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• Vol. 15 No. 8 Des Moines, Iowa June 9,1986 Surveys Tell H ab its of Top Execs F YOU qualify as a “top execu tive," there is good news and bad Inews for you, based on results of re 0 # # • 9 _ " The “smoking” study was based on interviews with vice presidents and personnel directors of 100 of the cent surveys conducted for Robert nation’s largest corporations. When Half International, the world’s lar asked, “Are you a smoker?”, 78% gest financial, accounting and data said “No,” while 22% said “Yes,” to smoking. A follow-up question re processing recruiters. The good news is that: vealed that of the 78% non-smokers, •9% of you spend over four weeks 61% of that number had smoked in on vacation the past but apparently had kicked •63% of you manage three weeks the habit. vacation yearly “The trend away from smoking is •78% of you don’t smoke accelerating,” «aid Robert Half, the The bad news is that: firm’s president. “Today, only one »You may be working as many as out of five of the top corporate ex 15 months a year! ecutives we surveyed is a smoker These findings were a result of and there is every reason to believe surveys conducted by independent that the number will continue to research organizations for Robert shrink.” The study also asked participants Half. The “vacations” survey, for to estimate the percentages of example, was initiated by Ac- smokers within their own com countemps, a Robert Half subsidi panies. The results: while 14% of top ary listed as the world’s largest ser- management smokes, 19% of the vice for accounting, bookkeeping middle managers are smokers and and data processing temporary per the percentage increases to 24% for sonnel. In the survey, executives staff personnel. Mr. Half notes “the were asked, “How much vacation smoking rate is 71% higher among time do you take during the course staff personnel and 36% higher for of a year?” The average of 3.1 weeks middle managers. There appears to was part of the statistics which be some correlation between smok show that 28% of the respondents ing and job success, with smokers said they took two weeks, while the darkening the career prospects as 63% majority managed three weeks, long as they insist on lighting up.” and 9% say they spend over four Mr. Half said a previous smoking weeks on vacation. survey revealed that when asked to choose between two equally quali fied job candidates, one a nonsmoker and the other a smoker, top hiring decision-makers chose the non-smoker by a 15-1 ratio. “Clear ly,” says Mr. Half, “ smoking can be hazardous to your wealth!” The “long hours” survey shows that “life at the top may be ap pealing, but the hours are long, very long.” This survey also was con ducted among vice presidents and personnel directors of 100 of the 1,000 largest corporations. They were asked, “How many hours a w eek, in clu d in g n i g h t s , and weekends, do your company’s top executives, middle management and staff personnel spend on company work at home?” Mr. Half says the results are, “Top executives average 10.5 hours a week working at home, which adds up to thirteen 40-hour work weeks during the course of a year. In effect, they are adding three months a year to their already heavy workload.” According to the survey, middle managers spend an average of 6.9 hours a week, or 8.7 full work weeks a year doing company work at home, while staff personnel average three hours a week, or 3.8 weeks a year. Mr. Half, whose most recent book, “Robert Half on Hiring,” has ju st been published in a paperback Call on the “Experienced Professionals” Ready to meet your correspondent needs. Lincoln 13th & M Streets, Lincoln, Nebraska 68501 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Firslier Bank, N.A., Lincoln, Member FDIC 2 The Iowa School of Banking, sponsored by the IBA , will be held June 22-27 at the University of Iowa, Iowa City. Tuition is $350 for IB A members and $1,050 for non members, which includes room, meals, casebook and materials. For more information, contact Joanne Gaudio at the IB A office in Des Moines. ter; vice president—Sharon John son, vice president and trust officer of the Holstein State Bank; secretary—Ann M. Schulz, assistant cashier of the Le Mars Savings Bank; treasurer—Deb Smith, assis tant cashier of the First National Bank of Sioux City. The functional chair positions are membership— Jayne Perrett, vice president of the Holstein State Bank; awards and scholarships—Meryl L. Helmbrecht, auditor of the First National Bank of Sioux City; publicity—Mary C. Brockel, assistant cashier of the First National Bank of Le Mars; public affairs—Arlene Swendsen, cashier of the Commercial State Bank of Pocahontas; parliamen tarian—Joyce Wagner, assistant cashier of the Security State Bank of Hartley, and Wilma Weeks, corresponding officer of the Security National Bank in Sioux City. INDIANOLA: The planned merger has been announced of P T & S Ban corp., a one bank holding company which owns People Trust & Savings Bank, with Iowa National Bankshares Corp., the parent holding company of The National Bank of Waterloo. Peoples Trust has offices in Indianola, Lacona, Martensdale and Milo. The merger is expected to be completed by the end of the year. In addition, Jam es Davies, presi dent of Peoples Trust, has an nounced he plans to retire in Janu ary, 1987. STANTON: Jam es W. Grotenhuis, president of Security State Bank, has announced his family has agreed to sell controlling interest in the bank to a group of investors headed by Mike L. Keim of Omaha. Mr. Grotenhuis and Mr. Keim stated the bank’s policies and staff will remain the same under the new ownership. The Board will be increased to in clude Mike Keim, Ivan Husa, Sara Thornton and Martin McCartner. Mr. Keim will become bank president and Mr. Husa will become ex ecutive vice president. , Norwest Bank Des Moines N.A. Call (515) 245-3131 or toll-free (800) 362-2514 N O R W E S r BAN KS mmmuu Member FDIC wmymm Teamwork: one of the reasons we're first in Iowa. Jay Nichols John Cretzmeyer edition by New American Library, notes, “ I t ’s always been accepted that it takes long hours of work to get to the top. What this study shows is that it may take even longer hours to stay there. ** □ Iowa News The Iowa Bankers Association urges the attendance of ag lenders at the regulatory/legislative teleconfer ence and FmHA meeting on June 18 at various locations in Iowa. Please refer to the article in the June 2 Newsletter or contact the IB A for more information. ASK STAN FARMER to make MNB work for you. Toll free 1- 800- 332-5991 Merchants ^ National Bank 151 M em ber F.D.I.C. A BANKS O F IOWA BANK https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IOWA FA LLS: Don Henrich has been elected to the board of direc Wisconsin News tors of the Iowa Falls State Bank. MADISON: The Wisconsin Bankers He is vice president and general Association will honor 14 officers manager for Prestressed Concrete and directors of Wisconsin banks Operations. who have attained 50 years of ser SIO U X CENTER: The Northwest vice by initiating them into the “Fif Iowa Group of the National Associa ty-Year Club’’ at the W BA conven tion of Bank Women has elected the tion June 16-18. Special recognition following members for their 1986-87 will be given to Leonard P. Eager, officers: president—Beverly J . Jen 91, who is president of Union Bank sen, vice president and cashier of the and Trust, Evansville, and has been First National Bank of Sioux Cen- a banker for 70 years. I t's easier to talk Iowa banking with people who live it — people like Steve Brewer and the corre spondent staff at Bankers Trust. C all 1-800-362-1688 or 515/245-2424. Bankers Trust Member FDIC Des Moines, IA Steve Brewer Commercial Banking Officer • ® ® ® ® ® ® _ ® • SPRENGER, JENNINGS AND DOLL Bill Sprenger Tom Jennings Outside Missouri call 1-800-821-2182 In Missouri call 1-800-892-7100 Nebraska News The 1986 NBA Bank President’s Golf Tournament will be June 12 at the Lochland Country Club in Hast ings. Following coffee and rolls at 8:30 a.m., there will be a shotgun start at 9:00. The day will end with 0 awards and a buffet dinner. The tournament is limited to the first 144 bankers registering with priori ty given to CEOs and/or presidents. The fee is $65. Register through the % NBA office. a Doug Doll Commerce Bank o f Kansas City C. Brown, president of Norwest Cap ital Markets, and Richard D. Schnei der, recently appointed chief credit officer for the banking group. They have been with the Norwest organi zation since 1975 and 1964 respec tively. Mpmhpr FDIC * YOUNG AM ERICA: Jerald Tiggelaar has been named vice president in charge of the commercial loan de partment at the State Bank of Young America. He formerly was president of the Norwest Bank, Slayton. M INNEAPOLIS: Larry L. Gilb has Illinois News been appointed managing director of First Bank System’s North/Central CHICAGO: Continental Illinois Minnesota region. He presently Corporation has announced the ap serves as a division director of the pointment of two vice presidents. Northern Minnesota region and Jacques Gliksberg, in the corporate president and CEO of First Bank and institutional banking—Midwest * * * Duluth. He will continue in the department, serves Chicago-based multinational corporations. Jean The National Association of Bank Duluth positions. Mr. Gilb succeeds Robinson, in the corporate and insti Jam es H. Claypool, who will retire Women, Mid Plains Group, will hold tutional products department, coun its June meeting at Ross’ Steak on July 31. sels corporate customers in cash House in Omaha on June 24 at 5:30 PA RK R A PID S: Effective May 26, management. Both joined Continen p.m. Guest speaker will be Stuart Northwoods Bank of Minnesota re tal Illinois in 1980, were named Miller, director of research, Nebras ceived approval from the Minnesota hanking officers in 1982 and second ka Department of Economic Devel Department of Commerce to relo vice presidents in 1984. opment. For reservations call Louise cate its charter location from Dor Bazemore at 348-6515. set, Minn, to E ast Highway 34, SK O K IE: First National Bank of Park Rapids. The bank has main Skokie has announced that Paul A. ROSELAND: The Roseland State tained an office at the Park Rapids Hartmann has joined the staff as vice president in the commercial ^ Bank was closed by the Nebraska location since 1983. Department of Banking and Finance ST. PAUL: Michael E . Traeger and loan department. He previously held a similar position at the Aetna Bank on May 28. I t was the third Neb Jam es W. Widen have been pro in Chicago. raska bank to be closed this year. moted to vice presidents by First The bank’s assets were acquired by Bank St. Paul. Mr. Traeger has been Hastings State Bank, which re serving as assistant vice president Montana News opened the bank as a branch office Mrs. Neysha Humphreys, CPA, of special loans commercial. Mr. on May 29. The Roseland Bank had Widen was assistant vice president has been employed as executive vice assets totalling $11.1 million. Hast of personal banking. In addition, president of M BA Services Inc. She ings State Bank will assume about Ja ck Hauser has been named head has been employed for the past ^ $10.1 million in 2,300 deposit ac of the private capital division at seven years by Anderson-ZurMuehcounts and agreed to pay the FDIC len Co. in Helena. First Bank St. Paul. a purchase premium of $239,000. It also will purchase certain of the failed bank’s loans and other assets 0 for $7.5 million. The FD IC will ad vance $2.4 million to the assuming bank and will retain assets of the At Security National Bank, we’re people you can failed bank with a book value of count on to handle all of your Correspondent about $3.6 million. Banking needs. So, start corresponding with us. Minnesota News We’re Security for you! Ron Kiel M INNEAPOLIS: Two new execu Correspondent SECURITY NATIONAL BANK tive vice presidents have been Banking Officer IN SIOUX CITY, IOWA. MEMBER F D.I.C. • elected to the banking group of Nor712-277-6736 Corporation. They are Robert Digitizedwest for FRASER We’re Security for You https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 WANT ADS POSITIONS AVAILABLE COMMERCIAL LENDERS Rates are $5.00 per line per insertion. Add $3.00 for file letters per insertion. Identity o f file letter advertisers cannot be revealed. VP/MGR COM’L LENDING Positions now available in three choice locations in Upper Midwest. Require minimum of 3 years experience and col lege degree. Salary to range from $35,000 to $60,000. NORTHWESTERN BANKER 1535 Linden St., Suite 201 Dee Moines, Iowa 50309 Phone 515/244-8163 Superb opportunity! Well respected TC bank seeks sensi ble banker to manage com ’l loan portfolio. 5 + yrs solid com'l lending exp, strong analytical skills, enthusiastic business developer and college degree desired. $38-45,000. Job #B8611. VP/MGR AG LENDING POSITION AVAILABLE SENIOR VICE PRESIDENT $120M bank. Rural area close to metro area. Bank ing degree, solid lending experience, and manage ment skills are necessary. Salary and fringe bene fits commensurate w ith experience. Send resume to File No. WFM c/o Northwestern Banker. INTERNAL AUDITOR for bank in west central Nebraska. Experience in bank auditing preferred. Salary dependent upon qualifications. Send resume to File No. WFU c/o Northwestern Banker. PA ASST. CASHIER— Bank located near DM. An opening for indiv. w/bank operations exp. Some lending duties pos sible. Insurance license preferred. Send resume to File WFS c/o Northwestern Banker. (PA) Im m ediate opening fo r experienced COMMERCIAL LENDER in large eastern Iowa commercial bank. Excellent benefit package. Send resume to File No. WFT c/o North western Banker Newsletter. (PA) DON « tH O O L E R Ir AND- ( p p W) ASSOCIATES "Successful Banking is Quality Personnel" POSITIONS AVAILABLE PRESIDENT, $5mm bank in a town of 5,000 close to a reputable c o lle g e ............................to $30,000 JUNIOR AGRICULTURE LENDER for a $70mm bank in a town over 20,000, 2 hrs. from metro, and excel lent schools ...................................to $30,000 ALL AROUND BANKER for a $40mm country bank. Lending and some operations re q u ire d ----.....................................................$20,000 to $25,000 VICE PRESIDENT loan officer for a $50mm bank, extremely progressive area, heavy ag background required ...................................................to $40,000 PRESIDENT $15mm bank in a most desirable rec reational area .......................................$40,000+ + SENIOR VICE PRESIDENT $65mm bank, town over 10,000 ...............................................to $40,000 VICE PRESIDENT, COMMERCIAL lender requiring strong commercial technical skills, college town . ........................................................................ $50,000 SENIOR VICE PRESIDENT over lending in an $80mm bank in an exceptionally fine small town close to metro area ........................................OPEN OPERATIONS OFFICER, $25mm bank with 2,000 acre lake ........................................................$25,000 DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417) 882-2265 POSITIONS AVAILABLE CASHIER Exceptional oppty for deg Indiv exposed to bkpg, state ment analysis w /2 + yrs exp. Unlimited growth potential for aggressive fast tracker. ‘ $28K. CONSUMER/RETAIL 3 + yrs installm ent and R/E lending in $30-60m bank can put you in challenging growth pos. Long term direction Into sr. mgmt in this cty seat town. $25K. AG LENDER Sr spot in recreational area offers 6 K + com munity & clean bank near 30K city. Cash flow exp, farm calls and loan anal exp. Must have 4 + yrs in ag bank handling $5m + portfolio. $30K + . FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS Has your career come to a standstill? Minnesota commu nity bank needs you! 3 + yrs ag lending exp, degree and strong interpersonal skills desired. HOT! To $30,000. Job #B8612. EXECUTIVE VP Under-challenged? Enticing growth opportunity to be the #2 person in $40mm Minnesota bank. 8 + yrs com’l/ag lend ing exp, proven loan admin skills and a bility to motivate sta ff need. Leads to Presidency. $40-50,000. Job #B8613. For Further Information Call Paul Gentzkow R O B E R T M M JF 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 (Ml 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID TRUST OFFICERS Positions now available in three major banks in Nebraska, Iowa, and South Dakota. Law Degree preferred. Experi ence in personal trust and/or employee benefits a plus. Salary range to $35,000. BANK AUDIT CHIEF Major bank holding company seeks CPA w ith bank audit experience. Salary to $30,000. Freeland Financial Service 1010 Equitable Bldg. Das Molnas, IA 50309 515/282-8482 Employer pays fee. Please contact Malcolm Freeland concerning these quali ty applicants or for other types of banking officers. ALL FEES COMPANY PAID POSITION AVAILABLE CAPITAL PERSONNEL SERVICE $30M north Iowa bank needs SR AG LENDER. Responsibilities would include implementation of lending policies, compliance, supervision o f staff, work out loans and developing custom er relation ships. Salary negotiable. Send resume to File No. WFE c/o Northwestern Banker. 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 POSITIONS WANTED Serving bankers quietly and efficiently. BANKING COMMERCIAL LOAN MANAGER. 8 + years experi- # ence with middle market accounts to oversee this j $45mm portfolio. Business development skills a ’ m u s t!.....................To $45,000 ..................... Call Mar) j SENIOR VICE-PRESIDENT. As a member of Senior j. Management Team, you w ill influence bank policy. | -Strong commercial background-management exper ie n c e fo r stable bank. Tremendous com m unity . . . . I ........................ To $50,000 ......................... Cal I Bruce ) ! INSTALLMENT DEPARTMENT HEAD for $20mm de partment. Need a "s ta rte r” to manage sta ff and to > increase departm ents’ market share. Come on : board to greater opportunity w ith th is bank holding company. 3 + years Installm ent exp......... $25-35,000 ....................................................................... Call Bruce * COMMERCIAL LOAN OFFICER. 2 + years experi- ; ence and an aggressive, high image profile fo r this i • upscale market and professional client custom er | base. Develop your portfolio and build your future in i Xthis refined com m unity! Holding company bank . . . ............................ To $35,000 ......................... Call MarJ \ i VICE PRESIDENT. Can lead to Senior Loan Officer. I i; Strong commercial background, knowledge of other Î X lending. Highly recommended com m unity w ith lots Î of area activity. Benefits plus profit sharing! .......... ¡$38,000+ ..................................................... Call Dean I COMMERCIAL LOAN OFFICER. Are you a good peo| pie person? Have 2 + years good credit experience? j Then grab this position w ith an excellent holding < ! company bank located in a recession proof commu- f « n lt y .......................To $30,000 ....................... Call Mar] I 1 SENIOR LOAN OFFICER. Use your experience to f ( take charge of $47mm loan department. Rural bank X * w ith half commercial, half ag loans. Bonus + profit j s h a r in g .................. $40,000+ ................... Call Dean ï COMMERCIAL MANAGER. Be in charge o f the com- « S mercial portfolio of a bank w ithin Vi hour of metro, s I You’ll be groomed to manage a full service branch in | I the metro. 5 + years commercial exp. .. .T o $38,000 ; I ....................................................................... Call Bruce | IO O Hill REAL ESTATE LENDER Multi-bank group seeks qualified real estate lender. Ability to package for sale to secondary market a plus. Salary Open depending on experience. (personnel Search 1126 So. 72nd St. Omaha, Ne. 68124 Seeking a MANAGEMENT TRAINEE POSITION leading to a career in banking and investment field. Graduate of Mid land College, Fremont, NE., w ith BSBA degree, concentra tion in management. Two years experience as bank teller last two years of college. Available im m ediately fo r inter views. Good references. Bradford Cook Schiermeyer, 91 West 10th St., Fremont, Nebr. 68025 (402) 721-2213. (PW) SR. LENDER experience and CEO of $20-40MM IA/IL bank. Mature banker. Proven record of accom plishm ents. Com mon minded. Contact file No. WFQ c/o Northwestern Banker. (PW) ADAMS, INC. Specialist in Executive Search For Banks “All Inquiries Confidential!’’ Contact: JAY B. ADAMS Adams, Inc. 10050 Regency Circle Omaha, NE 68114 (402) 391-7325 POSITIONS AVAILABLE LOAN REVIEW - lead bank of major mldwestern holding company. Requires degree and minimum of tw o yrs. loan review experience in large bank environment. $28K COMML. LOAN - $100M suburban a ffilia te of large m ulti bank holding company. Strong technical skills and 3 yrs. or more experience. $30K INSTL. LOAN • manage consumer department for $80MM suburban bank. Ideal candidate w ill 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 com m unity bank. Assist w ith commercial loans. $35K Additional opportunities available. Resume requested. TOM HAGAN & ASSOCIATES 2024 Sw ift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 15 No. 8 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 mall subscriptions, changes of address (Form 3579), manuscripts, mall items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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