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• Vol. 11 No. 10 June 28,1982 Des Moines, Iowa With IB A A Abstaining— 10 Groups Urge Senate Action Sen. Garn had publicly stated that unless financial trade groups cease their fighting, the financial ging him as chairman of the Senate reform bill is unlikely to move Banking Committee to get the com ahead. Mr. Garn has stated he will mittee moving on two bills aimed at hold a markup of all three bills be helping the ailing thrift industry fore the end of June. Banking lead and one bill (S. 1720) called the om ers and even some of Sen. Garif’s nibus financial restructuring bill committee appeared to be in the dark regarding what additional proposed by Sen. Garn. Conspicuously absent from those powers from S. 1720 that Sen. Garn signing the document was the Inde pendent Bankers Association of America. Signing the June 9 letter were heads of the Amerian Bankers A sso ciation, U.S. League of Savings A s sociations, Association of Bank Holding Companies, Association of Reserve City Bankers, Credit Union National Association, Dealer Bank Association, Mortgage Bankers A s sociation, National Association of Credit Unions, National Association of Mutual Savings Banks, and Na tional Savings & Loan League. In the letter they stated, “ We will mix into his thrift assistance may not be able to agree on all is bills. The Federal Home Loan Bank sues, but we are confident that the political process can, if permitted to Board drafted a new version of the work, produce a result that all of us section of S. 1720 which would ex will be able to accept...The greatest pand thrifts’ asset powers and Sen. common threat to the institutions Garn may use that new draft. The we represent is that nothing will be FH LBB’s version would phase in done to change the status quo. There authority for federal S&Ls to make commercial, corporate, business and is no better time to act than now.” M ESSAGE from heads of 10 fi A nancial trade groups has been sent to Sen. Jake Garn (R., Utah) ur ag loans on a time basis that would roughly coincide with a schedule for phasing out interest rate ceilings on deposit accounts as set by the DIDC. The present language in S. 1720 would grant such expanded au thority to S&Ls immediately. It appeared last week to Wash ington observers that the new work up in legislation would produce a statutory requirement for phasing out the interest rate ceiling on deposits. IB A A claims that “ A B A ’s partic ipation in this unholy alliance seems spectacularly misguided, neglecting as it does the clear point of view of com m unity b an k s—in stitu tion s which A B A conspicuously counts among its members. The results of IB A A ’s recent policy survey of its members suggest that, among small and medium-sized banks anyway, it’s handwriting on the wall time.” In response to its question, “ Do you favor legislation which would accord S&Ls commercial lending powers and corporate demand de posits?” the IB A A reports a vote of 1,375 “ No,” and only 23 “ Yes.” To a second question, “ Would you favor a trade-off under which S&Ls would receive commercial lending powers up to 5% of their assets and im mediately give up the differential?” the IB A A reported a “ N o” vote of 1,085 and a “ Yes” vote of 309. A B A leaders state they are not endorsing details of any proposal at ASK JERRY TRUDO to make MNB work for you. Toll free: 1-800-332-5991 hants National Bank isi F .D .I.C . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A 'B A N K S O F IO W A ’ B A N K I 2 Garry Frandson H o w did we get to be first in Iow a? By putting Iowa first. am n An Affiliate of Northwest Bancorporation Mem ber FDIC this time, but calling on Congress to initiate some action so that discus-, sion and input by lobbyists may be presented on an official bill. □ Iowa News V ideo presentations for the MABSCO Money Market Funds have been set for June 28, Marriott, Des Moines; June 29, Stouffers Five Seasons, Cedar Rapids; June 30, North Iowa Community College, Mason City; July 1, Buena Vista College, Storm Lake, and July 2 , Iowa Western Community College, Council Bluffs. Representatives from the Iowa Bankers Association and Fidelity of Boston will be present to answer questions and offer assistance in planning for individual bank pro grams. BOONE: Robert Scott, president of Boone State Bank, recently an nounced the promotion of Steven P. Drennan and David E. Frieberg to vice president. Mr. Drennan has been with the bank since 1981 and heads the bank’s consumer loan de partment. Mr. Frieberg joined in 1981 and will head the agricultural loan department. DES MOINES: Iowa-Des Moines National Bank recently announced the promotion of James A. Hanisch to vice president, bank systems. Mr. Hanisch joined the management de velopment program in 1975 and has held various positions including vault manager, electronic banking officer and manager of bank sys tems and services. ESTHERVILLE: Allyn Martinson was elected president, chief exec utive officer and a director of United Central Bank & Trust Company. Mr. Martinson has been employed by Northwestern State Bank of Austin, Minn., since 1977, first as vice president, senior vice president and then president and chief execu tive officer, a position he has held October, 1980. Digitized for since FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANCO’* Call (515) 245-3131 or toll-free (800) 36 2-25 14 EVANSDALE: Richard K. Hansen and Garry W. Bixby have purchased controlling interest in Evansdale State Bank from Dale B. Smith, Gene Smith and Earl E. Smith of Sloan and Palo, Iowa. Mr. Hansen has succeeded Dale Smith as presi dent at Evansdale, and Mr. Bixby was elected executive vice president. Both men formerly were with Peo ples Bank and Trust, Waterloo. IO W A CITY: Phillip B. Osborn has received his commission as a Na tional Bank Examiner. He has been employed by the Office of the Comp troller of the Currency since 1977, most recently as an Associate Na tional Bank Examiner. He will re main headquarterd in Iowa City. SCRANTON: Jerry Marso has been elected president of Security Sav ings Bank. He had been serving as executive vice president and chief executive officer since December, 1980, and succeeds Harris Hess, who was named chairman. James L. Pauley, Jr., was also elected vice chairman. SIOUX CITY: Russell E. Curtis has been named vice president, trust of ficer and manager of The Toy Na tional Bank trust department, accor ding to L.H. Olson, president. He previously had been associated with a bank trust department in Des Moines for the last eight years. Nebraska News OM AH A: The Northern Corpora tion, a one-bank holding company comprised of Omaha and outstate investors, has purchased controlling interest in North Side Bank from Preferred Management Company of California, according to Joseph M. Hart, Jr., chairman of North Side Bank. Principal owner of Preferred is Tom Davis, formerly of Omaha, who was vice president at First Na tional Bank of Omaha before mov ing to the west coast several years ago. OM AHA: .Jack H. Babcock, vice president in the financial institutions and regional banking department of The Omaha National Bank, plans to retire July 2 after a career of 43 years with Omaha National. Mr. Babcock is widely known throughout Nebras ka and Wyoming through his years of serving correspondent banks over a period of four decades. He added excitement to his final month with the bank when he and his partner each fired a Hole-in-One on No. 3 at Happy Hollow Country Club in Oma ha June 19! LINCOLN: Thomas D. Potter, recently elected president o f Na tional Bank o f Commerce, has an nounced the promotions o f three of ficers. Wilbur Baack is now execu tive vice president and head of the lending group and appointed ta the five-man executive management group. Max Callen, vice president, succeeds Mr. Baack as head of the correspondent bank division. Rod Steinacher, vice president, is the new head of the consumer lending department. Minnesota News The Commissioner o f Banks re cently granted approval and consent for the consolidation of Americana State Bank of Hokah and Caledonia For th e follow ing Purposes: • Estate Tax • Employee Stock Ownership Trusts^ ; tl • Litigation involving Breach >; c^'Fiduciary Duty : • Transactions Between : ^ Trustee, E m p lo ye r. § jj and Trust • Divorce Settlem ents g a r a s • Buy-Sell Agreem ents ^ • Acquisitions and Sales Philip Schneider & Associates, Inc. suite io i& ; ■ 'v u -, V l603-22nd street * west Des Moines, IA 50265 B zM m Ê Ê z (515) 225-0000 I l f f l l .. . Supplement to Northwestern Banker Newsletter 6 28-82 - Carleton D. Beh Company Investment Bankers / Financial Consultants 1300 Des Moines Building / Oes Moines, Iowa 50309 NEW ISSUE 515/288-2152 W e own and offer subject to prior sale and change in price and subject to our attorney’s approving opinion: $19,975,000 CITY OF IOWA CITY, IOWA (Mercy Hospital Revenue) Hospital Facility Revenue Bonds, Series 1982 DATED: June 1,1982 DENOMINATION: $5,000 Both principal and semiannual interest (June 1 and December 1; first coupon due December 1,1982) payable ai the Davenport Bank & Trust Co., Davenport, Iowa. IN THE OPINION OF COUNSEL INTEREST ON THESE BONDS IS EXEMPT FROM ALL PRESENT FEDERAL INCOME TAXES MATURITIES $105,000 $115,000 $125,000 $140,000 $155,000 $170,000 $185,000 9.00% June 1, 1985 9.25% June 1, 1986 9.75% June 1, 1987 10.25% June 1, 1988 10.75% June 1, 1989 11.00% June 1, 1990 11.25% June 1, 1991 9.00 $210,000 9.25 $235,000 9.75 $260,000 10.25 $290,000 10.75 $325,000 11.00 $370,000 11.25 $17,290,000 11.50% June 1, 1992 11.75%* June 1, 1993 12.00%* June 1, 1994 12.25%* June 1, 1995 12.50%* June 1, 1996 12.75%* June 1, 1997 13.375%* June 1, 2012 11.50 11.75 12.00 12.25 12.50 12.75 13.375 *Callable June 1, 1992 at 102% declining to 100% in June 1, 1996. LEGALITY TO BE APPROVED BY BELIN, HARRIS, HELMICK & HEARTNEY, ATTORNEYS, DES MOINES, IOWA. The City of Iowa City, is located in east central Iowa, approximately 110 miles east from Des Moines, Iowa. The City is the county seat ofJohnson County and is the home of the University of Iowa, the oldest and largest educational institution in the State. The hospital facility in Iowa City, known as Mercy Hospital was established in 1873 by three Sisters of Mercy as the second hospital in the State of Iowa. The Hospital serves as the only community hospital in Iowa City in which are located the 1,100 bed University of Iowa Hospitals, serving the State of Iowa with tertiary care, and a 338 bed Veterans Administration Hospital. Besides providing the local community with primary and secon dary health services, the Hospital provides the citizens of a multi-county referral area in southeast Iowa with secondary and selected tertiary health care services. The Proposed project includes renovation and new construction to provide expanded space for patient care services, adminstrative and sup port services, environmental and engineering improvements and parking facilities. FORCASTED DEBT SERVICE COVERAGE Fiscal Years Ending June 30 1986 Forecasted Net Income Available for Debt S e rv ic e .....................$6,391,000 Number of times estim ated Maximum Annual Debt Service on the Series 1982 Bonds ($2,777) is covered (1 ).......... 2.30x 1987 $6,818,000 2.46x (1)The financial forecasts presented in the Feasibility Study appended hereto as Appendix B were based on an estimated average annual in terest rate of 13.5%. The Feasibility Study should be read in its entirety. The information contained herein is not guaranteed, but is derived from sources we deem reliable and is that on which our purchase o f these bonds are based. Bonds of particular m aturity may or may not s till be avilalbe or may now be available at a price or yield different from th t indicated above. Division of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Hutton & Company Inc. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 6-28-82 A N O T H E R T E C H N O L O G IC A L A D V A N C E FR O M SH A R P . THE ELECTRONIC BANKER. • IT C O M PU TE R IZE S L O A N P A P E R W O R K W IT H O U T U SIN G A CO M PU TE R ! You Don’t Do Business Today Like You Did In The ’70s Now is the time to investigate a new system that will help your bank make money by handling details. A Sharp 6100 with new programs will handle the details for: Installment Loans, Balloon notes, IR A A ccounts, M ortgage Payments (conventional, renegotiable, graduated and discounted) and Skip Payments. A s Iow a’s largest Sharp dealer, we have over 40 financial software program s available. Please call us or return this mailer today. Electronic Office Systems DigitizedPhone for FRASER 515-244-4155 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1124 Locust Street, B ox 65 SH A R P Des Moines, Iowa, 50301 NO POSTAGE NECESSARY IF MAILED IN THE UNITED STATES BUSINESS REPLY MAIL FIRST CLASS PERMIT NO. 6841 DES MOINES, IOWA POSTAGE WILL BE PAID BY: ELECTRONIC OFFICE SYSTEMS P.O. Box 65 Des Moines, Iowa 50301 □ Please send me additional information □ Please call and make arrangements for a demonstration NAME__________________________ _____________________ PHONE#---------------------B A N K _______________________________ ______ _______________________________ ADDRESS ___________________________ ____ ________________________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis CALL ON THE “PERFORM ANCE TEAMI” lin a i where com m on transactions are handled uncommonly well. FIRST NATIONAL LINCOLN 13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.I.C. ^ • ^ 0 • £ £ q • ^ ^ June 1 in Minneapolis. Mr. Lange died May 27 while waiting heart sur gery at University of Minnesota hospital. He began his banking car eer with Northwestern National Bank as office boy in 1935. He joined Fifth Northwestern in 1936 as a messenger and held numerous positions at the bank until he was named president in 1965. He retired The Federal Reserve Board re from the bank in 1976. cently announced its approval for ROSEMOUNT: David D. Gross has First Mabel BanCorporation, Inc., been named president of Rosemount Mabel, to acquire The First National National Bank. He previously had Bank of Mabel., and First Lakefield been serving as senior vice president BanCorporation, Inc., Lakefield, to of First Dakota National Bank in acquire First Trust Bank o f Lake- Yankton, S.D. He is the second em field. ploye, since 1977, to leave the Yank State Bank under the charter of the latter. The main bank office will be located at Caledonia State Bank, with Americana State Bank of Hokah as a detached facility operation. The name of the corporation will be known as Minnesota State Bank of Caledonia. * * * BUFFALO: Virgil F. Hegeholz, ton bank and accept a position as president o f the Oakley National president at another bank. Bank in Buffalo, died suddenly at Illinois News his home after an apparent heart at William J. Hocter, executive vice tack. He was 60 and had recently celebrated the grand opening of his president, has announced several bank’s new auto branch. Mr. Hege staff changes for the Illinois Bank holz moved from Fargo, N.D., and ers Association, effective immed purchased the Oakley National iately. Bank in 1977. He had previously Thomas J. Dammrich, vice presi served as president of the North dent, will move up from his position Dakota Bankers’ Association in as director of education and will be 1964-65. responsible for the management of the association’s headquarters in FERGUS FALLS: Robert D. Phil- Chicago. In his newly-created posi bps has resigned as president of tion, Mr. Dammrich will report to Northwestern Bank effective Au the executive vice president, with all gust 31, to accept a position as presi other staff people reporting to Mr. dent o f the First National Bank of Dammrich. Moorhead, which is also an affiliate Also announced, James W. Civik, of Northwest BanCorporation. He formerly assistant director of educa will start his new position Sep tion, will be promoted to director of tember 1. The board did not an education; Charles J. Obie will move nounce the new president but said it from his position of director of mem would be done in the very near fu- ber and public relations to the newly ture. Mr. Phillips, who joined the created position of director o f mar Fergus Falls bank in 1976, started keting, and Terry A. Griffin, for his career with Banco in 1960 at First National Bank of Aberdeen, South Dakota. GRAN ITE FALLS: Dale H. Macklanburg has been appointed execu tive vice president at the Yellow Medicine County Bank, occupying the office formerly held by Wayne Kaspari. Mr. Macklanburg previous ly was with Wadena State Bank for seven years. M INNEAPOLIS: Services for Rob• ert F. Lange, 66, retired president of Digitized Fifth for FRASER Northwestern Bank, were held https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis merly director of Bankpac and assis tant director o f member relations, was named director of banking or ganizations, a consolidation of the association’s group and federation member relations function. CHICAGO: Stockholders of Bank of Oakbrook Terrace, recently approved the acquisition o f the bank by Con tinental Illinois Corporation. A c cording to a joint announcement by the bank of Oakbrook Terrace and Continental, the acquisition is ex pected to be completed by Sept. 1, subject to necessary regulatory ap provals. The Oakbrook Terrace bank’s stock will be sold to Con tinental at the price of $68 per share. ROCK IS L A N D : Aurilee (Lee) Schenck, assistant vice president and manager of the Hilltop branch, has been named vice president of public and community relations of the Rock Island Bank. Mrs. Schenck started with the bank in 1965. Wyoming News RAW LINS: First W yoming Bank, N.A. recently celebrated the 99th anniversary of its founding in 1883. The bank was originally established as a private bank by J.W. Hugus and received its Federal Charter as First National Bank in May, 1890. First National joined W yom ing Bancorporation in 1977, changing to its present name at that time. A week long celebration was held. Colorado News DENVER: Beverly J. Haddon has been appointed a senior vice presi dent and manager of United Bank of Denver’s personal banking group. Single System Banking ISPtelSH With Availability A 11 1' I ||¡||¡É Availability of funds. . . availability of people. . . responsive to your needs. Waterloo, Iowa 50704 Member FDIC J! ¡Phone H Bill H Rickert at 1-800-772-2411. WANTADS 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 3 0 6 - 15th Street D es M oines, Iowa 5 0 3 0 9 Phone 5 1 5 /2 4 4 -8 1 6 3 Would you trust your money with a sloppily dressed teller? Perhaps your customers feel the same way. We can change that for only $1.00 per teller per day. MeAj/wek^ CAREERAPPAREL ^ 2 ^ J^ iÆ a ii^ L ^ a rro ll^ a ^ 5 H 0 ^ 2 ^ ^ 2 2 -2 7 4 8 j POSITION AVAILABLE Experienced INSTALLMENT LOAN MANAGER—for south central Nebraska $25 million bank. Also additional respon sib ility In agricultural and commercial lending. Send sal ary requirements w ith resume. Write file QBE, c/o North western Banker. (PA) Phone 515/282-6462 246 Insurance Exchange Building Des Moines, Iowa 50309 Employer pays reasonable fee LOAN OFFICER—$20 million bank. Bank experience Two NCR Model 775-2100 proof machines with sixteen necessary. Salary open. Send resume to: Frank Osowski, pockets each. Our sale price is $2,500 per machine. Con(FS) V.P., National Bank of Canby, P.O. Box 70, Canby, MN tact Dennis McCormick at (612) 227-8047. 56220. NCR 279-100 off-line and NCR 279-200 and 279-300 on-line teller machines all previously under NCR’s maintenance. AG LENDERS WANTED For more information call Ada Turner at 512/250-0956. (FS) If you have two or more years of ag lending experience and want to move up, we have a select number of positions NCR proof machines—775-1000 single pocket, 775-2000 open In the midwest. A degree from Iowa State University multi-pocket. Also NCR 7750-2201 and 7750-2500 w ith full configuration. Call Ada Turner at 512/250-0794. (FS) or other ag-oriented university will be a definite plus. _________________________(PA) Write or call Malcolm Freeland, Freeland Financial Ser Pitney Bowes TicEt Counter (documents or money). Near vice, Inc., 246 Insurance Exchange Bldg., Des Moines, new. E xcellent c o n d itio n . Make an o ffe r. Phone Iowa 50309. Phone 515/282-6362. Employer pays fee. (PA) 402/368-5504 or write The Tilden Bank, Box 250, Tilden, NE __________________ ___________ ' (FS) Immediate opening for experienced banker, preferably 68781. WANTED—CEO for $20 m illion eastern Iowa bank. Contact Citizens State Bank, Box 190, Postville, IA 52162. (PA) BOND SALESPERSON Established bond salesperson wanted to cover Iowa and part of Minnesota. This is a partially de veloped area w ith tremendous potential. We have a very competitive compensation plan, good ben efits and excellent working conditions. Take this opportunity to join Minnesota’s One Billion Dollar Bank. Contact Nancy Michael (612) 370-2447, or send resume to F & M Marquette National Bank, P.O. Box 280, Minneapolis, MN 55480. (PA) Equal Opportunity Employer FINANCIAL SPECIALIST IN THE TWIN CITIES AREA Call Bruce Meyer • 612/835-4466 7 6 2 ^ 4 e tro Blvd., Suite 350 • Minneapolis, MN 55435 The Search and Recruiting Specialists W ANTED FOR PERSONAL COLLECTION Also paying top prices for other “types” of U.S. currency and finan cial paper. DON MARK Box 1, Adel, IA 50003 *5 1 5 / 270-8170 Faced with an unprecedented demand for talent and innovative executives, com m unity banks are increasingly turning to Freeland Financial Ser vice, Inc. for assistance in attracting the most pro mising candidates to fill their positions. Remember, the best individuals are usually cur rently employed and not looking to make a change; therefore, conventional in-house re cruiting methods are often ineffective, overlook ing the most qualified candidates. Time is money! Effective internal executive re cruiting is costly when you consider advertising, resume review and screening, preliminary inter view contact, traveling costs, interviewing can didates, and reference follow-up. Contact our performance-oriented organization today to meet your professional and technical employment needs. Freeland Financial Service, Inc. PRESIDENT-CEO—$18 million bank near Springfield, Il linois. Population 2,200. Must have lending background. Contact L. Wenzl (515) 277-9907, or write in confidence c/o Hawkeye-Capital Bank & Trust, E. 5th & Locust, Des Moines, IA 50307. (PA) w ith both lending and operations experience. Position w ill be number 2 o fficer in Northeast Nebraska State Bank of $7 m illion assets. Send resume and salary to: file QBJ, c/o Northwestern Banker. (PA) W hy Call On A Professional? EQUIPMENT FOR SALE U nd e r-co un te r ste e l te lle r c a b in e ts , vinyl upholstered teller stools, safe w ith combina tio n s —size 18"x22"x32", cash trays, 14-drawer cash bus, fully equipped drive-in pods, fireproof note tub, dual-control uni-safes, safe deposit boxes, 35MM cameras, and various other items for teller operations. Contact Joe Steil or Larry Miller at the First National Bank in Sioux City. Phone 712/277-1500. (FS) Estate Appraisals Purchase o f Collections Sale o f Rare Coins Reliable and respected service for over 20 years Used by bankers throughout the midwest Ben E . Marlenee Coins 913 L ocust D es M oin es, Iowa 50309 515-243-8064 SERVING PROFESSIONALLY Banking, Financial & Business Personnel, Iowa and Nationwide Capital Personnel Service 71 4U .C .B . Building, 515-283-2545 Des Moines, Io w a50309 POSITIONS AVAILABLE All positions are in Missouri, Arkansas, Kansas or Oklahoma. Commercial Loan Officer, Business Developer. To $30,000. All Around Country Banker, $15m bank. To $26,000. #2 Man, $30m bank, Commercial Lender. To $28,000. Trust Analyst, Sr. Portfolio Mgr. To $40,000. Trust Securities Operations Analyst. To $21,000. Commercial Loans Officer, $30m privately owned. To $30,000. Commercial Loan Officer, $125m bank. To $30,000. Agriculture Loan Officer, $30m bank, top advancement. To $30,000. Trust Department Head, $80m Trust Dept. To $40,000. Vp. Commercial Lender w ith Ag, $125m bank. To $40,000. Eighteen years of banking serving as President of both rural and metropolitan banks enables me to find the right banking environment for you. I assure your confidentiality. Phone or send resume to: Don W. Schooler & Associates, 901 A. West Jackson, Ozark, Missouri 65721. Phone (417) 485-6020 (9am - 5pm). (417) 883-3713 (Evenings). D O N -ficH O Q L E R AND ' associates lr "Successful Banking is Quality Personnel" POSITIONS AVAILABLE AGRI LOAN— rural $30 MM Iowa bank. Position requires three years or more Ag Lending experience. Ag Degree a Plus. $22,000 CASHIER—$40 MM suburban bank w ith inhouse com puter desires “ numbers” oriented banker to fill cashier/controller position. Accounting Degree preferred. $28,000 COMMERCIAL LOAN—$60 MM suburban bank has middle management opportunity for experienced lender. Handle primarily commercial w ith some real estate. $26,000 SECOND OFFICER—$30 MM suburban bank w ith two de tached facilities. Adm inister loan portfolio and business development program. Knowledge of operations helpful. $38,000 OPERATIONS/LENDING—medium size rural bank. Pri mary duty w ill be operations but need some Ag Lending experience. Management position. $26,000 JUNIOR OPERATIONS—lite banking experience and col lege degree will qualify for entry level management posi tion w ith $50 MM suburban bank. $14,000 COMMERCIAL LOAN—well experienced lender to fill senior loan officer position in medium size Wyoming bank. $30,000 Additional opportunities available. Salary requirements and resume' requested. TOM HAGAN & ASSOCIATES of Kansas City Box 12346 - 2024 Swift North Kansas City, MO 64116 816/474-6874 _______ “ Serving the Banking Industry Since 1970” 11 No. 10 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, $15.00 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