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Vol. 17 No. 29

Des Moines, Iowa

October 31,1988

Farewell, Thanks to Readers, Others

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Dear Readers:
As we announced earlier (September
26 Weekly Newsletter and October
Northwestern B anker), I have sold
our company to Paul Blackburn, owner
and publisher of Commercial West
magazine of Minneapolis. He is combin­
ing the two publications under the name
of N orthwestern F inancial R eview ,
effective with the first issue under that
name on November 5. Details are in
those earlier stories.
This issue you are reading will be the
last Weekly Newsletter we will publish
and it completes to the day my 43rd year
with the Northwestern B anker. A s we
put this last issue to bed, it is most ap­
propriate to say “Thank You” to three
groups of people—you, our loyal readers,
for whom all of our more than 2,000
issues were created; our loyal, dedicated
staff, and two special suppliers who contributed greatly to the high quality look
of our publications.
When I started work here in 1945, I
was impressed with how many times
bankers would tell me their bank, or
their personal banking families, had
been reading our magazine almost since
it started in 1894. Now, after 43 years, I
continue to be impressed with the conti­
nuing number of bankers who tell me
they are the second and third generations in their families who have been
reading the magazine in their homes.
It is this kind of loyal readership that
has made the N orthwestern B anker
successful, so we are grateful to all of
you for your continued readership. In
addition, you have provided us con­
sistently with news about your banks

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T o g e th e r W e C an
A c co m p lish G re a t T h in gs
Call Jerry Trudo, MNB Corresporident Banker
319-368-4306 or Toll Free 1-800-332-5991

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which we have been happy to publish in
your own state news section. This per­
sonalized news from your banks is the
heartbeat of our total news coverage.
We invite you to continue sending your
news to our office as you have been do­
ing, since our Des Moines editorial office
will continue active here.
“No man is an island“ is a book and
movie title that is proved daily in the
business world and ours is no exception.
Throughout the years we have been
blessed with outstanding talented peo­
ple carrying out our editorial, advertis­
ing and staff duties. Those with us at
the tim e of this sale and merger include
Robert Cronin, my associate publisher
and principal salesman for the past three
and one-half years; Diane Nelson, asso­
ciate editor the past three and one-half
years; Elizabeth Evans, a more recent
employee who is transferring to the Min­
neapolis office, and Debra Hibbert, my
reliable bookkeeper and payroll ac­
countant for the past eight or ten years,
who continues to work for us as an out­
side contractor.
Bob Cronin, 28, will remain in the Des
Moines office and will head up the sales
force for the new owner. I am proud of
the way Bob has developed his personal
and marketing skills, and I am very ap­
preciative of the generous reception all
of you have given him from the very
start just because he was a represen­
tative of the N orthwestern B anker.
Bob and his wife, Diane, expect their
first child in late November and we wish
them well in their family life, as well as
continued success for Bob in his new
duties.

Diane Nelson, 32, will continue in this
office as associate editor. Diane’s skills
as an editor and creative writer reflect
the high marks she received throughout
her education that led to her teaching
degree in English. She is our resident
grammarian and we are glad to have her
professional talents and happy dispo­
sition continue with the company.
Beth Evans, 22, has been with us only
three months, but long enough for us to
know she is an inquisitive dynamo an­
xious to work hard and intelligently to
show she can rise in the business world.
Every office should have a happy Beth
in its midst!
We would also like to thank publicly
two suppliers who have contributed so
much behind-the-scenes to the success
of our business. We are especially proud
of our several years relationship with
Kimberley Press, which prints all of our
publications—the magazine, newsletter
and annual bank directories. This com­
pany was started in our back room many
years ago with a small duplicating press
to print our Weekly Newsletter. One
thing led to another and it ballooned into
a full-fledged printing subsidiary. We
sold it to Mike Freeland about ten years
ago and he built it to an even higher
level of sales. Three and one-half years
ago, Mark Kimberley purchased the
company, eventually moving it into the
beautiful new quarters where it now
operates, and has doubled the size of the
firm.
Mark has excellent credentials from
his years of experience in the printing
and graphics; but, in addition to his per­
sonal competence in the professional
areas of his business, he has also dis­
played a keen sense of business manage­
ment and leadership for his staff. He has

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Federal Reserve Bank of St. Louis

Strength of k
Eastern
J
A
|owa r Merchants National Bank m
^

Cedar Rapids. Iowa 52401

Member F D l C

A BANKS OF IOWA BANK

2

mm^rnm
N O R W E S T BANKS

Norwest Bank Des Moines, N.A.
Call (515) 245-3131 or toll-free (800) 362-2514
Member FDIC

Teamwork:
one of the reasons
we're first in Iowa.
Mark Conway

R eliab le and respected service
for over 20 years
U sed by bankers .
throughout thé midwCst

Richard Pedersen

assembled an array of printing presses
and skilled pressmen to operate them
that are second to none in our city. All of
his support staff people are equally com­
petent and dedicated in their work. This
kind of esprit de corps stem s from the
top and we would like to take this oppor­
tunity to salute our good friend, Mark
Kimberley, for his accomplishment in
building Kimberley Press to its accep­
tance as a first-class printing company
for Iowa. Evidence of that accolade is
seen in the high quality of printing his
staff has given us consistently in each
issue of the N orthwestern B anker.
Further testim ony are the Awards of
Excellence presented by his peers and
that now adorn the company’s reception
area walls.
Two of Mark’s staff people deserve
special mention here because they were
hired by the N orthwestern B anker
when our small printing effort was in its
infancy. Denny Reynolds, who now pre­
pares the multi-page negative layouts
for conversion to printing press plates,
became our first printing employee in
July, 1970. He was our full staff for two

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Purchase of
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Sale of Rare Coins

years arid we relied greatly on him so we
salute Denny now as he completes 18
years with the continuing company.
The other early employee is a young
man named Greg Chelleen, who started
as an apprentice in May, 1978, and soon
displayed a native talent for the printing
business. A t Kimberley’s, he was selec­
ted by Mark to be the first presman to
operate the new six-color press when it
was installed two years ago. The fourcolor work he has produced for our
readers is a work of art. We're especially
proud of Greg because he was recently
selected by Mark for promotion to the
very responsible position of production
manager for the entire plant.
One other supplier deserving a special
vote of thanks as we close out our
business is Jim Belisle, founder, owner
and president of Valley Papers, Inc. In
addition to being a personal friend for
many years, Jim never missed a dead­
line, and always had the necessary paper
stock in place well ahead of press time.
It’s his kind of service that has made
Valley Papers one of the best known
suppliers in central Iowa, amidst a bevy

For Professional Correspondent Service
Call 1-800-622-7262

Ben E. Marlenee
Coins
913 L ocu st
D es M oines, Iowa 50309
515-243-8064

of competitors.
All of you readers have similar rela­
tionships with customers, staff and sup­
pliers on who you can rely just as surely
as you know the sun will rise again. You
will understand, then, and pardon us for
taking time and space here to say
“Thank You” to all of you readers, as
well as to our staff and those behind-thescenes who have supported our endea­
vors. My very best to each of you.
Ben Haller, Jr.
Publisher

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£

Iowa News
DES MOINES: David E. Pike has
been named vice president and £
manager of the W est Des Moines
locations for First Interstate Bank
of Des Moines. He will oversee
business development, retail sales
and lending for each location. Before f
joining First Interstate, Mr. Pike
spent 13 years with Hawkeye Bancorporation, and m ost recently was
bank manager for First Financial
Savings Bank, where he managed of- £
fices in W est Des Moines.

There jls A Difference In Banks...

Valley National Bank ¡3
M ain O ffice - Sixth and W aln u t
D E S M O IN E S , IO W A 5 0 3 0 4

A B A N K S O F IO W A B A NK
M em b e r F D IC

JAMES F. MacLEAN
Vice President

H. PETER DeROSIER
Vice President

Nebraska News
KEARNEY: The P latte Valley •
State Bank and Trust Co. of

As part of the B IC S 10-Point Service and Support System , you get
your very own executive account manager. One of these is Darrell
Elkins. His job is to make sure BICS gives your bank state-of-the-art
data processing.. .and more.
One way Darrell does this is through his on-going service visits
(point #3). At least once a month, he visits your bank to lend a hand
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To find out how the BIC S 10-Point Service a nd Support System
can give you 100% support, 100% of the time, call 1-800421-0059
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P.O. Box 1847
Cedar Rapids, Iowa 52406
319/395-6600

W YSTi

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

OVER 60%
OFM l BANKSIN OURMARKETAREAARENOWINSURED
BY THE KANSAS BANKERS SURETY COMPANY

That’s R ig h t. . . In th e nine states w e serve w e h ave solved th e b onding needs for
6 of every 10 banks.
That's over 16.4% of all banks in the United States

THE REASONS. . .

SUPERIOR SERVICE
MOST COMPETITIVE PREMIUMS
REALISTIC UNDERWRITING
PROMPT CLAIMS SERVICE

IF YOU’RE NOT GETTING THE SAME FROM YOUR BONDING COM PANY...
GIVE US A CALL - YOU’LL BE GLAD YOU DID.

THE KANSAS BANKERS
SURETY COMPANY
DAVID E. ABENDROTH
Senior Vice President

DONALD M. TOWLE
President

611 Kansas Avenue P.O. Box 1654
Topeka, Kansas 66601
Phone 1 -9 1 3 -2 3 4 -2 6 3 1
FINANCIAL IN STITUTIO N BONDS, SAFE DEPOSITORY LIA BILITY, CHECKS KITING FRAUD INDEMNIFICATION,
DIRECTO RS AND O FFICERS LEGAL DEFENSE AND LIM ITED INDEM NITY PO LICIES

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

Serving th e H e artla n d of A m erica since 1 9 09

OVER 60%
OFALL BANKSIN OURMARKETAREAARE NOWINSURED
BY THE KANSAS BANKERS SURETY COMPANY

That’s R ig h t. . . In th e n in e states w e serve w e h av e solved th e b o n d in g needs for
6 of every 10 banks.

*

That's over 16 .4% of all banks in the United States

THE REASONS. . .

SUPERIOR SERVICE
MOST COMPETITIVE PREMIUMS
REALISTIC UNDERWRITING
PROMPT CLAIMS SERVICE

•
IF YOU’RE NOT GETTING THE SAME FROM YOUR BONDING COM PANY...
GIVE US A CALL - YOU’LL BE GLAD YOU DID.

THE KANSAS BANKERS
SURETY COMPANY
DONALD M. TOWLE
President

DAVID E. ABENDROTH
Senior Vice President

611 Kansas Avenue P.O. Box 1654
Topeka, Kansas 66601
Phone 1 -9 1 3 -2 3 4 -2 6 3 1
FINANCIAL IN STITUTIO N BONDS, SAFE DEPOSITORY LIA BILITY, CHECKS KITING FRAUD INDEMNIFICATION,
DIRECTO RS AND O FFICERS LEGAL DEFENSE AND LIM ITED INDEM NITY PO LICIES

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

Serving th e H e artla n d of A m erica sin ce 1 9 0 9

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9

OT-1 INSURANCE SALES—While continuing education as a
non-traditional student, individual worked as an independent insurance agent. Main responsibilities were soliciting,
selling and servicing multi-line insurance products parttime. Has strong desire to continue in the insurance
business. Seeks opportunity in a bank agency. Prefers IA
location. $17,000. Call 712/779-3567.
OT-2 INSURANCE MANAGER—-Aggressive individual offers
five years experience in insurance sales. Currently respon­
sible for selling and servicing all lines of insurance. Super­
vises sales force. Also responsible for bookkeeping of
agency. Serves on the Board of Directors and the Loan
Review Committee. Described as “ Aggressive. Very clientoriented. Ethical.” Candidate is seeking a challenging op­
portunity in the insurance field. $20,000 plus. Call
712/779-3567.

OT-5 LOAN OFFICER—Very thorough and detailed in
documentation skills. Candidate can be an asset to your
bank. Worked one year as a loan officer for $24M bank
and is in third year with FCS as a special credits officer.
Has been responsible for servicing high-risk loans hand­
ling collections and restructuring loans through govern­
ment programs. References agree, “ Very thorough, very
detailed. Strong documentation and analytical abilities.
$30,000. Call 712/779-3567.
OT-6 LENDING/MGMT.—“ Analytical abilities are good. A
cash flow lender. Greatest strength is that of a loan
officer,” says former co-worker. Sharp individual brings
strong farming background along with six years of lending.
Develops own computer programs to set up cash flows.
Open on location. BS degree. $30,000-$35,000. Call
712/779-3567.

OT-3 ASS'T VICE PRESIDENT—Aggressive individual began
his banking career five years ago as an ag loan assistant
and currently works as office manager for a branch office
of $125M bank. Responsibilities include management of
personnel and lending, working with customer call programs, computer analysis programs and marketing.
Developed many bank programs using LOTUS, VISICALC
and BASIC on IBM PC and Apple computers. Seeks
challenging lending position offering advancement oppor­
tunities. IA location. $28,000-$32,000. Call 712/779-3567.

OT-7 LENDING/MGMT.—Currently works as a loan officer
specializing in business development and ag lending. Ag­
gressive individual seeks advancement. Offers five years
experience in lending. Former employer says, “ Good ver­
bal and written communication skills. Good analytical
abilities. Motivated individual that sets goals for himself.”
BS degree from ISU. Open on location. $35,000. Call
712/779-3567.

OT-4 MARKETING/FINANCE—Sharp professional offers a
diversified background which can be a definite asset to the
lending field. Candidate offers skills in collections and len­
ding. References agree, “ A take-charge individual. Selfstarter. Excellent knowledge of credit and its administration.” Seeks opportunity to utilize his many talents. BS
degree. $25,000-30,000. Call 712/779-3567.

OT-8 SR. CREDIT 0FFICER/CE0—Currently works as Sr.
Loan Officer for 30M bank. Seeks advancement oppor­
tunities. Former bank president says, “ Good problemsolver. Very good technical skills. Customers are very
comfortable.” Community oriented individual offers over
ten years experience in lending. Open on location. BS
degree. $42,000. Call 712/779-3567.

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\Ne serve as th e s o u rc e to lo c a te c a n d id a te s w h o m e e t
yo u r q u a lific a tio n s a n d a re in te re s te d in y o u r b a n k ,
c o m m u n ity , a n d s a la ry ra n g e . W e a re a v a ila b le to
a s s is t, b u t a llo w a n d e n c o u ra g e y o u r d ire c t c o n ta c t
w ith o u r c a n d id a te s . You m a k e th e c h o ic e a n d
d e c is io n , w ith o u t p re s su re .

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O u r fBG i s p a i d b v

712/779-3567
Hwy. 92 W., Box 140
Massena, IA 50853


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

the

e m D lO V e r a n d i s b a s e d n n a n e r n e n t a n o n f

the first year’s com pensation. A ll placem ents are guaranteed. A
com plete explanation of our services, fees, and guarantees will
be sent a t your request.

TAMMY JENSEN
712/779-2051
Hwy. 148 & 92 West
Massena, IA 50853

OT-9 INSURANCE SALES/MGMT.—Had own agency for eight
years and sold all lines of Insurance in rural area. Desires
opportunity to become involved with a bank agency.
Strong ag background. Described as “ Easy going. Eventempered. Pleasant individual.” Very family-oriented. AA
degree plus location. $30,000. Call 712/779-3567.
OT-10 AG LENDING—Currently involved in family farming
operations. Desires to return to the banking industry.
Served as AVP for a $90M bank from 1981 until 1986.
References say, “ Very professional. His communication
skills are a definite plus. Is excellent when it comes to credit
analysis.” BS degree from ISU. Prefers IA. $30,000. Call
712/779-3567.
OT-11 BRANCH MGR/SR. LOAN OFFICER-After graduating in
1977, went to work for FCS as an AVP of Special Credits.
In 1987 became employed with a $30M bank as an ag
loan officer. Currently responsible for a $3M ag portfolio
plus some commercial and consumer loans. Former
employer says, “ Good close working relationship with
employees. Excellent in documentation. People have
noticed his abilities because he has gone up the ladder.”
$35,000-$40,000. Call 712/779-3567.
OT-12 LOAN OFFICER—Served one year as loan officer in
country bank. Previous experience working as plant
manager/salesman for FS. Excellent references! Best
described as a mature, seasoned employee with lots of
potential. AA degree. IA, MN location preferred. $22,000
plus. Call 712/779-3567.
OT-13 AG LENDING—After seven years with FCS, individual
has strong desire to get into the banking environment.
Former supervisor says, “ He’s a common sense individual
who gives attention to detail. Good self motivator. Expects
a lot from himself.” BS degree from University of Illinois in
Agricultural Economics. Prefers IL or Wl. $33,000-$38,000.
Call 712-779-3567.
OT-14 VICE PRESIDENT—Primary credit officer in a $16M
bank. Works with agricultural, commercial and consumer
loans. Experienced in form ulating loan policy,
renegotiating and developing loan work out strategy. Also
serves as compliance officer. Reference says, “ The best
credit mind of those I work with. Thorough and complete.
Very good lender.” Eight years in lending with prior ex­
perience in sales management. ISU graduate in Ag
Business. Prefers NE, IA, MO. $32,000-$38,000. Call
712/779-3567.

712/779-3567
Hwy. 92 W., Box 140, Massena, Iowa 50853


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

OT-15 DATA PROCESSING MGMT.—Twenty years ex­
perience in commercial bank/thrift industry, with ten years
in data processing and management information reporting
systems. Very detail-oriented and dedicated to completion
of projects. Excellent oral and written communication skills.
Good references. Open on location. $28,000*$32,000. Call
712/779-3567.
OT-16 VP/SR. LOAN OFFICER—Excellent in PR and new loan
development, this sharp individual offers five years of len­
ding experience. Also has experience working as a sales
rep and taught vocational agriculture. Former CEO says,
“ Good judge of credit. Handles a lot of problem lines and
loan work outs. Has ability to talk out problems with the
clients.” ISU graduate. Prefers IA.
$35,000. Call
712/779-3567. ..
OT-17 CEO—Served six years as President and CEO for a
S300M banking organization. Prior experience includes
serving as VP for major banking company. Was involved in
lending, investments, and legal work. Reference says,
“ Has impressed me as being very goal-oriented with both
the ability and tenacity to satisfactorily achieve any objec­
tive established by or for him.” Earned Juris Doctorate.
Open on location. $75,000. Call 712-779-3567.
OT-18 VICE PRESIDENT—Goal-oriented individual seeking
advancement in the lending field. Currently handles a $9M
commercial loan portfolio. Experienced in all aspects of
commercial, agricultural, residential, consumer and SBA
guaranteed loans. Improved loan quality from 14% A & B
loans to 68% A & B loans. Also generated $3M in new loan
volume. BS degree in Busines Administration with em­
phasis in Finance. Open on location. $43,000 plus. Call
712/779-3567.
O T -1 9 ASS’T VICE PRESIDENT-Currently EVP for small
country bank. Responsible for $4M portfolio, all regulatory
reporting, budgeting, marketing, etc. Over nine years ex­
perience in lending. Reference says, “ Analytical abilities
are above average. Visualizes where a loan is going. Good
rapport with customers. Excellent communicator.” Prefers
MN or IA location. $30,000. Call 712/779-3567.
O T -2 0 LENDING/INSURANCE SALES- With two years ex­
perience as assistant manager of a finance corporation
and one year of insurance sales, individual seeks oppor­
tunity to combine skills. Former supervisor says, “ Ex­
cellent worker. When hired he cut delinquency accounts in
half within a month’s time. Super job.” BS degree. Must
have metro area. $25,000. Call 712/779-3567.

agri careers, inc.

Hwy. 63 S., Box 307, New Hampton, Iowa 50659

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Federal Reserve Bank of St. Louis

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

3

Lincoln

Follow the arrow
to M uni Bonds.

In Nebraska: 800-742-7462

Omaha
In Nebraska: 800-642-9305
Outside Nebraska: 800-228-9175

Aim for your FirsTier Bank when you
want Municipal Bonds. Our investment
professionals will give you the direction you
need to enhance your portfolio with any
investment from Municipal Bonds to U.S.
Government Securities.

Your FirsTier Team.
Here to serve you well.

Call us today!

FirsTierBanks
FirsTier Bank, N.A., Lincoln and FirsTier Bank, N.A., O m ah a, M em bers FD IC

rney has been sold to a group of
m ey investors headed by Wayne
McKinney and Don Kearney. Mr.
iinney, chairman of the bank,
it is owned and operated by a
bank holding company called
it Circle Management Co. The
rney investors purchased blocks
itock from FirsTier Omaha and
Moore Group of Colorado to obi the majority stock in the bank,
name will remain the same and
itaff changes are anticipated.
RTH PLATTE: L.H. “Rick”
kman has been appointed ex>tive vice president and a director
(the First National Bank and
T1t Company of North Platte. He
iv recently served as president of
-''West Bank in Brookings, S.
I, which position he held since
Prior to that he served at
Iwest banks in Aberdeen and
ank.

DOES YOUR BANK NEED AN INVESTMENT CENTER?
Your b en efits:
• New high net worth customers
• Added profit
• Reduced deposit loss to competitors
• Ability to offer complete financial services
For information contact:

INVESTMENT

1-800-544-7113
First Dakota Building
P.O. Box 2796
Bismarck, ND 58502
or
P.O. Box 65697
West Des Moines, IA 50265

banking in Sioux Falls. He joined
W isconsin News
Norwest in 1978 and held several MILWAUKEE: The board of direc­
positions before being promoted to tors of First W isconsin Corporation
assistant vice president, business is proposing to change the cmpany’s
banking in 1987.
name to Firstar Corporation, accor­
ding to John H. Hendee, chairman.
The company plans to add Firstar to
North Dakota News
the names of its banks in Minnesota,
The North Dakota Bankers A sso­ Illinois, and an acquisition pending
ciation will sponsor Session II of its in Arizona. All W isconsin banks and
1988 Professional Teller Develop­ a Florida trust subsidiary will con­
ment Series at four locations during tinue to use the name First Wiscon­
Minnesota News
November. Topic is “The Business sin. A special shareholders meeting
5AUL: Anne Callan Trunzo has of Banking.’/, Schedule begins with will be held December 20 to vote on
elected vice president—invest- registration/continental breakfast the neune change.
..¿,'s at Midway National Bank. at 8:30 a.m., with the seminar run­
SERVING THE UPPER MIDWEST
6has served as an investm ent of- ning from 9:00 to 4:30. Fee includes
* since joining the bank in 1986, materials and lunch and is $50
has been department manager before November 4 and $75 after.
e 1987.
Dates and locations are: 9th—
R egency
D oublewood/Ram ada Inn, B is­
RECRUITERS. INC.
marck; 10th—International Inn,
1102 Grand Avenue,
South Dakota News
Minot; 16th—Holiday Inn, Fargo;
Kansas City, MO 64106
17th—Holiday
Inn,
Grand
Forks.
UX FALLS: Lynn ThormodsDiane Evans
816/842-3860
i has been named senior vice Contact the NDBA to register.
•ident and cashier and Dennis
fman named senior vice presi'Professional assistance in hiring
t of Norwest Capital Manageand career advancement"
t and Trust Department for
West Bank South Dakota. Mr.
rm odsgard join ed N orw est
it Services in 1976 and joined
West Bank South Dakota in quality service by experienced professionals
). He was promoted to vice presi, finance in 1984. Mr. Hoffman
W
525 Merle Hay Tower
id Norwest in 1987 and was proJean Eden
Sandi Garner
Des
Moines,
Iowa
50310
515 276-1151
515 832-1258
id to vice president this year. In
Tues / Wed / Fri
515-276-1151
•tion, Leonard Dankey has been
Confidential. Fees Paid by Empie
Digitized
lotedfortoFRASER
vice president, business

BANKING
career^

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-

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Federal Reserve Bank of St. Louis

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4

POSITION AVAILABLE
BRANCH MANAGER—$50M southern Minn, banking
organization requires manager for branch in city of 20K
people. Successful candidate will have a min. of 5 yrs. ex­
perience in banking, Incl. lending, operations, and a record
of community involvement. Salary and benefits commen­
surate with exp. Send current resume with salary history
to File No. WOS c/o Northwestern Banker.
(PA)
Position available for experienced CASHIER. Send resume
to: Union National Bank, P.O. Box 80, Massena, IA 50853.
Salary open. E.O.E.
(PA)
CEO for new, $15 million Independent bank in Iowa
metropolitan area. Send resume and salary history to File
No. WOT c/o Northwestern Banker.
(PA)

1989 IB A A C O N V E N T IO N
P re-C onvention T o u r and B anking S e m in a r
February 17 through March 2 ,1 9 8 9
Tour features three days in Oaxaca, Mexico, five days in Cabo
San Lucas, Mexico and five days in Anaheim, California for the
IBAA Convention.
Tour Includes: Roundtrip airfare from Mpls./St. Paul • 3 Nights in Oaxaca and 5
Nights in Cabo San Lucas • Transfers, baggage and handling
tips, room tax and service charges.

FOR SALE
Tour is open to directors and friends. For more information or for reservations call:
FOur beige GLIDE FILES with trays. Excellent condition.
$1000 each or best offer. Contact Monte at First Natl. Bank
of Holdrege.NE 68949,308-995-4411._______________ (FS)

Richard E. Holmes
Marquette Bank Minneapolis
612-341-6572

Unisys B28 MICRO COMPUTER & B27 CLUSTER STA­
TION. This unit is about 11/> years old. Asking price $5,400,
F.O.B. York. Call Ron Winquest at FNB-York Nebraska
402-362-7411, for further details. _________________ (FS)
Texas Instruments Omni 800 PRINTER , Model 810 RO.
$950. State Bank, Everly, Iowa, 712-834-2221._________(FS)
NCR Model 1780 ATM w/Safe— Right Hand Hinge, Controller, Time of Day Clock & Single Cassette Recorder—
$1,100. Contact: William D. Ellis, Vice President, First In­
terstate Bank, Box 2068, Sioux City, IA (712-252-0577). (FS)

FOR SALE
RECONDITIONED

BRANDT Coin Sorters-Counters
BRANDT Currency Counters
New Warranty
402-571-5577

CANDIDATES AVAILABLE
AG LOAN OFFICER - B.S. degree + MBA ad­
vanced lending school. 5 years experience - cur­
rently with a $40M Neb. bank.
$35-40K
EX. V.P JCEO - 6 years CEO of two branches - total­
ing $40M. 8 years bank examiner. B.S. degree +
banking degree, Southwestern Graduate School
of Banking.
$40-45K

BANK FOR SALE
N.E. Nebraska community bank. Strong deposit
base and excellent earnings potential. Total
assets of $15 million. For more information call
Ron George at 402-391-1344.

Dorothy Minister, CPC
QUMBERT EXECUTIVE EXCHANGE
9802 Nicholas Street, Suite 370
Omaha, NE 68114
Phone: 402/3904)275

POSITIONS AVAILABLE
AG LOAN OFFICER
Community bank seeks 1 0+ yr. person for senior mgt.
spot. Stable position, all types of ag.
$30K.
DAIRY AG OFFICER
Dairy ag bank looking for 3 yr. lender with strong dairy
banking exposure. Great future.
$26K.
COMMERCIAL LOAN OFFICER
Holding co. bank seeks degreed lender who has prior
comm’l exp. and formal credit training. Excellent technical
personwhocansell.
$45 K.

'ASSOCIATES
"Successful Banking is Quality Personnel"

POSITIONS AVAILABLE
PRESIDENT, $70mm, well capitalized, highly
rated, minimal charge o f f s ......................... $70,000.

REAL E8TATE LENDER
Metro area bank needs well-rounded real estate lender
skilled In origination, servicing, etc. Stable organization
offers super opportunity to move ahead.
$28K.

PRESIDENT, $250mm, likes southwest con­
ference football, has administered large staffs ..
........................................................................$90,000.

RO BERT HRUF
of nwn.MC.

317 6th Ave, Ste. 650
Des Moines, IA 50309

(515) 244-4414
ALL FEES COMPANY PAID

515-232-0814
Ames, Iowa 50010

Donald E. Holder-Principal

RYAN AUCTION CO., INC
Decorah, Iowa 52101
Farm Equipment Specialist
Appraisals & Auctions
Call Dale Ryan 319 - 382-8648

Mike Keim & Associates

(402) 496-0600

PRESIDENT, $55mm + , country bank, needs
mature administrator ........................... $65-75,000.

FOR FURTHER INFORMATION C O N TAC T KURT ROSENCRANTS

405 Main

D ( ) N 4 m C H C X X E R In

TRUST INV. OFFICER
Growing bank in leading Iowa community seeks banker for
trust pos. Must have bank trust investment background
and degree.
$40K.

CONSUMER LENDER
If you have 3 + years bank lending and bus. development
skills this is your future) Clean, well-run suburban bank
has it all.
$26«.

anA cAhiociatzi.
Specializing in the
Purchasing and Sale of Banks

PRESIDENT, $350mm, proven administrator, long
range planning skills ............................... $100,000.

AG LENDER, $5-10mm portfolio, operating & real
estate c re d its ......................................... $26-28,000.
COMMERCIAL/CONSUMER LENDER, college
town, $10mm mixed portfolio, well regarded bank
..................................................................$25-30,000.
PRESIDENT, $50mm, strong lending background,
relates to farm customers ......................... $55,000.
PRESIDENT, $60mm, turnaround or contract type
candidate..................................................... $60,000.
DON W. SCHOOLER
2508 East Meadow
Springfield, Missouri 65804
(417) 882-2265

Experienced assistance with:
• Bank purchase or sale
• Holding company formation
• Work-out loan plans
• Regulatory assistance
• Other bank-related challenges

POSITIONS AVAILABLE
PERSONAL TRUST - positions In. urban and large
munity banks. Trust exp. and degree required.
$£
COMMERCIAL LENDING • upper level position
medium to large suburban banks.
$3
LOAN REVIEW - degree and experience with large
merclal bank credits desired.
$2E
SECOND OFFICER - $40MM suburban bank. Empha^
commercial lending duties but prefer some backgro
operations also.
Additional positions available In mldwestern bar
All inquiries confidential.

TOM HAGAN & ASSOCIATES
P.O. Box 12346/2024 Swift
North Kansas City, MO 64116
816/474-6874

“Serving the Banking Industry Since 1970”

Vol. 17 No. 29 Northwestern Banker Newsletter (USPS 873-300) Is published weekly by the Northwestern Banker Company, 1535 Line*
Street, Suite 201, Dee Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $24.00 per year. Second class postage paid
Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts to Northwestern Banker, 1535 Lind

St., #201, Dee Moines, Iowa 50309.
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