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Vol. 14 No. 44 Des Moines, Iowa Iowa News A L B IA : The FDIC began payout on February 12 to depositors o f the Peoples National Bank o f Albia, which was declared insolvent by the Comptroller o f the Currency recent ly. Since no bids were received to re open the bank with a new charter, FDIC is liquidating the nearly $50 million institution by paying o ff the $46 million in deposits. Approxi mately $450,000 was above the $100,000 insured lim it per account and those depositors have been told by FDIC they will be paid their first $100,000 plus 55% o f their overage. More will be paid later if recovery from remaining assets permits. February 17,1986 H ARLAN : H. Rand Petersen, presi dent, Shelby County State Bank, and Gerald F. Lapke, president, State Bank o f Portsm outh, have an nounced a proposal to merge the two banks under the name o f The Shelby County State Bank. The proposal is being subm itted to regulatory authorities for approval. The propo sal calls for maintaining the present Portsm outh bank as an office, as well as retaining its office at Pana ma and Shelby County State’s office at Elk Horn. PERRY: Am ong recent prom otions at Perry State Bank was the ad vancement o f Richard Hanson from vice president and assistant trust of ficer to vice president and trust offi ALBION : Prom otions at Albion Na cer. tional Bank recently include: Doug SOM ERS: C.J. McConnell, who las Haave to executive vice presi joined Somers Savings Bank as dent; W ayne Boilesen to vice presi chairman in April, 1985, has also dent; Karen Breon and D oug Young been elected president to succeed to assistant vice presidents; Jayne Charles Petersen, who has retired. Schack to loan assistant, and Jill Thomas L. Little, vice president and Olsen elected as an assistant opera cashier, has been advanced to execu tions officer. tive vice president, cashier and DES M OINES: Randy Steig will re CEO. Kevin M. Black has been ap sign his position as executive direc pointed assistant cashier and ag tor o f the Iowa Bankers Association loan officer. effective March 1 to join First Inter state Bank Des Moines, N .A., as manager o f the Iowa division for cor respondent and outstate corporate business. He will supervise the mar keting and delivery o f products and services to more than 200 Iowa cor respondent banks. STORM LAK E: The Northwest Iowa Chapter o f N ABW is sponsor ing a workshop February 26 at Buena Vista College here, starting at 3:30 p.m., on the subject, “ Look ing at Leadership—M aking Things Happen: Leadership in A ction .” It is part o f a leadership series pre pared join tly by the J.C. Penney Company and N A B W ’s National Education Foundation. The meeting will be held in the Harold Siebens Business Building. A fee o f $25.00 includes materials and dinner. Con tact: Sharon K. Johnson, Holstein State Bank, 712 368-4316. Nebraska News The Nebraska legislature has ad vanced two bills o f banking interest and killed six others in com m ittee on February 11. LB 767, which would authorize placement o f a branch of fice in a town where a financial in stitution failed and has not been re placed by another, went to the floor. It was amended to allow banks in the county or contiguous counties first right o f refusal for such a branch within 30 days after such failure. A lso advanced to general file was LB 1123, which authorizes a bank to own shares o f another bank up to 10% o f its capital and surplus (known as Bankers’ Bank bill). Killed in com m ittee were LB 859, which would have com bined bank ing and insurance regulation in one department; LB 1015, which would have required written notice o f right o f set off; LB 1032, which would have given credit unions public funds; LB 1202, which would have given s&ls public funds; LB 1235, which would have required written consent as a condition for valid liens, and LB 1243, which would have changed provisions for bank SPRENGER, ROWLAND AND Getting MESSINA it done for you. ^ Bill Sprenger Frampton Rowland John Messina 234-2625 234-2485 234-2486 Commerce Bank o f Kansas C ityNA https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MEMBER FDIC Tplpnhnnp fHifjV 'na.onnn Telephone (816) 234-2000 w 2 I Serving bankers quietly and efficiently. Norwest Bank Des Moines, N.A. NORWEST BAN KS Call (515) 245-3131 or toll-free (800) 362-2514 Member FDIC 714 F irst In te rsta te Bank B uild ing Des M oines, Iowa 50309 515-283-2545 Teamwork: one of the reasons we’re first in Iowa. Tom Q uinlin Jay N ichols liability for yearly payment o f post The N BA is sponsoring a Comp dated checks. troller o f the Currency Seminar on March 11 at the Kearney Rama da * * * Inn. Am ong the speakers will be De The Nebraska Bankers A ssocia puty Comptroller Dean S. M arriott. tion is sponsoring its 1986 Bank Registration/continental breakfast D irectors Seminar at four locations is at 9:00 a.m. with the morning ses in March. Registration/continental sion beginning at 9:30 a.m., lunch at breakfast is at 9:30 a.m. with the noon, and afternoon program s be m orning program from 10:00 a.m. to ginning at 1:00. Fee is $45 for the noon, lunch, and afternoon program first registrant and $35 for each ad from 1:00 to 3:00 p.m. Advance re ditional. gistration, which includes breakfast, lunch, and materials, is $75, with O M AH A: A t Norwest Bank Neb $15 additional at the door. Dates raska, recent prom otions included and locations are March 3, Scotts- David C. Koenigsman, prom oted bluff Inn; March 4, N orth Platte from vice president/special loan ad H oliday Inn; March 5, Lincoln Com - m inistration to senior vice presihusker, and March 6, N orfolk Coun dent/manager o f the business bank try Inn. Contact the N BA to regis ing department and Michael E. Han son, prom oted from assistant vice ter. president to vice president/manager—operations. S IL V E R CREEK : A t Farm ers State Bank, G .A. Ferris has been prom oted from executive vice presi dent to president. L. Clark Caley will remain as board chairman. ASK GARY BARTLETT CAPITAL PERSONNEL SERVICE TECUM SEH: The Johnson County Bank, founded in 1902, was closed February 7 by James C. Barbee, Nebraska director o f banking, and was re-opened M onday, February 10, as a branch office o f State Bank o f Elk Creek. Both towns are located in Johnson County. State Bank of Elk Creek is owned by the K otouc fam ily o f Hum boldt, which also owns Home State Bank & Trust Company in Hum boldt and The Dawson Bank in Dawson. John F. K otouc, president o f the three banks, also is president and CEO o f American National Bank o f Omaha. State Bank paid FDIC $476,500 for the Johnson County Bank, which had assets o f $19 million, deposits of $18 million, loans o f about $10.5 million, and about 4,900 deposit ac counts. FDIC said State Bank is buying certain o f the failed bank’s loans and other assets for $14 mil lion and FDIC is making a cash ad vance to State Bank o f $3.9 million. FDIC retains assets with a book value o f $5.7 million. V A LPA R A ISO : A t Oak Creek Val ley Bank, Robert J. Schmucker was advanced from cashier to vice presi dent and cashier. Minnesota News The Minnesota Bankers A ssocia tion will sponsor an Agricultural Bankers W orkshop on the 1985 Farm Bill on Feb. 20 at the Radisson South H otel in Bloom ington. The workshop will begin at 10:00 a.m. and feature videotape o f national ex perts with moderation by local speakers. Contact the M B A for more information. * * * The M B A will conduct a sales management seminar on M arch 4 at the Radisson South H otel in Bloom ington. The program will address sales and the effect on bank profits, selection o f sales people, measure ment o f sales performance, goal set ting, coaching skills, and mainte nance o f a sales environm ent. Robert W . Klockars, senior vice president o f Financial Shares Corp., will conduct the seminar. Contact the M BA for more information. to make MNB work for you. We’re Security for You Toll free 1- 800- 332-5991 A t Security National Bank, w e’re people you can count on to handle all o f your Correspondent Banking needs. So, start corresponding with us. W e’re Security for you! M erchants A National B an k 151 Member F.D.I.C. A BANKS OF IOWA BANK https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SECURITY N A n O N A L BANK IN SIOUX CITY, IOWA. MEMBER F.D.I.C. Ron Kiel Correspondent Banking O fficer 712-277-6736 AG BANKERS AVAILABLE NJ-1 AB LOAN OmCER/OmCE MANAGER-Began banking career 10 yrs. ago and worked his way up from bookkeeping and teller functions into operations and lending. Majority of loan duties are in ag, but also handles consumer, student and real estate loans. Supervises one employee. Good with computer...farm records and cash flows. Reference states, “ very well versed in lending and operations...shows good credit judgm ent and ability to make decisions...farm raised, personable, good appearance.” $25,000. Call Jean. NJ-2 AG LENDER—Currently employed in $26mm bank, handling ag loans (and FmHA guarantees) and a share of commercial and consumer loans. Formerly with PCA, where his responsibilities in cluded ag loans, collections, refinancing, and office manage ment. References say, “ His strengths are in credit analysis and judgm ent...his skills are valuable in today’s ag lending climate... diplom atic in stressful situations and good on collections...very out-going personality...he and wife are readily accepted socially.” Degreed. $28,000. Call Jean. NJ-10 VP/AG DEPT—Seven yrs. in $100mm bank, responsible for $10mm ag loans. Also 2 yrs. previous experience with Farm Credit System. Professional and well qualified to become head of ag dept, or #2 in smaller bank. B.S. Ag Bus. $35,000. Call Jean. NS-3 LOAN OFFICER—Established 9 years of lending experience... dents, currently running $25mm-$100mm midwestern banks, from independent and major holding companies. (Several hold offices in state banking associations.) All are progressive, suc cessful PROFESSIONALS, and are interested in advancing their banking careers. Salaries range from $40-$80K. ag, consumer and commercial loan servicing. Licensed in insur ance and two years experience on micro computer. Sets up bank’s farm customers on monthly cash flow programs, financial statements and ratios performing projections for different workout plans on computer. Reference says “ Very intelligent, respon sible...makes good loans and checks them out thoroughly. A tough collector.” ISU B.S. Computer School $25,000-$28,000. Call Sandi. NS-4 LOAN OFFICER—Accomplished in credit administration, work outs, analysis of financial data, cash flows...also expertise in mort gage, consumer, installment, ag and commercial loans. Three years bank and farm credit system experience. “ A good perfor mer, very ambitious, expressive individual with a good attitude... building a rapport with borrows and clients,” says a reference. B.A. Ag Bus. $27,000-$30,000. Call Sandi. NS-5 VICE PRESIDENT—Presently supervising $10mm loan port folio...all types in $17mm bank. Reference reports, “ Conscienti ous, does cash flows, skilled at all lending. Amicable, hard work ing; can adm inistrate...im m ensely m otivated.” Community oriented. Prior employment included supervising overall opera tion of $7mm bank. Twelve years banking experience. B.S. Degree $30,000-$34,000. Call Sandi. N J-11 AG LOAN OFFICER—Currently in charge of ag loans in small country bank. Handles FmHA guaranteed loans, cash flow and fi nancial statement analysis, and some consumer loans. Also 1 yr. as FmHA Asst. Co. Supervisor. References say, "handles a heavy load of work, ambitious, hard working, personable...has a good future in banking.” B.S. Ag Econ. $21,000. Call Jean. NJ-12 BANK OFFICER—Offers nearly 10 yrs. current banking experience. Manager of $10mm branch office, $5mm loans, 2 employees. Handles all ag loans, plus real estate, installment, and small business loans. Sharp! I.S.U. grad (Ag Bus), Graduate School of Banking. $35,000. Call Jean. NJ-13 BANK PRESIDENTS-W e have 7 OUTSTANDING bank presi NJ-14 VP—Currently branch mgr. in charge of loans, operations, and business development at small branch bank. Has total of 4 yrs. banking experience, with first yr. spent as ag lender and asst, cashier. An energetic, well-spoken individual. M.S Ag plus bank schooling. $28,000. NS-15 AG LOAN OFFICER—Cash flows, collections, analyzing ag credits with a positive approach to others and does a good job of putting loans together, is a good description of this loan officer, according to one reference. "H e ’s extremely honest, reliable... has four years experience and I would certainly recommend him as a loan officer.” Currently employed Farm Credit System. Ag Business. $25,000-$27,000. Call Sandi. NS-16 LOAN OFFICER TRAINEE—Exceptional individual with FHA fi nance training. Has maintained a 3.74/4.0 grade point average. Definitely will handle job presented to him in the banking area. Very mature and extremely motivated. Personable and repre sents himself well. B.S. $15,000-$20,000. Call Sandi. Our reputation of maintaining our candidates’ confidentiality enables us to at tract a select group of ag bankers and lenders... those currently employed and not actively Job hunting, but ready to make a move for the right opportunity. When you describe your needs to us, we contact our candidates who fit your de scription to discuss the position and location to ascertain their Interest before disclosing their names or sending you their resumes. This not only protects our candidates Identity, but saves you tlme...when we sub m it a candidate for your consideration, you’ll know he or she has an Interest In your bank, community and salary range. JEAN EDEN 712-779-3744 (515-263-9598 w/f) Hwy. 92 W. Masseria, IA 50853 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Let us know your needs without commitment; we won’t ‘hound’ you with phone calls or ‘flood’ you with resumes, and there Is no fee unless you hire. We serve as the source to locate candidates who meet your qualifications and are Interested In your position. We are available to assist, not ‘Insist.’ We allow and encourage your direct contact with our candidates. YOU make the choice and decision without pressure. Supplement to Northwestern Banker Newsletter 2-17-86 SANDI GARNER 515-394-5827 Hwy. 63 S. New Hampton, IA 50659 AG BANKERS AVAILABLE NS-17 AS LOAN O FFIC ER -*One reference refers to this individual as, “ A confidence-builder with the customer and management area. Identifies problems with farmers...and works well with the bank side. Brings out the good side, even in a bad loan." Cur rently with $23MM bank. M.A. Bus. Offers 7 yrs. experience. $26,000-$29,000. Call Sandi. NS-18 AO LOAN OFFICER—FHA experience. Worked in all phases of the farm-lending process, including the guaranteed loan pro gram. Familiar with applications and appraisals. Comes highly re commended. I.S.U. graduate...looking for advancement and new challenges. $18,000-$22,000. Call Sandi. NJ-21 AG LOAN REP—Offers 2 yrs. ag lending experience and 4 yrs. running own farming operation. Currently employed by small bank as FmHA Loan Co-ordinator, with very successful record. Also has 1 yr. PCA experience. B.S. degree. $21,000. Call Jean. NJ-22 AG LOAN OFFICER—References say, "A hard credit man; an alyzes the total picture, makes a decision, and takes a firm stand...results-oriented.” Over 7 yrs. PCA experience. Respon sible for collections, budget, marketing and personnel. Distin guished appearance, congenial personality. B.S. Ag $28,000. Call Jean. N J‘ 19 VP—Offers 10 yrs. banking experience. Second officer in $30mm bank, handles majority of ag loans, few commercial and real estate loans. Supervises loan officers and clerical. Interested in advancement opportunity, wants to run a bank in near future. B.S. Ag (I.S.U.), Graduate School of Banking. $36,000. Call Jean. NJ-20 A VP—Handles over $7mm ag/real estate loans in $50mm bank (major holding co.) for past 3 yrs.; non-accruals, workouts, restructuring, guaranteed loans, etc. Strong computer skills, a farm background. Excellent references, "very well-versed in all areas of modern ag lending...great attitude...lots of drive...a real p ro." B.S. Ag Bus. $25,000. Call Jean. NJ-23 JR . A0/0PERATI0NS OFFICER-References say, "Excep tional! Bright and willing to work.” Offers 4 years bank exper. Started in small ag bank running in-house computer and helping with ag loan analysis and collections. Now handles general led ger and loan accounting, and is assistant to com ptroller and audi tor of Bancorp in $100MM ag bank. Has attended ag lending school and Chicago Board of Trade Marketing Seminar. IBM-PC, Burroughs, and Hewlitt Packed computer experience. Desires position combining operations and ag lending duties. Farm raised. B.S. Degree. $21,000. Call Jean. POSITIONS AVAILABLE Continuous demand for banking professionals. Our CONFIDENTIAL service allows you to explore career opportunities in banking without risk to your current position. No contacts are made without your prior knowledge and consent. All fees paid by employers. 1. VP—$40MM bank. Must be a good credit per son, confident and able to make decisions. Will work with Sr. L.O. on commercial ag and real estate loans. Community involvement, polish, and outgoing personality required. 8-10 yrs. bank experience a must. $30,000 + . 8. AVP/Afl LOAN OFFICER—$60MM Wl bank, 2. JR. LOAN OFFICER—$40MM bank. Will work with ag loan officers, assist in appraisals, inspec tions, FmHA guaranteed loans. Requires 1-3 yrs. experience in bank, FmHA, or PCA, college de gree preferred. To $24,000. commercial, perfect documentation system (cash flows, analysis). Minimum of 3 yrs. experi ence required. Good advancement potential. MN location. $25,000 + . 3. AO LOANS/OPERATKMtS—$15mm bank. Work handle ag loans, also some work with consumer, real estate and commercial lines. Limited duties in teller area. Computer and typing skills helpful. Requires 2-4 yrs. bank experience, good com munication and analytical skills. To $26,000 + excellent benefits. in ag loans. 2-4 years experience. Expertise in long and short term lending, ins. license...hail, disability, credit life, outgoing and civic minded. Advancement potential. Excellent location. $20,000+ benefits. 4. VP/AQ LOAN 0FFICER-$25mm bank, with good rating. Will handle $2-$4MM ag loans, do cash flows, balance sheets, workouts, etc. Re quires 3-5 yrs. ag lending experience; knowl edge of commercial lending helpful. County seat town, progressive area. $25-$30,000 + benefits (including bonus based on earnings.) 5. AR LOAN OFFICER —$50mm N. IA bank. Re quires 3-5 yrs. ag lending experience. To $30,000. 6. PRES/CEO—Overall bank management in $75mm bank, supervise 3 dept, heads. Re quires a skilled, progressive banker, currently running bank of comparable size. To $80,000. 7. AVP—$15mm rural ag bank needs person to work in ag lending and operations. 1-3 yrs. banking experience required, computer skills helpful. $24,000. needs a TAKE CHARGE person. Will analyze loans, do cash flows and balance sheets, and work must work well with farmers. Nice location. $28,000 + good benefits. 15. AG OFFICER—$35MM bank. College town-in viting location. Supervision of ag loans; financial planning, development calls, understand cash flows, and personal computers. $26,000+ Tre mendous benefits. 8. VP—$20MM bank. Handle ag loans and some 18. EVP —$70MM bank. Overall bank functions 10. LONfl AND SHORT TERM AO EX P ER T -$ 14 0 M M 1 1 . AO LOAN OFFKER/VICE PRESIDENT—$50 M M bank. Manage branch bank, ag lending and loan administration...expand loan portfolio. Ex cellent farm land area. Three to five years bank lending experience. To $30,000 + benefits. 12. A .V .P .—$40MM bank. Need 2-4 years exper ience in rural bank working with farmers, cash flows, collections, trends, and balance sheets... an analytical person, who can make good credit decisions. $25,000 + good benefits. 13. AO LOAN REP—$90MM bank. Outside colla teral inspections on farm, cash flows on Apple Computer. Will handle farm accounting system and assist farmers with net worth statements. 1-2 years experience, good communication skills. College town. $23,000 + benefits and auto for bank business. 14. A .L.O .—$40MM bank. Requires 4-5 years loan experience...exposure to workout situa tions, assist in ag loans and farm calls. Report to V.P. $22,000+ benefits. 10-15 years experience. Develop, implement, supervise, and document bank policies. Assign ments shared with president and bank officers. 7,000 pop. $45,000 + . 1 7 . PRESIDENT—$40mm W. IA bank. To $50,000 + full benefits. 18. AO LENDER—$50mm W. IA bank. Requires polished individual with 3-4 yrs. ag lending ex perience, from bank or FCS. To $28,000. 10. OPERATIONS OFFICER—To be in charge of all operations of $75mm bank, including book keeping, teller, and computer personnel, bud gets, purchasing, maintenance, and marketing. Requires 7 or more yrs. experience as opera tions officer in bank of similar size. To $50,000. 20. CREDIT SUPERVISOR—Extension and collec tions of credits for ag credit company. Two yrs. ag lending experience helpful. Based on CO, some overnight travel (expenses paid). $23,000 + full benefits. 2 1. A0 DEPT. HEAD—$20mm + ag portfolio. Will be in charge of all ag loans and supervise 2 lenders. 5-10 yrs. ag lending experience (bank or FCS) required. $40,000. 22. #3 0FFICEH—needed for $50mm ag bank in N. IA. Will be responsible for majority of ag loans, some commercial, installment and real estate loan duties also. Requires 8-10 yrs. bank experience with ag emphasis. $35,000. ----- I ---- ■ ------ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • • ® ® • BLOOM INGTON: The Indepen dent Bankers o f Minnesota will sponsor The Professional Women in Independent Banking Conference February 19 at the Sheraton Airport Inn. The keynote address, “ Women in Independent Banking—M eeting the Challenge,” will be provided by Jean Yancey, president o f Jean Yancey Associates, Inc., who heads her own firm in Denver, Colo., and is a director o f The W om en’s Bank in Denver. Dr. Michael Boehlje, profes sor o f agricultural and applied economics at University o f Minnesota, will discuss the continuing rural crisis in Minnesota. This will be fol lowed by three workshops on man agement skills. A video presentation, “ A Status Report: W omen in the Econom y,” will be followed by closing remarks by Jana Kirkeby, assistant vice president, American National Bank, St. Paul. Contact: Nancy A lfton, IBM , 612 854-9200. Illinois News 9 ROCKFORD: The acquisition o f Ulinois National Bank & Trust Co. by American National Bank and Trust M A STER REAL ESTATE M A TH TIBA-II HP-12C Co. has been consummated, accord ing to officials o f the two banks, and the former has been merged with the latter. The resulting bank will be known as AM CORE bank, N. A . The bank’s assets total in excess o f $675 million, making it the eighth largest bank in Illinois and the largest out side o f the Chicago area. David W . Knapp is AM CORE Bank’s chair man. J. Peter Jeffrey, form erly Illi nois National chairman and presi dent, will serve as president and CEO o f AM CORE Bank. SKOKIE: The board o f directors of First National Bank o f Skokie (FNBOS) has approved signing a let ter o f intent to merge with Citizens Financial Corp. (CFC). CFC is a re cently-form ed multi-bank holding company with a controlling interest in six Chicago area banks. W ith the addition of the $340 m illion FNBOS, its assets will approxim ate $1.8 bil lion, making it the sixth largest commercial banking organization in Illinois. The merger is subject to the signing o f a definitive agreement, as well as approval by FNBOS stock holders and appropriate regulatory agencies. The letter o f intent pro vides for a minimum purchase price o f $25.2 million, or $42 per share of FNBOS com m on stock. 2 . Pocket Cards Loan Calculations Instant reference $ 9 .9 5 for full pack 3. Seminars 6 class hours CEU credits North Dakota News The Independent Com m unity Banks o f North Dakota are sponsor ing a series of four workshops on “ D eveloping the Human Resource.” Presented by Dr. Leo Coleman o f Coleman and Associates o f Redding, Calif., the workshops are entitled “ Human Relations and M otiva tion ,” “ M anaging Y ourself and Others,” “ Fundamental Skills of Communication with People,” and “ Fundamental Skills o f M anaging People.” A t each location the four workshops will be held in tw o days, from 1:00 to 10:00 p.m ., with dinner at 5:00. Locations and dates are: Sheraton Galleria, Bismarck, Feb. 24-25; International Inn, M inot, Feb. 26-27; Doublewood, Fargo, Feb. 28-29, and H ospitality Inn, Dickinson, (first tw o workshops only), March 3. Fee is $120 for two full days or $40 for each session. To register contact the ICBND office in Bism arck at (701) 258-7121. POSITIONS A V A IL A B L E W H EELIN G : Nes R. Johnson has been appointed executive vice presi dent o f Main Bank. He form erly SR. LOAN OFFICER • Be in charge of entire loan function in $50MM IA bank. Need Ag and strong workout. Super President! To $40K. CONTROLLER • New position In a small bank. Need min. 2 yrs. accounting in a bank. To $35K. 1. Workbooks Self-study Course I and II $ 1 4 .9 5 each served as senior vice president in the commercial lending department. His previous experience includes several years at Drovers Bank o f Chicago and 46 years at First National Bank o f Chicago. LOAN REVIEW/ FINANCIAL OPERATIONS AUDITOR Large Nebraska bank holding company has an im mediate opening for a Loan Review/Financial Operations Auditor. Individual will be responsible for review of loan portfolios and financial opera tions audits of subsidiary banks. Viable candi dates should have bachelors degree with 12 years of financial accounting. Minimum 2 years experi ence as ag lender and/or in ag credit analysis. 60% travel required. Salary low $20K. Send resume and salary requirements to: P.O. Box 82067 Lincoln, NE 68502 Equal opportunity employer SEASONED LENDER - Generalist with comm’l background and new business development for S70MM IL bank. To $50K. R egency RECRUITERS. INC. Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 For full information or to order materials 5 1 5 /2 7 4 -5 7 7 0 Magnum Vault Doors Ship from stock - Two on display in our showroom w erm ersen V ^ T CALCULATOR SEMINARS NBN-85 3946 Oakshire Rd. Des Moines, IA 50310 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The industry’s highest quality and the industry’s low est cost Bankers Security—Safe and Vault 9906 A E. 53rd St. Raytow n, MO 64133 816-358-0883 . . . . . . . . 1 9 8 6 C A L E N D A R S . . ............... Buy Direct From The Factory and Saveli Send us your sample and quantity - We will Quote — You Be The Judge! — For all of your Advertising Specialties: STANDARD ADVERTISING SERVICE, INC. Box 432 • Council Bluffs, Iowa • 51501 (serving the banking Industry since 1947) BANKING The Omaha National Bank In Fort Collins, Colorado, seeks an AGRICULTURAL LOAN OFFICER to develop new busi ness, maintain bank portfolio and service customers. Qua lified candidates should have 3-5 years experience in all phases of lending and bank operations with an emphasis in livestock and crop production. A degree in finance or related area, the ability to communicate effectively and strong marketing skills are required. If qualified, submit resume and salary history to: POSITIONS AVAILABLE ^ Omaha National A FirsTier Bank $55MM Northeast Iowa Bank needs an experienced EX ECUTIVE VICE-PRESIDENT. Send resume to WEA c/o Northwestern Banker. (PA) BANKING OFFICER—Positions available In the Rocky Mountains, southwest and midwest. All fees employer paid. Contact Dunhlll of Fort Collins, 2120 South College Avenue, Fort Collins, CO 80525. Phone: (303) 221-5630. (PA) AG LOAN OFFICER—$25M bank In southwest Minnesota town of 2,500 needs Ag Loan Officer immedlately-minimum of 2 years experience necessary-salary commensu rate with experience-excellent opportunity for career ad vancement. Send resume to file No. WEK c/o Northwest ern Banker. (PA) COMMERCIAL LOAN OFFICER—position with progresslve Iowa City Bank. Minimum 3 yrs. lending experience with college degree. Excellent benefit package with salary commensurate with experience. Send resume and salary requirements to File No. WEJ, c/o Northwestern Banker. _______________________________________________ (PA) 1700 Farnam St. Omaha, Ne. 68102 Equal Opportunity Employer COMMERCIAL LENDER $120M bank. Outstanding metro location; calling officer, compliance officer, strong lending skills. Right Individual must have two plus years ex perience In medium size credits. Send resume to File No. WEG c/o Northwestern Banker. NEAR NEW BRANDT CURRENCY COUNTER. Call 515756-3361. (FS) BANK OPERATIONS Growth opportunity for individual ready to assume responsibility for operations manage ment for metropolitan bank with branches. Candi dates must be degreed with minimum of 7 years experience. Our client, headquartered in Des Moines, is part of a financially solid multi-bank In stitution, respected throughout the state. For con fidential consideration, direct your resume to T.W. Textor and Include salary history. No fees, we are retained by management. Personnel, Inc. 2626 Ruan Center Des Moines, Iowa 50309 BANKERS AVAILABLE PRESIDENT Aggressive, hands-on professional with excellent track record of cleanlng-up large problem banks. Last 2 yrs spent rescuing a $60m+ ag-orlented bank taken from C&D to 1 + ROA. $60K. EVP Clean-up specialist. 8 + yrs of lending and workout of ag/com'l loans. Currently #2 person In a 20m + community bank in charge of all lending and mgmt. $38K. AG LOAN OFFICER Hard working lender with 5 + yrs of lending and training in large holding co seeks oppty to grow and develop during next career step. Deg’d and knowledgeable In all lending areas. In charge of $16m portfolio and supervising 2 lenders. $30K + . FOR FURTHER INFORMATION FOR THESE & OTHER AVAILABLE CANDIDATES CONTACT KURT ROSENCRANTS AT (515) 2444414 <H M > <H H > fM> M M R O B M T BM LF 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ® WORLD’S LARGEST BANKING, EDP, & FINANCIAL SPECIALISTS ALL FEES COMPANY PAID SENIOR CREDIT ADMINISTRATOR for Minnesota, 5-7 years experience preferred..................................... Salary to $35,000 EXECUTIVE VICE PRESIDENT for $60M Iowa bank. Should be qualified to become C E O ........................Salary $50,000 VICE PRESIDENT & AG LENDING OFFICER, possible «2 position. Good loan experience record preferred .............. ..................................................................... Salary to $40,000 EXECUTIVE VICE PRESIDENT for community bank in northwest Io w a ............................................................. Salary$35,000 TRUST OFFICER for central Illinois bank, prefer law de gree ................................................................. Salary $35,000 COMMERCIAL REAL ESTATE OFFICER for major holding company bank. Must know secondary market procedures ............................................................................... Salary open AUDITOR for major banking group, Illinois & Iowa CPA a plus .............................................................Salary to $30,000 SENIOR COMMERCIAL LENDER for key Iowa bank, excel lent opportunity for right person...................... Salary open PRESIDENT & CEO for $50 million asset midwest bank. Good earner with a clean po rtfo lio.................. Salary open PRESIDENT & CEO for $40 million asset bank. Requires ability to handle some problem loans ............ Salary open AG LOAN OFFICER for eastern Iowa bank. Requires 2-5 years lending experience...............................Salary $25,000 AUDITOR/CPA for Iowa holding company Salary to $30,000 "Successful Banking is Quality Personnel" 3-BURROUGHS L-9000—2-NCR 8 Pocket proof machines; 1 - Bell & Howell Director II Microfilmer; 1 - Bell & Howell SRM Microfilmer; 1 - Bell & Howell Classic Microfilmer. All for sale due to mergers. Contact Dale L Adams at 402-362-7411 or P.O. Box 69, York, NE 68467. (FS) TRUST OFFICER for northern Iowa, prefer law d e g re e ----......................................................................Salary to $35,000 EXECUTIVE VICE PRESIDENT for $50M bank. Requires op erations and lending experience ................. Salary $40,000 OPERATIONS OFFICER—with lending experience for $20 million Minnesota bank. Send resume with salary require ments to Box 776, Worthington, MN 56187. (PA) FOR SALE POSITIONS AVAILABLE AG LOAN OFFICER for eastern Iowa bank, should have 3-5 years experience ....................................... Salary to $35,000 POSITIONS AVAILABLE COMMERCIAL LOAN OFFICER Progressive, large bank dedicated to professional commercial lend ing techniques. Average length of service is over 15 years per employee. Salary Is in the $30,000$40,000 range depending on experience and col lege degrees. COMMERCIAL VICE PRESIDENT 2-3 years credit experience. Begin with a $10mm portfolio and with credits from $500,000. Bank size: $90mm range. Salary range is broad depending on years of experience.................................. 25,000-$40,000. VICE PRESIDENT, COMMERCIAL in a $175 + bank doing lending 75% and PR 25% of his time. Beautiful location, suburban bank. Position will lead to supervision of another department. Salary range will be in th e ...................................$40,000’s. COMMERCIAL LENDER In a $150+ + bank in an excellent metropolitan-suburban location. Salary will range from ........................$30,000 to $35,000. HEAD OF LENDING for a $65mm bank In Northern Arkansas, 20,000 population, low cost of living, nice golf course, excellent medical services, pro gressive schools with strong atheltic programs. . ...............................................Salary $50,000+ + + . REAL ESTATE AND CONSUMER LOAN OFFICER, VICE PRESIDENT, for a $20mm + bank In small town within 1 hour of a city. Lending Is mainly construction, residential and commercial real es tate and* some consumer. Salary will be nego tiable around ...............................................$25,000. ALL AROUND LENDER Is a $50mm + bank in a small town within 1 hour of metropolitan area and lake area. Lending Is real estate, ag, commercial. The bank is clean and earnings are very good. EXECUTIVE VICE PRESIDENT leading definitely to PRESIDENT for a $20mm bank with ROA over 1%. Lending will be In $150,000-$200,000 range, good location. Salary ran g e........ $ 35,000-$ 40,000. PRESIDENT for a $70mm bank in town of 20,000. Needs to be thorough, needs to work well with the board, and extremely socially minded. Requires a background as CEO with commercial and agricul tural lending expertise as well as administrative and business development abilities. COMMERCIAL DEPARTMENT HEAD; $75mm+ + , independent bank. Portfolio will begin with $10mm pure commercial credits In a $40mm total commercial portfolio. Bank’s ROA Is over 1%, good retention of officers........... Salary Is $50,000. DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417) 882-2265 Please call Malcolm Freeland or Cy Kirk in care of: Freeland Financial Service 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6462 Employer pays fee. BANKRUPTCY ATTORNEY Now Available Experienced Cedar Rapids Trustee accepting bank clients seeking prompt action re: stay lifting; adequate protection; secured property disputes. Michael H. Irvine P.O. Box 2819 Cedar Rapids, Iowa 52406-2819 319/366-8016 Bank References Upon Request BANKING OPPORTUNITIES TRUST HEAD—to manage $100mm MW bank trust dept. Marketing skills. JD not required $45K. SECONDARY MARKET INVESTMENT MGR— $750mm, MW, sales techniques & network con tacts needed. $40K + incentives. Contact Barbara J. Ritta at PROFESSIONAL RECRUITERS, INC. P.O. Box 24227 Omaha, NE 68124 1-800-225-2885, In NE (402) 397-2885 PO SITIO N S A V A IL A B L E REAL ESTATE LOAN - manage dept, for large suburban bank. Construction lending experience a must. $35,000 LOAN REVIEW - assist senior loan review officer of $200MM bank. Prefer degree. $24,000 COMMERCIAL LOAN - Junior position with $200MM subur ban bank. Requires degree and experience with large credits. $28,000 AGRI-LENDER • senior position which requires strong background In financing of cattle operations. $35,000 TRUST OFFICER - manage small dept, for $40MM subur ban bank. Does not require Law Degree. $24,000 INQUIRIES ARE CONFIDENTIAL RESUME’ REQUESTED. TOM H A G A N & A SSO C IA TE S 2024 Swift • Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 14 No. 44 Northwsstem Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden Street, Suite 201, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $18.00 per year. Second class postage paid at Digitized for Des FRASER 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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