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Vol. 14 No. 43

Des Moines, Iowa

February 10,1986

Legislatures Study Banking Bills
EG ISLATO RS in several mid­
west states are deep into their
annual sessions and trying, in m ost
cases, to cope with the financial bur­
dens thrust upon them by continued
severe withdrawal o f federal funds
that support various program s ad­
ministered by the states. Banking
bills also continue to surface in m ost
legislatures. Here is a quick summary
of some of the bills that were active­
ly under consideration last week:

down payment and that the bill is an
opening vehicle to allow S&Ls to
have access to public funds. Another
bill N BA has to oppose is one that
would reduce the usury lim it from
its present unlimited status to 9%.
Such a move, bankers say, would ob­
viously dry up credit in the state in
today’s econom y.
N BA supports LB 767 which
would allow a branch bank office to
be placed in a town where a financial
institution had failed in the past
Minnesota
three years and no other institution
The House on February 5 de­
was there. Nebraska has had several
feated the G overnor’s farm m orator­
banks fail in such communities in
ium bill.
the past two years and no financial
facility is available in those towns.
Nebraska
LB 849, the Agricultural Revitali­
No banking bills were acted upon
zation
Authroity A ct, would autho­
up to press time last week, but sev­
eral key issues are under considera­ rize $100 million bond borrowing to
tion. The Nebraska Bankers A sso­ provide relief to borrowers stressed
ciation opposes LR 11 which would by high interest rates and other fac­
delete the Constitutional provision tors. Details of the bill appear to be
against giving the credit o f the state unclear. N BA is watching.
Various bills dealing with the ag
for any private corporation or asso­
ciation purpose. N BA also opposes crisis, double jeopardy and m orator­
LR 35 which would establish a state iums are under consideration. The
ag bank for making ag loans, stating final blow was LB 1248. It would
it could be a holding tank for the place a 100% tax on all interest in­
come received by a financial institu­
w orst loans.
LB 645 would allow S&Ls to ac­ tion in excess o f 10% and on interest
quire real estate broker trust ac­ received by an individual in excess
counts, and N BA opposes this on o f 8% !
the grounds that the account really South Dakota
belongs to the person making the
The G overnor’s moratorium bill

L

(in committee) is opposed by the
South Dakota Bankers Association,
while a bill to authorize 110% pledg­
ing on public deposits (also in com ­
mittee) is supported by SDBA.
Another bill to allow credit unions
to have public funds is on the Senate
floor and is opposed by the SDBA.
Iowa
One piece o f key legislation being
opposed by the banking industry
would combine the supervision o f all
financial institutions—banks, s&ls,
credit unions—under a Department
of Commerce with one top political
appointee. The bankers oppose this,
obviously, because their fees make
this department totally self-support­
ing so that no other state funds have
to be allocated for the management
or supervision o f the department.
Incorporating it into a new depart­
ment would bypass a system that
has worked successfully for the en­
tire life of the department of bank­
ing and would make it subject to the
whims o f legislative edict, other
types o f budget guidelines, and per­
sonal control.
A regional interstate banking bill
with reciprocity for contiguous
states was introduced February 5.
The Iowa Bankers Association
has drafted an Em ergency Bank A c­
quisition Bill that would allow outof-state bids on a failed financial in-

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Call (515) 245-3131 or toll-free (800) 362-2514

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Teamwork:
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John Rigler

stitution if there are no in-state bid­
ders.
The Governor has proposed an in­
terest buy-down bill that would offer
a 2% interest reduction to farmers
on their loans if their financial insti­
tution also reduces the interest by
2%, for a total o f 4% interest reduc­
tion. The value and workability of
the bill at this time is questioned
because the effect of it is needed at
this time when ag loans are being
negotiated, whereas such legislation
could very well take until spring to
be heard and enacted.
SF 2064 has been sent to the G ov­
ernor for signature. It would in­
crease by 30 days the time allowed
for an elevator or warehouse to ob­
tain bonding. The definition of a
bond would include an irrevocable
letter o f credit that could be offered
by a bank to cover the necessary
bond. IB A did not oppose, but ques­
tions the workability o f such a
clause for a bank.
The Illinois legislature does not
reconvene until April 1 and the
North Dakota legislature does not
meet until January, 1987.
□

Iowa News
The N ational A ssociation o f
Banking Women will hold their
Iowa state convention on M ay 14-16

Dorothea Wolfe

at the downtown H oliday Inn in
Iowa City. This year’s theme is
“ Managing for Profit—The Key to
Power,” and will feature humorous
and inform ative speakers, a legisla­
tive panel, workshops, a theater pro­
duction and banquet hospitality.
The Southeast Iowa Chapter of
N ABW will host, and invite anyone
to attend who is interested. For
more information, contact Patti
Johnson, Iowa State Bank and
Trust Company, P.O. B ox 1700,
Iowa City, IA 52244; (319) 356-5963.
CEDAR RAPID S: A t Peoples Bank
o f Cedar Rapids, several staff
changes have been announced. John
M. Sagers, former president and
COO, has been appointed to serve as
president and CEO. Don Ellis, exec­
utive vice president, has been desig­
nated COO. He will continue as chief
lending officer heading up the com ­
mercial banking division. Three se­
nior vice presidents have been ap­
pointed to manage newly created di­
visions at the bank. Gary Ernst will
head the financial services division;
Larry M cGrath, the finance and
bank development division, and Jim
W est, the retail banking and opera­
tions division. Am ong other prom o­
tions were James L. W est from vice
president to senior vice president,
Gary Ernst from senior vice presi­
dent and trust officer to senior vice
president and senior trust officer,
and Peter B. W elch from trust offi­

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cer to vice president and senior trust
officer.

CALL:

COU N CIL B LU FFS: Jerry G.
M oritz has joined State Bank and
Trust as vice president in charge of
the ag loan department. He joins the
bank from United National Bank in
W atertown, S. Dak., where he
served as president and chairman of
the board. He has served at several
banks in Minnesota and North and
South Dakota since 1970.
DES M OINES: Janice Fitzgibbon,
64, died February 5 at M ercy H ospi­
tal in Des Moines after a lingering
illness with cancer. She is survived
by her husband, John Fitzgibbon, a
widely-known Iowa banker. Mr.
Fitzgibbon is president o f John R.
Fitzgibbon & Associates, Inc., a
bank consulting firm, and is vice
chairman and CEO of First Finan­
cial Savings Bank, Des Moines. He
retired several years ago as presi­
dent and CEO of Norwest Bank Des
Moines, N .A.
OSKALOOSA: A t Mahaska State
Bank, Michael L. M attson has been
appointed senior vice president and
cashier. He previously served as vice
president and marketing director at
First State Bank o f Fremont, Neb­
raska.
SAC CITY: A t Citizens Savings
Bank, David C. Jones has been pro­
m oted from assistant vice president
to vice president. He joined the bank
last June after having served the
Production Credit Associations in
Sac City and Storm Lake for the pre­
vious ten years.
W EST DES M OINES: Four have
been prom oted at First National
Bank o f W est Des M oines. Larry
Tibbetts was prom oted from assis­
tant vice president to vice president,
Janice Cross was advanced to vice
president and cashier, Jeanette
W hite was prom oted from office
manager to assistant cashier and of­
fice manager, and Joy Rosenbaum
was named assistant cashier.

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315 East 5th Street
Waterloo, IA 50703

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Des Moines, Iowa 50309
515-283-2545

Burlington Hosts Group 11, Feb. 16-17

10:00

Ladies program. Style show
by Kardan’s at The Holiday.

P.M.
ROUP l l bankers and spouses
will meet February 16-17 at The
H oliday in Burlington for the annual
meeting. W ith the recent appoint­
ment o f W illiam R. Bernau, presi­
dent, Peoples Savings Bank, Craw­
ford, to the position o f state banking
superintendent, Group 11 Secretary,
Edward K. Johnstone, president,
Keokuk Savings Bank & Trust Co.,
will preside at this year’s meeting.
An official vote will be taken for
group chairman and secretary dur­
ing the meeting.
Guest speaker will be Robert H.
Helmick, president, U.S. Olympic
Committee. An Iowa native, Bob is
a lawyer and senior partner with the
Belin law firm, Des Moines. The
com plete program follows:

G

E.K. JOHNSTONE

R.H. HELMICK

Sunday, February 16
P.M .
4:00
5:30
7:00
8:15
8:45

A.M .
10:00

2:00

Registration - The H oliday
Social Hour - The H oliday
Buffet Dinner
B ruce M eriw ether, IB A
president
Dancing to midnight featur­
ing The Night-Liters
M onday, February 17
Business M eeting - The Hol­
iday. Presiding, Edward K.
Johnstone.
Minutes o f previous meet­
ing.
S p ea k ers: B ru ce M e ri­
wether, IB A president and
Neil Milner, IB A executive
vice president.

B. MERIWETHER

N. MILNER

Luncheon - The Holiday
Invocation - Father Carlos
Leveling, St. Paul’s Catholic
Church.
Choral Selections - Notre
Dame H igh School Theatri­
cal and Choral Group.
Program - featuring Robert
H. Helmick, president, U.S.
Olym pic Committee.

Nebraska News
BELLEVU E: Michael J. W alts has
been named president o f Affiliated
M idwest Bancs, Inc. The organiza­
tion is the management com pany for
six banks in Nebraska, Iowa, M is­
souri and North Dakota. Mr. W alts
joined A ffiliated in 1981 as a vice
president and trust officer, and was
named senior vice president and
chief financial officer in 1983. His
prior employment was as a senior
vice president at University State
Bank o f Lawrence, Kansas.
HEBRON: A t Thayer County Bank,
Patrick W . Kenner has been named
CEO. Other recent changes at the
bank include the retirement of
senior vice president A ndy Zeek and
the appointment o f Lloyd Schepler
to that position.

Welcome to Our Group Meeting

BURLINGTON
M onday, February 17
Headquarters and Registration at

TH E HO LID A Y
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 EM BER TO BE V /I^H US A T OUR
SUNDAY EVENING PRECONVENTION
PARTY!

Hawkeye Bank & Trust
Farmers & Merchants Bk. & Tr.
First National Bank

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O M AH A: Northern Bank (formerly
N orth Side Bank) has named Gor­
don H. Fleer and Robert C. Stringer
vice presidents. Mr. Fleer form erly
was assistant vice president o f com ­
mercial loans. Mr. String was assis­
tant vice president o f installment
loans.

BANK LOAN MANAGEMENT, INC.
CONSULTANT TO BANKERS

773 SPRUCE STREET, P.O. BOX 159, OCHEYEDAN, IOWA 51354

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• Loan Review and Credit Administration • Profit Planning

M IN N E A P O L IS : S tew a rt M .
Schacter and Deborah J. Van Valkenburgh have been prom oted to
vice presidents by First Bank Min­
neapolis. Mr. Schacter joined First
Banks in 1975 and was serving as
assistant vice president in the m etro
marketing research division. Ms.
Van Valkenburgh join ed F irst
SOUTH SIO U X CITY: Recent pro­ Banks in 1983 as assistant vice
m otions at Dakota County State president o f communications for the
Bank included the prom otion o f m etro consumer marketing division.
Bruce Krueger from vice president
to senior vice president and o f Mer­ M IN N E A P O L IS : F ive changes
rill Hale from assistant vice presi­ have been made in staff at National
dent to vice president. Both Mr. City Bank o f Minneapolis. M ary C.
Krueger and Mr. Hale have been Paidosh was named vice president
and manager o f the newly created
with the bank since 1983.
commercial division—D. W illiam J.
Klein was named assistant vice
president o f executive and profes­
Minnesota News
The Minnesota Bankers A ssocia­ sional division—E. M. Don Bolke
tion is sponsoring an ag bankers was named vice president and man­
workshop on the 1985 Farm Bill, to ager o f national/correspondent divi­
be held February 20 at the Radisson sion—N. Kathleen A . Fix was
South H otel in Bloom ington. The named assistant vice president and
workshop will feature a videotape manager o f international banking di­
prepared by the A B A and a panel vision—I. Harry G. M cNeely, III
discussion. The program begins at was named assistant vice president
10:00 a.m. and concludes at 3:00 o f commercial division—A.
p.m. Contact the M B A office for
SARG EAN T: First American State
more information.
Bank o f Sargeant has announced the
CARRINGTON: Randy Kruger has prom otion o f Joseph M. Collins to
been elected vice president o f opera­ the position o f executive vice presi­
tions and Lori Solberg, assistant dent and director. He joined the
vice president o f personnel and mar­ bank last March as vice president
keting at First American Bank & and senior lending officer and has 27
Trust o f Carrington.
years banking experience.
SOUTH SIO U X CITY: A t Nebras­
ka State Bank, South Sioux City,
Merle Long has been prom oted to
vice president. He joined the bank in
1984 in the commercial loan depart­
ment. Prior to that he served as an
examiner with the Iowa Department
o f Banking.

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W ELCOM ES YOU TO

Iowa Bankers Group 11 Annual Meeting
February 16-17, Burlington
Visit us in our hospitality room at
The Holiday

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Illinois News
COAL CITY: Keith Roseland has
been elected president o f the First
National Bank o f Coal City. He
joined the bank 18 years ago as a
teller. Freeman Trotter, who had
been president since 1981, will re­
main a consultant to the bank and a
director.
MORTON GROVE: D avid W attenberg has been prom oted to senior
vice president o f the M orton Grove
Bank. He had served as vice presi­
dent since 1984. Previously, he was
vice president at the First National
Bank o f Highland Park.

Wisconsin News
PU LASK I: A t Pulaski State Bank,
Norbert J. Peplinski has been named
chairman, C. Michael Allen was pro­
m oted to president and D avid H.
Shepardson was prom oted to assis­
tant vice president. Mr. Peplinski
had served as president since 1958.
Mr. Allen joined the bank in 1981,
and Mr. Shepardson in 1983.

North Dakota News
FARGO: Jerome B. W oods, Jr. has
been elected chief executive officer
o f First Bank Fargo as well as man­
aging director for the First Banks in
North Dakota. He has served as the
bank’s president since 1983. He suc­
ceeds Donald R. M engedoth, who
has served as managing director of
the North Dakota region since 1984.

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515-243 8064

Call on the “Experienced Professionals”
^FirsTier Banks

Ready to meet your
correspondent needs.

First National Lincoln
Member fdic
13th & M Streets, Lincoln, Nebraska 68501

Mr. M engedoth will have supervi­ workshop manual. Register through
sory responsibility for the banks and the W B A office.
offices that are in the process of
Colorado News
•being purchased by employee and
AU RO RA: Linda M. Bedinger has
com m unity groups in southern
been elected president o f United
North Dakota, South Dakota and
Bank o f Aurora—South. She pre­
central Minnesota. Succeeding Mr.
viously served as executive vice
W oods as president o f First Bank
president. M s. Bedinger joined
Fargo is N. Thomas Wiedebush. He
United Banks in 1967 and played a
previously served as president of
key role in opening the A u ro ra First Bank St. Cloud.
South bank in 1984.
GRAND FORKS: Several officers
D EN VER: Recent prom otions at
have been prom oted at Community
United Bank o f Denver included
National Bank of Grand Forks.
three advancements to vice, presi­
Janet Elshaug, form erly assistant
dent. Donald R. Sail, head of the
vice president, was prom oted to vice
president. Don Anderson, former as­ bank’s energy and minerals group,
was named senior vice president.
sistant cashier, was prom oted to '
Daryl D. Moellenberg, a commercial
vice president. John Guradnik was
banker in correspondent banking,
advanced from assistant vice president/cashier to vice president/cash- and Sarah W . W oods, manager of
asset management services corpo­
ier. In the installment loan depart­
rate trust division, were named vice
m ent, A u drey T hom pson was
named loan officer and Larry Mor- presidents.
DENVER: A t Colorado National
ken was named assistant cashier.
Bank o f Denver, Thomas A. Comer
JAM ESTOW N: A t Norwest Bank
and William S. Mackenzie have been
Jamestown, three have been pro­
prom oted to vice president. Mr.
moted. Paul Olson, former vice presComer acts as the dealer operations
ident/manager of the agricultural
manager in the funds management
loan department, was prom oted to
senior vice president/loan adminis­ division. Mr. Mackenzie is the com ­
tration. Thomas Cotton, form erly ag mercial group manager and is re­
sponsible for energy, correspondent
loan officer, was prom oted to vice
banking,
agriculture and special
president/manager of the ag loan de­
assets.
partment. Mark Finstad, m ost re­
cently an ag loan officer, was pro­
m oted to assistant vice president of
the ag loan department.

CREDIT ADMINISTRATION
Consultant available on a temporary or an
intermediate basis in an on line or
advisory capacity specializing in:

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Qualified bankers available. Experience ranging from
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(515) 394-2325

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U N IVERSITY HILLS: Blair J.
Lindberg has been elected president
of United Bank of University Hills.
She was previously vice president,
cashier and the senior lender of the
bank. Ms. Lindberg joined the
United Bank organization in 1982
and participated in the planning and
organization of the University Hills
Bank. She has over 14 years bank­
ing experience.

SW ORDS ASSOCIATES. INC.

• LOAN WORKOUTS
• LIQUIDATIONS
• DOCUMENTATION
D.E. CHYMA
2932 7th St., Moline III., 61265

ENGLEW OOD: Craig Miller has
joined First Interstate Bank of
Englewood as vice president and
manager of commercial banking. He
previously served at Denver Na­
tional Bank and First Interstate
Bank of Denver. James A . W orley
has joined the bank as assistant vice
president and commercial loan offi­
cer. He has over ten years experi­
ence at Bank of Dallas.

Loan and investment reviews
and other management services

Wyoming News
The W yom ing Bankers A ssocia­
tion will present a seminar on loan
docum entation and analysis of A r­
ticle Nine o f the Uniform Commer­
cial Code. It will be held at the H oli­
day Inn in Casper on March 6. Re­
gistration is $105, which includes
lunch, breaks and an extensive

DENVER: A t Affiliated Lakeside
National Bank, Denver, Richard A .
W alter has been elected president.
He has been with the bank for 13
years. W alter M. Orr, Jr. will remain
as chairman and CEO o f the bank.
Additional prom otions include Gre­
gory R. Vartanyan, executive vice
president; D. Jay Grubbs, vice presi­
dent o f operations and administra­
tion, and Clayton Collier, vice presi­
dent o f commercial loans.

Banking Specialist
Route 3-Box 48

New Hampton, IA 50659

5

6
POSITIONS AVAILABLE
$55MM Northeast Iowa Bank needs an experienced EX­
ECUTIVE VICE-PRESIDENT. Send resume to WEA c/o
Northwestern Banker.
(PA)
BANKING OFFICER— Positions available in the Rocky
Mountains, southwest and midwest. All fees employer
paid. Contact Dunhill of Fort Collins, 2120 South College
Avenue, Fort Collins, CO 80525. Phone: (303) 221-5630. (PA)
LENDING OFFICER—Junior position. $10M bank. Send
resume to: Cascade Bancorporatlon, Inc., 1101 Midland
Financial Bldg., Des Moines, la 50309. Phone (515) 244-8036.
'
(PA)
VICE PRES. & OFFICE MANAGER—$45 million N. Central
Iowa Independent Community Bank needs take charge in­
dividual to manage full service office. Ag lending skills in­
cluding financial statements and cash flow analysis. Ex­
perience a must. Send resume and salary requirements to
File # WEI c/o Northwestern Banker.
(PA)
AG LOAN OFFICER—$25M bank in southwest Minnesota
town of 2,500 needs Ag Loan Officer immediately-mlnimum of 2 years experience necessary-salary commensu­
rate w ith experience-excellent opportunity for career ad­
vancement. Send resume to file No. WEK c/o Northwest­
ern Banker.
(PA)
COMMERCIAL LOAN OFFICER— position w ith progres­
sive Iowa City Bank. Minimum 3 yrs. lending experience
w ith college degree. Excellent benefit package w ith salary
commensurate w ith experience. Send resume and salary
requirements to File No. WEJ, c/o Northwestern Banker.
_______________________________________________(PA)
OPERATIONS OFFICER—w ith lending experience for $20
million Minnesota bank. Send resume w ith salary requirements to Box 776, W orthington, MN 56187.
(PA)

SENIOR VICE PRESIDENT
$100M bank, rural area, close to college town.
Banking degree, solid lending experience, man­
agement skills are necessary. Salary and fringe
benefits commensurate w ith experience. Send
resume to File No. WEG c/o Northwestern Banker.

BANKER-FARMER
CHANGING RELATIONSHIPS
Join us: MUIR FINANCIAL CONSULTANTS
Presents*

“TEAMING UP FOR THE FUTURE”
- CHANGING TIMES A tim ely seminar that addresses the issue of
Farmer-Banker relationships and how your Ag
Loan Officers can effectively and profitably com­
municate w ith to d a y’s fin a n cia lly stressed
farmers.
ON: February 11,1986 at 9:00 a.m.
AT:
Marina Inn, South Sioux City, NE
COST: $150 ($50 RSVP reservation fee by 2-4-86)
$200 at door if space available
FOR MORE INFO. CONTACT:
Julie A. Langerman
VP Operations
P.O. Box 2742
Sioux City, IA 51106
(712) 277-5143

POSITIONS AVAILABLE
E.V.P. • For a western Nebraska bank of $85 m il­
lion. Need heavy ag loan experience. W ill be
supervising 6. W ill lead to CEO in 3 years. To $50K
+ 20% Bonus
CREDIT ANALYST - Need 3-4 years in ag credit.
East central Nebraska. To $24K.
CEO - S.E. Minnesota. $30 million ag bank. 10 +
years experience. To $45K.
All fees are paid by our client employers.
Richard L. Beam, CPC
GUMBERT EXECUTIVE EXCHANGE, INC.
11246 Davenport Street
Omaha, NE 68154
Phone: 402/330-3260

POSITIONS AVAILABLE
COMM. LOAN OFF. for central Iowa bank . . . . Salary open
TRUST OFFICER for northern Iowa bank Salary to $35,000
SENIOR CREDIT ADMINISTRATOR for Minnesota bank ..
.....................................................................Salary to $35,000
EVP for $60M Iowa bank ..........................Salary to $50,000
VICE PRESIDENT AG LENDING OFFICER, possible #2 per­
son ................................................................Salary to $40,000
EVP for community bank in northwest Iowa ......................
......................................................................Salary to $35,000
AG LOAN OFFICER, for eastern Iowa b a n k ........................
......................................................................Salary to $25,000
TRUST OFFICER for central Illinois bank .. Salary $35,000
EVP for eastern Iowa bank ........................... Salary $40,000
COMMERCIAL/RE OFFICER for major bank holding com­
pany ......................................................................Salary open
VICE PRESIDENT RETAIL BANKER for major holding com­
pany bank ........................................................Salary $35,000
VICE PRESIDENT AG LENDER for major holding company
b a n k ..............................................................Salary to $38,000
AUDITOR for major banking group, Illinois & I o w a ............
........ ..........................................................Salary to $30,000
SENIOR COMMERCIAL LENDER for major Iowa bank . . . .
................................................................................Salary open
CEO for $50 million asset bank, m id w e s t.......Salary open
CEO for $15 m illion asset com m unity bank .. .Salary open
CEO for $40 m illion asset com m unity bank .. .Salary open
AG LENDER for $40 m illion asset com m unity bank ..........
............................................................................Salary $25,000
AUDITOR/CPA for Iowa holding c o m p a n y ___ Salary open
Please call Malcolm Freeland or Cy Kirk In care of:

Freeland Financial Service
1010 Equitable Bldg. Des Moines, IA 50309
515/282-6462

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SRM Microfilmer; 1 - Bell & Howell Classic Microfilmer. All
fo r sale due to mergers. Contact Dale L. Adams at
402-362-7411 or P.O. Box 69, York, NE 68467.
(FS)
SMALL TEMPORARY-DRIVE-IN FACILITY. Equipped with
two Diebold drive-in windows, for walk-up and drive-in
customers. Please call Jim Hoshor at 402-721-1050.
(FS)

POSITIONS WANTED
PRESENTLY EMPLOYED, energetic and professional
banker desires management team opportunity in midwestern $50 million or larger community bank. Experienced in
adm inistration, loans, cost control and strategic planning.
Box WEH, c/o Northwestern Banker.
(PW)

POSITIONS AVAILABLE
AG LOAN OFFICER
$25m community bank in good rural area near larger city
seeks good ag lender w /3+ yrs of exp. Take charge type
who wants career oppty and challenge. Profitable history
and well capitalized.
$30K + .
SR TRUST OFFICER
Highly profitable bank in strong economic area seeks #1
trust person for growing $100m + dept. Exp in personal
trust, mgmt and new busi ness development.
$45K + .
COMMERCIAL LENDER
To handle $20m portfolio consisting of com’ l clients with
$5-150m in sales. Good knowledge o f credit analysis, call­
ing exp and desire to join top-notch com’ l organization.
$35K.
FOR FURTHER INFORMATION FOR THESE & OTHER POSITIONS
RESPOND IN CONFIDENCE TO: KURT ROSENCRANTS

ROBERT HALF
317 6th Ave, Ste. 650
Des Moines, IA 50309

(515) 244-4414
WORLD’S LARGEST BANKING, EDP, & FINANCIAL SPECIALISTS
ALL FEES COMPANY PAID

BANKING
CLO MANAGER. Solid commercial lending could
q u a lify you fo r th is e x c e lle n t o p p o rtu n ity .
$150m + mm bank In cultural university oriented
c o m m u n ity .................................................To $40,000.
SENIOR LOAN OFFICER. Heavyweight commercial
skills for th is tremendous opportunity. $150 + mm
bank offers chance to reach your goals. . To $55,000.
ASSISTANT VICE PRESIDENT/COMMERCIAL
LOAN OFFICER. 2 + years commercial experience
can make you a member of this progressive bank
team. Superb upward m obility plus benefits..............
..................................................................... To $31,000.
TRUST OFFICER. Farm management background
for this trust generalist position. $30 + mm holding
company bank is located in historical area of the
Midwest....................................................... To $30,000.
VICE PRESIDENT. #2 person, community oriented.
Great opportunity to show your skills in this ag
bank. Some operational knowledge and strong lend­
ing qualities......................................................$30,000.
PRESIDENT. Opportunity to take charge of this rural
bank. Use your marketing skills to obtain your goal.
....................................................................... $40,000 + .
COMMERCIAL LOAN OFFICER. Chance to work
with accounts up to $1mm in size. Use your market­
ing and communication skills to expand with this
major holding company bank. Large metro area. . . .
.......................................................................$40,000 + .
AG LOAN OFFICER. Number two in department.
Definite chance for advancement. This is an ag lend­
ing position with a holding company. 20 miles from
major city......................................................$28-33,000.
VICE PRESIDENT. Number three In the bank. Can
lead to number two spot-President retiring. Ag lend­
ing experience. Excellent compensation....................
......................................................................$35-38,000.
ASSISTANT VICE PRESIDENT. If you’re ready to
handle a diverse commercial portfolio (average loan
$250,000) in a large metro bank, this is for you. Will
do business development...........................$25-30,000.
Toll Free #1-800-638-1996-025757

<Personnel Search
1126 So. 72nd St. Omaha, Ne. 68124

POSITIONS AVAILABLE
REAL ESTATE LOAN - manage dept, for large suburban
bank. C onstruction lending experience a must.
$35,000
LOAN REVIEW • assist senior loan review officer of
$200MM bank. Prefer degree.
$24,000
COMMERCIAL LOAN - junior position w ith $200MM subur­
ban bank. Requires degree and experience w ith large
credits.
$28,000
AGRI-LENDER - senior position which requires strong
background In financing of cattle operations.
$35,000
TRUST OFFICER - manage small dept, for $40MM subur­
ban bank. Does not require Law Degree.
$24,000
INQUIRIES ARE CONFIDENTIAL
RESUME’ REQUESTED.

TOM H AGAN & ASSOCIATES
2024 S w ift - Box 12346
North Kansas City, MO 64116
816/474-6874
“ Serving the Banking Industry Since 1970”

Vol. 14 No. 43 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, $18.00 per year. Second class postage paid at

Des Moines, Iowa. Address all mall subscriptions, changes of address (Form 3579), manuscripts, mall items to above address.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis