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Vol. 11 No. 43 Des Moines, Iowa Nebraska News LB58, the bill that would make multi bank holding companies per m issible in Nebraska and would add three full service facilities to those now authorized, is expected to be up for final reading this week either Tuesday or W ednesday. The bill went o ff select file last W ednesday morning by a vote of 27-17. * * * The National Association o f Bank Women, M id Plains Group, will hold its February m eeting on Tuesday, Feb. 22 at the Regency W est located at 1-680 and Pacific Streets, Omaha. A training module on “ Listening” will be presented at 4:30 p.m. followed by a film entitled “ The Power o f Listening” at 6:30. Cocktails will be served at 7:00, with dinner at 7:30. CRETE: Prom oted at Crete State Bank were: Marvin J. Mullaney, from assistant vice president and com ptroller to vice president and cashier; John R. Boughtin, from assistant vice president and instal ment loan officer to vice president and commercial loan officer; Jerome H. Haase, from assistant vice presi dent and agricultral loan officer to vice president and agricultural loan officer, and Lyle D. Brown, from assistant cashier to assistant vice president and installment loan of ficer. O M AH A: Omaha National Bank be gan offering its Heritage M oney Management Account February 1 after more than a year o f develop ment. It provides banking, invest ment and brokerage services in one account: autom atic investm ent in a money market instrument o f avail able cash in the account each day or in one o f three tax-exem pt money market funds; immediate access by check, telephone or ATM ; brokerage services; safekeeping for securities; credit services at preferred rates; comprehensive monthly statement; personal account executive assigned to each custom er. Two service op tions are: One Star Option—dis count brokerage; Two Star O p tio n personalized trust arrangement of fering com plete investment services including determining investment strategy tailored to custom er needs and executing all purchases and sales o f securities. M onthly main tenance on One Star is $8; fees are charged for Two Star. O M AH A: Dennis R. W ood, presi dent o f Packers National Bank, has announced the prom otion o f Thomas K. Grove and Marvin C. Kelley to senior vice presidents, and James R. Riha to senior vice president and February 14,1983 com ptroller. Mr. Grove joined Pack ers in 1978 as a member o f the bank’s correspondent department. Mr. Kelley, who has over 25 years experience in local banks, joined Packers in 1977. Mr. Riha joined the bank in 1969 as a teller. SU PE R IO R : Security N ational Bank has announced the prom otion o f Scott Hobson, assistant vice president and ag representative, to vice president and agricultural manager. He has been with the bank since August, 1980. Steve Riggert has recently joined the bank as a s sista n t v ice p re sid e n t and manager o f the instalment loan department. Iowa News BLOOM FIELD: Duane R. Pearson has joined the Davis County Sav ings Bank as vice president. He for merly was president o f Union State Bank in W interset. CLINTON: J.L. M enges, president and chief executive officer o f First National Bank, has announced the recent prom otion o f James F. Andresen and Douglas P. Johnson as senior vice presidents, and W illiam E. Zickau as senior vice president and cashier. C O U N C IL B L U F F S : M a rily n Hughes has been prom oted to vice Don't gam ble when choosing a correspondent bonk. Com e to the professionals. For any correspondent bonking need . . . overline assistance, data processing services, investment counseling . . . just give us a call. W e're the professionals who put the response in correspondent banking. V ucb i — OF DES MOINES, N.A. • MEMBER FDIC • TOLL FREE NUMBER (800)362-1615 AFFILIATED W ITH UNITED CENTRAL BANCSHARES, INC. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Cyrus D. Kirk, Vice Presidenr Portable Modular Bank Building Dennis Nahnsen C o m e to us w e’re first in Iowa because w e put Iowa first. An Affiliate of Northwest Bancorporation BANCO Call (515) 245-3131 or toll-free (800) 362-2514 president and cashier o f First Na tional Bank. She started with the bank in 1979 and has served as cash ier since June, 1981. DES M OINES: W oodward G. Brenton has been appointed as vice presi dent at Brenton National Bank. Mr. Brenton is responsible for commer cial lending activities in Des M oines and central Iowa. D ES M OINES: Bruce W . Brown has been prom oted to senior vice president and director o f personnel at Bankers Trust Company. Mr. Brown joined Bankers Trust in 1981 as director o f training and m ost recently has held the position o f vice president and director o f personnel. DES M OINES: Marie Vranich was recently prom oted to vice president and cashier at East Des Moines Na tional Bank, according to John J. McLaughlin, chairman. DES M OINES: George F. Milligan, president and chief operating officer o f the Iowa-Des Moines National Bank, recently announced the fol lowing: W alter W . Pim ot, senior vice president, has assumed addi tional responsibilities involving the areas o f international banking and agricultural and corporate services. Merlin J. Foreman has joined the bank as senior vice president. He will be responsible for metropolitan commercial banking, small business banking and construction and m ort gage banking. Harry C. Benson, Northwest Bancorporation Region IV president, has been elected to the bank’s board. D EW ITT: A1 Tubbs, president o f First Central State Bank, has an nounced the prom otion o f Norlan Hinke to executive vice president. A lso announced was the hiring of D avid Hagen as agricultural loan of ficer; Paul Kuehn as farm consul tant, and the prom otion o f Joan Lass to officer trainee. ASK JE R R Y TR U D O to make MNB work for you. Toll free 1- 800- 332-5991 Merchants A National Bank 151 Member F.D.I.C. A BANKS OF IOWA’ BANK FORT DODGE: United Central Bank & Trust Company has pro m oted Gary D. Peterson to exec utive vice president, and David C. M cDerm ott and Frank J. Kenne to vice presidents. Mr. Peterson joined General Bank Equipment Si Systems, Inc. RR45, Box 115 Hiway 7 3 ,3 1/2 Miles North of lnt.680 Omaha, Nebraska 68152 (402)453-3000 Lease • Rent • Buy UCB in 1972 and has been asso ciated with the commercial loan department. Mr. M cDerm ott was hired in 1979 in the agricultural department. Mr. Kenne has been em ployed by UCB for 12 years, working in the operations, data pro cessing and internal control areas. GU TH RIE CENTER: G.M . Bar nett, Jr., m ajority owner o f the Guthrie County State Bank, has an nounced the sale o f the bank to a group o f local investors known as Guthrie County Bancshares, Inc., ef fective January 31. Roger Under wood, previously vice president, will serve as the bank’s new president. Del Wedemeyer, assistant vice pres ident, will serve as vice president, and Donna Fickes, cashier. Mr. Barnett will remain in the bank and serve as chairman o f the board. K N OXVILLE: Katheryne L. Sims, 55, died o f cancer February 5. Mrs. Sims was executive secretary and trust officer o f the Iowa State Sav- Professional ... Responsive... Call Mark Christen for any correspondent service. Call toll free (800) 622-7262 Valley NationalJ3ank its DES MOINES, IOWA 50304 A BANKS OF IOWA BANK Member FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 M FH u tton O ne Carriers Building Des Moines, Iowa 50309 Telephone: (515) 243-1203 We own and offer subject to prior sale and change in price the following Pledge Orders: AM OUNT M UNICIPALITY $125,000 HARLAN, IOW A MATURITY YIELD TAXABLE EQUIVALENT AT 46% 6-01-1984 6.00% 11.11 6-01-1984 6.00% 11.11 Electric Revenue Pledge Orders Interest: 6-1 and 12-1 $175,000 TIPTO N , IOW A Electric Revenue Pledge Orders Interest: 6-1 and 12-1 IN THE OPINION OF COUNSEL INTEREST ON THESE PLEDGE ORDERS IS EXEMPT FROM ALL PRESENT FEDERAL INCOME TAXATION AND ALL PROPERTY TAXATION IN THE STATE OF IOWA. Pledge Orders are issued in accordance with the provisions of Chapter 384, Code of Iowa, 1981, as amended, to provide funds necessary for the construction of improvements to municipal utilities. In the opinion of counsel, Pledge Orders are subject to the first lien of outstanding debt, if any, and together with such outstanding debt ^ are payable solely and only from the future net revenues of the respective municipal utilites. The information contained herein is not guaranteed, but is derived from sources we deem reliable and is that on which our purchase of these bonds are based. Bonds of particular maturity may or may not still be available or may now be available at a price or yield different from that indicated above. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 Recipe for su c c e ss..X EXECUTIVE BANK RECRUITING We’ll prove that we’re the right search firm for you...Time and time again. • H ü R.E.B. & Associates Executive Search Consultants 13425 A. Street, Omaha, Nebraska 68144 Phone: 402/333-8248 B em ie Miller, C orrespon d en t Banking Officer, has ou er SÖ yearë o^^^ exp erien ce, aniä Help yourself by calling Bernie -MiHer-at--349/582»t84j:----------- ° ; l' , mSÈÈÊÈÈÊÈÊÊÊÈà Am erican -»Trust 0 Savings DanK ings Bank. She had been an em ploy ee o f the bank for 22 years. She was also a member o f the Central Iowa Group o f N ABW . ROCKFORD: Dave McQuown was recently named president o f The First State Bank. He had been serv ing as vice president since m oving from the First State Bank, Greene on November 1, 1982. SHENANDOAH: George H. Perry, previously vice president, will as sume the duties o f president of City National Bank. He succeeds Robert S. Ross, who has served as president and chief executive officer since 1973, and will replace Sam K. Knittie as chairman o f the board. Mr. Knittle has been chairman since 1976 and associated with the bank for the past 59 years. He will con tinue his duties as vice president of the bank. SIO U X CITY: First National Bank in Sioux City has announced the pro m otions o f George D. W eaver to vice president and controller, and Ronald A. Jorgensen to accounting officer. Ralph B. Sandvig has also joined the bank as vice president and trust of ficer. W ATERLOO: Dale T. Zimmerly has been appointed vice president in charge o f the leasing division at the First National Bank o f W aterloo. The leasing division was recently formed to meet the demand for alter native ways o f equipment financing. Mr. Zimmerly m ost recently served as fleet center manager for Inter national Harvester in St. Louis, Mo. Minnesota News A L E X A N D R IA : Four prom otions were told follow ing the annual meet ing o f First American Bank & Trust. Hugh Rogers and W illiam Mateer were named senior vice presidents. Mr. Rogers has been vice president in charge o f commercial loans and Mr. Mateer was vice president - real estate loans. Named vice presidents were Leonard Nack in agri business loans, and Richard Glaesemann in commercial loans, compliance and human resources. DEERW OOD: Lois E. Berg was ad vanced to vice president, and M yron T h e Quality Investment Team covers Nebraska and Iowa better than ever. Meet Jeff Goble and Dave Dickens. Your best authorities for bond portfolio management recommendations. Jeff Gob kl Investment Division UNITED M ISSOURI BANK Memberfdic 0f Kansas C ity, n.a. 10th and Grand Kansas City, M O 64106 816-556-7200 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Midthun, cashier, was named to the board at First National Bank. H ASTIN G S: Michael Schumacher was recently elected vice president o f the commercial banking and agri cultural banking departm ent at Northwestern National Bank. Mr. Schumacher joined the bank in 1980 and was named assistant vice presi dent in 1982. SOUTH ST. PAUL: Northwestern National Bank o f South St. Paul has announced the prom otion o f Muriel R. Rose from assistant vice presi dent to vice president. She joined the bank in 1956 in the commercial loan area. ST. PAU L: Am erican N ational Bank recently announced the pro m otions o f J. Patrick K lett to vice president and trust officer, and Robert E. Jenkins to assistant vice president and trust officer. Mr. Klett joined the bank in 1977 as an assistant trust officer. Mr. Jenkins started in 1978 as a trust administrator. • • # # £ 9 South Dakota News M ADISON : David A. Callies has been elected president and chief operations officer o f Security State Bank and manager o f the Canova branch. He had been serving as ex ecutive vice president o f the bank. A lso elected were: Richard Grasser to chairman. He had been vice presi dent o f the bank. Michael A . Lyons, who had been president, will now serve as vice chairman and chief executive officer. M arjorie Jo Ann Grasser was named senior vice pres ident and Kim Mebius was elected vice president, cashier, secretary and main office manager. M ITCHELL: Ron Jenkins, presi dent o f Commercial Bank, has an nounced the prom otion o f David Brooks and Gary Slade to vice presiBANK PLACEMENT SPECIALISTS (Our 34th year) Call experienced professionals to locate the right candidate for your vacancy ... or the right “ move-up” for yourself. CORPORATE RECRUITERS MIDWEST BANKING DIVISION 202 S. 71st Street 402/393-5515 Omaha, Nebraska 68132 _ ® _ w ^ W £ Supplement to Northwestern Banker Newsletter 2-14-83 * No Trouble for this Banker to Sell Prospective Employees on Small Town First State Bank, in business since 1880, has five officers. Deposits are $12 million, and the bank’s front doors are open for business 49 hours a week—week days 8:00 to 5:00, and Saturday mornings. Nels “sells” prospective em ployees on the bank and Gowrie. Nels Lindquist, right, and Gus Barker display art that is part of a bank sponsored effort to help the comm unity raise money to convert the local depot to a museum. ^ 0 0 When a traveler finds Gowrie on the Iowa road map and notes its population of only 1,200, the image comes to mind of the typical midwestern farming community set in its ways, no longer youthful and growing. But visit a few minutes with Ex ecutive Vice President Nels Lind quist at First State Bank of Gowrie and the image quickly changes. Nels himself is young, and has employed youth, with experience, to help operate the bank. In gen eral, Gowrie is alive and well! ployed Doug Follman, age 22, through AGRIcareers. He’ll be farm rep. Lindquist feels justified pride in telling about the businesses on Main Street that are operated by young people. Often like himself, they’re descendants of original founders or employees. The community has active Jaycees and service clubs; quality schools; a lighted ballpark; vol unteer fire and ambulance units; a famous July 4 celebration; and is well on the way toward raising $150,000 to build a roller rink that will provide recreation. “AGRIcareers is a valuable source of qualified prospects.” — Nels Lindquist Executive Vice President First State Bank of Gowrie Gowrie, Iowa At the same time, he’s very selec tive, resulting in the need for a number of qualified applicants to choose from. AGRIcareers helps meet that need, explains Nels. Gus Barker had been a savings and loan officer manager. “We’re very happy with the way he’s turned out,” comments Nels. “We inter viewed about a dozen people, not all of them from AGRIcareers. “We need people who can say no when necessary, yet keep the customer. “AGRIcareers is a valuable source of qualified pro spects. The several resumes they sent looked good.” AGRIcareers assisted First State Bank of Gowrie hire twice in year-and-a-half. Bank Vice President Verlin “Gus” Barker, age 26, came to work in October, 1981, after being recommended by AGRIcareers. Also, Nels and his father and bank president, M.W. Lindquist of Des Moines, Iowa, just recently em- AGBAI1KINGSPECIALISTS^ SINCE 1968 (515)3 94 -3 1 4 5 NEW HAMPTON, IA 50659 (7 1 2 )7 79 -3 7 4 4 MASSENA, IA 50853 I NATIONWIDE ann careers, in c . ^ ^ ^ ^ ■ ^ ^ ^ H j^ O R IG IN A L ^ A G R IC U ^ U R A I^ R E C ftU n ^ E R ^ ^ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Linda Heit, AGRIcareers’ Bank of Gowrie locate RIGHT— Bank personnel Follman in January, 1983 personnel specialist who works with banks, helped First State Vice President Verlin “ Gus” Barker in October of 1981. specialist, Jeannie Eden, found Farm Representative Doug for the Gowrie, Iowa bank. BANKERS AVAILABLE BANKERS NEEDED Employer Paid Fees Ag Banking Personnel Specialists Hire Faster...Easier...Better This is a partial listing of our top candi dates based on experience, performance re cords, references, appearance, personality and attitude. Most are currently employed and interested in advancement oppor tunities. These candidates have q u a lifi cations conducive to progressive banking: DEVELOPING BUSINESS AND QUALITY LOAN MAKING. NL-1 AG LENDING—Two years experience managing a branch office which includes all areas of lending, with em phasis in ag, development of new accounts and assisting with computerized record keeping. Also, two years as loan officer working in all aspects of banking, collections and operations. Fully licensed. Real Estate license. A.A. Ag Banking. Married. Age: 24. Farm raised from MN. $17,000. Cali Unda at 515/394-5827. NL-2 AG BANKER—Reference says, “ He’s greatly needed in the banking industry during these rough economic times.” Nine years with PCA, seven years in ag banking (lending, operations & management) and five years as a dist. credit manager for an ag company. Attended numer ous seminars. Married. Age: 44. Lives MN. $35,000-$40,000. Cali Linda at 515/394-5827. NL-3INSURANCE/AG BANKING—Sharp, young man who offers almost two years experience making credit and lending decisions for a branch office of $4.1 million. Supervises staff of five, collections and solicits new business. Farm raised from northern Iowa. Holds four in surance licenses. B.B.A. Marketing. Married. Age: 24. $16,000-$17,000. Call Linda at 515/394-5827. NL-4 EXECUTIVE BANKING—Nineteen years of banking experience which includes nine years in bank manage ment for two small rural banks and most recently V.P.in charge of all lending for a $24 million bank. Graduate of banking school. Prefers MN. Married. Age: 52. $27,000. Call Linda at 515/394-5827. “ I’d go through AGRIcareers again. Their fee is well worth it.” — David Rouse, President Brenton State Bank Eagle Grove, Iowa NL-5 AG FINANCE TRAINEE—Bubbling personality, very intelligent and has a lot on the ball describes this young gal. Presently livestock production consultant for a feed company where she has day-to-day contact with the farm ers. Can talk the farmers’ language. A.A. Ag. Single. Lives IA. Willing to take a cut in salary for career goal. $14,000. Call Linda at 515/394-5827. NJ-6 BANK MANAGEMENT OR NO. 2 POSITION/E. NEB.— or W. IA. or So. S.D. ...Twenty-two years bank experience, eleven in management. Past record of steady growth and good loans. Strengths are problem solving, staff training, ag and commercial lending. Several degrees in banking. Married. Lives NE. Age: 44. $30,000 + . Call Jeannie at 515/263-9598 (If no answer 712/779-3567). NJ-7 OPERATIONS/TRUST OFFICER—no ag background, but eight years experience in banking industry, including over three years as analyst/trust examiner with federal reserve bank. Strong in management consulting, opera tions and compliance and computers. Double major in Ac counting and Economics/Finance. Married. Age: 28. Lives NE. $27,000 minimum. Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NJ-8 AG BANKING—Four years well-rounded banking ex perience, including ag lending, cashier and operations, hail and credit life insurance. Solid farm and livestock background. B.A. Business Adm./Agriculture, plus bank ing school. Married. Age: 28. Lives NE. $25,000. Call Jean nie at 515/263-9598 (if no answer 712/779-3567). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NJ-9 BANKING—Fourteen years with a large bank holding company as operations officer, department supervisor, auditor and currently one of two credit examiners over 35 branch officers. Examines and determines credit quality and documentary compliance of ag loans. Originally from Midwest and wants to move back. Married. Age: 43. $28,000 minimum. Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NJ-10 ENTRY LEVEL AG LOAN OFFICER—Six months as manager trainee with a finance company. Has experience in credit investigating, collections and loan closing. In pro cess of obtaining insurance licenses. Trained at bank through college work study program. A.A. Agri banking. Engaged. Age: 22. Lives IA. $12,000. Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NL-11 AG BANKING—Eleven years with PCA as branch manager responsible for $11 milion in loans. Stable in dividual, record of credit quality and presents himself well. B.S. Ag. Married. Age: 38. Lives IA. $25,000. Call Linda at 515/394-5827. NL-12 SR. VP/OPERATIONS—Eight and one-half years with a large bank holding company as V.P. Involved with strategic financial planning, funds management, budget ing and data processing. Position eliminated. Graduate of well known banking school. Married. Age: 33. Lives MN. $30,000-$35,000. Call Linda at 515/394-5827. NJ-13 VP & AG LOAN REP—for past 8 yrs. at a $50 million bank. Very involved in PR...speaks at ag functions in many states. Add this to previous sales experience equals NEW BUSINESS. B.S. Ag Economics. Married. Age: Mid-30’s. IA. $27,000 + . Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NL-14 INSURANCE SALES AND AG DEGREE—Licensed in insurance lines, Ag business degree, sales experience, dresses well (three-piece suit), farm background. Sharp, personable and willing to start at $14,000. Married. Age: 22. MN. Call Linda at 515/394-5827. NL-15 BANK A COMPUTER—School internship at a pro gressive bank along with Business Administration degree and a sales personality. Wrote programs for the Apple II computer. Saif employed hog farmer. Sharp and per sonable. Engaged. Age: 24. IA. $17,000. Call Linda at 515/394-5827. NL-16 $55 MILLION LOANS—Three-and-one-half years as branch manager for FLB responsible for loan volume of $55 million. Dairy farm background. Seeks performance oriented employer in banking. Married. Age: 26. MN. $25,000 + . Call Linda at 515/394-5827. NJ-17 AG LOAN/CORRESPONDENT OFFICER—2 yrs. as branch manager of FLB in urbanized area. At ease handl ing loans with farmers or corporate executives. Makes new business calls on his own initiative. B.S. Ag. Bus. Single. Age: 25. IL. Salary $23,000 + . Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NL-18 AG REP TRAINEE—Rates excellent in appearance and sales personality...offers 4 yr. degree with 1 year ex perience with $18 million bank as customer service representative, including running bank call program, work ing out financial statements and on cash flows for farmers. Has used Apple computer for financial statement preparation. Married. Age: 24. Lives MN. $13,000415,000. Call Linda at 515/394-5827. Confidential IOWA NW-1 V.P.—Supervise small ag portfolio and sell bank ser vices. Northwest Iowa. Three to six years PCA experience. $18,000-$25,000. NW-2 AG LOAN OFFICER—Assist sr. loan officer with ag loans of $9 million. Central Iowa. Banking and credit ex perience. $20,000-$25,000. NW-3 V.P.—All around banking position for a $50 million bank. Minimum ten years experience needed. Northern Iowa. $25,000-$30,000. NW-4 EVP—All phases of banking for a $15 million bank. Operations and lending experience needed. Northern Iowa. $20,000-$30,000. NW-5 V.P./CASHIER—In charge of all operations for a $12 million bank. Banking experience a must. Northwest Iowa. $18,000-$25,000. NW-6 AG LOANS—Ag and commercial loans for a $13 mil lion bank. 2-3 years banking or credit experience. North east Iowa. $15,000-$16,000. NW-7 BANK OFFICER—3rd person doing operations, in surance and ag lending. Northwest Iowa. 3-5 years farm loan and operations experience. $20,000. NW-8 AG LOAN OFFICER—Large eastern Iowa bank. Su pervise one loan assistant. 3-5 years ag lending. $20,000-$24,000. NW-9 AG LOAN REP—Central Iowa bank seeks person to do ag lending and develop new business. Banking exper ience. $20,000-$25,000. NW-10 AG LOANS—Ag loan officer and assistant V.P. for southern Iowa bank. 2-4 years ag lending. Degree. $18,000422,000. NW-11 AG REP—Large eastern Iowa bank. Two years ag banking experience. Degree. $20,000425,000. NW-12 V.P—Responsible for ag loan portfolio of $17 million. Strong credit analysis. 3-5 years ag credit ex perience. Eastern Iowa. $20,000424,000. Call Linda or Jeannie for infor mation on openings or candi dates not listed because extra confidentiality has been re quested. NEBRASKA NW-13 BANK MANAGER—Western Nebraska bank. $32,500 to $36,000 plus incentive. Banking experience a must. NW-14 V.P.—Coordinate entire loan dept, which includes commercial and ag loans. Banking experience a must. Heavy commercial lending. Nebraska. $24,000428,000. MINNESOTA NW-15 AG LOAN OFFICER—Responsible for ag loans of $6 million. Insurance experience helpful. 3-4 years of ag lending. Central Minnesota. $22,000 + SOUTH DAKOTA NJ-19 AG CREDIT—Six yrs. with FLB as A.V.P. & branch manager with $50 million loan portfolio. Reference says, “ Top reputation as ag lender and citizen.” B.S. Ag Bus. Single. Age: 27. IL $23,000 + . Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NW-16 SR. V.P.—In charge of $6 million ag loan portfolio. 4-6 years in bank or ag credit experience. South Dakota. $25,000430,000. NJ-20 AG LOAN OFFICER—Three years as A.V.P. & Loan Officer with PCA. A careful lender who seeks out new, QUALITY loan prospects. Holds insurance licenses. Mar ried. B.S. Ag Econ./Farm Management. IL. $25,000. Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NW-17 CORRESPONDENT BANKER—Develop new busi ness and assist correspondent banks in ag area. Heavy weight. Sales type. Dairy knowledge. 5-6 years ag banking or PCA. NJ-21 AG FINANCE—After 4 yrs. as FHA county super visor, he’s interested in a more progressive, non-govern ment position. Dist. Director gives this reference: “ Best of ten in our district...delinquency record tops.” Works with local banks & PCA’s in educating farmers in financial planning & management. B.S. degree. Married. Age: 30. OH. $25,000 + . Call Jeannie at 515/263-9598 (if no answer 712/779-3567). NJ-22 AG LOAN OFFICER—15 years as FLB Pres., 5 as ag loan officer & farm real estate sales for major farm mort gage company. Holds licenses in real estate, executive banking, life, accident & health insurance. Strong in anal ysis, cash flows & complicated loans. B.S. Ag Ed. Age: 49. NE. (Relocation: E., NE. of W. IA.) $15,000. Call Jeannie at 515/263-9598 (if no answer 712/779-3567). WISCONSIN AGBAflKING SPECIALISTS SINCE 1968 (5 1 5 )3 9 4 -3 1 4 5 NEW HAMPTON, IA 50659 (7 1 2 )7 7 9 -3 7 4 4 MASSENA, IA 50853 ■ NATIONWIDE äqn CAREERS, INC. ” THE ORIGINAL AGRICULTURAL RECRUITER dent. Mr. Brooks joined the bank in 1980. Mr. Slade began his career at Commercial in 1974. SIO U X FALLS: The seven First 6W «S Bank System affiliates in South Dakota have filed with the U.S. Comptroller o f Currency a plan to form a new bank, according to an an nouncement by Nels E. Tum quist, chairman o f First Bank o f South is t CO UNT « Dakota. Upon approval, the First l0\NK 9M** Banks in Aberdeen, Clark, G ettys F \r s i burg, H ighm ore, Lem m on and ...mhel< f°'c (Aei"'ie Miller wil becom e known as com m unity banking centers and their will take charge o f the agricultural North Dakota News names will be changed to First Bank department. o f South Dakota. The new bank will FARGO: Geraldine A . Lovelace has have 25 locations and three divi been named senior vice president by W isconsin News sions — Eastern, Northern and the Dakota Bank and Trust Com The W isconsin Bankers A ssocia W estern — with the main office pany. She joined the bank in 1977 as tion will be holding its Group 1 internal auditor. located in Sioux Falls. David S. M eeting February 18-19 at the Birkeland, president and chief ex H yatt Regency in Minneapolis. ecutive officer o f First Bank o f JAM ESTOW N : Shirley J. Herring Topic for the two-day m eeting will South Dakota, will continue in that was recently prom oted to vice presi be “ Banking in the 1980s.” Regis dent and insurance manager at First capacity for the new bank and as tration will begin at 8:00 p.m. on Fri managing director for the state. The National Bank o f Jamestown. M ich day the 18th with a social getdivision heads will be Jack M. ael B. Unhjem and Daniel R. Voll- together and entertainment from Thompson, deputy chief executive mer were named assistant vice pres 9:00-12:00. Saturday’s m orning ses officer o f First Bank o f South idents. sion will begin at 9:30 a.m. with D akota and president-N orthern speakers from First National, St. Division; Verlynne L. Albers, ex Paul; First W isconsin National, Wyoming News ecutive vice president-Eastem D ivi Milwaukee, and Bremer Service sion, and Reynold E. Klay, pres- EVANSTON: Lee S. Barker was Company speaking on “ Com peting ident-W estern Division. Nels E. Tur- named executive vice president and in a Deregulated Environm ent.” nquist will continue as chairman o f Karen Byrd was named assistant Hum orist and m otivator Jack the new bank. vice president o f First W yom ing Laimer will speak at the luncheon, Bank—Evanston. Both have been followed by an open afternoon and W ATERTOW N: The prom otion o f with the bank five years. evening reception, banquet and three officers was announced by dance. First National Bank. Jerry A . Miller Montana News was prom oted to senior vice presi SERVING PROFESSIONALLY dent o f loan administration; Mel CUT BAN K : Clarence S. “ Snuff” Breitag was prom oted to senior vice Frisbee and Alan Berkram were pro Banking, Financial & Business Personnel Iowa and Nationwide president and cashier, and Rachel m oted to vice president status at CAPITAL PERSONNEL SERVICE Stearns was prom oted to officer First National Bank. Mr. Frisbee 714 U.C.B. Building, 515-283-2545 status as adm inistrative services of will be in charge o f the bank’s real Des Moines, Iowa 50309 ficer. estate department. Mr. Berkram yOR S S « ^ p p j | E lW S S ra i”- SPRENGER AND JENNINGS G e ttin g it d o n e fo r y o u . ^ Ernie Yake Bill Sprenger Tom Jennings 234-2483 234-2625 234-2484 Commerce BankofKansascity https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MEMBER FDIC Tp|pnhnr>o Telephonetit-tAt (816)9Xd-onnn 234-2000 What does your employees’ appear ance tell your customers about your bank? “We want to please you” or “We don’t really care?” Call us for the look of “Service” and “ Success.” MeAjyioekk-^ CAREER APPAREL 523 N. Main St., Carroll, Ia„ 51401 712-792-2748 | FOR SALE OR ASSUME LEASE NCR 9020 Banker 80 Software 4 - 7900 CRT’s 1 - 6420 Band Printer Contact: Treasure State Bank Box 511 Glasgow, MT 50320 Phone 406/228-4364 m CEO with experience running banks from $20 to $60 million ........... ....................................................... $45,000 i «TV Employee Benefit Plans A. Æ for You and ^ir Your PHIL JOHNSON Customers Serving Banks in Iowa and Minnesota SERVICE COMPANY P.O. Box 171 • Albert Lea, MN 56007 507/373-8216 (FSorL) INVESTMENT MANAGER The Federal Home Loan Bank of Des Moines is seeking an individual to manage its member in vestment service that is marketed to savings and loan associations in a five state area. Respon sibilities include buying and selling various types of money market and fixed income securities, in cluding mortgage-backed securities. Also include overseeing a multi-billion dollar safekeeping operation. Candidates should have a business degree and a thorough knowledge of the fixed income secur ities market. We offer a competitive starting salary and an ex cellent benefits package. Send resume to the at tention of: Dolores Monroe, Director of Personnel, 907 Walnut, Des Moines, Iowa 50309. All replies confidential. (PA) FOR SALE 3 window solid walnut teller counter, with marble deal plates, completely wired, 6' side counter, and connecting gateway. Excellent condition. Available 2-15-83. Contact Alan B. Fender, Valley National Bank, Hamburg, la. 51640. Phone (712) 382-1212. (FS) ATTENTION: BURROUGHS USERS—S3610 12-pocket proof sorter with 2 mini disk drives. Also tape drive, 4 CRT’s, aux iliary printer, and other components for B800 system. All equipment is 2 years old, under maintenance agreement, and in excellent condition. Phone Larry at 515/332-1142. (FS) POSITIONS AVAILABLE President for $80 million midwest bank. Must have-ex perience in comparable sized bank............... Salary Open. Audltor/Loan Review person for $150 million midwest ba nk........................................................Salary to $28,000 Ag Representative for central Iowa bank. Requires two or more years experience.......................... Salary to $28,000 Commercial Lender for southeast Iowa bank. Requires three years experience.......................... Salary to $38,000 Operations/Cashler position in northwest Iowa community ba nk........................................................Salary to $28,000 Ag Lendlng/lnsurance position in northwest Iowa bank near Lakes area.............................................. Salary open Ag Representative for northwest Iowa. Requires a min imum of one year’s experience...................Salary $22,000 Ag Representative for bank in major Iowa college town . . . .........................................................................Salary open Commercial Lender for eastern Nebraska bank................ ................................................................... Salary mid 30’s Ag Lender position for bank near Des Moines. Some knowledge of operations a p lu s .................Salary $25,000 We have many other positions open at present, so if you want to move up and further your career at this time, write or call Malcolm Freeland, Freeland Financial Service, Inc., 1032 Carriers Bldg., Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays fee. BANKERS AVAILABLE CEO running $30 million high performance bank s&. new opportunity....................................................$50,000' POSITION AVAILABLE INSTALLMENT LOAN OFFICER—Experience necessary, preferably bank. Desirable central Iowa location. Write file SBP, c/o Northwestern Banker. (PA) SENIOR OPERATIONS OFFICER & CASHIER needed for $75 million bank in South Dakota. Position reports to President. Write file SBN, c/o Northwestern Banker. (PA) COMMERCIAL LENDER for $75 million independent bank in South Dakota college community. Will be member of senior management team. Write file SBO, c/o Northwest ern Banker. (PA) OPERATIONS OFFICER—Immediate opening as a cashier of $14 million southern Minnesota bank. 3-5 years bank operations experience necessary. Good background in ac counting, micro-computers, and farming are important. Reply to file SBR, c/o Northwestern Banker. (PA) LOAN OFFICER for $18 million bank in north-central Il linois. Manage loan portfolio. 3-5 years experience need ed. Send resume to file SBJ, c/o Northwestern Banker. (PA) PRESIDENTIAL POSITION in $13 million central South Dakota bank. Salary open. Send resume by February 21st to file SBT, c/o Northwestern Banker. (PA) BUSINESS DEVELOPMENT OFFICER—This new position will require an individual who will spend 70 percent time outside the bank. We are a $30 million bank in a rapidly growing area of Kansas City. Attractive salary. Send resume to file SBW, c/o Northwestern Banker. (PA) Senor Ag Lender making ag loans in excess of one million, on over 15 years of experience in a major community bank ......................................................................... Salary Neg. Commercial Lender with 10 years experience, specializing in accounts receivable, inventories and commercial real e s ta te ....................................................................... SalaryNeg. Commercial Lender serving in senior capacity desires Il linois or eastern Iowa location...............................$38,000 Number Two Man with excellent track record in $45 million b a n k ........................................................................$40,000 Operations/Marketlng specialist in $125 million b a n k ___ ................................................................................$38,000 Cashier in $30 million bank with excellent record .$28,000 Cashier in $35 million bank in Iowa. A top candidate for a northern Iowa b a n k ............................................... $35,000 Senior National Bank Examiner with 8 years experience .. ................................................................................ $30,000 Loan Review man with legal degree....................... $30,000 Ag Lender with Iowa State degree and three years with PCA ........................................................................$26,000 Installment Lender who heads dept, in $50 million bank .. ......................................................................... Salary Neg. Operatlons/Auditor for major holding company seeks new opportunity............................................................ $25,000 Write or call Malcolm Freeland, Freeland Financial Ser vice, Inc., 1032 Carriers Bldg., Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays reasonable fee. FOR LEASE PORTABLE DRIVE-UP UNIT—8’ x 12', complete. Good airconditioning and heat. Available now. Contact Drommer Leasing, 401 Queens Court, Sioux City, Iowa 51104. Phone 712/239-2315. (FL) Bankers Available Bankers Needed SEE INSERT TODAY OFFICER to develop and direct personal banking depart ment. Qualified applicant will possess administrative ability, a broad knowledge of personal investment alter natives, consumer lending and community relations. Sal ary commensurate with experience. Write file SBV, c/o Northwestern Banker. (PA) COMMERCIAL LOAN OFFICER—IMMEDIATE opening in $30 million St. Paul suburban bank for experienced, ag gressive lender and collector. Salary commensurate with qualifications. Send resume and salary requirements to Jack Hillstrom, President, Maplewood State Bank, P.O. Box 2028, Maplewood, MN 55109. (PA) POSITION WANTED SENIOR OPERATIONS OFFICER OR CASHIER; 13 years management experience in all phases of bank operations. Team player with positive attitude. Willing to relocate. Contact: John Cromwell, 1315 Floweree St., Helena, Mont. (PW) 59601. Phone 406/443-5722.____________ AGRICULTURAL LOAN OFFICER in a commercial bank. Prefer location in Nebraska or Iowa. Agricultural college degree with a business option. Seventeen years exper ience with FmHA real estate and farm operating loans. Will send resume upon request. Write file SBU, c/o North western Banker. (PW) (5 1 5 )3 9 4 -3 1 4 5 NEW HAMPTON, IA 50659 (7 1 2 )7 7 9 -3 7 4 4 MASSENA, IA 50853 • NATIONWIDE aqn careers, in c . “ * THE ORIGINAL AGRICULTURAL RECRUITER POSITIONS AVAILABLE PRESIDENT—small community bank located in north cen tral state. Prefer experience as CEO and excellent com munication skills. $40,000 AGRI-LOAN—manage Ag Dept, of $50MM bank. Public relations and marketing skills required. $30,000 CEO—bank of $50MM located in medium size community. Administrative background and commercial lending ex perience a must. $45,000 OPERATIONS—management position with $30MM rural bank. Prefer Accounting Degree and knowledge of mini computer systems. $28,000 CASHIER—rural Iowa bank. Primarily operational duties with some Ag lending responsibilities. $25,000 PRESIDENT—country bank located within 30 miles of larger city. Agri loan and operations experience desired. $35,000 COLORADO MIDWINTER MANAGEMENT CONFERENCE If you’re interested in arriving early or staying late, call me Toll Free: DWAYNE SMITH Phone 1-800/922-2590 Paradise Properties, Box S Dllllon, CO 80435 REDUCED RATES COMMERCIAL LOAN—$80MM community bank with op portunity for advancement. Requires 3-5 yrs. experience. $30,000 Resume and salary requirements requested. TOM HAGAN & ASSOCIATES of Kansas City 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 11 No. 43 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $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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