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Vol. 15 No. 4
Des Moines, Iowa
May 12,1986
IB A A Says Emergency Takeovers,
Nonbank Loophole Linkage Essential
HE ISSUES of emergency inter
T
state takeovers and the nonbank
bank loophole must be legislatively
linked, the Independent Bankers
Association of America told Con
gress on May 1. Unless the nonbank
bank loophole is closed, the Associa
tion testified before the House
Banking Subcommittee on Financial
Institutions, potential acquirers will
be able to pass up the troubled insti
tutions and open up a new, problemfree nonbank bank.
“ If you want to sell horsemeat,
hide the sirloin," IBAA President
Charles T. Doyle advised.
The Association’s top executive
also urged Congress to retain the
$500 million takeover threshold and
provide an exemption for the four
largest banks in those states with
fewer than four $500 million-plus
banks, as a means of resolving the
problems while limiting needless in
terstate expansion.
“ We have seen no facts which
would justify this wholesale addi
tion to the interstate auction block,"
Mr. Doyle noted. “ Texas Banking
Commissioner Jim Sexton said last
week, ‘The Douglas Amendment
ain’t for sale.’ I’m here today to add,
‘ It ain’t even for rent.’ ’’
Mr. Doyle, who is also chief execu
tive officer of Texas’ Gulf National
Bank, urged Congress to require the
which, instead of simply being pro
tected, could also be assessed to
shore up the fund.)"
sale of a holding company’s market
IBAA also quoted Sen. Proxmire
able subsidiaries or assets before as saying that a soon-to-be released
outside assistance is provided.
study reports that more than 86% of
When Lee Iacocca got financial the retail customers surveyed have
assistance for Chrysler, it wasn’t no interest in having any new pro
without a cost, Mr. Doyle pointed ducts or services offered by their
out. That cost was the sale of Chrys- bank.
□
ler’s highly profitable tank division,
the capital from which was then
used to bolster the company’s prin
cipal auto manufacturing business. ABA Survey Shows Rising
“ We bankers demand that kind of
self-help of our financially-strapped Cost of Bank Insurance
An American Bankers Associa
commercial borrowers. You in Con
gress demanded it of Chrysler. And tion survey just released reports the
the regulators ought to demand it of banking industry spent approxi
mately $667 million for insurance in
troubled holding companies."
In a May 2 bulletin to its mem 1984, up 16% from the $573 million
bers, IBAA said Sen. William Prox- reported in 1983. “ The report does
mire (D., Wis.), ranking minority not reflect the dramatic increases in
member of the Senate Banking Com insurance costs over the last two
mittee, “ shared IBAA concerns" years," stated Harold L. Vogel,
with bankers attending the associa chairman of the ABA insurance
tion’s recent spring conference in committee and vice president, C&S
the nation’s capital. The bulletin re Georgia Corporation, Atlanta.
Basic Bankers Blanket Bond in
ported, “ The measure as drafted, he
predicted, will make big banks big surance is identified as the largest
ger. .. Hang shareholders out to dry insurance expenditure, with $172
by making them forfeit their invest million spent in 1984, or 26% of the
ment in the failing bank; give more total expenditure, the survey
preference to in-state sales; and im reports. Mr. Vogel points out that
pose concentration limits, prevent “ The market has changed dramatical
ing the half-dozen largest bank hold ly. Insurance costs have doubled or
ing companies from buying banks even quadrupled" for Blanket Bond
outside their state. (And then there and D&O. Even obtaining adequate,
are the ever-popular foreign deposits cost-effective coverage is “ a critical
SPRENGER, ROWLAND
AND MESSINA
Bill Sprenger
Frampton Rowland
Outside Missouri call 1-800-821-2180
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
John Messina
In Missouri call 1-800-892-7100
iui Commerce Bank
o f Kansas City
M am Kar C H IP**
2
,
Norwest Bank Des Moines N.A.
Call (515) 245-3131 or toll-free (800) 362-2514
Member FDIC
NORWEST BANKS
mamma
wmymm
SIOUX CITY: Russell E. Curtis has
been promoted to senior vice president and managing trust officer at
Toy National Bank. He joined the
bank in 1982 as a vice president and
managing trust officer.
Yearn work:
one of the reasons
we’re first in Iowa.
Nebraska News
Lowell Barkley
Larry Welch
management problem bankers face
today,” he stated.
The survey says Blanket Bond
underwriters experienced direct
losses of $157.6 million in 1984, and
some insurers now have pulled out
of the market. Full details of the an
nual survey may be obtained from
ABA by phoning 202 467-4118.
mium from a group headed by
banker Mike Keim, and the bank
was re-opened May 2 as American
National Bank. The office in New
Market is retained. American Na
tional assumed approximately $17
million in 3,500 deposit accounts
and purchased certain assets for
$11.5 million. FDIC advanced $5.2
million to American National and re
tained $6.4 million of bad loans.
Iowa News
CHARLES CITY: Charles V. Perry
has been named vice president of the
Commercial Trust and Savings
Bank. Previously he was president
and CEO of the Parkersburg State
Bank for two and a half years.
BEDFORD: The Bedford National
Bank was declared insolvent by the
Comptroller of the Currency May 1.
The bank was founded in 1871.
FDIC accepted the only bid sub
mitted, which was for a $10,000 pre-
The Nebraska Bankers Association will sponsor a series of confer
ences on May 20, 21, 22 and June 3
and 4 on the topics of clear title and
regulator forbearance. Each confer
ence begins with registration/continental breakfast at 9:30 a.m. Ses
sions will be conducted from 10:00
a.m. to 3:30 p.m. with lunch from
noon to 1:00. Registration is $60 per
person and includes breakfast, lunch
and breaks and all conference ma
terials. Dates and locations are: May
20, Scottsbluff; May 21, North
Platte; May 22, Kearney; June 3,
Norfolk, and June 4, Lincoln. Contact the NBA office to register.
BLAIR: Rufus Buffaloe, vice presi
dent of the Washington County
Bank, will retire effective August 1
after 25 years with the bank. Prior
DIKE: Larry C. Lenhart has been to joining Washington County, Mr.
promoted to vice president and cash Buffaloe was with the Aurora Bank
ier of the Iowa Savings Bank. He of Aurora, Mo. for 15 years.
has been cashier since 1985.
DURANT: Oliver A. Hansen has re
signed as president of Liberty Trust
& Savings Bank, a position he has
held since 1965. Bill D. Paulsen was
named president. Mr. Hansen will
remain as chairman of the board. In
addition, Lorin Fox was named ex
ecutive vice president and cashier,
and Ron Hansen, senior vice presi
dent.
ASK
GARY
BARTLETT
NELIGH: Ralph Schrader has been
promoted to executive vice presi
dent of the National Bank of Neligh.
He has been with the bank since
1973, most recently as senior vice
president.
OMAHA: Among recent promotions at Norwest Bank Nebraska,
N.A. were John J. Ramsey to vice
president/manager of residential
MARION: Among recent appoint real estate in Omaha and Jerry Ries,
ments at Farmers State Bank were vice president of agricultural loans
vice presidents Allen Shedek and at Norfolk. Both were promoted
Marty Carter.
from assistant vice president.
to make MNB
work for you.
We’re Security for You
Toll free
1-800-332-5991
At Security National Bank, we’re people you can
count on to handle all of your Correspondent
Banking needs.
So, start corresponding with us.
We’re Security for you!
Merchants
A
National Bank 151
Member F.D.I.C.
A BANKS OF IOWA BANK
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
a
SECURITY NATIONAL BANK
IN SIOUX CITY, IOWA. MEMBER F.D.I.C.
Ron Kiel
Correspondent
Banking Officer
712-277-6736
#
#
#
•
—
*
^
#
^
9
^
Some special candidates from
Robert Halfs Banking Division
Partial list o f available Banking candidates.
CHIEF EXECUTIVE OFFICER: Simply one of the best senior executives around. Community active, profit motivated banker currently in
charge of a successful highly profitable community bank. Has put together an organization to marvel at in last three years as chief executive of
$40m institution.
DB500
$55K
CONSUMER LENDER: Marketing talents plus! This aggressive achiever went into a department that wasn’t actively after installment market
and made it one of the fastest growing areas of the bank. Floor planning, statement analysis and solid training.
DB501
$22K
VICE PRESIDENT OF DATA PROCESSING: BS degree. Fifteen years of consistent upward growth in large IBM data centers. A polished
manager that has moved up-through-the-ranks from a programmer analyst to a manager supervising a department of 55, an annual budget
of over $5m, and responsibility of all hardware, software and networking. Extremely knowledgeable of banking and financial applications.
This individual will make you “stand back and take notice!”
DB502
$60K
SENIOR VICE PRESIDENT: Quality minded professional with ten plus years ag lending and management experience. Has worked with
problem loans, cashflows, credit analysis, documentation etc. ...Community active, currently working in $40m bank as senior lender. Seeks
top quality opportunity in good town.
DB503
$32K
COMMERCIAL LENDER: Holding company training involved in the collection and analysis of commercial loan data plus new business
development. Actively involved in accounts of $250-500K with real estate exposure and success in cross selling of services.
DB504
$36K
CONSTRUCTION LOAN ANALYST/MBA: Top-notch analysis skills gained over last two years working in high activity market. Proven
professional has handled a wide variety of commercial real estate credit.
DB505
$23K
AG LENDER: Community active, heads up lender with three plus years of hands-on experience. Several years in farming, excellent
references and customer rapport. Has very well developed analysis skills and loan sense.
DB506
$26K
CHIEF EXECUTIVE OFFICER: Talent laden individual with experience in several sized banks all within same holding company. Has topnotch commercial and ag skills keeping ROA above 1.0 in banks ranging from $20m to $200m. A superior manager who has developed 10
bank presidents.
DB507
$50K +
SENIOR CONSUMER LENDER: Management skills gained as manager of $2m department for last five years. Commercial loans, real
estate and ag exposure of a $5m portfolio. Accounted for $500K in premium volume in 1985 and expecting even more in 1986.
DB508
$33K
SENIOR AG LOANS: # 2 person in top quality camel #1 rated bank. Trained in farm credit system moved into management role of $40m +
institution three years ago. Good solid performer.
DB509
$45K
MORTGAGE/REAL ESTATE LENDER: Degreed, well trained in aggressively adding quality real estate and mortgage loans for $180m +
bank. Workout skills in commercial real estate and supervisory of four plus lenders. Looking for challenge and opportunity.
DB510
$40K +
Supplement to Northwestern Banker Newsletter 5-12-86
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
(CONTINUED)
PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES — FINANCIAL AND EDP
AG/COMMERCIAL LENDER: Hard working lender with wealth of knowledge from 10 + successful years in the business. Oversaw $19m
portfolio in $100m bank consisting of pure ag as well as 25% commercial ag loans. Kept consistent quality and excellent business retention.
DB511
$35K
OPERATIONS: Degreed, credit analysis, operations, and loan review training. Has been involved in both large ($200m + ) organization and
smaller ($20m) bank. Very creative and goal oriented.
DB512
$18K
JUNIOR COMMERCIAL LENDER: Super image. Three years in a $350m + bank in charge of a $16m portfolio consisting of $250K and up.
Enjoys beating the streets and doing in-depth analysis. Looking for new challenges and opportunities.
DB513
$30K
PROGRAMMER ANALYST: BA degree. One and a half years experience in IBM 43XX shop using COBOL and BAL. Applications include
demand depositions, general ledger, installment loans, account analysis and more. Single renter. Ready to relocate!
DB514
$20K
PRESIDENT: Senior manager who has seen all sides of banking, loan review, operations, organizational restructing, building new facilities
and attacking new areas. Holding company training and been in charge of $50m urban bank using finely tuned commercial lending expertise.
DB515
$48K
TRUST OFFICER/ JD: Pension plans, estate planning and new account development are the forte’s of this two year trust officer looking for
career growth. Motivated by the desire to achieve and belief that hard work pays off.
DB516
$25K
SENIOR AG OFFICER: Experience plus! Currently senior person in a $60m + institution supervising five and in charge of $18m + portfolio.
Degree, very strong in statement analysis and workout, gained knowledge over last 20 years.
DB517
$42K
CONSUMER LENDER: Hard working professional with three plus years of installment lending in a $ 50 m + bank. In charge of $3m +
portfolio has handled floor planning, student loans and SBA type commercial loans.
DB518
$20K +
REAL ESTATE LENDER: Hands-on lender with $9m + real estate portfolio in $80m + bank. Originated and renegotiated $7m of those loans
over last eight years. Commercial loan training through a major bank combined with work in property rehabilitation.
DB519
$38K
BANK ACCOUNTANT: Aggressive accountant with two years internal audit experience in large holding company. Supervisory skills and
strong knowledge of bank accounting functions. Seeks more varied banking exposure and challenge.
DB520
$22K
AG LENDER: Raised on a farm and spent six years running own operation and then six years as a lender in farm credit system. Good
analysis person who can say no and relate to customers. Insurance licenses, college degree, and has top-notch workout skills.
DB521
$28K
COMMERCIAL LENDER: Hard hitting marketer has been in brand new bank since it opened one year ago and already has $20m portfolio,
$6m in new commercial loans. Past experience included four years as a top correspondent banker in a $2B organization.
DB522
$38K
MORTGAGE LENDER: Seven day a week lender trained in mortgage and real estate loans. Two plus years of experience and can do
attitude make this individual a key find. In today’s market this is a person who can put money in your pocket.
DB523
$25K
PRESIDENT/ EXECUTIVE VICE PRESIDENT: Ag senior who enjoys small bank environment. Has taken charge of two $10-15m shops and
run them well. Very good at the basics of getting and keeping a rural operation running at peak efficiency.
DB524
Upper $30’s
FOR FURTHER INFORMATION ON THESE CANDIDATES
CONTACT KURT ROSENCRANTS
ROBERT HALF
317-6TH A VENUE, STE. 650
D ES M O IN E S, IA 50309
Banking, Financial,
Accounting and EDP
personnel specialists.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
(515) 244-4414
Second W eek of Group M eetings Slated
Group 5 — Council Bluffs
Area bankers from Group 5 will
be meeting Monday, May 19 at the
Lakeshore Golf
& Country Club
, lifted
in
C ou n cil
5 rM
Bluffs. Golf will
i
.JÊÊ
be available and
■
i
i jé
a shotgun start
is planned for
VMPflL
10:00 a.m. Golf
reservations are
required. Group M
* m JH
Chairman ThoT WHITSON
mas D. Whitson,
president, Council Bluffs Savings
0m
Bank, announced this year’s enter
tainment will consist of an evening
at Bluffs Run Dog Track. This spe
cial evening will include cocktails,
dinner and the races all at “ the
track.’ ’
During the afternoon business
session, presentations will be given
by Bill Kobourek, president, Council
Bluffs Chamber of Commerce; Don
ald Senneff, assistant attorney gen
eral; Bill Bernau, superintendent of
banking; and Neil Milner, executive
vice president, IB A. A special ladies
program is planned for 3:00 and will
feature Rosie Heininger’s “ Seafood
on the Grill.”
A.M.
10:00 G olf—Lakeshore Country
Club
P.M.
3:00 Business M eeting—Tom
Whitson presiding
Presentations by Bill Kabourek, Bill Bernau, Donald
Senneff and Neil Milner.
3:00 Ladies Program—“ Seafood
on the Grill”
5:30 Cocktails—Bluffs Run Dog
Track, Courtesy of U.S.
Check Book Co.
6:15 P rogra m /D in n er—B lu ffs
Run
8:00 Post Time for the Races
Group 2 — Fort Dodge
GROUP 2 ANNUAL MEETING
MAY 20, 1986
STARLITE VILLAGE MOTEL
FORT DODGE, IOWA
“SPECIAL EDITION”
Special Edition, from South Hamilton High is an eighteen voice show
choir with an eight piece instrumental back-up group. The group’s reper
toire ranges from pop standards to Broadway showtunes to jazz. Special
Edition has competed at state contests and has given grandstand perfor
mances at the Hamilton County Fair.
8:0.0
4:00
5:30
6:30
8:00
Golf Tournament— Lakeside Golf Course
Business Meeting
Social Hour
Banquet
Program
“ Special Edition,” an eighteen
voice show choir from South Hamil
ton High will
highlight this
year’s Group 2
meeting in Fort
Dodge on Tues
day, May 20 at
the Starlite Vill
age
M otel.
B ankers and
spouses will en
W Èk
joy this musical
N. SKADBURG
g r o u p ’ s w ide
variety of music from Pop to Broad
way showtunes. Norman Skadburg,
president, First State Bank, Web
ster City, will preside as Group 2
chairman. The afternoon business
session will include presentations by
Bill Bernau, superintendent of bank
ing and Neil Milner, executive vice
president, IBA.
During the evening banquet,
Bruce Meriwether, president, IBA,
will give a presentation. Also, there
will be a special showing of the IBA
Film, “ Iowa Banks...The Day
After.” Golf is scheduled for 8:00
a.m. at the Lakeside Municipal Golf
Course. Golfers may play either 9 or
18 holes. Call the Union State Bank
SEE YOU IN C O U N C IL BLUFFS...
GROUP 5 A N N U A L M EETIN G
M A Y 19, 1986
LAKESHO RE G O LF A N D
C O U N TR Y CLUB
Special Entertainment...An Evening at
BLUFFS RUN DOG TRACK
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Supplement to Northwestern Banker Newsletter 5-12-86
GROUP 3
MEETING
SURF CONVENTION
CIVIC CENTER
CLEAR LAKE, IA
MAY 22, 1986
at 712-297-7556 for golf and cart re president, Val
ley State, Rock
servations.
Valley, will pre
A.M.
side at the after
8:00 Golf—Lakeside Golf Course. noon business
session which
P.M.
4:00 Business Meeting—Norm will feature pre
sentations by
Skadburg presiding.
B ernau,
Reports—Bill Bernau and B ill
state superinten
Neil Milner
dent of banking,
j maw try
5:30 Social Hour
and Neil Milner,
6:30 Banquet
8:00 P ro g ra m —B ru ce M eri executive vice president, IBA. Golf
will be available and arrangements
wether
IBA Film, “ Iowa Banks... can be made by calling the Emerald
Hills Golf Course at 712-332-5672.
The Day After"
Entertainm ent—“ Special Tee times will be from 8:00 a.m. to
11:00 a.m.
Edition"
A.M.
8:00 Golf—Emerald Hills Golf
Group 12 — Okoboji
Course
No kiddin’, “ The Great Preten
P.M.
2:00 Registration—Lobby, The
ders," a four man musical group,
will perform as feature entertain
New Inn
Business Meeting—North
ment for the Group 12 bankers who
will be meeting at the New Inn on
Room
Welcome, Tom Awtry, sec
West Lake Okoboji, Wednesday,
retary, Group 12
May 21. You’ll enjoy their country
and gospel sounds, “ sprinkled with
Regulators Update: Bill Ber
comedy throughout the perfor
nau
Legislative Issues: Neil Mil
mance."
-•
Group 12 Secretary Tom Awtry,
ner
TH E N EW IN N
W EST LAKE
OKO BO JI
M AY 21, 1986
“ DAVE MAJOR &
THE MINORS”
★
FEATURING ★
Golf Available at
Emerald Hills Course
Call (712) 332-5672
Special Entertainment
2:00 • 5:00 Registration
2:00
4:00
5:30
6:30
5:00 - 6:00 Social Hour
6:00 • 7:30 Banquet
7:30 • 8:15 introduction
8:30 • 9:45 Entertainment
10:00
Dancing ’til midnight
“THE GREAT PRETENDERS”
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Registration
Business Meeting
Social Hour
Banquet
Call on the “Experienced Professionals”
Ready to meet your
correspondent needs.
Election of group chairman
and secretary
5:30 Social Hour—Poolside
6:30 Banquet—Lakeview Room
IB A Film, “ Iowa Banks...
The Day After”
Feature Entertainm ent,
“ The Great Pretenders”
Group 3 — Clear Lake
Clear Lake will host Group 3
bankers on Thursday, May 22 at the
Surf Convention
and Civic Cen
ter. Feature en
tertainment this
year will be mu
sical
g u e sts
Dave Major &
The
M inors.
This five man
vocal team com
bine their tal
D. SNYDER
ents with an un
limited choice of instruments as well
as a variety of music from Big Band
to Pop.
Donald E. Snyder, president,
Manufacturers Bank & Trust Co.,
Forest City, will preside as chairman
of Group 3. Golf will be available to
those interested at three local clubs
in the Clear Lake area. Please make
your own arrangements by calling
one of the three listed. 1] Mason City
Country—424-2173 2] All Veterans
-357-4457 or 3] Gamer Golf &
Country—923-2819.
A.M. Golf—Make arrangements
at above listed clubs
P.M.
2:00 Registration—Lobby
5:00 Social Hour—Ballroom
6:00 Banquet
7:30 Introduction of Guests
Bruce Meriwether, presi
dent, IBA
IB A Presentation, “ Iowa
Banks...The Day After”
8:30 Entertainment—“ Dave Ma
jor & The Minors”
10:00 Dancing 'til Midnight
Minnesota News
The Minnesota Bankers Associa
tion nominating committee has
named Roy W. Terwilliger, Joseph
R. Jorstad, A. William Sands and R.
James Gesell as nominees for the
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
^FirsTierB ank
Lincoln
13th & M Streets, Lincoln, Nebraska 68501
top elected officers in the associa
tion for 1986-87. Nominees will be
presented for election to delegates of
M BA’s 96th Annual Convention
June 2-4 at the Radisson St. Paul
Hotel. Roy W. Terwilliger, presi
dent, Suburban National Bank,
Eden Prairie is nominated to suc
ceed MBA President Clinton D.
Kurtz, president, Citizens State
Bank, Norwood. James R. Jorstad,
president, Citizens State Bank,
Hayfield, is nominated to succeed
Mr. Terwilliger as MBA vice presi
dent. The nominee for second vice
president, A. William Sands, is
chairman of Western Bank in St.
Paul. The treasurer nominee, R.
James Gesell, is president of Chero
kee State Bank in St. Paul.
MINNEAPOLIS: Carol L. Ander
son has been promoted to vice presi
dent of the corporate security divi
sion, First Bank System Services,
Inc. She has been assistant vice
president and director of corporate
security since 1980.
Illinois News
EVERGREEN PARK: First Ever
green Corporation has announced
the appointments of Ronald Homa
to president of Clearing Bank and
William R. Brouwer to president of
Oak Lawn National Bank. Both pre
viously served as executive vice
president at their respective banks.
Firslier Bank, N.A., Lincoln, Member FDIC
of the Jefferson County Bank. Dur
ing his 17-year banking career he
has served at several banks in Illi
nois and Iowa.
Colorado News
ARAPAHOE: Three vice presidents
have been named at Colorado Na
tional Bank—Arapahoe. Michael T.
Price was promoted to vice presi
dent—real estate and Gary R. Dani
to vice president—commercial loans.
Edward J. Baxter has joined the
bank as vice president and senior
lending officer. He comes from First
National Bank—North, Grand Junc
tion, where he was senior vice presi
dent, lending.
Come to the
Investment
Specialists
committed
to quality.
North Dakota News
BISMARCK: Steve Jacobsen has
been named executive vice president
of Norwest Bank Bismarck, N. A. He
joined the bank in Sept., 1985 as
senior vice president/loan adminis
tration, and has been with Norwest
since 1971.
GRAND FORKS: The board of di
rectors of First National Corpora
tion has declared a 5% stock divi
dend, which will be paid May 23 to
all shareholders of record as of May
1, 1986.
W hen it comes to long-term
or short-term investments,
nothing outperforms the
quality investment programs
from United Missouri Bank.
lb
UNITED MISSOURI BANK
Member FDIC
W isconsin News
JEFFERSON: Robert L. Martin
has been named president and CEO
o f KailSaS C H )( Il^ L
10th and Grand • P.O. Box 226
Kansas City, Missouri 64141
(816) 556-7200
POSITION AVAILABLE
BANKING PROFESSIONALS
Strong midwest bank group seeking qualified ap
plicant to fill position in recently acquired banks:
PRES/CEO, commercial lending, (including com
mercial & residential real estate & cashier/operations.) Only forward looking team members need
apply. Send resume to File No. WFI c/o North
western Banker.
AG LENDING OFFICER. $35M N.W. IL bank seeking experienced lender for Ag Loans. Must have knowledge of FHA
& other gov’t programs. Good starting salary and full bene
fits. Send resume to File No. WFC c/o Northwestern
Banker.
(PA)
V.P. for northern Illinois $100MM community bank. Mini
mum of 10 years lending experience, primarily commercial
and real estate. The successful applicant must have ex
cellent compliance knowledge and will work well in group
management environment. Send resume and salary his
tory to File No. WFD c/o Northwestern Banker.
(PA)
LENDING OFFICER. Immediate opening for experienced
Ag Loan Officer. $24M bank In southern lake region of Min
nesota. Excellent career opportunity for individual experi
enced in overall bank operations. Send resume and salary
requirements to Arnie Leen, Citizens State Bank, Waterville, MN 56096.______________________________ (PA)
TRUST ADMINISTRATOR AND FINANCIAL PLANNER for
$160M department in $200M bank. College degree and Fi
nancial Planning designation required. Prefer minimum of
two years experience. Send resume, including salary re
quirements to File #WFN c/o Northwestern Banker. Equal
Opportunity Employer.
(PA)
Individual with MARKETING, ADVERTISING AND PUBLIC
RELATIONS BACKGROUND. Banking experience pre
ferred, but not required. Organizational, managerial, moti
vational, office skills and creativity required. Send resume
to: MARKETING, P.O. Box 118, DeWitt, Iowa 52742 (PA)
AUDITOR wanted for $340M + holding company. Super
vises audit personnel. Responsible for administration of
the internal audit division. Performs examinations of sub
sidiary banks. Minimum 2-3 plus years auditor experience.
Salary commensurate with experience. Send resume and
salary history in confidence to: Peoples Bank & Trust Co.,
Personnel Dir., 419 W. 4th St., Waterloo, IA 50701.
(PA)
CREDIT ADMINISTRATION
TRUST ATTORNEY
COMMERCIAL LENDERS
Northwest Bank & Trust Company has an opportu
nity for an attorney with probate and estate plan
ning experience. Strong tax and retirement plan
ning background is a plus. New Trust Business
Development is a key responsibility to this posi
tion. Salary with incentive compensation plus an
excellent benefits package is offered. Salary is
commensurate with qualifications, incentive and
performance.
„
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.
Qualified applicants, please send resume to:
NORTHWEST BANK
& TRUST COMPANY
D.E. CHYMA
2932 7th St., Moline III., 61265
—
All Replies Confidential
—
POSITIONS WANTED
ATTORNEY in private practice. Trust Administrator or pos
sibly lending position. Experience in commercial and ag
settings. Contact Steven Wartman, 1222 Ferges Ave., F4,
Norfolk, NE,68701. (402)371-9021 or9045.
(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
Serving bankers quietly and efficiently.
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
Human Resources Officer
100 E. Kimberly Road
Davenport, Iowa 52806
Major bank holding company seeks CPA with bank audit
experience. Salary to $30,000.
An Equal Opportunity Employer M/F
Freeland Financial Service
1010 Equitable Bldg. Des Moines, IA 50309
515/282-6462
Employer pays fee.
POSITION AVAILABLE
$30M north Iowa bank needs SR AG LENDER.
Responsibilities would include Implementation of
lending policies, compliance, supervision of staff,
work out loans and developing customer relation
ships. Salary negotiable. Send resume to File No.
WFE c/o Northwestern Banker.
Please contact Malcolm Freeland concerning these quali
ty applicants or for other types of banking officers.
DON
"Successful Banking is Quality Personnel"
POSITIONS AVAILABLE
POSITION AVAILABLE
CEO - President $100 Mill midwest bank. Must
have CEO experience in similar size commercial
bank. Please send resume and call to discuss:
PHYLLIS S. LYNCH
STAFF MID-AMERICA, INC.
2120 South 72nd Street, Suite 900
Omaha, Nebraska 68124
(402) 391-2065
B A N K IN G
Consultant available on a temporary or an
Intermediate basis In an on line or
advisory capacity specializing in:
• LOAN WORKOUTS
• LIQUIDATIONS
• DOCUMENTATION
22 years experience in acquisition and liquidation
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.
COMMERCIAL LOAN OFFICER. 3 + years experi
ence and your professional image can qualify you!
Developing the upscale commercial customers
brings fast promotion within progressive holding
company b a n k ........... To$35,000 ............Call Marj
COMMERCIAL LOAN MANAGER. Your commercial
lending expertise and business development skills
can grab this excellent opportunity. Set up/develop
professional market in this quality community . . . .
...................... T o$40,000 ....................... Call Marj
V.PJCOMMERCIAL LOAN OFFICER. 4 + years in a
$50 + mm bank is needed for this $150 + mm bank.
Excellent opportunities await within this holding
company ............... To$45,000 ............... Call Marj
VICE PRESIDENT. Now is the time to move! This po
sition can lead to the presidency in a few years.
Strong ag lending experience, but familiar with all
ty p e s .....................$35,000 ..................... Call Dean
AG LOAN OFFICER. Need to increase staff because
of increased volume! 3 + years experience for a
bank that is growing! ........$30,000 ........ Cal! Dean
VICE PRESIDENT. Strong commercial lending with
some ag. Can lead to Sr. Loan Officer. Handling
$50K to $500K commercial accounts. Move on this
one now! .................$39,000 ..................Call Dean
COMMERCIAL LENDER. Large out-state bank. 2 +
years commercial lending to work a portfolio of
$10-15mm. Community has size and the area is
scenic. N ice'85 bonus ...Low $30’s ...C a ll Bruce
COMMERCIAL LENDER. Handle up-scale market
for this $200 + mm metro bank. Bonus, benefits, and
salary are competitive in the market. Want someone
on board "yesterday” . . . Upper $30's . . . Call Bruce
TRUST OFFICER. Will work with employee benefits.
Community is substantial and advantageously
situated. Respond if you have 2 + years tru s t.........
.....................To Low $40’s ..................... Call Bruce
#2 OFFICER IN AN AGRICULTURAL BANK, town
of 3,000 with nice family recreational facilities . . .
.................................................... $30,000-340,000
ALL AROUND BANKER for a $38mm country
bank. Duties include lending of all types and
some operations. 2 years experience...................
.................................................... $20,000-325,000
VICE PRESIDENT loan officer with heavy ag,back
ground for a $50mm bank in an exceptionally pro
gressive town over 10,000 ........... $35,000-$40,000
INSTALLMENT HEAD for a clean $75mm bank . . .
......................................................high $20,000’s
PRESIDENT $15mm country bank, top recrea
tional are a ..................................... $40,000+ + +
COMMERCIAL AND MORTGAGE LOAN OFFICER
$65mm bank In a town over 10,000 ............. OPEN
SENIOR VICE PRESIDENT over loans in an
$80+ + bank located in a very exceptional small
town close to a metro area ......................... OPEN
COMMERCIAL LENDER, BUSINESS DEVELOPER,
VICE PRESIDENT for a bank in a college town . . .
..................................................................$40,000
VICE PRESIDENT, COMMERCIAL LENDER with
superb technical skills for a bank in the $100,000
range located In a college to w n ................$50,000
MARKETING OFFICER for a banking related firm,
salary + commission, nice working conditions ..
..................................................... $20,000-325,000
DON W. SCHOOLER
2508 East Meadow
Springfield, Missouri 65804
(417) 882-2265
POSITIONS AVAILABLE
LOAN REVIEW - lead bank of major midwestern holding
company. Requires degree and minimum of two yrs. loan
review experience in large bank environment.
$28K
COMML. LOAN - $100M suburban affiliate of large multi
bank holding company. Strong technical skills and 3 yrs.
or more experience.
$30K
INSTL. LOAN • manage consumer department for $80MM
suburban bank. Ideal candidate will 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 community bank. Assist with commercial loans.
$35K
Additional opportunities available. Resume requested.
C APITAL PER SO N N EL SERVICE
714 First Interstate Bank Building
Des Moines, Iowa 50309
515-283-2545
{Personnel
1126 So. 72nd St. Omaha, Ne. 68124
402-397-2980___ .— I
TOM HAGAN & ASSOCIATES
2024 Swift - Box 12346
North Kansas City, MO 64116
816/474-6874
“ Serving the Banking Industry Since 1970”
Vol. 15 No. 4 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.
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