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# Vol. 13 No. 1 Des Moines, Iowa April 23,1984 Iowa Bankers Propose Farm A id OW A bankers have proposed an ’ 11-point program that seeks to help farmers who are fighting for survival. Led by Neal Conover, vice president at Hayesville Savings Bank and immediate past chairman of the IB A A g Committee, the group had its suggestions endorsed by the IB A board, which in turn pre sented it to the executive offices of the United States, USD A Secretary f John Block and Iowa’s Senators and Representatives in W ashington D.C. A s a strong support for the sugges tions that, if adopted, would aid farmers throughout the entire na tion, the Iowa Senate and House adopted the suggestions in full as Senate Concurrent Resolution No. I l l and forwarded it to the President, Vice President, Secretary of Agriculture and members of the Iowa Congressional delegation. These are the basic elements of the proposal: I £ 0 % # £ 0 41 and 3 by the Iowa Bankers Associa the interest rate savings will return their tion. May 2 the workshop will be operation to a profitable basis. held at the Airport Hilton in Des 3. Allow deferral of the 1982 deficiency Moines and May 3 at Stouffer’s Five payments due in 1984 for at least one year. Seasons Hotel in Cedar Rapids. 4. Modify the emergency feed grain pro The Loan Documentation Work gram to make higher grades of corn available to lower costs, and lower the 30% loss criter shop, intended for all bank person ia to expand the eligibility of livestock produ nel involved in the documentation cers so that government corn can be utilized process and bank legal counsel, will and at the same time improve 1984 farm pro enablè bankers to effectively reduce fitability. 5. Mandate the SBA to increase the num the number of problem loans and ber of loans accepted under disaster applica loan losses that you encounter on a tions from ag businesses. regular basis. 6. Mandate the IRS to allow farmers the Presenting the workshop is John opportunity to sell their accumulated capital losses or investment tax credits to outside in Moye, partner in the Denver, Colo., vestors, thus encouraging investment in ag law firm of Head, Moye, Giles & riculture at a time when it is critical that new O’Keefe. For more information con funds be found. tact Barb Lowe at the Iowa Bankers 7. Include grass and hay crops in the Fed Association. eral Crop Insurance Program. * * * 8. Lower FCIP premiums for those farms which qualify for emergency disaster assis The Iowa Young Bankers Annual tance. 9. Pay in advance the deficiency pay Conference will be held May 16-17, ments due for the 1984 feed grain program. with a special two-day management 10. Allow grazing or baling of diverted training workshop held during the acres under the 1984 Farm Program. 11. Increase funding for the study of alter conference. Headquarters for this native uses for corn and soybeans. year’s conference will be the Hotel No response of substance has yet 1. Modify the FMHA Emergency Loan Program for the 1983 drought disaster to in come back to the IB A office from clude the following: Allow farmers with nega Washington, but Iowa’s Senators and tive cash flows but sound equity positions Representatives informed them dur and reasonable prospects of success to parti ing the Iowa Bankers legislative vis cipate. Use 1982 price levels in the calculation of the loss and valuation of equity for it to the nation’s capital early in collateral. Waive the 30% minimum loss cri April that they would pursue the teria so more farmers may obtain 1984 fund proposal as rapidly as possible. □ ing at advantageous rates. Extend the sign up period for an added 60-90 days. 2. Make additional credit available Iowa News through FMHA under the low resource cate Two Loan Documentation Work gory to farmers with negative cash flows but with prospects of survival, especially when shops have been scheduled for May 2 Savery in Des Moines. DECORAH: The North Central Iowa Group of the National Associa tion o f Bank Women met April 11 at the Red Fox Inn in Waverly. “ Man aging the Unsatisfactory Perfor mer” was presented by Shirley Poertner, human relations officer of United Centred Bank in Des Moines. WATERLOO: The National Bank of Waterloo recently annonced that Everett Brown has joined the bank’s RISMILLER, WEAVER AND YAKE Getting it done for you* David Rismiller Warren Weaver Ernie Yake Chairman President Senior Vice Preside President ^ M » ■ ■ Commerce Bank of Kansascity NA MEMBER FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T e lp n h n n o Telephone (816) 234-2000 W 2 H k M Norwest Bank Des Moines, N.A. mmmmm NORWEST BANKS mmmmm mm'imm f m Call (515) 245-3131 or toll-free (800) 362-2514 Member FDIC T eam w ork: one o f the reasons w e’re firs t in Iowa. Tom Quinlln Dennis Nahnsen staff as a vice president of corre spondent banking. Mr. Brown most recently was executive vice presi dent and trust officer o f Peoples State Bank, Missouri Valley, and has since sold controlling interest in Peoples State Bank. He also pre viously served in the correspondent department of Norwest Bank in Omaha, Neb., and with Boone State Bank and Trust Company. W ATERLOO: Merland J. Wackerbarth, cashier and director of opera tions for National Bank of Waterloo, died recently. He joined The Na tional Bank in 1976 as vice presi dent and personnel director and in 1977 was promoted to his most re cently position. Erling Schmiesing has stepped in as senior vice presi dent and cashier. He previously was senior vice president in data process ing. Nebraska News CENTRAL CITY: Gary W. Webster, president of the Farmers National Bank, has appointed Kirk R. Riley as vice president. Mr. Riley pre viously was with Citizens State Bank, Clearwater, as an assistant vice president. LINCOLN: Lincoln Bank East has elected Rodney R. Johnson as execu tive vice president. Previously with Lincoln Bank South, Mr. Johnson will be assuming lending and admin istrative responsibilities at the bank’s 68th and 0 Streets main of fice. OM AH A: Thomas H. Allen, presi dent of Omaha National Bank, an nounced last week his intention to take early retirement from the bank effective April 30. Mr. Allen, who has served as president since 1978, plans to seek personal investment opportunities. A replacement has not yet been named, but Gary Thrasher, senior vice president, will assume part o f Mr. Allen’s responsi bilities. Minnesota News ASK STAN FARMER to make MNB work for you. Toll free 1-800-332-5991 Merchants A National Bank 151 Member F.D.I.C. A BANKS OF IOWA BANK The Minnesota Bankers Associa tion will present an Investments and Funds Management Conference May 9 at the Hilton Inn in Minnea polis. The program will be conducted by various experts including Dr. Ron ald L. Olson, chairman and CEO of Olson Research Associates, Greenbelt, Maryland. Registration begins CORRESPONDENT BANKER We are looking for someone with 3-5 years of com mercial lending experience to work in our corre spondent bank area. Additional requirements are correspondent banking experience (or extensive AG lending experience) and a college degree with at least 1 year of accounting. For more informa tion phone Mary Nerhaugen 612/341-6579. F & M MARQUETTE NATIONAL BANK 6th & Marquette Minneapolis, MN 55480 Affirmative Action Employer https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (PA) at 8:00 a.m. and the program will conclude at 3:00 p.m. C O L U M B IA H E IG H T S : Marquette Bank o f Columbia Heights has announced the promotion of M.L. Grotewold to president. He previously served as executive vice president and chief executive officer and joined the bank in 1973. DULUTH: Charles A. Russell has been elected chairman of Norwest Bank Duluth, N.A. Mr. Russell joined the bank’s board in 1983 and has served as president of Norwest Cor poration Region I since its forma tion in 1982, a position he continues to serve in. As previously announced, Dennis Dunne will continue as president and CEO of the bank until his retirement in August. The board continues to search for Mr. Dunne’s successor. M INNEAPOLIS: Gerald Ranfranz has been named president o f Mar quette Lake State Bank. Previously executive vice president, Mr. Ran franz has more than 15 years o f banking experience and three years in finance. Also at the bank, Sally Jo Harff was promoted to vice presi dent and branch manager and Ed Kennedy has been promoted to vice president and cashier. M INNEAPOLIS: Wallace V. Blomquist has been named senior vice president o f First Bank Minneapolis. He joined the bank in 1955 and had been vice president in the com mercial loan workout division since 1981. WORTHINGTON: Dean Risa has been elected vice president and man ager of the agriculture department of First Bank Worthington. He joined the bank in 1975 as loan officer and assistant cashier. Estate Appraisals Purchase of Collections Sale of Rare Coins R eliable and respected service fo r over 20 years Used by bankers throughout the midwest Ben E . Marlenee Coins 913 Locust Des M oines, Iowa 50309 515-243-8064 # ^ ^ • • • % # ^ ^ Plan to A tten d Iowa Group M eetings Group VI Annual Meeting May 7 Hyperion Field Club Group 6 — Des Moines Group 6 bankers will meet May 7 at the Hyperion Field Club. Golf is available in the ^ morning and tee ffiR S B H H H H H times and reser vations can be made by contact ing Dave Scott at Polk City Sav M l . J | in g s B ank . Prizes will be awarded during ; # m tm th e b a n q u e t. & R.J. MILLER Group Chairman Bob Miller will preside over the business meeting which will feature election of group officers. Reserva tions can be made through Mr. Mil ler at Polk City Savings Bank, 515/984-6211. A.M. 8:00 Golf—Hyperion Field Club. P.M. 2:30 Registration. Hyperion Club lobby. 3:00 Business meeting. Bob Mil ler, president, Polk City Sav ings Bank, presiding over the session. A workshop pre sented by Dr. Roy Park, o m PROGRAM 2:30 p.m. REGISTRATION Lobby of Hyperion Club 3:00-5:00 MEETING Managing in the 80s—The Changing Role of Bank Management-Dr. Roy Park, President, Applied Manage ment Associates, Ltd., An keny Door Prize Drawing: Wetland Heritage Canadian Geese by May nard Reese 5:30-6:30 RECEPTION—Cash Bar 6:30 BANQUET • • • • Prime Rib Dinner with wine Introduction of Guests Golf Awards Remarks— Neil Milner, Executive Vice Presi dent, IBA; Tom Huston, Superintendent of Bank ing, and AI Maser, Presi dent, IBA. Pre-registration Fee—$23.00 per person Contact: Bob Miller, President Polk City Savings Bank P.O. Box 528, Polk City, la. 50226 president, Applied Manage ment Associates, Ltd., An keny, will address “ Manag ing in the 80s—The Chang ing Role of Bank Manage ment.” The meeting will ad journ with a door prize draw ing for a Maynard Reese print. 5:30 Reception with cash bar. 6:30 Banquet followed by re marks from: Neil Milner, ex ecutive vice president, IBA; Tom Huston, Superinten dent of Banking, and Al Maser, president,, IBA. Group 8—Iowa City The Highlander Inn in Iowa City is the headquarters for the Group 8 meeting to be held May 8. Golf and a special tour have been ar ranged for the early birds. The election of group officers will be conducted dur ing the business session. Univer D.J. MALLOY s ity o f Iow a Group V I I I Annual M eeting — M ay 8 Highlander Inn — Iowa City • Golf at Finkbine Reservations required • Group 8 Tour Includes: Tour of home and studio of Alan Weinstein. Tour of The Barn and talk on antiques quilts. Lunch at Iowa City Power Company. Go Hawks . . . Featured Banquet Speaker George Raveling Head Coach— Men’s Basketball University of Iowa https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 Hear Ye... Hear Ye... Announcing The Group VII Meeting May 9 — Waterloo! 9:00 a.m.-4:00 p.m. GOLF—Details for golf outing may be obtained by contacting: William Rickert, National Bank of Water loo. 12:30 p.m. LADIES LUNCHEON & STYLE SHOW—Sunnyside Country Club, 1600 Olympic Drive, Waterloo. The cost is $6.00 per person and preregistration is re quired. 4:15 p.m.-5:45 p.m. BUSINESS MEETING—Room 12, Conway Civic Center. 6:00 p.m.-7:00 p.m. COCKTAILS & HORS D’OEUVRES—Room 21, Conway Civic Center. 7:00 p.m. BANQUET—Iowa Chop Dinner. Room 23, Conway Civic Center. 8:00 p.m.-9:45 p.m. EVENING PROGRAM—Introduction of Guests. Remarks: Al Maser, President, IBA. ENTERTAINMENT The In Persons, a twenty-two member ensemble of vocalists and instru mentalists has entertained in the Newton area for 11 years. It is made up of people of various ages who like to sing. They perform for conventions, business meetings, parties or any type of gathering. The theme of thé program to be presented is Golden Oldies and you will be able to hum along on most tunes. men’s Basketball Coach George Raveling will be the keynote speaker following the banquet. Golf, tour and banquet reservations can be made by contacting: Scott Boyden, 2nd vice president, First National Bank, 204 E. Washington, Iowa Ci ty, 52240. A.M. 8:00 Golf, Finkbine Golf Course. Reservations are required. 11:00 Group 8 Tour. This tour will include the home and studio of Alan Weinstein; a tour of The Barn and a talk on anti que quilts, and lunch at the Iowa River Power Company. Participants should meet at the Highlander Inn at 10:45. P.M. 3:00 Registration in the main lob by of the Highlander Inn. 4:00 Business Meeting. David Malloy, vice president of Farmers Trust and Savings Bank, Williamsburg, will chair the session which will be highlighted by the elec tion of group officers. Re ports will be given by IBA Executive Vice President Neil Milner and Superinten dent of Banking Tom Hus ton. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A.M. 9:00 Golf—-Contact William Rick ert, senior vice president, National Bank o f Waterloo for details and course infor mation. ^ P.M. 12:30 Ladies Luncheon and Style Show. The location is the Sunnyside Country Club, 1600 Olympic Drive. ^The cost is $6.00 and preregistra tion is required. 4:15 Business Meeting. Group Chairman Gordon W old, president, Poweshiek Coun ty Savings Bank, Brooklyn, will call the meeting to order in Room 12 of the Conway Civic Center. Reports will be delivered by: Neil Milner, ex ecutive vice president, IBA; Tom Huston, Superinten dent of Banking, and How ard Hagen, Assistant A ttor ney General. 6:00 C o c k t a ils an d H ors d ’oeuvres, Room 21 7:00 Banquet featuring Iowa Chop dinner, Room 23. 8:00 Entertainment, The In Per sons from Newton. 5:30 6:30 Poolside Social Horn* Banquet. The banquet will Group 4— Dubuque be followed by remarks from Anchors Aweigh will be the theme IB A President Al Maser. of the Group 4 meeting which will be George Raveling, men’s bas held May 10 on—— ketball coach at the Univer board the Mis- ' M P sity of Iowa is the evening sissippi Belle in p keynote speaker. D ubuque. The * registration in cludes tours of th e F red W . Group 7—Waterloo Woodward RivBankers from Group 7 will meet erboat Museum May 9 at the Conway Civic Center in and the Side W aterloo. The wheeler William , ■ e v e n in g p ro M. Black, a 277- J B‘ MER,WETHER gram w ill be foot long steam-powered riverboat. highlighted by Free parking and transportation be the en terta in tween the Iowa Street Parking ment of The In Ramp and the Port of Dubuque will P erson s. T his be provided throughout the day. twenty-two mem Bankers will enjoy an evening din ber ensemble of ner cruise on the Mississippi Belle vocalists and in and the entertainment of the Galaxy stru m en ta lists Singers. Reservations can be made G. WOLD has entertained through Karen Knepper, American in the Newton area for 11 years. It is Trust and Savings Bank, Town made up of people of various ages Clock Plaza, Dubuque, 52001. who like to sing. The theme of the A M . program to be presented is Golden 8:00 Golf. Make tee times with Oldies. Reservations can be made by Bunker Hill Golf Course .by contacting: William Rickert, senior c a llin g D en n is M ey er, vice president, National Bank oi 583-1666. Waterloo, Waterloo, Iowa 50704. 9:30 Registration at The Barge ® ® 5 CALL ON THE “PERFORMANCE TEAM” where comm on transactions are handled uncommonly well. FIRST NATIONAL LINCOLN 13th & M Street • Lincoln. Nebraska 68501 • Member, F.D.I.C. at the Port of Dubuque—Ice Harbor. 10:00 Special Port of Dubuque Tours. The tours are included in the registration fee and in clude admission to the Fred W. Woodward Riverboat Museum and the Sidewheeler William Black. Both are lo cated in the port of Dubu que. 11:00 Soup, salad and sandwiches will be available in The Barge Gallery. P.M. 2:00 Business Meeting. Group Chairman Bruce Meriwether, president, First National Bank, Dubuque, will call the meeting to order. Group offi cers will be elected and re ports will be given by Tom Huston, Superintendent of Banking and IB A Executive Vice President Neil Milner. 3:00 Workshop. “ Managing in the 80s—The Changing Role of Bank Management,” will f 5:00 6:00 be presented by Dr. Roy Park, president, Applied M anagem ent A ssociates, Ltd., Ankeny. Social Hour onboard the “ Mississippi Belle.” Raise the Gangplank. Din ner cruise on the “ Missis sippi Belle.” Dinner will be followed by remarks from IB A President Al Maser and the entertainment of the Galaxy Singers. Wyoming News GILLETTE: David A. Potter has been named president of Wyoming National Bank here. Mr. Potter, who previously was president of Gurnee National Bank o f Gurnee, 111., re places Chuck Dorman who resigned as the bank’s president last Janu ary. Also at the bank, Conrad G. Flohr, one of Wyoming National’s original four employees, was pro moted to senior vice president and cashier in charge of operations. Group IV Annual M eeting— May 10 Port of Dubuque Ice Harbor— Foot of w. 2nd st. North Dakota News WILLISTON: LeRoy Moore has been named vice president in opera tions at the First National Bank and Trust Co. o f Williston. He most re cently was assistant vice president and operations officer at the United Bank, Bismarck, where he had been since 1976. Montana News GLENDIVE: T.A. “ Tully” Vashus, president of First National Bank of Glendive, will retire May 1. He has served as president in Glendive for 28 years and has spent his entire 37-year career with First National having started there in 1947 as a teller. BURROUGHS SERIES L USERS • Loans With Accrual • Bonds With Accrual • CDs With Accrual 8:00 a.m.-12:00 p.m. 9:30 a.m. 10:00 a.m.-2:00 p.m. 11:30 a.m.-1:00 p.m. 2:00 p.m. 3:00 p.m. 5:00 p.m. 6:00 p.m. 8:00 p.m. 8:45 p.m. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis GOLF—Contact Dennis Meyer golf pro at Bunker Hill Golf Course, 583-1666, for details. REGISTRATION—The Barge at the Port of Dubuque SPECIAL PORT OF DUBUQUE TOURS—Registra tion includes Fred W. Woodward Riverboat Muse um and the Sidewheeler William M. Black. LUNCH—Soup, salad and sandwiches available in The Barge Gallery. BUSINESS MEETING—Upper deck of the Barge. MANAGING IN THE 80s—The Changing Role of Bank Management. Dr. Roy Park. BOARDING TIME—Social Hour aboard the “ Mis sissippi Belle.” RAISE THE GANG PLANK—Dinner Cruise aboard the “ Mississippi Belle.” ENTERTAINMENT—Galaxy Singers RETURN TO PORT—“ Mississippi Belle” lowers her gangplank in the Port of Dubuque. Buses will be available for transportation back to the Iowa Street Parking Ramp. • Savings With Accrual • NOW/SUPER NOW, M M D A With Accrual Installed — User Proven 1-800-228-3628 Equipment and Service Products ration P.O. Box 37550 Omaha, Nebraska 68137 POSITION AVAILABLE EXPERIENCED TRUST OFFICER to form and head a trust department in a $200 million financial institution. Position requires law degree with approximately 5 years experi ence in all phases of trust services. Applicants should be aggressive and personable in order to be considered. Ex cellent benefits and salary commensurate with experi ence. Send resume, salary history and requirements to file WAH, c/o Northwestern Banker. All inquiries confidential. AN EQUAL OPPORTUNITY EMPLOYER. (PA) Financial Careers Ag Banking Personnel Senior Commercial Lender for central Iowa bank, to $40,000. Let us help you. Call the ag lending personnel specialists without cost or obligation. Confi dential. Employers pay us to hire the best. Senior Commercial Lender for southern Minnesota Multi bank holding company bank. Experience with ag loans a plus........................................ to $39,000. Mortgage Lender for Arkansas Resort Area. Prefer seasoned banker who can deal with people with substantial means. . . ........................................................................to$35,000. CPA/Audltor for multi-bank holding company in midwest. . . ......................................................................................... to$28,000. ASSISTANT VICE PRESIDENT, AG LOANS-college degree plus “ hands on" farm operations experience. Credit experience necessary, but banking experience not essen tial. Excellent career opportunity. Contact James C. Sodey, EVP, Hawkeye Bank and Trust, Spencer, IA. Phone 712/262-1940. (PA) Correspondent Banker for large midwest bank. Salary open. LOAN REVIEW POSITION: Must be experienced in all phases of lending. Excellent opportunity for advancement in progressive, growing organization. Office in Omaha, NE, traveling required. Send resume to Jack Ayres, P.O. Box 486, Bellevue, NE 68005. (PA) Number Two man with ag lending experience for northern Iowa bank........................................................ Salary Open. Ag Person for community bank located in scenic northeast Iowa.............................................................................. Low$20s. . Commercial Lender for major bank in Iowa Great Lakes area ............................................................................. Salary$30,000. 90n CAREERS, INC. ■ J AG BANKING PERSONNEL SPECIALISTS Branch Manager for eastern Iowa bank located in larger city ............................................................................. Low $20s. AGRICULTURAL LOAN OFFICER—Immediate opening for a loan officer with 2-3 years of ag loan experience. Send resume to Norwest Bank Mason City N.A., Box 411, Mason City, IA 50401. (PA) Data Processing Manager for $95 million northern Illinois bank.............................................. INSTALLMENT LOAN OFFICER—Job opening for an ag gressive person with at least two years of bank lending ex perience. This job will consist of direct and indirect install ment lending, wholesale flooring, and collections. Send resume to: First Security Bank of Bozeman, P.O. Box 910, Bozeman, MT 59715. (PA) BANK OPERATIONS OFFICER—Job opening for a selfmotivated person with a minimum of 2 years of bank oper ations experience. Applicant must have proven super visory skills, good accounting background, experience with governmental reporting, and knowledge of govern ment regulations. Send resume to First Security Bank, P.O. Box 910, Bozeman, MT 59715. (PA) INSTALLMENT LOAN OFFICER/MANAGER—$5 million department in $60 million bank in north central Iowa. Must be well qualified with over five years experience, plus col lege degree. Salary open. Send resume to file WAZ, c/o Northwestern Banker. (PA) AGRICULTURAL LOAN OFFICER—Immediate opening for a loan officer with five years or more of ag loan experi ence. A $60 million north central Iowa bank. Excellent po sition in excellent area. Salary open. Send resume to file WBA, c/o Northwestern Banker. (PA) Operations person with limted loan experience for eastern Colorado bank, located near resort areas.......... Low $20s. Ag Lenders fo major Illinois multi-bank holding company. Opportunities located throughout the state for qualified people......... ....... ....... ........................... ...T o $38,000. Strong Number Two Person for $60 million in Iowa bank. Must have ag and commercial lending experience........... ....................................................................... Salary Open. Ag Loan Officer for northern Iowa bank, located in topnotch farming area. Required ag degree and proven experi ence ..................................................................to $28,000. Mortgage Lender with some operations experience needed by growth-oriented savings and loan association............. ............................................ VICE PRESIDENT of $30 million bank seeking new challenge and opportunities. Presently managing 3.5 mil lion installment loan department, as well as other con sumer services within the bank. Send inquiries to file WAX, c/o Northwestern Banker. (PW) Six weeks spread throughout each year in your own luxurious townhome near Keystone, in the heart of Ski Country. 1/8 FEE SIMPLE OWNERSHIP Two bedroom, two and a half bath, fireplace, garage, hot tub in enclosed atrium area. Fully furnished, including washer and dryer. Purchase price $33,900. Dwayne S. Smith PARADISE PROPERTIES Box S Dillon, Colorado 80435 Phone today, 1-800/922-2590 1981 DIEBOLD 910 FREE STANDING ATM—Floor model auxiliary printer name display. Under service contract. $20,400. Contact Fred or Dick, Phone 319/353-7111. (FS) Write or call in confidence to Cy Kirk or Malcolm Freeland in care of Freeland Financial Service, Inc., 1032 Carriers Bldg., Des Moines, Iowa 50309. Phone (515) 282-6462. Employer pays fee. BANK SEARCH 21 ST CENTURY STYLE — NOW Searching for a position in a bank will never be the same again. Our Electronic Network has over 500 data terminals in the personnel offices of banks across the country including many of the U.S. largest banks, and local client banks as well. These banks want information about YOU! If you are an executive in a bank now, or have been and earning 18K per year or more and seeking a new career challenge - call us anytime at (402) 333-8248 for further information or to request your resume input packet. R.E.B. & Associates, Inc. Executive Search Consultants 13625 C. St., Omaha, Nebraska 68144 POSITIONS AVAILABLE BANKING SR. LOAN POSITION $75,000 - $100,000 + Bonus COMMERCIAL/AGRI LOAN - $50MM community bank seeks experienced commercial lender with some ag background to manage loan portfolio. $35,000 My client is a savings and loan in Texas. We are seeking a successful manager with extensive back ground in mortgage banking, commercial lending, secondary market, and all related functions. This ex ecutive reports to the president and will be very visi ble. Degree and appropriate experience a must. CASHIER - $30MM rural bank close to large city. Supervise operations and handle all regulatory reporting. $28,000 EXECUTIVE VICE PRESIDENT $45 MILLION IOWA BANK 50 BANK MICRO COMPUTER PROGRAMS—Franklin/Apple/IBM PC and others. Overview, Sample Reports, Demo Disk. Send $19.95 to: Bankers Elec. Equip. Inc., 380 N. Wal nut, Grand Island, NE 68801. Phone 308/384-5995. (FS) to$35,000. Potential President for Chicago suburban bank of $20 million. Must have commercial lending experienceTo $45,000. EXPERIENCED AGRICULTURAL LENDING OFFICER for a $26 million bank located in northwest Iowa. Would like some microcomputer experience, if possible. Good bene fit package. Good opportunity for advancement. Send re sume, salary history, and salary requirements to: Security State Bank, Hartley, IA 51346. (PA) AGRICULTURAL LOAN OFFICER—$18 million north central Iowa bank close to Mason City and Charles City has a need for an ag loan officer. Prefer an ag credit degree from Iowa State or other university. Prefer several years experi ence in ag lending either at a bank, PCA, Federal Land Bank or Farmers Home Administration. Depending on the previous experience, could become the person in charge of the ag loan portfolio. Person selected needs to have a good working knowledge of cash flows, financial state ments and documentation requirements. Excellent career opportunity and compensation program. Send letter of in quiry and resume to file WAV, c/o Northwestern Banker. _____________ (PA) SENIOR COMMERCIAL LOAN OFFICER-$100 million as set eastern Nebraska bank desires seasoned commercial loan officer to manage portfolio. Salary commensurate with experience. Contact 402/727-1100. (PA) CEO for smaller southeast Iowa bank. Must be ag-oriented. ....................................................................... Salary Open. Ideal candidate will have five years in commercial lending, ten years overall bank management in ag bank. A degree is required and desire to be CEO in 2-3 years. Excellent opportunity and package. Please call: Phyllis S. Lynch GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 68154 Phone 402/330-3260 (PA) PRESIDENT - for medium size affiliate in major Missouri holding company. Must have strong agri loan experience and proven administrative skills. $ Open OPERATIONS OFFICER ■$20MM community bank close to resort area. Knowledge of regulatory reports and per sonal function a plus. $22,000 INSTL/COMMERCIAL LOAN • lending experience in small community bank environment desired. Good opportunity for advancement. $25,000 All irquiries confidential. A resume and salary history re quested. TOM HAGAN & ASSOCIATES P.O. Box 12346 - 2024 Swift North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Voj. 13 No. 1 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $15.00 per year. Second class postage paid at Des Moines, Iowa. Address all mail subscriptions, changes oil address (Form 3579), manuscripts, mail items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to $32,0
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