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Community Bankers to M eet in Dallas w 0 9 # # • # ® February 1,1982 Des Moines, Iowa Vol. 10 No. 41 EATU RED speakers at the American Bankers Association 1982 National Assembly for Com munity Banking, February 28March 3 at the Fairmont Hotel in Dallas, in clu de W illiam M. Isaac, chair man of the Fed eral Deposit Insurance Corpora tion, and Repre sentative Doug B a rn a rd , J r. (D-GA), a member of the U.S. House Banking, Finance and Urban Affairs Commit tee. Keynoting the meeting will be Charles A. Bruning, chairman of the A B A Community Banking Leaders Council and president of the Edgewood Bank, Countryside, 111. A B A President-elect William H. Ken nedy, Jr., chairman o f the board of the National Bank of Commerce, Pine Bluff, Ark., will also address the conference. Other general session features will be a panel on non-regulated competition and a presentation on bank customer attitudes, including prac tical suggestions on how a communi ty banker can conduct simple but useful consumer research at his or her bank. F agement at the University of Wisconsin. Both as a consultant and as a corporate executive, Dr. M c Conkey is experienced in developing and implementing new planning pro cedures in banks and other business organizations. Registration forms and additional information on the A B A National Assembly for Community Banking and the planning workshop are available from Susan Moomaw, American Bankers Association, 1120 Connecticut Avenue, NW, W ashington, D.C. 20036. Her telephone number is (202) 467-5366. Among the topics of several series of concurrent workshops will be: deposit instrument alternatives, personnel administration, financial futures, investment strategies, loan administration, productivity anal ysis and annuity programs. In addi tion, attendees will have several op portunities to share information and experiences in small management roundtables. Tuesday’ s luncheon speaker will be Jim McKay, ABC sports com mentator, and the Assembly will conclude on Wednesday with a presentation by actor/entertainer B.M. Lamberson Dies B.M. (Bill) Lamberson, 63, vice Leonard Nimoy. In conjunction with the National chairman of Commerce Bancshares, Assembly, formerly titled the A B A Inc., died in Kansas City January Community Bank Executive Confer 21. Mr. Lamberson joined Com ence, A B A is offering a planning merce Trust Company in 1946 as a workshop for community bank correspondent banking represen senior management, February 26-28 tative. He became head of that at the Dallas Fairmont. Through lec department in 1961 and was named tures and small roundtable dicus- senior vice president in 1967. In sions, attendees will learn how to 1968 he resigned that position to develop objectives to properly posi become executive vice president of tion their banks within their mar Commerce Bancshares, Inc. He was ketplaces, how to select and achieve named a director of the holding com the most beneficial of alternative ob pany in 1969 and vice chairman in jectives and how to organize their 1975. banks to make their corporate plan ning work. Iowa News Program leadership during the Due to the planned visit of Presi workshop will be provided by Dr. Dale D. McConkey, consultant to dent Reagan to Des Moines to ad management and professor of man dress the Iowa Legislature February ASK STAN FARMER to make MNB work for you. Toll free: 1-800-332-5991 J M erchants N ational B ank is i « https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis WM Member F.D.I.C. A BANKS OF IOWA' BANK 2 Dorothea Wolfe IO W A . H o w did we get to be first in Iowa? By putting Iowa first. Desmames A A NATIONAL BANK A n A ffilia te o f N o rth w e s t B a n c o rp o ra tio n Member FDIC 9, the Iowa Bankers Association has made available 100 of its block of reserved rooms at the Marriott Hotel to accommodate the Presiden tial party that requires 250 rooms. The IB A had the rooms blocked off for those attending the IB A Mar keting Conference which will be held at the hotel February 8-10, as an nounced in last week's issue. Neil Milner, IB A executive vice presi dent, said banker registrants will be moved to the Hotel Savery for the night of February 8. Those giving up their rooms than will be moved back to the Marriott or remain at the Savery, whichever they wish. Shut tle bus service will run continuously to offset the inconvenience for con ference registrants. BELMOND: Bradley W. Robson was recently promoted to assistant vice president of the First State Bank. Mr. Robson joined the staff one year ago and is currently in charge of the loan department. gnu BANCO dent. Mr. Klaus is resigning after 63 years of service with the bank. In ad dition J.R. Herbrechtsmeyer was promoted to executive vice presi dent and Ray A. Bill, Norman Gerdes and Charles Souder to vice presidents. COUNCIL BLUFFS: Thomas D. Whitson was recently appointed president of Council Bluffs Savings Bank. He succeeds Ed H. Spetman who has served in that position since 1963, and will remain as chairman and chief executive officer. Mr. Whitson joined the bank in 1963 and has served as executive vice presi dent and trust officer since 1973. Gary R. Faust was also promoted to vice president and trust officer. DELHI: Jason P. Else has been elected assistant cashier and Ken neth A. Lahr, area auctioneer and livestock dealer, has been appointed to the board of Delhi Savings Bank. HAMPTON: The First National TOLL FREE NUMBER (800) 362-1615 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Town Clock Plaza. Dubuque. Io w a CALL 319-582-1841, COLLECT Bank of Hampton has recently an nounced the promotion of R. Terry Bayse to vice president in charge of the agricultural loan department. Mr. Bayse has been with the bank since 1977. H A R T L E Y : Les Peterson was recently elected assistant vice presi dent and Russ Boles was elected assistant cashier of the Security State Bank. KEOKUK: Security State Bank of Keokuk recently promoted Philip C. Knudtson to vice president; Laura Reem to assistant vice president, and Cheryl Fogle to assistant cashier. LUANA: Larry D. Riveland was recently appointed executive vice president and chief executive officer and Janice Bruns was promoted to assistant cashier and student loan officer of the Luana Savings Bank. POLK CITY: Elected as president of Polk City Savings Bank was Robert J. Miller, previously ex ecutive vice president and cashier. He succeeds W.C. Miller who recent ly announced his retirement, but will remain as chairman. Thelma A. Miller, vice president, was promoted IO W A NEWS... (Continued on page 4) Your Man on the First Team. CENTRAL OF DES MOINES. N A ■ MEMBER FDIC ■ (515) 24S-7111 AFFILIATED WITH UNITED CENTRAL BANCSHARES, INC. The Bank of Opportunity Gary Stevenson UNITED RANK Correspondent Banker American Trust & Savings Dank Call (515) 245-3131 or toll-free (800) 362-2514 FOREST CITY: Don P. Sherrill, ex ecutive vice president of First Bank CHARLES CITY: William A. Her- and Trust Company of Gridley, has brechtsmeyer, Sr., has been elected been elected to succeed Lloyd M. to succeed Merten J. Klaus as chair Willig as chief executive officer of man of First Security Bank and Forest City Bank and Trust Co. Mr. Trust Com pany, according to Willig has resigned his position to William G. Herbrechtsmeyer, presi- pursue personal business interests. Mr. Sherrill will also assume the duties of president, succeeding John A. Witmer who has been named chairman. Don't gam ble when choosing o correspondent bonk. Com e to the professionals. "O pportunity Colls../' Leo Kone. 712/277-1500 GARY STEVENSON Vice President First National Bank i§i Sioux City • A ‘BANKS OF IOWA’ BANK Supplement to Northwestern Banker Newsletter 2-1-82 Carleton D. Beh Company Investment Bankers / Financial Consultants 1300 Des Moines Building / Des Moines, Iowa 50309 5 1 5 /2 8 8 -2 15 2 We own and offer subject to prior sale and change in price the following Pledge Orders: AMOUNT MUNICIPALITY $100,000 BURLINGTON, IOWA Sewer Revenue Pledge Orders Interest: 3-1 and 9-1 $275,000 GLENWOOD, IOWA Sewer Revenue Pledge Orders (HFA-EPA-DEQ Take Out) Interest: 6-1 and 12-1 $250,000 HARLAN, IOWA Electric Revenue Pledge Orders Interest: 6-1 and 12-1 $300,000 IOWA FALLS, IOWA Hospital Pledge Orders (G. O. Supported.) Interest: 6-1 and 12-1 $270,000 TIPTON, IOWA Electric Revenue Pledge Orders Interest: 6-1 and 12-1 • • MATURITY YIELD TAXABLE EQUIVALENT AT 46% 9-01-82 9% 16.67 12-01-83 9 1/4 % 17:13 6-01-82 9% 16.67 12-01-82 9% 16.67 6-01-82 9% 16.67 • • IN THE OPINION OF COUNSEL INTEREST ON THESE PLEDGE ORDERS IS EXEMPT FROM ALL PRESENT FEDERAL INCOME TAXATION AND ALL PROPERTY TAXATION IN THE STATE OF IOWA. Pledge Orders are issued in accordance with the provisions of Chapter 384, Code of Iowa, 1981, as amended, to provide funds necessary for the construction of improvements to municipal utilities. In the opinion of counsel, ® Pledge Orders are subject to the first lien of outstanding debt, if any, and together with such outstanding debt are payable solely and only from the future net revenues (except where otherwise indicated) of the respective municipal utilites. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Group 11 to M eet at Burlington Holiday Inn EM BERS of Group l l of the Iowa Bankers Association will meet at the Burlington Holiday Inn February 14 and 15. William Logan, president, The State Central Sav in g s Bank, K e o k u k , and ch a irm a n of Group 11 , will p r e s id e . S e c retary of Group 11 is John F. O ’Neill, chair man and presi dent, First Na tional Bank in B u r lin g to n . ™ .H U S T O N Holiday Inn is located at the junc tion of Highways 34 and 61. Following the traditional format, a social hour will be held at poolside at 5:30 p.m. Sunday, February 14, followed by dinner and dancing. The business session commences at 10:00 a.m. Monday. The luncheon speaker will be Dr. Kenneth Roettger, professor of chemistry at Southeastern Community College in M Burlington. Dr. R oettger also teaches “ Black M agic” courses and will demonstrate his skill as a magi cian. J.F. O’NEILL T.C. DUNLAP W. LOGAN Sunday, February 14 P.M. 4:00 R egistration—Holiday Inn Poolside. 5:30 Social Hour—Poolside. 7:00 B u ffe t D in n e r —B a n q u et Room. 8:30 Dancing to 11:30 p.m. Monday, February 15 A.M. 10:00 Business Meeting—Holiday Inn. Presiding—W illiam Logan, Chairman, Group 11 . Report of Nominating Com mittee. Minutes: John F. O'Neill, secretary, Group 11. Guests: Tom C. Dunlap, presi dent, Iowa Bankers Associa tion and president, South Story Bank & Trust, Slater; Thomas H. Huston, Iowa superintendent of banking; Neil Milner, executive vice president, Iow a Bankers Association. P.M. 12:30 Luncheon—Holiday Inn. Speaker: Dr. 'Kenneth Rôettger, professor of chemistry, Southeastern C om m unity College, Burlington. □ Welcome to Our Group Meeting BURLINGTON Monday, February 15 Headquarters and Registration at HOLIDAY INN Junction of Hwys. 34 & 61 Burlington banks extend a hearty invitation to all members of Group Eleven and other bankers to attend our annual Group meeting. REM EMBER TO BE W ITH US AT OUR SUNDAY EVENING PRECONVENTION PARTY! Hawkeye Bank & Trust Farmers & Merchants Bk. & Tr. First National Bank https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 IO W A NEWS... (Continued from page 2) to executive vice president and Ronald M. (Jim) Crees to vice presi dent and cashier. Mark R. Smith has recently joined the bank as a loan of ficer trainee. PRESTON: Norman Nielsen has been elected executive vice presi dent of Farmers Savings Bank of Preston. He had been serving as vice president. SAC CITY: Three were recently pro moted at the Sac City State Bank: Royce E. Case from assistant vice president to vice president; Bette Lohff to assistant cashier, and Darlene E. Baxter to assistant cashier and executive secretary. W ALFORD: Nicholas G. Volk was appointed vice president; Marilyn D. Dellamuth, assistant cashier, and Sally A. Ballard, assistant trust of ficer, of Farmers Savings Bank, ac cording to Robert C. Erusha, presi dent. W AVERLY: Larry Skinner, vice president of the State Bank of Waverly, has been promoted to senior vice president, and Gary L. Burke, cashier, has been promoted to vice president and cashier, accor ding to Fred Hagemann, president. W O R T H I N G T O N : T hom as I. McDermott has been promoted to assistant vice president of State Bank of Worthington. He has been with the bank since 1978. Nebraska News BELLEVUE: Rick Sanders has re cently joined Bank of Bellevue as vice president in the Financial Plan ning Department. Mr. Sanders was previously trust officer at a bank in Mission, Kansas. DOUGLAS: The Farmers State Bank recently announced the elec tion of Charles Leypoldt as assistant vice president. FREMONT: Michael L. Mattson has recently joined the staff of First State Bank as vice president and Steven W. Calta was promoted to assistant vice president. Mr. Matt son moved to Fremont from the First National Bank in Chadron. Mr. Calta has been with the bank since 1976. HASTINGS: Promoted at First Na tional Bank was Mike Leininger from assistant vice president to vice president in the agricultural loan department and Robert Schardt was named an instalment loan officer, ac cording to Norman Nackerud, presi dent. L IN C O L N : Cornhusker Bank recently announced the promotion of Jeff Breunig to EFT officer and collections manager, Kandy Denker to new accounts officer and Judy White to operations officer. Ken R. Ward, vice president and cashier, was also elected to the board. MILFORD: The Farmers & Mer chants Bank recen tly elected Marlene Whitney as assistant vice president in the commercial loan sec tion. The Cornhusker Chapter o f Bank OM AHA: R.A. Wahl, Jr., 54, presi Administration Institute will meet dent and chief operating officer of February 16, 6:30 p.m., at the York Valmont Industries, has been elect Country Club in York to hear Bar ed a director of United States Na rett F. Binder, principal bank tional Bank, according to Donald J. analyst, financial services, Bank A d Murphy, chairman and chief ex ecutive officer of the bank. Valmont m inistration Institute, discuss is a major producer of mechanized ir Asset Liability Management. rigation systems, pipe, tubing and transmission structures in the PiUTDmATED SYSTEiTlS United States and foreign countries. □E lDWPi,inC. “When it com es to • insurance knowledge , • insurance experience • insurance SERVICE , more and more bankers com e to u s.” W AUSA: The Commercial State Bank has announced the recent pro motion of Roger Claussen to loan of ficer. 301 N. A nkeny B lvd., Suite 2 2 0 A nkeny, Iowa https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5 1 5 -9 6 4 -1 3 5 8 DETROIT LAKES: Greg Lecy was recently promoted from vice president to senior vice president o f First American Bank of Detroit Lakes. He has been with the bank since 1976. IVANHOE: First State Bank has recen tly ap p oin ted W a lter I. Strangman to vice president. He had previously been with First Banks since 1958. Q MINNEAPOLIS: Recent appoint ments at National City Bank in clude: Thomas J. Freed to senior vice president and comptroller in the ® control and planning department; John S. Kes to assistant auditor; Leona O. Hagar to personal banking officer, and Ruth A. Ronning to commercial loan officer. • NEW LONDON: Kim Jordahl has been elected vice president of the New London Farmers State Bank. Mr. Jordahl was most recently vice £ president at Western Bank and Trust of Marshall. NORWOOD: State Bank o f Young America recently announced the promotion of Roland Narr to senior ® vice president, Roger Zellman to vice president, Lowell Piagge to cashier and Bruce Mathwig to assis tant cashier. ROCHESTER: Keith J. Vegors, Jr., who has been with the First Bank IOWA NATIONAL BANK CURRENCY Minnesota News Capital Personnel Service WANTED FOR PERSONAL COLLECTION Also paying top prices for other “types” of U.S. currency and finan cial paper. 714 U.C.B. Building, 515-283-2545 Des Moines, Iowa50309 DON MARK Box 1, Adel, IA 50003 • 515/270-8170 Banking, Financial & Business Personnel, Iowa and Nationwide a MADISON: State Bank of Madison ^ has announced the election of Lynn Meier as vice president and loan of ficer. He was previously employed at the Bonanza Valley State Bank of f Brooten. BALATON: Robert P. Reiter has SERVING PROFESSIONALLY Serving Banks throughout the Midwest. been named president of Farmers and Merchants State Bank. He suc ceeds Bob Schaffer who has been # president for the past 15 years and associated with the bank the past 42 years. Roger Peavy will continue as vice president. Mr. Reiter was previously vice president and • cashier at Farmers State Bank, Flandreau, South Dakota. CALL ON THE “PERFORMANCE TEA M ” where comm on transactions are handled uncommonly well. FIRST N A TIO N A L LI N CO LN 13th & M Street • Lincoln, Nebraska 68501 • M em ber, F.D.I.C. System since 1973, has recently been appointed vice president of the commercial loan department of First Bank Rochester. ROCHESTER: Marquette Bank & Trust Co. recently announced the promotion of Wallace J. Nigbur, a vice president, to manager of the bank’s loan division. Stephen F. O Knox was also promoted to vice president, Jon O. A dam s to manager of the instalment loan department and Ethel B. Herrick to assistant vice president. Help Prevent Birth Defects— The Nation’s Number One Child Health Problem. • • ^ • • ^ • SPRIN G V A L L E Y : Dennis G. McMillin has been elected vice presi dent, ag loan manager and security officer, of First National Bank of Spring Valley. Jo Ann Hamlin has been named cashier and operations officer. ST. PAUL: American National Bank and Trust Company recently announced the promotion of H. Joseph Brunner to senior vice presi dent - consumer banking and marketing; Thomas H. Farnham to vice president - commercial banking; Timothy K. Lindblad to vice presi dent and department manager - ex ecutive and professional; Elizabeth L. Maine to vice president and cashier - consumer banking, and Richard A. Stewart to vice president - consumer banking. Illinois News ® ^ ® The Illinois Bankers Association will be sponsoring their 30th Annual Marketing & PR Conference to be held February 24-25 at Marriott’s Lincolnshire Resort, Lincolnshire. A countdown party will be held Tuesday night February 23 for those who arrive early to relax and get ac Call our Bond Department Getting it done for you. Support the » March of Dimes H H B I R T H DEFECTS FOUNDATION! This spaceregistration contributed by the publisher. recently submitted his resignation quainted. Conference fee is $99 for members and $139 for as president of First National Bank nonmembers of the Illinois Bankers of Greybull but will remain on until June 1 to allow time for selection of Association. a new chief executive officer. Mr. Harris has sold his interest in the North Dakota News R IC H A R D T O N : Farmers State bank to Commerce Bancshares of Bank has recently promoted Ralph Wyoming. He joined the bank in Weisenberger to assistant vice 1967 and became president in 1968. president, Geraldine Baer to cashier and Stanley Sayler to assistant cashier. WILLISTON: Jeffrey G. Hanson has recently joined the staff of First National Bank & Trust Co. of Williston as a trust officer and trust departm ent manager. He was previously a trust officer with First Bank Southeast of Lake Geneva, Wis. Montana News SIDNEY: Dennis Hackmann has been promoted from agricultural loan officer to assistant vice presi dent and agricultural representative at Richland National Bank of Sid ney. He joined the bank in 1980. Wyoming News GREYBULL: H.K. “ Bert” Harris Colorado News “ Visions for Consumer Lending” is the theme for the Colorado Bankers Association’s 32nd Annual Consumer Credit Conference being held February 14-17 at the Broad moor Hotel in Colorado Springs. Robert S. Anderson, senior vice president of Colorado State Bank, Denver, and chairman of the con sumer credit committee, will preside over^ the conference. Registration and a reception will be held Sunday, February 14 from 5:30 to 7:00 p.m. To m Steffens John Henderson Tony Paugoulatos Jim McLaughlin Dave Wittenborn Rick Patton V ic e P r e s id e n t V ic e P r e s id e n t A s s t.V ic e P r e s id e n t A s s t.V ic e P r e s id e n t B o n d O f f ic e r B o n d R e p r e s e n ta tiv e 2 3 4 -2 4 6 2 2 3 4 -2 4 6 3 2 3 4 -2 6 4 7 234-2691 2 3 4 -2 8 7 7 2 3 4 -2 6 7 3 K « Commerce Bank o f Kansas City https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis W H EATLAN D: American Bank of Wheatland has announced the ap pointment of L. R. Scoleri as vice president and cashier. Mr. Scoleri has served as the bank’s cashier since it opened in January, 1981. MEMBER FDIC W 10th and Walnut (816) 234-2000 SKI THE SUMMIT!!! N e w , th re e -b e d ro o m , th re e -b a th u n its ava ila b le for sale or rent. Each unit has its ow n redwood hot tub on the deck. C ontact: D w ayn e S m ith Paradise Properties, P.O. Box S D illon, C olo rado 80435 Phone: 303/468-5846 or Ann M arie Phone: 303/468-2740 CEO Twenty-five million dollar high performance bank in south central Minnesota. Want an aggressive individual who would like to purchase 25% owner ship. Excellent agricultural area. Send resume and financial history to file PBD, c/o Northwestern Banker. (PA) FOR SALE OR LEASE PERMANENT OR TEMPORARY • Sale or lease financial facilities. Available immediately: 14'x60' in Nebraska; 14'x50' with 2 DUWs in Illinois; 14'x60' mobile-type in Missouri; 9'x12'teller buildings available, 14'x60' in Wyom ing. Permanent facilities to 4000 sq. ft. SON CORPORA TION, Box 684, Wichita, KS 67201. Phone (316) 942-8167, call collect. (FSorL) POSITION WANTED Aggressive highly-qualified ag lender desires position with $50MM + growth-oriented commercial bank, preferably in Iowa or Illin o is . A ssistant vice president—314 years experience, heavy in ag production with some agri-business lending, in medium-sized bank. Excellent references available. Write file PBG, c/o North western Banker. (PW) POSITIONS AVAILABLE Retail Marketing expert with knowledge of installment lending pricing of services, teller operations. Must have heavy marketing experience and college degree. Major bank in Upper Midwest.................................Salary open. Operations Person for major midwest bank. Must have ex perience in all phases of operations in $500 million finan cial institution............................................... Salary open. Commercial Lender with knowledge of account receivable financing. Twin Cities area.................... Salary to $30,000 Second Person for $20 million Minnesota bank. Opportuni ty to invest......................................................Salary open. Ag Lenders needed by numerous community banks in midwest................................................ Salary to $25,000. Commercial Lender for $150 million Illinois bank. Requires 3 to 5 years experience in bank over $50 million................. ............................................................... Salary to $30,000 Write or call Malcolm Freeland, Freeland Financial Ser vice, Inc., 246 Insurance Exchange Bldg., Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays fee. BANKERS AVAILABLE if you are seeking a qualified officer for your bank, we have the top applicants in the midwest. Listed below are a few of our current applicants: BANK PLACEMENT SPECIALISTS (Our 33rd year) Call experienced professionals to locate the right candidate for your vacancy . . . or the right “ move-up” for yourself. CORPORATE RECRUITERS MIDWEST BANKING DIVISION 202 S. 71 st Street 402/393-5515 Omaha, Nebraska 68132 WANT TO BUY High performance midwest bank president looking for bank to purchase. Cash or contract in NE, IA, KS, or MO. Bank size $10 million to $100 million. All replies confiden tial. Write file PBJ, c/o Northwestern Banker. (WTB) FOR SALE Brandt Coin sorter and counter. Model 930. Electronic readout; excellent condition. Reasonably priced. Phone (319)588-2700. . (FS) POSITION AVAILABLE LOAN OFFICER—Experience in installment, agriculture, and commercial lending for this growing $18 million south central Nebraska bank. Some trust experience would be helpful. Salary open. Write file OBN, c/o Northwestern Banker. (PA) OPERATIONS OFFICER in newly organized western ND bank. Experience required. Salary based on experience and qualifications. Send complete resume with references to Box 787, Newtown, ND 58763. (PA) LOAN OFFICER—$11MM central Illinois bank. Entails some operations duties. Prefer some banking experience. Good career opportunity. Send resume and salary re quirements to L.J. Nelson, Executive Vice President, Drawer G, St. Joseph, Illinois 61873. (PA) “ A very aggressive bank with strong growth record has a position open for an officer to assume responsibility for the marketing activities of our bank. Opportunities available to assist in the supervision of bank operations. Experience in bank marketing desirable. Looking for in dividual with leadership abilities. Complete job descrip tion and details available. Inquiries will be held confiden tial.” Write file PBE, c/o Northwestern Banker. (PA) Small, clean, high performance South Dakota bank look ing for aggressive young man to fill second man position and to assume C.E.O. position within 2 years. Must be strong in ag loans, operations and insurance license is desirable. Salary open. Send resume to file PBI, c/o North western Banker. All replies confidential. (PA) Bank Division ROBB of Iowa, Inc. 317 6th Ave. Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID BANKSFORSALE BANK OWNERSHIP CHANGES —Our Specialty— SELLERS - if you already have a buyer for your stock and there is a question of whether or not it is a fair price - we can make an indepen dent appraisal. BUYERS - if you are about to purchase controlling interest in a bank and there is a question of whether or not it is a fair price - we can make an independent appraisal. Those wishing to buy or sell - we can do the job for you if you are serious. CROWN BANKING SERVICES 325 W . Prospect Avenue Mt. Prospect, Illinois60056 (312)392-5151 Installment Lenders........................................................ to $25,000 Trust Officers..................................................................to $30,000 Write or call Malcolm Freeland, Freeland Financial Ser vice, Inc., 246 Insurance Exchange Bldg., Des Moines, Iowa 50309. 515/282-6462. Describe your needs, and we will assist you. Employer pays reasonable fee. POSITIONS AVAILABLE TRUST OFFICER—requires trust generalist with good business development skills. Head dept, for $80MM subur ban bank. $28,000 COMMERCIAL LENDER—ideal situation for lender with 2 yrs. or more commercial experience. Would be #2 in dept, with room for advancement. $24,000 Generalists (Operations/Lending).................................. to $36,000 Operations/Cashiers.......................................................to $28,000 When it comes to agricoltore, banking and personnel. . . go to the specialists — go to AGRIcareers, Inc. Progressive bankers pay os to find the people they need. Ag Lend. Off......... Cred. Mgrs. (2)----Ag Loan Off. (2)... Ag Loan Off......... Cred. Supv. & Anal. Branch Mgrs. (2).. Cent. W l. $16-22,000 .Cent. IA . $20-23,000 ......... IA . $20-25,000 ........MN . $20-23,000 ......... IA . $18-22,500 ........NE . $18-25,000 Ask the ag banking specialists what’s available without cost or obligation. CAREER APPAREL FOR FURTHER INFORMATION RESPOND IN CONFIDENCE TO: CASHIER—small city bank needs excellent operations of ficer to join new management team. Should have ex perience with in-house mini computer systems. $25,000 Ag Lenders..................................................................... to $25,000 N. Main S t„ Carroll, la., 51401 712-792-2748 [ #2 MANAGEMENT - Banking career man, backed with BA in Finance, looking for executive position in management. Responsibilities include: all operational functions, finan cial reporting, investments, trust, audit, data processing, loans and personnel. Experienced in all phases of bank ing. Will easily make a key member of your top-echelon management team. $35K. Immediate opening for commercial lender in aggressive $90 million Minneapolis area bank. Position requires 3 years commercial lending experience. Salary commen surate with experience. Send resume and salary re quirements to File PBH, c/o Northwestern Banker. (PA) Commercial Lenders.......................................................to $32,000 M e A M o e k k -^ CEO - Seasoned and educated professional in the world of banking. Actively involved in banking, legal, insurance, and real estate associations. BA in Political Science and Government. Currently responsible for 3.5 mm department within bank of 44. mm. Level headed in the commercial loan area. $30K. “ Position open for individual to head audit department in $55 Million N.W. Minnesota bank. Experience in bank audit or accounting required. Excellent opportunity for ag gressive person. Complete details available. Inquiries will be held confidential. Write file PBF, c/o Northwestern Banker. (PA) CEOs with heavy ag lending exp...................................... to $50,000 Does your employees appearance ex press the successful image of your bank? If not, call us today! PARTIAL LIST OF AVAILABLE APPLICANTS NEW HAMPTON. IA 50659 MASSENA. IA 50853 1 (515) 394 3145 (712) 779-3744 SDn CAREERS, INC. ■ j THE ORIGINAL AGRICULTURAL RECRUITER OPERATIONS OFFICER—$20MM bank located within 50 miles of major metro area. Minimum 4 yrs. solid opera tions experience in medium size bank. $25,000 SENIOR COMMERCIAL LOAN—urban $100MM bank with aggressive new business program. Promotion to Exec. VP. possible within 12 months. Degree preferred. $$Open CORRESPONDENT OFFICER—excellent opportunity for junior officer with agriloan expertise and degree. Must have some correspondent calling experience. $25,000 STAFF AUDITOR—requires accounting degree and some bank audit experience. Position is used as training area for future advancement. $16,000 To inquire, submit resume' and salary information. TOM HAGAN & ASSOCIATES of Kansas City P.O. Box 12346, 2024 Swift North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 10 No. 41 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $15.00 per year. Second class postage paid at Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts, mail items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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