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Vol. 15 No. 47

Des Moines, Iowa

March 9,1987

Proxmire Bill Loses AB A Support

reality, the “ freeze” will be largely
ineffective, except as it applies to
OLLOWING collapse of Sena­ yet taken any, but we probably will banking institutions, thus exacer­
tor Proxmire’s base support in pursue some similar action (to bating the current inequities in law
the Senate Banking Committee, of Iowa’s). We have serious reserva­ and regulation. Furthermore, it is
which he is chairman, and a water­ tions about any benefits of this bill highly unlikely that the Congress
ing down of key provisions that now for banks or bank customers. will be in a position to resolve these
, would have restricted the non-bank With the removal of key elements, issues within the eighteen month
banks and also would have autho­ as the bill now stands we just could time period. Therefore, the “ freeze”
rized expanded banking powers for not support it. We also know that will either be extended, probably for
banks, the American Bankers Asso­ things change and perhaps this will, a lengthy period, or it will expire,
ciation has changed course 180 de­ too; however, we can’t endorse the having accomplished nothing but
grees and now strongly opposes the bill as it came out of the Democratic putting banking institutions at an
bill as it presently stands.
caucus.”
even further competitive disadvan­
The Iowa Bankers Association
Speaking about the Illinois Bank­ tage.
immediately came out with a “ Spe­ ers Association attitude on the bill,
The “ freeze” will be ineffective for
cial Bulletin—Urgent MessageV’ to Martha Rolfing, director of public the following reasons:
members, relating the A B A action relations for that association made
“ A t least 166 firms will be perma­
and IB A ’s decision to support the the same comment that “ it is a con­ nently grandfathered into the bank­
A B A withdrawal. The N o r t h ­ stantly changing scene. Our com­ ing business.
w e st e r n B a n k e r made a telephone mittee (that deals with emergency
“ Any company which chooses to
survey of several upper midwest positions on legislation) voted to enter the banking business will still
state banker associations and found send a telegram to Sen. (Alan) Dixon be able to do so through the pur­
no others who have yet taken such (D., 111.) reafforming our support of chase of a thrift.
action. However, Harry Argue, ex­ the non-bank bank loophole elimina­
“ Other financial firms can con­
ecutive director of the North Dakota tion and the authorizing of new tinue to develop new financial pro­
Bankers Association, said that powers for banks.” Sen. Dixon is a ducts which will attract traditional
NDBA “ has taken no position as member of Sen. Proxmire’s Senate bank customers, while banking
yet, but with the watering down of Banking Committee and the IBA is institutions will be unable to adjust
the non-bank provision and elimina­ in frequent communication with to new technologies and changes in
tion of the powers for banks, I feel him.
the marketplace.
very strongly that our leadership
The Iowa Bankers bulletin said,
“ The ability of the Fed to approve
will find the bill totally unacceptable in part:
additional activities under the Bank
in this form .”
“ The stated goal of this (Demo­ Holding Company A ct or to inter­
In a similar vein, Truman Jeffers, cratic caucus) proposal is apparently pret the Glass-Steagall A ct will be
executive vice president of the Min­ to attempt to freeze in place for eigh­ frozen.
nesota Bankers Association, said teen months the current situation
“ The freeze will expire right
his association is acutely aware of and to ensure that the Congress will before the 1988 elections. It is un­
the Senate committee's change. So address the major financial services likely the Congress will want to con­
far as M BA action, “ We have not issues within that time period. In sider major banking legislation at

F

SL»j

Together We Can
AccompHsh Great Things
Call Dennis Earhart, M NB Correspondent Banker
319 398-4789 or Toll Free 1 800 332-5991
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Federal Reserve Bank of St. Louis

Strength of
Eastern
^
M
|owa
Merchants National Bank isi
Cedar Rapids. Iowa 52401

Member F 0 1C

A BANKS OF IOWA BANK

2

SSaSS

Norwest Bank Des Moines, N.A.

NORWEST banks

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

I M

i l

merits of the felony charges. Mr.
Mallen has returned to his duties at
Farmers State Bank. The trial on #
the felony charges begins March 16
in a Cedar Rapids federal court.

M ARSH ALLTOW N : Larry M.
Hutchinson has been named presi- ^
Ye am work:
T
T
dent and COO of Commercial State w
one of the reasons
jL w tH fl
Bank of Marshalltown. He replaces
P
George Taylor, who has been presi­
we're first in Iowa.
dent since 1978. Mr. Taylor will con­
tinue as chairman. Mr. Hutchinson f
John Rigler
Jay Nichols
has been president and CEO of
Hawkeye Bank & Trust of Sioux
Bank of Des Moines, N.A. has an­
that time.
City for the last six years.
“ Given the current leadership of nounced the promotion of two vice
key committees in the House, it is presidents, Robert A. Shelquist,
most unlikely that the House will be finance and James L. Ross, opera­
Nebraska News
•
in a position to agree to a major tions. Mr. Shelquist was previously FREMONT: FirsTier Bank Omaha
financial services package in this controller for First Interstate of has acquired ownership of First Na­
Iowa, Inc. Mr. Ross was operations tional Bank & Trust Company of
Congress.”
Each state association as well as officer with First Interstate Infor­ Fremont and First State Bank o f f
national associations are urging mation Systems.
Fremont, according to William C.
members to contact their individual DES MOINES: R. Richard Bittner Smith, FirsTier president. He said
Senators and Representatives about has been named chairman of Banks transfer of the voting stock of the
this standstill.
□ of Iowa, Inc. He also serves as chair­ two banks by their owners, Fremont
Bancshares, Inc., and Fremont f
man of First Bank, Davenport.
Iowa News
State Bancshares, Inc., was part of a
IOWA CITY: A t Iowa State Bank &
“ With Liberty and Justice for All: Trust Company, Richard D. Smith transaction relating to bank stock
Bankers Seek Equality,” is the has been promoted to senior vice loans the two holding companies
theme of this year’s Iowa Bankers p resid en t—com pu ter serv ices, had with FirsTier Bank Omaha. At
Association Washington, D.C. trip, Steven A. Nath to vice president 1986 year-end First National h a d #
to be held April 4-8. Rooms have and controller, and Kristin E. Sum- $69.3 million assets, while First
been reserved for participants at the merwill to second vice president in State had $31.4 assets. Mr. Sm ith.
said all present personnel would con­
Westin Hotel, with rates of $135 for bank marketing.
tinue. Federal law requires divesti­
standard room and $140 for deluxe.
Flight arrangements may be made KANAW HA: James E. Mallen, ture in two years of banks acquired #
with Brandeis Travel Service. For president of Farmers State Bank in this way.
more information, contact the IBA here has prevailed in a lawsuit he OMAHA: Paul B. Donoghue has
filed February 6 against the FDIC
office.
to reverse his removal from the bank joined FirsTier Mortgage Co. as vice
COUNCIL BLUFFS: The Iowa by an earlier FDIC action. Chief Dis­ president of secondary marketing. ^
Superintendent of Banking and the trict Judge Donald E. O’Brien said He previously was a vice presidentw
FDIC have approved the merger of Chapter 12, section 1818 of the U.S. in secondary marketing at Lincoln
the Avoca State Bank with the Code, which was used by the FDIC Services Corporation of Owensboro,
Council Bluffs Savings Bank, effec­ to remove Mr. Mallen as president Ky.
tive Feb. 28. The Avoca bank, with after he was indicted by a grand jury SYRACUSE: Alan C. Britton h a s #
assets of $24,067,000, will become on two counts of alleged felony, was joined First National Bank & Trust
an office of Council Bluffs Savings unconstitutional because it was
Bank, which has assets of $220, done without hearing or explanation
601,000. No staff changes are antici­ and deprived Mr. Mallen of due pro­
Estate Appraisals
pated.
cess of law. Judge O’Brien said the
Purchase of
DES MOINES: First Interstate ruling was on procedure, not on

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Federal Reserve Bank of St. Louis

A BANKS OF IOWA BANK
Member FDIC

JAMES F. MacLEAN
Vice President

H. PETER DeROSIER
Vice President

913 Locust
Des Moines, Iowa 50309
515-243-8064

•

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

•CEO. High performance executive who has handled 90m + bank w/1 + ROA for past 3 years. 14 years total lending primarily in
commercial. This degreed over achiever has well developed mgt skills and knows how to debegate.
DB200
$65K
AG LENDER. Rural lender w/exceptional people skills, operations knowledge and success w/FmHa loans. Trained by Ho. Co. in
•documentation and cash flows looking for bank in community of 10K or less.
DB201
$25K
OPS OFFICER. Over 20 years of banking! Community oriented banker has done it all. Currently #2 in a $50m bank accomplished in
ag, real estate, & consumer lending but truly excells in keeping operation costs at a minimum.
•DB202
$38K
CREDIT ANALYST/MBA. Numbers person who understands the bottom line. 2 + years in analysis and loan review concentrating in
comm’l and ag.
^DB203
$23K
AG V.P. Versatile ag specialist has supervised 4 lenders and overseen clean-up of $15m portfolio. Licensed in all insurance areas,
looking for county seat bank offering strong future.
DB204
$32K
• j R . COMM’L LENDER. In charge of $5m commercial portfolio consisting of $100K-300K loans plus $2m in real estate. Exact and
precise w/excellent customer skills.
DB205
$25K
PRESIDENT. Proven ability to build quality bank portfolio in comm’l, ag and real estate. Running 20m bank for past 5 years and has
•turned it into area leader. Operates clean efficient shop.
DB206
$50K
TRUST INV. OFFICER. Creative investments specialist who enjoys formal environment. Has worked heavily in port, mgt, pension
plans, bond trading and mgd employees stock purchase plan for large metro bank.
•D B 207
$28K
CONSUMER L.O. Turns ideas into action. Went after competition on two floor plans and won! 3 + years of consumer and compliance
work in building $2m worth of loans. Strong collector and mtgr skills also.
^D B208
$23K
SR. VP. Outstanding credentials! Broad range of financial experience coupled w/sound “common sense” business judgment gained
over past 15 years of banking. Currently #2 in healthy county seat bank w/over $30m in total loans.
DB209
$42K
^PROGRAMMER. B.S. degree. 5 yrs of increasing responsibility in IBM mainframe and DEC VAX hardware environment. A super
problem solver with COBOL and PL-1 skills. Banking applications a specialty.
DB210
Asks Mid 20’s
^ AG VP. Holding Co. training in all areas of ag lending and superb problem solving skills. This aggressive indiv has absorbed as much
as possible while cleaning up $10m portfolio cutting charge offs in half. Enjoys challenge and ready to move ahead.
DB211
$32K
COMM’L VP. Simply one of the best. Degreed very community active w/well honed credit analysis and loan review skills. Trained in
pleading ho. co and comm’l credit schools.
DB212
$41K

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Federal Reserve Bank of St. Louis

PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES

PROJECT MANAGER. 10 yrs banking experience in a large service bureau. Steady growth from programming to current level. Loan ®
systems and packaged software development are areas of expertise for this seasoned professional.
DB213
Asks 40K
AG LENDER. Cash flow lender with 5 years in well run ag bank. Insurance licenses, first hand knowledge of ag economy and positive ^
attitude make a top notch prospect.
DB214
25K
CONSUMER. Manager of a $28m consumer portfolio in 200m + bank for last 3 years looking to expand retail lending skills to another
area. Excellent references and ready to make things happen.
^
DB215
$33K
OPS OFF/AG LNS. Capable small town banker who enjoys rural life and $30m or less bank oppty. Degree’d professional who has
spent last 2 years in a $ 10m shop. Seeks challenge and exposure to new ideas.
DB216
$19K 0
AG LENDER. Pride in performing top notch job. Farm credit lender who has been shown ropes in one of midwests best offices. Well
developed talents in ag credit and collections looking for a growth position.
DB217
$27K
PRES. Farsighted lender who has run 3 institutions in the $8-13 m range over past 10 years. Primary focus has been ag but unusually
good grasp of all areas of bank mgt and lending. Enjoys small banks and small towns.
DB218
$36K
COMM’L LENDER. Built $6m port in just 2 years. Detail oriented lender who has developed, closed, documented and collected on 0
comm’l loans of all sizes. Strong supervisory talents.
DB219
$30K
TRUST OFFICER. 2 year trust officer JD/CPA. Started as Big 8 tax specialist and moved into mid-sized dept developing new accts.
Very professional image, strong public speaker who has take charge personality.
•
DB220
$29K
CASHIER. Team player w/corporate image. Over 10 years in banking at various levels supervising tellers, bookkeepers and
customer service. Has taken a multitude of professional courses.
DB221
$24K •

FOR FURTHER INFORMATION ON THESE CANDIDATES CONTACT KURT ROSENCRANTS

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

( 515 ) 244-4414
W ORLD’S LARGEST BANKING, ACCOUNTING, AND EDP PLACEMENT SPECIALISTS
WE ALSO HAVE TEMPORARY BANKING PROFESSIONALS

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PROBLEMS WITH YOUR
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IOWA BANKERS
INSURANCE AND SERVICES, INC.
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DES MOINES, IOWA 50308
1-800-532-1423 or (515) 286-4344

KANSAS BANKERS SURETY COMPANY
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P.O. BOX 1654
TOPEKA, KANSAS 66601
913) 234-2631

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BANKERS
PROBLEMS WITH YOUR
BANK’S BOND?
ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE?
HA VE YOUR PREMIUMS SKYROCKETED?
Are you FORCED to write one type of insurance with a
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TOPEKA, KANSAS 66601
(913) 234-2631

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8

E R V I C K

OWNED BY BANKERS

SERVING BANKERS

'

Call on the “Experienced Professionals”
Ready to meet your correspondent needs.

^FirsTierJBank
Lincoln
13th & M Streets, Lincoln, Nebraska 68501
Firslier Bank, N.A., Lincoln, Member FDIC

of Syracuse as a loan officer. He was
previously the county supervisor for
FHA in Nebraska City.

ceeds Robert J. Hubbell, who has
retired after more than 28 years as
president and CEO.

Minnesota News

Illinois News

M I N N E A P O L I S : R o b e rt A. CHICAGO: David G. Henry has
Amundson has been named senior been named president of First Colo­
• vice president and head of payment nial Mortgage Corporation. He for­
operations for Norwest Technical merly was vice president of secon­
Services, Inc. He previously served dary marketing for Magna Mort­
as vice president of consumer opera­ gage Company, St. Louis, Mo.
tions, manager of bank systems and
•manager of consumer systems for CHICAGO: Karen W. Brennan has
been promoted to vice president at
the Minneapolis bank.
Northbrook Bank. She previously
MINNEAPOLIS: William J. Brech- served as manager of commercial
tel has been named vice president marketing for W.N. Lane Interfi•and head of secondary marketing in nancial.
the mortgage banking services divi­
ROCKFORD? A t AMCORE Bank,
sion of Norwest Corporation’s bank­
N.A., Judy A. Gard was promoted
ing group, fie previously served as
from assistant vice president to vice
senior vice president and special as­
president in the bank’s mortgage de­
s is t a n t to the president of Norwest
partment and customer services.
Mortgage, Inc.
She joined the bank in 1959.
ST. PAUL: Minnesota’s banking WESTMONT: Marcel Levesque has
regulator has given the Milwaukee- been named chairman and CEO of
Ibased Marine Corp. approval to ac­ Bank of Westmont. He is succeeded
quire Community State Bank of as president of the bank by Albert P.
Bloomington, Minn. The interstate Harker, Jr., who will also hold the ti­
merger is the first under a regional tle of chief operating officer. Mr.
interstate banking law passed by Harker previously served as the
*the Minnesota legislature last ses­ bank’s executive vice president.
sion. Minnesota’s law requires outof-state banks that enter the state to
Wisconsin News
support the community by offering
APPLETON: Community Banks,
services to the poor, creating jobs,
Inc. and Valley Bancorporation
*and injecting new funds into banks.
have jointly announced the two
The Independent Bankers of Minne­
organizations have entered into an
sota have argued that Marine’s ac­
agreement in principle calling for
quisition plan violates the spirit of
their merger. Under the agreement,
the law. But Minnesota Commerce
which has been approved by each
Commissioner Michael .Hatch
organization’s board of directors,
argued this “ spirit” is too vague to
owners of Community common and
justify a denial <pf the application.
preferred stock would receive Valley
The Independent .. jan k ers may
common stock. Valley would issue
decide to appeal :the decision.
approximately 1,763,000 to 2,130,
ST. PAUL: Michael J. Barrett has 000 shares of its common stock and
been elected president and a director pay approximately $7,486,000 in
of Eastern Heights State Bank of cash in the transaction, which is
Saint Paul. He joined the bank in subject to negotiation of a definitive
• 1975 and previously served as agreement and all requisite corpo­
executive
vice president. He suc­ rate and regulatory approvals. With
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Federal Reserve Bank of St. Louis

the addition of Community’s nine
banking locations in the Madison
area, Valley’s total number of ser­
vice location would rise to 84.

South Dakota News
CANTON: George Hanson, presi­
dent of Farmers State Bank, has an­
nounced his retirement. He will re­
main as a director. His successor is
Bruce D. Anderson, former execu­
tive vice president of the bank.
SIOUX FALLS: A t Norwest Bank
South Dakota, Vicki Ripley has
been promoted to vice president,
student loans. She joined Norwest in
1979 and most recently served as
assistant vice president.

North Dakota News
The Upper Midwest Automated
Clearing House Association will con­
duct six seminars for its member in­
stitutions. They are scheduled as fol­
lows: March 26—Holiday Inn, La
Crosse, Wis.; April 9—Holiday Inn,
Duluth, Minn.; April 21—Holiday
Inn Center City, Sioux Falls, S.
Dak.; May 5—Hospitality Inn, Dick­
inson, N. Dak.; May 15—Ramada
Inn, Escanaba, Mich.; May 21—
Sheraton Midway, St. Paul, Minn.
For more information, call the
UMACHA office at 612-332-5986.

Colorado News
DENVER: A t Central Bank of Den­
ver, Gwendolyn A. Reker and Reker
and Diane C. Siira have been pro­
moted to vice presidents. Ms. Reker
most recently served as assistant
vice president in the regional bank­
ing department. Ms. Siira was assis­
tant vice president in commercial
banking.
ENGLEWOOD: Paul J. Gardner
has been appointed vice president of
personal financial services for First
Interstate Bank of Englewood.

4

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FARM/COMMERCIAL
LOAN OFFICER

Bank Consultants
Specializing in Bank Acquisitions
515-232-0814
P.O. Box 450 405 Main Ames, Iowa 50010
D onald E. H older , Principal

Progressive $35 M bank seeks Farm/Commercial Loan Officer with 5-6 yrs. experi­
ence in solid agri/ comm, loan skills. Bank
regulatory or operational experience help­
ful. Excellent advancement opportunities.
Salary commensurate with experience.
Contact Richard Rath, First Natl. Bank,
P.O. Box 206, Sumner, IA 50674, phone
(319)578-3312.
(PA)

FOR SALE
RECONDITIONED
BRANDT Coin Sorters-Counters
BRANDT Currency Counters
New Warranty
402-571-5577

NEW OPPORTUNITIES
AG LOAN position for a promotable ag lender with se v e ral
years experience.......................................... Salary to $ 3 0 ,0 0 (9
MANAGER to head $120 million loan dept. Must have pro­
ven management skills and commercial lending for this
senior position.............................................. Salary to $55,000
COMMERCIAL LOAN POSITIONS in major Iowa cities.
Prefer col lege grads with two to five years experience. . . .
......................................................................Salary to $ 35,000^
PRESIDENT for $12 million dollar bank. Must have proven^
ag lending skills and management ability.............................
......................................................................Salary to $37,000

Financial Careers
(Division of Freeland Financial Service, Inc.)

SERVING THE UPPER MIDWEST

1010 Equitable Bldg. Des Moines, IA 50309
515/282-6462
Employer pays fee.

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Please contact Lorraine Lear concerning these and other
Midwest banking opportunities.
______

POSITIONS AVAILABLE

R e g e n c y

SR. LENDER position available for experienced person to
develop, plan and implement overall lending function of
$200MM bank. Send resume to File No. WIC c/o North­
western Banker.________________________________ (PA)

RECRUITERS, INC.
1102 Grand Avenue,
Kansas City, MO 64106
816/842-3860

LOAN OFFICER-3 yrs. lending experience (installment/
real estate). Manage downtown office. $65MM bank. Send
resume to: D. Rubel, Pres., Iowa State Savings Bank, Box
3095, Clinton, IA 52732.__________________________ (PA)

Diane Evans

LOAN OFFICER/FARM MORTGAGE. Suburban Des
Moines area bank is seeking highly qualified person to ini­
tiate & develop profitable new department specializing in
farm mortgage loan. Must have minimum 5-7 years experi­
ence specializing in farm mortgage. Individual must be
personable, articulate, & customer oriented, & able to mix
and meet people well. Additional experience in commer­
cial real estate lending, farm operating lines in farm man­
agement would be helpful. Bank experience helpful but
not necessary. All replies will remain strictly confidential.
Send resume and salary requirements to File No WIJ c/o
Northwestern Banker.
(PA)

aqri
oirœrs,inc.
I
AG BANKING PERSONNEL SPECIALISTS

AUDITOR 1-2 years banking experience. Contact First Na­
tional Bank Sioux City, Box 3248, Sioux City, IA 51102 or
call (712) 277-0745. ____________________________ (PA)

FOR SALE
MINORITY STOCK in Iowa bank from family heir. Contact
File No. WIK c/o Northwestern Banker.
(FS)

Jean 712/779-3567
Massena, la. 50853

Sandi 515/394-5827
New Hampton, la. 50659

Confidential. Employer paid fees
POSITIONS AVAILABLE

WANT TO BUY
Farmland broker with client interested in 150-300 ACRE
FARMS to purchase. Location North of Highway 30. Prefer
CSR of 80 or better with terms. Will look at CRP land. Con­
tact Colin Halfwassen, 701 Devonshire, Dr., C-4, Cham­
paign, Illinois 61820. (217)351-8261._______________ (WTB)

2 CEO’s— Iowa and Spokane, WA. $40 million and
$60 million banks. Need 10-15 years in manage­
ment with a loan background. To $60K + Bonus.

714 First Interstate Bank Building
Des Moines, Iowa 50309
515-283-2545

POSITIONS AVAILABLE
PRESIDENT
Are you a dynamic leader ready to mge a profitable $35mrr|Q
bank? Top performing bank needs an action-oriented moti­
vator with 8 + yrs coml/ag lending exp and proven mgmt
abilities. Must be able to communicate effectively with
upscale clients in N Wl resort area. HOT!
To$50K.
Job #NW1282.

In a dead end situation? Looking for a new challenge? l 4 f
you’re a strong business developer with 6 + yrs coml lend­
ing exp, this may be the perfect opty for you! $10mm bank
in N MN ready to hire! Great perks!
To$40K.
Job#NW1283.

SR LENDER
Are you ready for a mgmt position? This strong $ 1 8 m rr^
bank in a great MN resort area is looking for an aggressive^
decision-maker with 3 + yrs coml lending exp for their #2
spot. Will lead to presidency!
To$40K.
Job#NW1284.
FOR MORE INFORMATION
CONTACT PAUL GENTZKOW
OR JEAN TODD

OPERATIONS—Iowa bank needs in-house com­
puter experience plus strong cashier experience.
$25-35K.

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GUMBERT EXECUTIVE EXCHANGE, INC.
11248 Davenport Street
Omaha, NE 68154
Phone: 402/330-3260
Member National Personnel Associates
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PRESIDENT

POSITIONS WANTED
7 year banking veteran in OPERATIONS with hands-on
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BA degree, IS SEEKING ADVANCEMENT. No recruiter fee;
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•

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ALL FEES COMPANY PAID_______ %

POSITIONS AVAILABLE
CASHIER ■$25MM Ag Bank. Requires background with inhouse minicom puters and some knowledge of Agri Loans.
$30K
PRESIDENT • Agri Bank w ith problem loans. Should h a v e ®
adm inistrative experience and solid Agri Loan skills. $40K
OPERATIONS - manage department of 35 for large urban
bank. Experience with deposit accounting and account
services required.
$38K
ACRI LOAN - com m unity bank w ith large Ag portfolio.
Seven yrs. or more Ag Lending experience needed.
$35K ^
COMMERCIAL LOAN - large suburban bank w ith $100MM
loan portfolio. Degree and minimum 3 yrs. comml lending
experience with six figure credits.
$32K
Additional positions available in Midwestern states.

TOM HAGAN & ASSOCIATES
2024 Swift - Box 12346
North Kansas City, MO 64116
816/474-6874
“ Serving the Banking Industry Since 1970"

Vol. 15 No. 47 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.
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