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Iowa News The Great Brain Robbery II, sponsored by the bank marketing committee of the Iowa Bankers A s iw \ \ sociation, is sche BRÄIN duled for Febru BOBBERY M II V ary 16-17 at the Hyatt House in Des Moines. Lark Billick, IBA pub lic relations direct or, said the second Brain Robbery has been scheduled based on the excellent response to the 1976 pro gram. This year’s program has been expanded to cover additional areas of prime concern to banks and marketing people throughout Iowa, rfre said, and is not a repeat of GIBR r l. This year’s Brain Robbery ses sions, again conducted by national advertising and communications experts Ray Considine and Murray Raphel, will be geared entirely to marketing, advertising, public re lations and selling by banks. More than 170 persons attended GIBR I and more than that number are anticipated for the second program this year. Registration is $100 for Iowa banks and $150 for non-Iowa banks. Interested parties may contact Mr. Billick at the IBA office, 430 Liberty Bldg., Des Moines 50309. BRIDGEW ATER: Ron R. Kniep has been named president of Union # https://fraser.stlouisfed.org àFederal Reserve Bank of St. Louis State Bank succeeding W . F. Kniep who retired as president after 27 years while retaining his position as chairman. Tim Kniep was named cashier. CLINTON: Robert P. Holleran re cently was named president of Clin ton N ational Bank replacing Reynold P. Jurgensen who retired. Mr. Jurgensen remains a director and was named vice president. M yril T. W iese was named assistant vice president and trust officer succeeding Ward H. Riedesel who retired. William A. Venema was promoted to assistant vice president. DES MOINES: District Court Judge Gibson Holliday has sched uled February 14 as the start of the court hearings in the suit filed by the Iowa Credit Union League against Iowa superintendent of banking Thomas H. Huston. Mr. Huston last fall declared credit union share drafts to be illegal in struments. It is believed the court sessions will last all week, with a number of witnesses coming from various parts of the nation. DES MOINES: Hugh Van Hosen, president, Newton National Bank, is hospitalized in Room 500, Iowa Methodist Hospital. DES MOINES: Glen G. Reynolds has been promoted to president and John A . Seddon to assistant vice president of the East Des Moines National Bank. New assistant cashiers are: David Swanson, head teller; Marilynn Cronin, HubbellUniversity Office manager, and Richard E. Miller, Pleasant Hill Office manager. DYERSVILLE: Charles Geers has joined the Dyersville National Bank as vice president and loan officer. He had been with the Federal Deposit Insurance Corpo ration in Omaha, Nebr., for the past six years. KELLOGG: Kellogg Savings Bank has announced the promotions of Michael L. Grim to cashier and Stanley Straate to loan officer to head the instalment loan depart ment and security officer. LEIGHTON: The Farmers Savings Bank recently announced the ap pointment of Jerry Frueh to officer status. He formerly was with E. F. Hutton & Company, Inc., in North Carolina. MARION: Farmers State Bank has announced the following promo tions: Douglas Neighbor, Gene Neighbor and Melvin Carter, Jr., vice presidents; John Hartmann, assistant vice president and audit or; Dennis Earhart, assistant vice president and farm representative; Tom Siders and Kim Nelson, assis tant vice presidents; H arold Knaack, assistant cashier, and 2 SERVICE WITH NO SMILE. All our computer knows how to do is work. Quickly. Efficiently. But no smile. Bill Rickert and Ken Young are the ones who smile. Especially when they’re showing somebody how our straightfaced computer works. Call Bill or Ken today. St 712/277-1500 ÜM I GARY STEVENSON Vice President First National Bank in 1-800-772-2411 A llen Shedek, officer. assistant trust DES MOINES: Don Carmody was advanced to vice president and John Murano was named corres pondent officer in Bankers Trust Company’s correspondent dept. M U S C A T IN E : The S outheast Group of the National Association of Bank Women will meet Thurs day, Feb. 10, at the new Holiday Inn here. PRIM GH AR: Jerome H. Smith was named president of The First National Bank succeeding James M. Metcalf who recently retired after 52 years in banking. Emily Otte was named cashier and Jerry DeRidder assistant cashier. SPENCER: Clay County National Bank has announced the election of the following officers: John Wassenaar, executive vice president; Paul We’re interested in services that give you a lot of help for your money. Berme Kersey nesMoines A Your Man on the First Team. Sioux City • A ‘BANKS OF IOW A’ BANK National Bank of Waterloo S ÏK 0 Gary Stevenson A NATIONAL. n a t io n a l , b ank BANK Member FDIC An Affiliate of Northwest Bancorporatiön Banco https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E. Strautz, vice president; Thomas McMahan, cashier; Gary Tolzmann, assistant vice president; Thom as M alm gren, instalm ent loan manager; David Woodcock, instalment loan officer; Lillian Schmidt, assistant cashier, and Roger Dean, real estate officer. PAPILLION: The Bank of Papillion has announced the promotions of A. J. Schmid to senior vice presi dent, Robert W. Fase to vice president, Roger W . Chamberlin to cashier, Joanne M. Hines to assistant vice president and Jane Schroeder to assistant cashier. Nebraska News Illinois News AURORA: Farmers State Bank and Trust Co. has announced the following appointments: Clyde A. Haskins, executive vice president and assistant trust officer; Thomas A. Fausch, assistant vice presi dent, and Jan Messman, cashier. CHICAGO: Richard P. Thorsen has been elected vice president, commercial lending, of Pioneer Bank and Trust Co. BERTRAND: A. H. Walentine re cently retired as president of the Bank of Bertrand after 47 years of service. FALLS C ITY : First National Bank & Trust Co. has announced the following staff changes: Edgar Roesch to director, executive vice president and trust officer; Gary Goll, vice president, and Merle Veigel, vice president and trust officer. GOTHENBURG: Matt Williams has been named chairman and chief executive officer of the Gothenburg State Bank & Trust Co. Other promotions include: Bud Johnson to vice president and Duane Oliver to vice president and head cashier. A good correspondent bank relationship is still built by good people. Yours and ours. Jerry Trudo Asst. Vice President f £ • ROLLING MEADOWS: Insurance * Programmers, Inc., has moved to The Tow er, Suite 720, here.^,^^ Telephone 312/593-3121. Minnesota News • ANOKA: State Bank of Anoka has announced the promotion of Larry Baden to vice president. DULUTH: Larry H. Duncan recently was promoted to assistant vice president and trust officer of the First National Bank. * KERKHOVEN: Paul Strandberg has joined The State Bank of Kerkhoven. He formerly was with a bank in Harmony. * LE CENTER: Roy Engel, cashier, has been elected president and director of the First State Bank, ® Call me toll free . . . 800 332-5991 - Merchants A National Bank 151 C ed ar Rapids. Iowa 52401 A B A N K S O F IOW A' B A N K https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IN HOUSE” COMPUTER SYSTEM H (FOR SMALL TO MEDIUM SIZE BANKS) P300 SERIES OFFICE COMPUTER The Philips P300 o ffice computers are real elec tronic accounting systems offering more flexibility than conventional equipment, plus all the advantages and benefits of modern elec tronic data processing for increased efficiency. Pro grams are stored on convenient mini-cassettes and executed by a fact central processor unit linked to a reliable internal core memory. FLEXIBLE DISK UNIT P3431 The free standing flexible disk unit not only adds substantial new memory capacity to Philips office or small business computer systems, but also provides a new dimension in data processing flexibility and convenience. Access to the information stored on flexible disks is direct and hence extremely fast. FOR MORE INFORMATION CONTACT: DATA BUSINESS EQUIPMENT, INC. OFFICES: 1228 - 2nd Ave., Des Moines, Iowa 50314 (515) 288-3000 625 - 1st Ave. S.W., Cedar Rapids, Iowa 52405 (319) 366-6000 WAUSAU ACCOUNTING SYSTEM 1103 Grand Ave., Schofield, Wise. 54476 https://fraser.stlouisfed.org (715) 359-0427 Federal Reserve Bank of St. Louis BENCHMARK SYSTEMS INC. OFFICES: 3050 Metro Drive, Bloomington, Minn. 55420 (612) 854-6820 7171 Mercy Road, Omaha, Nebraska 68106 (402) 397-3493 802 West Broadway, Madison, Wise. 53713 (608) 251-0363 611 North Lynndale Road, Appleton, Wise. 55411 (414) 731-7601 3289 N. Mayfair Rd., Milwaukee, Wise. 53222 (414) 257-0080 Jt CALL ON THE “PERFORMANCE TEAM” where com m on transactions are handled uncommonly well. ■ FIRST NATIONAL LINCOLN 13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.i.C. succeeding Otto K. Deutschman who had been president since 1973 and will remain a director. Emmett Krenik has been promoted to cashier. Robert Boys, dairy farmer, and Alvin Plucker, grain and live stock farmer from Chancellor, S.D., have been elected to the board. LE ROY: Grant Hawkins, execu tive vice president, was elected president of the First State Bank recently. MADISON: Loren H. Noeldner has been named executive vice presi dent of The Klein National Bank. q ^ M ILACA: The First National Bank has promoted Robert A. Buss from vice president to executive vice president, and Bonna Samuelson to assistant cashier and corporate secretary. MINNEAPOLIS: Effective April Donald R. Grangaard, 58, will ^ R e co m e chairman of First Bank System, Inc., and George H. ® Dixon, 56, will succeed him as president. Mr. Grangaard will con tinue as chief executive officer, a position he has held since 1969. Mr. ^ Dixon was chairman and president ^ of First National Bank of Minnea polis, the holding com p a n y’ s principal bank, until his appoint ment in February, 1976, as deputy ^ secretary of the Treasury by Presi dent Ford. • MINNEAPOLIS: A Bank Market ing Conference, titled The Great Brain Robbery, will be presented March 9 at the Radisson South. Featuring nationally-known mar- keting expert Ray Considine, the conference is sponsored by the Minnesota Bankers Association and the Twin Cities Chapter of the Bank Marketing Association. OSSEO: Northwestern State Bank has announced the following staff changes: Bill Belford, vice presi dent and cashier; Jerry Larson, assistant vice president; Shirley Brinks, personal banking and mar keting officer; Jean Larson, real estate loan officer and Mary Gangelhoff, operations officer. SAUK CENTRE: William F. King has been elected vice president of the First National Bank. Colorado News DENVER: J. Michael Campbell has been appointed senior vice president of United Bank. Montana News “ Montana Agriculture in T o day’s World” is the theme of the Montana Bankers Association’s 28th Annual Agricultural Credit Conference to be held February 10-12 at the Holiday Inn, Bozeman. Some of the topics of discussion will be: national economic policy and its impact on the upper midwest, world grain, economic outlook for livestock, problem areas of financ ing, and update on livestock co operatives. South Dakota News LAKE PRESTON: Verle Pike has been promoted from operations officer to personal loan officer of the Northwestern National Bank here. “They’re surprised when we call them back.’’ “We try to answer their questions right away.” WILMA WEEKS CORRESPONDENT BANK OPERATIONS OFFICER CALL: 712 277-6517 Security National Bank Downtown • Morningside • North side Member FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ben E. Marlenee Coins Over 20 years experience • Appraisals for estates • Purchase of collections • Sale of rare coins E xcellent, lon g stan din g rela tionship with m id western banks. 913 Locust Des Moines, Iowa 50309 Phone 515-243-8064 PIERRE: Mike Denton has joined the First National Bank as auditor. He formerly was with a local accounting firm. Wyoming News BUFFALO: Elvera B. Morris has been elected assistant vice presi dent of the Wyoming Bank and Trust. CHEYENNE: Roger D. Clary has been promoted to instalment loan officer of the First National Bank & Trust Company of Wyoming. 6 , „ Call our Bond Department 4L " For up-to-the-minute, accurate information C o m m er c e t */ _ _ _ o f Kansas O Ba nk NA l 0th anc| Walnut ry Tony Paugoulatos Jim McLaughlin Thomas L. Steffens Bond Representative Bond Representative Asst. Vice President 234-2647 234-2673 234-2462 (816> 234-2000 Member FDIC POSITION WANTED For m ore in fo rm atio n ________ Advanced Appraisal Seminar / San Francisco, California February 18-19 Rural Appraisal School / Columbia, Missouri May 15-21 Rural Appraisal School / Pasco, Washington June 5-11 Farm/Ranch Management School / Bozeman, Montana June 12-17 Farm Management School / Urbana, Illinois June 19-24 Rural Appraisal School / Blacksburg, Virginia June 19-25 Summer Farm Management Seminar / Atlanta, GA & Omaha, NE For more information___ American Society of Farm Managers & Rural Appraisers GRAFTON: First National Bank has announced the promotions of Chester Silewski to vice president, Gary Fisher to assistant cashier and Aldys Benjaminson to insur ance officer. MANDAN: First Northwestern National Bank has announced the following promotions: Robert B. G ood , from cashier to vice president and cashier; Jan Peterr- — ■—— — — — — — — — — — 1 G I G I w ou ld like to sell m y m ajority bank stock. I w ou ld like to buy m a jo rity bank stock. I j son, to assistant vice president and manager of the agribusiness de partment; Ivo M. Rein, to assist ant vice president, and Jacqueline M. Beckler to customer service officer-marketing. Charles E. W alters C o., Inc. TRUST OFFICER Our client, a mid-Minnesota bank, has retained us to assist in the search for a qualified trust officer. This key opportunity wi-ll require development of their trust department. If you have five to seven years trust experience, please contact J. T. Kingston. No fees, we are retained by management. Bank Personnel A Division of PERSONNEL, INC. 2626 Ruan Center Des Moines, Iowa50309 (515) 243-7687 BANK FOR SALE Rural area of Nebraska. Less than $5MM in total assets. Bonafide inquiries only. Write Box DGB, c /o NORTHWESTERN BANKER, 306 15th Street, Des Moines, IA 50309. Toll free 800-362-1615 Correspondent Bank Department 99 Central National Bank 8 -T ru st C om pany DES MOINES, IOWA < AFFILIATED CENTRAL NATIONAL BANCSHARES, INC. 3nMtAed tfefrmcab, $nc. 545 - 31 st Street Des Moines, Iowa 50312 R.L. “ DICK" SELLON**P.D. “ DUANE” DEVAULT 482-16 pocket, good condition, must sell. First $500. Cass County Bank, Plattsmouth, NE. 402/296-3333. LEASE OR SELL Red modular bank building with wood shingled roof, 12’ x 40’ fully equipped. SON CORPORATION, Box 684, Wichita, KS 67201—316/942-8167. SERVING PROFESSIONALLY Banking, Financial & Business Personnel Iowa and Nationwide CAPITAL PERSONNEL SERVICE 204 Securities Bldg. 5 1 5 -2 8 3 -2 5 4 5 Des Moines, Iowa 50309 BANK EQUIPMENT FOR SALE Call on us! “C by W ANT ADS Please Contact: J. Mason Henry, President P.0. Box 1313, Omaha, Nebraska 68101 Phone: (4 0 2 )5 5 3 -6 4 0 0 BANKERS PARTICIPATING / .e a M p lt t H NCR PROOF FOR SALE P.O. Box 6857 / Denver, Colorado 80206 / (303) 388-4858 North Dakota News Ag-oriented banker with solid lending experience seeks new opportunity in Iowa or Illinois. Graduate of School of Banking and Ag Credit School, Ames, la. Resume on request. W rite Box CXR, c /o NORTH WESTERN BANKER, 306 15th St., Des Moines, IA 50309. EDDIE A. WOLF WILLIAM B. RUSSELL G. RAYMOND GREAVES PLAGER SCHNEIDER 2— Burroughs #L5000’s and Automatic Readers #4005. 1— NCR 24 pocket proof machine. 1— Rem ington Rand Chekveyor. Contact: Don Yates, The First National Bank, Syracuse, NE 68446, 402/2692145. FOR SALE NCR model 482-16 pocket proof machine. Purchased new in November, 1972. Used 31/2 years and under continuous service contract. Excellent condition. Farmers & Merchants National Bank, West Point, NE 402/372-5331. BANKERS WANTED TRUST OFFICER—To head small dept, in Minn. Law degree not required. Business development essential................................ $26,000 MARKETING— Requires 3-5 yrs. bank exper. in business development & advertising. Must be a self-starter. Mo. & III.................. $25,000 COM’L LOAN—1-3 years experience in com’l loans exclusively. Prefer Ks. or Neb. na tive ............................................................$16,000 COM’L LOAN—5 years large bank experience required. Kansas.......................................... $20,000 CORRESPON DENT TRAIN EE— Prefer M. B.A. and 2-5 yrs. banking.................................... $16,000 REAL ESTATE LOAN—Several positions from the Dakotas to southern Ks.................$OPEN Please send resume’ and salary history. TOM HAGAN & ASSOCIATES Box 12346, N.K.C., M O 64116 (816) 474-6874 “IT TAKES A BANKER TO KNOW ONE" Vol. 5 No. 41 Northwestern Banker Newsletter is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309. Subscriptions 25 cents per copy, $6 per year. Second class postage paid at Des Moines, Iowa. Address all Digitized FRASER mail for subscriptions, changes of address (Form 3579) manuscripts, mail items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0