \ r KREJCI & ASSOCIATES • • • • • • • Collections/Loan Workouts Collateral Liquidations Loan Policy & Procedure Documentation/Compliance Bank Operations Pricing Bank Services Personnel Management FOR SALE DIEBOLD TABS 910 ATM with or without building. Current ly on maintenance contract, low usage, excellent condi tion. Contact First National Bank, Minden, NE 68959. Phone 308/832-2030.__________________________ (FS) NEW BANK EQUIPMENT leases for sale. Investment tax credit, residual, depreciation belong to the buyer. Phone: 319/362-9579. (FS) POSITIONS AVAILABLE CEO - East Nebr. $35 mill. bank. $40-60K. CEO - Northern Mid-Iowa - $70 mill. bank. Needs diversified loan experience. To $70K. MARKETING DIRECTOR - Need new product de velopment. Omaha. $40-60K. 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 POSITIONS AVAILABLE COMMERCIAL LOAN - Division Head position in large sub urban bank. Oversee all lending functions and lend sup port to affiliate staffs. $40K COMMERCIAL/REAL ESTATE • Medium size suburban bank. Handle all Real Estate lending and assist with com mercial. $35K CEO - Suburban bank with poor performance record. Has potential for strong administrator with good commercial loan background. $50K Available on an interim basis. More than 19 years experience. References available on request. AGRI-LOAN - Handle all Agri credits for $30MM southern Missouri bank. Could lend to second man position. $30K KREJCI AND ASSOCIATES ROBERT BMLF Financial/Management Services 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 12605 Southdale Drive Omaha, Nebraska 68137 (402) 895-6027 ALL FEES COMPANY PAID Write or call Malcolm Freeland or Cy Kirk in care of Freeland Financial Service, Inc., 1010 Equitable Bldg., Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays fee. NO. 2 POSITION - Central Iowa, 100 mill. +. To $45K. COM’L LENDER - DM bank needs 5 + yrs in a $150m + cr loan dept. Com’l lending school & degree. $45K. JR COM’ LENDERS - Holding co needs 1-3 yr deg’d com'l/consumer lenders for com’l loan positions. MID-$20’s. COMMERCIAL LENDER with two or more years experi ence for $50 million bank located in Midwest ................... ............................................................. Salary $40,000 714 U.C.B. Building, 515-283-2545 Des Moines, Iowa 50309 Opening for an individual who has employee benefits administration experience. Must have good communication, organizational, and man agement skills. This position is responsible for all the daily operational aspects of the employee benefit department as well as some customer contact. We offer excellent company benefits and a salary commensurate with experience. Send resume and salary requirements in confidence to: CONSUMER CR ANAL - Mgmt/growth oppty for strong consumer lender with 2 + yrs exp and good cr analysis skills. LOW-$20’s. AG LOAN OFFICER • 1-2 yrs ag lending exp in a bank can lead to leadership role within 2 yrs. Deg’d with 3+ yrs in bank environ musts. $20-25K. COMMERCIAL LENDER for Kansas metro b a n k ............... .....................................................................Salary $40,000 CAPITAL PERSONNEL SERVICE TRUST OFFICER, EMPLOYEE BENEFITS ADMINISTRATION AG LOAN OFFICER - Visible position $130m bank. 3+ yrs ag lending exp. $26K. PORTFOLIO MGR • Large CO S&L has opening for indiv versed in A&L mgmt, short/L-T investments. $45K. COMMERCIAL LENDER to cover metro market area for midwest bank. Must have experience of five or more years .....................................................................Salary $45,000 Serving bankers quietly and efficiently. (FS) LOAN SUPV - Highly responsible position for agspecial ist. Exp in cr anal and 8 + yrs in ag lending. $35K. NO. 2 OFFICER for long-established bank in college town of 8,000. Must have all-around experience .. Salary $40,000 LOAN REVIEW OFFICER for major banking organization. Requires experience in commercial/ag loan documenta tion and cash flow projectives. Some travel required........ .......................... .....................................Salary to $50,000 FOR SALE You found the best deal on NCR Proof Machines. Call for prices on 7750-6000 7750-2500, etc. CEO needed by purchasers of $35 million bank in town of 2,000. Excellent opportunity for fu tu re ........Salary $35,000 AG LENDER for $50 million bank in town of 8,000. Re quires three or more years experience plus degree........... .....................................................................Salary $30,000 1 - 7750 2501 Proof Machine With MDC, #12 504326, Auto Feed Hopper, Cassette, 12 High Speed Pockets #1322611, #1322612, #1322613. 3 • Model 796-101 CRT’s #12254922, #12254942, #12254834 1 - 7900-101 CRT #11413141 3 - 7901-101 CRT’s #98-14709543, #98-14591606, #98-14709937 3 - MCAA Boards (Asyn Adapter) 14-4.9 Mb Disks 16 -13.5 Mb Disks 1 - 1OLA, IOLC, & 6530 Disk With 54 Mb Fixed/Removable #13413173 With Adapter #46-13120741 With Cabinet. All equipment under NCR Maintenance Contract. AG LOAN OFFICER for training for $16 million bank in southeastern South Dakota. Salary negotiable. Send re sume to file WDC, c/o Northwestern Banker. (PA) CEO needed by $40 million ag bank located in town of 3,000 ........................................................Salary $50,000 + COMMERCIAL LOAN - Addition to staff of $200MM subur ban bank. Handle portfolio of approximately $10MM. Re quire degree and experience in $100MM+ bank. $40K TOM HAGAN & ASSOCIATES 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 J Serving the Banking Industry Since 1970 Vol. 14 No. 1 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden Street, Suite 201, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $18.00 per year. Second class postage paid at Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts, mail items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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