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Vol. 15 No. 13

Des Moines, Iowa

July 14,1986

FDIC Uses New Approach in Iowa P&A

CSBS Audit Conference
The banking departm ents of
UNIQUE approach to assist a ber of loans FDIC could pass along, North Dakota, Minnesota, Montana
new bank that is purchasing a so the new note option idea was pre­ and South Dakota, in conjunction
failed institution was used for the sented to the buyers. U sing this with the Conference of State Bank
first time by FDIC on June 27 in the method, FDIC retained all loans, Supervisors (CSBS) will present a
takeover of a failed Iowa bank. As then gave the new Citizens State computer audit and control confer­
reported in the Weekly New sletter Bank a one year note for $33 million ence for bankers Aug. 18-21 at the
last week, the Commercial State bearing 7.5% interest. In this way, Minneapolis Marriott Hotel, Bloom­
Bank of Pocahontas, la., was de­ the new bank immediately gained ington. It is designed to provide
clared insolvent on that date. Carroll earning assets to give it income. It bankers with the knowledge they
County Bancshares, Inc., which may draw down on the note at any need to effectively manage, audit
owns the $60 million asset Carroll tim e in increments of $1 million or and control their bank’s electronic
County State Bank in Carroll, paid more, and the note terminates and data processing function.
an $11,000 premium to the FDIC to becomes payable to the bank in one
take over the approximately $42 year. This gives the new bank the
Iowa News
million in deposits by the newly- option of drawing down on the note
The Iowa Bankers Association
to meet local loan demand as it de­
formed Citizens State Bank.
Under its usual procedure in such velops, or to purchase any loans it has re-scheduled its semi-annual
Bank Directors Seminar to next De­
cases, FDIC would have injected wishes to take from FDIC.
FDIC is adding a further option cember 4 at Holiday Inn Gateway in
cash into the new bank equivalent to
the assets withheld by FDIC. This to its handling of failed banks. A Ames. The seminar had been sche­
generally has been a major share of bank purchasing a failed institution duled originally for July 22-24 in
the loan portfolio, consisting of bad may purchase whatever substan­ Storm Lake, Des Moines and Cedar
loans that got the failed bank in dard loans it selects at 90% of their Rapids.
trouble. This injection of cash and loan value. The FDIC official stated BRITT: Phillip D. Kennedy has
other assets was enough to equal the that if the purchasing bank feels been elected president of First State
total liabilities assumed. In many in­ that discounting the loan by 10% Bank of Britt. He has nine years of
stances, in today’s midwest eco­ will make it a workable loan, then it banking experience, joining the
nomy, this has meant the new bank can be incorporated into the pur­ bank after serving as senior vice
has a large amount of cash, limited chasing bank’s portfolio. If a bank president of the First Interstate
loan demand, and much lower rates should buy all the substandard Bank of Esterville.
today for return on Fed Funds, T- loans from the FDIC, the discount
drops the price to 85% of value. He DES MOINES: Sharon C. Johnson
Bills or other investm ents.
In the Pocahontas failure, an said it was too early to determine if has been elected vice president,
FDIC official explained, Commercial this approach has enough interest to human resources and Darrell E.
State Bank had only a limited num­ buyers.
□ Hughes, vice president, commercial

A

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

Merchants National Bank i: i

M em b er F.D.I.C.


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Federal Reserve Bank of St. Louis

A BANKS OF IOW A' BANK

Norwest Bank Des Moines, N.A.
NORWESr BANKS

Call (515) 245-3131 or toll-free (800) 362-2514
Member FDIC

M A N A G E M E N T . I N C .

Consultant to Bankers
• Loan Review and
Credit Adm inistration

Teamwork:
one of the reasons
we’re first in Iowa.

• Profit Planning

Lowell Barkley

loans at Hawkeye Bank. Ms. John­
son m ost recently served as employ­
ment supervisor for Employers Mu­
tual Companies. Mr. Hughes joins
the bank from First Interstate Bank
of Urbandale where he was assistant
vice president.

moved from Corydon where he was
vice president and cashier of Citi­
zens State Bank. He worked at the
Corydon Bank since 1973 and prior
to that was with Bankers Trust
Company, Des Moines.

Nebraska News
The petition drive calling for a re­
peal of Initiative 300 and placing it
on the ballot in November has failed,
falling short of the 54,000 signa­
tures needed. It was reported in the
July 7 N o r t h w e st e r n B a n k e r
N
ew sletter that the Nebraska Su­
IOWA CITY: Duane L. Swartzendruber has joined First National preme Court had ruled that Initia­
Bank as second vice president. He tive 300 was not unconstitutional.
previously was manager of the Iowa OMAHA: David C. Koenigsman
City office of MidAmerica Savings and John R. Miller have been ap­
Bank.
pointed presidents of Norwest Bank
Nebraska, N.A. Mr. Koenigsman
WEST BURLINGTON: Raymond will manage the bank location at
D. Hartley has been elected vice 24th and L in addition to the Live­
president and CEO at W est Bur­ stock Exchange and 45th and
lington Savings Bank. He has Center Street. Mr. Miller will manDUBUQUE: James T. Hamilton II
has been named executive vice presi­
dent and operations officer of Amer­
ican Trust & Savings Bank. He was
executive vice president, Union Na­
tional Bank, Wichita, Kan.

t's easier

C all 1-800-362-1688 or 515/245-2424.

Bankers
Trust Des Moines, IA
Member FDIC

Donald H. Jordahl
Vice President

ThereJsA Difference
In Banks...

Illinois News
CHICAGO: David A. Venard has
been promoted to senior vice presi­
dent, finance of Parkway Bank and
Trust Co./First State Bank of Chi­
cago. He has been with the bank
since 1984, m ost recently serving as
vice president of finance.
EVANSTON: First Illinois Corpora­
tion has completed the acquisition
of First Burlington Corporation and
its two banks, LaGrange Bank &
Trust Company and First Burling­
ton Bank, Willowbrook. First Illi­
nois now has 12 banking offices in
the Chicago metropolitan area and
total assets of $1.3 billion.

Used by bankers
throughout the m idwest

H. PETER De ROSIER
Vice President

Valley National Bank isl
Main Office-Sixth and Walnut
D ES M OINES, IOWA 50304

Estate Appraisals
Purchase of
Collections
Sale of Rare Coins
R eliab le and respected service
for over 20 years

For Professional
Correspondent Service
Call 1-800-622-7262


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Federal Reserve Bank of St. Louis

age the banking location at Regen­
cy. Mr. Koenigsman was m ost re­
cently manager of business banking
and sales finance. Mr. Miller was
m ost recently vice president of cor­
porate banking at 20th and Famam
Street.

GALESBURG: First Illini Bancorp,
Inc. and Community Bank and
Trust Company, Canton, have an­
nounced an agreement in principle
for First Illini to acquire Commu­
nity Bank and Trust Company. The
acquisition is subject to regulatory
approval and Community Banc-

to talk Iowa banking
with people who live it — people
like Donald H. Jordahl and the cor­
respondent staff at Bankers Trust.

I

773 Spruce Street
P.O. Box 159
Ocheyedan, Iowa 51354
Phone: [712] 758-3660

A BANKS O F IOWA BANK
Member FDIC

BenE. Marlenee
Coins
913 Locust
Des Moines, Iowa 50309
515-243-8064

a n k e r s® ,

B

(ANKERS®
^

SM

Some special candidates from
Robert Half's Banking Division

Partial list o f available Banking candidates.

LOAN REVIEW: Strong credit review and clean-up background in loans of $ 2 0 0 K + . Handles key credits in $100m + bank with four
plus years of solid experience.
DB700
$35K
CONSUMER LENDER: Competitor! Two plus years in aggressive consumer finance company attacking the market. Well trained and
goal directed.
DB701

$18K

PRESIDENT: Tested professional who has proven skills in two $15m banks with excellent results. Highly community active seeking
stable environment.
DB702
$33K
TRUST DEPARTMENT HEAD: Currently running growing metro department. JD, seven plus years in trust particularly good with
older professional clientele.
DB703

$42K

COMMERCIAL LENDER: Credit analysis training from large bank. Seeks more in-depth involvement than last year 1V2 has provided.
Taken charge of and added to $8m portfolio in metro setting.
DB704
$25K
AG LENDER: Talented lender with two years in $22m department working cash flows, FHA’s and farm calls. Understands customer
but can say no.
DB705

$21K

OPERATIONS HEAD: Heavy operations, asset and liability management plus accounting report experience. Ten plus years of
banking as a successful manager at the bank and holding company level.
DB706
$42K
CHIEF EXECUTIVE OFFICER: Dynamic take charge leader who knows how to handle the #1 spot. Currently running a $5m bank
with 1 + ROA and minimal classified. Family oriented professional who would add to any community.
DB707
$58K
CASHIER: Trained for three years as a bank examiner then added last two in $25m institution. Detail person, documentation skills are
A-1.
DB708

$23K

INSTALLMENT HEAD: Supervises three plus lenders. Worked with GSL’s, floorplanning, personal loans plus. New business
developer who leads by example.
DB709
$28K


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Federal Reserve Bank of St. Louis

(C O N TIN U E D )

PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES — FINANCIAL AND EDP
SENIOR COMMERCIAL LENDER: Built and shaped a $20m portfolio in competitive metro area. Relishes challenge, problem solving
and working with the hard to win customer. Eight plus years and MBA.
DB710
$48K
REAL ESTATE LOAN OFFICER: Experience + + + in diverse markets, heavy computer knowledge. Reorganized department in
$80m bank and turned it into profit center. Looking to further extensive skills in both residential and commercial.
DB711
$37K
SENIOR AG LENDER: Headed up farm loan department in $180m + bank. Super image and sales skills, good commercial and real
estate loan knowledge as well. Seeking opportunity not $ ’s.
DB712
$34K
PRESIDENT: Workout is a speciality. Has cured a serious problem situation while maintaining profits and without sacrificing good
customers in $40m + bank.
DB713
$48K
BANK AUDITOR: Three plus years in holding company environment involved in both staff and in charge work. Hard worker, doesn’t
mind travel or small communities.
DB714
$21K

RURAL COMMERCIAL LENDER: Eight plus years in $70m environment handling varied commercial loans from mom and pop to
large corporate lines. Credit analysis skills have kept things clean. Good people person.
DB715
$32K
TRUST OFFICER/JD: Estate planning, financial planning and technical talents. Community active as well as involved in statewide
banking organizations.
DB716

$24K

MORTGAGE LENDER: Started department from scratch. Familiar with FHA, VA, FHLMC and FNMA approvals. Managed six while
generating $7m + in new loans. Innovative lender who can close that important loan.
DB717
$70K
RETAIL BANKER: Upscale marketer with in-depth new business skills developing real estate, consumer and small commercial
clients. Has prospered in aggressive marketplace provided over last five years by $260m institution.
DB718
$26K
SENIOR AG LENDER: Detail-oriented professional with top-notch ag loan and personnel management skills. Seeks # 2 spot in $40$80m bank that offers growth. Very qualified in all areas of ag credit including larger lines.
DB719

$32K

FOR FURTHER INFORMATION ON THESE CANDIDATES
CONTACT KURT ROSENCRANTS

ROBERT HALF
317-6m AVENUE, STE. 650
DES M OINES, IA 50309
Banking, Financial,
Accounting and EDP
personnel specialists.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

(515) 244-4414

•

ATTENTION
IOWA BANKERS
PROBLEMS WITH YOUR
BLANKET BOND?
ARE YOUR UNDERWRITERS
DEMANDS EXCESSIVE?

We have been able to
solve many bonding problems
for bankers at the lowest possible premium.

Call or Write
THE KANSAS BANKERS
SURETY COMPANY
435 Kansas Avenue P.O. Box 1654
Topeka, Kansas 66601
1-913-234-2631

Serving bankers for more than 75 years

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Federal Reserve Bank of St. Louis

Supplement to Northwestern Banker Newsletter 7-14-86


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Federal Reserve Bank of St. Louis

3

C all on th e “ Experienced P rofessionals”
^F trsT ier.B an k

Ready to m eet your
correspondent needs.

®

_
®

•

^

0

®

Lincoln
13th & M Streets, Lincoln, Nebrssks 68501

shares of Canton, Inc. shareholder First Bank Minneapolis. Ms. Mas­
approval, and is expected to be com­ choff served m ost recently as na­
pleted by early 1987.
tional accounts division manager.
Ms. Clausen had been serving as
LOMBARD: Steven F. Gersch has manager of complex plan adminis­
been named vice president, corpo­ tration.
rate banking at Bank of Yorktown.
He was previously assistant vice MINNEAPOLIS: Keith Fenhaus
president, commercial loans at Colo- has been named senior vice presi­
nial Bank & Trust Company of Chi- dent, finance and planning for the fi­
nancial services division of First
cago.
Bank System , Inc. He m ost recently
Minnesota News
was vice president, treasurer and
MINNEAPOLIS: James M. Lyon, controller for FBS Mortgage Corpo­
assistant vice president, has been ration.
named vice president for banking
North Dakota News
supervision and regulation at The
Federal Reserve Bank of Minneapo­
North Dakota Bankers Associa­
lis.
tion officials and the state office of
MINNEAPOLIS: Marquette Bank the Farmers Home Administration
Minneapolis has named Curtis F. are planning a series of eight meet­
Johnson as vice president and man­ ings across the state to provide
ager of the bank’s international bankers with information about
banking department. He has more FmHA’s loan programs and person­
ally discuss their questions. The
than 10 years banking experience.
dates and locations are as follows:
MINNEAPOLIS: Three have been
July 29 - Norwest Bank Bismarck
appointed to vice presidents at NorJuly 31 ■Hospitality Inn, Dickinson
Aug. 5 - MDU Building, Williston
west Bank: John Weingart, indivi­
Aug. 6 - First American B&T, Minot
dual trust services, and Deborah
Aug. 7 - ArtClare Motel, Devil’s Lake
Maschoff, and Susan Clausen, NorAug. 12 - Westward Ho, Grand Forks
west Capital Resources. Mr. Wein­
Aug. 13 - Doublewood Inn, Fargo
Aug. 14 - Gladstone Inn, Jamestown
gart had been a vice president with

'gpiJW

M agnum V ault Doors

Firsller Bank, N.A., Lincoln, Member FDIC

Wyoming News
CASPER: E. Rube Rider has been
promoted to senior vice president of
lending at Mountain Plaza National
Bank. He has served as vice presi­
dent since 1983.
Colorado News
DENVER: The board of Colorado
National Bank-South has promoted
Nancy A. Nicholson to vice presi­
dent. She has been with the bank
since 1970.
Serving bankers quietly and efficiently.

C APITAL PERSONN EL SERVICE
714 First Interstate Bank Building
Des Moines, Iowa 50309
515-283-2545

Fortify your
earnings
with quality
investm ent
programs.

Ship from stock - Two on display in our showroom
i f l 3§§j|

The industry’s highest quality and the industry’s lowest cost

Bankers Security—Safe and Vault
H |§ B ||
■ ■ ■ IR

9906 A E. 53rd St. Raytown, MO 64133
816-358-0883

Inquire about FLEXOPAY®
CALL:

■ a com puterized billing/credit system

1-800-772-2411

■ generates additional income from
present staff and equipm ent

WRITE:

■ m eans of increasing your local
commercial business
■ plan developed by bankers for bankers

LeRoy Bell
The National Bank of Waterloo
RO. Box 90,
Waterloo, IA 50704

Loan and investment reviews
and other management services

UNITED MISSOURI BANK
Member FDIC of KailSaS C ît^ ll.a.

SWORDS ASSOCIATES. INC.

10th and Grand • P.O. Box 226
Kansas City, Missouri 64141
(816) 556-7200

P R O F E S S IO N A L B A N K IN G C O N S U L T A N T S

4900 OAK

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Federal Reserve Bank of St. Louis

Bond portfolio recommendations
from United Missouri Bank
reflect over 55 years of portfolio
management experience. Call
us today for your program.

SUITE 301 KANSAS CITY, MO 64112
(816) 753-7440

POSITION AVAILABLE
LENDING OFFICER

aqncareers, inc .
J

AG BANKING PERSONNEL SPECIALISTS

$55M midwest bank seeking experienced lender
for ag-commercial loans. Must be seif starter with
good documentation and information gathering
skills. Could be #2 man in 12-18 months. Please
send resume to File No. WGD c/o Northwestern
Banker.
SENIOR LENDER for $35M bank In western Nebraska.
Senior Lender with commercial and agricultural lending
experience. In charge of $22M loan portfolio. Send resume
and salary requirements to File No. WGB c/o Northwest­
ern Banker.
(PA)
Position available in N.E. Nebraska-bank—SENIOR OFFI­
CER in a small rural Ag bank. Ag lending experience re­
quired; bank operations experience and knowledge of
FmHA programs preferred. Send resume to File No. WGC
c/o Northwestern Banker.
(PA)
LOAN OFFICER. Preferably 2-4 years experience. Opportu­
nity to work with a good, clean bank in a progressive com­
munity surrounded by productive agricultural area. Send
letter of application and resume to Jim Molloy, First State
Bank, Conrad, IA 50621.
(PA)
AG LENDER #2 position. 2-5 yearsag creditexperience
with real estate lending experience a + . Send resume and
salary requirements to: Galen Reading, V.P./Ag Rep., C/O
First Nat’l Bank of Mapleton, (Box 306) Mapleton, MN
56065.
(PA)

FINANCIAL BUILDINGS
Temporary/permanent, new/used, purchase/lease,
available now 14’ x 60’, 24’ x 60’, 24’ x 70’, fully
equipped with vaults, depositories, DUW, teller
equip., pneumatics, safe deposit boxes. Call 316263-4557. SON CORPORATION, Box 684, Wichita,
KS 67201.

SENIOR LENDER for $60 million Illinois bank. Requires ag
and commercial lending experience ___ Salary to $45,000
OFFICE MANAGER for town of 3,500 . . . Salary to $40,000
CEO for small Western Iowa bank located in town of 2,000.
Requires ag background.......................... Salary to $35,000
TRUST OFFICER with employee benefit experience. JD
preferred but not required........................ Salary to $40,000

Jean 712/779-3567
Massena, la. 50853

Sandl 515/394-5827
New Hampton, la. 50659

Confidential. Employer paid fees
WANT ADS— Rates are $5.00 per line per Insertion. Add
$3.00 for file letters per Insertion. Identity of file letter
advertisers cannot be revealed. NORTHWESTERN
BANKER, 1535 Lindan Suita 201, Daa Moines, Iowa 50309.
Phono 515-244-8163

WANT TO BUY

D onald E. H older , Principal

FOR SALE
RECONDITIONED
BRANDT Coin Sorters-Counters
BRANDT Currency Counters
New Warranty
402-571-5577

POSITIONS AVAILABLE
PRESIDENT
Do your abilities deserve greater recognition? Small MT
Bank with clean portfolio seeks community minded
leader. Desire 8 + yrs coml/ag lending exp., degree, &
strong marketing skills.
To $40,000
Job #B8737.

SENIOR LOAN ADMINISTRATOR
Frustrated? Med size outstate bank in great MN city de­
sires mgr of the lending function. 7 + yrs coml lending
exp., degree, & outstanding people skills needed. This is a
great opportunity.
To $50,000
Job#B8738.

AG LENDER
A great step forward! Med SW MN bank desires Sr. Ag
lender. 6 + yrs ag lending exp., strong analytical abilities,
& assertive marketing skills desired.
To $35,000
Job #B8739.
FOR MORE INFORMATION
CONTACT PAUL GENTZKOW

(612) 339-9001
ALL FEES COMPANY PAID

Freeland Financial Service
1010 Equitable Bldg. Das Moines, IA 50309
515/282-6462
Employer pays fee.
Please contact'Malcolm Freeland concerning these quali­
ty applicants or for other types of banking officers.

FOR SALE

FOR SALE

BURROUGHS 1000 posting machine and auto reader has
been under maintenance contract. Price is negotiable.
Call (319) 372-1134
(FS)

Burroughs S4909 OCR document processing sys­
tem. 12 pockets. E13B font. Microfilm Module op­
tion. S4000 Alpha keyboard. 1 year old.

B A N K IN G

USED 2400 BAWD MODEM—make an offer. Contact First
Community Bank & Trust, Traer, IA. (319) 478-8746.
(FS)

POSITIONS WANTED
EXPERIENCED ag/retail/installment lender in $35 million
bank seeking affiliation with midwest bank. Have 31 years
experience in two Iowa banks. References available. Lyle
G. Hansen, 55 Settlers Lane, Denison, la. 51442.
712/263-4759.
(PW)

POSITIONS AVAILABLE
SR. VICE PRESIDENT. Oversee all lending and \
i supervise ten lending officers. Portfolio is primarily j
I commercial/real estate; background in either area. ;
120,000com m unity........ To$50,000 .........Call Bruce j
TRUST DEPARTMENT HEAD. Holding company |
\ bank is $270 + mm located in a historic setting. 5 +
years general trust and good staff development
| skills....................... To $55,000 ..................... Call Mar]
Ï COMMERCIAL LOAN OFFICER. Rapid movement to
| #2 possible. Mainstreet commercial business along
! with participations and real estate. Benefits, profit
¡sharing .................. Mid$30's ................... Call Dean
V.PJAG DEPT. MGR. Responsible for ag portfolio at
this $50 + mm bank. Progressive, county-seat town
j with good growth in last decade..................................
( C.L.OJV.P. If you can handle a $20mm commercial
j portfolio and have 5 + years in commercial, this
■$500 + mm holding company bank offers tremen{ dous upward mobility quickly! Bank is located in rescession proof, progressive community ....................
........................ To $50,000 ......................... Call Mar]
VICE PRESIDENT. If you are CEO material and this
j is your goal, this highly rated bank near metro city is
for you! Knowledge of ag and small commercial . . .
j ............................. $30*8 ............................. Call Dean
| CREDIT REVIEW MGR. Retirement of existing man, ager opens this spot! Commercial, installment, and :
\ real estate portfolio. Loan review background ........
I .............................$40’s ............................. Call Bruce
I CORPORATE TRUST OFFICER. $370mm lead bank
I for viable holding co. Experienced employee benei fits person with business development skills, salary
i plus in centive............ To $47,000 ............. Call Mar]
SR. VICE PRESIDENT. Take charge of loan dept., j
: 50% ag. Supervise five loan officers. Experienced
; lender .....................$40,000 ..................... Call Dean j

RO BERT BMLF
3636 IDS Center
Minneapolis, MN 55402

REAL ESTATE LENDER with at least 5 years experience in
sales, pricing and production. Knowledge of residential
and commercial products. Wifi manage Secondary Market
Activity ............................................................... Salary Open

TEXAS INSTRUMENT COMPUTER MODEL NO. 990 com­
plete with a terminal and two printers. Make offer (712)
523-2171.
(FS)

<z H o CcI ex a n d c^hioaLatzi,
Bank Consultants

BANK AUDITOR for ma]or eastern Iowa b a n k ....................
..................................................................... Salary to $32,000

WANT to move into community in northern half of Iowa to
purchase, control and manage good community bank.
Have 20 years successful farming experience and five
years as successful CEO/owner of community bank in
midwest. Would consider #2 position with option to pur­
chase. Write File WGA c/o Northwestern Banker.
(WTB)

LeaseAmerica Corporation
Cedar Rapids, IA
319/398-7815

Specializing in Bank Acquisitions
515-232-0814
P.O. Box 450 405 Main Ames, Iowa 50010

FINANCIAL CAREERS
CEO for $16 million Iowa Bank located in scenic farming
community. Requires Ag lending and overall bank super­
vision background .....................................Salary to $40,000

(personnel S earch
1126 So. 72nd St. Omaha, Ne. 68124
. 402 -

397- 2980.

PRESIDENT • Need strong ag banking experience.
Degreed - capable of supervising a staff of 80 - 3rd
tier level management major Greater Omaha
bank. To $80K.
CEO - Need bank management and business de­
velopment experience. SE Nebraska bank. To
$45K + Bonus.
INVESTMENT REP • Need 2 years or more experi­
ence with stocks & bonds, either stock broker or
with a bank (correspondent banker). Degree
-Omaha. To $35K + Comm.
All fees are paid by our client employers.
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
LOAN REVIEW - lead bank of major mldwestern holding
company. Requires degree and minimum of two yrs. loan
review experience In large bank environment.
$28K
COMML. LOAN - $100M suburban affiliate of large multi­
bank holding company. Strong technical skills and 3 yrs.
or more experience.
$30K
INSTL. LOAN • manage consumer department for $80MM
suburban bank. Ideal candidate will have five yrs. instal.
lending background including dealer paper.
$30K
CEO - small rural bank located close to recreational area.
Work out situation. Ag credits not the problem.
$38K
AGRI LOAN - primary responsibility for all Ag credits in
$25MM community bank. Assist with commercial loans.
$35K
Additional opportunities available. Resume requested.

TOM HAGAN & ASSOCIATES
2024 Swift - Box 12346
North Kansas City, MO 64116
816/474-6874

“Serving the Banking Industry Since 1970’’

Voi. 15 No. 13 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, $18.00 per year. Second class postage paid at
Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts to Northwestern Banker, 1535 Linden
#201, Des Moines, Iowa 50309.
Digitized forSt.,
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