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Vol. 13 No. 40

Des Moines, Iowa

Iowa News
ATKINS: At the annual meeting
held January 8 of Atkins Savings
Bank & Trust, Richard Hare was
elected president. He joined the
bank in 1982 as executive vice presi­
dent. Mr. Hare succeeds Kenneth
Hagan, who was elected chairman.
Harriet Rinderknecht was elected
vice president and cashier and
Homer Monk was elected vice presi­
HILLS: A t Hills Bank and Trust
Company, Dwight Seegmiller has
been named senior vice president.
He had been serving as vice presi­
dent. Ray Glass and Tim Smith
were both advanced to vice presi­
dent status from assistant vice pres­
KALONA: Farmers Savings Bank
has named Ray Brown vice presi­
dent and head of its ag department.
Mr. Brown previously was employed
by the Ottumwa Office of PCA.
ROCK VALLEY: Thomas M. Awtry
has been elected president and chief
operating officer of Valley State
Bank. He succeeds W.C. Anderson,
who has been elected chairman. Mr.
Awtry joined Valley State in Sep­
tember of 1984. His previous experi­
ence includes serving as a bank exa­
miner with the Iowa Department of
Banking, president of First National
Bank, Fonda, and working for Yan-

ney, Hughes and Rapp of Omaha, as
a bank consultant.
SPENCER: United Central Bank re­
cently announced the promotion of
Thomas D. Maertens to vice presi­
dent of agricultural loans and Randy
Weller to assistant vice president of
ag and commercial loans. Mr. Maer­
tens served with First National
Bank of York, Nebraska, prior to
moving to Spencer. Mr. Weller pre­
viously was with Federal Land Bank
W YOMING: Following the annual
meeting of Citizens State Bank, the
follow ing prom otions were an­
nounced: Carl L. Levsen, from presi­
dent to chairman; Harlan R. Jacob­
son from first vice president and
cashier to president; Lucile Von
Sprecken from assistant vice presi­
dent to vice president and cashier,
and Geraldine F. Levsen from assis­
tant vice president to vice president
and trust officer.

Nebraska News
The Nebraska Bankers Associa­
tion will present its 1985 Personnel/Human Resource Conference, an
intensive two-day program devoted
to the dimensions of personnel man­
agement, on February 12-13 at the
Kearney Ramada Inn. Jan Eicher,
vice president, Union Bank & Trust
Co., Lincoln, serves as chairperson

January 21,1985
for the NBA personnel committee
and has released the following ad­
vance program:
Tuesday, February 12
8:30 Continental breakfast/registration.
9:00 “ Role of the Human Re­
s o u r c e M a n a g e r ” —Jan
Eicher, personnel director,
Union Bank & Trust Com­
pany, Lincoln, and NBA per­
sonnel committee chairper­
9:30 “ Equal Employment and
The L aw ” —Thom Cope,
partner, Bailey, P olsky,
Cada, Todd and Cope Law
Firm, Lincoln.
12:00 Lunch.
1:00 “ Equal Employment and
The Law” continued.
5:00 Social get-together.
Wednesday, February 13
8:30 Continental breakfast.
9:00 “ Attracting and Keeping
Top Notch Employees” —
Gary Maas, owner and man­
aging partner, A G R Icareers, Inc., Massena, Iowa.
12:00 Lunch.
1:00 “ The Employ ment-At-Will
Doctrine” —James C. Zalewski and Richard D. Alaniz,

to make MNB work for you.
Toll free: 1-800-332-5991

Merchants National Bank

Member F.D.I.C.
Federal Reserve Bank of St. Louis

is i



Professional ...

c^HoCdzx a n d czdJ’iio c L a ts .i
Bank Consultants
Specializing in Bank Acquisitions
P.O. Box 450 405 Main Ames, Iowa 50010
D o n a l d E. H o l d e r , Principal

Call Mark Christen for
any correspondent service.
Call toll free (800) 622-7262

Valley National Bank ¡5


Member FDIC

partners, Alaniz, Bruckner
and Sykes Law Firm, Lin­
2:45 “ Y o u -A s k e d -F o r-It S es­
sion” —group discussion.
4:00 Adjournment.
The National Association of Bank
Women, Mid Plains Group, will hold
its January Meeting at Regency
West, Omaha, Tuesday, January 22,
at 6:30 p.m.
The guest speaker at the meeting
is Lois Baumert, the Nebraska State
Council Chairman of NABW . She
will present news from National and
give an N ABW update. To make re­
servations, call Alice Roy, South­
west Bank & Trust Co., 393-4300.
BENNINGTON: M. Leslie Nelson
has been advanced from vice presi­
dent and cashier to executive vice
president and cashier at Bank of
Bennington. In addition, Jean Olsen
has been promoted from assistant
vice president to vice president.
DANNEBROG: Following the clos­
ing January 7 of State Bank of Dannebrog by Nebraska’s Director of
Banking, Roger M. Beverage (News­
letter of Jan. 14), it was reported by
the Nebraska press that Jeff
Hacker, FDIC senior attorney in
Dannebrog stated that 300 of the
bank’s 323 loans were past due. The
official news release from the Neb­
raska Department of Banking, re­
ceived January 12, stated: “ A claim
reflecting a total potential loss of
about $2.2 million has been filed
with the bonding company.”
The news release added, “ Bever­
age said the bank engaged in an un­
usual practice of participating loans
with private individuals who were
customers of the bank. Under the
practice, said Beverage, customers
Serving bankers quietly and efficiently.

714 U.C.B. Building, 515-283-2545 «
Des Moines, Iowa 50309
Federal Reserve Bank of St. Louis

would participate with the bank in
loaning money to other customers.
In some cases, said Beverage, the
lending customer may not have re­
ceived accurate information con­
cerning the financial status of the
LINCOLN: Rod Johnson has joined
First National Bank as vice presi­
dent in the metropolitan banking
division. Mr. Johnson formerly was
president of Lincoln Bank South
and was associated with National
Bank of Commerce for several years.
The bank’s board also elected three
vice presidents; Mark Hahn and
Marv Hefti, correspondent banking
division, and James M. Williams,
national/international banking divi­
SUPERIOR: Mitch Moret, vice
president and cashier of Farmers
State Bank & Trust, retired January
1 after 42 years of banking in Iowa
and Nebraska. Mr. Moret joined the
bank in 1958 and previously was as­
sociated with his father from 1945 to
1958 at Northwestern State Bank of
Orange City, Iowa, as cashier.

Minnesota News
HOPKINS: First Bank Hopkins
recently announced the following
management changes effective Jan­
uary 1: Franklin L. Brosseau, execu­
tive vice president; Bruce H. Senske, senior vice president, lending
division head; Jack San Felippo,
vice president, real estate, and
Debra Pukall, executive banking of­
NORTHFIELD: F. Donavon Kuehnast has been elected president and
a director of First Bank Northfield.
He succeeds the late Gordon F.
Clarke. Mr. Kuehnast most recently
served as vice president and man­
ager of the retail division of First
Bank Edina, a position he has held
since 1983.
ROCHESTER: A t Norwest Bank

Rochester, N.A., Peg Mattke has
been named manager of the personal
asset management center. She has
been serving as vice president and
manager of the Northside Office.
Beverly Simpson, vice president and
manager of the Green Meadows Of­
fice, has assumed the added respon­
sibility of managing the Northside
Office. John Novotny has been pro­
moted to vice president. He has been
with the bank since 1982 in the ag
lending area.
W ASECA: The board of First Bank
Waseca has elected Neil N. Fruechte
president. He replaces William
Draeger, who retired the end of
1984. Mr. Fruechte most recently
was with Farm Credit Banks of St.
Paul as senior vice president in
charge of management services.

Illinois News
LOMBARD: Charles S. Hanley, Jr.,
has been appointed vice president,
corporate business development, at
the Bank of Yorktown. Mr. Hanley
previously was a vice president with
G A T X Corporation.
ROCKFORD: Frank C. Rubinic has
joined American National Bank and
Trust Co. as senior vice president in
charge of the operations and finan­
cial division. Mr. Rubinic had been

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Supplement to Northwestern Banker Newsletter 1-21-85

Bankers Hire Successfully
With AGRIcareers’ Help
“ I liked the way Jean Eden primarily answered questions
when we called about locating a new ag loan man,” remarks
Dale Strickland, president of Hawkeye Bank and Trust,
Centerville, Iowa.

“ She didn’t try to tell us what to do! Finding someone who
fit our specific nitch was her main goal. She and AGRIcareers
did it very well.”
The 16-year-old firm has offices in the Iowa communities of
New Hampton and Massena. Linda Heit, along with Eden, are
the ag banking personnel specialists. Heit was the firm’s first
employee; Eden has been on the staff six years.

“ Finding someone who fit our specific nitch
was her main goal.”
— Dale Strickland, Pres.
Hawkeye Bank and Trust
Centerville, Iowa

Jean Eden looks up from studying ag banking re­
sumes at AGRIcareers’ Massena, Iowa office. “We
don’t use high pressure sales tactics,” points out

Both work full-time locating, screening, and personally in­
terviewing potential bank candidates.
Says Heit, “ Many personnel firms try to serve all interest
areas. W e’re strickly ag-oriented, and that gives us an edge
when it comes to meeting tight ‘ specifications’ for a new em­
“ The result is that our bank-clients succeed in obtaining the
right person for the position. If none of our candidates current­
ly on file meet the bank-client’s requirements, we conduct a
specific search.”
Eden adds, “ Our candidates and resumes are our own, not
applicants who’ve been bounced around in a personnel ‘net­
work.’ We promise our candidates confidentiality, and don’t
feel we can maintain this by joining a network.”

“We were able to hire the kind of individual
we wanted.”
— Randy Schouten, Pres.
Norwest Bank of Montevideo, Minn.

Ag Banking Personnel Specialist Linda Heit
spends many hours on the phone checking refer­
ences and screening candidates. “My time is
spent saving our clients’ time,” she says.
Federal Reserve Bank of St. Louis

Says Heit, “ The more we know about what a client wants,
the better job we can do.”
“ When clients call to describe their needs, we ask for details
about the position, experience required, and what type o f per­
sonality characteristics will fit in best at the bank, with co­
workers and customers.”
Randy Schouten, president of the Norwest Bank at Mon­
tevideo, Minn., worked with both Heit and Eden in hiring ag
loan rep Brad Hennig. “ They did a particularly good job pre­
screening job applicants,” remarks Schouten.
“ So we were able to employ the kind of individual we
Eden notes that AGRIcareers places qualified bank person­
nel at all levels, including presidents. “ Average salaries range
from $25,000 to $45,000. Our clients are banks that make ag
loans; some are small, family-owned banks and many are large,
multi-bank holding companies.”


(515) 394-3145
(712) 779-3744


Confidential. Fee paid by employer.

Personnel Specialists Serving America’s Ag Banks

If you are interested in advancing your banking career, we
will keep you informed of opportunities available and
use other recruiting ‘networks' and no contacts are made
on your behalf without your prior knowledge and consent.
Our Ag Banking Specialists serve you individually, dis­
creetly, and professionally.

Our candidates are personalty interviewed, screened, referenced, and evaluated by our specialists. If you have an Interest
In candidates listed below, call Jean or Linda to discuss your needs. Employers pay our modest fee to hire the best.
banker who is experienced in all phases of lending and
operations spending 60% of the time in loans and 40% of
the time in operations. Reference says, “ Excellent perfor­
mance-one of the best employees I ever had without a
doubt...very intelligent and quick learner.” Wants to locate
near college town to complete his education. Two years
college. Married. Age: 24. Lives Wl. $22-24,000. Call Linda.
NL-2 AQ BANKING—References say, “ He has good credit
judgement.,.aggressive...collection skills are good along
with a strong personality and ability to communicate.”
Six-and-one-half years (one with Farm Credit) of ag credit
experience wth responsibility in staff supervision, market­
ing, credit analysis and collections. B.S. Ag Economics.
Single. Age: 28. Lives Wl. $31,000. Call Linda.
NL-3 AG LENDER—Experienced in small rural bank
($5MM) operations and lending functions. Wants more
concentration in ag loan area. References say he is de­
tailed, organized and gets along with people. Area Voc.
Tech. Grad, in Ag Banking. Married. Age: 23. Lives MN.
$17-18,000. Call Linda.
agent for $300,000 gross volume agency which he started
from scratch to present size. Eight years prior as manager
of insurance/Real Estate corporation. Past reference said,
"He's a self motivator...good performer...professional...I’d
hire him if I was considering adding an insurance agency
at the bank.” Licensed in ail insurance lines. Two years
college plus several insurance and R.E. courses. Married.
Age: 39. Lives IA. $25,000 +. Call Linda.
NL-5 AG FINANCE—Offers twenty years of versatile ag
credit experience which includes Farm Credit, ag banking
and captive financing experience. Strengths are his credit
judgement, communication skills and sales personality.
B.S. Ag. Married. Age: 49. Lives Wl. $36,000. Call Linda.
NL-6 AG LENDING—Financial analyst for a financial
brokers firm where his responsibilities include handling
all types of financing (ag, commercial, consumer and ven­
ture capital) ranging in size from $3,000 to $42MM. Ar­
ranges financing thru ag and commercial banks, govern­
ment institutions and the Farm Credit System. Great sales
personality. B.A. Finance with minor in Computers. Single
(Engaged). Age: 24. Lives IA. $18-22,000. Call Linda.
NL-7 EVP/AG BANKING—Experienced banker with six­
teen years expertise in running a successful financial in­
stitution, having specialized in opening new branches for
employers. Strengths in loans, collections, marketing,
customer relations, supervision and general banking prac­
tices and procedures. Six years college. Well recom­
mended. Married. Age: 41. Lives TN. $38-40,000 + . Call

loans. Trained and supervising loan officers and clerical
staff. Exceptional references: “ Gets the job done right...
good to work for, and with...lots of drive...a polished and
sophisticated man, yet able to put farmers at ease.” Col­
lege degree. Married. Age: 35. Lives IA. $36,000 + . Call
NJ-13 SENIOR OFFICER—Twelve years as V.P. in $90MM
bank, responsible for $15MM ag loans, also shares com­
mercial loans, farm management, trust and administrative
duties. Serves as officer of state banking association and
president of many community organizations. Masters de­
gree in Ag Business, graduate of banking school, etc. Mar­
ried. Age: 40. Open to relocate in la or IL. $48,000. Call
NJ-14 SENIOR OFFICER—V.P. of $80MM bank, in charge
of $20MM ag loans, and supervises three loan officers.
Eight years at this bank, plus ten years previous PCA ex­
perience. B.S. Ag. plus additional banking schools. Mar­
ried. Age: 45. Lives NE. $45,000 plus. Call Jean.
NJ-15 AG LOAN OFFICER—Currently credit supervisor for
major ag credit company. Deals directly with farmers and
lenders daily. Has rapport with customers while maintain­
ing a good collections record and low delinquencies. Pre­
vious experience as staff accountant handling audits of
grain elevators. B.A. Accounting/Business. Married. Age:
27. Interested in S.W. MN, SD, N.W. IA, or N.E. NE loca­
tions. $26,000. Call Jean.
NJ-16 AG LOAN OFFICER—Two years as A.V.P. in $50MM
bank. Works with ag and commercial loans, collection,
documentation, inspections, and micro computers. Very
familiar with loan problems and corrective actions. Farm
raised. Single. B.S. Animal Science (I.S.U.), plus additional
banking courses. Age: 27. Lives IA. $25,000. Call Jean.
NJ-17 SENIOR OFFICER—V.P. (#2 man) in $20MM bank for
past 10 years. In charge of $11 MM loan portfolio. Strong
ag lending skills, heavy work-out, restructure and collec­
tion experience. Works in operations, compliance, with
computer and insurance as well. B.A. degree, attended Ag
Credit School and graduate school of banking. Married.
Age: 36. Lives IA. $32,000. Call Jean.
NJ-18 AG LOAN OFFICER—PCA loan officer for past
three years. Responsible for over $5MM in loans.
Strengths in analysis, problem solving and PR skills. B.S.
Ag Journalism (I.S.U.) Married. Age: 35. Lives IA. $30,000.
Call Jean.
NJ-19 AG LOAN OFFICER—Four years as loan officer
with PCA. Supervises $13MM branch. Farm raised. Active
in community affairs and ag-related activities. B.S. Animal
Science. Married. Age: 33. Will relocate in E. IA or N. IL.
$29,000. Call Jean.

NL-8 AG CREDIT—Strong ag background which includes
farming (crop and swine) and a year of ag credit experi­
ence with a small rural bank in Iowa. Duties are ag loans,
loan documentation, cash flowing, etc. along with prob­
lem loan work outs. B.S. from ISU. Married. Age: 34. Lives
IA. $25,000 + . Call Linda.

NJ-20 AG LENDING/OPERATIONS—Has two and a half
years banking experience. Currently operations and per­
sonnel office in $20MM bank. Has worked as teller, book­
keeper, loan teller, with accruals computers since starting
work at this bank after college. Wants to learn ag lending.
B.S. Ag Business (3.4 g.p.a.). Married. Age: 25. Will relo­
cate in IA, N. MO, E. NE. $17,000. Call Jean.

raised banker offers seven years with Iowa bank in opera­
tions; more recently responsible for analyzing examina­
tion reports and monitoring condition of banks for the
Federal Reserve Bank. Recommended very highly by past
references. BBA Business Finance. Single. Age: 47.
$38-40,000. Call Linda.

NJ-21 AG LOAN OFFICER—Two years experience with fi­
nance company; past year as manager. Works with cash
flows, financial statements, collections, etc. Holds all in­
surance licenses. Trained at bank during college work
study program. Excellent references. Solid farm back­
ground. A.A. Ag Banking. Married. Age: 25. $18,000. Lives
IA. Call Jean.

NL-10 AG BANKER—Branch manager in charge of four
staff, ag loans and office operations for the past five years
with the farm credit system. Strong work out experience.
Rated “ very good” on work performance review. Iowa
State grad in Ag Business. Single. Age: 27. Lives IA.
$25-30,000. Call Linda.
NJ-11 AG LOAN OFFICER—An excellent candidate for ag
banking. His appearance personality and attitude are EX­
CEPTIONAL. Currently and for the past six years with
FmHA, supervising loans in a drought area. Great references...“ has managed to keep his moral up and maintain a
positive attitude...a good judge of ag credit, and knows
what loans should be made...needs to be in a bank!” B.S.
Farm Op from ISU. Married. Age: 28. Lives IA. $27,000. Call
NJ-12 AG BANKING—Offers nine years loan experience,
including two years with a bank. Currently managing two
branch offices in Farm Credit System with $15 million
Federal Reserve Bank of St. Louis

Ag Banking
Personnel Specialists
Let us help with your staffing needs or career ad­
vancement. Employers pay our modest fee to hire the
Our clients depend on us for QUALITY.
Our candidates depend on us for CONFIDENTIALITY.
Linda 515/394-5827
New Hampton, la. 50659

Jaan 515/263-9598 (T/W/F)
712/7793567 (M/TH)
Massena, Iowa 50853


N-1 AG LOAN OFFICER—$19MM bank in western IL. Re­
quires experienced ag lender with strong ag credit skills
(5-7 years bank or PCA) with top communication abilities.
Business developer. $28-30,000 +.
N-2 SENIOR VP—Report to pres, in $60MM bank. Take
charge of $30MM ag loans, improve credit quality. Rapid
advancement opportunity. 5-10 yrs. current ag lending and
problem solving expr. required. IA. $40,000 + benefit pkg.
N-3 LOAN OFFICER-GENERAL—Seven bank holding com­
pany seeking lending officer with responsibilities of 6080% of time in ag loans and balance of time in other areas
of lending. Need 3-10 yrs. related ag credit expr. MN.
N-4 JR. AG LENDERS—Three Iowa positions available for
ambitious candidates with 1-2 yrs. current ag lending expr.
from bank or PCA. Must be knowledgeable in and willing
to work with problem loans. $18-25,000.
N-5 ADMINISTRATOR—Bank chain needs ambitious and
energetic ag banker to ride herd on loans, business
development and work with secondary markets for five
banks with combined total assets of $100MM. 5-10 yrs.
bank operations, secondary markets and lending skills
needed. $30-40,000.
N-6 MANAGER of $5MM bank. Progressive and competi­
tive ag area. 4-5 years of bank expr. a must. $25,000 + pro­
fit sharing. SD.
N-7 EVP—$20MM bank with $15MM in loans needs lender
to be in charge of total note case and supervise 2 loan of­
ficers. Mostly commercial and installment loans with
$2MM in ag loans. Bank expr. preferred. NE. Mid $30,000’s.
N-8 LOAN OFFJBRANCH MGRS.—Farm Credit system
seeking ag lenders with 1-2-5 yrs. expr. in ag credit to be
responsible for loan volume of $3-7MM. Several locations...
OH, Ml & AL. $16-20-24,000 ranges.
N-9 AG LOAN OFFICER—Major bank holding company
needs ALO to assist the new VP just hired in ag loan port­
folio of $7MM and help with the workouts. 3-4 yrs. ag lend­
ing expr. IA. $25-27,000.
N-10 C.E.O.—Small (but progressive & increasingly profit­
able) bank seeks dynamic and aggressive individual with
5-10 yrs. bank management exper., who keeps up with
modern banking & lending practices. Central IA. To $50K.
N-11 VP—Opportunity to be #2 in $40MM major hold. co.
bank in Central MO. $25MM total loans. Primary respon­
sibility is handling $15MM ag loans, and share of commer­
cial. Requires min. of 5 yrs. ag lending, from bank or PCA,
+ degree. Sizeable town, good location. To $35K.
N-12 EVP—Function as CEO of small, troubled bank in
MO. Work out loan problems (last exam shows improve­
ment), handle ag loans, management, & some invest­
ments. Requires 5 or more yrs. exper. in same. Good future
opportunity. $35K.
N-13 CEO—In charge of bank operations, ag credits, col­
lections & supervising staff for $40MM bank. Demands
strong bank exper. MO. $35K-$40K.
N-14 AG BUSINESS LOAN OFFICERS—4 needed in size­
able NE towns to establish new ag lending program. Will
be responsible for initiating, developing & managing all ag
bus. loan production, and ensure that loans are in compli­
ance with established lending policies & procedures. Re­
quires 5 yrs. in ag bus. loans (working with large lines of
credit), strong communication & cash flows. $35K + com­
ment team & supervise staff, handle commercial & R.E.
loans, marketing, advertising, new business development
& computer area. Must have 3-10 yrs. bank exper. in all of
above, and a strong farm background. $40MM ind. bank
(high performance & rate of growth) with $30MM in loans.
MN. Salary open; D.O.E.
N-16 SR. LOAN OFFICER—Potential for #2 in $25MM ind.
bank with $10MM loan port. ($5MM ag). Will begin by work­
ing on problem ag loans,- with total responsibility for all
loans. An effective organizer, strong in cash flows, P & L’s,
analytical skills, administering loan programs, supervis­
ing & supporting staff is needed, plus 10-15 yrs. ag/commercial lending. $40K + possible stock ownership in near
N-17 AG LOAN OFFICER—#3 in $35MM ag dept, of
$100 + MM, performance-oriented bank. Requires 2-5 yrs.
ag lending exper. from bank or farm credit system; an ag­
gressive goal oriented individual who practices & keeps
up with modern ag lending procedures. W. ILtown of 6000.
Salary open; commensurate with experience.


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

™ sr
A FirsTier Company


serving as president and chief execu­
tive officer for the First National
Bank o f Wheeling. Also at the bank,
Melvin Buser and Kenneth Edge
have been named vice presidents.

South Dakota News



PIERRE: Following the annual
meeting of First National Bank,
Dennis Fargen, president, announced
the promotion of William Fuchs to
vice president and cashier and Jen­
nie Weingart to vice president. Mr.
Fuchs, CPA, joined the bank in De­
cember, 1983. Ms. Weingart joined
in 1973 and coordinates the electronic data processing function.

North Dakota News





GRAND FORKS: Arnold L. Braaten has been elected chairman, presi­
dent and chief executive officer of
First Bank Grand Forks effective
February 1. He succeeds Francis M.
Schreder, who will retire June 30.
Mr. Schreder will continue to serve
as a director of the bank until that
time. Mr. Braaten, who currently
serves as president of First Bank
Minot, has also been appointed divi­
sion director for First Bank Sys­
tem’s northern North Dakota region
and will assume Mr. Schreder’s re­
sponsibilities for the coordination of
the First Banks in Cando, Cavalier,
Grand Forks, Langdon, Park River
and Rolla, and East Grand Forks,

cultural Lenders Institute will be
held January 31-February 1 at the
Casper Hilton Inn. The program
schedule for the Institute follows:
Thursday, January 31

" O T -------------------------------------------11:00 Registration.
1:00 Opening. Robert T. Noel,
W B A president and presi­
dent, W yom ing National
Bank, Casper.
Philip M. Ellis, chairman of
agriculture committee, and
vice president, First Na­
tional Bank & Trust, Chey­
1:15 “ Econom ic O utlook’ ’ —H.
Wade German, director of
economic analysis, Union
Pacific System, Omaha, Neb.
2:30 Break.
3:00 “ Livestock/Grain Outlook” —
Robert Price, director of
Western Livestock Market­
ing Information Project,
Denver, Colo.
4:00 “ W yoming Agricultural Ex­
ports - New Markets for
W yoming Products” —Cin­
dy Ogburn, Department of
Economic Planning & Devel­
opment, Cheyenne.
6:30 Attitude adjustment hour,
sponsored by C. Bud Racicky Agency, Cheyenne.
7:30 Dinner.
_________Friday, February 1_________


Wyoming News
The 13th Annual Western Agri­




Other services include purchase of appraisal of
coin/currency estates or collections. I also wish to
document the survival of Iowa National currency
not necessarily available for purchase at this time.

Box 1, Adel, IA 50003 • 515/270-8170
Federal Reserve Bank of St. Louis


Coffee and rolls.
“ A g Lending - Coping With
Credit P roblem s I ” —
Michael F. Ormsby, state
director, FmHA, and Gene
Selk, vice president, Omaha
National Bank, correspon­
dent lending.
“ A g Lending - Coping With
Credit Problems I I ” —Lend­
ers’ panel, moderated by
Philip M. Ellis, ag commit­
tee chairman, and vice presi­
dent, First National Bank &
Trust, Cheyenne.
“ A g Lending - Looking For­


Member, F.D.I.C.

ward” —Doug Agee, exten­
sion farm management spe­
cialist, University of W yom­
Two microcomputer pro­
grams: A cash flow planning
program and an inventory
program for tracking live­
stock numbers and values,
and feed am ounts and
2:00 Break.
2:30 “ A g Lending - Looking For­
ward” —Dr. Neil E. Harl,
professor in agriculture and
economics, Iowa State Uni­
versity, Ames, Iowa.
The Agricultural Debt Prob­
4:30 Adjourn.
D U BO IS: A t Dubois National
Bank, Linda Burton has been pro­
moted from assistant vice president
to vice president, and Bonnie Rice
has assumed the duties of assistant
vice president and cashier. She
previously was operations officer.
EDGERTON: Citizens State Bank,
Edgerton, was closed January 4 by
Acting Wyoming State Bank Exam­
iner K.L. Mcllhenny, and the FDIC
was named receiver. “ Loan losses
exhausted the bank’s capital funds,
resulting in its insolvency,” accord­
ing to Mr. Mcllhenny. The FDIC is
preparing to pay off insured deposi­
tors of the bank since no bids were
received for an acquisition by
another bank. Deposits in Citizens
State totalled about $2.5 million in
1,000 deposit accounts. The FDIC
estimates that all but about $97,000
of the bank’s deposits are within the
federal insurance limit of $100,000
or are otherwise secured.

Send Us Your News
Please send us any news re­
garding recent promotions and
appointments at your bank.
N orthwestern B anker

306 15th Street
Des Moines, IA 50309

Buy Direct From Factory — and Save!
(Serving The Banking Industry Since 1947)
Send Sample - Indicate Quantity - We will quote
— You Be The Judge —
Standard Advertising Service, Inc.
Box 432 • Council Bluffs, Iowa 51501

EXEC. V.P. - Central Nebraska. Need commercial
and some ag experience. No degree. $35K Range.
AG LENDER • N.W. Iowa. Degree + 3-4 years of ag
lending. 5-6 million ag portfolio. No. 2 spot. $30K
MARKETING - Need hands-on work with advertis­
ing, plus new product development. Degree.
Omaha location. $35-60K.
Call or send resume to:
Richard L. Beam
11246 Davenport Street
Omaha, NE 68154
Phone: 402/330-3260
- Member National Personnel Assoc. We’re Nationwide

EXEC.—in $22 million. CLEAN Nebraska bank.
Must have good lending background in Ag/Coml
and ability to co-manage bank. Outstanding op­
portunity and location.
To 40K.
LOAN REVIEW—in large NE bank holding com­
pany. Ideal background would include 3 years
with FDIC or Comptroller of the Currency. Degree.
To 30K.
MARKETING MANAGER—large NE institution
seeks a person with three years in sales in a finan­
cial service industry.


Please call today or tonight to discuss your 1985
career goals. I have many new search assign­
ments since January 1.
Phyllis S. Lynch
900 Commercial Federal Tower
Omaha, NE 68124
Phone 402/391-2065 or 402/895-1997 (evenings)

AG LENDER - Rapidly growing community bank seeks
indiv with a 4 yr degree, 2+ yrs in bank lending and
strength in agricultural lending. Credit/collections knowl­
edge a plus.
COMMERCIAL LENDER - $100mm+ bank located near
metropolitan/cultural area, seeks seasoned comm’l lender
with 3 yrs exp to manage $10mm portfolio.
TRUST OFFICER • CPA or JD with 2-3 yrs trust bkgd and
strong marketing skills is needed by a $250mm growth ori­
ented midwestern bank.
PORTFOLIO MANAGER • Large progressive institution is
searching for an experienced individual who has analyzed
short and long term investment needs, managed gov’t se­
curities and a $500K + investment portfolio.
COMMERCIAL LENDER - 3+ yrs lending exp with leasing
knowledge and large bank bkgd desired by $300mm +
bank in MW. Progressive bank, visible spot, is expanding
comm’l loan operation.
VICE PRESIDENT - $20mm + bank is looking for a #2 man
with 4-7 exp yrs in lending, credit and operations. Stable,
solid community bank. Experience in similar sized bank a
big plus.
R. KURT ROSENCRANTS AT (515) 244-4414



R O B E R T MffVftJF
317 6th Ave, Ste. 650
Des Moines, IA 50309
(515) 244-4414


Financial Careers
CEO for $25 million Iowa bank. Prefer experienced banker
with college degree................................Salary $35,000 +

reasonable offer refused. Contact Craig Fahrner, Bank of
Clarendon Hills, 200 Park Ave., Clarendon Hills, IL 60514.
Phone 312/920-3900.

CEO for $35 million community bank. Requires 5-10 years
experience, college degree and credit schools.................
..................................................................... Salary $50,000

ONE NCR PROOF MACHINE #775 with 20 pockets. In
good working condition. Available in three months or by
2-28-85. Contact Art Wanderer, Phone: 312/257-5767. (FS)

CORRESPONDENT OFFICER for major midwest bank.
Prefer college grad, ag oriented, to travel Wisconsin or Illi­
nois ............................................................Salary $35,000.

SHARP ELECTRONIC TELLER MACHINES—OverstockedSpecial Price for 30 days. Phone: 307/634-7402.
BURROUGHS S590 SINGLE POCKET DOCUMENT ENCODER. New. Never Used. Contact D.T. Ledlie, Phone:

COMMERCIAL LENDER for $100 million bank. Requires
5-10 years experience. Job entails loan cleanup—both ag
and com mercial..................................... Salary $40,000 +


NUMBER TWO person for $140 million bank. Must have
loan experience in larger bank. Position leads to CEO . . . .
................................................................. Salary $50,000 +

COMMERCIAL LOAN OFFICER—$600 million central
Iowa bank seeking an aggressive lender with college de­
gree and 5-10 years experience. Proven success with com­
mercial credits and work-out scenarios desired. Excellent
career opportunity. Send resume and salary history in con­
fidence to file WCO, c/o Northwestern Banker.
in major metropolitan Trust Division for a Business
Development Representative. Responsibilities include
generating and monitoring new business and sales through
marketing Trust services. JD and Trust or Marketing exper­
ience preferred. Please send resume and salary history to:
Russell Jensen, Employment Specialist, Bankers Trust
Co., Box 897, Des Moines, IA 50304.
COMMERCIAL LOAN OFFICER—Immediate opening for
head of commercial loan department. This person will also
supervise officer in charge of consumer loans. Minimum
of 3 years commercial experience required. Salary com­
mensurate with experience. Excellent benefits and career
opportunities. Contact: Robert S. DeWaay, President,
United States Bank, P.O. Box 309, Cedar Rapids, IA, 52406.
Member Hawkeye Bancorporatlon. Phone 319/366-8413.

AND Q j)


"Successful Banking is Quality Personnel"

If you would like to be informed of positions as they
become available and if you are interested in chang­
ing your present position, send your resume or
phone Don Schooler, 417-882-2265, 2508 East
Meadow, Springfield, Missouri 65804. Information
on you will be kept confidential until you are inter­
ested in a specific position.
Eighteen years of banking serving as President of
rural and metropolitan banks enables me to match
you, technically and personally, with the right bank­
ing environment.

Missouri, Iowa Oklahoma, Kansas, Arkansas,
Illinois, and Nebraska
COMMERCIAL LENDER, $150mm bank, $10,000
portfolio, middle market credits, excellent loca­
tion .......................................................... $35,000
COMMERCIAL LENDER, $100mm + bank, solid
commercial construction lending background,
$10mm portfolio, work-out cre d its........... $40,000
PRESIDENT, in a top suburban location, strong
business development and social background . . .
$80mm, #3 man, 7,500+ population, southern
Missouri, business development skills .. .$25,000
COUNTRY BANK, #2, Excellent town of 2,000,
small bank, needs all around lending abilities . . .
PRESIDENT COUNTRY BANK, $30mm + bank, ag
oriented, work-out credits, population of 4,000 ...
standing growth potential, requiring a seasoned,
stable, team builder administrator................OPEN
$20mm + , work-out and documentation expertise
OPERATIONS HEAD, $30mm + , good college
to w n ...........................................................$25,000
COUNTRY BANK LENDER, $30mm + , 1,500 popu­
lation, strong ag background, strong banking or­
ganization ................................................. $30,000

COMMERCIAL LENDER for $600 million midwest bank.
Must be experienced in handling major credits and good
at documentation..................................... Salary $40,000.

COMMERCIAL LENDER for major southern Minnesota
bank. Requires 5 or more years experience.........................
............................................. ..................Salary to $40,000.
TRUST OFFICER for $300 million midwest bank. Prefer
lawyer or CPA with trust experience . . . . Salary $35,000 +
AG LENDER for major eastern Iowa bank. Located in
metro area. Candidate will work in rural office...................
............................................................... Salary to $30,000.
TRUST OFFICER for $70 million Iowa bank. Prefer lawyer
with two or more years experience in handling trusts and
e sta te s...................................................... Salary $30,000.
BRANCH MANAGER for bank located near major urban
area. Requires 10 years experience. Prefer steady, wellrounded, ag-oriented banker with insurance licenses . . . .
................................................................... Salary $30,000.
CASHIER for eastern Nebraska bank. Requires 3-5 years
experience.............................................. Salary to $32,000.
AG LENDER for northern Iowa bank. Prefer college grad
with one or two years experience. Must know documenta­
tion .........................................................Salary to $25,000.
AG LENDERS for PCA, to serve as managers in excellent
farming areas. Offices do not have major problem loans.
Prefer college grads with 3 or more years experience and
farm background. Good documentation record is essential
................................................................ Salary to $30,000.
Write or call Malcolm Freeland or Cy Kirk in care of
Freeland Financial Service, Inc., 1010 Equitable Bldg., Des
Moines, Iowa 50309. Phone 515/282-6462. Employer pays
reasonable fee. Many other opportunities now available.

COMMERCIAL LO—upper Midwest, $200mm
bank, advancement opportunity, 2 + yrs exp.
SR AG LO—solid rural NE Bank, ownership
AG LO—Near Des Moines, $50 + mm bank.
TRUST OFCR—2 openings large depts, metro
areas, mktg skills needed.
COMMERCIAL R/E LO—1 yr experience, large
midwest grp, metro.
Barbara J. Rltta or Pam Swenson
6818 Grover Street, Suite 102
Omaha, NE 68106
Phone: 402/397-2885

REAL ESTATE OFFICER - manage dept, for $100MM bank
located in college town. Experience with secondary mar­
ket operation a plus.
SECOND OFFICER - $35MM Agri-oriented bank. Minimum
five yrs. Ag-Lending experience
SENIOR LENDER - supervise all lending divisions of
$125MM community bank. Degree and experience in large
bank desired.
COMMERCIAL LOAN ■ $75MM suburban bank affiliated
with major holding company. Requires excellent docu­
mentation and analysis skills.
CEO • medium size Ag bank located in small northern Mis­
souri community. Previous administrative experience re­
Additional opportunities available in Midwestern States.

2024 Swift - Box 12346
North Kansas City, MO 64116
“ Serving the Banking Industry Since 1970”

Vol. 13 No. 40 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fif­
teenth 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.
Federal Reserve Bank of St. Louis