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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

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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

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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

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appraisal exhibits.
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THE JOURNAL
Published since 1937 for those in the
agribusiness complex who need insights
into modern farm-ranch management,
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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


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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

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) 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

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“DICK” SELLON

3 n c.

545 - 31 st Street • 282-5008
Dee Moines, Iowa 50312

‘DUANE” DEVAULT

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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


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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

®

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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.

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Member: FDIC & Federal Reserve System


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Federal Reserve Bank of St. Louis

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Des Moines’ second largest independent bank. Main Bank East Fifth and Locust 50309

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\te 1200 35th Street • West Des Moines, la. 50265

FGL Will Help You . . .
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3. Develop credibility and leadership in the ag community
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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.

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