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Vol. 16 No. 48

Des Moines, Iowa

A B A Leader Sees Struggle for Powers
P E A K IN G before the Bank
Management Conference and
Legislative Briefing conducted in
Des Moines last week by the Iowa
Bankers Association, A B A Execu­
tive Vice President Don Ogilvie said
the outlook is favorable for Senate
passage of the Proxmire-Gam ex­
panded powers bill, but it faces a
tougher battle in the House.
Congress kept its pledge on
March 1 to kill the moratorium im­
posed last March 9th that prohibi­
ted banking regulators from authori­
zing any new services for federally
chartered banks. Subsequently, the
Proxmire-Gam Bill was adopted
.18-2, providing expanded securities
^activities for banks. The bill
authorizes banks to underwrite
securities, com m ercial paper,
revenue bonds and mortgage backed
securities immediately. Delayed for
180 days is authority to deal in
mutual funds and underwrite any
corporate debt. Specifically not
authorized is the underwriting of
corporate equities, and an up or
down vote on that issue will take
place April 1, 1991.
“ This is basically a repeal of
Glass-Steagall,” Mr. Ogilvie stated.
“ Senators Proxmire and Garn
worked hard to get this bill passed.
The outlook for it in the Senate is
good. We look for its passage in the
spring, based upon the heavy 18-2
endorsement it received in commit­

S

tee.
“ However, its outlook is more
dangerous in the House, especially
in the insurance arena. We want
nothing to impede the rights of
bankers to offer any service granted
by their individual states. The Dodd
Amendment in the House would
allow states to authorize services for
banks, but it would prohibit banks
from selling insurance outside their
domiciled community or across
state lines. For example, if you’re a
state-chartered bank in Iowa and
owned by an out-of-state company,
you couldn’t handle insurance.
“ Also, Rep. Dingell of the Energy
Committee opposes us as does Rep.
St Germain, who opposes banks
having securities powers. He could
respond to the Senate Bill by trying
to eliminate bank insurance powers.
“ With the success the banking in­
dustry has had in getting the mora­
torium killed we have built for the
future because of your willingness to
stand up and support the bill. This
outpouring of support, represented
by an estimated one million letters
and calls to Congressmen, has
strengthened us for the future. Now,
we must determine if we will sup­
port the (expanded powers) bill if it
receives crippling amendments in
the House. Washington pundits said
we couldn’t get the job done on the
moratorium because of the opposi­
tion from the securities, insurance

March 14,1988
and real estate industries, but you
have seen the results of your work.
We have now been informed by the
real estate agents that they will no
lo n g e r op p ose us on th is
legislation.”
Mr. Ogilvie earlier in the day at­
tended an Iowa Bankers Associa­
tion board meeting to present Presi­
dent Clair Lensing a plaque honor­
ing the IB A for ten consecutive
years of 100% support for BankPac.
IB A Executive Neil Milner followed
Mr. Ogilvie and related that the
IB A has received a letter from the
Iowa Association of Insurance
Agents that it will not oppose the
bank powers bill. Many Iowa bank­
ers are members of that associa­
tion.
□

M a rk O ls o n to J o in A rth u r
Y o u n g W a s h in g to n O ffic e
Mark W. Olson, immediate past
president of the American Bankers
Association, will join the Arthur
Young international accounting, tax
and management consulting firm in
Washington, D.C., on May 1. Mr.
Olson said he and his brothers and
sisters will be selling their family in­
terest in the Security State Bank of
Fergus Falls, Minn., with which
Mark has been affiliated for 14
years. He will resign his bank post
as president and CEO to join the A r­
thur Young firm as a partner and
director of banking industry rela­
tions. His responsibilities will be to
coordinate and expand the firm’s re-

After more than 120 years of providing correspondent banking services to the
Midwest, you can say we’ve had a chance to polish our trade.
Find out for yourself. Count on Commerce.

1-800*892*7100 1*800*821*2182 S S S S f “


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Federal Reserve Bank of St. Louis

(Outside Missouri)

H k M

Norwest Bank Des Moines, N.A.

ammam
NORWEST BANKS
aaaaa
aayaa

FOR SALE

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

RECONDITIONED
BRANDT Coin Sorters-Counters
BRANDT Currency Counters

Member FDIC

New Warranty
402-571-5577

Ye am work:
one of the reasons
we’re first in Iowa.

W j
W 3F
Mark Conway

John Rigler

lationships with national and state 8:30, and you may tour the Histori­
bank trade organizations, banking cal Museum at your leisure. Cost is
regulators and congressional com­ $10 for members and spouses, $13
mittees with banking oversight res­ for non-members. Contact Joyce
ponsibilities. Mr. Olson said his Buck at Central State Bank in State
family will relocate to the Washing­ Center today to register.
* * *
ton area after school is out in May.

Io w a N e w s
The Central Iowa Chapter of the
Bank Administration Institute will
hold its March meeting on March 17
at the new Historical Building, East
6th and Locust. This is a joint
meeting with the National Associa­
tion of Bank Women, and will honor
any bankers or directors in the area
who have been in banking for 50
years or more. An hors d’oeuvre buf­
fet and cash bar will be open 5:30 to
;

!.
W

\
’ 1

Dick Retz
MNB Correspondent Banker

Together We Can
Accomplish
Great Things
Call 319-398-4806
or toll free 1-800-332-5991

The Iowa Bankers Association is
offering a brochure on FDIC in­
surance for banks to use to educate
their customers. The brochure is
available in quantities from 500 to
10,000 copies, with discount prices
for IB A members.
DES M OINES: Funeral services
were held here March 7 for Arthur T.
Donhowe, 90, who died of cancer
March 2 in Scottsdale, Ariz. Mr.
Donhowe retired June 1, 1962, as
vice president and head of the cor­
respondent bank department at Cen­
tral National Bank and Trust Com­
pany (now First Interstate Bank of
Des Moines). He joined the bank in
1927, was named vice president in
1937, and a director in 1947. He
retired as a director in 1979. A t the
time of his death he was vice presi­
dent, director and majority stock­
holder of Norwalk-Cumming State
Bank in Norwalk, where his son,
Robert M. Donhowe, is chairman.
DES M OINES: Ardeth Wolf, 65,
died March 1 at her home after a
two-month illness. She is survived
by her husband, Eddie Wolf, who
retired January 31, 1983, after a
42-year career with United Central
Bank of Des Moines (now First In­

terstate). Mr. W olf was senior vice
president and head of the correspon­
dent h a n k i n g division. Ardie W olf
had traveled frequently with her
husband to Iowa bank meetings and
was widely known among bankers
throughout the state.
G U TH R IE CENTER: Esther Bar­
nett, 68, died in Yuma, Ariz., on
March 2. A memorial service was
held in Guthrie Center on March 8.
Mrs. Barnett had been a director of
Guthrie County State Bank from
1971 to 1983. She is survived by her
husband, G.M. Barnett, Jr., who
became an officer of Guthrie County
State in 1951, then succeeded his
father, G.M. Barnett, Sr., as presi­
dent in 1960, the post he held until
his retirement January 31,1983. He
continued as a director until 1987.
DUBUQUE: George L. Stitziel has
been elected vice president—trust
investments at First National Bank
of Dubuque. Prior to joining the
bank, he was an assistant vice presi-|
dent and senior trust investment of"
ficer at RepublicBank Dallas, Dal­
las, Tex., for 12 years.
LONE TREE: Gayle F. Kaalberg
has been named senior vice presi­
dent at Farmers & Merchant Sav­
ings Bank. He had been serving as
vice president and will continue as
senior ag loan officer. Robert R.
Wisor has been elected vice presi­
dent and named security officer at
the bank. He left the Iowa State
University Extension Service to join
Farmers & Merchants in 1986.
M ASON C ITY: On December 31,
1987, Hawkeye Bank & Trust of
Mason City was purchased by a
group of local business and profes­
sional people. It was then merged
with Community State Bank of

t's easier to talk Iowa banking
with people w h o live it — people
like Steve Brewer and the corre­
spondent staff at Bankers Trust.

I

Call 1-800-362-1688 or 515/245-2424.

S trength
E astern
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M erchants National
r F D IC
Cedar Rapids. Iowa 52401
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Steve Brewer

B ank isi
a

BANKS OF IOWA BANK

Des Moines, IA

Member FDIC

Assistant Vice President

Some special candidates from
Robert Half's Banking Division
Partial list o f available Banking candidates.

SR COMMERCIAL OFFICER. High activity lender. Last 7 years in big volume department bringing in the quality customers.
Strong documentation, people skills and management techniques. Professional education includes RMA omega, numerous
AIB courses. Keeps the work flowing. BM 12
’
$58K
£

9

•

CONTROLLER. CPA/CIA with 5 + years of bank holding company experience desires to move into bank management.
Strong auditor with bank reg knowledge and loan analysis exp. Personable individual who works well with all departments
BM13
$36K
AG LENDER. Five + year banker who has seen it all. If you’re looking for a communityperson thisis it. Welltrained in all
areas of ag,grew up on a farm anddegreed from ISU. Dead-ended
in currentspot, seeks newchallenges.
BM14
$33 K
LOAN OFFICER. Generalist in finest sense of the word. Has worked on real estate, small business, floorplan, ag and install­
ment loans in past five years of banking. Analytical professional, self starter. Great references. Needs very little supervision
BM15
$25K
EMPLOYEE BENEFITS ADMINISTRATOR. One of the few around! Very knowledgeable in EB area having specialized for
fthe last four years. Developed expertise in pensions, employee benefits, tax preparation, accounting and investments. Ability
to work with customers and provide the highest quality service. BM16
$32K
#2 VP. Proven professional began career as ND bank examiner. Over 15 years of independent banking, knows how to set up
and service a borrower. Degreed, top-notch work out skills, not afraid of a problem situation. Can’t wait to dive into a good
situation and can make it better. BM 17
$46K

#

0

•

BRANCH MANAGER. Imaginative manager with ability to solve any problem. Insurance licenses and cross-selling skills.
Currently directing a four branch system consisting primarily of retail banks. Consistent performer trained in holding company
and proven in independent environment. BM 18
$30K
PRESIDENT/CEO. Successful president running camel one rated bank with 1 + ROA seeks new opportunity. Portfolio
presently consists of 30% R.E. and ag, 50% commercial and 20% consumer. Presently in a near metro environment but
would consider outstate opportunities. Family oriented, would be great addition to any city or town. BM19
$50K
OPERATIONS/CASHIER. Dedicated operations person who has spent last 7 years working in efficient $30M + bank. Over­
saw controllership duties plus day to day bank functions. Management abilities and a team player who works best in a support
role. Strong computer skills. BM20
$28K
PRESIDENT. Looking for someone who can maximize profits and get the most out of your employees? Here is a nononsense ag bank manager who can run the show and keep everyone happy. Over 15 years of not only being active but
jumping to a leadership role in all that is involved in. BM21
$43K
EX VP. Can your bank be performing better? Top notch lender well trained in big city commercial and rural ag now available!
Tremendous worker currently #2 in high performance bank enjoys second person role but desires shot at #1 down the line
Will earn it. BM22
(AG LOAN OFFICER. Hard working lender who has 5 + years in rural environment seeks new opportunity. Excellent track
record, has super knowledge of FmHA and gets along well with all customers. “ Can do”


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

personality! BM01
$27K

PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES

SR VP. Currently senior lender in a $60M bank. Supervises three and oversees a $20M + portfolio that is in great shape.
Besides proven management skills this dedicated community person can handle all phases of institutional operations. Ready
to relocate and increase your profits. BM02
$45K

TRUST OFFICER. Versatile trust person who has worked in all areas of bank marketing. The last three years devoted to
estate planning and personal work for a holding company department handling 130 accounts netting over $20M in assets.
Looking for one person department to run in county seat environment. BM03
$30K

PRESIDENT. Self starter who thrives on challenges. Developed an asset liability management policy while handling trust
duties, keeping community active and directing lending. Goal setter who achieves what is proposed and makes an impact.
Will work well with any board. BM04
$50K
CREDIT ANALYST. Formal credit training! Heavily exposed to financial analysis of large sophisticated credit in metro environment. Top notch image and educational background. Currently working in one of the nation’s finest banks but seeks op­
portunity to return to Midwest. BM05
$23K

•

AG LOAN VP. Detail oriented manager who has run branch bank in strong ag community. Also department head for ag area.
Successfully reduced outstandings and corrected problems in portfolio while maintaining image of bank to borrowers. Seeks
active challenging position in quality organization. BM06
$35K

•

OPS/AG. CPA; 3 year operations person who has tremendous accounting skills. Well trained in cashier duties plus able to
make loans. Strong analytical background. Born and raised in community of 500, completely open to relocate but prefers
smaller town. BM07
$25K

•

REAL ESTATE LENDER. Producer who gets it done. Specialty is commercial real estate loans but great track record in
residential too. Seven + years in the business in $75M institution, truly a deal maker. Great team player. BM08
$38 K
CONSUMER LOANS. Tired of hearing about top notch people? Here is your chance to talk to one. 5 year installment lender
who

has commercial

lending

exposure.

Formal credit training

and

new business development skills.

B M 09^^
$27K ”

SR. PROGRAMMER. MBA from Drake. Six + years industry background in both insurance and banking environments.
Very familiar with MSA software packages. Very detail oriented. BM10
$30K

•

SR VP INVESTMENTS. Increase your earnings. Now more than ever an investments manager who can squeeze out every
dollar is even more important. Here is an individual well trained in all facets of banking who has run a $200M portfolio and had
phenomenal success. Can do the same for you! BM11
$50K

^

FOR FURTHER INFORMATION ON THESE CANDIDATES CONTACT KURT ROSENCRANTS

ROBERT H ALF
317-6TH AVENUE, STE. 650
DES MOINES, IA 50309

(5 1 5 )2 4 4 -4 4 1 4
W O R L D ’S LA R G E S T BA NK IN G , A C C O U N TIN G , A N D EDP PLA C E M E N T SP EC IA LIS TS
W E A LSO HAVE TE M P O R A R Y BA N K IN G PR O FE S S IO N A LS
WE HAVE BANKING SPECIALISTS WHO ARE READY TO GO TO WORK FOR YOU NOW. CALL US TODAY. IT
DOESN’T MATTER WHERE YOU ARE LOCATED OR WHERE YOU WANT OUR SPECIALIST TO WORK. OUR PROS
ARE READY TO GO.
•


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

OVER 60%

P OFALL BANKSIN OURMARKETAREAARENOWINSURED
BY THE KANSAS BANKERS SURETY COMPANY

That’s Right. . . In the nine states we serve we have solved the bonding needs for
6 of every 10 banks.
Thafs over 16.4% of all banks in the United States

THE REASONS. . .
|

SUPERIOR SERVICE
MOST COMPETITIVE PREMIUMS
REALISTIC UNDERWRITING
PROMPT CLAIMS SERVICE

IF YOU’RE NOT GETTING THE SAME FROM YOUR BONDING COMPANY...
GIVE US A CALL - YOU’LL BE GLAD YOU DID.

THE KANSAS BANKERS
SURETY COMPANY
DAVID E. ABENDROTH
Senior Vice President

DONALD M. TOW LE
President

611 Kansas Avenue P.O. Box 1654
Topeka, Kansas 66601
Phone 1-913-234-2631
f c

^

*

FINANCIAL INSTITUTION BONDS, SAFE DEPOSITORY LIABILITY, CHECKS KITING FRAUD INDEMNIFICATION,
DIRECTORS AND OFFICERS LEGAL DEFENSE AND LIMITED INDEMNITY POLICIES


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Serving the Heartland of America since 1909

OVER 60%

OFALL BANKSIN OURMARKETAREAARENOWINSURED <
BY THE KANSAS BANKERS SURETY COMPANY

That’s Right. . . In the nine states we serve we have solved the bonding needs for
6 of every 10 banks.
That's over 16.4% of all banks in the United States

THE REASONS. . .

SUPERIOR SERVICE
MOST COMPETITIVE PREMIUMS
REALISTIC UNDERWRITING
PROMPT CLAIMS SERVICE

(

IF YOU’RE NOT GETTING THE SAME FROM YOUR BONDING COMPANY...
GIVE US A CALL - YOU’LL BE GLAD YOU DID.

THE KANSAS BANKERS
SURETY COMPANY
DONALD M . TOW LE
President

DAVID E. ABENDROTH
Senior Vice President

611 Kansas Avenue P.O. Box 1654
Topeka, Kansas 66601
Phone 1-913-234-2631
FINANCIAL INSTITUTION BONDS, SAFE DEPOSITORY LIABILITY, CHECKS KITING FRAUD INDEMNIFICATION,
DIRECTORS AND OFFICERS LEGAL DEFENSE AND LIMITED INDEMNITY POLICIES

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Serving the Heartland of America since 1909

3

Correspondent Services

^ ^

35 ^3?^5

More o f whet it takes to serve you well.

-S F irs T ie r B an ks
Lincoln • Omaha

FirsTier Bank, N.A., Lincoln and FirsTier Bank, N.A., Omaha, Members FDIC

•

•

•

•

®

Rockwell, and the bank name
changed to Liberty Bank & Trust.
Subsequently, the charter was mov­
ed to Mason City, with a branch office remaining in Rockwell. Joe D.
Petra has joined Liberty Bank &
Trust in Mason City as president
and CEO. He most recently served
in those positions at Salem National
Bank in Salem, 111. Jim Davids has
joined the bank as vice president.
His most recent position was as
head of credit administration for
First Midwestern Financial Corporation in Hampton.
SH E LL ROCK: Jim Arens has been
elected president of Security State
Bank. He had served the past year
with the Farm Credit System. Pre­
viously, Mr. Arens was associated
with the First National Bank of
Waverly for almost 30 years. He
was elected an officer there in 1959.
He was elected cashier in 1961 and
held that title along with other pro­
motions until 1985. Mr. Arens was
named president in 1983 and held
that post until 1986.

R o g er B e v e ra g e T a k e s P o st
a t O k la h o m a B a n k e rs A s s o c .
0

0

0

Roger Beverage, former Director
of Banking for the State of Nebras­
ka, will become the new executive
vice president of the Oklahoma
Bankers Association. He succeeds
Robert E. Harris, who recently left
that position to head up the Texas
Bankers Association.
Mr. Beverage has been in private
law practice in Omaha and Lincoln
since leaving his director of banking
post in July, 1985. He was ap­
pointed banking director for
Nebraska on January 2, 1984. He
also served as executive vice presi-

#

■y *

f c

dent of the Nebraska Bankers
Association from 1979 to 1982.

operations officer for Norwest Bank
Nebraska. The following six years in
spent in a variety of positions with
M in n e s o ta N e w s
Norwest Corp. in Minneapolis. Since
The Minnesota Metro A IB has last year he had been a member of
announced seminars to be held dur­ the retail banking services group for
ing April. Dates and topics are: Norwest Technical Services.
6th—Procedure Writing for Ban­
BANKS FOR SALE
kers; 6th—Introduction to Sym­
BANK OWNERSHIP CHANGES
phony; 12th—Installment Loan/Cre—Our Specialty—
dit Card Collection; 13th—Inter­
SELLERS ■ if you already have a buyer for your
stock and there is a question of whether or not it
mediate Lotus 1-2-3; 14th—Word
is a fair price - we can m ake an independent
Perfect 5.0 Enhancements; 19th—
appraisal.
BUYERS - If you are about to purchase control­
Dealing with Difficult People;
ling Interest in a bank and there is a question of
20th—Using the Laser Printer;
whether or not it is a fair price -we can m ake an
independent appraisal.
21st—The Executive Secretary;
Those wishing to buy or sell - we can do the job
for you if you are serious.
27th—Collateral Documentation;
27th—Know Your IBM-PC. A ll sem­
CROW N BANKING SERVICES
325 W. Prospect Avenue
inars will be held at the A IB office in
Mt. Prospect, Illinois 60056
(312) 392-5151
Minneapolis. For more information,
contact Judy Clark at (612) 3388482.

W A U SAU : William H. Rodd, chair­
man and Edwin J. Zagzebski, presi­
dent of Central Wisconsin Bankshares, Inc., announced on February
29 that the affiliation with Marshall
& Ilsley Corporation of Milwaukee
has been completed.

S o u th D a k o ta N e w s
SIO UX FALLS: Kenneth Berger
has joined Norwest Bank South
Dakota as vice president, human
resources. He joined Norwest in
1974. From 1975 to 1980, he was

A Meeting
Of The Minds.
At Security National Bank, our minds
are on meeting all your Correspondent
Banking and Investment needs.
We’re Security for you!

w
Correspondent Services
Officer


712-277-6769
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

t

■J3

SECURITY N A TIO N A L BAN K
MEMBER F.D.I.C.

At United Missouri, we have
maintained the same prices since
1983, which means we are highly
competitive. Shop around and com­
pare. Our prices can help your bank
become more profitable. In addi­
tion, you’ll be dealing with experts
with a proven track record in bank
services. We’re one of the best in
correspondent banking, and we’re
competitive. Call us today. We’ll talk
prices over the phone.

1
III H

:h

Richard Kunz
IN SIOUX CITY, IOWA.

We’ve held the
line on prices
to help your
bank.

W is c o n s in N e w s

Wilma Weeks
•

Correspondent Banking

ST. PAU L: Among recent promo­
tions at Western Bank was the nam­
ing of two vice presidents. Cynthia
Rowe Carlson was named v.p., commercial/real estate. Scott A. John­
son was named a vice president at
the Oakdale facility, where he has
been manager since 1986.

Investment
Representative

712-277-6522

lb

UNITED MISSOURI BANK
Member FDIC 0 f K a i l S c ì S C î t y , ï l . à .

10th and Grand, P.0. Box 226
Kansas City, Missouri 64141
(816) 556-7900

4

WANT ADS— Rates are $5.00 per line per insertion. Add $5.00
tortile letters per insertion. Identity of file letter advertisers cannot
be revealed. NORTHWESTERN BANKER, 1535 Linden Suite
201, Des Moines, Iowa 50309. Phone 515/244-8163

POSITIONS AVAILABLE
Seasoned COMM’L/RE LENDER with analytical & m anage­
ment experience for expanding $25M M bank located in
major metro area in the midwest. Could be 2nd man for
right person. Send resume to File No. W M I c/o North­
________________________________ (PA)
western Banker.
Five bank group, newly formed w ith 150MM in assets seek­
ing SENIOR MANAGEMENT candidates. Strong Ag and
com m ercial skills a must. Excellent ground floor oppor­
tunities. Send letter or resume to File No. W M S c/o Northw estern Banker.____________________________________ (PA)

VP— $18mm bank located in a rural suburban com m unity
near Mpls. looking for an individual with com m ercial & real
estate loan & operations exp. Excellent opportunity. All
replies kept confidential. Contact Clinton D. Kurtz or send
resume to: Citizens State Bank, Box 98,Norwood, M N
56368. (612)467-3000._______________________________ (PA)

AG LENDER needed for $17M M central Iowa bank. M ust
have strong ag background, 3-5 yrs. experience. W ill be #2
person in bank. Contact File No. W M X, c/o Northwestern
Banker.
(PA)

POSITIONS AVAILABLE

BANKING
CAREER®
quality service by experienced professionals

AG TRAINEE
Recently com pleted extensive 4 mo. internship In
$60MM bank. The head of the ag dept, states, "By far
the best of the numerous students in the program.
Has common sense to retain and apply w hat he’s
learned. His attitude and personality m ake him en­
joyable to have around.” B.A., business econ. (3.0

$16-18,000.

SANDl GARNER

525 Merle Hay Tower
Des Moines, Iowa 50310
515-276-1151

.«¿DM

SR. LENDER • Degree and nearly 8

BRANCH MGR

AG VP/SR LENDER
Versatile performer. Has supervised up to six lenders in
two different banks. Comm unity oriented individual has all
the skills to make a good president someday. Licensed in
Insurance and real estate plus FHA approval. Looking to
future for opportunity, is currently dead-ended and has
great potential.
$35K.

years in banking with strong commer­
cial and ag skills. Presently #2 in
bank over $100 million - a cash flow
lender who knows the tools. Very
community conscious.
$ to 50K (incentive oriented).
AG LOAN OFFICER - B.S. Ag Eco­
nomics with distinction and over 5 +
years ag loans (sat on loan commit­
tee for all loans) and attended com­
mercial lending school. Big system
trained. Super references.
$25-30K.
Members of a nationwide recruiting
network for top selection.
Contact our
Sue Lundquist
Bank specialists
Mel Hansen CPC

FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS

ROBERT WULF
o f

s o w n .m e .

317 6th Ave, Ste. 650
Des Moines. IA 50309

(515) 244-4414
ALL FEES COMPANY PAID

JU gg
..
ELLS

F inancial I nstitution S ervices Corporation

Specialists in Turn-Key
Tax-Advantage Marketing
Programs For Financial Institutions
Providing:
Customer Retention
Increased Fee Income
Full Service Banking

815 Office Park Road, Suite 8
West Des Moines, Iowa 50265
(515)224-5880

AA
^

PRESIDENT— Is it tim e to m ake that final career move?

“THE RIGHT FIT”

Need to m ake your rural branch som ething besides a
depository location? Current branch m anager who enjoys
small towns and large challenges is seeking new oppor­
tunity. Aggressive Individual grew up In rural environment,
knows rural customers well and is readily accepted by bor­
rowers. Currently not challenged.
$30K.

F in a n c ia l C a re e rs , In c.

career? Mid-sized So. M N bank seeks a credit analyst with
2 + yrs. loan review exp. This diversified position w ill coordinate com ’l/ag loan docum entation and internal credit
controls. Attractive benefit package!
To $27 K.
Job #N W 2982

Banking Placement Specialist
CANDIDATES OF THE WEEK:

Proven track record. This 3 year professional grew up on a
farm but has spent banking career in $80M bank starting
in credit analysis and working into com m ercial loans.
Strong cold calling skills, burns the m idnight oil!
$27K.

TRUST OFFICER— Excellent opportunity for JD or CPA to J Ê t ^
join a progressive Iowa bank. Background should in c lu d e ^ ^ ^ k
probate experience....................................................To $35,000.

POSITIONS AVAILABLE

Box 949 - Mason City, la. 50401
515/423-5242

COMMERCIAL LENDER

starter with 5-6 years banking experience. Good opportuni­
ty for someone w anting a growth position..........To $32,000.

CREDIT ANALYST— Are you looking to broaden your

COL. GORDON E. TAYLOR

CANDIDATES AVAILABLE

AG LENDER— Imm ediate opening for aggressive self

Employer pays fee.

CASHIER

Professional Auctioneer
Real Estate Broker
and Appraiser

™

Please contact Lorraine Lear or M alcolm Freeland con­
cerning these and other Midwest banking opportunities.

Nearly 10 yrs. with sam e bank. W ell-rounded exp. in all
phases of operations and lending. B.A., graduate Iowa
School of Banking, and la. insurance licenses.$30,000.

JEAN EDEN

a

auditing. Must have excellent people skills. . . .To $22,000.

Two Ruan Center/Suite 1000, Des Moines, IA 50309
515/245-3786

BANKERS AVAILABLE

GPA).

BANK AUDITOR— Prefer CPA with experience in bank

Ells Personnel Systems
1129 Plymouth Building
Minneapolis, MN 55402
612-333-1131

CELEBRATING OUR 75th ANNIVERSARY
BY SERVING OUR BANKING CLIENTS WELL!

High perform ance T.C. m etro bank seeks dynam ic leader
for its presidential spot. Desire 1 0 + yrs. banking exp. with
an em phasis in com ’l lending. Strong com m unications
skills essential.
$65K plus bonus!
Job #N W 2983

^
w

PRESIDENT— Are you searching for personal f u lf i ll m e n t ^ ^ ^
Small So. M N bank seeks am bitious achiever to be i t ^ ^ B
president. Desire 6 + yrs. ag/com ’l lending exp. w i t R ^
strong adm inistrative skills. An excellent opty. for the per­
son who is concerned with career pathing.
To $38K.
Job #NW 2984. %
FOR MORE INFO RM ATIO N
CO NTACT PAUL GENTZKOW
OR SUE KEITH AH N

ROBERT HALF

O F M M N E S O T A .M C .
3636 IDS Center
Minneapolis, M N 55402

®

(612) 339-9001

ALL FEES COMPANY PAID
POSITIONS AVAILABLE

•

TRUST MARKETING - large urban bank. Requires degree
and trust experience.

$35K

REAL ESTATE LOAN • single fam ily residential and secon­
dary market experience required. Proximity of major metro
area.
$40K

LOAN REVIEW • large bank experienced required. Both
junior and senior level positions available.
$28-$40K

£

COMMERCIAL LENDING - V.P. positions in urban and
large suburban banks. Personal portfolios from $20MM to
$50MM.
$40K
BRANCH MANAGER - handle small business and con­
sumer credits. Med-size community affiliate of m ultibank
holding company.
$24K

^

Additional listings for com m ercial lending and
trust officers. Resum e’ requested.

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

“Serving the Banking Industry Since 1970”

Vol 16 No 48 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

St., #201, Des Moines, Iowa 50309.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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