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m U V w In State Legislatures Bills A ffectin g Banks Keep Coming ILLS that affect banks in vari ous ways continued last week to occupy considerable time in many midwest state legislatures. Here are a few: Nebraska LB295, as reported earlier, was passed with emergency clause, has been signed by the Governor and is now an active law. This permits statewide branching by acquisition of an existing bank; prohibits de novo branching; increases from 9% to 11% the total of all bank and s&l deposits a holding company may hold, and retains the nine bank limit on MBHCs. LB 452, opposed by the Nebraska Bankers Association and Nebraska Independent Bankers Association, would permit reciprocal interstate banking. It is on general file. LB 453, which would outlaw non bank banks for Nebraska, is sup ported by both N BA and N IBA and also is on general file. LB 614, strongly opposed by bankers, would reduce the usury limit from 16% to 9% with no excep tions, if contiguous states do the same. It is up for final reading. LB 717 is perhaps the most hotly contested issue for it would impose a new tax on banks to recoup money the state had to refund banks when B a previous taxation law was de clared invalid by the court. Iowa HF 554, labeled the “ double jeo pardy” bill by the Iowa Bankers A s sociation, would waive the liability in the UCC for grain and livestock purchasers. Its counterpart is SF 348. IB A opposes the bill and it ap peared headed for defeat, although proponents have asked for a compro mise. SF 545, supported by the IBA, is comparable to HF 412. Would per mit m erging o f affiliates for MBHCs. An amendment called “ home office protection” would al low a bank to purchase another bank in the home county or contiguous county where there are two or more banks in the town and maintain the bank purchased as an office. The amendment states this is not to be construed as statewide branching. Presently, the purchase of a bank and conversion to an office in the home or contiguous county may be done only when the purchased bank is the only one in town. The IB A and Iowa Independent Bankers support it. This would make it easier for a buyer to assume a failed or poten tially failing bank where there is more than one bank in the town. HF 705 passed the House last & L Wednesday but is being held in com mittee with a motion to reconsider. This would permit banks to retain ownership of farm land for five years with a clause for voluntary redemp tion alternatives. A t present, banks must divest of assumed farm land in one year. North Dakota Last Thursday was to be the final day for the North Dakota legislature and with ag issues predominant throughout the legislative session, the legislators were considering on the final day a bill dealing with in terest rates, moratoriums and other negative issues so far as banks were concerned. The bill had been passed by both houses in different forms and was basically being considered for final workout adjustments. SB 2180, classified as the Uni form Marital Property Act, was de feated on a 65-36 vote after an in tense lobbying campaign, which was joined in by the North Dakota Bank ers Association. It was felt the rami fications of the bill had not been studied in depth. SB 2450, providing for a central filing system through the Secretary of State’s office, was passed and signed into law by the Governor. Under this system, filings must be made also with the Secretary of State’s office in addition to the usual filings. The state will fund computerization of these filings for the Secretary, who will then distri- ASK JERRY TRUDO to make MNB work for you. Toll free: 1-800-332-5991 ■*3i Merchants National Bank isi »Member F.D.I.C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ' April 8,1985 Des Moines, Iowa Vol. 13 No. 51 i k A BANKS OF IOWA' BANK H k MM MMMMM NORMEST BANKS MMMMM Norwest Bank Des Moines, N.A. C a ll (515) 245-3131 o r to ll-fre e (800) 362-2514 Member FDIC MM'VMM Teamwork: one of the reasons we're first in Iowa. John Rigler Mark Conway bute a printout of the filings on a monthly basis to interested parties who will pay a fee for such service. Later, it is hoped, direct access may be made to get the computer infor mation on a current basis. Those who do not sign up for the printouts will not be protected by provisions of SB 2450. Minnesota A g problems continue to domi nate legislative minds as they do in other midwest states. An effort was being made in the House last week to push through a moratorium bill, which the Minnesota Bankers Asso ciation opposed. Debate had devel oped into party lines, with Demo crats pushing for the moratorium. One bill signed by the Governor FINANCIAL PLACEMENTS a division of BANK NEWS Call Larry Vohs 816 / 421-7941 Job O penings 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. 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis by panelists: Robert Grathwohl, president, University Bank & Trust, Ames; Milton Paul, president, Iowa State Bank, Des Moines, and Dave Walthall, president, Hawkeye Capi tal Bank & Trust, Des Moines. Social hour will be from 5:30-6:30 p.m., followed by dinner at 6:30 and meeting at 7:30. Reservations can be made with Tom Quinlin, Norwest Bank Des Moines, N.A. * * * “ The Challenge of Change” will be the focus of the 1985 Iowa State Conference of the National Associa tion of Bank Women, Inc., to be held May 8 through 10 at the Hotel Savery in Des Moines. The conference will be hosted by the Central Iowa Group, NABW . Keynote speaker for the confer ence is John Chrystal, president, Bankers Trust Com pany, Des Moines. In addition, the Honorable Katherine D. Ortega, Treasurer of the United States, will speak at the evening banquet, May 9. Heading the conference commit tee is Sharron Marquardt, senior op erations officer at Brenton National Bank in Des Moines. For registra tion information, contact Coleen Monahan, Norwest Bank, Des Moines. * * * DES MOINES: United Central Iowa News Bancshares, Inc., reported last week The Central Iowa Chapter of that the FDIC has filed suit for an Bank Administration Institute will unspecified amount o f damages hold its next meeting April 18 at the against its flagship bank, United Starlite Motel in Ames. Central Bank of Des Moines, N.A. “ Bottom Line Banking” will be The suit is based upon purported the topic of the evening, discussed transactions of Gary V. Lewellyn provides for a $25 million pool for in terest write-down for farm loans. It provides for up to 7% writedown of interest for farm operating or farm ownership loans; requires a 50% or more debt/asset ratio, and is appli cable only to the first $50,000 of a loan. On April 3, a Regional Interstate Banking bill passed out of the House Financial Institutions and Insurance Committee on a 14-12 vote. This would allow regional reci procity with the five contiguous states if they also pass such a bill. M B A supported the earlier regional bill, but opposes this one because it has a 1988 trigger making it a na tional reciprocity bill, and it also allows out-of-state financial institu tions to acquire a failing Minnesota institution. DIRECTO R O F PUBLIC EM PLOYEES R ETIR EM EN T SYSTEM S Seasoned professional required to administer the retirement systems for Nebraska Public Employees/Retirement Board; assets exceed $50 m illion and enrollment num bers more 50,000. Functioning in accordance with established policy and direction, the selected candidate will manage 7 retirement systems with diverse statutory au thority. Responsibilities include acting as Secretary to the Board; interfacing direct ly with employee groups, investment and underwriting firms, consultants and legis lature; and preparing annual budget plans. Solid knowledge of Nebraska law respec tive to retirement systems and a thorough understanding of the general financial/ management characteristics of financial institutions are essential qualifications. The ability to plan for OR experience with office management computer support is necessary. Salary is negotiable. Applications and questionnaires are available from: NEBRASKA STATE DEPARTMENT OF PERSONNEL P.O. Box 94905 Lincoln, NE 68509 (402) 471-2075 An A ffirm a tive A ction /E qua l O pp ortunity E m ployer M/F/H Supplement to Northwestern Banker Newsletter 4-8-85 W here success is etched in quality. K he success of your bond ( portfolio is a function of quality investments. After all, quality is your best assurance of growth in earnings. United Missouri’s Investm ent Banking Division can m ake sure you’re investing in high quality securities. W e offer exactly what you want. And, for over 50 years, pur track record for m aking successful recom m endations has been excellent. Undoubtedly due to our consistently high standards. Call or write us today. W e’ll hold your investm ent information in the strictest confidence. Investm ent Banking D ivision UNITED MISSOURI BANK “ ,D,C of Kansas City, n.a. United we grow.Together. 10th and Grand o P.O. Box 226 o Kansas City, Missouri 64141 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Send Your News Today to the NORTHWESTERN BANKER TELL US ABOUT. . . 306 Fifteenth Street DES MOINES, IOWA 50309 Staff Changes Business Campaigns Mergers, Consolidations New Departments at the Bank Remodeling or New Building BANK ........................... ................................................................ I OFFICER ...... ........................................................... ..........TITLE CITY https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis STATE Open Houses Anniversary Parties Deaths or Retirements Speeches Made by Bank O fficers Special Announcements to the Public 4 FOR SALE We’re Security for You At Security National Bank, w e’re people you can count on to handle all o f your Correspondent Banking needs. So, start corresponding with us. W ere Security for you! SECURRY NATIONAL BANK IN SIOUX CITY, IOWA. M EM BER F.D .I.C. Mosler double-decker cash vault Mosler Century dual night depository Three Mosler walk-up teller windows with all hard ware Mosler 400-A Alarm Systems Brandt coin packager Model 740 ;Brandt coin sorter model 682 Brandt Countess Jr. document counter Contact Ron Lucas; Phone 319/524-4355. Dennis Nafrasen V loe P resident an d M anager DES MOINES: Paige E. Pradko, previously accounting officer of Hawkeye Bank & Trust of Des Moines, has been named vice presi dent and cashier for the bank. Prior to joining the bank in 1984, she was with the Federal Reserve Bank of Chicago. Serving bankers quietly and efficiently. C orrespondent B anking S ervices 712-277-6768 and his related entities involving securities of the former First Na tional Bank of Humboldt, la., for which FDIC was named receiver when the bank was closed by the Comptroller April 2, 1982. United Central Bank President Robert G. Millen said “ United Central Bank had no relationship of any kind with the First National Bank of Hum boldt. It was not a party to, nor did it have any knowledge of, the Hum boldt bank’s business relationships with Lewellyn or his affiliates...Alle gations in the complaint are un founded.” (FS) nedy has been promoted to senior vice president of United Central Bank & Trust Company here. He succeeds Joseph R. Simmens, who has joined Roland State Bank as president. Mr. Kennedy has been with the bank since 1983 and pre viously was with Home State Bank in Jefferson. KALONA: A t United Central Bank & Trust Company, Kim Jordahl was recently elected senior vice presi dent; Jon Cook was named assistant vice president, and Kevin Van Heiden was promoted to cashier. STRAW BERRY POINT: Douglas Piper has joined Union Bank and Trust Co. as vice president. Mr. Piper had been serving as county supervisor with FmHA in Creston, which he joined in 1975. SUMNER: Richard H. Rath has joined The First National Bank of Sumner as senior vice president. He ESTHERVILLE: Phillip D. Ken previously was employed by the Lakes Production Credit Associa tion. CAPITAL PERSONNEL SERVICE 714 U.C.B. Building, 515-283-2545 Des Moines, Iowa 50309 Francis Richards, chairman. He suc ceeds Lawrence Wangrud, who re signed to pursue other career oppor tunities. Mr. Geiger previously was president and chief executive officer of the Mills County State Bank in Glenwood, Iowa, a position he has held sinr.fi 197fi. LINCOLN: Brian L. Kamler has been named president of First Security National Bank. A director of the bank since it opened in 1982, Mr. Kamler had been branch manager o f Union Bank & Trust Co., as execu tive vice president of Northeast Savings & Investment Co. and as a fed eral bank examiner. John Knight, former president, was named presi dent emeritus and will serve as a consultant. He resigned to devote time to personal investments. NORTH PLATTE: Daniel D. Davis has been appointed president and chief executive officer o f The First National Bank and Trust Company Nebraska News KEARN EY: Terry Geiger has been named president and chief executive officer of the Kearney State Bank and Trust Company, according to Estate Appraisals Purchase of Collections Sale o f Rare Coins Reliable and respected service for over 20 years Used by bankers throughout the midwest Ben E . Marlenee Coins https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 913 L o c u s t Des M o in e s , Io w a 50309 515-243-8064 COMMERCIAL-AG LOAN VICE PRESIDENT Position in northeast Iowa. Minimum 3-5 years lending experience. Cash flow and loan documen tation necessary. Excellent benefits and career opportunities with growing multi-bank holding company. Salary commensurate with experience. Send resume and references to: Charles V. Perry, President Parkersburg State Bank Box 70, Parkersburg, IA 50665 Phone: 319/346-2114 (PA) POSITIONS AVAILABLE TRUST OFFICERS - Investment & Personal Florida, Texas, and Cleveland, Ohio. To $75K. MARKETING DIRECTOR - 5 years or more -Omaha. S40-60K AG LENDER - N.E. Iowa. 3-4 years experience. To $30K. AG LENDER - Central Iowa. Bank or PCA exp. 1-3 yrs. To $25K. Richard L. Beem, CPC GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 68154 Phone: 402/330-3260 Member National Personnel Associates We're Nationwide 0 0 # 0 5 Call on the “Experienced Professionals” Ready to meet your correspondent needs. ^IRST A FirsTier Company 0 polis, and David Allison, Allison and Associates, Duluth. of North Platte. He succeeds Bill Deitemeyer, who resigned to accept another banking position. Mr. Davis previously was with First National Bank of Pierre, S.D., for 14 years. OM AHA: The sale of First Westside Bank to Midwestern Services, Inc., an Omaha based multi-bank holding company, was completed Monday, April 1. Raymond D. Pape, Jr., chairman o f Midwestern Services, has been an officer and director of First Westside Bank for seven years. M. David Klipsch, president of First Westside since April, 1982, will be president of the holding com pany as well. • A • ^ ^ 0 0 Minnesota News The Minnesota Bankers Associa tion will sponsor an Operations Con ference Thursday, April 18, at the Holiday Inn Downtown, Minneapolis. General session topics will include productivity and profits, and bank growth in the future. Six special interest sessions will be offered on ACH/Electronic Banking Issues, Consumer Tax Reporting, How to Manage Microcomputers, Disaster Prevention, Check Collection Issues, and IRA/Keogh Update. Speakers for the conference are Richard Franzmeier, The Highland Bank, St. Paul; J. Scott Hutton, First Bank Edina; Carol Warner, Norwest Bank St. Paul; Fred Laing, UMACHA, Minneapolis; Thomas Farin, Aurora Systems, Madison, Wisconsin; Collin Fritz, Collin Fritz and Associates, Des Moines, Iowa; John Nugent, Norwest Corporation, Minneapolis; Roger Raina, Roger W. Raina and Associates, Inc., Minnea Illinois News G. Thomas Andes, president of the First National Bank of Belle ville, has been named to succeed James E. Forster as president of the Illinois Bankers association, effec tive immediately. Mr. Forster, chair man of the DeKalb Bank, resigned as IB A president in order to devote more time to outside business mat ters. Mr. Andes has 20 years of bank ing experience, having started as a farm manager at First National Bank of Belleville in 1965. He was elected president in 1981. He also is Member, F.D.I.C. \ KREJCI & ASSOCIATES • • • • • • • BLAINE: Charles R. Peterson has joined First Bank Northtown as vice president and manager of the com mercial loan department. He most recently managed the commercial loan department of Norwest Bank Maple Grove. MINNEAPOLIS: On March 28, Carl R. Pohlad, president of F&M M arquette National Bank, an nounced that the bank formally changed its name to Marquette Bank Minneapolis, N.A. In addition, the following Marquette banks also have new names: Marquette Na tional Bank at University is now Marquette Bank University, N.A.; Marquette Lake State Bank is now Marquette Bank Lake; Marquette State Bank of Columbia Heights is now Marquette Bank Columbia Heights, and Marquette Bank and Trust Company of Rochester is now Marquette Bank Rochester. • Collections/Loan Workouts Collateral Liquidations Loan Policy & Procedure Documentation/Compliance Bank Operations Pricing Bank Services Personnel Management Available on an interim basis. More than 19 years experience. References available on request. KREJCI AND ASSOCIATES Financial/Management Services 12605 Southdale Drive Omaha, Nebraska 68137 (402) 895-6027 V. J vice chairman and director of the Magna Group, Inc. South Dakota News SIOUX FALLS: First Bank of South Dakota has announced the election of Lee Buffington as execu tive vice president at First Bank Lemmon, and John Johnson as pres ident of First Bank Sturgis. Mr. Buffington most recently was presi dent at First Bank Wessington Springs. Mr. Johnson transferred to First Bank Sturgis in 1977 and was named senior vice president in 1984. Montana News BOZEM AN: Robert A. Thomas has been promoted to vice president and manager of First Bank Bozeman in the real estate department. He joined the bank’s staff in 1984 and is a graduate of Montana State Uni versity in business finance. RISMILLER, WEAVER AND YAKE Getting it done for you* ^ David Rism iller W arren W eaver Chairman President m Ernie Yake Senior Vice Preside President Commerce Bank of Kansas city https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MEMBER FDIC Tplonhnno TelephonemiAj (816)o^A-onnn 234-2000 NA POSITION AVAILABLE PRESIDENT—$6 million northeast Iowa ag bank. Lending background required. Excellent opportunity to advance in a holding company organization. Send resume to: Sharon R. Cmelik, P.O. Box 360, Waterloo, Iowa 50704.______ (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. CEO with 17 years commercial lending background and 11 years as president and CEO. Six years as national ex aminer. References.................................... Salary $50,000. 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) INVESTMENT OFFICER for small regional midwestern bank. Needs 10 years’ experience. Investment portfolio $250 million. Must have excellent credentials. Salary com mensurate with experience. Contact file WCV, c/o North western Banker. (PA) LOAN OFFICER—$50 Million Central North Dakota Bank has an immediate position for an enthusiastic, well rounded lender. Lender should have minimum 5 years lending ex perience. Excellent opportunity with growth potential for right candidate. Send resume and references to: P.O. Box 1074, Bismarck, North Dakota 58502. (PA) COMMERCIAL LENDERS—Excellent opportunities at an aggressive 140 million Norwest Affiliate. We are currently seeking an individual with 5-7 years Commercial Lending experience and an individual with 1-2 years Commercial Lending experience. Competitive salary and benefits. Please send resume to: Norb Harrington, V.P., Norwest Bank Mankato, N.A., P.O. Box 168, Mankato, MN 56001. ___________________________________________ (PA) CORRESPONDENT BANK/AG LENDING—$200 million eastern Iowa bank. Must have experience in banking, PCA, FHA, or Agri business with college degree. Position will entail handling correspondent bank relationships and ag loans. Salary commensurate to experience. Send resume and salary requirements to file WCX c/o Northwestern Banker. An Equal Opportunity Employer. (PA) “SENIOR LOAN OFFICER needed in $65 million bank in Central Iowa. Successful candidate should be strong in all areas of lending, knowledgeable of banking laws, able to supervise, innovative, self starter, good organizer with positive attitude, willing to promote bank and be involved in community.” Send resume to file WDA, c/o Northwest ern Banker. (PA) South Central bank needs LOAN OFFICER. Minimum three to five years commercial lending experience. Cash flow and loan documentation necessary. Send resume and salary requirements to file WDB, c/o Northwestern Banker. ________________________________ (PA) 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, Spen cer, Iowa. Phone: 712/262-1940. (PA) CEO - age 40 - with 15 years experience in ag lending. Cur rently heads small bank. Iowa State grad. Seeks Iowa or Nebraska position................................ Salary negotiable. SENIOR LENDER in $100 million bank. Graduate of Iowa State in ag business................................... Salary $50,000. Linda 515/394-5827 New Hampton, la. 50659 I Jean 515/263-9598 ONIF) 712/779-3567 (M/T/TH) Massena, Iowa 50853 aqri careers , in c . -J AG BANKING PERSONNEL SPECIALISTS WANT ADS—Rates are $5.00 per line per insertion. Add $3.00 for file letters per insertion. Identify of file letter ad vertisers cannot be revealed. NORTHWESTERN BANKER, 306 15th St., Des Moines, Iowa 50309. Phone 515/244-8163 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: VALLEY NATIONAL BANK P.O. Box 906 Des Moines, la. 50304 ATTN: Personnel Dept. Equal Opportunity Employer (PA) 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) You found the best deal on NCR Proof Machines. Call for prices on 7750-6000 7750-2500, etc. COMMERCIAL LOANS - Recognized leading facility in a capital city desires an individual with new business devel opment skills and current urban commercial lending exp. Strong history of promotions within and excellent bene fits. $40K. Until you talk to Bill. Bankers Electronic Equip. Phone 308/384-5995. M> M> M> Í«•M ® RO BERT MHLf= 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID COMMERCIAL LENDER - age 28 - five years experience in quality bank. Lending background, includes commercial, real estate and installments.......................Salary $31,000. AG LENDER with four years experience in $40 million bank and four years in $75 million bank. Good documentation. . ...................................................................Salary $28,000. COMMERCIAL REAL ESTATE - age 44 - College grad - over 12 years experience in $80 million bank.. . . Salary $38,000. AG LENDER - age 32 - Iowa State grad with six years exper ience in $20 million bank. Documentation and collection record excellent........................................................ Salary$28,000. OPERATIONS EXECUTIVE with 3o years experience in $60 million bank. Also, experienced in ag and real estate lend ing. Numerous computer conversions, including IBM-34. . ............................................................. Salary negotiable. TRUST OFFICER with law degree and excellent knowl edge of estate, tax, business and retirement planning. . . . ................................................................... Salary $35,000. INSTALMENT OFFICER with six years instalment and real estate experience. College grad. Now vice president of $50 million bank.............................................................. Salary$28,000. Write or call Malcolm Freeland or Cy Kirk at Freeland Financial Service, Inc., 1010 Equitable Bldg., Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays modest fee. We have many other qualified applicants. BANKING OPPORTUNITIES FOR SALE POSITIONS AVAILABLE SR LOAN OFFICER ■Progressive expansionary rural bank seeks an aggressive ag lender with strong career goals and 4-5 yrs in banking for this highly responsible position. $30K. FOR FURTHER INFORMATION FOR THESE AND OTHER POSITIONS RESPOND IN CONFIDENCE TO: R. KURT ROSENCRANTS AT (515) 244-4414 COMMERCIAL LENDER - age 46 - over 10 years solid lend ing background in $60 million bank. Small business and real estate lending is a speciality...............Salary $38,000. CASHIER with lending experience - age 28 - graduate of Univ. of Iowa. Six years in banking plus experience as ex aminer. Prefers eastern Iowa....................................Salary$30,000. TRUST OFFICER, EMPLOYEE BENEFITS ADMINISTRATION AG LOAN OFFICER - Clean $30mm + Bank with strong benefit pkg is looking for an aggressive career oriented lender with 2+ yrs exp in ag lending in a fin’l institution. $25K +. SR TRUST ADMINISTRATOR - $200mm + and growing trust department is in need of a Senior Trust Administra tor. Must want to be #1 man within a year. Strong estate planning background and 5+ years in trust work are nec essary. Excellent opportunity to move up quickly for the career motivated professional. $38K. Qualified Bankers CEO with 21 years banking experience. Solid background in lending and administration. Doubled bank assets in less than four years. Can assume full responsibility for loan policies and investment portfolio. College grad................. ............................................................. Salary negotiable. THINK NOT CORRESPONDENT BANKER—Metro Minnesota $1 + billion bank. Bus. Dev. and 5 years commer cial and Ag lending experience. Limited travel. Contact Pamela J. Swenson Salary low $40’s. TRUST OPENINGS—Metro Arkansas $200mm bank. Personal TO and TO/Manager of trust opera tions positions. Contact Pamela J. Swenson Salaries to $25K. AG LENDER—South SD $100 + mm bank. Experi enced 100% growth in 5 yrs. 3 yrs lending needed. Contact Barbara J. Ritta $25-30K. COMMERCIAL LENDER—$60mm metro bank, to handle $15mm portfolio, oppty to be SrLO. Contact Barbara J. Ritta $45K. PROFESSIONAL RECRUITERS 6818 Grover Street Omaha, NE 68106 Phone: 402/397-2885 (FS) POSITIONS AVAILABLE FOR SALE 1 - 7750 2501 Proof Machine With MDC, Auto Feed Hopper, Cassette, 12 High Speed Pockets 5 - Model 796-101 CRT’S 1 - 7900-101 CRT 3 - 7901-101 CRT’S 3 - MCCA Boards (Asyn Adapter) (Stendler 3 CRT’S) 14-4.9 mb Disks 16 -13.5 mb Disks IOLA, IOLC, & 6530 Disk With 54 mb Fixed Removable With Cabinet. All equipment under NCR Maintenance Contract. Notify Glen H. Wiebke Vice President & Trust Officer First National Bank of Sumner P.O. Box 206, Sumner, Iowa 50674 Phone (319) 578-3312 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 AGRI-LOAN - Handle all Agri credits for $30MM southern Missouri bank. Could lend to second man position. $30K 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 Serving the Banking Industry Since 1970 Vol. 13 No. 51 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fif teenth Street, 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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