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Vol. 14 No. 48 Des Moines, Iowa Congress Looks a t A g Bank Relief ^ % • • • ® ^ ^ OME relief for hard-pressed w ag banks, as well as those in en ergy crisis states, appeared to be shaping up in Congress last week. Senate M ajority Leader Robert Dole (R., Kan.) told the Senate Banking Committee he would move on a pro posed ag bank relief bill as quickly as the committee could assemble a suitable bill. As reviewed here earlier, the ABA-IBAA Ag Task Force testified before Sen. Jake Gam (R., Utah), Senate Banking Committee chair man, advocating the stabilization of bank capital, farm borrowers and farm real estate values. Sen. Gam also invited the Fed, FDIC and Comptroller to offer their proposals that would help alleviate the ag bank stress. They appeared before the Senate Banking Committee last week with a unified proposal that would permit banks to operate below presently required minimum capital levels if they can restore capital within five years. Also, they would exercise for bearance on ag loans run through appropriate debt restructuring if there is reasonable anticipation the borrower will repay the loan. Regu latory reporting and disclosure would be modified to accommodate to such actions. The ABA and IBAA Task Force had sought capital relief for hardpressed ag banks and ABA Presi- dent Donald P. Senterfitt and IBAA President B. F . “Chip" Backlund both responded favorably to the re gulators initial proposals. Senate Banking Committee mem bers included a discussion of energyrelated problems into the ag bank ing issue and regulators affirmed that their proposals could be spread equally to such situations to alleviate the uneven pressures in hard-hit segments of the economy. They were not willing to set a floor on what capital would be acceptable; only that they would be willing to exercise forbearance on the capital issue, and allow amortization for up to seven years, with new problem loans rolled into that total in the first two years. Although new regulations to acco modate such an approach would take legally required time of about 45 days, the regulators indicated such procedure could unofficially be put into effect to meet emergency situations. W ashington reports indicated Senate Banking Committee mem bers listened with interest to the va rious proposals and indicated their willingness to get a helpful bill onto the floor within a short time. □ March 17,1986 Charlotte, N.C. and 1979-80 presi dent of the American Bankers Asso ciation, has been nominated formal ly as the director-at-large of the FDIC. He is subject to Senate con firmation. Mr. Hope’s nomination has been awaited since last October.' He would serve with FDIC Chair man William Seidman and Comp troller of the Currency Robert Clarke as the third member of the FDIC board. Discount Rate Cut to 7% On March 7 the Federal Reserve Board cut the discount rate one-half point to 7 percent, the lowest lend ing rate in eight years. Major banks across the country quickly followed with half-point reductions in their prime rates, to 9 percent. Mean while, fixed-rate mortgages are be ing offered for as low as 9.75 percent in some areas, with the nationwide average at 10.5 percent, the lowest level in about eight years. Iowa News All of the Iowa Chapters of the N ational A ssociation of Bank Women will meet in Des Moines at the State Capitol on March 25 to re view the legislative process and dis cuss important issues with the C.C. Hope Nominated state’s legislators. Governor Terry As Third FDIC Director Branstad will declare the day as Na C.C. Hope, J r., retired vice chair tional Association of Bank Women man of First Union National Bank, Day. A reception will be held in the C a ll o n th e “ E x p e rie n c e d P ro fe s s io n a ls ” Ready to meet your correspondent needs. ^ F irsT ier Banks First National Lincoln 13th & M S tre e ts , L in c o ln , N e b ra s k a 68501 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Member FD IC 2 Serving bankers quietly and efficiently. Norwest Bank Des Moines, N.A. Call (515) 245-3131 or toll-free (800) 362-2514 NORWEST BANKS Member FDIC CAPITAL PERSONNEL SERVICE 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 Teamwork: one of the reasons we're first in Iowa. Tom Quinlin John Rigler evening at the Hotel Savery for the Iowa legislators, NABW members and their guests and prominent Des Moines financial leaders. dent from vice president/office ad ministration and marketing. Mr. Mann, associated with the bank since 1972, will assume additional administrative duties. Jam es Friesz, COLUMBUS JUNCTION: Aubrey Mark Kempkes and Meriam Rosen Daedlow has joined the staff of the Columbus Junction State B ank as a thal have been named vice presi vice president in charge of all loan dents of the bank. Mr. Friesz man operations. Mr. Daedlow began his ages the S.W. 9th and Kinley office and heads the consumer loan depart career in 1945 at the Mediapolis Savings Bank, where he became ment. Mr. Kempkes, a commercial president in 1959. He moved to Gol loan officer, heads the special loan accounts department. Mr. Rosen den State Bank in Golden, Colo., thal, a former assistant vice presi where he served as vice president. In dent, is the banks customer invest 1983, he joined the Iowa Depart ment officer. ment of Banking. DES MOINES: A t Brenton Na tional Bank, Robert G. Mann has been promoted to senior vice presi- LINCOLN: Dwain C. Carlson and Harold J . “Jack ” Dawson have been elected senior vice presidents of First National Lincoln. Mr. Carlson began his First National career in Nebraska News The National Association of Bank 1964 and serves as senior vice presi Women, Mid Plains Group, will hold dent and manager of the bank’s mu its March meeting at Mr. C’s Steak- nicipal and government bond divi house, 5319 North 30th Street in sion. Mr. Dawson joined the bank in Omaha on March 25 at 5:30 p.m. 1974 and will now serve as senior Guest speaker will be Mrs. Jean vice president and manager of the Beyer, director of student services trust division. Both men were pre at the Methodist School of Nursing, viously vice presidents and man who will speak on “Multiple Role agers of their respective divisions. Management." For reservations call Karen Hosier at 291-1400. * ASK S TA N FARM ER to make MNB work for you. Toll free 1- 800- 332-5991 M e rc h a n ts ^ N a tio n a l B a n k 1 5 1 Member F.D.I.C. A BANKS OF IOWA BANK https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis later in the evening will present topics centered around good custo mer relations. Janet Ayres, a man agement consultant, and John Mil ler, executive vice president, Net works in Lincoln, are the scheduled guest speakers. Advance registra tion fee is $45 per session. The fee for attending both sessions is $80. Fee includes all conference materi als, coffee breaks and dinner. Dead line for registration is March 31. Dates and locations are as follows: April 8, Scottsbluff Inn; April 9, North Platte Holiday Inn; April 10, Lincoln Comhusker; April 16, Nor folk Villa Inn, and April 17, Kearney Ramada. * Montana News * The Nebraska Bankers Associa tion will sponsor its 1986 Head Teller/Teller Staff conference through out the month of April. The head teller session is scheduled for the afternoon and will address topics af fecting the relationship between the employer/employee and the custo mer. The teller staff session, held W EST BILLIN G S: Connie Mar shall has been promoted to vice pres ident at First Interstate Bank. She joined the bank in 1982 as an assis tant vice president. Previously she had worked for First Interstate Bank of Billings for 12 years in the installment lending, personal bank ing and marketing departments. We’re Security for You At Security National Bank, w e’re people you can count on to handle all of your Correspondent Banking needs. So, start corresponding with us. W e’re Security for you! SECURITY NATIONAL BANK IN SIOUX CITY, IOWA. MEMBER F.D.I.C. Ron Kiel Correspondent Banking O fficer 712-277-6736 AG BANKERS AVAILABLE BJ-1 OPERATIONS— "A PROBLEM SOLVER and MONEY SAVER," quote references. An administrative ‘fixer’; takes prob lem areas and cleans them up to acceptable rating. Over 15 yrs. experience in $ 1 0 0 m m + banks. As operational correspondent for major holding com pany he served as consultant to affiliate banks on legal, operational and procedural matters. Has super vised a staff of 70-90. Strong training skills. Direct experience in consumer lending and management of investment portfolio. Re ferences state, "O ne of the sharpest operations people around... 1st class! ...Efficiency-conscious, an excellent numbers man with a sales personality...makes improvements quickly...able to develop and organize staff, and inspires loyalty.” Grad. School of Bank Admin. $35,000. Call Jean. BJ-2 A8 LOAN OFFICER— An impressive young man with useful ex perience gained from his past three yrs. with FmHA. References say, "T op work habits...a real producer with lots of drive. Intense; really gets into high gear on farm loans. Above average intelli gence, personality, and appearance. Good farm background, energetic and results oriented.” Strong micro com puter experi ence. Masters degree Ag Econ. $22,000 min. Call Jean. he’ll attract new customers and he can spot a poor risk loan quickly.” Previous experience as com m odity broker and consul tant. Good com puter skills. B.S. A g Economics, high grade point average. $25-$27,000. Call Jean. BS-6 LOAN OFFICER— Familiar with all aspects of financial analysis in the ag area. Farm background and FHA experience. Outgoing personality...good customer rapport, and is able to key in on po tential problems before they happen. ASSERTIVE, can say ‘no’ if need arises. I.S.U. B.S. $22,Q00-$25,000. Call Sandi. BJ-7 A8 REP— Currently ag loan rep and credit analyst in large ag bank, responsible for financial statement spreading and analysis, loan documentation, cash flows, and micro-computer operation. Reference says, "H as all the basics of ag lending...really a hard worker.” Wants to advance his career in a smaller bank with more responsibility and growth opportunity. B.S. Ag Bus. Ag Lending School. $15-$20,000. Call Jean. BS-3 C0NSUMER/C0MMERCIAL/A0 LOANS— Four years lending ex perience handling commercial, consumer, real estate, auto loans and some ag. Insurance licenses. Good collector of delinquent loans. Farm background. B.S. Business. $23,000-25,000. Call Sandi. BJ-8 A8 LOAN OFFICER— Currently in charge of decreasing ag loan portfolio in small rural bank; also handles few installments. Has 2 yrs. previous experience with FmHA, which has added to his suc cess in processing guaranteed loans. References say, “ Very smart cookie! A real stickler on cash flows and detailed financial statements...good personality; customers accepted him very quickly in this ‘close knit’ community. Very conscientious; always the first to arrive and the last to leave the office.” B.S. Ag. $23-$25,000. Call Jean. BS-4 SENIOR LOAN OFFICER AND CASHIER-Offers all facets of lend ing experience in $11 MM bank. Three years experience in loan applications, farm visits, inspections, cash flows, balance sheets, financial statements, etc. "Positive and very personable...a lot of savvy,” says one reference. Farm background. On board of di rectors and has bank lending authority. B.S. $20,000 + . Call Sandi. BS-9 LOAN OFFICER— Totally familiar with all aspects of ag lending and FHA guarantees. Farm background with three years experi ence in Farm Credit System; ‘aggressive,’ ‘ability to com m uni cate,’ and ‘ambitious’ are all apt descriptions of this candidate. Numerous honors of recognition have been bestowed upon this person, due to 4.0 GPA and involvement in outside ag activities. N.D.S.U. B.S. Ag Economics. $23-25,000. Call Sandi. BJ-5 A8 LENDER— PCA loan officer for past 2 yrs. Responsible for $4-$5mm in loans. Strengths are in loan analysis, documentation and workouts, and rates #1 in customer relations and new busi ness calls. Reference reports, "W ish I could have brought him with me when I left PCA to com e to this bank! He’d be a good asset to any bank staff; a qualified ag lender with good potential to learn commercial lending. Follows orders to the letter, high energy level, very good appearance, and PERSONALITY PLUS: BS-17 ASSISTANT VICE PRESIDENT AND TRUST OFFICER— Eight years experienced banker. Presently at $60 MM bank...making and collecting ag loans, R.E., commercial, and installment loans. "S uper performer and producer, met and exceeded com pany standards,” says one reference. In charge of entire branch oper ations at former employment. “ A dedicated, aggressive em ployee on loan evaluations and collections.” University of Wis consin $30,000. Call Sandi. Our reputation of maintaining our candidates’ confidentiality enables us to attract a select group of ag bankers and lenders... those currently employed and not actively job hunting but ready to make a move for the right opportunity. , JEAN EDEN 712/779-3744 (M/T/TH) 515/263-9598 (W/F) Hwy. 92 W. Massena, IA 50853 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Let us know your needs without commitment; we won’t 1hound’ you with phone calls or ’flood’ you with resumes, and there is no fee unless you hire. Supplement to Northwestern Banker Newsletter 3-17*86 SANDI GARNER 515/394-5827 Hwy. 63 S. New Hampton, IA 50659 AG BANKERS AVAILABLE BS-11 MANAGER— Responsible for $3 MM in loans and super vised 4 in operations at present position. Offers 2 years experi ence working with tough credit situations, analysis loan approval, and collections. According to reference, “ A tremendous asset to any lending institution.” Self-confidence and the desire to suc ceed are definitely apparent in this individual. B.S. Com puter ex perience. $22,500 + . Call Sandi. BS-14 VICE PRESIDENT— S37MM bank. Five years of overall bank ing experience. Responsible for $7 MM ag loan departm ent and all bank participations. Prepares board of director’s report and works with classified loans. Communication skills and the ability to pencil out details for borrowers, as to where they are, are a large part of this bankers expertise. Farm background. Lots of drive...comm unity minded. $30,000+ Call Sandi. BJ-20 AG LOAN 0FFICER/0FFICE MANAGER-Began banking career 10 yrs. ago and worked his way up from bookkeeping and teller functions into operations and lending. Majority of loan duties are in ag, but also handles consumer, student and real estate loans. Supervises one employee. Good with computer...farm records and cash flows. Reference states, "very well versed in lending and operations...shows good credit judgm ent and ability to make decisions...farm raised, personable, goo d a p p e a ra n c e .” $25,000. Call Jean. BJ-15 VP BANKING— Currently AVP for major holding company, in charge of $6mm ag loans. Five years previous experience with FCS as a short term lender. Former supervisor recom mends him highly; "A very successful ag lender, and his organizational skills are a big key to that success. He’s a hard driver w ho can churn thru paperwork to close the deal, and doesn’t overlook details. Very personable; has maturity and poise beyond his years. A good com m unicator.” B.S. Ag, ISU. $30,000. Call Jean. BJ-13 VP/AG DEPT. HEAD— Has been responsible for major por tion of large volume ag credit lines for major bank chain for past 5 years. As manager of the ag dept., he decreased substantial volume of problem loans while maintaining high standard of credit quality on existing portfolio. Directed the completion of credit analysis, field inspections and documentation. Supervises 2 loan officers. Active in comm unity and banking organizations. Excellent references. B.S. Ag Econ. Open on relocation. $30,000. Call Jean. BS-16 VICE PRESIDENT— Expertise in all facets of lending, pre dominantly agriculture, but also R.E., Commercial and Consu mer. Credit analysis, documentation, collections and related func tions are all part of this bankers daily duties. Insurance licenses and com puter training. “ Possesses an excellent attitude, very outgoing, smart and works well with custom ers,” according to one reference. Offers 5 years experience. Presently at $10 MM bank. A.V.T.I. 3.91 GPA $25,000. Call Sandi. POSITIONS AVAILABLE Continuous demand for banking professionals. Our CONFIDENTIAL service allows you to explore career opportunities in banking without risk to your current position. No contacts are made without your prior knowledge and consent. All fees paid by employers. 1. LOAN REVIEW/OPERATIONS AUDITOR—Metro Neb. Requires 2 yrs. ag lending or ag analyst ex perience (from bank or other), 4-yr. degree with 12 hrs. accounting, and good public relations skills. Excellent advancement opportunity. To $25,000. 2. COMMERCIAL LOAN OFFICER-County seat town - Iowa. Responsible for $7mm in loans; handle lines of credit to $700,000. To $25,000 salary. 3. A0 WORKOUT SPECIALISTS—$70mm IA bank, county seat town, near metro area. $35* $40,0 0 0 +. 4. Position leading to C .E .0 . in $10mm N. IL bank. Flexible on experience requirements due to support and training by current officer. Need 2 yrs. ag lending skills; knowledge of other types of loans and operations is helpful. Excellent op portunity to gain experience in bank manage ment. To $20,000. 5. A0 LOAN OFFICER—Small central IL bank needs person with 3-5 years ag lending experi ence to serve as second or third officer in bank. Some work on problem loans involved, but not looking for a collector; just want to convert prob lem lines to guaranteed loan program. Can live in large town nearby. $22-$25,000. 6. AG LOAN OFFICER—Excellent N. IA location, near university. $50mm bank; well-financed, progressive management. Three to five years ag lending experience needed, and ability to begin servicing loans immediately. A good communic ator, with strong analytical and documentation skills. Good advancement opportunity, and chance to learn from professionals. To $30,000. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7. ASST. V .P .—Rural midwest bank offers #3 po sition, to lead to #2 in near future. Majority of re sponsibilities in ag lending and cashiering. Pre fers two or more years ag lending and opera tions experience, knowledge of computers, installment and real estate loans helpful. Top benefits, including profit sharing. To $25,000. 8. EXEC. V.P.—Second in charge of $50mm bank - S. MN. Top rated bank with excellent earnings. Supervise loans, assist in bank administration. Requires a minimum of 10 years experience as senior officer in bank of comparable size. To $50,000. 9. A0 LOAN OFFICER—Beautiful northeast Iowa! Hunting and fishing nearby. Ag lending experi ence; familiar with dairy. $28*$35,000. 10. A0/C0MMERCIAL LENDER-South Minnesota $50 MM. Related experience. $25*$28,000. 11. SENIOR LOAN OFFICER-Growing Southern Iowa $60mm bank. Ag/commercial experience with supervisory skills. $28*$30,000 + . 12. PRESIDENT—$20 MM bank seeks person strong in operations, supervisory skills; capable of being a back-up lender. $38*$42,000. 13. A0 LENDER—Northeast Iowa bank, conserva tive and solid, with fewer problem loans than most. Handle ag, installment, mortgage loans. Documentation. 2-5 years exp. $20*$28,000. 14. VP/A0 LOAN OFFICER—$25mm bank, with good rating. Will handle $2-$4MM ag loans, do cash flows, balance sheets, workouts, etc. Re quires 3-5 yrs. ag lending experience; knowl edge of commercial lending helpful. County seat town, progressive area. $25-$30,000 + benefits (including bonus based on earnings.) 15. A0 LOAN OFFICER—$50mm N. IA bank. Re quires 3-5 yrs. ag lending experience. To $30,000. 16. PRES/CE0—Overall bank management in $75mm bank, supervise 3 dept, heads. Re quires a skilled, progressive banker, currently running bank of comparable size. To $80,000. 17. CREDIT SUPERVISORS—Two needed; based in major cities in CO and Wl. Extension and col lection of credits for ag credit company. Two years ag lending experience needed. Some overnight travel involved (expenses paid). $23,000 + full benefits. 18. PRESIDENT—$40mm W. IA bank. To $50,000 + full benefits. 19. VP—$20MM bank. Handle ag loans and some commercial, perfect documentation sys tem (cash flows, analysis). Minimum of 3 yrs. ex perience required. Good advancement poten tial. MN location. $25,000 + . 20. C .E .O .—$20mm rural bank, N. IA location. Take charge of loans, investments, and super vise clean-up efforts. Ten yrs. similar experience. Must be willing to live in small town. $40-$50,000 + Incentives. RISMILLER, KEMPER AND SPRENGER David Rismiller Jonathan Kemper Bill Sprenger Chairman President Vice President O utsid e M issouri call 1-800-821-2180 áSSk Com m erce Bank In M issouri call 1-800-892-7100 Minnesota News ROCHESTER: Henry F . Dion has been elected as vice president of commercial loans at First B ank Ro chester. Mr. Dion has most recently served as senior vice president at Norwest Bank Cedar Falls in Cedar Falls, la. Illinois News CHICAGO: Thomas D. Lee has been named executive vice president of BankersTech, a subsidiary of First Colonial Bankshares. CHICAGO: Jam es C. Lytle has been appointed vice president and man ager of business development for Lake View Trust and Savings Bank. Prior to joining the bank, he was vice president of the State National Bank in Evanston. W H EELIN G: Main Bank, a mem ber of the Cole-Taylor Financial Group, has announced that Jeffrey W. Taylor has been named executive vice president. Before, he was senior vice president of the bank. South Dakota News The South Dakota Bankers Asso ciation is sponsoring its Teller/Staff seminar in two locations, at the 'Z 7S of Kansas City Member FDIC * Rapid City Ramada Inn on April 5 and the Sioux Falls Ramada Inn on April 12. A combination of pro grams dealing with communica tions, loss prevention and hanking procedures make up this year’s agenda. Cost is $55 for each regis tration. Register through the SDB A office in Pierre. * * AG LENDER • $55MM IA bank. Need career ori ented individual w ith min. 2 yrs. exp. To $30K. R egency R E C R U IT E R S , IN C . * The 1986 Ag Credit Conference, sponsored by the South Dakota Bankers Association, will be held April 9-10 in Pierre at the Kings Inn. Keynote speaker will be Malcolm Forbes, Jr., president & editor in chief of Forbes magazine. Other speakers include: Dr. Ron Hanson, associate professor of Farm Man agement at the University of Neb raska; Dr. David Kohl, associate professor of Ag Economics at the Virginia Polytechnic Institute in Blacksburg, Va.; Dr. Jerry V. Teplitz, author and president of his own consulting firm, and Alan R. Tubbs, ag banker. The conference pre-regis tration fee is $123 per person and in cludes the luncheon, reception, ban quet, breakfast and the conference program. On-site registration fee will be $133 per person. Register through the SDBA office. Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 The financial problem solvers. NOTICE OF SALE $4,250,000 G.O. BONDS C ity o f Newton, Iowa Selling: Tuesday, March 25,1986 @11:00 A.M., CST (Award @ 12:00, Noon, CST) City Hall, New ton, Iowa. Dated: May 1,1986 Maturity: June 1,1987-2001 Callable: Bonds maturing in years 1993-1996 are callable on June 1,1992 and any interest payment date thereafter. Legal Opinion: Ahiers, Cooney, Dorweller, Haynie, Smith & Allbee, Des Moines, Iowa. For further inform ation please contact: PUBLIC i i i uVm A, FINANCIAL - SYSTEM S https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis POSITIONS AVAILABLE COMMERCIAL LENDER - S170MM IL bank. Man agement potential. To $45K. 512 NICOLLET MALL, SUITE 550 MINNEAPOLIS, MINNESOTA 55402 TELEPHONE: (612) 333-9177 ~ W h e n you have problems streamlining operations, building profitability in your bank, mepting your needs for bankcard services and loan participations or recom mending quality investment portfolios, United Missouri Bank can help you. UNITED MISSOURI BANK MemberFDic Qf Kansas City, n.a. 10th and Grand • P.O. Box 226 Kansas City, Missouri 64141 (816) 556-7200 4 POSITION AVAILABLE ............**19 86 CALENDARS * * * * * * * * Buy Direct From The Factory and Save!! PRES/CEO Send us your sample and quantity - We w ill Quote — You Be The Judge! — For all o f your Advertising Specialties: STANDARD ADVERTISING SERVICE, INC. Box 432 • Council Bluffs, Iowa • 51501 (serving the banking Industry since 1947) Overall general management In a $95M bank. Supervise three department heads. Requires a skilled progressive banker currently managing bank o f comparable size. Please send resume to File No WEG c/o Northwestern Banker. $55MM Northeast Iowa Bank needs an experienced EX ECUTIVE VICE-PRESIDENT. Send resume to WEA c/o Northwestern Banker. (PA) WANT TO BCIY SENIOR MANAGEMENT position in small, but growing, Colorado bank. Must be experienced in commercial lend ing. Send resume to file WEL, c/o Northwestern Banker. _______________________________________________(PA) $65M bank needs AG OFFICER with solid lending back ground. Diversified loan experience a plus. Rate oppor tu n ity for qualified individual. Excellent salary and bene fits. Strong bank in nice Montana location. Send resume to File No. WEM c/o Northwestern Banker. (PA) TEXAS INVESTORS interested in acquiring a midwest fi nancial institution w ith real estate and insurance agency. Asset size from $5M to $150M. Send replies to File No. WEQ c/o Northwestern Banker. (WTB) $70M Montana bank seeks a CONSUMER LOAN OFFICER. Three plus years experience. Salary commensurate with experience. Good benefit package. Excellent opportunity for right person. Progressive community, well located for recreation. Send resume to File No. WEN c/o Northwestern Banker._____________________________________ (PA) VP RETAIL BANKING DEPT. $200M N.E. Iowa bank has opening for someone to head up its retail banking dept. This successful applicant w ill have a background in con sumer lending & adm inistration. Salary open. Send re sume to File No. WEO, c/o Northwestern Banker. (PA) COMMERCIAL LOAN OFFICER at First American Bank of Breckenridge, Breckenridge, MN. Requires a minimum o f 3 years commercial loan experience. Some real estate len ding exposure helpful. Send resume in confidence to Don R. Haff, Pres. & CEO, First American Bank o f Breckenrldge, P.O. Box 218, Breckenridge, MN 56520. (PA) Marketing Representative Computer vendor offering exceptional opportuni ties to high achievers w ith experience in selling solutions to the financial services industry. We have immediate opportunities available in Des Moines. In addition, we’re looking for successful people currently working in the financial services indus try. W ith Burroughs product training, you’ll maxi mize your specialized knowledge in a direct sales role to your field o f expertise. If you have at least 4 years success selling infor mation systems, or 5 years experience as a finan cial industry specialist, talk to us now. We can offer you the excitem ent of a company on the move, excellent compensation, and compre hensive paid benefits. Please send your resume and salary requirements in assured confidence to: File No. WEP c/o Northwestern Banker. (PA) JUNIOR LOAN OFFICER for $64M S.E. Iowa bank. 2-5 years commercial agriculture lending experience. Send resume and salary requirements to File No. WER c/o Northwestern Banker. (PA) Position leading to CEO at $10M bank in N.W. Illinois. W ill consider Individual w ith loan experience and some opera tions. W ill train for other CEO qualifications. Send resume and salary requirements to P.O. Box D, Clinton, IA 52732. _______________________________________________ (PA) FINANCIAL OFFICER Immediate opening for Individual to assume fiscal management position fo r Iowa Student Loan Li quidity Corporation, Des Moines. Candidate needs extensive accounting and financial man agement experience. Responsible for financial reporting and controls, preparation o f manage ment, budget, and federal/state reports. Degree in accounting/business adm inistration necessary; student loan experience helpful. Reports directly to Executive Director. Send resume, including salary history to ISLLC, Attn: Executive Director, P.O. Box 7388, Des Moines, IA 50309. AG LOAN OFFICER 8 + yrs in banking the last 5 spent in the ag area. Currently In charge o f a small branch including a $3m + portfolio. Has good customer and analysis skills plus raised in a farm environment. $24K. CONSUMER LENDER Past several yrs spent In charge o f retail portfolio o f a small bank in a county seat town. Training in floorplan ning, credit analysis and mgt. Looking fo r oppty to grow and add responsibilities in the consumer area. $28K. SR VP Energetic, aggressive ag sr w ith 7 + yrs ag mgt and work out. Right now running a $14m + bank in rural community seeks greater challenge and direction in $50m + institu tion. $38K. FOR FURTHER INFORMATION FOR THESE & OTHER AVAILABLE CANDIDATES CONTACT KURT ROSENCRANTS AT (51S) 2444414 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 WORLD’S LARGEST BANKING, EDP, & FINANCIAL SPECIALISTS ALL FEES COMPANY PAID EXECUTIVE VICE PRESIDENT fo r central Iowa bank should be qualified in operations and le n d in g .................... ................................................................... Salary to 40,000 + . EXECUTIVE VICE PRESIDENT for $60M Iowa bank, should be qualified to become C E O ....................... Salary $50,000 VICE PRESIDENT & AG LENDING OFFICER, possible «2 position, good loan record p re fe rre d ___ Salary to $40,000 EXECUTIVE VICE PRESIDENT for com m unity bank in northwest Io w a ...............................................Salary $35,000 AG LOAN OFFICER possible #2 man for holding company bank in central Io w a ...........................................Salary open COMMERCIAL REAL ESTATE OFFICER fo r major holding company bank, m ust know secondary market procedures ..................................................................... Salary to $50,000 VICE PRESIDENT/RETAIL BANKER fo r a holding company bank in central Io w a ...........................................Salary open COMMERCIAL LENDING OFFICER fo r tw o key Iowa banks, excellent opportunity for right person .Salary open PRESIDENT A CEO for $50 m illion asset midwest bank. Good earner w ith clean loan portfolio ............ Salary open AG LOAN OFFICER for eastern Iowa bank. Requires 2-5 years lending expe rie nce ...............................Salary $25,000 EDP AUDITOR business or com puter science degree for central Iowa lo c a tio n .................................Salary to $28,000 Please call Malcolm Freeland or Cy Kirk in care of: Freeland Financial Service 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6462 Employer pays fee. FOR SALE NEAR NEW BRANDT CURRENCY COUNTER. Call 515756-3361. (FS) BANKING OPPORTUNITIES CORPORATE TRUST MGR—oversee $100 + mm dept $40K + incentive pay. SrVP/CHIEF INVESTMENT O F F IC E R -dire ct in vestment strategy m ultibillion Personal Trust Group $100K. ExVP— Mountain area holding co., $70mm bank $55K. Contact Barbara J. Ritta at PROFESSIONAL RECRUITERS, INC. P.O. Box 24227 Omaha, NE 88124 1-800-225-2885, In NE (402) 397-2885 "Successful Banking is Quality Personnel" BANKERS AVAILABLE POSITIONS AVAILABLE TRUST OFFICER for northern Iowa, law degree Is a plus .. ..................................................................... Salary to $35,000 POSITIONS AVAILABLE SENIOR VICE PRESIDENT over lending, $85mm clean bank located w ithin 1.5 hour drive from city .......................................................................... OPEN C O M M E R C IA L SEN IO R V IC E PRESIDENT $100mm bank, employee stock options, excep tional benefits, appealing lo c a tio n ___ to $50,000. INSTALLMENT HEAD for a $8mm department, very clean reputable bank located w ithin 1 hour drive o f c ity ................................................. $30,000. CORRESPONDENT BANK OFFICER traveling one-half o f time, excellent bank, 1-2 years of bank ing experience ................................................OPEN EXECUTIVE VICE PRESIDENT leading to PRESI DENT, $60mm bank in an extremely progressive town of approximately 8 ,000 ................... $40,000’s. COMMERCIAL LENDER In an $80mm bank in a college town, business development and commu nity involvement ......................................... $40,000. VICE PRESIDENT, COMMERCIAL excellent bank $85mm, nice town, requires technical commercial lending s k i ll s ................................................$50,000. DON W. SCHOOLER 2508 East Meadow Springfield, M issouri 65804 (417) 882-2265 KORDEX MODEL 80 LEKTRIEVER for follow ing letter or legal size,.material; 119%” high w ith 1,586 filin g inches capacity. W ill need to be reassembled. Contact Mike at (308)995-6531. (FS) BURROUGHS B920 computer-complete processing sys tem fo r 80 megabyt fixed disk drive. C ontact Citizens Sav ings Bank, Afton, IA (515) 347-8423. (FS) MANAGER FOR DEALER FINANCE Requires minimum o f 5 years commercial lending experience. Experienced w ith flo or plans/indirect paper fo r auto dealership. Exceptional interper sonal and custom er relation skills, aggressive self-starter, marketing experience. Desire past department management experience, degree in buslness/flnance, accounting background. Good benefits, compensation, outstanding work en vironment. Send resume and salary history to: Human Resources Norwest Bank Billings P.O. Box 30058 Billings, MT, 59117 EOE. POSITIONS AVAILABLE COMM LOAN - $100M suburban bank seeks commercia lender w ith strong technical skills and 3-5 yrs. lending ex perience. $32 « AGRI-LOAN ■ manage Ag portfolio and assist w ith com mercial credits in $40MM com m unity bank. May advance to second man position. $35 « AG/COMML LOAN • $25M com m unity bank w ithin 50 miles of large urban area. Need 5 yrs. agri-loan and some com mercial lending experience. $30K COMML LOAN • addition to s ta ff of a ffilia te o f major mid western holding company. Experience w ith six figure cred its required. $28K OPERATIONS • handle asset/liability management and in vestments for medium size S&L. Degree required. $30K Additional opportunities available in midwestern states. Resume requested. TOM HAGAN & ASSOCIATES 2024 Sw ift • Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serv in g th e B a n k in g In d u stry S in ce 197 0 ” Voi. 14 No. 48 Northwestern Benker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden Street, Suite 201, Dee Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $18.00 per year. Second class postage paid at Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts, mall Items to above address. 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