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February 11,1985 Des Moines, Iowa Vol. 13 No. 43 Nebraska News The 1985 Management Develop ment Workshop, sponsored by the Nebraksa Bankers Association, will be held March 6 at the Grand Island Ramada Inn. The workshop will feature Dr. Richard M. Robl from Hutchinson, Kan. He has dedicated his career to designing productivity management systems. The program will run from 9:00 a.m. to 4:00 p.m., with a noon lunch planned. Advance registration fee is $65, $80 at the door. For more information, contact the N BA office in Lincoln. CAM BRIDGE: The following peo ple have been promoted at Cam bridge State Bank: Keith Klocke to executive vice president; Mary Kay Sexton from cashier to vice presi dent; Harriet Klocke to cashier and Shirley Mousel has been named the new assistant cashier. CARSEN: Alta Wagner has been promoted to vice president at Carson National Bank. She formerly was assistant vice president and has been with the bank since 1963. ELGIN: Dennis Ochsner has joined the Bank of Elgin as vice president and chief ag loan officer. He former ly was with Norwest of Omaha. JANSEN: Kevin R. Keiser has been named vice president of State Bank of Jansen, according to Robert D. Zuehlsdorf, president. Mr. Keiser, a loan officer with the bank, and has previously been associated with Crofton State Bank for three years. OM AHA: First Westroads Bank re cently appointed Peter W. Zandbergen executive vice president. Mr. Zandbergen is responsible for com mercial lending and market develop ment. Also appointed was James W. Kresha to vice president. His re sponsibilities include commercial and consumer lending. OM AHA: Harold Walton, president of Norwest Bank Omaha West has announced the election o f Brian D. Lierman as senior vice president/ manager of private and business banking sectors effective February 15 and Patrick J. McPherson as se nior vice president and cashier. TRENTON: Mark L. Forgue has been promoted to vice president and cashier at State Bank of Trenton. He joined the bank in 1981. Iowa News Russell S. Howard, Jr., chairman and president of Mahaska State Bank in Oskaloosa, has announced his candidacy for the office of president-elect of the Iowa Bankers Association for the 1985-86 year. If elected, he would assume office at the IB A convention in September, and would succeed J. Bruce Meri wether, who is slated to become president in September for the 1985-86 year. Mr. Howard has a long history of service with the IB A and its affiliates. The February 21 meeting o f the Central Iowa Chapter o f Bank Ad ministration Institute will be held at Adventureland Inn in Des Moines. This is a joint meeting with N ABW and will feature a panel discussion on “ What are Benefits and Perks W orth?” Social hour is at 5:30 p.m., fol lowed by dinner at 6:30 and meeting at 7:30. Cost per person $14. For more information contact: Tom Quinlin, Norwest Bank Des Moines. BURLINGTON: The program for the Group 11 meeting here February 17-18 will feature the guest speaker, Dr. Taggart Frost, PhD, University of Northern Iowa, at the noon lun cheon on Monday, February 18. Speakers during the business ses sion starting at 10:00 a.m. include IB A President Bill Logan; IB A Ex ec. Vice President Neil Milner, and Iowa Superintendent of Banking Tom Huston. This is the reverse of their appearance as announced in the complete program published February 4. CEDAR RAPIDS: Richard J. Benhart has been appointed vice presi dent and cashier at City National Bank of Cedar Rapids. Mr. Benhart has held several positions with the bank for the past eleven years and has served as cashier since 1979. CRESTON: C.B. “ Neal” Conover and Dwight Conover have signed an agreement to purchase nearly all of the stock o f First National Bank, RISMILLER, WEAVER AND YAKE Getting it done for you* i t £* W W É David Rismiller Warren Weaver Ernie Yake . Chairman President Senior President Vice Preside ^ C o m m e rc e B a n k of Kansascity NA MCMDCD m r* MEMBER cFDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T û lû r»h r»n û Telephone (816) OQ/l-OfinH 234-2000 W ARE YOU CULTIVATING A CROPOFNON-PERFORMING AG LOANS?? Call (515) 225-0085 COLLECT To Learn About THE PLANNER Revolutionary Software for Farm Credit Analysis and Planning Homestead Management Systems, Inc. pending approval o f the Federal Re serve Board. An application to form a one-bank holding company also has been filed with the Fed. Neal Conover has been elected chairman. Dwight Conover has been elected president to succeed H.C. Hough ton. Dale Burich continues as vice president and cashier and Barbara Lightner as vice president. New of ficers are: Dean Schantz and Rich ard Anderson, vice presidents, and Russell Booth and Madison Ausman, assistant vice presidents. A t 1984 year-end, deposits were $54,105,000 and assets were $60,050,000. Continental Bank of Chicago. Mr. Pappas heads the FDIC oversight team working on commercial loans that were spun out of Continental to FDIC under last year’s refinancing agreement. The other four divisions of special loans being handled by FDIC workout specialists are mari time, international, energy and real estate. Mr. Pappas has 28 years of banking experience—12 as a Federal Reserve senior bank examiner out of the Chicago office, 12 as senior loan officer at Bankers Trust Company, Des Moines, six months at State Central Bank, Keokuk, and the past three years as a banking consultant and loan workout specialist. DES MOINES: Chris Pappas has accepted an assignment as senior H ARLAN: Following the bank’s an credit specialist for the FDIC at nual meeting, Harlan National Bank announced the promotions of David Gude from assistant vice president to vice president/ag loans, and Becky Miller was promoted to loan documentation officer. JEFFERSON: Sid Jones has been promoted to executive vice presi dent of Home State Bank in Jeffer son. Mr. Jones will supervise the loaning function and be active in op erations management. He has been with the bank since 1983, most re cently as vice president. ASK TERRY MARTIN to make MNB work for you. MOORHEAD: Earl N. Bressman, president of Moorhead State Bank, died January 3. C. Keith Hieber has been named to succeed him as presi dent of the bank, and will also serve as cashier. Martin Cline will serve as vice president. Toll free 1-800-332-5991 SOLON: Solon State Bank has an nounced the promotion of Mary A. Hanzelka from vice president to senior vice president; Don C. Ellis Merchants A National Bank 151 Member F.D.I.C. A BANKS OF IOWA’ BANK Serving bankers quietly and efficiently. CAPITAL PERSONNEL SERVICE 714 U.C.B. Building, 515-283-2545 Des Moines, Iowa 50309 from cashier to vice president, and Douglas J. Stahle from assistant cashier to cashier. SWISHER: A t the annual meeting of Swisher Trust and Savings Bank, F. Eugene Robison was elected president. He succeeds G. Milton Chadima, who was elected chair man. Daryl J. Hynek was elected ex ecutive vice president and Philip R. Reed was elected cashier. WATERLOO: A t Peoples Bank and Trust Company, Josef M. Vich and Alan C. Schmeidel were elected vice presidents in the operations divi sion. Mr. Vich, a CPA, has been with the bank since December, 1983. Mr. Schmeidel joined Peoples Bank in 1979. South Dakota News The South Dakota Bankers A sso ciation 1985 Bank Management Conference will be held February 21 at the Holiday Inn, Mitchell. A com plete agenda for the conference can be found in the February N o r t h w es ter n B anker . North Dakota News CROSBY: Gaylen Melgaard has been promoted from vice president to executive vice president. Mr. Gaylen joined the bank nine years ago, after spending several years with a finance company. BANKING SPECIALISTS LENDING • TRUST • OPERATIONS t For Prompt, Courteous, Professional Attention T o Y o u r S t a ffin g Needs, Call On Us. Diane Evans 816/842-3860 R egency RECRUITERS, INC. 1102 Grand Avenue, Kansas City, M O 64106 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 2-11-85 • 3 IRA Seminars Just for Iowa Bankers! □ MARCH 5 - Storm Lake □ MARCH 6 - Des Moines Maxwell s Harbor House 1524 E. Lakeshore 712-732-6111 0 □ MARCH 7 - Cedar Rapids Airport Hilton 61 11 Fleur Drive 515-287-2400 Stouffer Five Seasons Hotel 350 First Avenue 319-363-8161 IRA Agenda I. IRA Plan Document Requirements A. Financial Disclosure Projection B. Amending IRA Files - Tax Reform Act II. Federal Income Tax Issues A. Contribution and Deduction Limits B. Compensation (Earned Income) Considerations C. Excess Contribution D. Transfers and Rollovers - New Partial Rollover Rules & Divorced Spousal Rollovers E. Penalty Taxes - IRS Form 5329 F. Prohibited Transactions III. Administrative Issues A . Annual Reporting Requirements 1. To Federal Government (5498, 1049-R, W-2P and W-3C) 2. To IRA Participant (5498, Annual Report, W-2P and W-3C) B. IRA Withholding Rules Registration Information FEES- $97 $87 for the first registrant per day. for each additional registrant at the same seminar. The fee includes course instruction, course instruction guide, coffee break, and luncheon. C. Distributions Before Age 701/2 D. Calculating Mandated Distributions at 701/2 E. Calculating and Monitoring Mandated Distributions to Beneficiaries IV. As these topics are discussed the following major changes of the Tax Reform Act and Retirement Equity Act will be covered: 1. The new IRA contribution deadline; 2. The special rollover rules for partial distributions from a qualified plan or tax sheltered annuity 3. Special rollover rules for distribution upon divorce 4. New distribution rules - change the method of calculating the distribution amounts both before death of accountholder and after V. Overview SEP vs. Qualified Plan (formerly HR-10) T O PRE-REGISTER CALL 1(800) 346-3961 SEM INAR SCH EDULE Registration.................. Seminar B e g in s ........... Morning Break............. Lunch ............................. Afternoon B re a k ......... Conclusion.................... ........... 8:15 ........... 9:00 10:15-10:30 .12:00-1:00 . .2:30-2:45 ...........4:00 REFUNDS A refund of $60.00 will be made on cancellations received 10 days prior to the seminar date which you were registered to attend. Refunds will not otherwise be made. Name and Title Return to: Collin W. Fritz and Associates, Ltd. •Tfe P e n s io n S p e c ia lis ts ' 3211 Wakonda Court Des Moines, Iowa 50321 □ "Information Request" - Please send me information on the following services at no obligation. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount _ . ,„ , , Total Enclosed https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 Call on the “Experienced Professionals” IIIIHIÜIIII R eady to m eet yo u r correspondent needs. A FirsTier Company • • • • 0 ^ £ ^ 0 Minnesota News MANKATO: John C. Roise has been elected president and chief operat ing o ffice r o f N orw est Bank Mankato, N.A. Mr. Roise, joined the bank in 1978 and most recently served as executive vice president -credit. He succeeds George W. Sugden, who has been named chairman and chief executive officer. Mr. Sugden joined the bank in 1951 and was named president in 1965. Also at the bank, Patrick Burnell was promoted to vice president and Paul Pfeifer to accounting officer. PIPESTONE: First Bank Luveme, Pipestone Office, has elected Mark L. Mosbrucker president and chief operations officer. He succeeds Steven A. Grell, who has accepted a position as president of First Bank Cando, N.D. He has been with the bank since 1979. SAINT PAUL: Jerome S. Yugend has joined American National Bank as vice president and senior trust marketing officer. He has over 28 years banking and trust experience. LIVINGSTON: The board of direc tors of First Bank Livingston has elected Robert J. Gersack president and director, effective March 1 . He will succeed Malcolm E. Adams, who has been promoted to president of First Bank in Miles City. Mr. Ger sack most recently served as senior vice president and second officer of First Bank Miles City, where he has been since 1964. M ILES CITY: Malcolm E. Adams has been elected president and a di rector of First Bank Miles City. He succeeds Gordon L. Bickle, who has elected to take early retirement ef fective March 31. Mr. Adams most recently served as president o f First Bank Livingston, where he has been since 1974. Mr. Bickle first joined the bank in 1953, later serving as president and CEO of First Bank in Albert Lea, Minn., and returning to Miles City as president and CEO of First Bank in 1983. Also announced was the promotion of Edward C. Lamb as vice president, second offi cer, effective March 1 . He replaces Robert J. Gersack who was named president of First Bank Livingston. Montana News Wyoming News BILLINGS: A t Norwest Bank Billings, N.A., Connie Bergsven recent ly was elected vice president for commercial middle market lending. She has been serving as manager of the private banking division o f Norwest Bank Bloomington, Minn., for the past year. CHEYENNE: Recently promoted at First Wyoming Bancorporation were: Judith T. Walz to vice presi dent and manager of marketing, planning, public relations and re search, and Marvin A. Schutte to as sistant vice president and manager of data processing. Mrs. Walz joined the organization in 1981 as research analyst. Mr. Schutte joined in July of 1984 and has managed the organi zation’s data processing center since that time. Estate Appraisals Purchase of Collections Sale o f Rare Coins R eliab le and respected service for over 20 years Used by bankers throughout the midwest Ben E . Marlenee Coins 913 Locust Des M oines, Iowa 50309 515-243-8064 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Member, F.D.I.C. COMMERCIAL-AG LOAN VICE PRESIDENT Position in northeast Iowa. Minimum 3-5 years lending experience. Cash flow and loan documen tation necessary. Excellent benefits and career opportunities with growing multi-bank holding company. Salary commensurate with experience. Send resume and references to: Charles V. Perry, President Parkersburg State Bank Box 70, Parkersburg, IA 50665 Phone: 319/346-2114 (PA) LOAN W ORKOUT SPECIALIST Available on a temporary or an intermediate basis in an on line or advisory capacity for: • LOAN WORKOUTS • LIQUIDATIONS • DOCUM ENTATION 22 years experience in acquisitions and liquidations, write: WBX c/o Northwestern Banker — All Replies Confidential — (PW) TR UST ACCOUNTIN G SOFTW ARE FOR MICROCOMPUTERS MBS, Inc. 7387 Pacific St., Omaha, NE 68114 Phone: 402/399-8021 Banking Career Specialists Financial Placements is built on a history of strong relationships betw een bankers and Bank News' publications. M ik e W a ll T o m C annon Call us! We can help find the right person or the right position. F IN A N C IA L PLACEM ENTS a division of BANK NEWS 912 Baltimore Kansas City, MO 64105 816 421-7941 - W A N T ADS— Rates are $5.00 per line per insertion. Add $3.00 for file letters per insertion. Identify of file letter ad vertisers cannot be revealed. NORTHW ESTERN BANKER, 306 15th St., Des Moines, Iowa 50309. Phone 515/244-8163 Ag Banking Specialists Let us help with your career advancement or staffing needs. Call In confidence, without obligation. Employfee to hire the best. FOR SALE COMMERCIAL LENDER for $100 million bank. Requires 5-10 years experience. Job entails loan cleanup— both ag and com m ercial..............................................Salary $40,000+ BURROUGHS S590 SINGLE POCKET DOCUM ENT ENCODER. New. Never Used. Contact D.T. Ledlie, Phone: 815/453-7441. (FS) COMMERCIAL LENDER for $600 million midwest bank. Must be experienced in handling major credits and good at documentation..........................................Salary $40,000. Linda 515/394-5827 New Hampton, la. 50659 ■ POSITION AVAILABLE COMMERCIAL LOAN O FFICER — Immediate opening for head of commercial loan department. This person will also supervise officer in charge of consumer loans. Minimum of 3 years commercial experience required. Salary com mensurate with experience. Excellent benefits and career opportunities. Contact: Robert S. DeWaay, President, United State Bank, P.O. Box 309, Cedar Rapids, IA, 52406. Member Hawkeye Bancorporatlon. Phone 319/366-8413. ____________________________________________________(PA) PRESIDENT— $25 million Fort Madison, Iowa bank. Good earnings, not a problem bank. Must have lending back ground. Contact Larry Wenzl, P.O. Box 450, Ames, Iowa 50010. Phone: 515/232-8200. (PA) AG. LOAN O FFICER — Prefer farm background and some lending experience. Salary $20K to $25K depending on education and experience. Contact Art Ovrom, Pres., Farmers State Bank, Keosauqua, IA. Phone: 319/293-3794. ____________________________________________________(PA) SENIOR LOAN O FFICER — NW Illinois $52 million commu nity bank. Must have 5-8 years banking experience in all phases of banking. Excellent opportunity in a good rural community. Phone Andy Rogers, First National Bank of Galena, IL. Phone: 815/777-0344. (PA) VICE PRESIDENT— $40 million southeast Iowa bank seek ing individual with strong credit and operations back ground needed. Near major college town. Excellent bene fits and career opportunity. Send resume and salary his tory in confidence to file WCS, c/o Northwestern Banker. ____________________________________________________(PA) NEEDED IM M EDIATELY— 2nd officer in $12 million SE Iowa bank. Prefer minimum of 2 yrs. experience in Ag. len ding or operations. Send resume, including salary require ments to file W CT, c/o Northwestern Banker. (PA) POSITIONS AVAILABLE COMM’L LENDER •Flourishing central IA bank seeks de greed, pure comm’l lender with 2-5 yrs exp. Super oppty to move into senior mgmt position. VICE PRESIDENT - Expanding community bank in a grow ing area wants innovative indiv with good comm’l lending record, senior lending exp and strong desire to eventually be #1 man. 4 yr degree and good overall lending knowl edge a plus. PORTFOLIO MANAGER - Large progressive institution is searching for an experienced indiv who has analyzed short and long term investment needs, managed gov’t securi ties, and a $500+ investment portfolio. $35-55K. COMM’L LOAN ANAL •Florida bank holding co seeks sea soned comm’l lender, 3 + yrs exp to evaluate fin’l position and performance. Challenging/responsible position with great benefits and location in a large organization. $28K. AG LENDER - Rapidly growing community bank seeks indiv with 4 yr degree, 2 + yrs in bank lending and strength In ag lending. Credit/collections knowledge a plus. $25K. TR UST O FFICER - Dynamic midwest bank is looking for a professional with strong trust history & business develop ment exp. JD, strong marketing. $30K. FOR FURTHER INFORMATION FOR TH ESE AND OTHER POSITIONS RESPOND IN CO N FIDENCE TO: R. KURT ROSENCRANTS A T (515) 244-4414 i MM1 <M M 1 1M » R O B E R T MSBLF 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COM PANY PAID CEO for $28 million Iowa bank. Affiliated with major hold ing company.Prefer experienced banker with good ag background...................................................... Salary $45,000+ CEO for $14 million Iowa community bank. Requires 5 to 10 years experience. Good ag background.. . . Salary open SHARP ELECTRONIC TELLER M ACHINES-OverstockedSpecial Price for 30 days. Phone: 307/634-7402. (FS) BURROUGHS 6 PO CKET PROOF M ACHINE MODEL S3000 Farmers State Bank, Irene, S.D. 57037. Phone: 605/263-3355. ________________ (FS) Financial Careers CEO for $25 million Iowa bank. Prefer experienced banker with college degree................................... Salary $35,000 + Jean 515/263-9598 (T/W/F) 712/7793567 (M/TH) Massena, Iowa 50853 agnc4RBRS,iNC. NUMBER TW O person for $140 million bank. Must have loan experience in larger bank. Position leads to C E O ___ ......................................................................... Salary $50,000 + COMMERCIAL LENDER for major southern Minnesota bank. Requires 5 or more years experience............................ .......................................................................Salary to $40,000. TR UST O FFICER for $300 million midwest bank. Prefer lawyer or CPA with trust experience . . . . Salary $35,000 + POSITIONS AVAILABLE AG LENDERS - My clients need 6 ag lenders 4-8 years experience. Prefer degree. E. Nebraska and W. Iowa $30-35K Call or send resume to: Richard L. Beam Certified Personnel Consultant GUM BERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 68154 Phone: 402/330-3260 - Member National Personnel Assoc. We’re Nationwide AG LENDER for major eastern Iowa bank. Located in metro area. Candidate will work in rural office..................... .......................................................................Salary to $30,000. TR UST OFFICER for $70 million Iowa bank. Prefer lawyer with two or more years experience in handling trusts and estates............................................................ Salary $30,000. VICE PRESIDENT— COMMERCIAL LOANS for $40 million Iowa bank. Insurance license is a plus . .Salary to $35,000 CASHIER for eastern Nebraska bank. Requires 3-5 years experience....................................................Salary to $32,000. AG LENDER for northern Iowa bank. Prefer college grad with one or two years experience. Must know documenta tion ............................................................... Salary to $25,000. AG LENDERS for PCA, to serve as managers in excellent farming areas. Offices do not have major problem loans. Prefer college grads with 3 or more years experience and farm background. Good documentation record is essential ....................................................................... Salary to $30,000. DON W : H 0 0 LER In AND CilJ) ) ) ASSOCIATES "Successful Banking is Quality Personnel" If you would like to be informed of positions as they become available and if you are interested in chang ing your present position, send your resume or phone Don Schooler, 417-882-2265, 2508 East Meadow, Springfield, Missouri 65804. Information on you will be kept confidential until you are inter ested in a specific position. Eighteen years of banking serving as President of rural and metropolitan banks enables me to match you, technically and personally, with the right bank ing environment. Write or call Malcolm Freeland or Cy Kirk in care of Freeland Financial Service, Inc., 1010 Equitable Bldg., Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays reasonable fee. Many other opportunities now available. W ANT TO BUY W ANTED — Minnesota, Iowa or Wisconsin $10-$20 million sound bank. File WCQ, c/o Northwestern Banker. (WTB) W A N T TO PURCHASE BANK(s)— Contact: Steve Drennan, Palmer State Bank, Palmer, Iowa 50571. (WTB) POSITION WANTED POSITIONS CURRENTLY AVAILABLE Missouri, Iowa Oklahoma, Kansas, Arkansas, Illinois, and Nebraska COMMERCIAL LENDER, $150mm bank, $10,000 portfolio, middle market credits, excellent loca tion ................................................................. $35,000 COMMERCIAL LENDER, $100mm + bank, solid commercial construction lending background, $10mm portfolio, work-out credits............ $40,000 PRESIDENT, in a top suburban location, strong business development and social background . . . .....................OPEN W ITH OWNERSHIP EQUITIES C O U N TR Y B A N K C O M M E R C IA L LE N D E R , $80mm, #3 man, 7,500+ population, southern Missouri, business development skills .. .$25,000 COUNTRY BANK, #2, Excellent town of 2,000, small bank, needs all around lending abilities . . . .......................................................................... $25,000 PRESIDENT COUNTRY BANK, $30mm+ bank, ag oriented, work-out credits, population of 4,000 . . . .......................................................................... $45,000 PRESIDENT SUBURBAN BANK, $40mm + , out standing growth potential, requiring a seasoned, stable, team builder administrator..................OPEN PRESIDENT COUNTRY BANK, near college, $20mm + , work-out and documentation expertise .......................................................................... $45,000 OPERATIONS HEAD, $30mm + , good college to w n ................................................................. $25,000 COUNTRY BANK LENDER, $30mm + , 1,500 popu lation, strong ag background, strong banking or ganization ....................................................... $30,000 ENTRY LEVEL POSITION. Graduate of the University of South Dakota. With interest in finance and economics. Contact Jeff Wollman, 803 Dakota St., Yankton, SD 57078. Phone: (605) 665-8293. (PW) AG LOAN O FFICER — 36 years old, Iowa State University graduate, farming, ag business, and 4 years banking ex perience. Experienced with cash flows, micro-computers and loan documentation. Have real estate and insurance licenses. Contact file WCR, c/o Northwestern Banker. (PW) POSITIONS A V A IL A B L E REAL ESTA TE OFFICER - manage dept, for $100MM bank located in college town. Experience with secondary mar ket operation a plus. $28K SECOND OFFICER - $35MM Agri-oriented bank. Minimum five yrs. Ag-Lending experience $35K SENIOR LENDER - supervise all lending divisions of $125MM community bank. Degree and experience in large bank desired. $45K COMMERCIAL LOAN - $75MM suburban bank affiliated with major holding company. Requires excellent docu mentation and analysis skills. $30K CEO - medium size Ag bank located in small northern Mis souri community. Previous administrative experience re quired. $40K Additional opportunities available in Midwestern States. TOM H A G A N & A SSO C IA TE S 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 13 No. 43 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fif teenth Street, 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 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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