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• Vol. 16 No. 9 Des Moines, Iowa June 15,1987 Banking Bill Goes to Committee Y A VOTE of 48-1, The House Banking Committee voted last B week to call a conference with the Senate Banking Committee in an ef fort to resolve their differences on two almost completely different •banking bills. House Chairman Fer nand St Germain (D., R.I.) was ex pected to call for a full House vote for the conference call late last week ^an d conference sessions were ex p e c te d to start at once. In its June 9 A B A Bankers Week ly, The American Bankers Associa tion said this could be followed ^ “with final enactment of legislation possible by July 4.” The importance of the banking legislation to the House is the fact that “every committee member was ^present and accounted for—no small ieat for this large a committee,” noted the Independent Bankers As sociation of America in its Washing ton Weekly Report of June 5. ^ The House Bill, H.R. 27, ad dresses only the recapitalization of the FSLIC, offering a $5 billion ad dition to the present $5 to $6 billion FSLIC fund that reportedly needs ^ a s much as $28 billion to resolve the difficulties it has with more than 400 insolvent s&ls nationwide. The Senate Bill, S.B. 790, has a half-dozen titles, of which three are ^considered germane (no pun in tended) to the conference commit tee. Title I in S.B. 790 outlaws non bank banks, although it grand fathers far more of them than the banking industry feels is justified and more than the Congress stated in 1985 and 1986 it would tolerate. But the ABA and IBAA both are firm in their support of this move to close the non-bank loophole, a ges ture they feel might be the last such opportunity. Title II of S.B. 790 originally authorized insurance, real estate and securities powers for banks, but the Senate Banking Committee did a 180° turn by adopting Title II with an onerous one-year moratorium, which effectively gives bank compe titors a full, free year to flaunt their unsupervised and unregulated ad vantage so they can raid as much of the commercial banking business as possible in the next 12 months. Consequently, the unified ap proach of ABA and IBAA to the conference committee is to “Pass I, Kill II,” as stated succinctly and with clarity by ABA’s Ed Smith in the A B A Bankers Weekly editorial on June 9. In addition, that issue posted the names of the Senate Democrat and Republican conferees, which include these Senators from upper midwest states: Chairman Wm. Proxmire, Wis., and Alan Dixon, 111., both Democrats; former Chairman Jake Garn, Utah, and Wm. Armstrong, Colo., both Republicans. Potential F irsT ier. Correspondent Services House conferees listed by ABA from the upper midwest include: Frank Annunzio, 111.; Bruce Vento, Minn., and Gerald Kleczka, Wis., all Demo crats; Jim Leach, la.; Doug Bereuter, Nebr., and Toby Roth, Wis., all Republicans. There are 27 other Democrats and 16 other Republi cans on the House Banking Commit tee who can also be selected for con ference committee service. ABA lists the U.S. Capitol switchboard telephone as 202 2243121 so bankers can contact their Senators or Representative to ex press their views on this key issue. * * * l s e w h e r e in the nation’s capitol last week the big politi cal news was the resignation of Paul Volcker as chairman of the Federal Reserve Board prior to the expira tion of his term in August of this year, and the immediate naming of Alan S. Greenspan by President Reagan to be Mr. Volcker’s succes sor in the powerful role as chairman. Mr. Volcker will serve out his term until Mr. Greenspan is confirmed by the Senate. * * * E Also, hearings before the House Agriculture subcommittee on the proposed secondary market for ag real estate, backed by ABA, IBAA and life insurance companies, con tinued. Charles Sethness, assistant Secretary of the Treasury, voiced administration opposition to the Mom o f what it takes to serve you well. F irsT ier B an ks Lincoln • Omaha FirsTier Bank, N.A., Lincoln and FirsTier Bank, N.A., Omaha, Members FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 Norwest Bank Des Moines, N.A. NORWEST BANKS Call (515) 245-3131 or toll-free (800) 362-2514 M em b e r FDIC polis, was named second vice presi dent. R. James Gesell, president, Cherokee State Bank, St. Paul, con-® tinues as treasurer. Truman L. Jef fers continues as MBA executive vice president. Teamwork: one of the reasons we're first in Iowa. proposal on the grounds it would cost the government money, yet also testified he also opposed it because it would funnel only good business into the new market and leave FCS with all its bad loans. GAO testified by saying a secondary market would bring more liquidity into farm fi nancing. □ Regarding Last W e e k ’s FCS Sales Charts: Readers may have questioned the figure listed for April land sales in Wyoming, which was $1,031.25 per acre. The Farm Credit System office in Omaha explains that its Wyom ing region includes a portion of the Nebraska panhandle, and therefore Terry Martin MNB Correspondent Banker Together We Can Accomplish Great Things CLOQUET: John R. Baker has been# elected president and a director of First Bank Cloquet. He has been as sociated with First Bank System since 1965, most recently as senior vice president and retail banking# Richard Pederson manager at First Bank Mankato. this figure includes sales of some HINCKLEY: The Farmers & Mer Nebraska farmland. For future chants State Bank of Hinckley has charts the FCS plans to limit figures been sold to Dennis Frandsen o f ^ listed for a state region to land Rush City. He will serve as chair strictly within that state. man of the board. Dennis D. Volden, a 19-year employee of the bank, will Iow a N ew s be president. On Wednesday, June 17, First In terstate Bank of Des Moines and MINNEAPOLIS: Resource Bank & # ITS, Inc. will hold a live demonstra Trust has appointed two vice tion of the pilot point-of-sale at the presidents. Jack Anderson has Colonial Standard Station, ju st off joined the bank in the loan depart 1-235 at 35th Street in West Des ment and will be responsible for Moines. The demonstration will be commercial lending at the M inne-# held at 10:00 a.m. This service tonka office. He previously served allows customers to purchase fuel as a lending officer in the executive financial services department of using their bank card. Marquette Bank Edina. Sally Jo * * * Harff will be vice president in sales ® The Iowa Bankers Insurance & and marketing at the Minnetonka Services Life Licensing School will be held July 27-28 at the Park Inn in and downtown Minneapolis offices. Des Moines. Fee is $55 for bankers She previously was vice president and $65 for non-bankers. For more and branch manager at Marquette inform ation, contact C harlotte Bank Lake’s Abbott-Northwestern ® Kraai at (800) 532-1423 or (515) 286- Hospital office. 4395. MINNEAPOLIS: Paul F. Walsh, a former executive with Citicorp in M in neso ta N ew s Europe and the U.S., has been # James R. Jorstad, president, Citi named a senior vice president of zens State Bank, Hayfield, was Norwest Bank Minneapolis and de elected president of the Minnesota signated head of its capital man Bankers Association at their con agement and trust division. He suc vention June 8-9, succeeding Roy ceeds C. Roger Bailey, who has an- # Terwilliger, president, Suburban nounced his intention to retire at National Bank, Eden Prairie. A. year-end after 38 years with Nor William Sands, chairman, Western west. Mr. Walsh most recently was Bank, St. Paul, moves to the office senior vice president and regional of first vice president of the associa business manager for Citicorp’s card # tion. James H. Hearon, III, chair products in Frankfurt, West Ger man, National City Bank, Minnea- many. For Professional Correspondent Service Call 1-800-622-7262 Call 319-398-4320 or toll free 1-800-332-5991 Strength of \ Eastern J |o w a _ ^ / Merchants National Bank in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Cedar Rapids. Iowa 52401 Member F 0 1C A BANKS OF IOWA BANK ThereJs A Difference In Banks... Valley National Bank a Main Office - Sixth and Walnut DES MOINES, IOWA 50304 A BANKS OF IOWA BANK Member FDIC JAMES F. MacLEAN Vice President H. PETER DeROSIER Vice President Some special candidates from Robert Half's Banking Division • Partial list o f available Banking candidates. •RETAIL LENDER — Innovator. 5 + years consumer/comm’l lending trained in holding co. has supervised up to 4. Well rounded banker blocked in career path, strong cross-seller and business developer. DB500 $26K VP of AG — Solid performer w/FmHA exp, ag degree and extensive micro computer skills seeks new oppty. Played mgt role in •resurging bank dealing with w /o and cleaning up documentation. Can do personality. DB501 $33K PRESIDENT— Currently running one of the healthiest rural banks in the midwest. Over 15 years of banking exp w/m ost recent being as #1 in $30m + bank. Has done fantastic job of bringing in new and keeping old customers. •D B502 $48K BANK CONTROLLER — CPA with 6 years audit experience desires to move into bank mgt. Heavy bank and S&L audit exp. Personable individual who works well with all departments. DB503 Mid $20’s SR COMM’L L.O. — New business developer who has strong analytical skills. 8 + years of commercial developing a $15m portfolio, Mgt level person who still produces. Challenge driven needs room to grow in new environment. DB504 $40K •ANALYST/PGRM — BS degree and five years work experience. Has worked w/COBOL on IBM, HP and Burroughs hardware. Insurance and financial applications with conversion experience. Very stable job record. DB505 Mid $20’s CONSUMER LOAN OFFICER — People oriented lender w /4 + years of exp in $70m bank. Collection skills, auto floor plan work, •bble to get things done. DB506 $21K CREDIT REVIEW MGR — Been on both sides of desk. Experienced credit analyst who has been comm’l lender and examiner. Well versed in data processing, documentation and knows what it takes to make a good loan. •bB 507 $35K • AG/OPERATIONS— Outgoing operations person w /5 years of experience overseeing teller, cashier duties and ag lending in a $25M bank. Enjoys rural environment, family directed and community involved. DB508 $25K SR. AG — No nonsense executive w/over 7 years in $70m + could easily run a smaller bank or be # 2 in a larger. FmHA approved lender w/financial analysis skills. Has the image and intellect to work hard and smart. DB509 $40K % OMML/R.E. LENDER — Head of real estate/comm’l dept over the past 6 years supervising 8 with prior exp as a bank examiner. Detail oriented achiever looking for #2 spot in rural bank. DB510 $36K X E O — High performance mgr has been successfully running a $20m + institution averaging a ROA of 1 + . Grew up on a farm, college degreed. A banker who can keep community spirits, profits and loan quality running at a peak. $37K DB511 AG/OPS — Enjoys small towns! Operations skills and insurance licenses. Current duties include cashier duties, lending, analyzing Jnancial statements, cash flows and appraising real estate. T)B512 $23K https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (continued) PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES COMM’L LENDER — County seat banker who has super understanding of day to day commercial lending in rural bank. 6 years of lending includes real estate, main street commercial and some consumer. Ready to contribute to new team and build your bank. DB513 $36K CREDIT ANALYST — Top notch image! Has performed in-depth analysis on current and prospective commercial borrowers. High GPA, 3 + years credit work and commercial training presenting loans to committee and sitting down with customers. DB514 $25K PROJECT MGR — 10 years progressive banking experience. Excellent in design and development of lending systems, mortgage, consumer, installment, variable rate, balloon etc. Respected BX users and programming staff. DB515 Asks low $40’s CONSUMER LOAN HEAD — Organized but aggressive dept mgr who has extensive floor plan, dealer paper expertise open to new challenges. Has been dept head for past 3 years, over 7 years in lending plus 4 year degree and light comml. DB516 $34K SR AG OFFICER — Increases efficiency by handling work of several. With smaller portfolios you need to have best in every position and here is someone who fits the bill. 10 + years ag, degreed, strong leadership and quality lender. DB517 $41K JR. COMML — MBA/driven 2 year person who has been well trained in putting quality deals together. Has been involved at every level of commercial in $80m + bank, cash flow skills and good analyst. DB518 $28K AG LENDER — Well rounded ag person who has done it all in a $40m bank. In control of a $12m ag portfolio dealing w/corn, beans and livestock farmers. Looking for more active ag dept that can offer greater challenges. DB519 $32K SR LOAN OFFICER — Handling a portfolio of over $40m+ with large bank training and fast track background. Proven self in w/o, bringing in new accts and overseeing clean-up of several holding co. bank portfolio’s. Hardcharger. DB520 $63K OPS MGR — Makes things hum. Efficient performer with background comprised of several years in lending and operations. Marketer who is capable of working in all areas of bank but particularly skilled in keeping operations side of organization running smoothly. DB521 $35K PRESIDENT — Proven executive who has heavy exposure to comml, real estate and ag. Quality mgr builds loyal following in customer base. Has been running $55M bank for past 4 years. DB522 $62K EX VP — Versatile ag specialist who has supervised 5 + lenders. Outstanding credentials! Looking for #1 or 2 spot in bank that is committed to community. Enjoys small towns, active in professional and service organizations being a leader in all. DB523 $37K CONSUMER LOAN— In charge of finance co. branch, very well trained and successful just tired of being transferred every year and a half. Supervises 7, deals well w/professional market and middle income borrowers. The type who dives into work. DB524 $20K AG LENDER — Primary responsibilities over past 3 years have been ag and comm’l lending. Done extensive cash flows, loan analysis and set up borrowing training courses on hedging, marketing etc. DB525 $23K BANK AUDITOR — CPA with 2 yrs public audit exp wishes to pursue career in banking. A detailed and organized individual with directors exam experience. DB526 Earns $20K FOR FURTHER INFORMATION ON THESE CANDIDATES CONTACT KURT ROSENCRANTS 317-6TH AVENUE, STE. 650 DES MOINES, IA 50309 (515) 244-4414 https://fraser.stlouisfed.org WORLD’S Federal Reserve Bank of St. Louis LARGEST BANKING, ACCOUNTING, AND EDP PLACEMENT SPECIALIST WILMONT: The FDIC has ap proved the transfer of insured de► posits and fully secured or preferred deposits of First National Bank of Wilmont to Farmers State Bank of Mountain Lake. The failed bank’s only office was closed May 29 and >reopened June 1 as a branch of Farmers State. The decision to ar range an insured deposit transfer was made because of an indetermin able amount of contingent liabilities Un the closed bank. The Wilmont bank had total assets of $14.9 mil lion. Administration of the deposits transferred to the new bank will be funded by an equivalent cash pay1ment from the FDIC. The Mountain Lake bank is paying the FDIC a pre mium of $151,000 for the right to re ceive the deposits, and will purchase other assets of the failed bank for 1$10 million. ^ 9 a w Illinois N ew s CHICAGO: George F. Scully has been named vice president and general counsel of the Cole Taylor Banks. He has been in hanking for 13 years. He previously served as an associate attorney with DeHaan & Richter, Chicago, and as a bank examiner for the FDIC. W isconsin N ew s MADISON: Donald L. Weber has 0 joined Bankers’ Bank of Wisconsin as senior vice president, investment. He formerly served in that capacity at First Bank, Creve Coeur, Mo. SHAWANO: Karen Kalishek has ® joined the staff of Citizens Bank of Shawano as vice president, control ler and cashier. Her former position was as manager of finance for Im perial, Inc. of Green Bay. M o n tan a N ew s W HITEFISH: Keith Armstrong has been elected president of the First National Bank of Whitefish. He previously held the position of president of the First National Bank of Eureka. Both banks are affiliates of Evergreen Bancorporation, Inc. Mr. Armstrong has been in banking since 1971 and was with the First Bank System until 1986. C olorado N ew s Jon Coates, chairman, Century Bank of Denver, was elected presi dent of the Colorado Bankers Asso ciation at their convention June 3-6, succeeding A.J. “Tony” Anderson, president, Kiowa State Bank. Fol lowing Mr. Coates as president-elect is Dave Scruby, Sr., president of the Evergreen National Bank in Ever green. Don A. Childears continues as CBA executive vice president. DENVER: A t United Banks of Colo rado, Inc., Donald W. Robotham has been appointed executive vice presi d ent-cred it administration; Susan K. Koonsman, vice p re sid e n thuman resources; Robert L. Schioep, vice president and controller, and Daniel V. Sheehan, vice president in real estate banking. Mr. Robotham and Mr. Schoep have been with United Banks of Colorado since 1960 and 1974, respectively. Ms. Koonsman was previously a vice president for IntraW est Financial Corporation. Mr. Sheehan joined the bank this year. Come to the Investment Specialists committed to quality. In these tim es of change and uncertainty, rely on the time-tested quality invest ment recommendations of the Investment Banking Division of United Missouri Bank. Ily UNITED MISSOURI BANK MemberFD.c q| Kansas City, n.a. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10th & Grand • P.O. Box 226 Kansas City, Missouri 64141 • (816) 556-7200 4 Capital improvement plans and other management services NEW OPPORTUNITIES SW ORDS ASSOCIATES. INC. PROFESSIONAL BANKING CONSULTANTS 4900 OAK BANKING VICE PRESIDENT. Looking for that head spot? $150mm bank offers you the chance! Supervise real estate oriented staff in commercial loan depart ment. Profit sharing, health and life make this move to a college community worthwhile! ......................... .......................... $45,000.............................. Cal I Steve. AGRICULTURAL LOAN OFFICER. Major regional holding company wants your ag lending experience to “start us fresh in ag.” If you would rather be busy building and managing a portfolio than buried in the drudgery of work-outs, call me. Full benefits, retire ment, pension! ............$32,000................ Cal I Bruce. VICE PRESIDENT. Couple the grain and cattle with a strong ag bank to fulfill your dreams! Handle an ag portfolio of $13mm for this holding company bank of $60mm. Excellent support staff makes life easy. Thrift program heads the excellent benefits! . .......................... $40,000.............................. Cal I Steve. SENIOR VICE-PRESIDENT. Challenge, promotion, and diversity! You will be joining one of the finest performing holding companies! As a member of the Management Committee you will establish bank policy, primarily commercial, you will supervise offi cers and handle key accounts. Fully funded retire ment, pension, bonus! . . . .$52,000.........Call Bruce. CASHIER. If your expertise is operations and report ing, come grow with this $24mm bank located in metro area. Supervision skills are the key. Profit sharing, full health and life insurance make up an at tractive benefit package! .. .$28,000. .. .Call Steve. VICE PRESIDENT, COMMERCIAL LOANS. Advance ment potential? “No question about it, that is why this spot is available!" As a major officer of this $1 + billion bank you will work their largest ac counts. Experience and street smarts could gain you an interview. Bonus, tuition, 401K........................ ...........................$42,000..............................Call Bruce. SUITE 301 KANSAS CITY, MO 64112 (816) 753-7440 POSITIONS AVAILABLE SR. LENDER V.P.—Several years experience of lending - strong in ag lending - $60 million bank, Central Iowa. $40K Range. CONSUMER LENDER—-Need 2 years experience in bank or small loan company. West Iowa loca tion. $55 million bank. $18-22K. 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 CREDIT ADMINISTRATION Consultant available on a temporary or an intermediate basis in an on line or advisory capacity specializing in: • LOAN RESTRUCTURING • LOAN WORKOUT • LIQUIDATION 22 years experience in acquisition and liquidation D.E. CHYMA 3032 7th St., Moline III., 61265 — All Replies Confidential — JR. REAL ESTATE LENDER—Top rated group is looking for a sharp, aggressive professional with 2 years e xp e ri-A ence and desire to move up...................................To $ 2 4 ,0 0 0 ^ COMMERCIAL LOAN— Prefer large bank training and ex perience for a $40mm commercial department. To $38,000 BANK AUDITOR—CPA/CIA or CBA with bank audit experi ence and supervisory skills................................... To $28,000 AG LOAN OFFICER—Good opportunity for a Jr. Officer t o ^ improve career path...................... ......................... To $23,000 w Financial C areers, Inc. Two Ruan Center/Suite 1000, Des Moines, IA 50309 515/245-3786 Employer pays fee. Please contact Lorraine Lear or Malcolm Freeland c o n - A cerning these and other Midwest banking opportunities. w BANKS FOR SALE A multi bank holding company in northwestern Iowa is interested in selling three bank subsi diaries. The assets of the banks range from ap proximately $16MM to $22MM. Interested persons will be required to sign a confidentiality agree ment and submit a letter of representation regard ing their financial resources among other matters. No broker’s fee will be paid by seller. Persons may indicate their interest by mail to P.O. Box 1600B, 699 Walnut St., Des Moines, IA 50309. (FS) POSITIONS AVAILABLE JR. COMMERCIAL LENDER Are you short on exp but ready for a new challenge? Mpls bank, part of a profitable holding co, is looking for a dyna- A mic individual to play a key role in its commercial loan divi- ” sion. Desire 1 + yrs coml exp and a degree........................... To$29K. Job #NW1793. CASHIER FOR SALE RECONDITIONED BRANDT Coin Sorters-Counters BRANDT Currency Counters New Warranty 402-571-5577 Do you have untapped mgmt ability? Holding co bank in great Eastern MT location seeks an action-oriented cashier to streamline its operations dept. Position will be ^ resp for teller line, bkpg & proof areas, as well as preparing monthly Board reports. Looking for 2 + yrs banking opera tions exp and a degree. To$28K. JOb#NW1794. CREDIT ANALYST (personnel Search 1126 So. 72nd St. Omaha, Ne. 68124 CHOOLER In ASSOCIATES "Successful Banking is Quality Personnel" POSITIONS AVAILABLE POSITION AVAILABLE CHIEF EXECUTIVE OFFICER. $47MM Bank looking for an aggressive #2 man that can handle the challenge this posi tion offers. People skills a must. Send resume to File No. WIX c/o Northwestern Banker. (PA) Four bank holding company seeks SENIOR LENDER to oversee the entire lending function. Salary commensurate with experience. Send resume to File No. WJH c/o North western Banker. (PA) Additional experienced AG LOAN OFFICER, dairy back ground, degree, NE Iowa, county seat 4,000 population. $47MM bank. Send resume to File No. WJM c/o North western Banker. (PA) Walker State Bank, Walker, IA seeks CEO. Insurance ex perience required. Nice community. Good bank. Send resume to Terry Engleken, Iowa State Bank, Center Point, IA 52213. (319) 849-1838. (PA) ACCOUNTING & CONTROL OFFICER needed for a group of small banks in N.E. Nebraska. Salary negotiable. Send resume to Box 1276, Columbus, NE 68601. (PA) FOR SALE REPOSSESSION of complete line of camera equipment from a professional photographer has left us with a wide array of top-line 35 mm cameras, lenses, related items and dark room equipment. Original value $10,800. Appraised resale value is $5,378.00 Will sell entire stock for $5,000.00. Write File No. WJN c/o Northwestern Banker. (FS) VICE PRES. COMMERCIAL REAL ESTATE, 90,000,000 metro bank. 10 or more yrs. experience. Degreed. Technical expertise in analyzing, nego tiating, documenting, perfecting, and dispensing. Background in multi-family, construction, shop ping centers, strip centers, and subdivision........... . . . $45-55,000 S&K options, ESOP, 401K, medical. COMMERCIAL HEAD, 100,000,000 + metro. De greed (major univ and top honors a plus.) Forward looking strong growth organization. Must want higher management position. Social and civic background must be strong. Likes business devel opment. Trains lenders.............................................. .............................$50-55,000 + excellent benefits. V.P. & LOCATION MGR., #1 rated bank, strong re spected organization. 80,000,000. Likes small towns. Dislikes poor credits. Good with new busi ness contacts. Likes teamwork concepts............... .............. $35,000 top benefits, good future growth. PRESIDENT, 40,000,000 independent. Degreed. Complete & solid track performance in past. Small town lender in community projects. Solid relationship with regulators.................. $50-55,000. SVP #2 OFFICER, 75mm+ . Degreed. Solid bank ing school. Hands on operations and accounting expertise. Solid community leader. A/L mngmnt, long range planning, cost control, budgeting, in vesting. Tandem leader with bank president.......... .............. $45-50,000 excellent retirement benefits, strong town. DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65604 (417) 882-2265 Are you an analytical thinker who is ready to establish and direct a credit dept? An $80mm bank in the Mpls area is a looking for a self-motivated individual with 1 + yrs bank- ™ ing analyst exp. Position will oversee spreading of fin’l stmts and loan review. To $25K. Job #NW1795. FOR MORE INFORMATION CONTACT PAUL GENTZKOW OR JEAN TODD ROBERT HALF OF MMNESOTA,MC. accounting, financial and edp personnel specialists 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 ALL FEES COMPANY PAID POSITIONS AVAILABLE COMML LOAN - $50MM suburban bank with excellent growth and earnings history. Handle majority of commer cial credits. Report directly to President. $38K CEO - suburban de novo bank. Experience as CEO or COO required. Strong commercial loan and business develop- w ment skills desired. Open LOAN REVIEW - large urban bank affiliated with major midwestern holding company. Degree and 2-3 yrs. loan review/workout experience desired. $30K TRUST OFFICER - medium size community bank with growing trust dept. JD preferred but not mandatory. $27K ^ COMML LOAN - $100MM community bank. Supervise com- ^ mercial lending function. Future advancement possible. $45K Additional positions available in midwestern states for experienced bankers. TOM HAGAN & ASSOCIATES 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “Serving the Banking Industry Since 1970” Voi. 16 No. 9 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 #201, Des Moines, Iowa 50309. 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