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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 https://fraser.stlouisfed.org 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 ThereJs A Difference In Banks... Together We Can Accomplish Great Things Valley N ational Bank â Call 319-398-4320 or toll free 1-800-332-5991 Strength of Eastern | ow a^ Merchants National Bank Cedar Rapids. Iowa 52401 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Si 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 i H. PETER DeROSIER Vice President Inquire about FLEX-O-PAY® ■ a computerized billing/credit system ■ generates additional income from present staff and equipment ■ means of increasing your local commercial business ■ plan developed by bankers for bankers C A LL : 1-800-772-2411 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 https://fraser.stlouisfed.org 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? IF SO... PLEASE CONSIDER THIS We have been solving Bankers bonding problems for over 75 years . . . AND AT THE LOWEST POSSIBLE PREMIUM CALL OR WRITE KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 TOPEKA, KANSAS 66601 (913) 234-2631 https://fraser.stlouisfed.org 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. https://fraser.stlouisfed.org 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 AUSTIN AND ASSOCIATES, INC. 3178 Republic Blvd. N., Toledo, OH 43615 Toledo • Chicago « Indianapolis « Springfield 4 Estate Appraisals Purchase of Collections Sale o f Rare Coins Reliable and respected service for over 20 years Used by bankers throughout the midwest Ben E. Marlenee Coins 913 Locust D es M oin es Iowa 50309 515-243-8064 , INSTALLMENT LENDER with 3 or more years experience for $60 million Iowa bank....................................... To $25,000 I POSITIONS AVAILABLE Financial Careers ® (Division of Freeland Financial Service, Inc.) BANK CAREER CONSULTANTS SERVING THE UPPER MIDW EST o f^s a e n c ij ú ^ e o iu ita z í, ú n a . Diane Evans 1102 ^ ï a n A c /fo e n u a Lf\anicn úihj, J U iiio u ti 64106 816 - 842-3860 CONFIDENTIAL/FEE PAID ¿J toCcI ex a n d c ^ f i i o c i a t i i . Bank Consultants S p e c ia li z in g in B a n k A c q u is itio n s P.O. Box 450 D o n a l d 515-232-0814 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 #