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• Vol. 14 No. 35 Angered Farmer Slays Banker 0 # • • t ® ® " B y BEN H A L L E S, JR. Publisher IOLENT tragedy erupted in a small Iowa com m unity last week when a distraught farmer used a shotgun to kill his wife, the local bank president, a neighboring farmer and then him self on the morning o f December 9. Dale N. Burr, 63, reported by fam ily members to be in a critical financial situation, apparently killed his 65-year old wife, Em ily, first. He then drove to Hills Bank & Trust Company, located seven miles south o f Iowa City, where he tried to cash a check but was rejected until the funds status was clarified. Bank em ployees said he became enraged and left the bank. However, he reappeared in several minutes with his shotgun hidden under his clothing. He walked directly to the office o f John R. Hughes, 46, president o f the bank, who was in conference with a fellow officer, opened the door and fired one shot point blank at Mr. Hughes’ head, killing him instantly. He paused at another office to aim the gun at two other bank officers but the gun did not fire, then left the bank. Authorities say Dale Burr then drove directly to the farm home o f V December 16,1985 Des Moines, Iowa Richard G oody, 37, with whom he had quarrelled over an 80-acre lease on land adjoining the Burr farm, and killed Mr. G oody. He also fired at the victim ’s wife, M arilyn G oody, and her 6-year old son, who had ju st arrived in the fam ily car. A s Mrs. G oody shoved her child out o f the line o f fire she sped away with Dale Burr firing at them. A sheriff’s de puty stopped the Burr truck a few minutes later, called for backup as sistance and when they arrived they found Mr. Burr dead o f a self-in flicted wound. The entire tragic incident took no longer than a half hour, apparently, but left a devastating trail o f grief. Mr. Hughes is survived by his wife, Karen, and tw o daughters, Emily, 17, and Am y, 14. Iowa bankers and townspeople alike were stunned by the sudden ness and viciousness o f the attacks. Mr. Burr was decribed by fam ily members and acquaintances alike as a normally quiet, easy-going person, but one who apparently had gotten him self in deep financial trouble with land purchases. A precipitat ing episode apparently involved a $23,000 check from the ASCS made out to Dale Burr that should have been made out jointly to him and the Hills Bank. When the bank asked ASCS to remedy the error, ASCS reportedly asked them to work it out with Mr. Burr and, barring such an agreement, ASCS would turn over the com collateral to the bank. The latter course was followed, which angered Mr. Burr. The tragic events o f M onday, December 9, then fol lowed in late morning when his check could not be cashed until pro per financial plans were worked out. Area bankers were alerted imme diately and the Lone Tree Savings Bank, where Mr. Burr also did some business, was locked since it was reported he was headed in that direc tion. The Burr fam ily farm is at Lone Tree. Other area bank staffs were edgy through the day, but con tinued business as usual. Bankers and farm leaders all agreed, through numerous press in terviews, that this type o f violent behavior is an aberration, cannot be predicted, and cannot be allowed to shackle the lives o f other farmers and lenders. There are a number o f crisis lines available to farmers and other ag-related borrowers where problem s can be discussed and, in some instances, worked out. Bankers associations have in cluded “ stress” counseling at ses sions in their seminars for many months. For example, several out standing concurrent sessions ad dressing this specific topic from the standpoint o f both the banker and the farm custom er were part o f the ASK TERRY MARTIN to make MNB work for you. Toll free: 1-800-332-5991 Merchants National Bank Member F.D.I.C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis is i A BANKS OF IOWA' BANK Norwest Bank Des Moines, N.A. NORW ESr BANKS Call (515) 245-3131 or toll-free (800) 362-2514 Member FDIC Teamwork: one of the reasons we’re first in Iowa. Financial and other material prob lems can be resolved in some way or coped with, for there are many com petent individuals and organiza tions today who can assist in such resolution, or in counseling how to get a new start in life. And that is far better than a senseless death. □ Farm Belt Bank Leaders Meet in Kansas City A m eeting o f Farm Belt banking leaders, along with A B A and IB A A officials, was scheduled for Monday, nuine concerns and are working as December 16, at the M arriott Hotel we are to find a meaningful direction in Kansas City. This follow s a simi to take to restore stability to the lar m eeting in November, reported people o f our state. W e have the in the November 11 issue o f The same overall objective, and it seems Weekly Newsletter. The position to me that we should create a statement adopted at that time to dialogue that will search for areas o f address short-and-long-term ag fi common ground to work together to nance needs, will guide formulation meet this objective.” o f proposed legislation to be pre W e endorse this foresigh ted sented to Congressional ag leaders. leadership by Mr. Meriwether. W e The banking industry was rejected hope that from his endeavor there by Congress and the Adm inistration may com e a traveling Town Hall in its efforts to have all ag lenders type o f panel com posed o f farmer, considered in the Farm Credit Sys banker, religious, civic and healing tem bill that has now passed both arts representatives who can openly the House and Senate. Sen. Jake discuss the concerns o f all rural peo Gam , chairman o f the Senate Bank ple at forums in rural communities ing Committee, said ag banklending throughout the state. Similar action problem s will be addressed early in and leadership by surrounding state the next session in January. banker associations would give cre dence to such a move. Iowa News If, from this tragic event, there BOONE: Am y S. Beattie has been will come an awakening by the A d m inistration and Congress to the named vice president and trust offi critical nature o f the farm problem cer at Boone State Bank. She has we have all been trying for two years been engaged in a private law prac to convince them exists, then the tice for tw o and a half years. senseless deaths o f John Hughes DU RAN T: Oliver Hansen, chairman and the others will not be totally in and president o f Liberty Trust & vain. The taking o f a human life as a Savings Bank, underwent successful result o f one's problem s is unac double-bypass heart surgery Decem ceptable and abhorred in our so ber 6 at St. Luke’s Hospital in ciety. W e pray that this sad drama Davenport. Mr. Hansen had suf will help all o f us keep financial and fered a heart attack last month in fam ily difficulties in proper perspec W ashington, D.C., and returned tive, before it’s too late, by realizing home to be hospitalized in St. that human life and dignity are Luke’s. He is in Room 423, St. paramount in considering any solu Luke’s Hospital, 1227 E. Rusholme tions to the problem s at hand. St., Davenport, la. 52803. John Cretzmeyer A B A National Agricultural Bankers Conference in Dallas, November 11-13, and all session room s were com pletely filled. The loss o f John Hughes to his fam ily, his bank and his community cannot fully be measured. He was a true leader who genuinely cared about and actively worked hard for the success o f farm families. His in explicable killing is exactly opposite to all that he believed in and what his bank strove to achieve. His death likewise leaves a void in the Iowa Bankers Association where his leadership and wise counsel as a member o f the IB A Board o f Direc tors were recognized by all as evi dence that he was truly a state leader for the industry, stated Neil Milner, executive vice president o f the IB A . Mr. Hughes also was IB A ’s advisory board member to the School o f Banking. The day after news o f the Hills slayings, IB A President J. Bruce Meriwether, president o f First Na tional Bank in Dubuque, wrote a let ter to seven religious, farm associa tion and farm crisis leaders inviting them to attend a m eeting Friday afternoon, December 20 in the IB A boardroom in Des M oines. Mr. Meri wether said, “ I have some very deep concerns about the days that are ahead o f us as we seek solutions to the econom ic and social crisis cur rently affecting us so drastically. I know that you have these same ge- Make The National Bank of Waterloo your custodian bank! • The National Bank o f W aterloo is an approved custodian bank for the state o f Iowa. •Fast, efficient com puterized reporting system . •Provides pledging system to secu re public funds. •Low, low m onthly fees under our system . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Call: 319-291-5235 for complete details. Write: Attn: Don Stonewall, Vice President The National Bank of Waterloo 100 E. Park Avenue Waterloo, IA 50703 NORTH EN G LISH : Les Johnson has been appointed executive vice president o f Farmers Savings Bank. He was form erly executive vice president at Andrew Savings Bank. Serving bankers quietly and efficiently. CAPITAL PERSONNEL SERVICE 714 F irs t In te rs ta te B ank B u ild in g Des M oines, Iow a 50309 515-283-2545 M U CE0/#2—Extremely capable EVP currently in charge of $40MM ag bank with responsibilities of administration of $27MM loan portfolio. Three years bank examiner. Reference says, “Ex cellent banker...very good knowledge of all lending phases... positive attitude...a SUPER PERSON.” B.S. Bus. Admin. Married $40,000 + . Call Linda. NL-2 AG LENDING/FARM MOT —Actively involved in cash crop farm ing and small livestock operation along with being a full-time banker. 21/2 yrs. with a small, rural bank. Handles all lending and operations. Reference says, “He’s very positive and personable... good communication skills.” B.S. degree. Married. Age: 45 $28-30,000. Call Linda. NL-3 LOAN OFFICER — 21/2 yrs. with major holding company. Handles $3-4MM ag portfolio. Looking for career advancement and relocation closer to university with undergraduate program available. Good references. ISU Grad in Ag Education. Married. Age: 24. $20-22,000. Call Linda. NL-4 INSTALLMENT LENDER —Offers 4 1/2 yrs. with $70MM + + bank as loan officer with duties in installment lending, student loans and collections. Receives excellent recommendation from current employer. Dairy background. A.A. Business. Married. Age: 25. $25,000. Call Linda. NL-5 AG BANKER-—31/2 yrs. with $20M M + + ag bank. Handles $5MM in ag/commercial and R.E. loans. One year with FmHA. Available due to limited advancement. Good references. B.S. Ag. Married. Age: 26. Upper $20,000’s. Call Linda. NL-6 BANK OPERATIONS — Reference says, “Efficiency and knowl edge of bank operations are her strongest points. Knows bank operations inside and out.” Seventeen-and-one-half yrs. with $18MM ag bank which included operations, loans, investments, collections, data processing and secretarial duties. Has maxi mized her abilities at the bank and needs a new challenge. Com munity involved. Single. Age: 37. $20,000. Call Linda. NJ-7 SR. V .P . —Over 7 yrs. with same $50mm. Responsible for ap proximately $5mm ag & $5mm commercial loans. A ‘conserva tively aggressive’ banker—able to recognize and add good loans, and work out problems. Strong on cash flows. Thorough understanding of wheat and cattle ranching. Qualified for C.E.O. or E.V.P. positions, or will consider V.P. with growth potential. Prefers Western U.S. location, in or near college town. B.S. Ag Econ. plus numerous ag and commercial lending schools. Mar ried. Age 32. $36-$45,000. Call Jean. NJ-8 JR . AG/0PERATI0NS OFFICER — References say, “Exceptional! Bright and willing to work.” Offers 4 years bank exper. Started in small ag bank running in-house computer and helping with ag loan analysis and collections. Now handles general ledger and loan accounting, and is assistant to comptroller and auditor of Bancorp in $100MM ag bank. Has attended ag lending school and Chicago Board of Trade Marketing Seminar. IBM-PC, Bur roughs, and Hewlitt Packed computer experience. Desires posi tion combining operations and ag lending duties. Farm raised. B.S. Degree. Married. Age 25. $21,000. Call Jean. NJ-9 SR. V .P . —With 4 yrs. current banking experience (VP/ALO, responsible for $10mm ag loans and assists with commercial), and 10 yrs. previous PCA and farm management experience, he’s a versatile and seasoned candidate for your bank. Refer ence says, "Qualified to be Sr. L.O. in any $50-$75mm bank. Able to bring in quality loans...spends time after hours calling on farm customers helping them avoid problems. Excellent on cash flows, documentation, counselling, and QUALITY!” B.S. Ag Econ. and numerous credit schools and banking conferences. Married. Age 39. $35,000. Call Jean. NJ-10 AG LOAN OFFICER-Over 6 yrs. ag lending experience, past 2 yrs. with $50mm bank as #2 in ag dept. Very personable young man with much to offer. Reference says, “Has all the tools to be successful.” B.S. Ag Bus. from ISU. Married. Age 29. $30,000. Call Jean. NL-11 AG LOAN OFFICER — Fourteen months as ag rep. for major holding company. Position eliminated due to consolidations. Makes an excellent personal appearance. B.S. Economics Single. Age: 25. $18-20,000. Call Linda. NL-12 #2—Started banking career as a finance trainee, then con tinued in collections for six years with a savings and loan co. Re cent experience includes bank management, ag, commercial and installment lending along with insurance sales for a small chain bank. Highly recommended by present employer. B.S. Bus. Admin. Married. Age: 36. $30,000. Call Linda. Our reputation of maintaining our candidates’ confidentiality enables us to at tract a select group of ag bankers and lenders... those currently employed and not actively lob hunting, but ready to make a move for the right opportunity. When you describe your needs to us, we contact our candidates who fit your de scription to discuss the position and location to ascertain their Interest before disclosing their names or sending you their resumes. This not only protects our candidates identity, but saves you tlme...when we sub m it a candidate for your consideration, you’ll know he or she has an Interest in your bank, community and salary range. Let us know your needs without commitment; we won’t ‘hound’ you with phone calls or ‘flood’ you with resumes, and there is no fee unless you hire. Linda Heit 515/394-5827 New Hampton, Iowa 50659 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis We serve as the source to locate candidates who meet your qualifications and are interested in your position. We are available to assist, not ‘Insist.’ We allow and encourage your direct contact with our candidates. YOU make the choice and decision without pressure. Supplement to Northwestern Banker Newsletter 12-16-85 Jean Eden 515/263-9598 (W/F) 712/779-3567 (M/T/TH) Massena, Iowa 50853 AG BANKERS AVAILABLE NL-13 AG BANKER—Offers two years of well rounded experience in NL-21 #2—Six years with a finance company in branch manage banking, including audit functions, operations (microcomputer applications), compliance, consumer and ag lending. ISU grad in Ag Business. Married. Age: 25. $20-22,000. Call Linda. ment (receives excellent recommendations from supervisor). Eight years in commercial, installment, residential real estate and ag lending for a $60MM bank. Licensed in insurance lines. Mar ried. Age: 36. $32,000. Call Linda. NJ-14 SR. V .P .—Workout specialist for past 2 yrs. in $25mm bank. Successfully handles large loans and legal matters in clean up process. Six yrs. previous experience as Branch Mgr. with PCA. Strong military background. Reference says, “A high perfor mance individual...digs in and works through problems...a detailoriented, self started...good decision maker, who’s had experi ence by fire.” B.S. Ag. Married. Age 38. $43,000. Call Jean. f j NL-22 AG/0PERATI0NS OFFICER—Reference says, “Aggressive, works well with farmers and did an excellent job screening clients.” Three years ag loan correspondent for finance company and currently assistant branch manager and loan officer with a major holding company. Well recommended. B.A. Ag. Married. Age: 27. $23,000. Call Linda. NJ-15 AG LOAN OFFICER—References say, "A hard credit man; analyzes the total picture, makes a decision, and takes a firm stand...results-oriented.” Over 7 yrs. PCA experience. Respon sible for collections, budget, marketing and personnel. Distin guished appearance, congenial personality. B.S. Ag Age 29. $28,000. Call Jean. NJ-23 V .P . AG LOANS—In charge of $10M M ag loans at $50MM NJ-19 AG LENDER—Currently branch mgr. in charge of loans, NL-24 AG LOAN OFFICER—Reference says, “Excellent ag lending operations, and business development at small branch bank. Has total of 4 yrs. banking experience, with first yr. spent as ag lender and asst, cashier. An energetic, well-spoken individual. M.S Ag plus bank schooling. Married. Age 34. $28,000. Call Jean. knowledge and good rapport with clients.” This extremely sharp ag lender offers four years with FLB most recently supervising a staff of two loan officers and two clerical. Very knowledgeable in agriculture. Quick and accurate in credit analysis. Self-starter. B.S. Ag. Married. Age: 26. $30,000. Call Linda. bank for the past 3 yrs., this candidate was formerly a PCA loan officer. Strengths include constant involvement with loan work outs, as well as ample exposure to other areas of banking. Highly praised by former supervisor. M.S. Ag. Married. Age 39. $34,000. Call Jean. “In some cases, a bank’s employees are the only distinguishing factor between the bank and its competition. We were able to hire, the kind of individual we wanted through AGRIcareerS.’’ Randy Schouten, Pres. £ ^ w • • * Norwest Bank Montevideo, MN N J-17 V.P./AG—Four yrs. as ag lender with major holding com NJ-25 V .P .—Currently in charge of $10MM ag portfolio in major pany bank, and past 2 yrs. as V.P. of $25mm independent bank, in charge of problem ag loans and workouts. Reference says, "Has experience in all areas...learns quickly and thinks before he speaks...really works well with farm accounts.” Farm raised. B.S. Business Admin. Married. Age 28. $28,000. Call Jean. holding company bank. Three + years in banking, 1 year with FmHA. Heavily involved in problem loan workouts and negotia tions. Very community minded. B.S. Ag. Age 27. $30,000. Call Jean. NJ-18 C .E.O .—Offers 7 yrs. bank management experience plus 10 yrs. as bank examiner. Has established loan review procedures and successfully implemented corrective action in problem loans at current bank. Ag and commercial lending knowledge as well as operations, personnel and investments. B.S. Ag. Married. Age 40. $50,000. Call Jean. NJ-19 AG LENDER—Over 2 yrs. with Farm Credit System, plus previous experience in ag sales and teaching vo-ag. References report, "A dedicated and conscientious worker. Pays attention to detail. A smooth and intelligent individual, who has thorough knowledge of agriculture.” B.S. Ag. Married. Age 28. $27,000. Call Jean. NJ-20 AG LENDER—Has 4 yrs. bank exper. Started in installments, is now ag rep handling $3 mil. of $5 mil. in ag loans in $22 mil. bank. Reference says; “strong on cash flows, excells in ag lend ing...understands farming, analytical, good judgment, an outgo ing and popular individual.” Degree in Ag Banking plus MN bank courses and ag lending school. Apple computer exper. also. Married. Age 25. $25,000. Call Jean. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis £ NJ-26 AG LOAN OFFICER—Offers 3 years current bank experience; responsible for half of ag portfolio in $40MM bank; also works with commercial, R.E. and installment loans. B.S. Ag Bus. (ISU—3.8 GPA) plus bank schools. Good experience with computers. Sharp appearance. Married. Age 26. $23,000. Call Jean. ^ NJ-27 C .E.O .—Currently C.E.O. of $50MM ag bank. 15 yrs. bank ing experience. Strong lending/administration skills. B.S./M.S. plus advance banking schools. Married. Age 45. $65,000. Call Jean. ^ NJ-28 SR. MGMT—Now Pres/CEO of $10MM ag bank. Handles all loans, bank management, investments. Prior exper. in correspon dent and trust areas. Strong ag background. Excellent appear ance. B.S. Economics plus graduate of banking schools. Mar ried. Age 37. Will relocate to midwest towns of 1000 or more. $45,000. Call Jean. • NL-29 EVP—Currently responsible for ag, real estate, commercial and installment loans for a $13MM bank along with bank opera tions. Reference says, “He has super credit judgment-no ques tion about it! Excellent rapport with customers.” Looking for a challenge. Licensed in Insurance and Real Estate. B.S. degree. Married. Age: 33. $35,000. Call Linda. • Supplement to Northwestern Banker Newsletter 12-16-85 BANKERS' EQUIPMENT HAS SOME GOOD NEWS FOR YOU ABOUT TELLER TERMINALS * SPEED-ACCURACY-LOW ER COSTS The Sharp BE6500C has the features you want and need to insure quick, accurate customer transactions and teller balancing. It can communicate on-line with your IBM , Burroughs, or other host system (servicer or in-house). This allows your teller personnel to access needed information from the host database and also record the data contained in customer transactions as they occur. 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Mr. Giltner cur were received for the $6.9 million rently serves as president o f First deposit base and its agents pro National Bank o f Omaha and First ceeded with liquidation last week. National o f Nebraska, Inc., its hold Approxim ately $60,000 only was in ing company. He represents the excess o f the $100,000 FDIC insured 10th Federal Reserve D istrict. Mem lim it. Security State was the oldest bers are selected for a one year term o f Broken Bow ’s three state char b y the Board o f Directors o f each of tered banks; however, the other the eleven Federal Reserve Dis tw o— Broken Bow State Bank and tricts. The Council meets quarterly Nebraska State Bank & Trust Co.— in W ashington with the seven mem have deposits o f approxim ately $25 bers o f the Board o f Governors. m illion and $50 m illion respectively YORK: The First National Bank of in this town o f 4,000 population. York has announced four prom o G RAN D ISLAN D : A t Omaha Na tions. Bruce Fagot was prom oted tional Bank Grand Island, four offi from vice president to vice president cers have been prom oted. Dennis L. and com ptroller; he has been with Barkley, form erly vice president and the bank since 1977. Randy Shelden manager o f the commercial and agri was prom oted from assistant vice cultural loan department, has been president o f marketing to vice presi named vice president and senior dent o f marketing; he started with credit officer o f commercial, agricul the bank in 1976. Kevin Henderson tural and consumer lending. Patricia is presently operations officer and A. Orendorff, previously vice presi was named assistant vice president dent and operations manager, will in charge o f operations; he has been serve as vice president and manager with the bank since 1981. Ray o f operations and retail banking. McKenna is currently a consumer Stephen M. Beachler, form erly vice loan officer and was named an assis president and retail banking man tant vice president o f the consumer ager, has been named vice president loan department; he joined the bank and marketing director. Gary Gan in 1980. non, form erly marketing officer, will serve as retail banking officer and Illinois News supervise consumer banking in the CHICAGO: A t Colonial Bank and bank’s Grand Island offices. Trust Company, Robert E. Hahn LIN D SA Y: Bank o f Lindsay has re has been elected senior vice presi cently announced the nomination o f dent and senior lending officer. He James C. A rlt as president and previously was senior vice president Daniel J. Korus as assistant vice and senior lending officer at North president. Mr. A rlt was m ost recent west National Bank, Chicago. Brian ly executive vice president o f Bank F. Bara was prom oted to assistant o f Lindsay and is replacing Barry V. controller. He joined the bank in Marsh who has joined Tilden Bank 1983 after working for the Commu as executive vice president. Mr. nity National Bank o f Pontiac, Korus was m ost recently assistant Michigan. vice president o f Norwest Bank MONTICELLO: Larry Harshbarger Grand Island. has been elected president o f the Na tional Bank o f M onticello. He was form erly president o f the Bank of REGIONAL SECURITIES BROKERAGE FIRM Rantoul. Nebraska News Seeks a bank partner. NASD member; general securities business for 7 years. (414) 748-7788. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Member. F.D.I.C. 13th & M Streets, Lincoln, NE 68501 SPRIN G FIELD : Jeffrey J. Hargroder was recently named chief execu tive officer o f Independent Bankers’ Bank o f Illinois, a bank now being organized by the Independent Com munity Banks in Illinois to provide com m unity banks throughout the state with an alternative in the cor respondence service area. Mr. Hargroder has extensive banking exper ience, m ost recently as a financial consultant for tw o de novo banks, an im port/export com pany and fi nance company. STERLIN G: David Kingland has joined First National Bank as execu tive vice president, according to Joseph D. Henderson, president. Mr. Kingland previously was senior vice president at Norwest Bank, M ason City. Fortify your earnings with quality investment programs. Bond portfolio recommendations from United Missouri Bank reflect over 55 years of portfolio management experience. Call us today for your program. lb U N IT E D M IS S O U R I B A N K MemberFDic Qf K an sas C ity , ii.a . 10th and Grand • P.O. Box 226 Kansas City, Missouri 64141 (816) 556-7200 ................ 1986 CALENDARS * * * * * * * * Buy Direct From The Factory and Saveli Send us your sample and quantity - We will Quote — You Be The Judge! — For all of your Advertising Specialties: STANDARD ADVERTISING SERVICE, INC. Box 432 • Council Bluffs, Iowa • 51501 (serving the banking Industry since 1947) PO SITIO NS AVAILABLE POSITIONS AVAILABLE POSITIONS AVAILABLE Ag Lender-for small town IL bank. Need min. 3 years lending experience. Be Involved In community. Ad vance to management. To $30K. SENIOR CREDIT ADMINISTRATOR for central Minnesota b a n k ............................................................Salary to $30,000 Sr. Lender-Need strong lender with management skills for mid-sized Iowa bank. Must have some workout. To $40K. Dept. Head of Credit Services-Large metro bank. Re quire 5 years credit exp., working knowledge of Comm’l Lending, Mortgage and 2 years supervisory. Acctng. or FJnance degree. To $55K. SENIOR INVESTMENT OFFICER for major midwest bank. Requires experience in bank of $200 million in a s s e ts ___ ................................................................................Salary open EXECUTIVE VICE PRESIDENT for eastern Iowa bank, must have well rounded background In both operations and lending ...................................................... Salary High $40’s SENIOR COMMERCIAL LENDER for $100 million bank In community of 15,000 in upper mid-west.......... Salary open LOAN REVIEW OFFICER for eastern Iowa bank, lending and examiner experience a p lu s ................................ Salaryopen The National Bank of Waterloo has an opening for a MAN AGEMENT TRAINEE. Must be degreed In Business, Fi nance, or Accounting. One to two years of previous bank experience would be a plus. Please send resume to: Na tional Bank of Waterloo, 100 E. Park Ave., Waterloo, Iowa 50704. Attn. Diane Good (PA) COMMERCIAL REAL ESTATE LOAN UNDERWRITER— $900 million asset bank seeks results-orlented Commer cial Real Estate Loan Underwriter. Reporting to Manager of Commercial Lending, underwriter will perform reviews, calculations and make recommendations for all Invest ment opportunities, supervise construction payouts, and review all appraisal reports. Desire person with 3-5 years underwriting experience, keen understanding and working knowledge of financial value concepts, and communica tive and analytical skills. Competitive salary and full bene fit package. For confidential consideration, submit resume to: Human Resources, United Federal Savings Bank, Locust at 4th, Des Moines, IA 50308. (PA) $45 million dollar northwest Illinois bank has immediate opening for experienced LOAN OFFICER with ag back ground and some commercial and real estate training. Ap plicant should be capable of handling all phases of farm lending. Excellent opportunity for advancement. Full benefits. Send complete resume and salary requirements to File No. WDZ c/o Northwestern Banker. (PA) SENIOR COMMERCIAL LENDER for major bank in univer sity city ................................................................Salary open. R egency RECRUITERS. INC. Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 WANT ADS— Rates are $5.00 per line per insertion. Add $3.00 for file letters per insertion. Identity o f file letter advertisers cannot be revealed. NORTHWESTERN BANKER, 1535 Linden Suite 201, Des Moines, Iowa 50309. Phone 515-244-8163. BANKING OPPORTUNITIES COMMERCIAL LENDER— 1-6 yrs experience. Oppty to head $25mm Commercial Dept. Highly re spected large MW holding company. Promote from within. $35K. CEO for $20 million Indiana bank, not a problem b a n k ___ ..........................................................................Salary $45,000 AG LENDER for progressive South Dakota bank, located in major com m unity..........................................Salary $25,000 Please call Malcolm Freeland or Cy Kirk In care of: Freeland Financial Service 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6462 Employer pays fee. (zMoCdsx a n d < ^f’±±oc.iat£,± Bank Consultants Specializing in Bank Acquisitions P.O. Box 450 515-232-0814 405 Main Ames, Iowa 50010 D o n a ld E. H o ld er , Principal COMMERCIAL LENDER—1 yr lending In metro area. $300mm bank. $30K. FOR SALE 10 x 35 FIELD OFFICE TRAILER, Electric Baseboard Heat, Two Wall Mounted Air Conditioners, Peaked Roof, Awn ings, Skirting; Excellent Condition - Ideal for temporary of fice space. - $4,000.00 or best offer. If interested - Please call William D. Ellis at (712) 252-0577. (FS) Contact Barbara J. Ritta at Estate Appraisals PROFESSIONAL RECRUITERS, INC. P.O. Box 24227 Omaha, NE 68124 1-800-225-2885, In NE (402) 397-2885 Purchase of Collections Sale o f Rare Coins CREDIT ADM INISTRATIO N POSITION AVAILABLE Consultant available on a temporary or an Intermediate basis In an on line or advisory capacity specializing In: R eliable and respected service fo r over 20 years • LOAN WORKOUT8 • LIQUIDATIONS • DOCUMENTATION Used by bankers throughout the midwest 22 years experience in acquisition and liquidation Ben E . Marlenee Coins Immediate opening for Bank President to manage two First American Banks In Rugby and Minnewaukan, North Dakota. Candidate must possess extensive commercial and agricultural lending knowledge and experience, strong credit adminis tration skills and proven management abilities. A formal academic background In business or fi nance Is desired. This position offers a compre hensive compensation and benefits package. Please submit a resume and salary requirements to: Personnel Director P.O. Box 1548 Minot, ND 58702-1548 An Equal Opportunity Employer FOR SALE POSITIONS AVAILABLE LOAN OFFICER • Diversified portfolio mainly composed of R/E and small business loans. A strong lender needed to take charge of this $25m portfolio. Located In college town, part of 32 bank H/C offers quick upward promotion and eventual CEO for right person. $35K. EVP • Next CEO. Highly, visible spot in successful rural bank. 5-8 yrs of ag lending In a rural institution, under stands ag business, cashflows, statement analysis and operations. $40K. FOR FURTHER INFORMATION FOR THESE & OTHER POSITIONS RESPOND IN CONFIDENCE TO: KURT ROSENCRANTS AT (515) 244-4414 WORLD’S LARGEST BANKING, DATA PROCESSING & FINANCIAL SPECIALIST ROIMHRT BflfBLF 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID D.E. CHYMA 2932 7th St., Moline III., 61265 — All Replies Confidential — 24x60 Temporary Bank Building with canopies for sale. Available Spring 1986 Equipment Optional 913 Locust Des M oines, Iowa 50309 515-243-8064 POSITIONS AVAILABLE If Interested please call Dennis Prchal at (612) 224-1371 (FS) POSITIONS AVAILABLE AGRI-LOAN - senior lender for $40MM Ag Bank. Work out loan experience desired. $38K COMMERCIAL LOAN • middle management position with $100MM + suburban bank. Need two-four yrs. experience. $28K CASH MANAGER - Need several years of cash management from a $500M+ bank. Greater Omaha. To $45K. SECOND OFFICER - Ag-oriented bank with large cattle loan portfolio. Previous administration experience a plus. $40K CEO - S.E. Nebraska bank of over $20M. Need 10 years or more experience. $40-50K. COMMERCIAL/INSTAL. LOAN - community bank with large retail base. Time will be split evenly between com mercial and instal. credits. $25K COMMERCIAL LENDERS • Need 2 + years In com mercial lending. Omaha. To $30K. All fees are paid by our client employers. Richard L Beam, CPC GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omeha, NE 68154 Phone: 402/330-3260 Member National Personnel Associates We’re Nationwide CREDIT OFFICER • develop and oversee credit dept, for growing suburban bank. Good advancement possibilities. $20K ALL INQUIRIES CONFIDENTIAL PLEASE FORWARD RESUME. TOM HAGAN & ASSOCIATES 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 14 No. 35 Northw estern Benker N ew sletter (USPS 873-300) Is published w eekly by the Northw estern Benker Company, 1535 Linden S treet, Suite 201, Des M oines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $18.00 per year. Second class postage paid at Des M oines, Iow a. Address all m ail subscriptions, changes of address (Form 3579), m anuscripts, m all item s to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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