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• June 29,1981 Des Moines, Iowa Vol. 10 No. 10 Multi-Bank Bill Awaits Signature EMBERS of the Association for M Modem Banking in Illinois are confident that Governor James R. ™ ^ ^ ^ 9 ^ w ^ ^ a • • Thompson will sign a bill allowing bank holding companies to acquire other banks in the state. The multi-bank bill passed the legislature June 18 after nearly 10 years of lobbying by AM BI banks. Acquisitions could be made starting January 1, 1982, within the boundaries of five regional zones. The bank holding companies could also acquire banks in contiguous regions. The bill would also allow banks to open a third limited banking office in their home county or, if outside the county, no further than 10 miles from the main office. In the past, opponents of the AM BI bill, particularly smaller downstate banks within the Illinois Bankers Association, have argued that passage of the measure would dry up credit downstate as funds would be funneled to the larger Chicago banks. The newly-elected president of the Illinois Bankers Association, James A. Fitch, president of the South Chicago Savings Bank, made these comments: “ All of this should have taught us at least three things. First, the only thing constant about the business of banking is change. Secondly, judg ment of and confidence in people is the substance of our survival. Lastly, never say never. “ For how many years have we as solid independent bankers said we will never change the unit banking structure in Illinois? A t each threat we have clung to our staunch principles, oblivious of forces work ing all around us and within our own membership. The fact that we are seeing a structure change is because bankers have done it, mostly by our members and former members. “ The whole issue has become an emotional one with us so it is important to keep the matter in perspective. This multi-bank holding company legislation provides for the purchase of a bank with bank capital and the sale of a bank to a broader market place. Except for the license to open an additional facility, which I believe is desired by most of our members, it offers nothing more and nothing less.” Following passage of the bill, the Governor’s office said that Governor Thompson hasn’t made a decision on signing the bill, and that it might take several weeks. The Illinois legislature is scheduled to adjourn tomorrow, June 30. Iowa News The Iowa Bankers Association’s consumer lending forms and proce dures workshops will be held July 7 at the Conway Civic Center in Waterloo and July 9 at the Hilton Inn in Sioux City. Speakers will include Tom Salsbery from the Davis Law Firm and Dave Brodsky from the Dave Brodsky Law Firm, both members of the Forms Committee and noted consumer banking attorneys. The workshops will begin at 10:00 a.m. and adjourn at approximately 3:00 p.m. A registration fee of $50 will cover handout materials and lunch. * * * An ID EA annuity workshop will be held July 9 at the Hyatt Hotel in Des Moines from 9:00 a.m. to 4:00 p.m. The workshop on tax deferred annuities is sponsored by IBA and Iowa Bankers Insurance & Services, Inc. Registration fee of $30 includes lunch and study materials. ALBERT CITY: C.E. Kindwall, president of the Albert City Savings Bank until his retirement in 1970, died recently. Mr. Kindwall also was chairman of the Bank of Willamette Valley in Dallas, Oregon. He was a member of the Iowa Bankers Association’s “ Over 50 Years of Service” group. BUSSEY: James L. Gass has been named assistant vice president of the State Bank. Mr. Gass will manage the Lovilia office. CORALVILLE: Unibank & Trust Co. has been granted approval to establish an office in Iowa City. COUNCIL BLUFFS: Robert CALL ON THE “PERFORMANCE TEAM” where com m on transactions are handled uncommonly well. • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IM I 1 FIRST NATIONAL LINCOLN 13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.I.C. L. Dorothea Wolfe Team w ork: One of the reasons we’re first in Iowa. Estate Appraisals Purchase of Collections Sale o f Rare Coins Cyndi Watkins Wire Transfer An Affiliate of Northwest Bancorporation Mem ber FDIC Kirchner and Dennis H. Madigan have been elected vice presidents of the First National Bank. Mr. Kirchner was previously assistant vice president at Wells Fargo Bank in San Francisco. Mr. Madigan was formerly second vice president with the Omaha National Bank. Banco» Call (515) 245-3131 or toll-free (800) 362-2514 GRUNDY CENTER: Farmers Sav ings Bank has announced the promotion of Allen Cramer to vice president in charge of loans. MAQUOKETA: The Federal Re serve Bank of Chicago has approved the application by Hawkeye Bancor poration of Des Moines to acquire DES MOINES: Paul W. Leming II Jackson State Bank & Trust Co. has recently joined the Iowa-Des here. The bank, with assets of over Moines National Bank as vice $65 million, will become Hawkeye’s president-commercial banking. He 27th affiliate. Jackson State has was most recently an assistant vice offices in Delmar and Bernard. president with the Shawmut First Bank & Trust C o., Springfield, Mass. SCRANTON: Harold H. Hess has Also at the Iowa-Des Moines, Donald been named president of the Security E. Allison has been named second Savings Bank. He succeeds Charles vice president-national banking. He W. Thomas, who has been president joined the bank in 1978 in corporate for the past 44 years. Mr. Thomas will continue to serve as a director. services. Jerry Marso, executive vice president and chief executive officer, was elected to the board. Reliable and respected service for over 20 years Used by bankers throughout the midwest Ben E . Marlenee Coins 913 L ocust D es M oines, Iowa 50309 515-243-8064 recently moved into its new building on Highway 12 and North Second Street. The bank had been in its former location since 1912. Roger Peterson is president. ST. PAUL: Victor P. Reim, chairman and c.e.o. of Commercial State Bank, has announced the appointment of Michael McNeil as vice president-business development/commercial lending. Mr. McNeil was previously vice presi dent-correspondent banking with American National Bank & Trust Co. Illinois News The Illinois Senate has passed bill 438 which would permanently STORM LAKE: Dennis Dean has eliminate interest rate ceilings on all joined the Commercial Trust & consumer loans. The bill was sent to Savings Bank as assistant cashier. the House for concurrence. He was most recently associated with ROCKFORD: Jay R. Maddox has the Manson State Bank. been promoted to vice president and trust officer of American National Minnesota News Bank & Trust Co. Mr. Maddox joined GROVE CITY: First State Bank the bank in 1973. ASK JOHN MANGOLD to make MNB work for you. Toll free 1- 800 - 332-5991 M erchants ^ N ational AB an k 151 Member F.D.I.C. ‘BANKS OF IOWA’ BANK https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANK EXAMINERS/CREDIT ANALYSTS Outstanding opportunities for credit administration program specialist who will examine loan portfolios of Farm Credit System lending institutions, review the credit decisions on individual loans, and participate in making comprehensive evaluations of the credit operation of Farm Credit System banks. Salaries range from $18,000 to $49,000. Positions are located in the following cities: Columbia, South Carolina; St. Louis, Missouri; Bloomington, Minnesota, or Spokane, Washington. Travel will be 50 to 60 percent. All applicants must demonstrate a knowledge of agricultural financing, and a general knowledge of farm operations. Depending on quality and quantity of experience, appropriate qualifications requirements may be met by relevant: (1) academic training, (2) work in commercial banks and lending institutions, or (3) credit administration work in other business enterprises. Send resumes or SF-171S to: Farm Credit Administration 12101 Woodcrest Executive Drive Suite 315 St. Louis, Missouri 63141 r<Htn credit ¿DminiYRAnon Telephone: (314) 263-7101 An Equal Opportunity Employer Carleton D. Beh Company Supplement to Northwestern Banker Newsletter 6-29-81 Division of E.F. Hutton & Company Inc. Investment Bankers/Financial Consultants NEW ISSUE SA LE DATE: June 22,1981 $750,000 CLARION, IOWA Hospital Revenue Bonds, SeriesA Dated: June 1,1981 Denomination: $5,000 Both principal and semiannual interest (Junel and Decemberl, first coupon due on DecembeM, 1981) payable at the office of the Treasurer, Clarion, Iowa. IN THE OPINION OF COUNSEL INTEREST ON THESE BONDS IS EXEMPT FROM A LL PRESENT FEDERAL INCOME TAXATION AND ALL PROPERTY TAXATION IN THE STATE OF IOWA. MATURITIES 12. 00 % 11.75% June 1, 1989 10.40 June 1, 1990 10.60 June 1, 1991 10.80 June 1, 1992* 11.00 June 1, 1993* 11.20 June 1, 1994* 11.40 11.75% June 1, 1995* 11.60 40,000 June 1, 1988 10.20 June 1, 1996* 11.75 * Optional in inverse numerical order beginning Ju n e l, 1991 at 102% and declining by one-half of one per cent each full year thereafter. $25,000 25,000 30,000 35,000 35,000 June June June June June 1, 1, 1, 1, 1, 1983 1984 1985 1986 1987 9.00 9.25 9.50 9.75 10.00 $ 45,000 50,000 60,000 65,000 70,000 80,000 90,000 100,000 LEGALITYTO BE APPROVED BY AHLERS, COONEY, DORWEILER, HAYNIE & SMITH, ATTORNEYS, DES MOINES, IOWA The City of Clarion, county seat of Wright County, is located in north central Iowa, approximately 80 miles north of Des Moines. This progressive community serves as a trading center for one of Iowa’s most productive agricultural areas. Transportation facilities are provided by Iowa Highway 3, U.S. Highway 69 (3 miles east), and U.S. Interstate 35 (approximately 15 miles east). Railroad service is provided by the Chicago Northwestern Railway. The City maintains a municipal airport adequate for light aircraft with commercial airline service available in nearby Fort Dodge. Commercial banking deposits within the City during 1980 exceeded $60,521,000 supporting taxable retail sales activity of $19,699,663. Continuing education centers within commuting distance include: Iowa Central Community College Fort Dodge; Ellsworth Community College, Iowa Falls; and Iowa State University of Science and Technology, Ames. These bonds are being issued in accordance with the provisions of Chapter 384, Code of Iowa, 1981, as amended, to pay a portion of the cost of building an addition to and remodeling the existing Community Memorial Hospital owned and operated by the City of Clarion, Iowa. In the opinion of counsel, these bonds are payable solely and only from the future net revenues of the Community Memorial Hospital and the lien securing their payment ranks on a parity with the lien securing the payment of $400,000 Hospital Revenue Bonds, Series (FMHA) to be issued approximately May 1, 1982. ' ' REVENUE DEBT Average Principal and Interest (F Y 1983-96) Average Principal and Interest (FY 1983-2021) Maximum Principal and Interest (FY 1991) $135,142.57 62,715.28 138,353.00 COVERAGE The Hospital projects completion of this project by July 1, 1982. The projected net revenues available for debt service following construction completion provide the following coverage: Year Ended June 30 1983 1984 Net Revenues Available for Debt Service $235,000 $280,000 Revenue Debt (Series A and B) 133,125 133,904 Coverage 1.76X 2.09X We own and offer subject to prior sale and change in price and subject to our attorney’s approving opinion: The information contained herein is not guaranteed, but is derived from sources we deem reliable and is that on which our purchase of these bonds are based Bonds of a particular maturity may or may not still be available or may now be avai table at a price or yield different from that indicated above. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis D es M o in e s B u ild in g • D es M o in e s, Iowa 50309 • 515-288-2152 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 6-29-81 A Banking System Designed For “NOW” and the Future Applications □C.I.F. □Proof of Deposit □ D.D.A. □Savings □ N.O.W. □Commercial Loans □ Installment Loans □Real Estate Loans □C.D.’s □General Ledger □Just ask Reports we have them all □Call Report □Participation Register □Yield Forecast □Financial Statements due □Annual Interest received □ Late payment notices □1099’s □Stop Payment Report □Closed Account Report □New Account Report □Maturity notices □Interest checks □ “Just Ask” (Allows you to choose your own report) Our typical system includes Hardware, software, training and service for less than $800/month We SERVICE is the H EAR T of our business https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Feature: • Fully trained service technicians • Factory manufactured parts • Experienced personnel (over 115 years worth) (Both systems and service) • Lower operating costs DATA BUSINESS EQUIPMENT, INC. OFFICES: 1228 - 2nd Ave., Des Moines, Iowa 50314 (515) 288-3000 625 - 1st Ave. S.W., Cedar Rapids, Iowa 52405 (319) 366-6000 A N UNBEATABLE OPERATING SYSTEM Here are just a few o f the many features o f the remarkably low-cost C A D O System 20/IV. Your nearby C A D O Representative has the complete story. THE COMPUTER C A D O s operating system permanently resident on ROM supports a user program overlay structure from diskette to RAM memory to give you a virtually limitless program capacity. 1.23 million bytes in stan dard storage capacity. Additional disk stor age can give you up to 52 million data bytes. boh Bpllmam i! LINE PRINTER WINCHESTER DISK DRIVE It gives you fast throughput (150 characters per second), high reliability, up to six highquality copies, and other features usually found on larger, more expensive printers. D Bi-directional printing minimizes printhead travel time D Programmable tabs □ 9 x 7 dot matrix character font □ Rear or bottom form loading □ Large first-in /first-out b u ffer allows printer to receive and print at the same time D Parity checking D 132-column wide carriage D Compressed print option D Choice o f six or eight lines-per-inch Now you can have state-of-the-art, mass storage technology.. .with 13.2 million data bytes on each disk drive... up to 52 million data bytes in all! D Sealed disk environment for extended Mean-Time-Between-Eailure □ Fast access times D N o preventive maintenance required ■' ,1 1 1 W Ê Ë Ë É êk 11 THE VIDEO DISPLAY OPERATING SYSTEM FEATURES D Interactive Terminal Control 0 Foreground/Background Processing D Four Independent Simultaneous Programs D Four Interrupt Driven I/O Devices D Memory Bank Switching for Reduced System Overhead □ Compiled/Interpretive Program Increases Memory Efficiency 10 Times over Other Systems [H Quasi-Virtual Memory Handles over 200,000 BASIC Instructions DATABASE MANAGEMENT D U nlim ited N um ber o f Files with 10 open on each application at one time D U p to 4 million Records Per File D Totally Randomized Indexed Files □ Unique Record/File Compression uses only one-third the space o f IBM formats □ Real-Time Updates WORD PROCESSING PRINTER Get letter-perfect typewriter-style print fast ... 55 characters per second. For daily cor respondence and your long documents. D Interchangeable, fully-formed character sets □ One to 99-line selectable form feed D Choice o f fabric or multi-strike “carbon” ribbons D Line Drawing Option allows operator to make exact copies o f source docu ments on the screen reducing operator training time and decreasing operator errors COMMUNICATIONS D Software Programmed Terminal Emulators □ IBM 2770, 2780, 3780 □ TW X, Telex, Async D D D D Operator Selectable Options D Task Sequence Processor □ Formatted Report Printer D Auto Answer and Disconnect SAVE MONEY It gives you a cleaner input and higher throughput with features like a 9 x 12 dot matrix for sharp, clear, well-formed charac ters, and one-touch keys for editing, updat ing, rewriting and changing. Some other features: □ Numeric Pad—10 keys plus (,) and (.) symbols □ 12-inch diagonal, ultra-sharp w idebandwidth monitor, bonded antiglare screen □ 24-line display, 80 characters per line — standard □ Choice o f black-on-white or white-onblack display; switch selectable and programmable □ 96-characters ASCII set including con trol characters and W ord Processing function keys P.S. There must be a reason Data Business is servicing equipment in over 200 Iowa banks. Specifications subject to change without notice. Document # 110,144 by buying your Equipm ent — S erv ice — S u p p lie s FROM https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis DATA BUSINESS EQUIPMENT, INC. 1/ B A N K IN G PLA CE M EN TS “ Successful Banking is Quality Personnel” Eighteen years banking experience serving as president of rural and metropolitan banks enables me to find the “right” banking position for you as a banker or the “ right” officer for your bank Single System Banking With Availability 901 A. West Jackson* Ozark, Missouri 65721 417/485-6020 COMPLETELY CONFIDENTIAL _______ “Employment Service” Availability of funds. . . availability of people. . . responsive to your needs. National Bank of Waterloo Nebraska News BELLEVUE: Harold Engelkamp has been promoted to assistant vice president of the First National Bank. Mr. Engelkamp will be in charge of marketing at the Mission and Franklin facility. BRAIN ARD: Louis Novak, who joined the Bank of Brainard in 1924 as a cashier, died recently at age 82. OM AHA: Recently promoted at Center Bank are Patrick J. McPher son to vice president-retail banking and Thomas A. Steenson to vice president and cashier. Mr. McPher son joined the bank in 1967 as a teller. Mr. Steenson joined Center Bank in 1968 and was promoted to controller in 1976. South Dakota News Waterloo, Iowa 50704 Member FDIC f#MI 1 Hi P h o n e M ilt H e n n ic k a t 1 - 8 0 0 -7 7 2 -2 4 1 1 . controller-corporate office. Mr. years of community planning and Schmidt joined the bank in 1978 as a construction, according to Mr. controller from First Bank System. Anthony. SIOUX FALLS: Ross Fenn has joined First Northwestern Trust Co. of South Dakota as a vice president specializing in trust administration. Montana News BILLINGS: Gary Johnson has been promoted to vice president-opera tions at Security Bank. He joined the bank in 1968 as a computer operator. MILES CITY: Allen G. Miller, 71, former president of First National Bank, died recently. Mr. Miller joined the bank in 1941 and retired in 1970. SELBY: First National Bank recently celebrated its 75th anniver H AVRE: Raymond G. Gehlen, Jr. sary with an open house, barbeque has rejoined First Bank Havre as a vice president-commercial loans. Mr. pork dinner and dance. Gehlen first joined the bank in 1969. SIOUX FALLS: A t Northwestern Bank, Linus V. Boehmer has been Wyoming News elected vice president and manager of the Chamberlain branch. He joined BAGGS: The opening of the first Northwestern Bank of Gregory in bank in Baggs since 1923 was recently commemorated by a ribbon1972. cutting ceremony performed by SIOUX FALLS: National Bank of Valley State Bank President Richard South Dakota has advanced Brad J. Anthony. The new 38,000 squareSchmidt to vice president and foot facility is the product of over two We’re people you can turn to for investments. For investment services, data processing, ag lending and overlines . . . we’ re the people you can turn to. We’re more than western Iowa’s largest bank. We’re people. = :» Stephen J . Hatz Vice President 712/277-6526 SECURITY N A TIO N A L B A N K IN SIOUX CITY, IOWA. M E M BER F.D. I. C. ___________________________ __________________ © 1980 Security National Bank CHEYENNE: A .W . Dowdy, presi dent, First Bankshares of Wyoming, has announced that negotiations with a principal shareholder of Jackson State Bank have been discontinued. The negotiations were an effort to merge the Jackson State Bank into First Bankshares, but the parties were unable to agree on all terms necessary to consummate the trans action. GET THE COMPETITIVE EDGE over savings and loan, credit unions, etc. This “on-premise” system gives you complete inde pendence, competitive flex ibility and control. G et tighter instantaneous reporting in every phase of your op eration . At the sa m e tim e re d u ce your operating costs. A program for your every need — and m ore. Th e best banking system in the industry. North Carolina Locating & Recovery Service Statewide— Since 1922 H O M E DETECTIVE C O M PA N Y, INC. Administrative Offices • 110 South Walnut Circle • Greensboro, NC 27409 Field Divisions: Asheville*Charlotte*Durham*Raleigh*Fayetteville*Jacksonville*Rocky Mount*TaborCity * [919] 299-1641 Bonded • Dependable 59th Year Licensed • Trustworthy https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M o d e rn B an kin g S y ste m s, Inc. 6818 Grover St., Om aha, Nebraska 68106 (402) 392-0151 □ □ I would like to sell my majority bank stock. I would like to buy ma jority bank stock. Please Contact: J. Mason Henry Charles E. Walters Co., Inc. 39 Ginger Woods Road, Valley, Nebraska 68064 Phone: (402) 553-6400 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, 30615th Street, Des Moines, Iowa 50309.__________ POSITION AVAILABLE $150 million bank in north Iowa looking for experi enced operations officer (2-3 yrs.) for second position in correspondent banking department. Good com munications skills necessary, excellent potential for advancement. Salary $17,000. Write file NBR, c/o Northwestern Banker. (PA) EMPLOYMENT OPPORTUNITY for an experienced trust officer with legal background. Contact: R.O. Johnson, President, First National Bank, 120 North Mill Street, Fergus Falls, Minnesota 56537. Phone: 218-739-4461.____________________________ (PA) Central Iowa bank located in excellent small community seeking aggressive young college graduate as trainee for agricultural loan officer position. No previous experience necessary. Write file NBM, c/o Northwestern Banker._____________ (PA) TRUST OFFICER/NEW BUSINESS MANAGER— Challenging opportunity In a $150-$200 million trust department. This position requires a law degree with experience in all phases of trust services in order to direct trust business development. Excellent benefits and salary commensurate with experience. Send resume and salary requirements in confidence to Valley National Bank, Personnel Department, Box 906, Des Moines, Iowa 50304. An Equal Opportunity Employer._______________________________ (PA) EMPLOYMENT OPPORTUNITY— CEO for Northeast Nebraska Bank under $5 million. Must also be qualified in all areas of insurance and capable of managing and selling. Send resume and compensa tion requirements to file NBN, c/o Northwestern Banker._________________________________ (PA) $100 million northwest Iowa bank looking for someone to manage the bank’s agricultural and farm management portfolios. Supervises three. Must have degree, 7-8 years ag lending experience, and proven sales and supervisory ability. Write file NBO, c/o Northwestern Banker.______________________(PA) $50 million bank seeks qualified agricultural loan officer. Exprlence required. Excellent potential. Send resume and salary requirements to file NBQ, c/o Northwestern Banker.______________________(PA) POSITIONS A V A IL A B L E Trust Officer for major N.E. Iowa bank .. .Salary open Ag Lender for Southern Illinois b a n k ............ $18,000 Second Person for S.E. Iowa b a n k ................$25,000 Ag Lender for major N.W. Iowa b a n k ............ $22,000 Operations Officer for southern Iowa bank .. .$17,000 Second Person for N.W. Iowa bank................$25,000 Ag Loan Officer for western N. Dakota bank... .Salary open CEO for$10 million western Illinois bank.......$26,000 Ag Loan Officer for Indiana bank. Fine opportunity ............................................................ $23,000 up Second Person for large central Illinois bank.. .Salary open Operations Officer for Wyoming bank... .Salary open Write or phone Malcolm Freeland, Freeland Financial Service, Inc., 246 Insurance Exchange Bldg., Des Moines, Iowa 50309. Phone (515) 282-6462. Employer pays fee.___________________________________ BANKERS PARTICIPATING POSITIONS W A N T E D Loan Officer with four years exp. and grad, of Univ. of Nebr. wants new challenge in Eastern Nebraska ................................................................$24,000 Commercial Loan Officers with 3 to 20 years experience seek new opportunities.......... $20,000 up Ag Loan Officer seeks Illinois position...........$20,000 Office Manager with well rounded operations experience seeks new opportunity In Iowa... .$23,000 Operations Officer with solid experience seeks new opportunity............................................... $24,000 Fed Land Bank Officer wants to join midwest bank .......................................................... Salary open Ag Loan Officer with insurance and real estate licen ses seeks new job In north central Iowa... .$25,000 up Loan Officer with insurance and real estate licenses wants to relocate near Des M oines................$28,000 If your bank needs a qualified officer, we have many more applicants in a wide range of experience. Call: Malcolm Freeland, Freeland Financial Service, Inc., 246 Insurance Exchange Bldg., Des Moines, Iowa 50309. Phone (515) 282-6462. Employer pays fee. FOR LEASE PERMANENT OR TEMPORARY - Sale or lease financial facilities. Available immediately: 14’x60’ in Nebraska, 14’x50’ with 2 DUWs In Illinois and in Missouri, and 12’x50’ in Minnesota. Phone SON CORPORATION, Box 684, Wichita, KS 67201, (316) 942-8167, call collect. (FSorL) Mobile bank unit, 12’x62’. Complete banking equipment, including drive-up window, night depository, two teller stations, private office off lobby. Available now. Drommer Leasing, 401 Queens Court, Sioux City, Iowa 51104, (712)239-2315. (FL) (605) 426-6031, Roy Lippert, Ipswich State Bank. (FS) Four NCR 775-1000 single pocket proofs. Two NCR 775-2100 12 Pocket proof machines with MDC. Ten Burroughs TR 101 Electronic Tellers. Eight NCR 152-70 Teller Machines. Phone 512/250-0794. (FS) Two Mosler drive-up teller windows. Phone Don Jones, Billing, MT, 406/252-8432.____________ (FS) Ag Banking S p ecia lists^ When it comet to agriculture, banking and personnel. . . go to the specialists — go to AGRIcaroors, Inc. Progressive bankers pay us to find the people they need. Retail Finance Rep ... IA/ N E . $20-22,000 2 Ag Lending Officers.... N D . $20-24,000 Ag Loan Officer/ Insurance IA . $15-20,000 Professional Farm Mgrs. (2).......IA & IL. ........ ................................. $20-25,000 Ag Lending O fficer........ N E . $15-16,000 Sales & Mktg. Rep.......... N Y . $20-25,000 Ask our banking specialist, Linda, what's available without cost or obligation. lEasePlaalnc. 545 - 31st Street Des Moines. Iowa 50312 R. L. “DICK” SELLON (515) 394-3145 > NEW H AM PTO N, IA 50659 aonC4REERS,INC • J THE ORIGINAL AGRICULTURAL RECRUITER P A R T IA L LIST OF A V A IL A B L E APP LIC AN TS VP CASHIER -14 yrs banking with heavy operations exp. Loan exp Includes Ag and Commercial. Excellent supervisory and communication skills. Has BS degree with Bus Admin major. $23,000 V.P. - Resp for mgmt and control of Ag and Commercial loans. Other exp includes insurance sales, new business development, dealer floor planning and inventory financing. Major in Ag Business and Finance. $28,000. CASHIER-LOAN OFFICER - MBA, Finance Major. Primary responsibility includes Ag loans, full charge of accounting functions and counsel president on banking laws and regulations. Previous exp includes 3 yrs as bank examiner. $21,000. LENDER - Exposure to Commercial, Agriculture and Consumer Lending. Desires large bank. $20,000. BRANCH MGR - BS degree in Ag business. Well versed in Ag credit, budgets and planning, business development, insurance sales and supervisory skills. $26,500. AG LENDER - Has one yr exposure to Ag Lending. Real Estate License and BA degree in Accounting and Business. $17,000. ALL FEES COMPANY PAID. FOR FURTHER INFORMATION RESPON D IN CONFIDENCE TO: Bank Division ROBERT HALF of Iowa, Inc. 317 6th Ave. Des Moines, IA 50309 (515) 244-4414 A L L FEES C O M PAN Y PAID POSITIONS A V A IL A B L E COMMERCIAL LOAN $100MM suburban bank seeks addition to staff. Duties involve commercial lending and some commercial real estate credits. Prefer 3-5 yrs. experience. $28,000 OPERATIONS - excellent opportunity for officer with 4-6 yrs. general operations background who wishes to live in western state. Advancement possible. $25,000 AGRI-LOAN-position is #3 ln$45MM bank. Prefer Ag Degree and 5 yrs. bank experience. Will also handle portion of commercial portfolio. $25,000 AUDITOR - due to promotion, growing $50MM bank needs internal auditor with some banking experience. Knowledge of EDP systems necessary. $20,000 FACILITY MANAGER - full service facility located close to major metro area. Prefer lending experience with some knowledge of Ag credits. $16,000 OPERATIONS OFFICER - $70MM affiliate of major midwestern holding company seeks officer to supervise internal operations. Prefer degree and five yrs. or more experience. $25,000 CASHIER -$25MM rural bank has opening for junior operations officer. Position will lead to cashier’s position in short time. Degree preferred. $16,000 Many other fine positions available in midwestern banks. To inquire, please submit resume’ and salary history to: TO M H A G A N & ASSO C IA TE S of Kansas City P.O. Box 12346,2024 Swift North Kansas City, MO 64116 816/474-6874 “Serving the Banking Industry Si nee 1970” Vol. 10 No. 10 Northwestern Banker Newsletter [USPS 873-300] is published weekly by the Northwestern Banker Company, 306 Fifteenth Street, Des Moines, Iowa 50309. 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
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