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Vol. 12 No. 37 Des Moines, Iowa To Cope with Heavy Competition— Community Bank Executives Have an Opportunity to Sharpen Their Skills T A TIME of heavy competition A when they are being called upon to display genuine leadership for their communities, their staffs and stockholders community bank ex ecutive officers have an opportunity to sharpen their management skills with their peers through the unique Community Bank Executive Devel opment Program being offered by the American Bankers Association. This program for CEOs, devel oped by CEOs who make up the membership of A B A ’s Community Bankers Council, was presented for the first time last spring in Williamsourg and was so well received that ABA is offering it again, using three locations, to make the program more easily accessible to greater numbers of executive officers. Fortunately, for upper midwest bankers, the first of these three sessions will be held conveniently at the Hyatt Regency Hotel in Minneapolis, March 5-8. The other two will be March 25-29 at Colonial Williamsburg Lodge, and April 9-12 at the Red Lion Motor Inn-Jantzen Beach, Portland, Ore. John K. Moore, chairman of the ABA Community Bankers Council and chairman and CEO of the Beach Bank of Vero Beach, Fla., said “ Bankers who attended the first ses sion last spring in Williamsburg re ported they truly felt better equipped to run their banks after they had completed this intensive program.” The objective of the three one-half day session is to provide CEOs with the opportunity to analyze strategic issues, to use these analyses to strengthen their decision-making abilities and to develop their funds management and people manage ment skills. That is why the pro gram is designed specifically for CEOs, presidents and chairmen of community banks, but is open also to executive officers expected to assume bank top leadership roles in the near future. The immediate value of this special CEO Conference is evidenced by the array of program topics selected by CEOs for discussion with their peers: • Keynote address: “ The CEO in Today’s Banking Environment” — Thomas R. Smith, president, Fideli ty Brenton Bank & Trust Company, Marshalltown, la. • S trategic Planning: U nder standing It and Making It Work. • Asset Liability Management: January 2,1984 Theory and Application. • Successful Market Penetration: Two concurrent sessions—Product Development and Pricing; Promo tional Techniques and Selling Con sideration. • Human Resources Management: Two concurrent sessions— Stress Management; Working with the Board of Directors. • M icrocom puters—4-hour ses sion covering evaluation of hard ware and software, using micros as a sales tool, and advanced spread sheet analysis. • Office Automation for Survival: Free Yourself to Be That Personal Banker. • Approaches and Solutions to Your Job. Other speakers include: Jim Cathcart, award-winning author; Robert D. Dye, corporate vice president, Financial Shares Corp., Chicago; Tom Farm, president of Aurora Systems Inc.; Craig Hartman, presi dent and CEO of Plansmith Corp.; R o b e r t L o n g , p r e s id e n t o f Microbanker, Inc., research letter. Dale D. McConkey, professor of management, University of Wiscon sin; George M. Morvis, president of Financial Shares Corp., Chicago; Ira Nathanson, director of marketing, Affiliated Bank Group, Chicago, and Alan R. Tubbs, president, First Central State Bank, DeWitt, la. Time will be provided for round- ASK JOHN MANGOLD to make MNB work for you. Toll free: 1-800-332-5991 Merchants National Bank isi Member F.D.I.C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A BANKS OF IOWA BANK Norwest Bank Des Moines, N.A. M k H ummmm ummmm mm ymm NORWEST BANKS Call (515) 245-3131 or toll-free (800) 362-2514 Member FDIC The Nebraska Bankers Associa tion will move its offices on January 7 to 525 South 13th St. in downtown Lincoln. The phone number remains the same. T e a m w o rk: one o f the reasons we're firs t in Iowa. Dorothea Wolfe Bernie Kersey table sharing discussions. Complete information and regis tration forms may be obtained from state banker associations or from Meg Battle at the A B A Community Bankers Council, 1120 Connecticut A ve., N.W ., W ashington, D.C. 20036. Her phone number is 202/467-4013. □ Iowa News DES MOINES: Hawkeye Bank & Trust is sponsoring a 12-session seminar entitled, “ Sales Skills For Survival,” to be held once each month during 1984. The seminar will begin January 18 from 6:30-7:30 p.m. at the Botanical Center in Des Moines. Fee per person for the 12 sessions is $195, with more informa tion available from Hawkeye Bank & Trust, 2401 University, Des Moines, Iowa 50311; phone 277-6441. James E. Robertson, a well-known practitioner, will be the guest in structor. FORT DODGE: Eugene D. Knop has been elected senior vice presi dent o f First National Bank effec tive January 1. He will head the ag ricultural business segment of the bank, working with Mark Telleen Don't gam ble when choosing o correspondent bonk. Com e to the professionals. UNITED CENTRAL BANK OF DES M O IN ES . N A ■ M E M B E R FDIC ■ (S1S) 24 5-7 11 1 AFFILIATED W IT H UNITED CENTRAL BANCSHARES, INC. TOLL FREE NUMBER (800) 362-1615 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis director of banking John Miller con tinues as special assistant in charge o f cleaning up the Commonwealth Savings Co. problem. and Gerry Rupiper. Mr. Knop has been active in farming all his life, holding management positions with PCAs in Ida Grove and Storm Lake from 1963 to 1969. He has served the last 14 years in the ag depart ment of Ida County State Bank, Ida Grove, and the last three years as department head. HILLS: Hills Bank and Trust Com pany has agreed to purchase sub stantially all of the assets of uniBank & Trust, Coralville, subject to approval by uniBank shareholders and regulatory authorities. No pur chase price has been disclosed. Hills Bank and Trust has assets totaling approximately $137 million, and op erates a full-service office in Iowa Ci ty. The assets of uniBank that Hills Bank has agreed to purchase will to tal approximately $23 million. If the transaction is approved, uniBank’s present Coralville and North Liber ty facilities will become offices of Hills Bank, and the uniBank office in Iowa City will be closed. Nebraska News Roger Beverage, 38, a Lincoln at torney and former executive vice president of the Nebraska Bankers Association until June, 1982, has been appointed director of banking by Nebraska Governor Kerrey. He succeeds Paul Amen, who resigned that post several weeks ago. Interim Minnesota News The Minnesota Bankers Associa tion presented a two-day Microcom puter Training Workshop November 30-December 1 that not only had full registration but a waiting list. Due to the number of people still wanting to attend, the M B A has scheduled another workshop for January 18-19 at the Sheraton Ritz in Minneapolis. Thirty computer terminals will be installed at the hotel facilities to provide “ hands on” experience for every participant. Program for the two-day session will be presented by Thomas Farin, president of Aurora Systems o f Madison, Wise. LAK EFIELD : The board of direc tors o f First Bank here has elected Eugene H. Ormberg president and chief operating officer and Elden W. Ranee chairman and chief executive officer. Mr. Ranee, who is also presi dent and managing officer o f First Bank Worthington, has served as CEO in Lakefield since September. Mr. Ormberg most recently served as vice president and manager of agricultural lending at First Bank Worthington. Illinois News CH ICAG O : Am erican National Bank of Arlington Heights has an nounced the promotion of Robert L. Riter to president and James D. Brenner to executive vice president. Mr. Riter joins the bank from Ameri can National Bank and Trust of Chi- Recipe for success.. \ Send Your News Today to th e NORTHWESTERN BANKER TELL US ABOUT. . . “ 306 Fifteenth Street DES M O IN ES, IOWA 50309 Staff Changes Business Campaigns Mergers, Consolidations New Departments at the Bank Remodeling or New Building * # 9 ft ft ft ft BANK .... ................... ................................................................. OFFICER ............................................................................. TITLE CITY https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis STATE Open Houses Anniversary Parties Deaths or Retirements Speeches Made by Bank Officers Special Announcements to the Public https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 CALL ON THE “PERFORM ANCE TEAMI” where common transactions are handled uncommonly well. FIRST N A T IO N A L LIN C O LN 13th & M Street • Lincoln. Nebraska 68501 • M em ber, F.D.I.C. cago, where he served as vice presi dent. Mr. Brenner joins from Amal gamated Trust and Savings Bank where he served as senior vice presi dent in commercial lending. li # ê GREENVILLE: An agreement has been signed for the sale of controll ing interest in the First Bank and Trust Company here by the Jim Jackson family to Second Illinois Bancorp. Inc., announced W. Wayne Robertson, president of the bank. The recently formed bank holding company is also acquiring controll ing interest in the Farmers and Mer chants Bank of Vandalia and the First Bank and Trust Company of O’Fallon, which are also owned by the Jackson family. As o f November 30, assets of First Bank and Trust of Greenville were $41 million; assets of the O’Fallon bank were $54 mil lion; and assets of the Vandalia bank were $40 million. LOMBARD: Josphine May has been named president and Dr. Richard E. Hamlin has been named chairman of the Bank of Yorktown. Ms. May is a 30-year veteran of banking and has been with the Bank o f Yorktown 11 years, most recently as senior vice president. Dr. Hamlin is president of George Williams College in Downers Grove and was a founding director of the bank. PARK RIDGE: James R. Katek, Jr., has been elected director of mar keting at Citizens Bank & Trust Company. Mr. Katek previously was employed as director of marketing with United Central Bank of Des Moines, N.A. in Des Moines, Iowa. He also served as director o f market ing at Jefferson Trust & Savings Bank, Peoria. Wisconsin News M ILW AU K EE: First Wisconsin Trust Company has announced the promotion of Mary Ellen Stanek to vice president in the investment group. Ms. Stanek joined the trust company in 1979 as a money market portfolio manager. OSHKOSH: Nancy J. Roberts, ex ecutive vice president of the M & I Western State Bank here since 1980, has been elected president. She succeeds Lloyd Hanneman, founder of the bank, who will remain as chairman. Ms. Roberts has been with the bank since 1966, prior to its joining the M & I group in 1978. South Dakota News SIOUX FALLS: First Bank of South Dakota recently announced the promotion of Bette Theobald to vice president in the trust depart ment in Sioux Falls. Ms. Theobald joined the bank in 1964, joining the trust department in 1973. Montana News The Montana Bankers Associa tion is sponsoring the 1984 Bank Presidents Conference to be held January 26-27 at the Billings Sheraton. A tentative agenda has been released by this year’s bank presidents conference committee, chaired by Erie Gross, past presi dent of the MBA. Registration will begin at 10:00 a.m. on the 26th, with luncheon for bankers and spouses at noon. From 1:30-4:30 p.m. will run concurrent workshops. Business session will begin at 8:00 a.m. on Friday, January 27, Wyoming News CHEYENNE: Richard C. Bjugan and Judith T. Walz have been pro moted to assistant vice presidents of First Wyoming Bancorporation. Pri or to joining the corporation in February of this year, Mr. Bjugan served as district manager for Norwest Information Services in Mason City, Iowa. Mrs. Walz was elected in the planning and research area and joined the corporation in 1981. YAKE, SPRENGER AND JENNINGS i G e t t i n g it d o n e f o r y o u . é followed by a panel discussion on “ Bank Taxation.” Tom Huston will speak on “ Banking in the 80’s.” Mr. Huston is Superintendent of Bank ing for the State of Iowa. Following a short break the program will con tinue with a slide presentation of “ 1983 Business Week Report” ; “ BankPac Report” ; “ Microcompu ter Software,” and “ Marketing Committee Report.” A noon lun cheon will be served with adjourn ment set for 1:30 p.m. B IL L IN G S : Montana Bancsystem, Inc., has announced that Bruce B. Ellis, president has been named chief executive officer to succeed Eldon E. Kuhns, who will continue as chairman. Mr. Ellis has served as president and chief operating officer since the formation of the corpora tion. MILES CITY: Marc A. Lackman has been elected vice president and con troller at First Bank Miles City and Donald L. Nightengale has been elected assistant vice president in charge of consumer and real estate loans. Mr. Lackman previously served at First Bank System. Mr. Nightengale most recently was asso ciated with Telecrafter Corp. in Bill ings. Ernie Yake Bill Sprenger Tom Jennings 234-2483 234-2625 234-2484 Commerce Bank ofKansasc«y https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MEMBER FDIC Tolfmhnrvo s*wa 234-2000 ri/i-onnn Telephone ( (816) V North Dakota News Happy New Year to Our Banking Friends FARGO: First Bank of North Dako ta Fargo has elected Frank Keogh to vice president and manager of the ag lending department of the bank. Mr. Keogh joined the bank in 1978 as a management trainee, leaving in 1980 to manage the ag lending depart ment of First Bank Jamestown. He returned to Fargo in 1982 as assis tant vice president. Malcolm Freeland, Pres. FREELAND FINANCIAL SERVICE 1032 Carriers Building Des Moines, Iowa 50309 V A LLE Y CITY: Kent B. Cummings has been named chairman of Norwest Bank Valley City, N.A. Mr. Cummings has been serving as pres ident and chief executive officer of the bank since 1966, and will remain in that position until a successor is named. He originally joined the bank in 1958. SERVING PROFESSIONALLY Banking, Financial & Business Personnel Iowa and Nationwide CAPITAL PERSONNEL SERVICE 714 U.C.B. Building, 515-283-2545 Des Moines, Iowa 50309 Colorado News FOWLER: First National Bank of Fowler has announced the election of Roger Schmidt as president, re placing Warren Switser who re signed in April of 1983. Mr. Schmidt formerly was self-employed in the in surance and real estate business in Elbert City. Prior to that he was em ployed by the Brenton Banks of Iowa for 23 years at Emmetsburg, Ayrshire and Marshalltown. POSITION AVAILABLE CREDIT MANAGER Immediate opening w ith progressive, innovative wholesale chemical distributor. Requires at least 2 years verifiable, successful experience in all as pects of wholesale credit. Send letter of application and resume to file VBW c/o Northwestern Banker. (PA) VP/MARKETING SENIOR MANAGEMENT POSITION, $100 million bank. Good knowledge of bank operations required. Action and results oriented individual. Sales experience helpful. Send resume to David N. W althall, Pres., Hawkeye Capital Bank & Trust, E. 5th & Locust, Des Moines, IA 50307. (PA) Ag Banking Personnel Let us help you. Call the ag lending personnel specialists without cost or obligation. Confi dential. Employers pay us to hire the best. BANK MICRO COMPUTER PROGRAMS—Apple (tm) /IBMPC/Franklin Ace and other micro computers. We are distri butors for over 50 bank programs. Send/Call for complete list. Phone 308/384-5995. Bankers Electronic Equipment Inc., 380 N. Walnut, Grand Island NE 68801._________ (FS) NCR CLASS 33— FIVE PROGRAM BARS— Excellent con dition. With stand. Contact Jack Parmenter. Phone 319/ 364-1000. (FS) Walk dow n the tellers line this morn ing. Are you proud o f their appear ance? If not, call us and find out how only $ 1 .0 0 per day per teller will help. M jeAbtoekk-^ CAREER APPAREL 523 N . M a in S t., C a rro ll, la ., 51401 712 -7 9 2-2 7 4 8J Linda: 515/394-5827 Jean 515/263-9598 if New Hampton, la. 50659 no answer, 712/779-3567 I Massena, Iowa 50853 aonCAREERS, INC. J THE ORIGINAL AGRICULTURAL RECRUITER BANK PLACEMENT SPECIALISTS (Our 34th year) Call experienced professionals to locate the right candidate for your vacancy ... or the right “ move-up” for yourself. CORPORATE RECRUITERS MIDWEST BANKING DIVISION 202 S. 71st Street 402/393-5515 Omaha, Nebraska 68132 Estate Appraisals CAREER OPPORTUNITIES COMMERCIAL & AG LOAN OFFICERS Ten openings in Nebraska, Iowa and South Da kota for experienced lending officers. Progressive banking organizations in rural and urban areas. Salaries up to $35,000. All inquiries are held in strict confidence. Contact Barbara Rltta, PRO FESSIONAL RECRUITERS, 6818 Grover St., Omaha, NE 68108. Phone 402/397-2885 (PA) SKI THE SUMMIT One, two and three bedroom units for sale or rent. Most with hot tubs. Phone 1-800/922-2590. Dwayne Smith PARADISE PROPERTIES Box S Dillon, Colorado 80435 BA N K POSITIONS Purchase of Collections TRUST OPERATIONS— manage all tru st operations for small department located in major midwestern urban area. $20K Sale of Rare Coins AGRI/COMMERCIAL LOAN—$30MM com m unity bank located w ithin 30 miles of large metro area. Requires five yrs. agri loan experience. $30K Reliable and respected service for over 20 years COMMERCIAL LOAN—$100MM suburban bank affiliated with major multibank holding company. Degree and com mercial lending experience in large bank desired. $35K Used by bankers throughout the midwest REAL ESTATE LOAN—supervise all lending functions for $200MM S&L. Ten yrs. or more experience required. Open Ben E . Marlenee Coins 913 Locust Des M oines, Iowa 50309 515-243-8064 ASST. CONTROLLER— large suburban bank desires in dividual w ith 1-2 yrs. financial institution experience and accounting or finance degree. $20K Additional opportunities available in midwestern banks. All inquiries confidential. TOM H A G A N & ASSO CIA TES 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 12 No. 37 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $18.00 per year. Second class postage paid at Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts, mail items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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