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Vol. 9 No. 2

Des Moines, Iowa

Illinois House Passes M BH C Bill
MULTI-BANK holding com­
A
pany bill has been approved 9160 by the Illinois House of Repre­
sentatives and it awaits action at
this time by the Senate rules com­
mittee. The Illinois Senate currently
is involved with its own Senate bills
and may not take up the House bill
for at least two weeks, it was report­
ed. It would then go to the floor from
the rules committee. Adjournment
of the Illinois legislature is schedul­
ed for June 30.
The bill basically embraces de­
tails of the multi-bank holding com­
pany bill that lost out in the previ­
ous Illinois legislature. Two new
items would: 1. permit a third facil­
ity by any bank, with the stipula­
tion that the facility could not be
within one mile of another bank’s
home office, and 2 . Prohibit a hold­
ing company from acquiring a new
bank until that new bank was in
existence at least 10 years.
Holdover features of the previous
bill divide Illinois into five regions.
A holding company would be
authorized to acquire banks in its
own region and a contiguous region.
It could acquire one bank per year
for five years, but no provision is in
the bill for the time beyond those
five years. The House-passed bill
places no limitations on size or
growth of the holding company. In

some other states, each holding
company is limited to a fixed per­
cent of total deposits within the
state.

Bob Abboud Retiring
At 1st Chicago Corp.
It was announced at a press con­
ference last week that A. Robert
Abboud, 50, chairman and chief ex­
ecutive officer of First Chicago Cor­
poration, “ will be retiring when his
successor is designated by the
board.” The announcement also
said Ben W. Heineman, president of
Northwest Industries, Inc., and a
member of the holding company
board, was named to succeed Mr.
Abboud as chairman of the execu­
tive committee of First Chicago,
effective immediately. Mr. Heine­
man, whose company’s principal
interest is Northwestern Railroad,
will have an office at First Chicago
Corporation where he will consult
with Mr. Abboud on “ major policy
and personnel matters.”
It was further announced that
Harvey Kapnick, 54, who joined
First Chicago last November as
deputy chairman, had resigned
effective immediately. Prior to join­
ing First Chicago he was chief
executive officer of Arthur Ander­
sen & Co.

May 5,1980
Mr. Heineman said a search com ­
mittee has been formed and hopes to
have a successor to Mr. Abboud
named “ possibly as early as two
months,” but would take longer if
necessary.

Prime Drops to 18 1/2 %
Morgan Guaranty Trust Co.,
National Bank of Detroit and the
Bank of New York dropped their
prime lending rate to I 8 V2 % in the
wake of another drop in short-term
rates. A number of other banks
dropped their prime to 19%, back­
ing off from the all-time high of 20 %
that prevailed in mid-April.
Bank CDs, which had been as
high as 18 % , fell off last week a full
half-point to 13.05% and were still
unsettled at midweek.
Scattered banks around the
country in smaller metropolitan
areas and communities had an­
nounced prime cuts during the past
week. Among them was the M c­
Henry State Bank in McHenry, 111.,
where President Thomas F. Bolger
said the prune now is 18 % as an aid.
to farmers and local businessmen.
Mr. Bolger is also president of the
Independent Bankers Association
of America. McHenry State, long a
leader in its area in home mortgage
lending, dropped its mortgage rate
for owner-occupied homes from 16 %
to 13 VS % , with 30 % down and a 3 %
service charge.

ASK JERRY TRUDO
to make MNB work for you.
Toll free: 1-800-332-5991

Merchants National Bank if i

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Federal Reserve Bank of St. Louis

Member F.D.I.C.

A ‘BANKS OF IOWA' BANK

2

UPDATE YOUR ALARMS
Special on 35mm auto cameras.

DOUGLAS SCHMIDT

Check w ith us firs t BEFORE making a
purchase.

Your Man
on the First Team.

SECURITY SYSTEMS, INC.
3920 Delaware
Des Moines, IA 50316
[515]265-1161

712/277-1500
DOUGLAS SCHMIDT
Correspondent
Banking Officer

First National Bank isi
Sioux City • A BANKS OF IOWA’ BANK

Nebraska News
CEDAR RAPIDS: Elizabeth L.
Cox has been named executive vice
president of the Cedar Rapids State
Bank. She also will continue in her
present capacity as cashier and chief
executive officer.
FREMONT: J. D. Schiermeyer has
been elected chairman of the First
National Bank & Trust Co. here. He
was named vice chairman last N o­
vember and replaces William N.
Mitten who died recently. Mr.
Schiermeyer served as president
from 1967-73.
GRAND ISLAND: Richard E.
Spelts J r., president of the First Na­
tional Bank here, has assumed the
additional responsibility of chief
executive officer. Chairman S. N.
Wolbach will continue as president
and chief executive officer of Bankshares of Nebraska, Inc.

G row w ith a
BANKERS’
BANKER

Call 1-800-362-1688, toll-free in Iowa

KEARNEY: Pat Cook has been pro­
moted to vice president and head of
the instalment loan department at
the First National Bank & Trust Co.
here. She has been with the bank
since 1977.
NEWCASTLE: Floyd A. Bernard,
66, cashier and manager of the
American State Bank here, died last
month following a long illness. Mr.
Bernard joined the bank in 1947.
RUSHVILLE: Bennett F. Johnson
has been named president of the
Stockmen’s National Bank here to
replace the late Albert Dale. Mr.
Johnson most recently served as
executive vice president at Rushville.

Bank of Dawson has announced the
election of Everett E . Kelley as pres­
ident to succeed Charles L. Kretchman who has accepted a position
with the Banco corporate office. Mr.
Kelley was formerly assistant vice
president and assistant manager of
the Groton branch of the First Na­
tional Bank of Aberdeen, S.D.
DODGE CENTER: L. Kenneth
Erickson has been elected president
of the Northwestern State Bank of
Dodge Center succeeding Lowell O.
Grasdalen who resigned effective
April 30. Mr. Erickson was most
recently vice president of the First
Northwestern National Bank in
Denison, Iowa.
M INNEAPOLIS: Mark H. Willes,
president of the Federal Reserve
Bank of Minneapolis, was named
vice president and chief financial
officer of General Mills, Inc. effect­
ive July iJj
Mi

Minnesota News
Seven full-day NOW Account
W orkshops sponsored b y the
Minnesota Bankers Association are
set for May 19-29. The workshops
will address the implications of leg­
islation enabling banks to offer
NOWs and a special Regulation E
session is planned.
Dates and locations are: May 19
—Grand Rapids; May 20—Detroit
Lakes; May 21—Willmar; May 22—
North Mankato; May 23—Roches­
ter; May 28—Bloomington, and
May 29—Minneapolis.
DAWSON:

Northwestern

State

Illinois News
CHICAGO: Henry W . Tymick has
been named executive vice president
of Pioneer Bank & Trust Co. and will
serve as chief operating officer and
corporate secretary. Most recently
he was senior vice president of oper­
ations and systems development.
ROCKFORD: Funeral services for
Philip N. Peterson, 78, a prominent
retired banker, were held recently.
He had served as president of the
First National Bank & Trust Co. of
Rockford for over 20 years before his
retirement in 1963.

Single System
Banking

Now

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

National Bank of Waterloo
Waterloo, Iowa 50704 Member FDIC

\ \
Phone Dick Jung
at 1-800-772-2411.

p -V l.

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FOR YOUR BANK
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& Health increases your Insurance commission
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(4) FAST CLAIMS PAYMENT, faster than the FHA Title
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Our Property Improvement Loan Insurance Plan insures all
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365 N. SADDLE CREEK ROAD
OMAHA, NEBRASKA68131

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Yes, I would be interested in obtaining more information regarding your property
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N am e................................................................... ....................................................................
Title
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Address ........................................................................................... ......................................
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Telephone
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Country Western for Group 5

R

EGISTRATION for Group 5 of the Iowa Bankers
Association will start at 10:00 a.m. at the Lake
Shore Country Club in Council
Bluffs, according to Richard Ran­
dall, group chairman and president
of the Dunlap Savings Bank.
Luncheon will be served at the
Club at 12:15 p.m ., and the formal
business meeting will start at 1:00
p.m. IB A President Leslie Olson
will preside at the May 19 meeting.
Keynote speaker will be Earl
Willets, assistant attorney general,
R. RANDALL
who will discuss usury and the new
banking laws. Tom Huston, superintendent of banking,
will comment on the current banking scene.
Members of the Iowa Bankers Association including
Dave McNichols, Mark Douglas, A1 Tinder and Sam
Callahan will give brief reports on Association activities.
Executive Vice President Neil Milner will report on the
legislative session concluded recently.
Activities will move to Club 64 for the evening meet­
ing. The social hour will start at 5:30 p.m ., and the
annual banquet will start at 7:00 p.m. Rusty Draper and
his country western music show is the entertainment.

by a buffet dinner at 7:00 p.m. An outstanding singing
group will be providing entertainment, Mr. Bolton re­
ports. Current Iowa banking status will be discussed by
Tom Huston, Iowa superintendent of banking, and Les
Olson, president, and Neil Milner, executive vice presi­
dent, both with Iowa Bankers Association.
Robert E. Chittenden, vice president and cashier,
Farmers Savings Bank at Mitchellville, is scheduled to
move from secretary to chairman, succeeding Mr. Bol­
ton for a two-year term as chairman and as a member of
the IB A executive council, effective with the September
state convention. A new secretary will be selected for a
two-year term.

Group 2 to Discuss Bank Issues

B

ANKERS may bring questions to the Group 2 meet­
ing at Starlite Village in Fort Dodge, on Wednes­
day, May 21, and enjoy a free-wheelmg, off-the-record discussion of key
issues facing banking. This anjjf
nouncement was made by Group
Chairman Earl J. Underbrink, president, First National Bank, Fort
.. I
Dodge.
Golf at Fort Dodge Country Club
will precede the formed meeting, and
starting times may be arranged
from 9:00 ^ .
through Craig
UNDERBRINK
Graham at 515-955-8551.
Registration will be held at 2:00 p.m ., and the pro­
ROUP 6 will offer an afternoon golf tourney, social
hour, dinner, election of new officers for the next two gram will start at 3:00 p.m. In addition to the informal
discussion by delegates, reports will be given by Tom
years and a brief business program,
Huston, superintendent of banking; Neil Milner, execu­
according to Group Chairman Don
tive vice president of the Iowa Bankers Association, and
A. Bolton, executive vice president
IB A staff members Dave McNichols, Mark Douglas,
of the Union State Bank in WinterDale Dooley, A1 Tinder and Sam Callahan.
set. Des Moines Golf and Country
The social hour will be held at Starlite Village, start­
Club will be the site of the May 20
ing at 5:30 p.m ., and dinner will follow at 6:30 p.m. The
meeting, located at the Ashworth
Iowa Central Singers will provide entertainment.
exit on 1-235 near West Des Moines.
A special program for ladies has been planned starting
Golf Chairman Bill Greaves, vice
at 3:00 p.m. at poolside, Starlite Village. Mrs. Earl
president at Central National Bank
(Pauline) Underbrink will preside. Fred and Marian Dal& Trust Co., Des Moines, said first
D. A. BOLTON
vey
will describe “ How to Conduct a Wine Tasting
tee-off time will be at noon.
The social hour will commence at 5:30 p.m ., followed Party.” Younkers will feature a style show.

Group 6 to Feature Golf

G

Join Us At Iowa’s
Vacation Spot!

Welcome to
Council Bluffs

• Golf
for

• Boating

Group 5

• Business

Annual Meeting
Monday, May 19

Group 12
May 22
Brooks Best Western


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

Lake Okoboji

Your hosts:
Council Bluffs Savings Bank
First National Bank
State Bank & Trust

Supplement to Northwestern Banker Newsletter 5-5-80

24-Hour Telephone Banking
AN ALTERNATIVE
OR A
COMPLEMENT TO
“Negotiable “0 ”rder of “Withdrawals
y

Some Facts On NOW’S
NOW accounts (an extension of AFT) are a reality
December 31, 1980.
NOW accounts probably will not work for the
average customer—high minimums and service
charges will eat up interest earned.
Will NOW accounts attract new money? Doubtful
as most extra is going into high interest certifi­
cates.
NOW’s will only apply to personal accounts. What
will you offer to your business accounts?
NOW accounts aren’t mandatory. You may decide
not offer to them.
Will you have an alternative or a complement to
NOW’s ready and working by December 31,1980?

Some Facts On
24-Hour Telephone Banking
1. You don’t have to wait until December 31, 1980.
You can have 24-hour telephone banking NOW!
2. 24-hour telephone banking allows customers to
transfer funds from savings to checking or vice
versa anytime.
3. 24-hour telephone banking is an alternative or
complement to NOW’s and all types of accounts
can use it.
4. 24-hour telephone banking allows customers to
earn a higher rate of interest than a NOW account.
5. 24-hour telephone banking is inexpensive to offer,
particularly compared to what a NOW program will
cost.
6. DCC, Inc. has more facts on NOW accounts and
24-hour telephone banking. We want to talk to you
NOW !!!!!

DIVERSIFIED COMMUNICATIONS COMPANY, INC.
9468 Western Plaza Omaha, NE 68114
Please have your representative contact me concerning 24-Hour Telephone
Banking.

'

INC.

Name

«DIVERSIFIED
. COMMUNICATIONS
.COMPANY
(402) 397-0128
9468 Western Plaza

Omaha, NE 68114
• Iowa

Digitized
for representatives:
FRASER
*Sales
Minnesota
https://fraser.stlouisfed.org
Missouri • Colorado • Wisconsin
Federal Reserve Bank of St. Louis

Title

Bank Name
A dd re ss__
City ______
Telephone

State

ZIP

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

Iowa News

H
H

Ig
*

BOONE: Benjamin Williamson has joined Citizens Na­
tional Bank here as vice president and trust officer. He
was formerly a trust officer at Hawkeye Bank & Trust
C o., Burlington, and succeeds Ann Stark who will be in
charge of customer services.

“Ups and Downs” to Group 12

INDIANOLA: T. J. Nicholls, vice president and cashier
of Peoples Trust & Savings Bank here, has been elected
corporate secretary of the bank, Farmers Credit Corpor­
ation and Peoples Company of Indianola. Peggy
Wickett was appointed secretary to the board of each
corporation, and Dick C. Stoffer was named commercial
loan officer and assistant trust officer at the bank.
SIOUX CITY: Valley State Bank has received consent
from the FDIC to open an office in the Southern Hills
Mall here.
HE POPULAR “ Ups and Downs” musical group
W ALFORD: Nicholas G. Volk has been elected assist­
will entertain Group 12 at its annual meeting at
ant vice president of the Farmers Savings Bank here. He
Brooks Best Western in Okoboji on
was formerly employed by the Iowa Department of Thursday, May 22.
Banking for the past six years.
Chairman M. J. “ Dick” Kuehl,
W ILLIAM SBU RG : Justin L. Collier has resigned as president of the Security State
vice president of the Farmers Trust & Savings Bank here Bank, Lake Park, says the group
to accept a position as executive vice president of the anticipates a good crowd since the
Williams Savings Bank. John R. Jones was promoted to meeting precedes the Memorial Day
weekend. Activities will begin with
vice president and trust officer.
a golf tournament with starting
times
between 9 a.m. and 10 a.m.
North Dakota News
Keith Campbell, president of the
WAHPETON: E. Justin Reynolds has been appointed Citizens State Bank, Sheldon, will
J‘ KUEHL
an instalment loan representative at the First Bank of be in charge of the tournament. A special feature for
North Dakota (N.A.)-Wahpeton. He was previously spouses will be a luncheon, followed by a style show,
employed by the First Bank of North Dakota-Fargo.
sponsored by the “ Clothes Peddler” of Spirit Lake.
The social hour and dinner will be held at Brooks Best
W EST FARGO: Funeral services for Kenneth A . Niel­
sen, 66, were held recently in West Fargo. He had served Western, and the formal business meeting and enter­
as president of the West Fargo State Bank until his re­ tainment will conclude the event.
tirement in 1975.

T

I

Iowa Group Meeting Programs
Wyoming News
Programs for Groups 8, 4, 7 and 3 are featured in the
CHEYENNE: Larry Catalano has been named a per­ May issue of the N o r t h w e s t e r n B a n k e r magazine. Pro­
sonal banking officer at First Wyoming Bank, N .A .- grams for Groups 5, 6, 2 and 12 are in this issue of the
Newsletter.
Cheyenne.
GREYBULL: M. L. “ Rob” Robinson has joined the
First National Bank of Greybull as vice president in
charge of consumer services. He has 22 years of financial
experience and was most recently senior vice president
at First Wyoming Bank, N.A.-Laramie.

Colorado News

•4

DENVER: Colorado Bank-Tech Center, the first full
service commercial bank in the Tech Center, opened for
business on April 21. Garth Thomas is president of the
new facility, which is located at 8401E. Belleview east of
Marina Square. Mr. Thomas was formerly president of
Boulevard Colorado National Bank. The bank is a sub­
sidiary of Colorado National Bankshares, Inc.
czHotdsx and
Bank Consultants

Specializing in Bank Acquisitions
515-232-0814
P.O. Box 450 405 Main Ames, Iowa 50010
D o n a l d E . H o l d e r , Principal

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Federal Reserve Bank of St. Louis

5

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CALL ON THE “PERFORMANCE TEAM”
where com m on transactions are handled uncom m only well.
FIRST NATIONAL LINCOLN
13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.I.C.

SERVING PROFESSIONALLY
Banking, Financial & Business Personnel
Iowa and Nationwide

CAPITAL PERSONNEL SERVICE
714 Central National Bldg. 515-283-2545
Dos Moines, Iowa 50309

Independent Management Services
Specializing in Bank Acquisitions
By Independent Investors
No Broker Fees
Cal 1515-223-1044
Homer Jensen
—
Dick Buenneke
3737 Woodland Ave.
Executive S uitel 20
West Des Moines, Iowa50265

•w a n t a d s w m N i " “UA'¿S WA
iDS WANT ADS
NT APS WANT A T ftnR WANT ¿

P A R T IA L LIS T OF
A V A IL A B L E A P P LIC A N TS

FOR SALE
Burroughs TT-102 electronic on-line teller machines,
1-3 years old. $1850 each (original cost $3400). Call
(214)757-7760._____________________________ (FS)

15,000

Consumer Banker with large bank ................

14,000

AG LENDING OFFICER. . .SEM inn. . . . $16-18,000

Farm Manager for large bank wants ag
lending ...........................................................

16,000

AG LOAN REP. . .O h io ............................$25-30,000
COMMERCIAL. . .Iowa ..........................$20-25,000

Loan Officer with good operations
experience .....................................................

12,000

LOAN OFFICER. . .Iow a ........................$15-20,000

AVP & Trust Officer, has insurance
lic e n s e s ...........................................................

18,000

A G B A N K IN G C AREERS

LOAN OFFICER. . . W. Iowa ..................$15-18,000

Ag Lender, five years experience ....................$16,000

CREDIT SUPERVISOR. . . O h io ..............$17-21,000
Since 1968, banks and other ag-related employers
have been paying us to find the personnel they need.
For more Information, give Linda (our banking spec­
ialist) a call today.

BOri G4REERS,INC.
m J

AGRICULTURAL

BANKERS PARTICIPATING

I

I LeasePlan.Inc.

545 - 31st Street

Des Moines. Iowa 50312

R. L. “DICK” SELLON • P.D. “DUANE” DEVAULT

|

Ag Loan Officer/Office Manager— Immediate opening
in southeast Iowa bank of $25 m illion. Experience
necessary. Send resume and background to Farmers
& Merchants Savings Bank, Lone Tree, IA 52755. (PA)
Cashier— Southeast Minnesota bank of $20 million is
seeking aggressive individual experienced in operat­
ions, EDP, reports and lending. Excellent salary and
benefits. Send resume to file KBD, c /o Northwestern
Banker.___________________________________ (PA)
INSURANCE AGENCY MANAGER— Person with in­
surance agency manager experience, or experienced
and fully licensed agent, as manager for agency in
west central Minnesota. Long established agency
with potential fo r sound growth located in county seat
town, good trade center. Good starting salary and
fringe benefits with incentive program. Reply to file
KBF, c /o Northwestern Banker._______________(PA)
Loan Officer, with agricultural lending experience,
needed in $65 m illion bank near Iowa City. Contact
John Hughes, President, H ills Bank & Trust Co., Hills,
IA 52235; (319)679-2291._____________________ (PA)
Commercial Lending Officer, with minimum of three
years strong commercial experience, to head depart­
ment. Send resume to Dale Thompson, P.O. Box 727,
St. Cloud, MN 56301.________________________(PA)
BANK CONTROLLER WANTED: Controller fo r $60
m illion central Iowa bank with one-bank holding com­
pany and other operating entities. Prefer CPA with one
to five years experience. Salary open depending upon
experience and qualifications. Send resume to
K.M.M., Box65133, West Des Moines, IA50265. (PA)
If you are seeking a qualified officer for your bank, call
Malcolm Freeland, president, Freeland Financial
Service, Inc. at (515) 244-8163. Experienced people are
available from $20,000 to $40,000. Employer pays
service fee.________________________________ (PA)

We’re people you can
turn to for investments.

............

23,000

VP/Real Estate Analyst fo r mortgage
company .........................................................

25,000

President in $22MM bank, wants larger
b a n k ................................................................... 30,000
President, stable background, varied
experience .....................................................

35,000

ALL FEES PAID BY MANAGEMENT
FOR FURTHER INFORMATION
RESPOND IN CONFIDENCE TO:

Addressograph equipment. Send information to Box
607, Boone, IA 50036.______________________(WTB)

POSITIONS A V A IL A B L E
OPERATIONS—#2 position in large Iowa bank. Major
are of responsibility w ill be check processing and re­
lated departments.............................................. 25,000
CORRESPONDENT BAN K E R — M ajor M inn esota
bank seeks strong commercial lender to handle non­
ag overlines. No travel........................................ 30,000
BRANCH OFFICER— Metro Iowa location. Prefer con­
sumer loan and supervisory background.......... 20,000
INSTALMENT LOAN— Major midwestern bank needs
second man for instalment department. Must have
solid background in indirect financing............. 25,000
JUNIOR OFFICER— Large Minnesota bank w ill train
individual with degree and 1-2 years general bank ex­
perience for correspondent position.................. 16-18K
OPERATIONS— Management position in $60MM
Minnesota bank. Prefer data processing background
and in metro bank experience............................ 25,000

CASHIER— Several openings in rural Iowa, Kansas,
Nebraska and Minnesota banks. Insurance licenses
helpful.................................................................. 18-22K

To inquire about a position please submit resume and
salary history.

^
;

712/ 277-6625

SECURITY NATIONAL RANK
M EM BER F .D .I.C .

20,000

PRESIDENT— $8MM rural bank close to college com­
munity. Agri loan background required............ 26,000

We’re more than western Iowa’s largest bank.
MS
We’re people.

IN SIOUX CITY, IOWA.

23,000

AVP & Branch Manager, a generalist ............

PRESIDENT— $75MM suburban Kansas bank. Degree
and commercial loan experience in a large bank re­
quired...................................................................... Open

For investment services, data processing, ag lending
and overlines . . . we’re the people you can turn to.

Jim Hongslo
Vice President

17,500

Trust Officer, small bank experience ............

VP with solid experience in all areas

PERSONNEL RECRUITERS

POSITION AVA ILABLE

FO RSA LE

Heavy mortgage experience, V A/FH A /
CONV .............................................................

Commercial credit and loan experience,
large b a n k ............................................................ 17,500

(515)394-3145_____________ New Hampton, IA 50659

Burroughs TR-102 electronic teller machines. Upgrad­
able to on-line; 2-3 years old. Guaranteed. Freight
paid. $995 each (original cost $2100). Call (214)
757-7760._________________ l_______________ (£S)
NCR 152-70 teller machines. Completely recondition­
ed; 15 days free trial. Guaranteed. Freight paid. $775
each. Call (214)757-7760.____________________ (FS)
NCR 1550 electronic teller machines. Guaranteed.
Freight paid. $895 each. Call (214)757-7760.
(FS)
Burroughs L9000 Computer Model 9541-300. Three
cassette stations; stripped ledger reader; matrix print­
er. Excellent condition. Under maintenance. Call
Royal at (712)277-2011.______________________ (FS)
Six NCR 1550 electronic teller machines. Call (512)
258-7101.
(FS)
Fifteen NCR 279-200 on-line teller machines less than
one year old, on maintenance. $2050 each. Concentrators and couplers available. Call (512)250-0794. (FS)
One Burroughs B-80 computer, 64K, one super floppy
disk, $4500. One Burroughs L9300 with two cassettes,
$5500. One Burroughs L8500 with one cassette, auto
reader, paper tape reader and punch, $4500. Two Bur­
roughs L5000 with auto readers, $3000 each. Any or
all. Call (512)250-0795._______________________(FS)

Three years installment experience ................ $14,000
Cashier, BA and one year exp erien ce............

R M
© 1980 Security National Bank

TO M H A G A N & A S SO C IA T E S
OF K A N S A S C ITY
P.O. Box 12346 / 2024 Swift
North Kansas City, Missouri 64116
________________ (816)474-6874________________

Vol. 9 No. 2 Northwestern Banker Newsletter [USPS 873-300] is published weekly by the Northwestern Banker Company, 306 Fifteenth
Street, Des Moines, Iowa 50309. Subscriptions 25 cents per copy, $8.00 per year. Second class postage paid at Des Moines, Iowa.

Address all mail subscriptions, changes of address [Form 3579], manuscripts, mail items to above address.
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