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• V o i. 15 No. 45

Des M oines, Iow a

IBAA Selects Officers
The nominating committee of the
Independent Bankers Association of
America has announced its follow­
ing slate of officers for election at
the IBAA annual convention early
in April in Orlando, Fla.:
^ President—Thomas H. Olson,
president, Lisco State Bank, Lisco,
Nebr.
Pres.-Elect—J.R. Nunn, presi­
dent, Citizens Bank, Tucumcari,
fN .M .
Vice Pres.—O.J. Tomson, chair­
man and CEO, Citizens National
Bank, Charles City, la.
Treasurer—Merle L. Graser,
• chairman and CEO, First National
Bank of Venice, Fla.
Current IBAA President Charles
T. Doyle will become chairman of
the IBAA board.
a

Nebraska News

tion’s recent Leadership Conference
provided a debate platform on inter­
state banking. Of the 131 bankers
voting (about 30% of the member­
ship), 71 opposed changing NBA’s
position against interstate banking,
while 60 voted for the change. The
N BA executive council later
adopted the Leadership vote as its
official position. On the issue of in­
terstate banking to allow outside
banks to acquire failed or failing
banks, the vote was 54% for re­
gional interstate banking and 46%
against. No such legislation has
been introduced. NBA will not spon­
sor it, but will support it if the issue
is raised.
The Leadership Conference voted
by large majority to support a pack­
age of amendments to Initiative
300. Also, they strongly opposed
statewide de novo branching with a
94 to 29 vote and the NBA executive
committee adopted that position.
LB240 allows interstate banking
with 10 contiguous and upper mid­
west states and raises the permis­
sible deposit limit from 11% top
20% in a BHC. LB375 does the same
without mention of deposit cap.
LB681 allows reciprocal national in­
terstate banking while LB 702
allows wide open interstate banking.

Approximately 800 bills have
been introduced at the 1987 session
of the Nebraska legislature and
• about 10% of them are bills relating
closely to interests of the banking
industry. Four of those bills deal
with interstate banking in varying
degrees. The Nebraska Bankers As• sociation official position and the
Nebraska Independent Bankers As­
sociation oppose the bills. Another
Iowa News
bill that would authorize statewide
de novo branching also is opposed
The Iowa Bankers Association
• by NBA and NIBA.
and the Iowa Department of Eco­
The Nebraska Bankers Associa­ nomic Development will co-sponsor

February 23,1987

Financial Assistance Program
Workshop to be held at three loca­
tions in Iowa. Dates and locations
are March 10—Stouffer Five Sea­
sons Hotel, Cedar Rapids; March
11—Hotel Savery, Des Moines;
March 12—Siebens Forum, Buena
Vista College, Storm Lake. Regis­
tration is at 8:30 a.m. with the work­
shop running from 9:00 a.m. until
3:45 p.m. Registration fee is $60 and
includes materials, refreshments
and lunch. Register through the
IBA office.
* * *
The IBA will sponsor the 1987
Legislative Reception & Briefing on
March 11 at the Savery Hotel in Des
Moines. The briefing will be held
from 4:00 to 6:00 p.m., followed by
the reception until 8:00 p.m. Regis­
tration fee is $25 for members, $30
for subscribers and $50 for non-

SPECIAL NOTICE!
To Iowa & Nebraska Banks
If you have not yet returned
the questionnaire from your
bank for the N o r t h w e s t e r n
B a n k e r ’ s Iowa and Nebraska
Bank Directories, we ask that
you please complete and return
the form at once. If it’s been
misplaced, please send your
December 31, 1986 statement
and an updated list of person­
nel. Thank you.

Call on the “Experienced Professionals”
Ready to meet your correspondent needs.

^FtrsfierBank
Lincoln
13th & M Streets, Lincoln, Nebraska 68501

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Federal Reserve Bank of St. Louis

FirsTier Bank, N.A., Lincoln, Member FDIC

Norwest Bank Des Moines, N.A.
NORWESr BANKS

Call (515) 245-3131 or toll-free (800) 362-2514

Hill

Member FDIC

I I W

Yearn work:
one of the reasons
we're first in Iowa.

plan precluded former MorAmerica
president Jerry Maples or any other
former executives from holding of- |
fice in the new company. Mr. Maples
was included in the original plan to
be president of the holding company
and s&l at a salary of $85,000. His
father-in-law, Peter Bezanason, I
founder of MorAmerica, earlier
agreed with the bankruptcy court to
turn over his major assets to the
new holding company.

Tom Quinlin

John Rigler

members, and includes refresh­
ments. Register through the IBA of­
fice.
The 1987 Ag Credit Conference
will be held Mar. 16-18 at the Scheman Center on the campus of Iowa
State University in Ames. The first
half-day of the conference will fea­
ture a special two-hour session on
the effectiveness of Chapter 12
Bankruptcy. A federal and state leg­
islature update will also be provided.
The second day of the conference
will feature two nationally-known ag
economists, Dr. John Marten from
Farm Journal Magazine and Dr.
Michael Boehlje from the University
of Minnesota. Four concurrent

DES MOINES: Richard E. Davis 1
has been appointed president of
workshops will also be held. The First Interstate Information Sys­
final half-day sessions of the confer­ tems. He has been with the company
ence will be both informative and since 1964, most recently as execu- (
motivational.
tive vice president.
ALGONA: Lynn Norcross has been
advanced to vice president, loan ad­ DES MOINES: James B. Fogt has
ministration. With the bank for been elected executive vice presi­
eight years, he has been overall dent and chief financial officer at <
supervisor of the lending depart­ First Interstate Bank of Des
ment.
Moines, N.A. He will be responsible
CEDAR RAPIDS: Under a bank­ for the finance, investments and
ruptcy reorganization plan for Mor- operations departments for the loan,
America Financial Corp, the largest trust and investment functions. He
bankruptcy case in Iowa history, joined First Interstate of Iowa, Inc.
Charles Cebuhar has been appointed in 1977.
president and CEO. Mr. Cebuhar
was chairman and president of DES MOINES: At First Interstate
United State Bank here from 1978 of Iowa, Inc., Patrick E. McNerney,
to 1983, then served as chairman vice president, credit administration
two more years before retiring from has been elected senior vice presi­
that post but continuing as a direc­ dent in that department. He joined
tor. A new holding company will be First Interstate in 1984 after serv­
created soon and it will form a new ing as vice president of metro lend­
savings and loan. The employment ing at First Interstate Bank of Des
committee in the reorganization Moines.

1

For Professional Correspondent Service
Call 1-800-622-7262

Terry Martin
MNB Correspondent Banker

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Federal Reserve Bank of St. Louis

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BANKS OF IOWA BANK

Main Office • Sixth and Walnut
DES MOINES, IOWA 50304

A BANKS OF IOWA BANK
Member FDIC

I
JAMES F. MacLEAN
Vice President

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H. PETER DeROSIER
Vice President

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C A LL :

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W R IT E :

LeRoy Bell
The National Bank of Waterloo
RO. Box 90,
Waterloo, IA 50704

S 1 ASSISTANT CASHIER/AG LOAN OFFICER— Three years
of really good all around bank experience. Personal com­
puter experience with cash flows. “ Comes to work when
# it’s not required...customers go out of their way to do busi­
ness with him.’’ Expounded a reference. He’s a solid quiet
worker. University of Northern Iowa graduate. $19,000.
S-2 AG LOAN OFFICER— “ Makes a thorough comprehensive
game plan and follows what is expected of him with no
w negatives. I’ve heard only good things about his loan files
and credit analysis.” Quoting a reference. Four years ex­
perience. Responsible for approximately 9MM ag loans.
Implemented many computer programs...also imple0
mented a calling program for new ag customers. Top perw former! college graduate. $23,000.
0

S-3 VICE PRESIDENT— Offers fourteen years of experience.
All facets of lending expertise and operations experience.
“ Very ambitious and pleasant to work with. All around
# good employee...very professional.” $30,000.
J-4 VP/L0AN OFFICER— Past 6 yrs. with same bank, in
charge of $4-6mm ag loans and supervises loans at
branch offices. Strongest in ag lending, also involved with
^ real estate and some commercial lines, and assists with in­
vestments. ISU grad, numerous banking seminars.
$30,000.
J-5 SENIOR MANAGEMENT—A 15-year banking veteran,
currently senior officer in $100mm bank, responsible for
# $50-$75mm in loans and supervision of 5-8 loan officers.
Enjoys lending and administration, successful in workouts
and still able to bring in the quality new accounts. Equally
qualified in commercial and ag lending. Desires metro
location, good growth potential. SHARP! Bus. Admin.
# degree, graduate school of banking, ABA commercial len­
ding school, etc. etc. $50-$60,000.
J-6 SR. VP/EVP/CE0— Definitely an accomplished banker,
after 17 yrs. servicing ag, commercial and installment

loans. Resourceful in workouts and trouble shooting,
knows FmHA and SBA procedures. One reference relates:
“ Does an exceptionally good job in lending and adminis­
tration.” B.S. Business, plus several AIB courses. $38,000.
J-7 SR. OFFICER— An accomplished COMMERCIAL lender
with 10 yrs. experience in management position. Proficient
in operations and staff supervision, knowledgeable in ag
and mortgage lending as well. “ Very intelligent, a self­
starter and take charge type person. Good judge of loans,
keeps on top of records, and knows how to handle custo­
mers and staff,” references commented. AIB, Commercial
Lending School, and Graduate School of Bankinq.
$40,000.
J-8 SR. VP/EVP— COMMERCIAL and AG. “ A true superstar in banking,” says former employer. Presently Sr. V.P.
in charge of $40mm loans ($20mm commercial) and
supervising 6 loan officers. Ten yrs. experience, but “ has
the knowledge and ability of a'20-year veteran. Astute in
credit analyses, perceptive in work-outs, and equally adept
with ag and commercial loans. You’ll know he’s solid 5
minutes after you meet him!” Another contact reported,
“ Mature and diplomatic, he can do the job!” B.S. Ag
Econ. Graduate (Wl) School of Banking, and numerous
AIB courses. $40,000.
J-9 AG LOAN OFFICER— Has worked in most all areas of
small ag bank. Started out as bookkeeper and teller, man­
aged in-bank insurance agency, and has been handling
ag loans for past 4 yrs. FmHA approved lender. Prefers E.
NE, W. IA, E. KS locations. $28,000.
S-10 PRESIDENT— Major area of strength is loan administra­
tion. Good communication with employees...knows bank­
ing and is extremely motivated. This former bank examiner
offers fifteen years experience. Is a professional individual
who has the ability to analyze, restructure and negotiate
problem lines of credit. College graduate. $45,000.

Our reputation of maintaining our candidates9
confidentiality enables us to attract a select group
of ag bankers and lenders... those currently
employed and not actively job huntingf but ready to
make a move for the right opportunity.
JEAN EDEN
712/779-3567
Hwy. 92 W.
Massena, IA 50853

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Let us know your needs without commitment; we
wonft 1hound9you with phone calls or ‘flood9you
with resumes and there is no fee unless you hire.

,

SANDI GARNER
515/394-5827
Hwy. 63 S.
New Hampton, IA 50659

S-11 LOAN OFFICER— “Best ag credit files in the state,”
comments made by a reference. Has an outstanding track
record. Reduced non-accrual loans to zero in 1986. Gen­
erated through a calling program $660,000 of new quality
ag loans (9 new customers). Absolutely outstanding cre­
dentials. University of Minnesota degree. $30,000.
S-12 SENIOR LOAN OFFICER— “ 2nd to none in credit analy­
sis...cranks through the work, doesn’t make hasty deci­
sions and has never made a poor one. I’d like more loan
officers like him, he has more on the ball then most
people,” related reference. “ An outstanding employee!’’
Thirteen years experience. Iowa State University Gradu­
ate. $30,000.
S-13 LOAN OFFICER— Bank operations experience, student,
consumer and ag loans. Works extensively with the cash
flow program on the computer. A very neat, accurate and
thorough employee. Fits in well with staff. Iowa State
University graduate. $18,500.
J-14 SENIOR LENDER/AG— Former supervisor, present co­
worker, and correspondent bankers all rate him “ One of
the best young bankers around; tactful but direct in prob­
lem situations, good with figures, assertive, good decision­
making skills, and really knows banking.” Eight yrs.
experience, active in bank groups and associations, and
really enjoys being involved in community. “ Destined to be
successful; absolutely executive material!” B.S. IA St., sev­
eral bank schools and seminars. $38,000.
J-15 AG BANNER— Currently in charge of large ag portfolio
with major holding co. Very successful in reducing loan
losses, but also good in new business development. Has
supervised a staff of 10. References include, “ Excellent in­
terpersonal relations, one of the best lenders I’ve seen!
Able to assess a problem and know how to approach and
resolve it. Solid as a rock!” Ten yrs. exper. handling large
lines of credit. B.S. Econ. $35,000-$40,000.
J-16 L0AN/0PERATI0NS— Currently in $12mm rural bank,
responsible for loans and operations. Familiar with invest­
ments, administration abilities. Four yrs. previous experi­

ence as bank examiner. Reports a references, “ Hard #
working, sincere, and a good banker. Has the tools,
talents, and expertise to be a good second officer.” Col­
lege degree, ag credit school, insurance licenses.
$30,000.
S-17 COMMERCIAL LOAN OFFICER— Seven years of experi- ®
ence. Handles 8MM loan portfolio in commercial loans at
present...ag business retail manufacturing, commercial
real estate, etc. Experience in financial statements, analy­
sis, loan documentation, problem loan workouts, SBA ^
loans, etc. “ Ouick learner and you know he’ll do it right or ^
ask. Motivated and a real self-starter.” Ouoting a refer­
ence. College degree. $20,000.
S-18 ASSISTANT VICE PRESIDENT— Overall banking duties,
all facets of lending and personal computer operator and #
programmer. Holds all insurance licenses. “ Good commu­
nication, looks after the banks best interests, and makes
decisions but isn’t afraid to ask questions,” said a refer­
ence. Good aggressive employee. College graduate.
$26,000.
•
S-19 EXECUTIVE VICE PRESIDENT— Eleven years of experi­
ence, has attended numerous banking schools and exper­
tise in all areas of banking. “ An extremely motivated,
bright individual who can communicate with anyone!” ^
quoted his former V.P. “ Knowledgeable, fair and honest,”
were all comments made by his reference. University of Il­
linois graduate. $40,000.
S-20 CEO— “ I’d hire him back in ten seconds,” quoted a
former employer. Has been managing a staff of 22, all •
operations of a 25MM bank, along with overseeing a
17MM loan portfolio. An outstanding leader with excellent
credentials and is very community minded. $50,000.
S-21 AG LOAN OFFICER— FDIC experience, loan coordina- ^
tor, R.E. loan processor. Total familiarity with what should
be in a loan file inside and out. Has the ability to take
charge and oversee staff...gets the work done on time.
Degree, with numerous banking classes to his credit.
$25,000.
#

POSITIONS AVAILABLE
1. CASHIER— $64mm bank in upper
midwest. Excellent earnings. Respon­
sible for overall operations, some lend­
ing duties. Supervise 12, oversee com­
puter operations, handle all reports.
Community offers top-rated schools,
pool, golf & country club. $26-$32,000
plus additional 25% in benefits.
2 SENIOR LOAN OFFICER— County seat
town. In charge of $30mm loans,
supervision of 3 dept, heads. Requires
10 yrs. commercial lending experience
in bank of $50-$75mm. $42,000.
3. C.E.O.— Small rural bank with excel­
lent earnings. Supervise staff of 5. Re­
sponsible for overall management and
loans, develop new business. $35,000.


712/779-3744
https://fraser.stlouisfed.org
92 W.,
Massena,
Iowa 50853
Federal Hwy.
Reserve
Bank
of St. Louis

4. SENIOR V.P.—Highly profitable
$40mm bank. Primary duties will be in
ag lending, familiarity with operations
helpful. Requires 5-10 yrs. experience.
$38,000.
5. SR. LOAN OFFICER—Desirable subur­
ban location! Prestigious IA bank. Re­
sponsible for $0-$50mm loans, super­
vision of 3-4 loan officers. Requires 10
yrs. ag AND commercial experience.
$40,000 + .
6. LOAN OFFICER—$50mm bank. Join
team of 3 other lenders in well-run
bank. Emphasis on ag. 3 yrs. minimum
experience, bank or Farm Credit Sys­
tem. $30,000.

aqr/ oirœrs, inc.

7. COMMERCIAL LOAN OFFICER-lowa #
metro bank. Min. three years commer­
cial loan experience. $32-$37,000.
8. VP OPERATIONS—Sound Eastern
Iowa bank near larger city. Computer ^
experience or interest helpful. Seek *
person who likes living in small town.
$24-$26,000.
9 VICE PRESIDENT-Supervise two loan
officers in $40 MM northeast Iowa #
bank. 6-10 years experience. Owner­
ship possibilities. $25*$30,000.
10. AG LOAN OFFICER—Minnesota
county seat bank seeks candidate to
handle ag, commercial and installment
loans. 3-5 years experience required.
$23-$26,000.

515/394-3145
Hwy. 63 S., New Hampton, Iowa 50659

^
w

IOWA BANKERS
PROBLEMS WITH YOUR
BANK’S BOND?
ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE?
HA VE YOUR PREMIUMS SKYROCKETED?
We have been solving Bankers bonding problems for over
¿5 years . . .
AND AT THE LOWEST POSSIBLE PREMIUM!

CALL OR WRITE

IOWA BANKERS
INSURANCE AND SERVICES, INC.
104 EAST LOCUST STREET
DES MOINES, IOWA 50308
1-800-532-1423 or (515) 286-4344

KANSAS BANKERS SURETY COMPANY

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Federal Reserve Bank of St. Louis

P.O. BOX 1654
TOPEKA, KANSAS 66601
(913) 234-2631

SOUTH DAKOTA
BANKERS
PROBLEMS WITH YOUR
BANK'S BOND?
ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE?
HAVE YOUR PREMIUMS SKYROCKETED?
Are you FORCED to write one type of insurance with a
company at a higher premium, just so they will write
another type of policy for you?
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P.O. BOX 1654
TOPEKA, KANSAS 66601
(913) 234-2631

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Federal Reserve Bank of St. Louis

OWNED BY BANKERS

SERVING BANKERS

FAIRFAX: Michael H. Jones has
been elected vice president and
flashier of Fairfax State Savings
Bank. He previously served as
cashier.

Daniels comes from The Bank and
Trust Company o f A rlington
Heights, where she was senior vice
president and head of community
banking.

KNOXVILLE: At Community Na­
t io n a l Bank of Knoxville, Robert NORTHBROOK: Robert R. Corey
Grote has been elected executive has been promoted to vice chairman
of Drovers Bank of Chicago and se­
vice president and a director.
nior vice president and chief invest­
REMSEN: Dean R. Conrad has been ment officer of Cole-Taylor Financial
nromoted to vice president and cash­ Group. He has been with Drovers 36
i e r of the First Trust & Savings years.
Bank. He has been with the bank
since 1980.

Montana News
•

Minnesota News

MOUNT IRON: Barbara H. Sartori
has resigned as vice president and
cashier of Mt. Iron First State Bank
^lue to ill health. She had been with
xhe bank 13 years.
ST. PAUL: American National
Bank of Saint Paul has announced
the promotions of Gary M. Omerza
•to vice president and senior funds
manager, Peter M. Bradt to vice
president—construction, Jack P.
Hoehl to vice president of data pro­
cessing, and Mary E. Pachl to vice
president of operations.

The 1987 Women Bankers Confer­
ence, sponsored by the Montana
Bankers Association, will be held at
the Holiday Inn in Billings on Mar.
13. At 8:30 a.m. Alene H. Moris of
Career Consultants, Seattle, Wa.,
will speak on “ Men and Women
Working Together." Speaking at
12:30 p.m. on “ Stress You Can’t
Make It Go Away—But You Can

Manage It” will be Dr. Terry Rad- 3
cliffe, Director of Training and De­
velopment, St. Vincent Hospital,
Billings. At 1:30 p.m. “ Teambuild­
ing: Developing A Productive, Crea­
tive and Supportive Work Group”
will be presented by Gretchen
Bailey of Management Consultant,
Billings. Ms. Moris will speak again
on “ Balancing Your Personal and
Professional Lives” at 3:15 p.m.
with the conference adjourning at
4:30 p.m.

Wisconsin News
MILWAUKEE: The Comptroller of
the Currency and shareholders of
the First National Bank of Glendale
have approved the sale of that bank
to First Wisconsin National Bank of
Milwaukee. The change of owner­
ship will become effective Feb. 27.
The Glendale bank had assets of
$102.6 million on Dec. 31, 1986. The
Milwaukee bank, the largest in the
state, had assets of $4.1 billion.

Douglas Austin & Associates, Inc.
presents

SURVIVAL PLANNING
South Dakota News
^RAPID CITY: Rosemary Hogan
nas been promoted to vice president
of the Rushmore State Bank. She
previously served as operations offi­
cer and branch manager. Her new re­
sponsibility will be bank-wide opera­
tions.

Illinois News
•CHICAGO: First Colonial Bankshares has announced that Frede­
rick D. Bernson has been promoted
to president of Avenue Bank of Oak
Park, John A. Benson has been ad•vaficed to president of Avenue Bank
Northwest, Niles, and Bette B.
Daniels was named senior vice presi­
dent at First Colonial Bankshares,
Chicago. Mr. Bernson is the former
president of the Niles Bank. Mr.
Benson previously served as execu­
tive vice president of Northwest
Commerce Bank in Rosemont. Ms.


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Federal Reserve Bank of St. Louis

for

CO M M U N ITY BANKS
A one-day seminar featuring in-depth presentations
analyzing how to develop a strategic plan; community
bank acquisition strategies; selling strategies; and bank
stock valuations.

Sioux City, IA
Omaha, NE
Des Moines, IA
Cedar Rapids, IA

Tues., March 17
Wed., March 18
Thurs., March 19
Fri., March 20

For complete registration information and materials, please
call Douglas Austin & Associates, Inc. at (419) 841-8521.

DAA

DOUGLAS
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Toledo • Chicago « Indianapolis « Springfield

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D

o n a l d

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405 Main Ames, Iowa 50010

E.

H

o ld e r

,

Principal

POSITIONS AVAILABLE
AG LENDER
Enjoys rural living, enthusiastic lender w /3+ yrs of cash
flow lending. Grew up on farm, ag degreed and trained in
holding co, environment. Handled all types of lending in­
cluding FmHA plus w/o exposure.
$25K.
SR. L.O.
No nonsense executive w/commercial and retail lending
skills. Currently managing 18 people (7 lenders) and devel­
oping commercial new business. High image performer
who has restructured a metro bank, perfect for #2 spot in
commercial bank.
$38K.
CONSUMER LENDER
Created new demand in consumer sector for $28M bank
while controlling delinquencies. 3 + years of exp in quality
environment looking for more oppty and new challenges.
$24K.

Strong midwest bank group seeks qualified applicants to
fill positions in recently acquired banks. PRES/CEO,
COMM’L and AG LENDERS. Send resume to File No. WIA
do Northwestern Banker.
(PA)
COMMERCIAL LOAN OFFICER. Excellent opportunity for
individual with minimum 3 years commercial lending ex­
perience. Bank moving to Ames, IA. Send resume to or
contact Joseph R. Simmens, Pres., American State Bank,
Box 367, Roland, IA 50236. (515) 388-4331.
(PA)
OPERATIONS OFFICER. Excellent opportunity for indivi­
dual looking for a growth oriented bank. Prefer minimum
of 5 years experience with micro computer training. Bank
moving to Ames, IA. Send resume to or contact Joseph R.
Simmens, Pres., American State Bank, Box 367, Roland, IA
50236. (515) 388-4331.
(PA)
Walker State Bank, Walker, IA needs #2 PERSON with
lending & operations experience & computer interest. In­
surance licenses a + . Good town & great staff. Contact
Bill Bernau, Box 128, Crawfordsville, IA (319) 658-2131. (PA)
VP. $20MM central Iowa bank. In charge of loans & loan
administration. Prefer 10 years + experience in commer­
cial, ag, & RE lending. College degree required. Send
resume to R. Chittenden, Pres., Farmers Savings Bank,
Box 670, Mitchellville, IA 50169.
(PA)
AG LOAN OFFICER. $23MM bank. Minimum of 3-5 years
experience needed. Salary negotiable, based on education
and experience. Send resume to Gary Bergstrom, National
Bank of Harvey, Box 239, Harvey, ND 58341. Or call (701)
324-4611.
(PA)
LOAN OFFICER-3 yrs.lending experience (installment/
real estate). Manage downtown office. $65MM bank. Send
resume to: D. Rubel, Pres., Iowa State Savings Bank, Box
3095, Cl inton, IA 52732.
(PA)

FOR SALE
RECONDITIONED
BRANDT Coin Sorters-Counters
BRANDT Currency Counters
New Warranty
402-571-5577

POSITIONS AVAILABLE
2 CEO’s— Iowa and Spokane, WA. $40 million and
$60 million banks. Need 10-15 years in manage­
ment with a loan background. To $60K + Bonus.
OPERATIONS—Iowa bank needs in-house com­
puter experience plus strong cashier experience.
$25-35K.

FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS

All fees are paid by our client employers.

317 6th Ave, Ste. 650
Des Moines, IA 50309

(515) 244-4414
ALL FEES COMPANY PAID

Please contact Lorraine Lear concerning these and other
Midwest banking opportunities.
^

POSITIONS AVAILABLE
PRESIDENT
Are you a dynamic leader that can do it all? A $40mm hold­
ing co bank in S MN seeks a strong leader with 8 + y r s _
coml/ag lending exp and heavy operational skills. A super ®
opty for a hard driving individual. HOT!
To$55K.
Job #NW1208.

SR COML LENDER
Do your abilities deserve greater potentials? This $20mm
bank in a beautiful MN resort area desires an aggressive
decision-maker with strong coml lending abilities to play a
the #2 role. This position will lead to the presidency. E q u i- ^
ty available for the right candidate. A chance of a lifetime
in a clean bank!
To$40K.
Job#NW1209.

AG LOAN OFFICER
Do you feel like you’re not part of the team? How does
playing a vital role in an organization that can offer long
term career pathing sound? If you’ve got 2 + yrs ag le n d -®
ing exp, a degree and strong selling skills - CALL NOW!
This is your chance to join a growing bank on the ground
floor!
To$30K.
Job#NW1210.
FOR MORE INFORMATION
CONTACT PAUL GENTZKOW
OR JEAN TODD

3636 IDS Center
Minneapolis, MN 55402

(612) 339-9001
ALL FEES COMPANY PAID
PO SITION S A V A IL A B L E
CASHIER • $25MM Ag Bank. Requires background with inhouse m inicomputers and some knowledge of Agri Loans.
$30K

PRESIDENT
Top notch lender has kept $15M bank at 1 + R.O.A. for last
2 yrs. Business developer but only quality. Conservative
lending philosophy, knows when to say no! Looking for
good bank and long term future.
$35K.

BtCMMHRT MfflMUF

1010 Equitable Bldg. Des Moines, IA 50309
515/282-6462
Employer pays fee.

Richard L. Beem, CPC
GUMBERT EXECUTIVE EXCHANGE, INC.
11246 Davenport Street
Omaha, NE 68154
Phone: 402/330-3260
Member National Personnel Associates
We're Nationwide

PRESIDENT - Agri Bank with problem loans. Should have
adm inistrative experience and solid Agri Loan skills.
OPERATIONS - manage department of 35 for large urban
bank. Experience with deposit accounting and account
services required.
$38K
ACRI LOAN ■ com m unity bank w ith large Ag portfolio.
Seven yrs. or more Ag Lending experience needed.
$35K
COMMERCIAL LOAN - large suburban bank with $100MM _
loan portfolio. Degree and minimum 3 yrs. comml le n d in g ®
experience with six figure credits:
$32K
Additional positions available in Midwestern states.

TOM H A G A N & A SSO C IA TE S
2024 Swift - Box 12346
North Kansas City, MO 64116
816/474-6874
"Serving the Banking Industry Since 1970"

Vol. 15 No. 45 Northwestern 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, $24.00 per year. Second class postage paid at
Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts to Northwestern Banker, 1535 Linden
#201, Des Moines, Iowa 50309.
Digitized forSt.,
FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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