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Des M oines, Iowa 3 Banking B ills N o w Before Senate E N A T E Banking Committee members began their hearings December 1 on the Proxmire- G arn B ill that would grant limited securi ties powers to banks, and were promptly greeted unexpectedly with two more bills. Senators Tim W irth (D., Colo.) and Bob Graham (D., Fla.) had an nounced at a press conference on November 20 their Wirth-Graham Bill that would provide a complete restructuring o f the financial system in the nation. A m ong other things, it would terminate the grandfather status o f non-bank banks. In response, Senators Alfonse D ’Am ato (D., N .Y .) and Alan Cran ston (D., Cal.) introduced their bill December 1 which would empower non-bank entities to continue in business. It was introduced specifi cally for the M ayflower Group. The Wirth-Graham Bill, titled Fi^ nancial Services Oversight A ct, is based on the proposal put forth as a study model last Tuesday by E. Gerald Corrigan, president o f the Federal Reserve Bank o f N ew York. T itle I would create a Financial Services O versigh t Commission made up o f nine votin g members—a chairman and vice chairman ap pointed by the President and the heads o f nine federal regulatory agencies. The summary provided by Sens. W irth and Graham list the following S 0 0 under “ Permissible A ctivities” : • Bank (thrift) holding companies could own and control one or more banks or thrifts and could engage in a broad range o f financial services but could not be owned or controlled by a nonfinancial-commercial con cern nor be engaged in “ nonfinancial” activities. • Financial holding companies could not be owned by a commercial firm; they could offer noninsured transaction accounts; at their op tion, they could obtain access to the payments system and in that pro cess gain limited access to the dis count window; and in such circum stances, be subject to interest earn ing liquidity reserves. A financial holding company could also choose, at its option, to own and control in sured banks and thrifts thereby voluntarily shifting its status to a bank or thrift holding company. • Commercial holding companies may engage in any commercial enterrprise they choose and may also engage in nonbank financial activi ties. Commercial holding companies may not own or control a bank or thrift, and are barred from any direct access to the payments sys tem and may not receive liquidity assistance from the central bank. T itle I I would amend banking and securities laws, including these points: terminate grandfather sta tus o f nonbank banks; after March Decem ber 7,1987 1,1988, allow banks to engage in ac tivities allowed by the Commission; amend sections 20 and 32 o f GlassSteagall A c t to permit certain se curities activities to BHCs. T itle I I I would modernize and govern the National Electronics Payment Corp. Secondary Market B ill Meanwhile, the entire Senate completed its work on S .1665Farm Credit A c t Amendments of 1987. A final vote was to be taken at 10 a.m., Dec. 4 so Sen. Robert Dole (R., Kan.) could be present to vote “ yes” as part o f what was expected to be an overwhelming affirm ative vote. This includes Title V II, estab lishing a farm real estate m ortgage secondary market which banks and life companies can access equally with the FCS. It seems assured o f Presidential O K and may go to a House-Senate conference late this week. □ John Chrystal Honored John Chrystal, chairman and CEO of Bankers Trust Company, Des Moines, who has been a guest visitor in Russia 13 times to critique Soviet agriculture, has been invited by the State Department to be one of 60 guests at a White House dinnerreception for Russia’s General Secre tary Mikhail Gorbachev when the lat ter makes a historic visit to Washing ton this week. In addition, he has been invited by the Russian Embassy to attend a private reception for Mr. and Mrs. Gorbachev. After more than 120 years of providing correspondent banking services to the Midwest, you can say weVe had a chance to polish our trade. Find out for yourself. Count on Commerce. 1-800*892-/100 1-800-821-2182 MCommerce Bank https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (Outside Missouri) o f Kansas City Norwest Bank Des Moines, N.A. NORWEST BANKS Call (515) 245-3131 or toll-free (800) 362-2514 Teamwork: one of the reasons we’re first in Iowa. Mark Conway To: Bank President... We can help you maximize the perfor mance of your people. We specialize in: • Testing • Recruiting • Compensation Plans Call Us! Member FDIC □avid L. Hansen, CCP Dorothea Wolfe H A M IL T O N / / ASSOCIATES 100 Court Ave., Suite 306 Iowa News C E D A R R A P ID S : P B Bancorp, which signed a letter o f intent with Norwest Corporation September 9, signed a definitive agreement on November 25 for Norwest to acquire P B Bancorp and its wholly-owned subsidiary, Peoples Bank and Trust Company, together with Peoples M ortgage and Investment Com pany. The transaction is subject to regulatory and shareholder approv al, with completion expected during the second quarter o f 1988. Peoples Bank has in excess o f $260 million assets. Norwest said it plans to com bine its Norwest Bank Marion, N .A., (assets in excess o f $90 mil- D ick Retz M N B C o r re s p o n d e n t B a n k e r Together We Can Accomplish Great Things Call 319-398-4806 or toll free 1-800-332-5991 Strength of Eastern |owa Merchants National Bank 13 Cedar Rapids. Iowa 52401 Member F 0 1C https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A BANKS OF IOWA BANK lion) with headquarters at Peoples' Des Moines, Iowa 50309 515/282-0221 Cedar Rapids main location, result ing in a bank with approximately $350 million in assets and eight the Ridgeway office as well. Com banking offices in the greater Cedar bined assets o f the two banks exceed $86.4 million. Rapids area. S IO U X C IT Y : Norwest Bank Sioux C ity announced December 1 it has c om p leted th e a c q u isitio n o f substantially all o f the assets and liabilities, including all customer deposits, o f The T o y National Bank o f Sioux City. W ith assets o f appro xim ately $300 million, Norwest Bank Sioux C ity now is the second largest banking organization in the Sioux C ity market area, according to Michael J. Moeller, president of Norwest Bank Sioux City. The commercial lending limit of Norwest Bank Sioux C ity will in crease to $3.5 million as a result of O S K A LO O S A : A t Mahaska State the acquisition. Included among the Bank, Ronald D. Levis has joined assets acquired by Norwest are con the staff as senior vice president and sumer and commercial loans, and manager o f the loan department. He the T o y Bank’s Sioux C ity branches formerly was senior vice president at 1703 Pierce Street (Mid-town) and at the Security Savings Bank in 4360 Sergeant Road (Southern Hills Mall). E ffective December 1 the for Eagle Grove. mer T o y branches became branches R ID G E W A Y : Farmers State Bank o f Norwest Bank Sioux City. Nor here was acquired December 1 by west did not acquire T o y ’s main Cresco Union Savings Bank of Cres- banking facility at Fourth and Neb co and will continue operations as an raska, which remains the property of office o f Cresco. Robert M. M c Toy. Queen, president o f Farmers State, A number o f key T oy executives remains with Cresco Union in Ridge will be joining Norwest. These in way as vice president. A ll other clude Don Vaudt, executive vice Farmers State staff continue with president o f the T o y Bank, and vice G A R N E R : Herbert L. Ollenburg, 76, chairman o f Hancock County National Bank here, died November 26 at his winter home in Mesa, Ariz. Funeral services were held in Garner November 30. Mr. Ollenburg was president o f the Iowa Bankers Asso ciation in 1962-63 and served in the Iowa Senate from 1968-72. He was president o f Hancock County N a tional from 1944-77 and had been chairman since 1977. He was suc ceeded as president by his son, Spen cer L. Ollenburg, who continues to hold that position. t's easier to talk Iowa banking with people w h o live it — people like Steve Brewer and the corre spondent staff at Bankers Trust. I C a ll 1-800-362-1688 or 515/245-2424. B ankers Trust Des Moines, IA Steve Brewer M em ber FD IC C om m ercial B an k in g O fficer In 1928 U.S.A. won the Olympics, Amelia Earhart became the first female pilot to cross Atlantic Ocean and United Missouri opened its Investment Banking Division. U nited M issouri Bank announced Investm ent Banking Services in ’28. It didn’t m ake national headlines. It did m ake a difference. Since then, U nited M issouri has h elped thousands o f banks build th eir investm ent portfolios. It has done it b y thorou gh ly analyzing th e m arket, skillfully w eigh in g y ield versus risk and carefully avoiding inappropriate investm ent strategies. A s a result, U nited M issouri custom ers have consis te n tly e x p e rie n c e d p o s itiv e resu lts th rou gh yea rs o f econom ic change. Tbday, U nited M issouri’s Investm ent Banking D ivision still makes a difference. It can m ake a difference fo r you. Call U nited Missouri concerning your bank’s investm ent portfolio. A n d, pick the proven perform er. lb U N ITE D M ISSOURI BANK of Kansas C ity, n.a. Member FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C ■ W P.O. Box 419226, Kansas City, Missouri 64141-6226 816-556-7200 president for the investment bank ing department o f Kidder, Peabody & Company in Chicago. H e was with the company for 20 years. 4 A Meeting O f The Minds. At Security National Bank, our minds are on meeting all your Correspondent Banking and Investment needs. W e’re Security for you! Ron Kiel Linda Rodehorst Correspondent Banking Officer 712- 277-6736 Investment Representative SECURITY NATIONAL BANK IN SIOUX CITY, IOWA. p resid en ts S ta n ley F redericks, James Tritz, Thomas Van Dyke and W illiam Jansen. Mr. Moeller also in dicated that the board o f directors o f Norwest Bank Sioux C ity will be ex panded to include former T oy board members Cy W . Chesterman and John S. Holtze. MEMBER F.D.I.C. 712- 277-6745 N .A . was the naming o f Donald L. Jorgensen to vice president/trust. H e joined the bank in 1952 and has held several positions in the trust area. M ost recently he was assistant vice president/senior administration officer. Minnesota News Nebraska News The K B A / N B A Schools o f Bank ing, Inc. has announced its 1988 pro fessional banking schools schedule. The School o f Banking Fundamen tals will be March 21-25 at the H oli day Inn in Manhattan, Kan. The P D P Intermediate School o f Bank ing First-Year Session will be Sep tember 18-23 and the Second-Year Session June 18-23, 1989, both in Manhattan. The Commercial Lend ing School will be held A pril 17-22 at that location. The P D P Agricultural Lending School will be August 28 to September 2 at the Ramada Inn in Kearney, Neb. The School o f Trust & Financial Planning will be Octo ber 31 to November 4 at the Holiday Inn in Lenexa, Kan. For further in formation, contact Jone Beer or RoJean Clifton at the Schools o f Bank ing, 525 S. 13th Street, Lincoln, N E 68508, (402) 474-3313. O M A H A : Am ong recent promo tions at Norwest Bank Nebraska, BANKING The Minnesota Bankers Associa tion will present a half-day seminar on FASB-91 on December 8. FASB 91 is the new accounting standard relating to recognition o f loan fees and costs which has been adopted by all three banking regulators. The seminar begins at 1:00 p.m. and will be held at the Radisson South in Bloomington. E D E N P R A IR IE : First State Bank of Eden Prairie has elected Daryl Standafer president and chief execu tive officer. Mr. Standafer began his banking career with First Bank Sys tem in Worthington, and later served in FB S positions in Minnea polis and Edina. M ost recently he was senior vice president o f Re source Bank & Trust in Minnetonka. M IN N E A P O L IS : Richard S. Trenkmann has been named senior manag ing director and head o f the cor porate finance department for the First Bank System merchant bank ing group. H e formerly was a vice "P rofessio n al assistance in hirin g and career advancem ent" quality service by experienced professionals 525 Merle Hay Tower Des Moines, Iowa 50310 515-276-1151 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Jean Eden 515- 276-1151 Sandi Garner 515- 832-1258 Tues / W ed / Fri Confidential. Fees Paid by Employer. M IN N E A P O L IS : First Bank S y s -* tem recently named Ron Larson president o f its M atrix Leasing sub sidiary. He is also senior vice presi dent o f FB S National L easin g^ Group, o f which M atrix is now a unit. W ith the addition o f M atrix assets, the National Leasing Group expects to report year end assets of $ 1.2 billion. M atrix Leasing, an in -£ dustry leader for 15 years in taxoriented leverage, single investor and portfolio transactions, has of fices in San Francisco, N ew York and Minneapolis. Q N E W B R IG H T O N : First Wisconsin C orporation o f M ilw au kee an nounced Novem ber 24 its plan to ac quire Sahara Bancorp, Inc., w hich# owns the $95 million First State Bank o f N ew Brighton. Located in the northern Twin Cities sector, First State has branches in Moundsview and Shoreview. H al C. K u eh l,# chairman o f First Wisconsin Corpo ration, and Harold J. Pohlad of Sahara Bancorp, made the an nouncement. First Wisconsin earlier this year announced its acquisition# of Shelard Bancshares, St. Louis Park. These two acquisitions posi tion First Wisconsin in the south, west and north areas o f the Twin Cities. ^ ST. P A U L : Am ong recent promo tions at American National Bank was the naming of Lynn G. Lindsay to vice president/manager-interna- 0 tional. H e joined American in 1985 as assistant vice president/managerinternational. Illinois News C H IC A G O : Harris Bankcorp, Inc. and Norris Bancorp, Inc. have an- ^ nounced the signing o f a letter o f in- ^ tent under which Harris would pur chase 100% o f the common stock of Norris Bancorp for $22 million in cash. Norris owns State Bank o f St. ^ Charles and The First National Bank o f Batavia. The two banks have aggregate total assets o f $174 million and total deposits o f $161 million. The proposed acquisition is £ subject to the signing o f a definitive agreement, regulatory approval, and 1981 1982 1983 1984 1985 1986 1987 W H E R E D in 1 9 8 8 G O ? If it's not on your rubber stam p da ter, WE H A V E THE ANSWER. D E S M O IN E S S T A M P M E G . C O . 851 - 6th Ave. B o x 1798 D es M oines, 1A 50306 1-515-288-7345 1-800-STAMP-ON SINCE 1880 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IOWA BANKERS if PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HA VE YOUR PREMIUMS SKYROCKETED? We have been solving Bankers bonding problems for over JS years . . . AND AT THE LOWEST POSSIBLE PREMIUM! CALL OR WRITE IOWA BANKERS INSURANCE AND SERVICES, INC. 104 EAST LOCUST STREET DES MOINES, IOWA 50308 1-800-532-1423 or (515) 286-4344 KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TOPEKA, KANSAS 66601 (913) 234-2631 SOUTH DAKOTA BANKERS PROBLEMS WITH YOUR BANK’S BOND? A R E YOUR UNDERWRITERS DEMANDS EXCESSIVE? HA VE YOUR PREMIUMS SKYROCKETED? Are you FORCED to write one type of insurance with a company at a higher premium, just so they will write another type of policy for you? IF SO... PLEASE CONSIDER THIS We have been solving Bankers bonding problems for over 75 years . .. AND AT THE LOWEST POSSIBLE PREMIUM CALL OR WRITE KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 TOPEKA, KANSAS 66601 (913) 234-2631 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OWNED BY BANKERS SERVING BANKERS approval o f shareholders o f Norris Bancorp, Inc. The two banks would bring to ten the number acquired by Harris since its acquisition program •b ega n in 1982. Wisconsin News E A U C L A IR E : Thomas P. M ihajlov has been appointed vice president and economic development officer of First Wisconsin National Bank, Eau Claire. Since 1985 he has worked as senior finance officer for the Wiscon sin Business Development Finance Corporation. H e currently is also an adjunct instructor in the University o f Wisconsin—Eau Claire’s depart ment o f business administration. C H IC A G O : UnibancTrust Com pany has announced it has signed a contract to acquire 100% o f the •sto ck o f Vanguard Financial Service Corporation, a privately held Lom bard-based lessor o f office equip ment, at a cash price o f approxi mately $7.9 million. Closing is ex K O H L E R : First Interstate Corpora p e c t e d prior to year end. Unibanc tion o f Wisconsin has announced a Trust Company is a wholly-owned stock repurchase program whereby subsidiary o f Unibancorp, Inc., it may buy up to one million o f its which is also the parent holding own shares. I t has 8.2 million shares company. outstanding. E V A N S T O N : First Illinois Corpora tion has announced a program to re purchase up to 1.5 million shares o f its common stock on the open mar• k e t during the next 24 months. A ll repurchased stock will be held in the corporation’s treasury. S P R IN G F IE L D : Marine Corpora t i o n has announced the completion of its acquisition o f Commercial Bancshares, Inc. o f Champaign for $16.6 million in cash. Commercial is a one-bank holding company with •a s se ts of $98 million and offices in Champaign and Urbana. Marine had assets o f about $776.1 million as of September 30. In addition, Marine’s board o f directors has authorized • t h e repurchase o f up to 250,000 shares o f its common stock over the next 12 months, on the open market or in privately-negotiated transac tions. I t will pay for repurchased • s t o c k with general corporate funds. Marine currently has 6,027,092 com mon shares outstanding. Montana News John Reichel, Montana vice presi dent, to the American Bankers Asso ciation, has resigned from that posi tion, due to his retirement as manag ing director for First Bank System Banks o f Montana at the end of 1987. H e has been active in the Mon tana Bankers Association and is an ex-officio member o f the M B A board of directors. Colorado News D E N V E R : Steven B. Stemper has been elected vice president and as sistant controller o f the Colorado National Bank o f Denver. Mr. Stem per, a C PA , began his career in fi nance as an audit manager with Ernst and Whinney. H e joined CNB in 1986 and is responsible for account ing, word processing, tele-communi cations and mini-computer depart ments o f the bank. G R A N B Y : The F D IC has approved the assumption o f the deposit liabili ties o f Middle Park Bank, Granby, by Bank o f Kremmling, Kremmling. Middle Park Bank, with total assets o f $33.6 million, was closed on November 10 and reopened on Novem ber 12 as a branch o f the Kremmling bank. Bank o f Krem mling assumes about $29.5 million in deposits and has agreed to pay the F D IC a purchase premium of $177,111. I t also will purchase cer tain o f the failed bank’s loans and other assets for $20.5 million. The F D IC will advance about $9 million to the assuming bank and w ill retain assets o f the failed bank with a book value o f about $13.1 million. W IN T E R P A R K : The F D IC has ap proved the assumption o f the deposit liabilities o f Bank o f W inter Park, W inter Park, by The Bank of Aspen, Aspen. The W inter Park bank, with total assets o f $25 mil lion, was closed on November 10 and reopened as a branch o f The Bank of Aspen on November 12. The Aspen bank assumes about $22.3 million in deposits and has agreed to pay the F D IC a purchase premium o f $367, 000. I t also will purchase certain o f the failed bank’s loans and other assets for $4.7 million. The F D IC will advance about $17.6 million to the assuming bank and will retain assets o f the failed bank with a book value o f about $20.3 million. The Bank o f W inter Park had the same m ajority ownership as M iddle Park Bank, Granby, which also was closed on November 10. f F irst In terstate Bank We’re setting the pace, 1-800-362-1615 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Joan Thompson Nancy Tierney Investment Services Investment Services 6 POSITIONS AVAILABLE dan CAREERS, INC. AG LOAN OFFICER—Community bank needs an aggres-A sive, promotable lender who has the desire to move up. Degree plus excellent people skills.....................To $30,000. AG BANKING PERSONNEL SPECIALISTS TRUST OFFICER—Will supervise and direct the Employee Benefits department of a large Trust division. JD preferred but not required..................................................... To $40,000. COMMERCIAL LENDER— Polished professional with for mal credit training and proven leadership ability. W i l l 0 supervise and direct 3 loan officers In a large commercial department of a metro bank.................................To $50,000. Financial Careers, Inc. Marty 712/779-3567 Masseria, IA 50853 Annetta 515/394-5827 New Hampton, IA 50659 Two Ruan Center/Suite 1000, Des Moines, IA 50309 515/245-3786 S) Employer pays fee. Confidential. Employer paid fees Please contact Lorraine Lear or Malcolm Freeland con cerning these and other Midwest banking opportunities. P O S IT IO N A V A IL A B L E S e rv in g b a n k e rs q u ie tly a n d efficie n tly. EVP $63MM Bank. Overall Bank functions. 8 + Yrs. exp. Develop, Implement, supervise and document policies. Position leads to CEO. Send resume to File No. WKW c/o Northwestern Banker. (PA) OFFICER NEEDED to manage recently remodeled branch of suburban bank in major Nebraska city. Business devel opment experience & commercial & consumer lending skills preferred. Send resume to File no. WLI c/o North western Banker. (PA) COMMERCIAL LOAN OFFICER—$300MM bank. Iowa. Requires 2-5 years commercial lending experience & formal training in same. $25-$32,000. Contact File No. WLK c/o Northwestern Banker. (PA) President N.E. Iowa bank of $18MM needs experienced CEO. Must be able to work independently. Salary open. Send resume to File No. WLM c/o Northwestern Banker. _______________________________________________ (PA) MARKETING & LENDING. 3-5 years experience. Salary negotiable. Send resume to ELC, Box 1276, Columbus, NE 68601.__________________________________________ (PA) REAL ESTATE LOAN OFFICER—also commercial and in stallment skills needed. Salary negotiable. Send resume to McCook National Bank, Box 1208, McCook, Nebr. 69001. (PA) AG LOAN OFFICER. $17MM Illinois bank seeks ag lending officer. Requires 2-5 yrs. experience in all phases of ag lending, including documentation, cash flows & workouts. Salary commensurate with experience. Contact File No. WLN c/o Northwestern Banker. (PA) BRANCH MANAGER— Mercer county Illinois bank seeks a knowledgeable officer for a new facility in Aledo, IL; lending experience is required, knowledge of operations is preferred. Compensation is commensurate with ability & experience. Send resume to Chmn., State Bank of Sherrard, Box 455, Sherrard, IL 61281. (PA) BANKERS AVAILABLE AG L.O. Fast growing $30M bank seeks 3 + years bank lending exp. for ag dept. $28K. CREDIT ANALYST Get on the track to comm'l lending. Large bank seeks exp credit analyst. $25K. TRUST OFFICER One of MWest leading banks has opening for 4 year trust officer. $32K. PRESIDENT Clean rural bank offers growth, oppty and $. Must be run ning $30M + bank and have mktg skills. $55K. AG VP Lead the ag dept of a top notch bank. Commty institution seeks 6 + year lender for excel lent position. $32K. BN MGR Leadership skills, positive attitude and lending skills are needed to take over highly successful metro branch. $28K. FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS MOSLER DRIVE-UP WINDOW, 5’ bay type, approx, age 15 years. Contact Jan LaDue, State Bank of Sherrard, IL, (309) 593-2117. (FS) CAPITAL PERSONNEL SERVICE KARDEX KV380 power rotary check file. 10 rows with 9 trays per row. Digital control. Will deal. Call Pat Gibbons (402)467-1161. (FS) 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 P O S IT IO N W A N TED Executive Search For Bankers PRES. OR #2 PERSON in sr. mgmt team with potential of pres, in 2 years in a community bank. 25 years exp. with 20 years in sr. mgmt. Heavy in operations lending, workout situations & total bank administration. Contact File No. WLL c/o Northwestern Banker. (PW) OPERATIONS MANAGER & CASHIER $20MM Bank in Southeastern Minn, has immediate opening for operations manager & cashier. Respon sibilities include overseeing operations function of bank and some consumer lending. Four yr. degree (or formal technical bank training program) and 2-3 years experience preferred. Salary commensurate with ex perience and training. Send resume and salary re quirements to File No. WLO c/o Northwestern Banker. 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID Job Finders Inc. 2708 Grand Avenue Des Moines, Iowa 50312 Professionals Serving Banking COL. GORDON E. TAYLOR B o x 9 4 9 - M a s o n C ity , la . 5 04 0 1 5 1 5 /4 2 3 -5 2 4 2 P r o fe s s io n a l A u c tio n e e r ¿âpr .. C l R e a l E s ta te B ro k e r a n d A p p r a is e r AG. LOAN OFFICER $20MM Bank in Southeastern Minn, has immediate opening for an agricultural loan officer with 3-5 years experience and a 4 year ag-related degree. Some addi tional duties in commercial and real estate areas. Salary commensurate with experience. Send resume and salary requirements to File No. WLP c/o North western Banker. BUYING AND SELLING USED EQUIPMENT AMERICAN BANK EQUIPMENT INC. 8909 BEDFORD #6 OM AH A, N E 68134 402-571 -5621 FOR SALE RECONDITIONED BRANDT Coin Sorters-Counters BRANDT Currency Counters New Warranty 402-571-5577 P O S IT IO N S A V A I L A B L E TRUST MARKETING - large urban bank. Requires degree and trust experience. $35K REAL ESTATE LOAN - single family residential and secon dary market experience required. Proximity of major metro area. $40K LOAN REVIEW - large bank experienced required. Both junior and senior level positions available. $28-$40K CHIEF EXECUTIVE OFFICER Leading bank in Iowa is seeking entrepreneurial leader to direct bank’s activities. Candidate must have strong leadership abilities and commercial loan ex perience. No Fees. Contact David L. Hansen. R O B E R T MfaUF or iowft.wc. Mark A. Abbey (515) 243-7576 HAMILTON ASSOCIATES 100 Court Ave., Suite 30S Des Moines, Iowa 50 3 0 9 515/282-0221 COMMERCIAL LENDING - V.P. positions in urban and large suburban banks. Personal portfolios from $20MM to $50MM. $40K BRANCH MANAGER - handle small business and con sumer credits. Med-size community affiliate of multibank ^ holding company. $24K Additional listings for commercial lending and trust officers. Resume’ requested. T O M H A G A N & A S S O C IA T E S P.O. Box 12346/2024 Swift North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 16 No. 34 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden Street, Suite 201, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $24.00 per year. Second class postage paid at Des Moines, Iowa. Address all mail 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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