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• Nebraska News Bill Brandt, general counsel of the NBA, has improved enough from his July 12 heart attack that he has been transferred now to Madonna Rehabili tation Center in Lincoln for therapy. Bill is up and walking on his own, although visitations other than with family members is still restricted. He is delighted with the hundreds of cards and well wishes from friends. His address at Madonna is: 2200 So. 52nd St., Lincoln 68506. The Nebraska Bankers Association and Kansas Bankers Association have announced that their jointly spon sored 1988 School of Trust & Finan cial Planning will be conducted at the Holiday Inn in Lenexa, Kan., O ctober 31-N ovem ber 4. Complete details have been mailed to all banks by the NBA and KB A. 0 £ 0 August 22,1988 Des Moines, Iowa Vol. 17 No. 19 COLUMBUS: First National Bank of Nebraska, parent corporation o f First National Bank o f Omaha, has entered into an agreement to purchase First National Columbus Bancorp, the prin cipal owner o f First National Bank and Trust Company of Columbus. The purchase price of $22 million makes it the largest acquisition ever o f a Nebraska bank. Required regulatory approvals are expected to be com pleted by D ecem ber. First National of Columbus has approximately $210 million in assets, making it the seventh largest bank in Nebraska and second only to Scottsbluff National Bank outside of Omaha and Lincoln. First National of Columbus reported 1987 net income of $2,277,000. In June, First National of Nebraska entered an agreement to acquire First National Bank and Trust of North Platte, a $90 million asset bank. At mid-year, First National of Nebraska had assets of $1.35 billion, of which First National Bank of Omaha ac counts for $1 billion in assets. OMAHA: Gerald E. Karlin, president of Southwest Bank and Trust Com pany, has announced that Scott D. Bradley has joined the bank as a vice president in the lending division. Mr. Bradley has m ore than 17 years ex perience in commercial and real e s tate lending. The past 10 years he has been associated with commercial lending in the Omaha area. OMAHA: John Cochran, president of N orwest Bank Nebraska, N .A ., has announced the following promotions: Dan Finken to senior vice president/ manager of retail banking; Mary Ann Lydick to vice president and manager of delivery support, and Michaela Patterson and Craig Callendine to credit adjustment officers. W EST POINT: Benton O ’Neal, 55, a director of Farmers and Merchants National Bank, died August 22 while visiting at his daughter’s home in Savannah, M o. He had resided in St. Joseph, M o. the past 22 years and was affiliated there with the First National Bank from 1959 until its clos ing and m erger in 1984. He was vice chairman and a director at the time. He had also been an officer of the affiliated Stock Yards National Bank. He was widely-known in Nebraska and other midwest states as a live stock and correspondent bank officer. At the time of his death, Mr. O ’Neal also was a director of the Zook & Roecker State Bank in Oregon, M o. His wife, Evelyn, continues to live at the family home at 1311 Lakeland Drive in St. Joseph 64506, Benton’s brother, Sam O’Neal, formerly with the W est Point bank, is a financial institutions group officer at N orwest Bank Nebraska, N .A ., Omaha. Iowa News Neil Milner, executive vice president of the Iowa Bankers Association, was installed August 17 as chairman-elect of the American Society of Associa tion Executives during the group’s annual meeting in Toronto, Canada. Mr. Milner had previously served as vice chairman of A .S .A .E ., the pres tigious Society of 16,500 association executives who represent trade asso ciations and professional associations in the United States and 27 other nations. * * * Iowa Bankers Insurance & Services, Inc., has announced three dates and locations in late September for its next series of Insurance Continuing Education Seminars that all licensed agents are required to attend period ically. The meetings will cover Life/ Together We Can Accomplish Great Things Call Bob Louvar, MNB Correspondent Banker 319-368-4204 or Toll Free 1-800-332-5991 The" https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Strength Eastern |owa Merchants National Bank Cedar Rapids. Iowa 52401 Member F D i C 2 Center, 4800 M erle Hay Rd., (1-80 & 1-35, Exit 131), D es M oines. Space is limited. Pre-registration is $50 for bankers, $70 for non-bankers; at the door it will be $65 and $85. Contact Heidi McCuddin at IBIS (800) 532-1423 or (515) 286-4395; 300 Lib erty Bldg., D es M oines 50309. ANITA: Iowa Superintendent of Banking Edward L. Tubbs disap proved on August 11 the application of Anita State Bank to relocate in Atlantic and convert the Anita location to an office. The application had been opposed by First Whitney Bank & Trust o f Atlantic and a group orga nized as Concerned Citizens of Anita. CASEY: The FDIC on August 10 granted financial assistance to S ec urity State Bank under its “ open bank” program. Concurrent with the cash infusion of $900,000, Security State has been acquired by Central W est Bancorporation, Casey, la., a newly-formed one-bank holding com pany, which has contributed $1,050,000 to the bank’s capital structure. A ssets o f the bank are about $16.8 million. Security State also has an office in nearby Menlo. JOICE: Farmers Savings Bank has been purchased by Donald E. Sabbann of Clear Lake and Richard A. Halverson o f Corwith, from the son have owned and operated the Corwith State Bank in Corwith for the past 13 years as president and CEO, and as executive vice presi dent, respectively. They also pur chased last January the Farmers State Bank of Grafton, of which Mr. Halver son is president. Mr. Sabbann has been elected chairman and Mr. Hal verson has been elected president at Farmers Savings Bank of Joice. A1 Hagen, with the bank since 1984, has been promoted to vice president. Jean Miller, with the bank since 1976, has been advanced from assistant cashier to cashier. SAC CITY: Ed J. Leahy was elected chairman and CEO of Sac City State Bank, effective August 1. He suc ceeds William C. Hess, who will con tinue as president of Iowa Savings Bank in Coon Rapids and in manage ment of the Garst and Chrystal group of banks, which includes Sac City State. Mr. Leahy had been chairman, president and CEO of Tipton State Bank in Tipton the past three years. Prior to that he was president for 10 years at Northwestern State Bank of Orange City, and from 1969-75 was a correspondent bank officer with the Security National Bank of Sioux City. SHEFFIELD: James E. Coonley I, president of the Sheffield Savings, has announced the addition of Robert For Professional Correspondent Service Call 1-800-622-7262 ThereJks A Difference In Banks... Valley National Bank & M ain O ffice - Sixth and W alnut D E S M O IN E S , IO W A 5 0 3 0 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A B A N K S O F IO W A B A N K M em b e r F D IC IBSli JAMES F. MacLEAN Vice President Foss to the staff as vice president and cashier. M ost recently, Mr. Foss was assistant vice president and manager of the Allison office of Lincoln Savings Bank of Reinbeck. TIPTON : David E. Stephens has been elected president and CEO of Tipton State Bank. Formerly, he was executive vice president at Hawkeye Bank & Trust of Maquoketa and Central Trust & Savings Bank in Eldridge. At Tipton he replaces Ed J. Leahy, who recently accepted a position in Sac City (see above). . South Dakota News The South Dakota Bankers Associa tion will host a seminar on Lender Liability in Financing: Major Causes and Effective Cures on August 26 at the Ramkota Inn, Pierre. Attorneys from Sioux Falls and Pierre will pre sent the seminar. It begins with re gistration at 8:30 and concludes at 12:30 p.m . The fee is $35.00. * * * The Independent Community Banks of South Dakota and the IBAA will conduct an EFT/ACH W orkshop on Sep. 13 at Howard Johnson’s in Sioux Falls, and Sep. 15 at Howard John son’s in Rapid City. The program runs at both locations from 9:00 a.m. to 5:00 p.m ., including lunch. Registra tion is $79.00 for the first employee, plus $40 for additional employees from the same bank. SIOUX FALLS: David K. Hepper has been prom oted to credit officer for N orw est Bank South Dakota in Sioux Falls. He joined N orwest in Brook-. c d fo id e x and. (^ /¡’i.i.o cL a ts.i. H. PETER DeROSIER Vice President Specializing in the Purchasing and Sale o f Banks 515-232-0814 405 Main Ames, Iowa 50010 Donald E. Holder, Principal aqri oirœrs,inc. ___ / BANKING PERSONNEL SPECIALISTS POSITIONS AVAILABLE AT-1 SR. LOAN OFFICER: Five years plus experience in ag lending. Manages 4.3M ag portfolio. Strong in loan analysis, collections, bankruptcies and foreclosures. Re ferences say, “Very thorough and knowledgeable. Good communication skills. Represents bank well.” Comes highly recommended. Looking for advancement pos sibilities. Prefers Wl, MN, IA locations. $28,000. Call 712779-3567. AT-2 INSURANCE MANAGER: This aggressive individual of fers five years experience in insurance sales. Currently responsible for selling and servicing all lines of insurance. Supervises sales force. Also responsible for bookkeeping of agency. Serves on the Board of Directors and the Loan Review Committee. Described as, “Aggressive. Very clientoriented. Ethical.” Candidate is looking for a challenging opportunity in the insurance area. $25,000 plus. Call 712779-3567. AT-3 OPERATIONS/LENDING: Sharp individual looking for an excellent opportunity in the lending field. Five years experience in lending. Also involved with operations and staff supervision. Excellent computer skills. Former super visor describes as, “...offers potential and capabilities to do both lending and operations. Ambitious individual.” BS in Ag Business. Prefers IA, MN, Wl. $23,000-$28,000. Call 712-779-3567. AT-4 AG LENDING: Currently Sr. Loan Officer for FCS. Four years experience. Former supervisors give high recom mendations. Described as, “Strong in interpersonal skills and communications. Good in tough workout situations. Work horse. Picks up on policies and procedures quickly. Very competent.” Conservative lender. Prefers larger com munity. $35,000. Call 712-779-3567. AT-5 LENDING/INSURANCE: Presently sells insurance and securities for insurance company. Also offers over five years experience in lending with FCS. Former employer says, “Strong in organization, documentation and analyti cal skills. Gets along very well with customers.” BS in Ag business. Also holds Wl real estate sales license. Midwest location preferred. $23,000 plus. Call 712-779-3567. AT-6 VP OF LENDING: Ten years experience in finance. Started out as cashier serving as head operations officer and most recently served as VP in lending. Ran a branch office for three years. Reference describes as, “A cash flow lender. Offers a versatile bank background. Above average analytical abilities.” BS in business administration. Willing to relocate. $30,000. Call 712-779-3567. AT-7 SR. OFFICER/CEO: Currently serves as VP responsible for credit administration, lending, loan review, personnel and operations in $42M bank. Major accomplishments in clude the development of new credit and internal loan review policies, establishment of computerized cash flow program and restructuring loan administration procedures. Reference says, “Excellent analytical abilities. One of your choice employees.” Candidate offers over 25 years experi ence in lending. BS in Ag Economics. $40,000-$50,000. Call 712-779-3567. AT-8 AG LENDING: Strong in analytical skills and above average in credit knowledge and documentation, this indi vidual can be a real asset to your lending institution. Can didate offers seven years with PCA/FCS and seeks a pos ition in the banking environment. Excellent references. BS in Ag Econ. IL or Wl location preferred. $33,000 plus. Call 712-779-3567. 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. GARY MAAS 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 year’s compensation. All placements are guaranteed. A complete explanation of our services, fees, and guarantees will be sent at your request. TAMMY JENSEN 712/779-2051 Hwy. 148 & 92 West Massena, IA 50853 AT-9 LOAN OFFICER: Started out as a loan officer for 1 year and is in third year with FCS as special credits officer. Has with PCA and now serves as loan officer in country bank. been responsible for servicing high-risk loans, handling Past experience as plant manager/salesman for FS. Excel collections, and restructuring loans through government lent references! Best described as a mature, seasoned, programs. Excellent references. $30,000. Call 712-779marketing employee. AA degree. IA, MN location. $22,000 3567. plus. Call 712-779-3567. AT-16 AG LENDING: A former supervisor says, “ I give him AT-10 FINANCIAL MGMT: Strong credit background. my unqualified recommendation and endorsement. If a Worked for FLB for 31/2 years, opening branch office and bank is looking for a progressive ag lender who makes booking $90M the first year. Also offers six years experi solid loans, develops new business, protrays an excellent ence as Regional Credit Manager for major company and image and will make them money; he’s their man! A good most recently serves as liquidation specialist for FDIC. BS technician with top analytical skills. A motivated achiever!” Over five years experience in ag finance. BS in Ag Busidegree. $40,000 plus. Call 712-779-3567. ness/Farm Mgmt. $35,000. Call 712-779-3567. AT-11 INSURANCE/LENDING: Five years as assistant man ager for financial corporation. Responsibilities include pro AT-17 SENIOR MGMT. Community oriented individual offers cessing, approving and closing loans; along with collect fifteen years in lending. Currently serves as Sr. VP of 60M ing, supervising and selling. Currently works as a sales bank. Primarily responsible for overseeing and reviewing rep for insurance company. BS in business administration. a 17M loan portfolio and overall bank operations. Super vises three loan officers. Reference says, “Organized, de Prefers a metro area. $25,000. Call 712-779-3567. tailed, very thorough and patient. Relied on numbers and AT-12 INSURANCE SALES: Six years of insurance sales. did an excellent job. Goal oriented.” BS in Economics. Operated agency under contract for four years. Desires to Open on location. $42,000 plus. Call 712-779-3567. get into a bank agency selling all lines of insurance. Excel lent reference. Described as, “Very thorough, effective and AT-18 MANAGEMENT: Currently works as EVP for 8M bank. efficient. Very professional with customers. No problems.” Responsible for 4M portfolio, all regulatory reporting, BS deqree. IA location preferred. $25,000 plus. Call 712- budgeting, marketing, etc. Over nine years experience in lending. Reference says, “Analytical abilities are above 779-3567. average. Can visualize where a loan is going. Good rapport AT-13 BANK OPERATIONS/DATA PROCESSING: Twenty with customers. Excellent communicator.” Prefers MN or years experiencce in commercial bank/thrift industry, with IA location. $30,000. Call 712-779-3567. ten years in data processing and management information reporting systems. Very detail oriented and dedicated to AT-19 SR. LENDING/MGMT: Over eight years with FCS, most completion of projects. Excellent oral and written communi recently serving as a Sr. VP in Special Credits. Possesses cation skills. Good references. Open on location. $28,000* excellent supervisory skills. References describe him as, “Highly motivated, results oriented. Possesses high credit $32,000. Call 712-779-3567. standards and has excellent exposure to the legal environ AT-14 ASSISTANT VP: Two years experience managing a ment lenders operate in.” BS degree in Business Administ $4M short term loan portfolio and a shared $20M long term ration with a minor in accounting. $45,000. Call 712-779portfolio. Most recently serves as AVP for a 100M bank 3567. managing a $13M ag loan portfolio. Co-worker says, “Does a good job dealing with customers and is very strong in AT-20 INSURANCE SALES: Upon deciding to return to con analytical skills — one of the best in the area. No one will tinue education, individual worked as an independent in be disappointed in him.” BS degree. IN location prefer surance agent to help support his family. Main respon sibilities were soliciting, selling and servicing multi-line in red $30,000. Call 712-779-3567. surance products part-time. Has strong desire to continue AT-15 LOAN OFFICER: Very thorough and detailed in in the insurance business. Wants opportunity to work in a documentation skills, this candidate can be an asset to bank agency. Prefers IA location. $17,000. Call 712-779your bank. Worked 1 year as a loan officer for 24M bank 3567. , 712/779-3567 Hwy. 92 W., Box 140, Massena, Iowa 50853 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ ------------------------------------- I m agri carers,inc. 515/394-5827 Hwy. 63 S., Box 307, New Hampton, Iowa 50659 OVER 6 0 % OFM L BANKS IN OUR MARKETAREA ARE NO W INSURED BY THE KANSAS BANKERS SURETY COMPANY That’s R ig h t. . . In th e nine states w e serve w e h ave solved th e b o n d in g needs for 6 o f every 10 banks. That's over 1 6 .4 % of all banks In the United States THE REASONS. . . SUPERIOR SERVICE MOST COMPETITIVE PREMIUMS REALISTIC UNDERWRITING PROMPT CLAIMS SERVICE IF YOU’RE NOT GETTING THE SAME FROM YOUR BONDING COM PANY... GIVE US A CALL - YOU’LL BE GLAD YOU DID. H THE KANSAS BANKERS SURETY COMPANY DAVID E. ABENDROTH Senior Vice President DONALD M. TOWLE President 611 Kansas Avenue P.O. Box 1654 Topeka, Kansas 66601 Phone 1 -9 1 3 -2 3 4 -2 6 3 1 FINANCIAL INSTITUTION BONDS, SAFE DEPOSITORY LIABILITY, CHECKS KITING FRAUD INDEMNIFICATION, DIRECTORS AND OFFICERS LEGAL DEFENSE AND LIMITED INDEMNITY POLICIES https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Serving th e H e artla n d of A m erica sin ce 1 9 0 9 OVER 6 0 % OFALL BANKS IN OUR MARKETAREA ARE NO W INSURED • BY THE KANSAS BANKERS SURETY COMPANY That’s R ig h t. . . In th e nine states w e serve w e h ave solved th e bon din g needs for 6 of every 10 banks. That's over 1 6 .4 % of all banks in the United States THE REASONS. . . SUPERIOR SERVICE MOST COMPETITIVE PREMIUMS REALISTIC UNDERWRITING PROMPT CLAIMS SERVICE IF YOU’RE NOT GETTING THE SAME FROM YOUR BONDING COM PANY... GIVE US A CALL - YOU’LL BE GLAD YOU DID. THE KANSAS BANKERS SURETY COMPANY DAVID E. ABENDROTH Senior Vice President DONALD M. TOWLE President 611 Kansas Avenue P.O. Box 1654 Topeka, Kansas 66601 Phone 1 -9 1 3 -2 3 4 -2 6 3 1 FINANCIAL INSTITUTION BONDS, SAFE DEPOSITORY LIABILITY, CHECKS KITING FRAUD INDEMNIFICATION, DIRECTORS AND OFFICERS LEGAL DEFENSE AND LIMITED INDEMNITY POLICIES https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Serving th e H e artla n d of A m erica sin ce 1 9 0 9 Lincoln Follow the arrow to M uni Bonds. In Nebraska: 800-742-7462 Omaha In Nebraska: 800-642-9305 Outside Nebraska: 800-228-9175 Aim for your Firslier Bank when you want Municipal Bonds. Our investment professionals will give you the direction you need to enhance your portfolio with any investment from Municipal Bonds to U.S. Government Securities. Your FirsTier Team. Here to serve you well. Call us today! FtrsTier Banks Firslier Bank, N.A., Lincoln and Firslier Bank, N.A., O m ah a, M em bers FD IC ings in 1985 as an ag rep, then trans ferred to Sioux Falls in 1987 as a credit analyst. ® W EBSTER: Russ Garry, president and CEO o f Security Bank and Trust Company, died August 13. ® Wyoming News % # • • Four econom ists from the Federal R eserve Bank o f Kansas City will take their views about the econom y to financial executives and other busi ness leaders across Wyoming during September. They are Dr. Byron Hig gins, vice president and economist; Dr. Glenn Miller, vice president and econom ic advisor; Dr. Mark Drabenstott, assistant vice president and economist, and Dr. Gordon Sellon, assistant vice president and economist. The schedule includes programs Sep. 20 in Sheridan; Sep. 21 in Casper; Sep. 22 in Cheyenne, and Sep. 29 in Rock Springs. Details on the Econom ic Forums may be obtained from Lowell Jones, Public Affairs Dept. (816) 881-2683. Minnesota News % # A LB E R T LEA: David R. Lundak has been advanced from senior vice pres ident to president o f the Albert Lea office o f N orw est Bank Minnesota South Central, N .A . He succeeds Dale M onson, who has been named president o f the St. Cloud / Sauk Rapids offices o f N orw est Bank Min nesota Central, N .A . ANNA LEE SCOTT WOULD LIKE TO GIVE YOU A PIECE OF HER MIND. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis CHASKA: Jeffrey F. Burzinski, pres ident of the First National Bank, has announced that William M . Wise has joined the staff as senior vice presi dent. He replaces Tom Sachariason, who recently resigned. Mr. Wise will be responsible for commercial and installment lending. MINNEAPOLIS: Keenen Dammen has been appointed vice president and mortgage sales manager for the mortgage trading and finance group of FBS Mortgage-Residential. He has previously worked with the FBS Capital Markets Group, Salomon Brothers and Residential Funding Corporation. MINNEAPOLIS: First Bank System, which m erged its 14 metropolitan banks in the Twin Cities into one First Bank last January, has announced creation of a new structure intended to streamline delivery of its commu nity banking and financial services products in the Twin Cities market and to make it m ore responsive to its customers. Chairman and CEO Pete Ankeny said the new organization will be called Community Financial Ser vices and will be managed by Mark Sheffert, executive vice president of FBS. Mr. Sheffert said all FBS Twin Cities locations will be organized into four major markets, each of which will be managed by a Community Banking president who will be responsible for all aspects of customer service and community activities. ST. CLOUD/SAUK RAPIDS: Dale M onson is the new president of the office here of N orwest Bank Minne sota Central, N .A ., succeeding David R. Noack, who will retire in mid-1989 after a 31-year career with Norwest. Illinois News CHICAGO: Virginia G. Ousley has been promoted to assistant cashier at The Mid-City National Bank of Chicago, according to President Ran dall J. Yenerich. DOES YOUR BANK NEED AN INVESTMENT CENTER? • New high net worth customers • Added profit • Reduced deposit loss to competitors • Ability to offer complete financial services Your benefits: For information contact: INVESTMENT As part of theBICS i 0-Point Service and Support System, you get your veryown executive account manager. One of these is Anna Lee Scott. Herjob is to make sure BICSgives your bank state-of-the-art data processing...and more. Oneway is withour management consulting service (point #6). We put our minds to work for you so you can serve customers better, operate more efficiently and keep ahead of your competition. To findout howthe BICS 10-Point Service and Support System can give you 100% support, 100% of the time, call 1-800421-0059 or 1-800-332-5242 (inIowa). 1-800-544-7113 First Dakota Building P.O. Box 2796 Bismarck, ND 58502 or P.O. Box 65697 West Des Moines, IA 50265 100% SUPPORT. 100% OF THE TIME. 4333 Edgewood Rd. N.E. P.O. Box 1847 CedarRapids, Iowa 52406 319/395-6600 A Banks oflowa subsidiary SERVING THE UPPER MIDWEST R egency RECRUITERS, INC. 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 Diane Evans RYAN AUCTION C O ., IN C. BANKING "Professional assistance in hiring and career advancement" ca reers quality service by experienced professionals 525 Merle Hay Tower Des Moines, Iowa 50310 515-276-1151 Sandi Garner 515-832-1258 Tues / Wed / Fri Jean Eden 515-276-1151 Confidential. Fees Paid by Employer. Decorah, Iowa 52101 Farm Equipment Specialist Appraisals & Auctions Call Dale Ryan 319-382-8648 FO R SA LE RECONDITIONED BRANDT Coin Sorters-Counters BRANDT Currency Counters New Warranty 402-571-5577 For Sale Sales and service of new and rebuilt equipment. Am erican Bank Equipm ent Inc. Sales — Service — Installation 402/571-5621 WANT TO BUY WANTED—To buy control position of a medium size bank within 60-mlle radius Cedar Rapids. Deal direct or through your attorney. Provide pertinent Information on which we can base an empirical Judgment. Quick confidential ac tion. We are principals not brokers. Contact File No. WOC d o Northwestern Banker. (WTB) PRESIDENT/CEO or #2 PERSON with over 15 years ex perience including lending, investments, administration, marketing, operations, asset/liability management, auditing, director. Looking for lasting opportunity and/or partial ownership. Contact File No. WNY c/o Northwestern Banker. (PW) AG LOAN OFFICER for $30 MM central Iowa bank, 2-3 years experience ag (FmHA, SBA Guarantees, consumer loan experience helpful). Need aggressive self-starter will ing to call on existing and new prospect lines. Send resume and salary history to File No. WNZ c/o North western Banker. (PA) #1 or # 2 position in $25 to $50mm bank. Age 41. 18 years banking experience, 10 years as president, including: strategic planning, budgeting, cost control, leasing, term workouts, trust receipt financing, SBA loans, all phases lending. For complete resume contact File No. WOD c/o Northwestern Banker. (PW) INSURANCE: Need aggressive individual with all licenses to manage agency in central Iowa with great potential. Responsible for selling and servicing all lines of In surance. Must also be willing to cross train in banking and loans. Send resume and salary history to File No. WOA, c/o Northwestern Banker. (PA) POSITIONS AVAILABLE AG LOAN OFFICER - 2-5 yrs. exp. in ag lending bank & FHA background ideal. So. Central Nebraska. To$30K Dorothy Minister, CPC GUMBERT EXECUTIVE EXCHANGE 9802 Nicholas Street, Suite 370 Omaha, NE 68114 Phone: 402/390-0275 FOR SALE FOR SALE - 1984 Burroughs Model S3000 24-pocket proof machine, on line capability, 8” diskettes, and supplies. $12,500. Call 1-800-461-8000, ask for Bill Massop. (FS) DO N-SCHO O LER Ir AND- i W A SSO CIAT ES "Successful Banking is Quality Personnel". PO SITIO N S A VA ILA B LE VP OPERATIONS Looking for advancement and new direction? Fast growing finan cial institution seeks knowledgeable bank accountant for man agement position. Must have strong accounting knowledge and super understanding of ins and outs of banking. $32 AG LOAN OFFICER Eastern Iowa bank seeks talented ag lender for profitable organi zation. Must be people oriented, have current banking experience and desire greater opportunity. Great job, won’t last long. $26K. PRESIDENT POSITIONS AVAILABLE EXEC. VICE PRES., head of lending, $175mm, good administrator, good teacher .......... $55,000. (515) 244-4414 ALL FEES COMPANY PAID POSITIONS A V A IL A B L E TRUST MARKETING • large urban bank. R equires degree LOAN ADMINISTRATION & LOAN ACCOUNTING SUPERVISOR, huge portfolio, will be working with computer input in large main frame computer . . . ..................................................... $40-45,000. dary m arket expe rience required. P ro xim ity of m ajor m etro area. $40K HEAD OF CONSUMER, $10mm dept., exp. in indir ect business development, top bank . .$25-30,000. 317 6th Ave, Ste. 650 Des Moines, IA 50309 lending, planning and p.r. skills who can be a real leader in a growth-positioned smaller bank holding company. Owner seek ing strong person at holding company and bank level. Equity position available. Contact File No. W NW % Northwestern Banker. and tru s t expe rience. FOR MORE INFORMATION CONTACT KURT ROSENCRANTS AT m w n .M C . SEEKING EXPERIENCED executive with good managerial, VICE PRESIDENT, commercial lender, $200mm + solid bank, middle market credits ___$40-45,000. AG LENDER, lines of $100,000-$500,000, strong cash flow and documentation .............$30-35,000. o f Profitable $50-100 million Iowa independent bank seeks LOAN REVIEW AND COMPLIANCE OFFICER. 3 yrs. bank ing or examiner exp. required. Excellent oppy. for advance ment. Outstanding benefits with salary commensurate with exp. Submit resume along with salary requirements to File No. WOB c/o Northwestern Banker. (PA) PRESIDENT, $300mm bank, top administrator, top budgeter, top marketer, strong lender . .$100,000. Few jobs this good! Are you a rural bank president looking for larger community and more challenges? Unlimited potential in exceptional growth situation. Must have ag skills, client skills and present presidential background. $50K R O B E R T H C 8LF Bank in eastern Iowa community of 30,000 is seeking VICE PRESIDENT AND TRUST OFFICER for management of $30M trust dept. The successful candidate will have a general trust or trust related experience, the ability to manage people, and be sales-oriented. J.D. preferred. Resume, references and salary requirements are being ac cepted in complete confidence from qualified individuals atP.O. Box 271, Clinton, IA 52732 EOE/M/F/H (PA) VICE PRESIDENT, commercial lending, good outstate town, good location, solid bank .$30,000. COLLECTOR, lake area, reputation bank . $20,000. SECOND OFFICER, small country bank, all types of lending, business development ........... $24,000. DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417)882-2265 $35K REAL ESTATE LOAN • s in g le fa m ily re sid e n tia l and secon LOAN REVIEW - large bank expe rienced required. Both ju n io r and se n io r level p o s itio n s availab le. $28-$40K COMMERCIAL LENDING - V.P. p o s itio n s in urban and large subu rba n banks. P ersonal p o rtfo lio s from $20MM to $50MM. $40K BRANCH MANAGER - han dle sm a ll business and c o n sum er c re d its . M ed-size c o m m u n ity a ffilia te of m u ltiba nk holdin g com pany. $24K A d d itio n a l lis tin g s fo r c o m m e rcia l lending and tru s t o ffic e rs . R esum e’ requested. TOM H A G A N & ASSO C IATES P.O. Box 12346/2024 S w ift N o rth Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970“ Vol. 17 No. 19 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden Street, Suite 201, Dee Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $24.00 per year. Second class postage paid at Das Moines, Iowa. Address all mall 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
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