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November 16,1987 Des M oines, Iowa Vol. 16 No. 31 Norwest Semiannual Survey Reports * Brighter Ag Picture in 7-States XCELLENT crop yields, gov E ernment grain subsidies, high livestock profits and lower produc tion costs have pumped up farm in come, boosting spirits in agricul tural areas, according to Norwest Corporation’s 23rd semiannual sur vey of bankers in the Upper Mid west. Dr. Sung Won Sohn, chief of Norwest’s economics department in Minneapolis headquarters, reported on results of the survey, which drew replies from 850 bankers in Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota and Wisconsin. Complete survey results are available in Economic Indica tors, a bimonthly publication of Norwest’s economics department. According to Dr. Sohn, Twin cities bankers also were optimistic about their local economy. And bankers on the Minnesota Iron Range reported improvement in eco nomic conditions. On the farm front, survey results indicated that many farmers are en joying excellent earnings, debt levels are being reduced, credit quality is improving and land values are up for the first time since 1981. While the bankers reported that farmers with considerable debt still are struggling, the number of farm ers going out of business dropped to the lowest level in four years. Because of these positive factors, the agricultural bankers’ confidence index rose to the highest level since 1978. “Virtually all bankers expect stable to strong economic conditions during the next month,” Dr. Sohn said. “Nevertheless, bankers note th a t m ainstreet businesses in smaller rural towns continue to struggle, expressing concern over lack of jobs, declining populations and increased competition from larger retail centers.” Bankers also predicted moderate ly lower farm income next year, with lower returns on livestock feeding, a 2 percent drop in target prices for grains and a reduction in dairy price supports. Bankers were more guarded about prospects beyond 1988 and pre dicted that debt-wise farmers could be better off, but those who have not gotten debt under control could have problems. According to the region’s bank ers, cropland prices are up four per cent from a year ago, halting a fiveyear decline, with Iowa and Neb raska bankers reporting the greatest increases. Two-thirds of the bankers look for fairly stable land prices dur ing the next year, while 30 percent expect further increases. On the average, bankers esti mated that 2.2 percent of their cus tomers quit farming during the past 12 months, down from a peak of 3.8 percent and the lowest number in four years. The bankers also pre dicted that fewer customers will dis continue operations during the next year and estimate that nearly 90 percent of their current farm cus tomers will survive in the long run. Survey results show the volume of problem farm loans continues to trend downward. Bankers in the seven-state region indicated that, on average, 4.1 percent of their farm loans were nonperforming in Octo ber, down from 6.1 percent a year ago. Bankers reported that, in dollar terms, about 80 percent of their farm loans are experiencing little or no repayment problems. The bankers participating in the survey indicated that farm loans de clined an average of five percent from a year ago, with a wide vari ance, according to location. The big gest loan declines occurred in Min nesota and Montana, while Wiscon sin bankers reported increased farm loan-volume. Dr. Sohn said “while farmers continue to repay debt, some banks have become more ac tive in soliciting new farm loans.” Deposits at agricultural banks were up only 1.8 percent from a year ago, according to the survey. De posit growth was strongest at Wis consin banks and weakest in Mon tana. Dr. Sohn said bankers reported Together We Can Accom plish Great Things Call Dennis Earhart, MNB Correspondent Banker 319-398-4789 or Toll Free 1-800-332-5991 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Strength Eastern |owa Merchants National Bank 2 Norwest Bank Des Moines, N.A. NORWEST BANKS Call (515) 245-3131 or toll-free (800) 362-2514 Member FDIC Used by bankers throughout the midwest October 1987 IRA seminars in December. “ IRA 87/88—The New Concepts” will be held on December 1 at the Holiday Inn, Cedar Rapids and on December 2 at the Holiday Inn—University Park in West Des Moines. Registration is at 8:30 a.m. and the seminar runs from 9:00 a.m. until 4:00 p.m. A number of topics will be discussed by Collin Fritz and Randy Heidmann, including the newly released IRA Distribution Regulations applicable in 1987. Fee covers materials, refreshments and lunch, and is, for first attendee, $100 for IB A members, $125 for subscibers and $150 for non-members. For additional attendees, fee is $85, $115 and $140 respectively. Contact the IBA office to register. * * * The Central Iowa Chapter of the Bank Administration Institute is of fering a seminar on “Financial In d u stry R ecruitm ent” featuring David L. Hansen of Hamilton & As sociates. I t will be held on November 19 at the Airport Hilton in Des Moines. Social hour is 5:30 with dinner at 6:30. Cost is $13.50 for members and $16.50 for non members. To register, contact Joyce For Professional Correspondent Service Call 1-800-622-7262 There Is A Difference In Banks... Valley National Bank â Main Office - Sixth and Walnut DES MOINES, IOWA 50304 A BANKS OF IOWA BANK Member FDIC JAMES F. MacLEAN Vice President H. PETER DeROSIER Vice President Ben E . Marienee Coins 913 Locust Des Moines, Iowa 50309 515-243-8064 Buck at Central State Bank in State Center. * * * 0 The IBA has available IRA, SEP and Qualified Plan brochures and statement stuffers for use by Iowa banks. These materials may be im-Q printed with your bank name or used as is, and are avaiable in quan tities from 100 to 25,000. For more information, contact the IBA office. ADEL: Elizabeth Garst has been® elected CEO and chairman of the board of the Raccoon Valley State Bank in Adel. She was previously business manager of the Garst Seed Company and an investment officer® for the World Bank in Washington, D.C. BLOOMFIELD: D istrict Court Judge Phillip R. Collett ruled from ^ his Wapello County court in Ottum wa that First Interstate Bank of Des Moines is entitled to keep the approximately $3 million in pro perty acquired by First Interstate 0 from Exchange Bank of Bloomfield prior to the demise of the Bloomfield Bank in September, 1983. The pri vate bank was not subject to regula tory supervision and the Iowa super- Q intendent of banking had no authori ty over the bank until the Exchange Bank owners came to him seeking help prior to the collapse. The super intendent later filed the action # against First Interstate, maintainS E R V IN G T H E U P P E R M ID W E S T Holding company formations and other management services R eg ency RECRUITERS, INC. SW ORDS ASSOCIATES. INC. P R O FESSIO N A L B AN K IN G CONSULTANTS https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 Brush Creek Blvd. Kansas City, MO 64112 (816) 753-7440 # Reliable and respected service for over 20 years Jay Nichols Iowa News The Iowa Bankers Association, in conjunction with Collin W. Fritz and Associates, will offer a repeat of the • P u rch a se o f C ollectio n s Sale o f R are C oins Teamwork: one of the reasons we’re first in iowa. the typical interest rate charged for farm operating loans averaged 11.5 percent in early October, up only slightly from April. Nearly 90 percent of Twin Cities bankers rated local economic condi tions good to very good—higher marks than in the survey last spring, Dr. Sohn said. General retail sales, housing starts and capital ex penditures are stronger than a year ago, but auto sales are lagging, the bankers reported. Dr. Sohn pointed out that most Twin Cities bankers expect little change in overall economic condi tions during the next six months. Bankers in northern Minnesota and Wisconsin indicate that current economic conditions are stronger than last April. Metal-mining em ployment is up, perhaps signaling the end of the downturn on Min nesota’s Iron Range. Improvement has also occurred in tourism, log ging activity, paper production and Great Lakes shipping. □ E state A ppraisals Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 IOWA BANKERS PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HAVE YOUR PREMIUMS SKYROCKETED? We have been solving Bankers bonding problems for over 75 years .. . AND AT THE LOWEST POSSIBLE PREMIUM! CALL OR WRITE IOWA BANKERS INSURANCE AND SERVICES, INC. 104 EAST LOCUST STREET DES MOINES, IOWA 50308 1-800-532-1423 or (515) 286-4344 KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TOPEKA, KANSAS 66601 (913) 234-2631 SOUTH DAKOTA BANKERS ‘ PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HAVE YOUR PREMIUMS SKYROCKETED? Are you FORCED to write one type of insurance with a company at a higher premium, just so they will write another type of policy for you? IF SO... PLEASE CONSIDER THIS We have been solving Bankers bonding problems for over 75 years . . . AND AT THE LOWEST POSSIBLE PREMIUM CALL OR WRITE KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 TOPEKA, KANSAS 66601 (913) 234-2631 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis OWNED BY BANKERS SERVING BANKERS The Farm Tax Saver Newsletter Editor Trenna Grabowski CPA, Farmer On the cutting edge... FARM TAX SAVER ...of cutting taxes for as little as 29è W e’ll im prin t you r firm ’s lo g o on th e FARM TAX SAVER m on th ly n e w s le tte r and y o u ’ll g e t th e c re d it for cu ttin g you r farm c lie n ts ’ ta x e s . Every m onth remind your farm clients th at your firm is always there with top-notch service and fresh ideas your name, firm _____ address □ Send me a free issue of the FARM TAX SAVER □ I’d like to know about bulk subscription investm ent levels □ Send information regarding logo im printing and newsletter delivery https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis phone Return this card to FARM TAX SAVER Farm Progress Cos. 580 WatersEdge Lombard, IL 60148 312/953-1100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Send Your News Today to the NORTHWESTERN BANKER TELL US ABOUT. . . 1535 Linden Street, Suite 201 DES MOINES, IOWA 50309 S ta ff Changes Business C am paigns M ergers, C onsolida tions New D epartm ents at the Bank R em odeling or New B uild in g BANK .................................................................................................. OFFICER .............................................. ................................. TITLE CITY https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis STATE Open Houses A nniversary Parties Deaths o r R etirem ents Speeches Made by Bank O fficers S pecial A nnouncem ents to the P ublic 4 BANKING "Professional assistance in hiring and career advancement" ^ R eers quality service by experienced professionals 525 Merle Hay Tower Des Moines, Iowa 50310 515-276-1151 Jean Eden Sandi Garner 515- 276-1151 515- 832-1258 Tues / Wed / Fri Confidential. Fees Paid by Employer. ing the Des Moines bank conspired with the former owners in the trans fer of assets to the detriment of bor rowers. Depositors in the defunct private bank lost $7.5 million and re portedly are prepared to file suit against the Iowa banking depart ment and the Iowa insurance depart ment with the claim that those two divisions failed to act earlier. The department of banking had not yet decided last week whether it would appeal the Wapello County Judge’s d e c isio n w hich s a id F ir s t Come to the Investment Specialists committed to quality. Interstate’s dealings with the pri vate bank owners “appear more con sistent with generally recognized business methods than fraudulent transfers.” after that date it is $80. Register through the NBA office. ^ * * * The NBA’s Financial Planning Conference will be December 2 and 3 at the Kearney Ramada Inn. The conference will examine the areas o # operations, systems, marketing/customer relations and products/services and will provide a thorough and practical approach to financial planning. On the 2nd, the prograir# begins with registration/continental breakfast at 8:30, and adjourns at 4:00, with a reception at 5:00 and dinner at 5:45. On the 3rd the schedule runs from 8:30 to noon. Fee# includes materials, two breakfasts, one lunch, the reception and dinner, and is $110 until November 27, $130 after. Advance registration fee for spouses wishing to attend the recep# tion/dinner is $20, and $40 after the 27th. COUNCIL BLUFFS: Greg Blow has joined First National Bank of Council Bluffs as the tru st depart ment manager. He has 12 years of trust experience. His previous posi tion was as vice president and manager of the trust department for NORTH PLATTE: The FDIC has approved the assumption of thdB FirsTier Bank, Grand Island, Neb. deposit liabilities of the American Security Bank, North Platte, by North Platte National Bank, North Nebraska News On December 1, the Nebraska Platte. American Security Bank, Bankers Association will offer its with total assets of $24.7 million,# 1987 Advanced IRA Conference at was closed on October 30 and its two the Kearney Ramada Inn. Con offices reopened on the 31st as bran ference leader is Robert M. Martin- ches of North Platte National. The dale, president of Martindale and latter will assume about $24.0 Associates. He will present informa million in deposits and has agreed t<# tion and lead discussion of interest pay the FDIC a purchase premium to personnel with several years of of $750,000. It also will purchase IRA adm inistration experience. certain of the failed bank’s loans and Registration/continental breakfast other assets for $16.2 million. To is at 8:30 and the conference runs facilitate the transaction, the FDIC# from 9:00 to 4:30 with a noon lunch. will advance about $7.2 million to Before November 27, fee is $60, and the assuming bank and will retain assets of the failed bank with a book value of about $8.4 million. Minnesota News MINNEAPOLIS: Jim Smith, for merly vice president of Marquette In these times of change and uncertainty, rely on the time-tested quality invest ment recommendations of the Investment Banking Division of United Missouri Bank. Ikg UNITED MISSOURI BANK Member FD.C 10th & Grand • P.O. Box 419226 Kansas City, Missouri 64141-6226 (816)556-7200 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The PC Reporter (1099*) is a new lowcost way to meet 1RS requirements for “ Magnetic Media Filing” on 51/4" disks for forms 1098, and all 1099s. It’s faster and easier than paper! Cost: only $349 plus $4.50 shipping. Demo disk available—$11.50 incl. shipping. Write or phone: R.C. Remer, Pres. Milada, INC. PO Box 191 Johnston, IA 50131 (515) 278-9540 Requires IBM® or compatible 384k RAM minimum. Iowa orders add 4% sales tax. We Can Help With Your Employment Needs! S pecialists in Bank R ecruiting and Consulting Since 1971 □avid L. Hansen, CCP HAMILTON ASSOCIATES 100 Court Ave., Suite 306 □es Moines, Iowa 50309 515/282-0221 F irs T ie r More o f what it takes to serve you well. Correspondent Services :eB dS Ip ^ F irs T ie r B an ks Lincoln • Omaha FirsTier Bank, N.A., Lincoln and FirsTier Bank, N.A., Omaha, Members FDIC Bank Minneapolis’ northeast office, has been promoted to vice president • b f consumer services for Marquette Bank Minneapolis. He was senior vice president for retail, operations and data processing for Fidelity .Banks when Fidelity was acquired • b y Bank Shares Incorporated, holding company for Marquette Bank, in 1986. * Iflinois News EVANSTON: First Illinois Corpora tion has declared a five share for four share split of its common stock. • This marks the seventh split of the common stock in the last four years. First Illinois recently reported re cord earnings for the third quarter and nine months ended September #30. W isconsin News BROWN DEER: Brown Deer Bank aqri carers,inc. _J AG BANKING PERSONNEL SPECIALISTS Marty 712/779-3567 Massena, IA 50853 Annette 515/394-5827 New Hampton, IA 50659 Confidential. Employer paid fees Colorado News COLORADO SPRINGS: United Banks of Colorado, Inc. has an nounced that Jere L. Elliott has been elected president and CEO of United Bank of Garden of the Gods in Colorado Springs. Thomas P. O’Rourke remains chairman of the North Dakota News board. Mr. Elliott has more than 13 The N orth D akota Bankers years banking experience, most Association will present a “Banker’s recently as president, chairman and Role in Economic Development’’ CEO of United Bank of LaSalle. Conference on December 2 at the Holiday Inn in Grand Forks and on December 4 at the Holiday Inn in Bismarck. A variety of speakers will “THE RIGHT FIT” a d d ress to p ics in clu d in g th e banker’s role, the state’s role, Banking Placement Specialist federal loan programs, the role of the community development group and For Your Staff: a b u sin e ssm a n ’s p ersp ectiv e. □ Top Professional Bankers who are Registration/continental breakfast confidentially screened to find “The is at 9:00 and the program runs from Right Fit” 9:30 until 4:00 with noon lunch. □ We recruit nationally through our over kelhaupt, Brian Casper and Arlene Bussard vice presidents. Ms. Leicht, Mr. Bickelhaupt and Mr. Casper previously were a ssistan t vice presidents in the commercial divi sion. Ms. Bussard was assistant vice president and personnel director. South Dakota News MADISON: FMB Bankshares, Inc., a recently formed bank holding com pany located in Madison, has an nounced the acquisition of First Bank of South Dakota, Madison branch. The new bank will be known as First Madison Bank. Dan Culey has been elected president and CEO. John Eikanger was elected vice president and cashier. Mr. Culey most recently served as president of First Bank of South Dakota— Madison. Mr. Eikanger was the bank’s vice president. 200 independent affiliates as well as locally for our clients □ Contingency or Retainer Fee arrange ments □ Contact Sue Lundquist or Mel Hansen, CPC Banking Specialists ---m ug — ELLS Ells Personnel Systems 1129 Plymouth Building Minneapolis, M N 55402 612-333-1131 CELEBRATING OUR 7 5 th ANNIVERSARY BY SERVING OUR BANKING CLIENTS WELL! COUNTONIt Count on Commerce for superior capabilities and personal attention to your correspondent banking needs. A combination weVe upheld for more than 120 years. Give us a call. 1- 800* 892-7100 1- 800- 821-2182 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (Outside Missouri) i« t Com m erce Bank o f Kansas City 6 POSITION W ANTED P O S IT IO N A V A IL A B L E EXECUTIVE VICE PRESIDENT $34MM Bank located in beautiful resort area. Oversee the day to day function of bank. Send resume to File No. WKT c/o Northwestern Banker.________________________________________ (PA) Seasoned COMMERCIAL/REAL ESTATE LENDER with analytical & management experience for expanding $25MM bank located in major metropolitan area in the midwest. Could be 2nd man for the right person. Send resume to File No. WKI c/o Northwestern Banker. (PA) OFFICER NEEDED to manage recently remodeled branch of suburban bank in major Nebraska city. Business devel opment experience & commercial & consumer lending skills preferred. Send resume to File no. WLI c/o North western Banker._____________________________ (PA) COMMERCIAL LOAN OFFICER—$300MM bank. Iowa. Re quires 2-5 years commercial lending experience & formal training in same. $25-$32,000. Contact File No. WLK c/o Northwestern Banker. (PA) POSITION AVAILABLE Can’t anybody sell themselves today without a recruiting firm? Prove me wrong! We are looking for an AG LOAN OFFICER who is an ef fective communicator/extrovert/focused/assertive/ energetic/decisive/confident/self-starter/com petitive/with 5-8 years ag lending experience. You make your own rewards! Contact the Adams Bank & Trust, c/o Jim Prange Box 720, Ogallala, Nebraska 69153 Deadline November 20th, 1987. COMMERCIAL LENDER— MBA with 6 years plus banking experience; excellent credit analysis and loan review skills; currently responsible for commercial and consumer loans in $26MM suburban bank. Contact File No. WLJ c/o Northwestern Banker. (PW) Dwayne Smith Banking Insurance Specialist (515) 224-0830 SALES CONSULTANTS 1501 50th Street West Des Moines, IA 50265 POSITIONS AVAILABLE. AG LOAN OFFICER—Community bank needs an aggres sive, promotable lender who has the desire to move up. Degree plus excellent people skills.................... To $30,000. TRUST OFFICER—Will supervise and direct the Employee Benefits department of a large Trust division. JD preferred but not required..................................................... To $40,000. COMMERCIAL LENDER— Polished professional with for^ mal credit training and proven leadership ability. Will supervise and direct 3 loan officers in a large commercial department of a metro bank............................. .. .To $50,000. Financial Careers, Inc. Two Ruan Center/Sulte 1000, Das Moines, IA 50309 515/245-3786 Employer pays fee. | Please contact Lorraine Lear or Malcolm Freeland con cerning these and other Midwest banking opportunities. Paul W . O lander Com pany Bank Stock Appraisals and Loan Reviews 1073 Plummer Lane S.W. Rochester, MN 55902 (507) 285-9271 POSITIONS AVAILABLE CORP. CHIEF CREDIT OFFICER— Need several years of extensive comm. & ag exp. - Omaha, ma jor bank. To $45K. AG LENDER— North Central Nebraska - Degree • 1-3 yrs exp. $40+ mill. bank. To $25K. All fees are paid by our client employers. cJ^oCcLex and (zdh±ocLatE,± Specializing in the Purchasing and Sale of Banks 515-232-0814 405 Main Ames, Iowa 50010 Richard L. Beam, CPC GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 68154 Phone: 402/330-3260 Donald E. Holder, Principal COL. GORDON E. TAYLOR FOR SALE Box 949 - Mason City, la. 50401 515/423-5242 RECONDITIONED BRANDT Coin Sorters-Counters BRANDT Currency Counters New Warranty 402-571-5577 Professional Auctioneer Real Estate Broker and Appraiser D O N m C H O O L E R Jn AND f/r û li& îr n f j JiBil A S S O C IA T E S "Successful Banking is Quality Personnel" POSITIONS AVAILABLE HEAD OF COMMERCIAL LENDING, $150mm + bank, $75mm portfolio, medium sized town. ....................................................................... $60,000. Serving bankers quietly and efficiently. BUYING A N D SELLING USED EQ U IPM EN T CONTROLLER, $75mm bank, strong accounting, budgeting..................................................$35-40,000. FACILITY MANAGER, $175mm bank, bus. dev., all loans.......................................................... $29-34,000. CAPITAL PERSONNEL SERVICE AMERICAN BANK EQUIPMENT INC. 8909 BEDFORD #6 OMAHA, NE 68134 402-571-56212 REAL ESTATE LENDER, $100mm bank, bus. dev., secondary market.................................... $25-30,000. 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 BANKERS AVAILABLE AG LOAN OFFICER Are you looking to expand your horizons? Top quality ag bank offers opportunity to become well versed in commer cial, ag real estate, consumer and operations. Using a team approach this successful $50M + bank seeks 5 year ag person with desire to do it all. $28K. VP OF COMM’L Reach for the top! Dynamic staff in large bank commercial dept, desires experienced lender w/supervisory exp., com munications skills and ability to move up in an organiza tion. Will be given $20M + loan portfolio and 3 very sharp lenders to manage. $50K. RETAIL HEAD Run things your way. High visibility position in fast grow ing marketplace for sharp retail lender. Must have some commercial, heavy retail lending and be able to market to new customers. Position has mgt team responsibilities and offers unlimited potential. $52K. TRUST OFFICER Get the recognition you deserve. One of the MW’s finest organizations seeks 2-4 year trust person from small bank to move into metro market. New business coming in every day. $29K. FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS ROBERT HALF or I O W A .M C . 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID AG LENDER, $75mm bank, $5mm portfolio, medium sized town..................................$30-35,000. AG LENDER, $25mm bank, $5mm portfolio, small town........................................................... $25-30,000. AG LENDER, $20mm bank, $4mm portfolio, small town........................................................... $25-30,000. TRUST OFFICER, #2 in dept., estates, medium sized town................................................. $25-30,000. DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417) 882-2265 PO SITIO NS AVAILABLE I SENIOR LOAN ADMINISTRATOR Seeking a new challenge? A medium sized bank in a key N.D. city seeks a Sr. Loan Administrator to manage the en tire lending function of $60mm. Must be degreed with 10 + yrs coml/ag lending exp. A terrific opportunity to demon strate how good you really are! To$55K. Job #NW2539^ PRESIDENT Are you ready for the #1 spot? A profitable bank located in S.E. Minnesota seeks a President with excellent lending POSITIONS AVAILABLE skills. This position will give you the opportunity to man TRUST MARKETING ■ large urban bank. Requires degree age independently but also offers the support of a holding and trust experience. $35K company. Desire degreed professional with 10+ yrs com l/. To$50K. Job #NW2540* REAL ESTATE LOAN - single family residential and secon ag lending exp. dary market experience required. Proximity of major metro EXECUTIVE VICE PRESIDENT area. $40K LOAN REVIEW - large bank experienced required. Both Itching for a new opportunity? A S.E. Minnesota bank junior and senior level positions available. $28-$40K wants a #2 person who has excellent ag lending skills. This position will provide lending leadership to the junior COMMERCIAL LENDING - V.P. positions in urban and officers. Seek well rounded generalist with 5 + yrs ag lend large suburban banks. Personal portfolios from $20MM to ing exp and a strong work ethic. To$35K. Job#NW2541.( $50MM. $40K FOR MORE INFORMATION BRANCH MANAGER - handle small business and con CONTACT PAUL GENTZKOW sumer credits. Med-size community affiliate of multibank OR JAN PETERS holding company. $24K Additional listings for commercial lending and trust officers. Resume’ requested. TOM HAGAN & ASSOCIATES P.O. Box 12346/2024 Swift North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” ROBERT HALF (MF M M N E S O T A , M C 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 ALL FEES COMPANY PAID Vol. 16 No. 31 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 https://fraser.stlouisfed.org St., #201, Des Moines, Iowa 50309. Federal Reserve Bank of St. Louis
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