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Vol. 13 No. 27 Des Moines, Iowa October 22,1984 Interstate Banking Issue Discussed Moines. a In the meantime, the Nebraska Bankers Association is pursuing ac tion of its own. As a follow-up to its survey to de termine membership interest in dis cussing interstate banking, the NBA has scheduled a special confer ence for Friday, November 16 at the Kearney Holiday Inn. It will run from 9 a.m. to 4 p.m. The conference will be limited to chief executive officers or their de signated representatives of Nebras ka banks only. The NBA executive council mem bers voted at their September 27 meeting in Kearney to conduct the survey. Within a short time, NBA had replies from 182 banks, or 40% of the membership, and 177 of them, or 97% of respondents, said they be lieve interstate banking is an appro priate issue for the NBA to concern itself with at this time. In addition, 158, or 87% of those replying, stated they would attend such a confer ence. Based on the overwhelming im mediate response, the NBA adminis trative committee decided to go ahead with the conference at once. It will be organized along the lines of the ABA Leadership Conferences, with presentations pro and con slated during the morning session, then, following lunch, participants Nebraska Action HE subject of regional interstate Petty; Representatives Bernard banking continues to surface Brinkman, Lon Heinitz and Wesley among legislative bodies in upperSkoglund; John Jackson, general Midwest states. Last Friday, Oc counsel, Minnesota Bankers Asso tober 19, at the request of Wisconsin ciation; Norb McCrady, executive State Representative Tom Loftus, vice president, and Larry Redman, the National Conference of State both with Independent Bankers of Legislatures conducted a meeting in Minnesota; Mark Conrad, Pam Milwaukee attended by approx Berkwitz and Bill Kelly, Norwest imately 100 state legislators and Corporation; David Heizer, Lisa bankers from eight states. Lebedoss, Becky Malkerson, Ron The purpose of the meeting, accor Pratt and Sherrill Rantala, First ding to the NCSL letter of invita Bank System; David Dahl, Fed tion, was “ to discuss* midwest re Bank of Minneapolis; Ross Kramer, gional banking options and oppor Randolph Morris and Sandra Neren, tunities.” Legislators, bankers and attorneys, Messerly, Roe & Kramer, bank association representatives Minneapolis. were invited from Illinois, Indiana, Registered from Iowa were: Sena Iowa, Michigan, Minnesota, Mis tors Cal Hultman, Edgar Holden, souri, Ohio and Wisconsin. The topic Bill Hutchins, George Kinley and of regional interstate banking has Jack Rice, Representatives Kay surfaced in legislatures of some of Chapman. and Hugo Schneckloth; those states. In Minnesota, for ex Bill Logan, president, Bruce Meri ample, the Governor has strongly wether, president-elect, and Wes promoted it, but was defeated in the Ehrecke, governm ent relations past session. director, all with Iowa Bankers As The first such regional conference sociation; Richard Berglund, ex was called by a Nebraska legislator ecutive vice president, Iowa Inde earlier this year; however, Nebraska pendent Bankers; Mick Guttau, was not included in this conference. president, Treynor State Bank; Registered for the October 19 Forbes Olberg, Iowa Development meeting at the Market Plaza Hotel Commission; Ronald Rowland, legal in Milwaukee were the following counsel, Legislative Service Bureau from Minnesota: of Iowa legislature; Stephen Byrnes, Senators Betty Adkins, William Norwest Corporation, Des Moines, Belanger, Michael Freeman and Eric and James West, attorney, Des ■ ASK DOUG KEIPER to make MNB work for you. Toll free: 1-800-332-5991 Merchants National Bank Member F.D.I.C. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis is i A BANKS OF IOWA' BANK 2 Guest speaker for the meeting is Vicki Krecek, manager of the agri cultural council of the Greater Omaha Chamber of Commerce. The monthly business meeting will fol low Ms. Krecek’s presentation. For reservations call Jackie Boryca, 731-4900, extension #237. * * * We’re Security for You At Security National Bank, w e’re people you can count on to handle all o f your Correspondent Banking needs. So, start corresponding with us. W e’re Security for you! SECUR ITY N A TIO N A L B A N K IN SIOUX CITY. IOWA. M EMBER F.D .I.C. D ennis Nahnsen Vice President and Manager Correspondent Banking Services 712-277-6768 will be divided into smaller groups to discuss the issue in an effort to gain a consensus. This will form a re commendation for consideration and potential action by the NBA execu tive council. The issue of interstate banking has been before the Nebraska state legislature twice this year. Both times it was indefinitely postponed after hearings in the banking com mittee. The first occurred last spring in the regular session. The second defeat came August 26 when Sen. John DeCamp’s banking com mittee killed the bill 6-4 after it had been presented to a special session of the legislature by Gov. Robert Kerrey on August 16. The legisla ture executive board by-passed the committee structure and sent the bill directly to the floor, to the dis may of Sen. DeCamp, as well as most in the banking industry. On a point of legislative rule, Sen. DeCamp got the bill back in commit tee where it was killed. The NBA’s effort to obtain a membership consensus through the survey and upcoming conference fol lowed. □ sociation Staff Training Seminar scheduled to be held that day in Council Bluffs has been changed to Thursday, November 8. Times and location remain the same. CEDAR RAPIDS: A t Merchants National Bank, the following promo tions have been announced: Jerry D. Strait to vice president, trust divi sion, financial services products; Thomas J. Watson, vice president, personal banking division, and Jim mie D. Henley, vice president, sys tems and procedures group. The Nebraska Bankers A s sociation’s 1984 Qualified Re tirement Plan Seminar will be held November 14 at Kearney Holiday Inn and November 15 at the Omaha Marriott. Registration for this one-day sem inar is $80 per person, which in cludes all seminar materials, breaks, refreshments and lunch. Send regis tration to Nebraska Bankers Associ ation, 525 South 13th Street, Lin coln, Neb. 68508. OMAHA: Norwest Bank Omaha, N.A., recently announced the pro motion of Thomas L. Patton and Myron H. Peterson to vice presi dent. Mr. Patton has been with the bank since 1972 when he joined the instalment loan department. Mr. Peterson joined the bank in 1978 as a credit trainee. WEST DES MOINES: Raymond G. Johnston has been elected senior vice president in commercial lending of West Des Moines State Bank, ac cording to David L. Miller, presi SWANTON: Controlling interest in dent and chairman. Mr. Johnston the Bank of Swanton has been pur previously was associated with chased by Thomas D. Bass, presi United Central Bank of Des Moines, dent of the bank, and his father, serving in various capacities in Dean Bass, from James D. Krantz, cluding trust officer, senior vice president, First National Bank in president-commercial lending and Bayard. In addition, the balance of president and CEO until November, the stock was purchased by Dee 1981. Most recently he was with Ann Schwisow, vice president and cashier. Mr. Bass transferred to the R.G. Dickinson & Co. Bank of Swanton as executive vice president in 1981 and was named Nebraska News president later that year. Previously The Mid Plains Group of the Na he was with Sioux National Bank in Iowa News tional Association of Bank Women Harrison. Ms. Schwisow joined the Because many Iowa banks will be will hold their October meeting at bank in 1971. closed on Veteran’s Day, Monday, the Omaha Club, 20th & Douglas on November 12, the Iowa Bankers As Tuesday, October 23 at 6:30 p.m. Estate Appraisals Purchase of Collections Strategy Your opponents in the financial field are getting more competitive every day. To stay ahead in the gam e requires a strategic plan that includes strong correspondent banking services and teamwork. American Trust has built a professional lineup and an impressive string of services. Call Bernie M iller today for the rundown. 319/582-1841. Am erkanUTrust Cr Savings Danl^ The Danl^qf Opportunity https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Sale o f Rare Coins Reliable and respected service for over 20 years Used by bankers throughout the midwest Ben E . Marlenee Coins Town Clock Plaza Dubuque, Iowa 52001 Member FDIC and FRS 913 L ocust D es M oines, Iowa 50309 515-243-8064 • 0 # • ^ ^ • ® ® m Supplement to Northwestern Banker Newsletter 10-22-84 IRA “ EZ” FORM Only one page to com plete, the IRA “ EZ” form contains everything you need to establish an IRA ac count, including: 1) IRS form 5305-A with Article IX language 2) Disclosure Statement 3) Designation of Bene ficiaries Concise Article IX Language The Article IX language is con cise and provides the custodian great flexibility in administer ing their IRA programs: 1) Agents are authorized to p erform admi nistrati ve functions (i.e. Data Processing) 2) Amendments including those relating to fees, can be easily made 3) The customer accepts responsibility for the tax consequences of contribution. Instruction page is com plete and easy to under stand, compare it with any other product on the market. S uperior d ocu m en ta tion !!! The custodian receives an exact copy o f what is furnished to the customer, including the financial disclosure section and all other portions of the Disclo sure Statement. A professional administrative staff requires a copy, compare it with the com petition. "sg ssr Cost The IRA “ EZ” form is very competitively priced, a quality prod uct at a reasonable price! Copyrighted by: Collin W. Fritz & Associates Des Moines, Iowa Brainerd, Minnesota Product Description: 8 V2 x 11 - 7 page carbonless snap-a-part booklet. Special Note: For orders requiring imprinting, straight block type with black ink will be used. State your institution’s name, address and zip code. For orders requiring special imprinting, contact us for special pricing. IRA “ EZ” FORM - *50 Non-Imprinted Imprinted 50 $49 N/A 100 69 98 147 188 243 299 374 454 Additional pricing on larger quantities available. Return This Card Now - No Postage Required or Call Collect - 515-244-8163 Send to: NORTHWESTERN BANKER 306 Fifteenth Street Des Moines, la. 50309 It’s So Easy!!! Please ship the following: Quantity Description IRA “ EZ” FORM — Non-Imprinted □ Imprinted □ Price $ Postage & Handling Total Institution City_________________________________ State__________________________________ Zip Phone (__________ ) __________________________________________ Ordered B y ________ D ate______________________________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 7.50 $ B U S IN E S S R E P L Y C A R D FIRST CLASS PERMIT NO. 101, DES MOINES, IOWA PO STA G E W IL L BE P A ID BY A D D R E S S E E NORTHWESTERN BANKER 306 FIFTEENTH ST. DES MOINES, IOWA 50309 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 10-22-84 IRA “ EZ” FORM Concise Article IX Language The Article IX language is con cise and provides the custodian great flexibility in administer ing their IRA programs: 1) Agents are authorized to p e rf o r m admi nist rat ive functions (i.e. Data Processing) 2) Amendments including those relating to fees, can be easily made 3) The customer accepts responsibility for the tax consequences of contribution. Only one page to com plete, the IRA “ EZ” form contains everything you need to establish an IRA ac count, including: 1) IRS form 5305-A with Article IX language 2) Disclosure Statement 3) Designation o f Bene ficiaries Instruction page is com plete and easy to under stand, compare it with any other product on the market. S uperior d ocu m en ta tion !!! The custodian receives an exact copy o f what is furnished to the customer, including the financial disclosure section and all other portions of the Disclo sure Statement. A professional administrative staff requires a copy, compare it with the com petition. " ¡ö s s 1 Cost The IRA “ EZ” form is very competitively priced, a quality prod uct at a reasonable price Copyrighted by: Collin W. Fritz & Associates Des Moines, Iowa Brainerd, Minnesota Product Description: 8 V2 x 11 - 7 page carbonless snap-a-part booklet. Special Note: For orders requiring imprinting, straight block type with black ink will be used. State your institution’s name, address and zip code. For orders requiring special imprinting, contact us for special pricing. IRA “ EZ” FORM - #50 Non-Imprinted Imprinted 50 $49 N/A 100 250 147 188 69 98 500 243 299 1000 374 454 Additional pricing on larger quantities available. Return This Card Now - No Postage Required or Call Collect - 515-244-8163 Send to: NORTHWESTERN BANKER 306 Fifteenth Street Des Moines, la. 50309 It’s So Easy!!! Please ship the following: Quantity Price Description IRA “ EZ” FORM — Non-Imprinted □ Imprinted □ $ Postage & Handling Total Institution City_________________________________ State__________________________________ Zip Phone (__________ ) __________________________________________ Ordered B y ________ D ate______________________________________ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 7.50 $ B U S IN E S S R E P L Y C A R D FIRST CLASS PERMIT NO. 101, DES MOINES, IOWA P O STA G E W IL L BE PA ID BY A D D R E S S E E NORTHWESTERN BANKER 306 FIFTEENTH ST. DES MOINES, IOWA 50309 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 10-22-84 Where success is etched in quality. he success of your bond J portfolio is a function of quality investments. After all, quality is your best assurance of growth in earnings. ■ United Missouri’s Investment Banking Division can make sure you’re investing in high quality securities. W e offer exactly what you want. And, for over 50 years, our track record for making successful recommendations has been excellent. Undoubtedly due to our consistently high standards; Call or write us today. W e’ll hold your investm ent information in the strictest confidence. Investment Banking Division UNITED MISSOURI BANK M em ber FDIC United we grow.Together. 10th and Grand o P.O. Box 226 o Kansas City, Missouri 64141 plfiS ^ mm https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 10-22-84 Attention ■ All Iowa and Nebraska Bankers IOWA • NEBRASKA BANKERS IRA - QUALIFIED PLANS by COLLIN FR ITZ & ASSOCIATES Collin W. Fritz IRA AGENDA (Essentials) The IRA seminar’s purpose is to furnish a compre hensive explanation of IRA rules, regulations, admin istrative requirements & procedures & marketing is sues. The seminar is directed towards financial insti tution pesonnel who work with IRAs. The changes mandated by the Tax Reform Act of 1984 (TRA-84) & the Retirement Equity Act of 1984 (REA-84) will be thoroughly discussed and illustrated. These topics will be covered in detail; 1. Plan documents & disclosure 2. Administration services 3. Tax changes 4. SEPs 5. New distribution rules QUALIFIED PLAN AGENDA (Formerly HR-10 KEOGH) The purpose of the qualified plan seminar is to pro vide the BASICS of qualified plans in an easy to un derstand manner. After this seminar an individual should have the information needed to advise wheth er and in what manner a financial institution should seek pension deposits by offering pension services. HELP! Business customers are and will be looking for someone to help them with their pension needs. Every pension plan in the United States must be up dated to comply with these major law changes: (1) The Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA): (2) The tax Reform Act of 1984; and (3) The Retirement Equity Act of 1984. All three laws make significant changes in qualified plans. Fees: Dates and Locations: October 24, 1984 November 5, 1984 November 7, 1984 November 19, 1984 November 20, 1984 November 27, 1984 November 29, 1984 $85 for first registrant $75 for each additional registrant Conway Civic Center Holiday Inn 72nd St. Harbor House Holiday Inn I-80 Holiday Inn Savery Hotel Highlander Waterloo, IA Omaha, NE Storm Lake, IA North Platte, NE Grand Island, NE Des Moines, IA Iowa City, IA Seminar Schedule: Registration - 8:15 Seminar Begins - 9:00 Morning Break - 10:30-10:45 Lunch - 12:00-1:15 Conclusion - 4:00 REGISTRATION FORM Site______________ _________________________________________________ Name of Bank --- --------------------------------------------------------------------------- — ------City _______________________ State _____________ Zip _______ Phone _________________ __ ________________________________ — -------- NAME AMOUNT ___________________________________ _______________________ $ __________ ____________________________________ _____________________ $ _________ _________________________________ ________________________ $__________ ________________________________ _________________________ $ _________ Total Enclosed $ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M A IL T O : Collin W. Fritz & Associates 3211 Wakonda Court Des Moines, IA 50321 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 C a ll o n th e “ E x p e rie n c e d P r o fe s s io n a ls ” Ready to m eet your correspondent needs. FI RST N ATIO N AL LI NCOLN 13th & M Streets, Lincoln, NE 68501 A FirsTier Company • 9 Minnesota News HASTINGS: Mell Taets has joined the staff of Norwest Bank Hastings as assistant vice president in agri^ cultural loans. Mr. Taets has been a loan officer at Norwest Bank Still water since 1982 and prior to that time was with United Central Bank and Trust of Mason City, Iowa. MINNEAPOLIS: The board of di rectors of the Federal Reserve Bank of Minneapolis has named a search committee to coordinate the selec tion of a successor to E. Gerald Cor rigan, president of the Minneapolis Bank. Mr. Corrigan will become president of the Federal Reserve Bank of New York on January 1, 1985. The four-member search com mittee will be chaired by William G. Phillips, chairman of the Minneapo lis Federal Reserve Bank board and chairman of International Multi foods of Minneapolis. Individuals in terested in recommending candi dates for the position should contact Mr. Phillips d o The Secretary’s Of fice, Federal Reserve of Minnea polis, Minn. 55480. MINNEAPOLIS: First Bank Sys tem has announced the promotion of the following two new vice presi dents: Cynthia N. Amrstrong, finan® cial reporting and accounting, and Laurel J. Hillier, financial systems. Ms. Armstrong continues as assis tant controller and manager of reA porting, a position she has held since ® 1982. Ms. Hillier joined FBS in 1982 as an assistant controller and re tains that responsibility. SAINT PAUL: Charles A. Han• nema has been elected vice president of St. Anthony Park State Bank. Most recently he held the position of commercial banking officer and branch manager of First Bank St. Paul’s Shoreview. SAINT PAUL: David A. Baumgarten has been promoted to senior vice president and Pamela L. Clayton has been promoted to vice president for human resources at First Bank Saint Paul. Mr. Baumgarten will as sume responsibility for the special industries group. He previously held several management positions at First Bank M inneapolis. M s. Clayton has been with the bank 15 years. Member, F.D.I.C. Serving bankers quietly and efficiently. CAPITAL PERSONNEL SERVICE 714 U.C.B. Building, 515-283-2545 Des Moines, Iowa 50309 WAUSAU: John B. Williams has been elected president of First Wis consin National Bank of Wausau, ef fective October 1. He succeeds Wil liam B. Sampe, who has been ad vanced to chairman. Mr. Williams previously served as vice president of First Wisconsin National Bank of Milwaukee. South Dakota News W isconsin News FREEDOM: Ruth A. Rynish has been named president of Firstar Bank Freedom, according to Joseph A. Geenen, chairman. Ms. Rynish, with 23 years of banking experience, joined what is now Firstar in 1971. She succeeds Stanley M. Sielaff, who resigned September 1. MITCHELL: Leonard C. Koetter has been elected senior vice presi dent of Commercial Trust & Savings Bank. He will serve as head of the lending function, a newly created position in the bank, and will also supervise the commercial, real estate and instalment departments. Most recently self-employed as a banking consultant, Mr. Koetter has also served as an officer with Conti nental Illinois National Bank, Chica go; Valley National Bank, Phoenix, and as president of Exchange Na tional Bank, Atchison, Kan. KENOSHA: Samuel M. Seavitte has been appointed president and chief executive officer of the Inde pendence Bank Kenosha succeeding the late Earl D. Merritt. Mr. Sea vitte joined the bank in 1974 and was appointed executive vice presi YANKTON: American State Bank has announced the following chan dent in 1981. ges in the bank’s Yankton and Ver MADISON: Charles A. Thieme has million offices; James I. Deam from been elected senior vice president of president to chairman; William A. The Monona Grove State Bank. He Deam from executive vice president will be responsible for managing and to president and CEO; Karen K. developing the leasing division for Langley to executive vice president; all Community Banks, Inc. banks. Ronald E. Johnson to vice president Mr. Thieme previously was senior and manager of the Vermillion vice president and senior lending of Branch; Rick A. Bacon to assistant ficer with the American Exchange vice president, and Ken D. Martinec to consumer loan officer. Bank here. YAKE, SPRENGER AND JENNINGS Getting it done for you. Ernie Yake Bill Sprenger Tom Jennings CommerceBankof Kansascity 234-2483 MEMBER FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Tplpnhnno T e le p h o n e 234-2625 o'iA.onnn (816) 2 34 -2 0 0 0 234-2484 w 4 WANT ADS—Rates are $5.00 per line per Insertion. Add $3.00 for file letters per insertion. Identity of file letter advertisers cannot be revealed. NORTHWESTERN BANKER, 306 15th Street Des Moines, Iowa 50309. Phone 515/244-8163 P o s itio n s A v a ila b le V.P.—Head and develop small ag dept. In $40mm E. IA. bank near metro area. 10 yrs. ag bank exper. re quired. To $50K AG LOAN OFF—in mid-size major hold. co. bank In central IA. 5-10 yrs. bank exper. To $40K TRADE EQUIPMENT What do you need? What have you to trade? Call 308/384-5995 BANKERS ELECTRONIC EQUIP. INC. 380 No. Walnut Grand Island, Ne. 68801 V.P.—To manage $25mm ag bank. Requires min. of 5 yrs. bank exper., strong in ag lending, some opera tions exper. and supervisory skills. Central IA. To $45K Your Inquiries and resumes are completely confiden tial. Fees paid by employers. Call or write: Southwest Iowa bank with $15 million in deposits is look ing for a NUMBER TWO OFFICER experienced in general bank management, ag lending, and loan documentation. Salary commensurate with ability. Phone Mike Keim, 402/397-5161. (PA) CEO WANTED—$10 million rural bank in Marion county Il linois. Must be strong in ag lending and documentation. Good salary and benefits. Write file WCF, c/o North western Banker. (PA) ASSISTANT VICE PRESIDENT LOAN DEPARTMENT Excellent career opportunity. Requires Bachelor’s Degree and a minimum of two to three years’ lend ing experience. The individual will work In both ag and commercial loan departments. Salary com mensurate with experience. Excellent benefits. Contact: Steven L. Afdahl, President, Hawkeye Bank and Treat, P.O. Box 4088, Spencer, Iowa 51301. Member Hawkeye Bancorporatlon. Phone 712/262-1940. (PA) D O N -'S lC H T O L E R In ^ CEO, 45, now serving as president of $60 million bank in metro area. Heads loan committee, and directs assetliability management. Twenty years banking experience. TOP references. COMMERCIAL LENDER, 38, a results-oriented profes sional with 17 years of diversified commercial lending and financial management experience. Extensive knowledge of credit analysis, loan administration, workout and loss control - and asset/liability management. a ™ COMMERCIAL LENDER, 40, now responsible for commer cial, agricultural and real estate lending in $80 million bank. College graduate with additional degrees from ABA commercial lending school and ISU ag lending school. OF FERS 14 years intensive banking experience. POSITION AVAILABLE SENIOR VICE PRESIDENT— The individual will supervise all loan departments. Requires Bachelor's degree plus minimum five years’ lending experience. Salary commen surate with experience plus excellent benefits. Excellent career opportunity. Contact: Steve Afdahl, President Hawkeye Bank and Trust, P.O. Box 4088, Spencer, Iowa, 51301. Member Hawkeye Bancorporatlon. Phone 712/262-1940.________________________________ (PA) Bankers Available CEO with 10 years commercial lending experience In $60 million bank. Graduate of ABA commercial lending school and working knowledge of current banking practices. COMMERCIAL LENDER, 37, now with $300 million bank; five years’ experience in large bank environment. Detailed knowledge of commercial and agricultural leasing. Good people skills, as well as both credit and operations. Linda 515/394-5827 Jean 515/263-9598 (T/W/F) New Hampton, la. 50659 712/779-3567 (M/TH) . Massena, Iowa 50853 dgn CAREERS, INC. FOR LEASE Do you want to test a site? Have a temporary facil ity while you build? Contact: DROMMER LEASING 401 Queens Court Sioux City, Iowa 51107 Phone: 712/239-2315 (FL) INTERNATIONAL BANKER, 45, with 12 years’ experience in large bank environment. Extensive commercial loan operations background. College graduate with degree in banking and finance from NYU. ® ^ w INVESTMENT OFFICER, 27, with MBA in finance. Now serving as investment services officer in major metro bank. Honor student. TRUST OFFICER with college degree in accounting. Ex perienced in preparation of annual reports, court reports, fiduciary returns, monthly cash flows. Responsibility ineludes employee profit sharing plans, trusts, estates, and conservatorships. ^ w NUMBER TWO, 38, with eleven years ag and business loan experience in banks of $50 million. Currently senior member of three man loan committee. BANK EXAMINER, 32, with ten years’ experience. College graduate with major in economics and marketing. TOP references. a ™ INSTALLMENT MANAGER, 28, with 3 years’ college and five years managing $4 million portfolio of consumer, stu dent and floor plan loans In community bank. FOR SALE SYSTEL III WORD PROCESSOR-Disc drive with Adler typewriter. Make offer. Call Duane R. Pearson, vice presi dent, Davis County Savings Bank, Bloomfield, la. Phone: 515/664-2006. (FS) AG LENDER, 34, with over 10 years’ experience and col lege degree in economics. Currently in charge of $11 million ag loan portfolio. Experienced in ag, commercial, real estate, consumer and student loans. Graduate of ABA Advanced Ag Credit School. NCR-279-100 TELLER MACHINES—$650 each. Sharp 2500 teller machines, $550 each. Contact: OMAHA COMPUTER EXCHANGE, 11212 Davenport, Omaha, NE 68154. Phone 402/333-3203. (FS) We have many other applicants. Call or write Malcolm Freeland or Cy Kirk at Freeland Financial Service, Inc., 1010 Equitable Building, Des Moines, Iowa 50309. Phone 515/282-6462. Employer pays reasonable fee. A ^ A N D @ ) ')) ASSO CIATES "Successful Banking is Quality Personnel" If you would like to be informed of positions as they become available and if you are interested in chang ing your present position, send your resume or phone Don Schooler, 417-882-2265, 2508 East Meadow, Springfield, Missouri 65804. Information on you will be kept confidential until you are inter ested in a specific position. Eighteen years of banking serving as President of rural and metropolitan banks enables me to match you, technically and personally, with the right bank ing environment. POSITIONS CURRENTLY AVAILABLE Missouri, Iowa Oklahoma, Kansas, Arkansas, Illinois, and Nebraska POSITION WANTED FOR SALE— MAKE OFFER 2 Intertel Data Modems ea 4800 BOD 4 Burroughs MT983 CRTs 1 SR100 CRT 1Burroughs TP313 page printer Contact: J. Bryan, Washington State Bank Phone 319/653-2151 (FS) WANT TO BUY ALL COMPUTERS— IBM, Apple, etc. Con tact Omaha Computer Exchange Inc. Phone 402/333-3203. (WTB) BANKING VICE PRESIDENT OF OPERATIONS, $320mm metro b a n k .................................. $50,000-$60,000 C.E.O.— $80 million bank; Coml/Ag; prefer MBA to 70K +. EXECUTIVE VICE PRESIDENT, $10mm bank In country se ttin g ......................................... $35,000 VP/Trust Dept Head—$120 million bank; prefer JD to 50K. PRESIDENT, for a $30mm bank in town 45 minutes from c ity ................................. to $45,000 VP/Loan'Review—$175 million bank; prefer FDIC bkgrnd; to 35K. EXECUTIVE VICE PRESIDENT, $40mm country ba nk.......................................................... $40,000 Branch Manager—Metro banks; 4 openings to 33K. No. 2 Person—Ag banks to 45K. #2 MAN for $10mm bank, 2,500 population......... ..................................................... $25,000-$30,000 SENIOR LOAN OFFICER, $60mm bank, 12,000 population .................................. $35,000-$40,000 AG LENDER, $95mm bank, 30,000 population . . . . ............................................................. to $35,000 All positions are fee paid, relocation package will cover all expenses and offer the challenge you lack in your present job. You may call me at 402/391-2065 or 402/895-1997 IN CONFIDENCE. PHYLLIS S. LYNCH Staff America, Inc. 900 Commercial Federal Tower 2120 South 72nd Street Omaha, NE 68124 POSITIONS AVAILABLE PRESIDENT - $25MM rural bank in small community close to southern Missouri lake area. Superior agri-loan skills re quired...........................................................................$40K COMMERCIAL LOAN • $50MM suburban bank located in major midwestern metro area. Assist senior loan officer with commercial portfolio........................................... $32K A PRESIDENT • $30MM community bank within fifty miles of large city. Requires commercial and ag loan experience... ................................................................ $45K AGRI-LOAN - $25MM community bank. Need ag loan background with some exposure to instal. credits__ $25K PRESIDENT - $35MM community bank. Majority of portfolio in commercial and consumer credits. Prefer CEO ex perience.......................................................................$46K w Additional career opportunities available for experienced bankers. TOM H AGAN & ASSOCIATES (PA) 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 Serving the Banking Industry Since 1970 Vol. 13 No. 27 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 306 Fif teenth Street, 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 mail subscriptions, changes of address (Form 3579), manuscripts, mail items to above address. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0 Recent Luther graduate, interested in ENTRY LEVEL TRAINING POSITION LEADING TO MANAGEMENT. Previous bank experience. Married. Resume available upon request. Phone 515/967-6425, after 4:00 p.m. (PW) WANT TO BUY CASHIER for a $50mm bank in nice town close to c i t y ......................................................to $25,000 EXECUTIVE VICE PRESIDENT, $45mm bank, ex cellent lo c a tio n ...........................$40,000-$50,000 SENIOR BANK OFFICER, with 23 years’ experience in operations, personnel, lending and management in medi um-size bank, desires relocation. Prefer management or senior position. Excellent record with emphasis on bank earnings and quality credit. Write file WCE, c/o North western Banker. (PW) 0
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