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• October 21,1985 Des Moines, Iowa Vol. 14 No. 27 H ouse W a y s and M eans K nocks O ut Rem oval o f Bad-D ebt Reserve year period. The Flippo amendment retains the bad-debt reserve tax deduction and increases it from .6% Committee voted against repeal of presently to as much as 1.5% of the bad-debt reserve tax deduction loans. A second action by the House used by commercial banks nation wide. In addition, an amendment to Ways and Means Committee would the tax overhaul bill under discus take away from financial institu sion was offered by Rep. Ronnie Flippo (D., Ala.) and adopted as part of the overall 17-13 vote favorable to retaining the loan loss provision. Rep. Flippo and Rep. Bill Frenzel (R., Minn.) had prepared a separate bill on the loan loss reserve and Mr. Flippo offered that as an amend ment and saw it incorporated as part of the vote. Observers said Rep. Dan Rostenkowski (D., 111.), chairman of the House Ways and Means Committee was “ livid” after the vote, and indi cations were that he won’t rest until the decision that would increase the deduction for bad-debt (the Flippo amendment) is brought up later for tions the right to deduct interest costs attributed to holding tax- ex another vote. Sen. Wm. Roth (R., Del.) is spon empt securities they acquire after January 1, 1986. That is in opposi sor of a similar bill in the Senate. The goal of President Reagan and tion to the 80% deduction of interest Rep. Rostenkowski is to end the costs banks now enjoy. Donald Ogilvie, executive vice bad-debt reserve completely, require banks to write off loan losses as they president of the American Bankers actually occur, and then return their Association, stated after the House current loan loss reserves into the Ways and Means Committee action stream of taxable income over a 10- on the bad-debt reserve and the MAJOR victory was won by the banking industry on October 15 A when the House Ways and Means amendment offered succesfully by Rep. Flippo: “ This amendment, which was supported by ABA in its testimony before the Committee, will enable and encourage bank man agement to maintain reserves con sistent with the risk inherent in the bank’s loan portfolio and with cur rent banking practices...(it) will pro mote safety and soundness of banks.” Mr. Ogilvie further stated, “ The original proposal to eliminate the bad debt reserve tax deduction would only discourage additions to loss reserves. Moreover, it would ac tually increase pressure to write off troubled loans and could have an adverse effect on the overall credit granting process by making it diffi cult for some borrowers to obtain credit.” In concluding remarks in his press staement, Mr. Ogilvie noted, “ ...the elimination of the bad debt reserve tax deduction would be a particularly disturbing move” in light of the present economy. □ 1st Natl., St. Joe Fails; Commerce Assumes Deposits The 91-year old First National Bank of St. Joseph, Mo., was closed Friday, October 11 by the Comp troller of the Currency after being declared insolvent and the FDIC ac cepted the high bid of Commerce Bank of St. Joseph, N.A., to assume First National’s total deposits of ap- Call on the “Experienced Professionals” Ready to meet your correspondent needs. ^ First N a tio n a l Lincoln A FirsHer Bank Member. F.D.I.C. 13th & M Streets, Lincoln, Nebraska 68501 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 a Credit Life & Disability Licensing School to be held December 9-10 at Call (515) 245-3131 or toll-free (800) 362-2514 the Holiday Inn—Capital Plaza, Des NORWEST BANKS Member FDIC Moines. School hours will run from 9:00 a.m. to 5:00 p.m. the first day and 8:00 to 5:00 the second day. If you plan to stay at the school Yearn work: site, you can make your reservations directly with the Holiday Inn. Be one of the reasons sure and mention the IBIS school we’re first in Iowa. for special room rates. Registration must be received by December 2 at Mark Conway John Rigler the IBIS office in Des Moines. Fee for bankers is $45 and for non proximately $140 million. The three board meeting. He will oversee the bankers $55. existing offices of First National are operation of the offices previously now facilities of Commerce Bank of owned by First National. A t the Nebraska News St. Joseph and re-opened Tuesday, same meeting, Emil Sechter was The Nebraska Bankers Associa October 15, at 8:00 a.m. under the elected president and chief lending tion 1985 Loss Prevention Work officer of the bank. Mr. Sechter is new name. shops will be held the first week in James M. Kemper, chairman of senior vice president of Commerce November at three locations. The Commerce Bancshares, Inc., Kansas Bancshares and previously was Loss Prevention Workshop is for all City, the parent company of Com senior vice president of the Com bank employees working with the merce Bank of St. Joseph, said the merce Bank of St. Joseph. public. Local law enforcement offi resulting bank “ will have total as cers are welcome to attend. Iowa News sets of approximately $240 million, Don Towle and Dave Abendroth, Iowa Bankers Insurance and Ser making Commerce Bank the second president and vice president, respec vices, Inc. will be presenting Insur largest in St. Joseph with deposits tively, of the Kansas Bankers Sure of approximately $220 million, ance Continuing Education Semi ty Co. from Topeka, Kan., will pre backed by a strong capital position nars at five locations during the month of November. The seminars sent the workshops. Registration of over $17 million ” will begin at 8:30 a.m. each day and William A. Carpenter, president are approved by the Insurance De the workshop will run from 9:00-3:15. partment of Iowa for ten hours of in and CEO of Commerce Bank of St. Fee is $40 for the first registrant Joseph, was named chairman and surance CECs. Early registration is and $30 for each additional person; CEO of the bank at an October 14 encouraged as space is limited. Locations for the seminar are: $50 at the door. The three locations for the work Hyatt Des Moines on November 4; shop are Ogallala Holiday Inn on Red Fox Inn, Waverly, on Novem November 5; Grand Island Midtown ber 6; Ironmen Inn, Iowa City, on November 8; Hilton Inn, Sioux City, Holiday Inn on November 6, and on November 12; and Holiday Inn, Omaha Holiday Inn on November 7. Red Oak, on November 14. SCRIBNER: Tom R. Collins has Each seminar will run from 8:00 joined the Scribner Bank as senior a.m. to 6:20 p.m. Pre-registration for vice president and director. Mr. Col bankers is $45 and for non-bankers lins had been serving as vice presi $65. Registration at the door for dent at Norwest Bank, Grand Is bankers is $55 and for non-bankers land, formerly First National Bank. $75. For registration or more infor mation, contact Jeanette M. Elling SIDNEY: Dwight B. Stubbs has ton, IBIS, Inc., 104 E. Locust St., been appointed senior vice president Des Moines, IA 50308 or call of American National Bank here. Most recently Mr. Stubbs served as 1-800-532-1423 or (515) 286-4371. senior vice president in charge of all * * * loans at First State Bank of Gothen IBIS, Inc. will also be sponsoring burg, where he has been since 1975. Norwest Bank Des Moines, N.A. ASK D IC K R E T Z to make MNB work for you. Toll free 1- 800- 332-5991 Merchants ^ National Bank 151 Member F.D.I.C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A BANKS OF IOWA BANK Make The National Bank o f W aterloo your custodian bank! »The National Bank o f W aterloo is an approved custodian bank for the state o f Iowa. >Fast, efficient com puterized >Provides pledging system reporting system . to secu re public funds. >Low, low m onthly fees under our system . Call: 319-291-5235 for complete details. Write: Attn: Don Stonewall, Vice President The National Bank of Waterloo 100 E. Park Avenue Waterloo, IA 50703 3 * ABA Ag Bankers Conference Theme Is ‘Building the Business of Agriculture’ • • 6 A T A TIME when many bankers r \ necessarily have their attention riveted on trying to solve ag loan problems of recent months and new ones that are surfacing, the American Bankers Association’s Agricul tural Bankers Division will meet November 10-13 at the Hyatt Re gency in Dallas, Tex., for its 1985 National Agricultural Bankers Conference. The focus of the meeting this year shifts to the future with the theme, “ Building the Business of Agriculture.’’ tonk, Billie Bob’s. The latter is famous for its 600 feet of bar rails on four levels, its own rodeo arena for bull riding, and western entertain ment music and miles of dance floor. The Grand Reception Tuesday evening is at Union Station, adja cent to the Hyatt Regency. Now a five-star historic landmark, it ser viced 80 trains daily when it opened in 1914. The Conference will conclude on a light note with a special address by Tom Lasorda, the well-known mana- M. DUNCAN • • • • • ^ ® Chairman of the Conference will be Michael E. Fitch, vice president of Wells Fargo Bank, N.A., San Francisco. The other six members of his Conference planning committee include three bankers from upper midwest states—C. B. Neal Conover, chairman, First National Bank of Creston, la.; Don Hopwood, senior vice president, First National Bank of Petersburg, 111., and Gary Wrage, president and CEO, Roseland State Bank, Roseland, Nebr. The program will feature several d istin gu ish ed general session speakers and a series of 25 concur rent sessions focusing on the latest in techniques and technology on topics ranging from credit analysis to stress management, the Farm Credit System, asset liquidation, FmHA loan programs and many more. Special features of the Conference include an address at a Fellowship Gathering Sunday morning by the renowned Dr. Norman Vincent Peale of New York City. After a full day of work on Monday, registrants will be taken to nearby Ft. Worth for a real Texas-style outing—first for a “ TexMex” dinner at Joe T. Garcia’s, and then to the world’s largest honky https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A.R. TUBBS ger of the Los Angeles Dodgers. All ABA member banks have re ceived a registration packet that in cludes information on another excel lent program for spouses. The Con ference program follows: Sunday, November 10 A.M. 10:00 Registration desk opens. P.M. 1:00 Fellowship Gathering with Dr. Norman Vincent Peale and the Texas A&M Univer sity Singing Cadets. 6:30 Opening Reception. Monday, November 11 A.M. 7:00 Continental Breakfast 8:00 General Session. Welcome Address—Michael E. Fitch, Conference Chair man. “ W elcom e to D allas” — Mayor of Dallas. “ Building the Business of Agriculture” Keynote Ad dress—Jerome Green, presi dent and CEO, J.I. Case, Inc., Chicago. “ The Farm Credit System: Current Challenges and Fu ture D irections” —Marvin Duncan, senior deputy Gov ernor, Farm Credit Adminis tration, Washington, D.C. Newsweek Magazine Peri scope Panel of Editors. 10:00 Coffee Break. 10:30 Concurrent Sessions. Noon Luncheon—Speaker will be a farm state Congressional leader. P.M. 2:00 Concurrent Sessions. 3:15 Coffee break. 3:30 Round Table Consulting Sessions (adjourn at 5:00 p.m.) 6:00 A Fort Worth Excursion to Joe T. Garcia’s for dinner and then to Billie Bob’s honky tonk. Tuesday, November 12 A.M. 7:00 Continental Breakfast. 7:15 Concurrent Sessions. 9:00 General Session. “ Special ABA Message” — Mark W. Olson, president elect ABA and president, Security State Bank, Fergus Falls, Minn. Concurrent Issues Forum in Peer Groups. P.M. 12:15 Luncheon on own. 2:00 Concurrent Sessions (to 4:45 p.m. with 3:15 p.m. coffee break). 6:00 Grand Reception at Union Station (to 7:00 p.m.). Wednesday, November 13 A.M. 7:00 Continental Breakfast. 7:30 Concurrent Sessions. 9:00 General Session. “ ABA Agricultural Bankers D iv isio n R e p o rt” —M r. Fitch and Alan R. Tubbs, 1984/85 chairm an A B A Agricultural Bankers Divi sion and president, First Central State Bank, DeWitt, la. ‘ ‘ Agricultural Outlook ” — John F. Marten, staff econo mist, Farm Journal Maga zine, West Lafayette, Ind. 10:45 Special Address—Jo Ann Smith, president, National Cattlem en’ s A ssociation, Denver, Colo. Special Concluding A d dress—Tom Lasorda, man ager, Los Angeles Dodgers. 11:45 Adjournment of Conference. □ Send Your News Today to the NORTHWESTERN BANKER TELL US ABOUT. . . 1535 Linden Street, S uite 201 DES MOINES, IOWA 50309 Staff Changes Business Campaigns Mergers, Consolidations New Departments at the Bank Remodeling or New Building BANK ......................................................................................... OFFICER ........................................................................ TITLE CITY https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis STATE Open Houses Anniversary Parties Deaths or Retirements Speeches Made by Bank Officers Special Announcements to the Public Minnesota News ates of Verona, Wise. He is founder assistant vice president and assis The board of directors of Bank of and former president of Aurora Sys tant manager at First Bank Huron. Commerce, Mankato, has elected tems, Inc. The second day will begin He has been with First Bank of Keith Boleen as president, chief ex at 8:00 a.m. with Mark C. Mach- South Dakota since 1968. ecutive officer and a director. Most temes, regional manager of Red recently Mr. Boleen was executive Wing Business Systems, Red Wing, vice president of the Fargo National Minn., and follow with more from Montana News Bank and Trust Company, Fargo, Mr. Mataya and Mr. Farin. The The Montana Bankers Associa seminar will conclude at noon. Re N.D., and prior to that he was senior tion is sponsoring a Media Forum to vice president at Norwest Bank of gistration can be made with the be held Tuesday, October 29 at the NDBA office in Bismarck. Bismarck. Colonial Inn, Helena, from 9:00 a.m. to 1:00 p.m. North Dakota News South Dakota News The program is designed to in October 28-29 are the dates set for The South Dakota Bankers Asso crease the level of understanding of the “ M icrocom puter Seminar” ciation in cooperation with the Montana’s financial services indus sponsored by the North Dakota American Bankers Association will try among working journalists. Bankers Association. The seminar be holding a Bank Secrecy Act: Topics to be discussed include the will be held at the Kirkwood Motor Money Laundering Seminar at the bank examination process, analyz ing a statement of condition, what Inn, Bismarck. Kings Inn, Pierre on October 29. Registration fee in advance for happens when a bank fails and the The first day of the seminar will begin with registration from 11:30 the first registrant is $150 and $95 banking structure. Cost of the forum is free and lunch a.m. - 1:00 and follow at 1:00 with for each additional person. A t the presentations by Darryl Mataya, door it is $160 for the first and $105 will be provided compliments of the president, Aurora Systems, Madi for each additional person. Registra MBA. son, Wise., and Thomas A. Farin, tion can be made through the SDB A president, Easely, Farin and Associ- office in Pierre. * Correspondent Banking Are you happy with your present availability schedule? If not, call United Missouri. Let’s face it. The sooner you get it, the faster you can invest it. That’s why United Missouri’s new avail ability schedule can help cut costly float time. Our national clearing pro gram, competitive pricing and dayto-day personal service make United Missouri one of the best sources of correspondent services in the coun try. Give us a call for information, then make comparisons. We think you’ll call us again. tin U N IT E D M IS S O U R I B A N K Member Foie Qf K an sas C ity , ii.a . 10th and Grand, P.0. Box 226 Kansas City, Missouri 64141 (816) 556-7900 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * * A nationwide teleconference on “ Problem Loans: Detecting, Solv ing, Preventing” will be held November 19 from 10:00 - 3:30 p.m., sponsored by the American Bankers Association. The South Dakota Bankers Association, in cooperation with the ABA, will be offering the teleconference at the Sheraton Inn, Aberdeen. Faculty for the teleconference in clude: Moderator—Robert P. Chamness, partner, McKenna, Conner and Cuneo, San Francisco, Calif., and Panelists—Daniel W. Persinger, vice president, Continental Bank, Chicago, 111.; J. Michael Woody, ex ecutive vice president, First Na tional Bank of Oklahoma City; J.W. Young, vice president, Mellon Bank, P ittsbu rgh , Pa., and D ennis McCuistion, McCuistion and Asso ciates, Irving, Tex. Registration is $115 and can be made by contacting the SDBA of fice in Pierre. HURON: First Bank of South Da kota, Sioux Falls, has elected Dwayne Backes vice president at First Bank Huron. Mr. Backes has served for the past seven years as FINANCIAL PLACEM ENTS a division of BANK NKWS 816/421-7941 Job Openings CEO/PRESIDENT— C o lora do— $48K CEO/PRESIDENT— O klahom a— $45K CEO/PRESIDENT—W yo m in g — $40K CEO/PRESI DENT — K ansas— $40K SVP SR. LENDER— lo w a -$ 5 5 K EVP MGR— K ansas— $45K + EVP MGR— M isso u ri— $45K + EVP SR. LENDER— O klah om a— $55K EVP AGRI LOANS— K ansas— $40K SVP TRUST OFFICER— Nebr— $45K VP’S COM’L LOANS— W is — $40K VP’S COM’L L O A N S - K a n s a s -$ 4 5 K VP RETAIL BANKG— Iow a— $Open HC AUDIT MGR— M isso u ri— $40K VP COM’L/AG LOANS— Ks— $36K MGR TRUST— Kansas— $30K CONS/COM’L LN MGR— N. Mex— $37K TRUST/FPLN/MKTG— K ansas— $40K AVP OPERATIONS— K ansas— $35K CASHIER/OPERATION— Iowa—$25K + AVP CASH/OPER— K ansas— $27K AVP COM’L/CONS— O klahom a—$30K AVP AG LOANS— K ansas— $30K AVP AG LOANS— C o lora do— $24K AVP COM’L LOAN— N ebraska— $26K OTHER POSITIONS AVAILABLE PLEASE INQUIRE Serving bankers quietly and efficiently. CAPITAL PERSONNEL SERVICE 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 If you are interested in a career move, mail your resume in strict confi dence to FINANCIAL PLACEMENTS, P.O. Box 13786, K.C., Mo. 64199, or call 816-421-7941. POSITIONS AVAILABLE B A N K IN G S P E C IA L IS T S LENDING • TRUST • OPERATIONS SENIOR VICE PRESIDENT ■ LOAN ADMINISTRATOR— Reports to Bank’s Chief Executive Officer and Is respon sible for planning, organizing, and directing the Bank’s overall lending operations. Must be knowledgeable In all facets of lending. Position has staff support of nine loan officers. Applicant must have excellent track record for se curing new business. Send resume and salary require ments, In confidence, to Personnel Officer, P.O. Box 1548, Minot, North Dakota, 58702. (PA) SENIOR COMMERCIAL LOAN OFFICER to head up Commerclal Loan Dept. Excellent career opportunity. Contact Larry Gelslnger, Senior Vice Pres., Hawkeye Bank & Trust, Spencer, IA (712) 262-1940.________________________ (PA) JUNIOR AQ LOAN position open In a $45 million dollar bank In East central Iowa county seat town. A clean bankl Prefer two to three year ag loan experience. Send resume and salary requirements to File No. WDU, c/o Northwest ern Banker. (PA) OPERATIONS OFFICER TRAINEE position available in $45 million dollar bank In East central Iowa county seat town. Prefer banking background-wlth heavy emphasis on accounting. Potentially head operations department. Please send resume and salary requirements to File WDV, c/o Northwestern Banker. (PA) Serving the Entire Upper Midwest For Prompt, Courteous, Professional Attention T o Y ou r S ta ffin g Needs, Call On U s. Diane Evans 816/842-3860 R e g e n c y RECRUITERS, INC. 1102 Grand Avenue, Kansas City, MO 64106 BANKING OPPORTUNITIES COMMERCIAL LENDERS—openings in MN, IL, IA. S30-55K. PROFESSIONAL RECRUITERS, INC. P.O. Box 24227 Omaha, NE 68124 1-800-225-2885, In NE (402) 397-2886 POSITIONS AVAILABLE $ AQ LENDERS - 2-5 years experience. N.C. and W. Iowa. $25-35K. BRANDT CURRENCY/DOCUMENT COUNTER. Like new. Call Marley (515) 756-3361. (FS) 1977 NCR MODEL 775 PROOF MACHINE. Contact Roger Engelkes, (319) 824-5431. (FS) REBUILT NCR (LUNDY) MICR READER SO R TER -for off line fine sorting. Also, other Rebuilt Banking Equipment. Please call (307) 634-7402._________ (FS) BANKERS AVAILABLE EVP - Professional with hands-on approach and multitude of lending exp In the $40m and under size facility. Holding co training In ag, comm’l and consumer lending with ag emphasis. Supervisory skills and analysis oriented. $45K. AQ LOAN OFFICER • Heads-up lender with 8 + yrs bank ing within a major bank system Is looking for a good career move. Grew up on farm and has good ag mind with comm’l expertise In $60m + banks. $27K. CEO • Exceptional #1 person with history of 1.1 + ROA In ag oriented Institutions of $70m + . Oversaw ag portfolio of $25m + and kept It In shape. $10m In comm’l loans with 20 + yrs In banking over 10 as a CEO. $50K. BRANCH MANAGER * Will be supervising opera tions for this credit union In E.C. Iowa. Need ex perience in consumer and R.E. loans. Bank experi ence is excellent. Degree preferred. To $32K. PRESIDENT - Need experience as a CEO of a small bank. Position Is In a $25mm bank In Central Kansas, near Wichita. To $50K. ALL FEES ARE PAID BY OUR CLIENT EMPLOYERS. Richard L Beam, CPC QUMBERT EXECUTIVE EXCHANGE, INC. 11248 Davenport Street Omaha, NE 68154 Phone: 402/330-3260 Member National Personnel Associates We’re Nationwide c z d fo td s x C M .d P.O. Box 450 Donald 515-232-0814 405 Main Ames, Iowa 50010 E. Ho lder, Principal FARM APPRAISALS!! Call FIRST INTERSTATE today for appraisal and farm management services throughout lowal ALL FEES COMPANY PAID SR. AQ LENDER, college grad, 20 years experience with good loan record, prefer to locate In town of 25,000 + . VP A CASHIER, college degree, 12 years experience, quali fied to be EVP or CEO, prefer northern Minnesota location. VICE PRESIDENT-LENDINQ, Iowa State grad., 4 years banking experience, prefer central Iowa location. EVP COMMERCIAL LENDINQ, college graduate, 20 years banking experience, prefer eastern Iowa, western III. Freeland Financial Service 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6482 Employer pays fee. Estate Appraisals Purchase of Collections Sale o f Rare Coins R eliab le and respected service for over 20 years U sed by bankers throughout the m idwest Ben E . Marlenee Coins P O S IT IO N S A V A I L A B L E AQRI-LOAN • senior lender for $40MM Ag Bank. Work out loan experience desired. $38K COMMERCIAL LOAN • middle management position with $100MM + suburban bank. Need two-four yrs. experience. $28K PARTIAL LIST OF AVAILABLE BANKERS FOR FURTHER INFORMATION CONTACT: KURT ROSENCRANTS AT (515) 244-4414 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 AQ LOAN OFFICER, college graduate, experienced in agri business and bank lending, qualified to run large ag lend ing dept., 10 years solid experience. Bank Consultants Specializing in Bank Acquisitions FIRST INTERSTATE Farm Appraisals are made by trained and experienced appraisers. Our ap praisal reports provide you with the reasoning and data that Is used in making the appraisal Judg ment. R O B E R T BMB1JF COMMERCIAL LOAN OFFICER, examiner background with commercial work out loan experience, qualified to head loan division $100-$200 million bank. 913 Locust Des M oines, Iowa 50309 515-243-8064 COMM’L LENDER - Workout and documentation special ist with hard hitting approach to large line credit and com puter analysis. Has had loan portfolio training through both state and large bank schools. $20K. <H M ► <H N > f M> COMMERCIAL LOAN OFFICER, 20 years experience with $190 million bank, good lending record, prefer midwest area. Please call Malcolm Freeland or Cy Kirk in care of: Contact Barbara J. Ritta at USED EQUIPMENT FOR SALE LeFebure Vault Door, Safe Deposit Boxes, Dlebold Klask, Diebold Night Depository Chest. If Interested call Richard Moore at (402) 371-8005. _______________________________________________ (FS) CASHIER, college grad, top grades, trained with major midwest holding company, 8 years solid experience. TRUST INVESTMENT OFFICER, college degree & MBA, 12 years experience, good banking background. AG LENDER—western NE, 2 + yrs experience. BANK FOR SALE— Located In attractive Iowa county seat community. Reply to File WDT, c/o Northwestern Banker. ._______________________________________ (FS) EVP, strong operations and lending background, 12 years experience In $50 million bank, qualified for CEO. AQ LOAN OFFICER, graduate of University of Illinois, ag finance, 3 years experience with Federal Land Bank, prefer Illinois location. TRUST OFFICER—2 yrs Employee Benefits, large organization. $25K. NCR 775 16 POCKET, NCR 8271 COMPUTER, NCR 6420 PRINTER, NCR 670 CHECK SORTER, NCR 7121 MODEM, NCR CRT 796, NCR CRT C-7901. Call Randy or Ralph (712) 434-2289________________________________________(FS) Bankers Available CEO, college grad, strong ag background, 15 years experi ence, prefer community bar.k. Farm Management and Land Services Division First Interstate Bank of Des Moines, N.A. Sixth and Locust Streets Des Moines, Iowa 50309 (515) 245-7009 Iowa WATTS (800) 362-1615 SECOND OFFICER • Ag-orlented bank with large cattle loan portfolio. Previous administration experience a plus. $40K COMMERCIAL/INSTAL. LOAN • community bank with large retail base. Time will be split evenly between com mercial and Instal. credits. $25K CREDIT OFFICER • develop and oversee credit dept, for growing suburban bank. Good advancement possibilities. $20K ALL INQUIRIES CONFIDENTIAL. PLEASE FORWARD RESUME. TO M H A G A N & A S S O C IA T E S 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “Serving the Banking Industry Since 1970” Vol. 14 No. 27 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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