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Vol. 15 No. 43
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Des Moines, Iowa
Iowa News
The Iowa Bankers Association is
sponsoring a full-day workshop on
The Tax Reform Act of 1986 and
The Reformed IRA at the following
locations around the state: Feb. 18—
Siebens Forum, Buena Vista College, Storm Lake; Feb. 19—Hotel
Fort Des Moines, Des Moines; Feb.
20—The Highlander, Iowa City and
Mar. 17—Savery Hotel, Des Moines.
Collin W. Fritz, a banking consultant specializing in retirem ent
plans, and Randy Heidmann, a pen
sion specialist and member of Collin
W. Fritz & A ssociates Ltd., will be
the speakers. The registration fee is
$100 for IBA members and $90 for
each additional attendee from the
same institution. For IBA subscrib
ers, cost is $125 and $115 for each
additional attendee and for non-IBA
members, cost is $150 and $140.
* * *
BENNETT: Wendell H. Rensink,
Jr., has moved here to join the Ben• nett State Bank as vice president
and assistant trust officer, accord
ing to Virgil K. Hering, president.
Mr. Rensink formerly was assistant
cashier at Farmers Savings Bank in
• Boyden, where his father, Wendell
H. Rensink, Sr., is chairman and
owner.
BRITT: Robert C. Gopperton has
^ been promoted to executive vice
president of First State Bank. He
has been with the bank for 18 years.
Harold M. Wallen, with the bank
February 9,1987
since 1958, has been promoted to and John C. Smith from loan officers
vice president and cashier and to vice presidents.
elected to the board.
ROCK RAPIDS: The Rock Rapids
COUNCIL BLUFFS: State Bank & State Bank will remain locallyTrust has promoted John R. Tischer owned following purchase of 7,784
and Jerry G. Moritz from vice presi shares (97.3%) of its common stock
dents to senior vice presidents.
by a group of directors and officers
FORT DODGE: Douglas Larson, at the bank at a public auction held
C.P.A., has been elected vice presi at First National Bank of Sioux City
dent, responsible for the trust divi on Jan. 21. George Schneidermann,
sion for First American State Bank. president; Robert L. W itt, senior
He has been with the bank since vice president and cashier; John
Hulshof, vice president (manager
1984.
Little Rock office), and directors Ed
ward
Ladd and Russell Peters make
INDEPENDENCE: Farmers State
up
the
group of new owners. All offi
Savings Bank has promoted Mal
cers,
staff
and directors will con
colm G. Risk to vice president &
tinue
in
their
positions.
cashier & assistant trust officer;
Roger D. Johnson to vice president WEBSTER CITY: On Feb. 2, the
and trust officer, and Donald R. First State Bank of Webster City
Clevenger to vice president and completed a merger with the Farm
manager of the Lamont office. The ers State Bank of Stanhope. Norm
bank also announced the retirement Skadburg, who has served as presi
of Richard B. Fiester from vice dent of the Webster City bank since
president and trust officer, after 29 1981 and president of the Stanhope
years. In addition, James R. Smith, bank since 1984, will continue as
vice president, and Duane Smith, as president of the merged bank. The
sistant cashier, have left the bank to bank will have offices at 505 Second
pursue outside interests.
St. and 1919 Superior St., Webster
City; and Park and Parker Streets,
MAPLETON: Gary W. Thies has Stanhope. As of Dec. 31, 1986, the
been elected as president and chief bank has assets of $74.5 million,
executive officer of the Mapleton deposits of $66.9 million, loans of
Trust & Savings Bank, succeeding $37.5 million and equity capital and
James G. W hiting, who will con reserves of $6.2 million.
tinue as chairman. Mr. Thies has
been with the bank since 1961.
WEST DES MOINES: W est Des
POCAHONTAS: C itizens State Moines State Bank has announced
Bank has promoted Stephen Baade the promotion of seven officers to
Together We Can
Accomplish Great Things
Call Dave McQuown, MNB Correspondent Banker
319-398-4837 or Toll Free 1-800-332-5991
The"
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Strength
Eastern
|owa
Merchants National Bank
Cedar Rapids. Iowa 52401
BANKS OF IOWA BANK
Norwest Bank Des Moines, N.A.
NORW ESr BANKS
Call (515) 245-3131 or toll-free (800) 362-2514
Member FDIC
Teamwork:
one of the reasons
we’re first in Iowa.
Mark Conway
Dorothea Wolfe
new positions and the election of six
new officers. Promoted were: Joyce
A. Chapman from vice president-ad
ministration to senior vice presi
dent-adm inistration; W illiam J.
Duma from first vice president to
vice president; Richard C. Finley
from first vice president to vice
president-consumer lending; Sharen
Surber from cashier to vice presi
dent and cashier; Alice A. Jensen
from first vice president to first vice
president-assistant trust officer;
Kay A. Trager from assistant cash
ier to second vice president-opera
tions, and Dan L. McNace from as
sistant cashier to second vice presi
dent. Elected to second vice presi
dent status were: Mary J. Anderson;
Penny R. Beier, auditor/credit analy
sis; Lyn J. Fair, marketing; Sherry
S. Levine; Ronald A. Phillips, and
Donald R. Stone, assistant trust
officer.
LOUP CITY: Sherman County
Bank of Loup City has announced it ^
plans to take over the Dannebrog w
Credit Union, pending regulatory
approval. The credit union opened in
April 1985, following the failure of
the State Bank of Dannebrog.
^
SIDNEY: The Sidney National
Bank has been purchased by Mr.
and Mrs. Charles R. Leffler, Sr., and
Mr. and Mrs. Charles R. Leffler, Jr.,
sole owners of Sioux National Co.,
the holding company that owns
Sioux National Bank of Harrison.
The two banks are being merged as
Security National Bank, with headquarters in Sidney and Sioux National continuing as a branch in Har
rison. Charles Leffler, Sr., will be
chairman and president. Charles
Leffler, Jr., and Robert C. Conrad
will be vice chairmen. Mr. Leffler,
Jr., continues as president of Securi
ty State Bank in Holbrook, owned
separately by the Leffler family, but
moved to Sidney last weekend. Mr.
Conrad was chairman and president
of Sidney National Bank and will
continue in an active role with the
newly-merged bank. Wayne Hoskinson will continue as president of the
branch in Harrison. All other per
sonnel at both banks remain the
same. The new bank has approxi
mately $50 million in assets.
Almen & A ssociates, a Chicagobased consulting firm specializing in
research, training and communica
tions programs for community
banks, is the featured speaker. Re
gistration begins at 11:30 a.m. fol
lowed by a luncheon at noon. The
general session will be held from
1:00 to 4:00 p.m. Advance registra
tion fee is $50 per banker. Registra
tion after Feb. 18 will be $70.
* * *
The N BA ’s Supervisory Develop
ment Workshops will be held Mar. 4
at the Lincoln Comhusker Hotel and
Mar. 5 at the North Platte Holiday
Inn. Dr. Richard M. Robl from
Hutchinson, Kan., will speak on the
skills of being a supervisor. Back by
popular demand, he has consulted
with banks and other businesses on
supervision, wellness and stress
management for the past 11 years.
Minnesota News
Advance registration fee is $70 per
BLAINE:
W. Norman Swenson has
WINTHROP: Lee E. Bossom has bankers. After Feb. 25, cost will be
been
elected
president of First Bank
$90
per
registrant.
been named president of the Peoples
Northtown.
He succeeds Janet J.
State Bank, replacing Ted L. James, AINSWORTH: Commercial Na
Smith,
who
has joined FBS Card
who has retired, but will remain on tional Bank has promoted Michael
the board. Mr. Bossom joined the D. Kreycik from assistant vice presi Services, Inc., the credit card servic
ing subsidiary of First Bank Sys
bank in 1986.
dent to vice president.
tem. Mr. Swenson has been with
HOLBROOK: Reg Warner has been First Bank System since 1966.
Nebraska News
The Nebraska Bankers Associa advanced to executive vice presi DULUTH: Bruce P. Wagner has
tion’s 1987 Marketing Conference dent and chief operating officer at been elected president and member
has been planned for Feb. 25 at the Security State Bank.
of the board of Norwest Bank Du
Kearney Holiday Inn. “Competing LAVISTA: David G. N utty has luth, succeeding Robert M. Fischer,
Against the Non-Banks...Now What been promoted to vice president of who is retiring. Mr. Wagner m ost
Do We Do?” is the theme of the con the Brentwood Bank of LaVista. He recently served as senior vice presi
ference. Jack Hubbard of Von joined the bank in 1986.
dent in charge of retail banking for
the bank.
For Professional Correspondent Service
Call 1-800-622-7262
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JAMES F. MacLEAN
Vice President
H. PETER DeROSIER
Vice President
®
^
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#
®
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MINNEAPOLIS: Norwest banks in
Redwood Falls, Tracy and Slayton, •
Minn., were sold Jan. 26 to banks
owned by Minnesota Valley BancShares, Inc., a new bank holding
company. Chairman of the holding
company is John A. McHugh, a e
Minneapolis attorney and a former
president of Norwest Bank Minnea
polis. The agreement to sell the
banks was announced a year ago. A
week earlier, Norwest concluded the ®
previously announced sale of its
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OWNEP BY BANKERS
SERVING BANKERS
S-1 E.V.P .— Eleven years of experience, has attended numerous
banking schools, and expertise in all areas of banking. "An ex
tremely motivated, bright individual who can communicate with
anyone,” quoting his former V.P. “ Knowledgeable, fair and
honest,” were all comments made by a reference. U. of IL grad.
$40,000.
S-2 CEO— “ I’d hire him back in ten seconds,” quoting a former
employer. Has been managing a staff of twenty two, all opera
tions of a 25MM bank, along with overseeing a 17MM loan port
folio. An outstanding leader with excellent credentials and
becomes involved in the community. College grad. $50,000.
S-3 A/C L.O.— “ Proficient with the computer, works in the farm
credit program and handles the farm checking system. “ Like
able, no bad habits, and he presents himself very well,” ex
pounded a former supervisor. This individual works when it isn’t
required and customers go out of their way to work with him. UNI
grad. $ 10, 000.
S-4 AG L.O.— “ Never question his documentation ability because
it has to be extremely good for our high requirements,” accord
ing to his dept head. This individual trains new account officers,
supervises five account officers, and has a total asset portfolio of
180 credit lines representing 10.5MM. Complete familiarity with
collections and workouts. Waldorf grad. $20,000.
S-5 V/P COMM— Fourteen years of banking experience. Commer
cial, consumer and ag loan experience. “ He’s timely and has a
good rapport with customers and the staff,” according to a refer
ence. This individual likes challenges and goals set before him. A
real go getter. Knows what can be done and what can’t be.
Southwest State University grad. $33,000.
S-6 CONSUMER L.O.— A people person. Very good at working out
payment arrangements. Has a great deal of integrity. “ Excellent
employee, good at credit analysis, and makes good decisions,
according to V.P. Three years bank exp. $22,000.
j-7 SR. OFFICER— Has served as #2 person in $20mm bank for
past 10 yrs. Handles $11 mm loan portfolio. Strong ag lender,
successful in workouts and collections and works in operations,
compliance and insurance areas as well. B.A. degree, graduate
school of banking and ag credit school. $35,000.
j-8 PRESIDENT/EVP— Accomplished banker offers well-rounded
experience in ag and commercial lending and bank man
agement. Former employer states; “ Very profit oriented; ran the
bank like he owned it and gives it 100%. As good a lender as I’ve
seen.” Now responsible for over $30mm in ag and commercial
lonas. ISU grad. $45,000.
J-9 VICE PRESIDENT— An up and coming young banker who is
ready to advance his career after six years of hands-on experi
ence in a mid-sized IA bank. References praise his dedication
and ability. “ Very self-motivated...really a ‘doer.’ Likes his work
and keeps on top of things...VERY strong in ag lending, but also
knows his way around business and installment loans—he’s been
exposed to everything here and he learned quickly.” Another re
ference states, “ SUPER responsible, professional, and good PR
skills. Has proven ability in credit judgment and also understands
the operations end. Definitely management material!” Degree in
Finance, holds insurance licenses, and Ag Banking School grad.
$27-$30,000.
j-1 0 SR. OFFICER— “ Really has what it takes in banking today; he
knows lending inside-out, and an effective and well-liked man
ager of staff,” reports one reference. Over 10 years with same
bank, in charge of $15mm ag loans in $80mm bank. Shares com
mercial loans, operations and administrative duties as well. M.S.
Ag Econ., extensive bank schooling. $48,000.
J-11 C.E.O.— President of $16mm ag bank, handles all loans,
bank management and some investments. Prior experience in
correspondent and trust areas. Former supervisor states, “ I wish I
could have taken him with me when I left that bank; now I’d be
afraid to hire him if I could...he knows more about running a bank
than I do!” Very polished individual with strong communication
skills. B.S. Economics, graduate school of banking. $45,000.
J-12 ASST. V.P .— Has 4 years experience as ag rep in small coun
try bank. Works with all types of loans, and helps with operations.
Graduated ISU with honors, and attended Ag Credit School.
“ Good with documentation, and really grinds through the work
load.” $24,000.
J-13 AG LENDER— "A dedicated and conscientious worker...pays
attention to detail,” quoted one supervisor. Three years with Farm
Credit System, plus previous experience in ag sales. A co-worker
describes him as “ a smooth and intelligent young man who has a
thorough knowledge of ag lending.” B.S. Ag. $27,000.
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 hunting, 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
won’t 1hound9 you with phone calls or sflood9 you
with resumes, and there is no fee unless you hire.
SANDI GARNER
515/394-5827
Hwy. 63 S.
New Hampton, IA 50659
BANKERS AVAILABLE
J-14 V.P./AG— “ Has really done well in solving some major ag
loan problems, and knows how to work with people to get
results,” was one references opinion about this young banker.
Offers five years as ag lender with major holding company, and
two years as V.P. of $30mm independent bank, handling prob
lem ag loan workouts. A co-worker relates, “ Has experience in all
areas...really works well with farmers. Always thinking before he
speaks and his adept at handling tough situations.” B.S. Busi
ness Admin. $32,000.
S-15 A/C—“ I have nothing but good things to say about this indi
vidual...he’s ambitious, conscientious, a pleasing personality and
a team player,” quoting the president who originally hired him.
This party is excellent with customers, straight forward but not
abrasive. Just not challenged enough where he is at. Wrote a
program to put the bank’s budget on the computer on his own
initiative. $21, 000.
S-16 AO L.O.— Has four years of lending experience. Handles
tough situations well and is very knowledgeable in ag credit.
Picks up strengths and weaknesses in credit situations very easi
ly. A very positive attitude and gets along with customers and
associates very well. Motivated candidate who wants to succeed!
Southwest State University grad. $25,000.
S-17 AG L.O.— Familiar with all aspects of ag lending from begin
ning to end. Responsible for 3.5MM in ag loans where at present
ly. Strong ag background with degree emphasis in ag lending
and bank operations. Lots of incentive...wants to get involved
and do the job. Always trying to learn new things. “ Fits in really
well wherever he goes,” related a reference. $22,000.
S-18 L.0. & INS AGENT— Six years of experience working with the
insurance agency and personal, ag, FmHA, and home improve
ment loans. Does comparison and analysis of financial state
ments on the computer. This individual has all of his insurance
licenses. A great employee. $10,000.
S-19 AG REP.— Presently working at a $25MM bank and oversee
ing ag consumer and commercial loans. “ Documentation is ex
cellent and he’s good in credit analysis,” relates V.P. of bank.
FmHA guarantees are part of his daily work load. Very easy to get
along with...good attitude. Degree in banking. $10,000.
S-20 CASHIER— Extremely good with numbers. Enjoys working
with the computer, does call reports, and profit and loss state
ments. He offers ten years of exp. Reference says “ A good
number cruncher.” Completed various banking school courses.
Grad, with a double major in business and econ. $20,000.
J-21 AG LOAN OFFICER— Spent three years with PCA before enter
ing banking 2 years ago, as ag rep in $25mm bank. Reference
says: “ Very professional manner and appearance...thorough, or
ganized, excellent on documentation...EFFECTIVE and hard
working, and knows how to handle responsibility.” ISU Grad,
$30,000.
J-22 AG LENDER— Responsible for $6mm in ag loans. Strengths
are in loan analysis, workouts, and rates
in customer relations.
Three years with Farm Credit Services handling short term loans.
“ Follows through on things, and can spot a poor-risk loan...out
going and self-confident, he’ll get involved in the community rep
resent a bank well...A qualified ag lender with good potential to
learn commercial lending,” says references. Prior experience as
commodity broker, good computer skills. B.S. Ag Econ. $20,500.
J-23 VICE PRESIDENT— Currently employed in $30mm bank, han
dling ag loans and a share of commercial and consumer loans.
Formerly with FCS, where his responsibilities included ag loans,
712/779-3744
92 W., Massena, Iowa 50853
DigitizedHwy.
for FRASER
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
collections, refinancing and office management. Former supervi
sor at PCA relates, “ Diplomatic in stressful situations and good on
collections, he’s well-liked by co-workers and a valued em
ployees.” Degreed. $20,000.
S-24 ASSIT/CASH— A college graduate with seven years of bank
ing experience. Coordinates all loan activity internally. Does bank
call reports and assembles and enters daily loan volume into the
computer system. Implemented a employee communication pro
gram successfully resulting in better communications between
management and employees which resulted in a marketing tool
used by bank management. A good employee! $23,000.
S-25 AVP— “ Loan contracts proved to be sound that he negoti
ated,” they were analyzed well and good decisions were made,”
according to this individual’s former supervisor. Farm Credit and
bank experience combine to make this candidate and excellent
employee. Three years of experience in all facets of lending with
emphasis in agriculture. This self starter is an ISU grad. $20,000.
J-26 AG LOAN OFFICER— Currently in charge of decreasing ag loan
portfolio in small rural bank; also handles few installments. Has 2
yrs. previous experience with FmHA, which has added to his suc
cess in processing guaranteed loans. References say, “ Very
smart cookie! A real stickler on cash flows and detailed financial
statements...good personality; customers accepted him very
quickly in this ‘close knit’ community. Very conscientious ; always
the first to arrive and the last to leave the office.” B.S. Ag.
$23-$25,000.
J-27 VP BANKING— Currently AVP for major holding company, in
charge of $6mm ag loans. Five years previous experience with
FCS as a short term lender. Former supervisor recommends him
highly; "A very successful ag lender, and his organizational skills
are a big key to that success. He’s a hard driver who can churn
thru paperwork to close the deal, and doesn’t overlook details.
Very personable; has maturity and poise beyond his years. A
good communicator.” B.S. Ag, ISU. $30,000.
J-28 VP/AG DEPT. HEAD— Has been responsible for major portion
of large volume ag credit lines for major bank chain for past 5
years. As manager of the ag dept., he decreased substantial
volume of problem loans while maintaining high standard of
credit quality on existing portfolio. Directed the completion of
credit analysis, field inspections and documentation. Supervises
2 loan officers. Active in community and banking organizations.
Excellent references. B.S. Ag Econ. Open on relocation. $30,000.
J-29 VICE PRES.— “ Qualified and competent; equipped to handle
responsibility,” says co-worker about this aggressive young
banker. Heavy in ag lending, but involved in other areas also.
“ Documentation and people skills are two of his strengths. Made
FHA guarantees work, forceful when situation calls for it, but not
overbearing. Great attitude,” states reference. B.S. Bus. Mgmt.,
Ag Credit School, Principals of Banking, Installment Credit
schooling, FmHA Approved Lender, insurance licenses and
good computer skills. $30,000.
J-30 SR. VICE PRES.— Second in-charge of $35mm bank. Handles
$10mm in ag and commercial loans. Recovered loans thought to
be in loss status, works with FmHA and SBA guaranteed loans
and restructuring credits. Over 12 yrs. in banking, strong PR
skills, and gets involved in community. B.S. Ag Econ. from ISU,
graduate of Am Bankers Assoc. Grad School of Ag Banking,
holds insurance licenses. $30,000.
agri carers, inc .
515/394-3145
Hwy. 63 S., New Hampton, Iowa 50659
3
C all o n th e “ E x p e rie n c e d P ro fe s s io n a ls ”
Ready to m eet your correspondent needs.
^ F irs T ie rM a n k
Lincoln
13th & M Streets, Lincoln, Nebraska 68501
Firslier Bank, N.A., Lincoln, Member FDIC
banks in Montevideo, Ortonville,
Dawson and Luverne to Minnwest,
Jnc., a newly-formed bank holding
Company founded by M.D. McVay,
retired president of Cargill, Inc., and
a former director of Norwest Bank
Minneapolis.
•MINNEAPOLIS: First Bank Sys
tem has appointed the following to
vice president status: John J.
Gozola, special projects, audit and
examination; Michael A. Miller, con
sum er and community banking,
audit and examination, and Debra
L. Smith, human resources.
PLYMOUTH: Roger M. Janikowski
Jaas been elected president of First
oank Plymouth, and manager of its
small business division. He succeeds
James Sherard, who took a banking
position in W ashington, D.C. Mr.
jan ik ow sk i joined the bank in 1978.
Illinois News
CHICAGO: Robert R. Yohanan has
been elected president, chief operat
in g officer and a director of Lake
Shore Bancorp., Inc. He was also
elected president and COO of the
w holly-ow ned subsidiary, Lake
Shore National Bank. Since 1984, he
S ia s managed the assim ilation of ac
quired institutions, most notably
American National Bank.
SPRINGFIELD: Larry A. Burton
j ia s been promoted to senior vice
president and chief financial officer
of the First National Bank of
Springfield. He joined the bank in
1979. In addition, Albert J. Gardner
j ia s been promoted to vice president
and chief trust officer and head of
the trust division. He joined the
bank in 1984.
#
North Dakota News
The North Dakota Bankers A sso
ciation will sponsor a one-day work
shop on Bankruptcy to be held Feb.
27 at the Radisson Hotel, Fargo.
®James T. Burghardt, partner with a
Denver
law firm, will present the
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
seminar. A special session on Chap Affiliated. Both the Lovell bank ac
ter 12 will be included in this work quisition and the stock issuance are
shop. Registration fee is $95 per par subject to regulatory approval and
ticipant. After Feb. 17, cost will be are expected to occur late in 1987.
$115 per person.
As a result of these transactions,
VALLEY CITY: First National ABC Financial Corporation and
Bank of Valley City has named Jack Oren L. Benton will become the
Marthaler as senior vice president, largest stockholders of Affiliated.
and Mike Killoran as vice president EVANSVILLE: Jay F. Bordewick
and ag loan manager. Both officers has been named president and chief
joined the bank in 1984.
executive officer of Equality Bank
of Evansville. He has been in senior
Wisconsin News
management positions with several
GREEN BAY: Mary J. Marquis has Casper banks prior to this appoint
been promoted to vice president at ment.
Valley Trust Company. She became
associated with the company in
Colorado News
1973.
DENVER: The FDIC has approved
LAKE MILLS: Gary C. Vande the assumption of the deposit liabili
Zande has been promoted to senior ties of First Charter Bank, Denver,
vice president of the Greenwood’s by Century Bank and Trust, Den
State Bank. He joined the bank in ver. The bank was closed on Jan. 15
1977. Promoted to vice president by Colorado State Bank Commis
and cashier, Mary Lou Treptow has sioner Richard B. Doby, and the
been with the bank since 1962.
FDIC was named receiver. The
failed bank’s only office reopened
Wyoming News
Jan. 16, as a detached facility of
CASPER: Affiliated Bank Corpora Century Bank and Trust, which will
tion of Wyoming has announced an assume about $9.0 million in 1,900
agreement to acquire The First Na deposit accounts and has agreed to
tional Bank of Lovell from Mr. Oren pay the FDIC a purchase premium
L. Benton of Denver, Colo. In a re of $81,000. It also will purchase cer
lated transaction, Affiliated has tain of the failed bank’s loans and
agreed to issue new common stock other assets for $6.3 million. To fa
for cash to ABC Financial Corpora cilitate the transaction, the FDIC
tion, a company led by John C. Am will advance $2.7 million to the as
man. Together with the acquisition suming bank and will retain assets
of the Lovell bank, this represents of the failed bank with a book value
increased capital of $11.7 million in of about $3.2 million.
Inquire about FLEXO-PAY®
■ a co m p u terized b illing /cred it sy ste m
■ g e n e ra te s additional incom e from
p re s e n t sta ff and eq u ip m en t
■ m ean s o f in creasin g y o u r local
co m m ercial b u sin e ss
■ plan d ev elo p ed b y b a n k e rs fo r b a n k e rs
CALL:
1-800-772-2411
WRITE:
L eR oy B ell
T h e N ational B ank o f W aterloo
R O . B ox 90,
W aterloo, IA 50704
4
Capital improvement plans
and other management services
NEW OPPORTUNITIES
AG LOAN OFFICERS with two or more years experience V
SW ORDS ASSOCIATES. INC.
PROFESSIONAL BANKING CONSULTANTS
4900 OAK
SUITE 301 KANSAS CITY, MO 64112
(816) 753-7440
and college degree for banks in $60 million range in East
ern and Northwestern Iowa and Illinois. .Salary to $30,000
COMMERCIAL LOAN POSITIONS in m ajor Iowa cities.
Prefer college grads with two to five years experience. . . .
............................................................................Salary to $35,000
LOAN REVIEW POSITION for prestige banking o r g a n iz a - ^
tion located in area of 350,000.................... Salary to $30,000W
INSTALLMENT LENDER with 3 or more years experience
for$60 million Iowa bank.......................................... To$25,000
Financial Careers
(Division of Freeland Financial Service, Inc.)
1010 Equitable Bldg. Des Moines, IA 50309
515/282-6462
Employer pays fee.
|
Please contact Lorraine Lear concerning these and other
Midwest banking opportunities.
POSITIONS AVAILABLE
VP OPERATIONS— need 5 + years of cashier ex
perience including som e E.D.P. experience.
$60MM bank. Central Iowa. Mid $30s.
AII fees are paid by our client employers.
SHARP TELLER MACHINES
New or R econditioned
Call: Bankers Equipment
612-890-6661 or
1-800-328-4827 ext. 1905
OPERATIONS OFFICER. Excellent opportunity for indivi
dual looking for a growth oriented bank. Prefer minimum
of 5 years experience with micro com puter training. Bank
moving to Ames, IA. Send resume to or contact Joseph R.
Simmens, Pres., Am erican State Bank, Box 367, Roland, IA
50236. (515) 388-4331.
(PA)
RES. LENDING PRODUCTION MANAGER. $875 million
Des Moines, Iowa bank is seeking individual with 5 years
retail lending/underwriting exp., thorough knowledge of
FN M A /G NM A, FHLMC, VA and conventional loans, and
ability to solicit loans and develop m arkets in multi-state
region from organization offices and a correspondent net
work. $45K. Send resume to Annette Horras, Employment
Specialist, United Federal Savings Bank, Locust at 4th,
Des Moines, Iowa 50309.
(PA)
Richard L. Beam, CPC
GUMBERT EXECUTIVE EXCHANGE, INC.
11246 Davenport Street
Omaha, NE 68154
Phone: 402/330-3260
Member National Personnel Associates
We’re Nationwide
POSITIONS AVAILABLE
PRESIDENT
Are you a hard-charger needing to put mgmt skids to bet
ter use? Join this top-performing bank in N MN and watch
your efforts be rewarded! Qualified applicants w ill pos
sess 5 + yrs coml lending exp and proven leadership abili
ties.
To$60K.
Job #NW1123.
FOR SALE
Position open for an experienced AGRICULTURAL LEND
ING OFFICER. Insurance and accounting background
COMMERCIAL LENDER
RECONDITIONED
BRANDT Coin Sorters-Counters
BRANDT Currency Counters
beneficial. Send resume and salary requirements to Ar
nold Leen, Citizens State Bank, Box 126, W aterville, MN
56096.
(PA)
New Warranty
402-571-5577
Peoples Savings Bank needs #2 PERSON with lending &
operations experience & com puter interest. Insurance
licenses a + . Good town & great staff. Contact Bill Bernau, Box 128, Crawfordsville, IA (319)658-2131.
(PA)
Tired of being overlooked by mgmt? This position will lead
you to the advancement your career needs! $45mm bank
less than an hour from Mpls seeks 2 + yrs coml lending to
play a generalist role. Ownership available!
To $35 K.
Job #N W 1122.
POSITIONS AVAILABLE
WANT TO BUY
AG LOAN OFCR
Not in line for #1 job? Here’s your chance to get back on
track! $20M M ag bank seeks 5 + years bank ag for #2 spot.
$28K.
PRESIDENT
Career maker. Clean bank in prosperous ag area looking
for fast tracker who has lending, ops and ins for $10M
bank.
$35K.
COMM’L LENDER
Put yourself in the spotlight. High visibility and quick pro
motions. 3 years com m ’l for growing bank in aggressive
mkt.
$30K + .
SR. VICE PRESIDENT
Can’t lose position. Senior mgt position in comml/Ag
bank. Must have well-rounded background, supervisory
and 5-10 years of exp.
$45K.
«2
Fantastic location offers best of both worlds. Must enjoy
small bank but looking to enjoy city atmosphere. SBA,
FHA and operations exp in healthy bank.
$25K.
TRUST OFCR
Fast growing Illinois bank offers growth potential and ex
cellent benefits. 3 + years of trust exp in mid sized dept
reg.
$36K.
FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS
317 6th Ave, Ste. 650
Des Moines, IA 50309
(515) 244-4414
ALL FEES COMPANY PAID
LATE MODEL IH OR JD TRACTORS ft FARMING EQUIP
CASHIER
jjt
•
In a dead-end job? Take advantage of this terrific opty! S
MN bank desires 3 + yrs operations exp to mge teller,
bookkeeping & proof areas. Hot! To$30K. Job#NW 1121.
FOR MORE INFO RM ATIO N
CONTACT PAUL GENTZKOW
OR JEAN TODD
MENT. Contact Grinned Implem ent Store, Box 45, Grinned,
IA 50112. (515) 236-3195
(WTB)
Good, used brand COIN COUNTER ft PACKAGER. Cad Lee
at (319) 935-3364.
(WTB)
3636 IDS Center
M inneapolis, MN 55402
(612) 339-9001
Estate A ppraisals
Purchase of
Collections
Sale o f R are Coins
Reliable and respected service
for over 20 years
Used by bankers
throughout the midwest
Ben E. Marlenee
Coins
913 Locust
Des Moines, Iowa 50309
515-243-8064
ALL FEES COMPANY PAID
POSITIONS AVAILABLE
CASHIER - $25MM Ag Bank. Requires background with in-
house m inicomputers and some knowledge of Agri Loans.
$30Kq
PRESIDENT - Agri Bank with problem loans. Should have
administrative experience and solid Agri Loan skills. $40K
OPERATIONS - manage department of 35 for large urban
bank. Experience with deposit accounting and account
services required.
$38K
AGRI LOAN - community bank with large Ag portfolio.
Seven yrs. or more Ag Lending experience needed.
$35K A
COMMERCIAL LOAN - large suburban bank with $100MM
loan portfolio. Degree and minimum 3 yrs. comml lending
experience with six figure credits.
$32K
Additional positions available in Midwestern states.
TOM HAGAN & ASSOCIATES
2024 Swift - Box 12346
North Kansas City, MO 64116
816/474-6874
A
^
“Serving the Banking Industry Since 1970”
Vol. 15 No. 43 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
St., #201, Des Moines, Iowa 50309.
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