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Des Moines, Iowa February 14, 1977 ceived permission to establish and maintain an auxiliary teller facility at 1502 Second Avenue here. Cook, Sr., formerly president and chairman, continues as chairman. Jean James has been promoted to assistant cashier in charge of book keeping. Vol. 5 No. 42 # ® ^ ^ ® ® • Nebraska News ALLIANCE: The Guardian State Bank and Trust Co. has announced the promotions of James Nelson from assistant cashier to assistant vice president and instalment loan officer, and Eugene Hastings to assistant cashier. Phyllis Edmiston and Glaideth Frank have been elected to the board. FULLERTON: The First National Bank has changed its name to First National Bank and Trust of Ful lerton. CENTRAL CITY: Judy Roscoe has been named assistant cashier of Central Bank. GRAND ISLAND: First National Bank has announced the appointments of John B. Atkins to assist ant vice president and Dallas L. Kiburz to assistant loan officer, instalment loans. HASTINGS: First National Bank has announced the promotions of Dan Finken to instalment loan officer and Mike Leininger to agricultural loan officer. HEMINGFORD: Eugene Coplen, cashier of the Bank of Hemingford, has been elected to the bank’s board. KEARNEY: Platte Valley State Bank & Trust Company has re- • • OAKDALE: First State Bank has announced the following promo tions: Melvin Johnson from cashier to executive vice president, Barry V. Marsh to cashier, and Dennis H. Anderson to assistant loan officer. OMAHA: The Omaha-Council Bluffs chapter of Bank Administra tion Institute will meet Feb. 15 at Anthony’s Restaurant, 72nd and F Streets. Officers will be elected and Robert E. Harris, executive man ager and treasurer of the Nebraska Bankers Association, will speak on “Legislative Update and Current Savings & Loan Trusts.” Social hour begins at 5:30 p.m., followed by dinner at 6:30 and the program at 7:30. OSMOND: Richard E. Adkins, president of the Osmond State Bank, has announced he will be a candidate for election as Governor in 1978. SOUTH SIOUX CITY: Tom Magnuson, operations officer, has been promoted to cashier of the Dakota County State Bank. WYMORE: Dennis E. Osmera has been elected president of The Wymore State Bank. He had been executive vice president. W. W. SCOTIA: State Bank of Scotia has announced promotions of the fol lowing employees: Maxine Hodg son, Phyllis R. Hanson and Susan K. Vlach, a ssista n t cashiers; Allison Dulitz, bookkeeper and teller and Faye E. Vlach, insurance. Minnesota News ALDEN: The First National Bank has announced two additions to its staff: L. W. Grinolds, formerly with KCPI-FM in Albert Lea, and Richard R. Miller, who has been with a s&l for five years. BOYD: Boyd State Bank has named Dennis Mogard assistant cashier. He also is manager of the Boyd Insurance Service. BUFFALO: Controlling interest in The Oakley National Bank has been sold to Virg Hegeholz and four other banking associates. He is a 32-year veteran of banking in Minnesota, North Dakota and Illinois. The stock was purchased from the Merlin family, who have been associated with the bank since 1919. Mr. Hegeholz has assumed the presidency succeeding Harold Dickson who resigned. CALL ON THE “PERFORMANCE TEA M ” where common transactions are handled uncomm only well. ¡■ ■ ■ i FIRST N A T IO N A L L IN C O L N • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.I.C. manager of the Little Rock office of the Rock Rapids State Bank, suc ceeding John T. Kruse, Sr., who plans to retire later this year. 2 BURNSVILLE: John McGinnis recently was elected instalment loan officer at First Burnsville State Bank. DETROIT LAKES: First National Bank has announced the following promotions: Phyllis Beyer, auditor, and Marian Ohman, supervisor, to a ssista n t cashiers, and Carol Hukriede to auditor. DULUTH: DuRaine P. Makitalo recently was promoted to assistant cashier in charge of the proof and bookkeeping department of the Airport State Bank. ELBOW LAKE: First National Bank has announced the appoint ment of Marvin Westrom to presi dent succeeding Orvin Amundson who retired after nearly 30 years We learned a lot in 48 years. RURAL APPRAISAL MANUAL The 4th edition includes a total up-date, including metric conversion tables, ex panded glossary, plus five new rural appraisal exhibits. 8V2" x 11" 263 pages Metal spiral bound $1200 ea. THE JOURNAL Published since 1937 for those in the agribusiness complex who need insights into modern farm-ranch management, rural property valuations, real estate in vestment, agrbultural finance and related areas. Semi-annual $5.00 per year FARM-RANCH MANAGEMENT MANUAL This new 2nd edition includes two management plans: a Midwest farm and a prairie ranch. QVz" x 11 " 200 pages Metal spiral bound $1200 ea. with the bank. Suceeding Mr. Westrom as vice president is Luther Quist, who will retain the post of agricultural representative. ELY: First National Bank has changed its name to The First Northwestern National Bank of Ely, reflecting its membership in Northwest Bancorporation, regis tered bank holding company. FAIRMONT: M. K. Kastning was elected president of Martin County National Bank, succeeding the late Chris Holden. Fred C. Krahmer, attorney, was named vice president (inactive) to succeed Mr. Kastning. Alvin A. Poland, Cash-Way Lum ber, was named director. FAIRMONT: State Bank of Fair mont has named Joseph G. Horvei president succeeding G. R. Huemoeller who retired. Mr. Huemoeller will continue as a director. FAIRMONT: James A. Haeckel, vice president and acting cashier of Fairmont National Bank, was elected to the bank’s board. FERGUS FALLS: Jon Boutain was elected assistant cashier of the First National Bank. JORDAN: Dale C. Bowers has been named instalment loan man ager of the Northwestern State Bank. LAKE CITY: Lester Arndt was elected assistant cashier of Lake City State Bank. LITTLE ROCK: John A. Hulshof has been named vice president and S https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SHAKOPEE: Bradford B. Henry has been promoted to instalment lending officer at the First National Bank. ST. JAMES: Citizens State Bank has promoted Arlene Enger to assistant cashier. WACONIA: Roger Wichelman has been promoted to vice president and cashier of the First National Bank. Iowa News ANKENY: Donald L. Davis was elected president of Ankeny State Bank succeeding Dean E. Minor who was elected chairman. Mr. Davis had been senior vice presi dent. Rolfe O. Wagner, past presi dent and chairman, was elected chairman of the executive com mittee. Gerald Fehn, assistant When your customer owns equipment but needs cash, perhaps a “Leaseback” is the answer. Fees for you and loss-free, high yield loans if you want them. Investigate XeaMptan Send orders to: American Society of Farm Managers and Rural Appraisers ) P.O. Box 6857 [ Denver, Colorado 80206 I, (303)388-4858 MINNEAPOLIS: Northwest Bancorporation has proposed a 2-for-l stock-split of common shares in mid-June to stockholders of record May 17, to be voted on by share holders at their annual meeting April 25. If approved, Banco would have 36 million authorized shares, with 25,275,000 outstanding after the split. The quarterly dividend is being increased from 45 cents per share to 48 cents per share with the dividend payable March 1. After the split, the dividend will continue at 24 cents per share quarterly. NEW LONDON: Farmers State Bank has announced the promo tions of Errol Bluhm to assistant vice president, and Joanne Espelien and Louis Wiedeman to assistant cashiers. PIPESTONE: Robert F. Krattenmaker has joined the Pipestone National Bank. He had been with First Bank System for more than six years, most recently in Minnea polis. I by tfi/viU tfnbu/iecl HI à “DICK” SELLON 3 n c. 545 - 31 st Street • 282-5008 Dee Moines, Iowa 50312 ‘DUANE” DEVAULT C a r l e t o x D . B e Co . h T INVESTMENT SECUR ITIES TELEPHONE 2 8 8 -2152 AREA CO DE 515 NEW ISSUE DES M O IN ES BU ILD IN G Des MoixesJ owa $460,000 NORTH ST. PAUL, MINNESOTA MOODY’S: “A” General Obligation Tax Increment Bonds of 1977 Dated: March 1,1977 Denomination: $5,000 Both principal and semiannual interest (March 1 and September 1, first coupon due September 1 1977) payable at a bank to be designated. IN THE OPINION OF COUNSEL INTEREST ON THESE BONDS IS EXEMPT FROM ALL PRESENT FEDERAL INCOME TAXES. MATURITIES 4.25% $ 5,000 March 1,1979 10,000 March 1,1980 10,000 March 1,1981 10,000 March 1,1982 15,000 March 1,1983 15,000 March 1,1984 4.50% 20,000 March 1,1985 20,000 March 1,1986 4.70% 25,000 March 1,1987 4.80% 25,000 March 1,1988 3.50 3.70 3.85 4.00 4.15 4.30 4.45 4.60 4.70 4.80 ‘ Optional in inverse order beginning March 1, 1991 at 100%. 4.90% $25,000 March 1,1989 5.00% 30,000 March 1,1990 30,000 March 1,1991 5.20% 40,000 March 1,1992* 5.30% 40,000 March 1,1993* 5.40% 40,000 March 1,1994* 5.50% 50,000 March 1,1995* 50,000 March 1,1996* 4.90 5.00 5.10 5.20 5.30 5.40 5.50 5.50 LEGALITY TO BE APPROVED BY BRIGGS AND MORGAN, P. A., ST. PAUL, MINNESOTA. r!0^ .T311* 's l° cated >n Ramsey County, northeast of the City of St. Paul and is bounded by the communities of Maplewood and Oakdale. Transportation is provided by State highways No. 36 and 120, with Interstate highway No. 694 and 35 and U. S. highway No ?■ e a ® 7 accessible. The largest commercial development in North St. Paul is a Target Store, a division of the Dayton Hudson Corpora tion. Additional speciality and service shops are now completed, called The North St. Paul Shoppes, adjacent to the Target Store. The Target Store currently employs 325 people. The shopping complex represents a total approximate investment of $6,000,000. Minnesota Mming and Manfacturing has disclosed plans fora future development to be called Carleton Park, located just east of the City of North St. Paul. The research-office complex, upon completion is expected to house 18,000 employees. The ten largest employers in the City are Target Store; Standard Conveyor Co.; Anchor Block Company; K. G. Research; Keindel’s Supermarket; Berwald Enterprises; Lillie Suburban Newspaper; City of North St. Paul; Polar Plastics and T. A. Schifsky, Inc. The proceeds of this issue will be used to provide money for land acquisition and site improvement for a redevelopment project under taken by the Housing & Redevelopment Authority of the City pursuant to the Municipal Housing & Redevelopment Act. These bonds are payable primarily from tax receipts derived by increment property valuation within the area under North St. Paul’s Housing and Re development (HRA) jurisdiction. In the opinion of counsel, these bonds are legal and binding general obligations of North St. Paul, Minnesota, and all taxable property located therein is subject to the levy of sufficient taxes to pay the principal of and interest on thè bonds without limit as to rate or amount should the incremental tax receipts prove insufficient. FINANCIAL STATEMENT Market value of taxable property, 1975-76 Assessed value of taxable property, 1975-76 Gross direct debt, including this issue Net direct debt, excluding assessments & self-supporting Total net direct, overlapping and underlying debt Population, 1977 estimate: $76,190,781 26^426,981 5,655,000 822^022 4,295*951 12,750 Gross direct debt per capita: Net direct debt per capita: Total debt per capita: Tax collections have approximated 98.9% of taxes levied for the past four years. We own and offer subject to prior sale and change in price and subject to our attorney’s approving opinion The information contained in this circular is not guaranteed, but is derived from sources we deem reliable and is that on which our purchase of these bonds was based. Offered subject to prior sale and change in price. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $443.53 63.69 336.16 Group 11 Meets in Burlington Burlington will be the site of the annual meeting of Group 11 of the Iowa Bankers Association February 20-21, according to Robert J. Laughrige, group chair man, and senior vice president of Union Bank and Trust Company, Ottumwa. Registration begins at 4 p.m. at the Burlington Hotel. “The Whole is Greater than the Sum of the Parts” is the title of the luncheon speech by Dr. Kenneth J. 5:00 Social hour — Burlington Hotel. 6:00 Dinner — Burlington Hotel. 8:00 Dancing — Burlington Hotel. Monday, February 21 A.M. 10:00 Business Meeting — Iowa Southern Utilities Auditorium. Remarks: C. Robert Brenton, president, Iowa Bankers A ssociation; president, B renton Banks, Inc. Thomas H. Huston, state superintendent of banking. Marvin R. Johnson, state director, U. S. Sav ings Bonds. R. J. LAUGHRIGE Neil Milner, executive vice president and secre tary, Iowa Bankers Association. DR. K. J. WELLER Weller, chairman, board of governors, Iowa College Foundation and president, Central College, Pella. The complete program follows: P.M. 12:30 Luncheon — Burlington Hotel. Sunday, February 20 P.M. 4:00 Registration — Burlington Hotel. Innovation: Dr. Robert V. Gildner, minister, First United Methodist Church, Burlington. “The Whole is Greater than the Sum of the Parts” — Dr. Kenneth J. Weller, chairman, board of governors, Iowa College Foundation; president, Central College, Pella. Welcome to Our Group Meeting BURLINGTON Monday, February 21 Burlington banks extend a hearty invitation to all members of Group Eleven and other bankers to attend our annual Group meeting. REMEMBER TO BE WITH 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 We’ll see you at the Group 11 Meeting in Burlington John E. Mangold Terry M. Martin Senior Vice President Vice President Jerry N. Trudo Assistant Vice President Mark N. Christen Assistant Vice President Dale Froehlich Correspondent Bank Representative People can make or break a correspondent bank’s services. At MNB, you’ll prefer our services because our people make them better. We will make the extra effort to come to you with ideas, thoughts and a special kind of prompt and efficient service you may have never had before. Our services are designed to meet the needs of your bank and to help you serve your customers. Our people make it work. Merchants National Bank isi Cedar Rapids, Iowa 52401 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A BANKS OF IOWA BANK president of the Brenton Bank and Trust Company. CORYDON: Citizens State Bank has announced the appointments of Dennis Thomas to instalment loan officer and Carmen Bennett to office manager at the Allerton Office. DES MOINES: The Central Iowa Group of the National Association of Bank Women will meet Thurs day, Feb. 17, in Queens Hall of Eddie Webster’s Motel in West Des Moines. A panel of experts will pre sent their views on improving bank profits in 1977. JOHN RODGERS WELCi Vice Presiden DEWITT: First Central State Bank has announced the promotion of Alan R. Tubbs from executive vice president to president. John W. Fagerland was named chairman and Edward L. Tubbs, chairman of the executive committee. cashier, was elected assistant vice president in charge of instalment loans. BLOOM FIELD: Davis County Savings Bank has announced the promotions of Martin Games to as sistant cashier and Patti Howk to savings officer. BOONE: Boone State Bank has elected Eloise Kirk a ssista n t cashier and Steve Ketelsen assis tant vice president. BURLINGTON: Benjamin Wil liamson has been promoted to trust officer of Hawkeye Bank and Trust. CEDAR RAPIDS: John K. Vavra was promoted to assistant vice president of First Trust and Sav ings Bank. CENTERVILLE: James A. Brad ley has joined the Iowa Trust and Savings Bank in public relations and community development. CLARION: Harlan Lemke was promoted to vice president and Tom Hildebrand to assistant vice ELMA: John L. Johnson has joined the Peoples Savings Bank as cashier. HAMBURG: Kent Claiborne re cently was named assistant cashier of Iowa State Bank. HILLS: James Gordon has been named trust officer and Dwight Seegmiller assistant cashier of the Hills Bank and Trust Company. HUBBARD: Stephen Doering, as sistant vice president of the Se curity State Bank, is hospitalized in Room 511 at Iowa Methodist Hospital, Des Moines. He was injured in an automobile accident near Des Moines recently. HUMBOLDT: The First National Bank has announced the following promotions: Bill Dodgen, vice president, operations and market ing; Randy Carlson, assistant vice For more information NEW HAMPTON: Marilyn Ran dall recently was promoted to assistant cashier of the Security State Bank. Peter Larkin was named farm representative. NEWTON: The Newton National Bank has announced the following promotions: Keith Welling, to vice president and agricultural repre sentative; Mary Lou Van Zee, to a ssista n t cashier and auditor; Colleen Spain, to assistant cashier and head teller; Helen Kooistra to savings officer; and Gloria Kingery and Suzan Deiters, to officer May 15-21 Rural Appraisal School / Pasco, Washington June 5-11 Farm/Ranch Management School / Bozeman, Montana June 12-17 Farm Management School / Urbana, Illinois June 19-24 Rural Appraisal School / Blacksburg, Virginia June 19-25 SIOUX CITY: Carl L. Frederick sen, 84, former president and chair man of Northwestern National Bank, died February 1 in Sun City, Ariz. He was bank president (then Live Stock National) from 1938-57, when he retired. He served as chairman until 1960. it comes to total service, you’ll get a lot of help for your Buenneke Summer For more information___ ( f r f l American Society of Farm Managers & Rural Appraisers P.O. Box 6857 / Denver, Colorado 80206 / (303) 388-4858 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ® # ^ ^ ® # # ONAWA: Kenneth J. Stangel has been promoted to vice president, cashier and director of the Onawa State Bank. February 18-19 Rural Appraisal School / Columbia, Missouri Farm Management Seminar / Atlanta, GA & Omaha, NE MAPLETON: Leo A. Dean was promoted to cashier and Edward L. Henkenius to agricultural representative at the Mapleton Trust and Savings Bank. m o n e y. ________ Advanced Appraisal Seminar / San Francisco, California president, agricultural department, and Barbara Rossbach, assistant cashier and head teller. MANSON: James D. Galpin re cently was elected assistant cashier of the Manson State Bank. He previously was with the State Savings Bank, Aplington. M Member FOiC A NATIONAL BANK A n A ffilia te o f Northw est- B a n c o r p o ra tio n Banco o f Call your roving correspondent at Bankers Trust tant cashier, and Joe Parrish, assistant vice president, to cashier. Illinois News EAST ST. LOUIS: Union Bank of East St. Louis has received a charter as a result of its conversion from Union National Bank of East St. Louis. N O R TH B R O O K : N o rth b ro o k Trust & Savings has announced the promotions of Jeanne Steinbach from assistant cashier to assistant vice president, operations, and John W. Gillie to loan officer. ROCKFORD: Wendell Craft has been promoted to Motor Bank manager at The First National Bank and Trust Company. Use our to ll-free WATS line: 800-3 6 2-1 6 8 8 Mem ber: F.D.I.C ./Federal Reserve System WHEATON: Butterfield National Bank has changed its name to First National Bank of Wheaton. North Dakota News • • • SPENCER: Farmers Trust and Savings Bank has announced the following promotions: Jack Easter, executive vice president; Mike Baehr, assistant vice president and head of the consumer-instalment loan department; Marian Garvis, consumer loan officer, and Shirley Farnan, Southbank manager. WASHINGTON: Dale E. Miller has joined the Washington State Bank as assistant cashier and Kevin Caldwell as a management trainee. DICKINSON: The Liberty Na tional Bank and Trust Company has announced the following changes: Kenneth P. Mann and Robert D. Tracy, directors and vice presidents; Ronald C. Cascaes, instalment loan manager and as sistant cashier, and Sharon Seifert, assistant instalment loan officer. JAM ESTOW N: F irst N ational Bank has announced the promotion of Dennis J. Renner to assistant vice president and agricultural representative. WEBSTER CITY: Farmers Na tional Bank has announced the fol lowing staff changes: Bill Vance, vice president and cashier, to senior vice president; Gerald Woodin, loan trainee, to loan officer; Gwen Heyer, bookkeeper-teller, to assis- NEW SALEM: Security State Bank has received permission from the Federal Deposit Insurance Corporation to establish a paying and receiving station in Almont. Over 8 0 bonks hove discovered the opportunities w e offer with correspondent services. B W ILLISTON: American S tate Bank recently announced the pro motions of Ronald Lund, data pro cessing manager, to assistant vice president, and David McAdoo, instalment loan manager, to assis tant vice president. Why not join them? Banking Committee W ill 7 Hold HR 1901 Hearings When Congress reconvenes Fe bruary 16 the House Banking Com mittee will take up H.R. 1901 cleared Feb. 8 by the Financial Institutions Supervision subcom m ittee. T h at m easure would: 1. E xtend the In te re st R ate Control Act one year from March 1, instead of 90 days. 2. Would authorize non-interest bearing NOW accounts (NINOWs) for fed erally chartered s&ls in New Jer sey, New York and Pennsylvania. 3. Would give a long list of 18-20 powers to s&ls. This list would include power for 30-year mort gages, as well as most other com mercial banking functions except checking accounts. An additional provision is that if state chartered S91s are given interest-bearing NOW account privileges (checking accounts), then all federally char tered s&ls can convert from NINOWs to NOWs. South Dakota News SIOUX FALLS: Houston Haugo recently was elected president of the Valley National Bank. He has been with the bank since 1966, most recently as vice president. Erling Haugo, a former state super intendent of banks and member of the advisory committee of the Comptroller of the Currency, will remain active as chairman and as a newly elected member of the execu tive council of the Independent Bankers Association of America. He is founder of the Sioux Falls bank. WAGNER: D. R. (Don) Juffer has been promoted to president of the Commercial State Bank. Robert H. Frei, retiring president, will con tinue as chairman. Other promo tions include: George Smith to senior vice president and cashier, and Donald Kotab and Robert L. Frei to vice presidents. Homer is ready to help you .... Call 319582-1841 collect Robert Scott, one of our M en of O p portunity Am erican Trust & Savings Danl^ Town Clock Plaza, Dubuque, Iowa Member: FDIC & Federal Reserve System https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M I ■ F ly JB H B r ... with CCB’s full-service correspondent banking. Let Homer Jensen prove that we do your kind of banking. Des Moines’ second largest independent bank. Main Bank East Fifth and Locust 50309 515/244-5111 8 ^ D L 'V ^ \te 1200 35th Street • West Des Moines, la. 50265 FGL Will Help You . . . Increase the volume of vour loan portfolio 2. Increase profitability and stability 3. Develop credibility and leadership in the ag community Provide marketing expertise to your clients • Marketing Seminars conducted for Clients in your area • 24-hour Toll Free Telephone Service • Weekly Confidential Market Report Joins Wisconsin Bank John R. Hughes has been elected executive vice president of the First National Bank in Columbus. He was formerly vice president in the correspondent bank department of the LaSalle N ational Bank, Chicago. Wyoming News BUFFALO: Donald P. Kraen, president of the Wyoming Bank & Trust Company, has announced the following promotions: Elevera B. Morris from assistant cashier to assistant vice president; Charles West to cashier; Shirley Ains worth, head bookkeeper, and Gayle Warne, teller and secretary, to assistant cashiers. CHEYENNE: Randall L. Dancliff has been promoted to assistant vice president and Douglas W. Martin to loan officer of the First Wyoming Bank, North Cheyenne. WORLAND: Stockgrowers State Bank has announced the promo tions of Linda Muench to assistant vice president; Randy Havens to assistant cashier and Mary Ann Weber to executive secretary. W A N T ADS POSITION WANTED Ag-oriented banker with solid lending experience seeks new opportunity in iowa or Illinois. Graduate of School of Banking and Ag Credit School, Ames, la. Resume on request. W rite Box CXR, c /o NORTH WESTERN BANKER, 306 1 5th St., Des Moines, IA 50309. FORSALE NCR TELLER MACHINES 12 Model 152-38*51 EN Pur. 10/8/71 $250 ea. 2 Model 152-38*51 EN Pur. 1 /2 5 /7 4 $300 ea. 4 Model 152-70*51 EN Pur. 1 0 /2 4 /7 4 $350 ea. Under maintenance contract from date of purchase through 1 / 1 177. The Overland National Bank, Grand Island, NE 68801.308/382-4800, Attn.: Jerry Foulk. LEASE OR SELL 12’ x 40’ steel with brick, transportable financial building. All financial equipment included. SON CORPORATION, Box 684, Wichita, KS 67201— 316/ 942-8167. 0 BANKERS PERSONNEL SEARCH, INC. 321 Stephens Building Des Moines, Iowa 50309 515/282-4446 or 515/961-5419 Harriette Allison, President Employer Paid Fee Confidential Bank Personnel Only BANK FOR SALE • Rural area of Nebraska. Less than $5MM in total assets. Bonafide inquiries only. Write Box DGB, c /o NORTHWESTERN BANKER, 306 15th Street, Des Moines, IA 50309. NCR PROOF FOR SALE 482-16 pocket, good condition, must sell. First $500. Cass County Bank, Plattsmouth, NE. 502/296-3333. BANK EQUIPMENT FOR SALE 2— Burroughs #L5000’s and Automatic Readers #4005. 1— NCR 24 pocket proof machine. 1— Rem ington Rand Chekveyor. Contact: Don Yates, The First National Bank, Syracuse, NE 68446, 402/2692145. FOR SALE NCR model 482-16 pocket proof machine. Purchased new in November, 1972. Used 31/2 years and under continous service contract. Excellent condition. Farmers & Merchants National Bank, West Point, NE 402/372-5331. 9 POSITION WANTED Ag-oriented banker with solid lending experience seeks new opportunity in Iowa or Illinois. Graduate of School of Banking and Ag Credit School, Ames, la. Resume on request. Write Box CXR, c /o NORTHWESTERN BANKER, 306 15th St., Des Moines, IA 50309. Q BANKERS WANTED TRUST OFFICER— To head small dept, in Minn. Law degree not required. Business development essential..................................... $26,000 Q MARKETING— Requires 3-5 yrs. bank exper. in business development & advertising. Must be a self-starter. Mo. & III.................... $25,000 COM’L LOAN— 1-3 years experience in com’l loans exclusively. Prefer Ks. or Neb. n a tiv e ................................................................. $16,000 COM’L LOAN— 5 years large bank experience req u ired. Kansas.............................................$20,000 CORRESPONDENT TRAINEE— Prefer M . B. A. and 2-5 yrs. banking........................................$16,000 REAL ESTATE LOAN— Several positions from the Dakotas to southern Ks.................. $OPEN Please send resume’ and salary history. ^ w TOM HAGAN & ASSOCIATES f Box12346, N .K .C ., M O 64116 (816) 474-6874 “IT TAKES A BANKER TO KNOW ONE” Vol. 5 No. 42 Northwestern Banker Newsletter is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309. Subscriptions 25 cents per copy, $6 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