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ABA To Honor Nation’s 200th Year

A. W . CLAUSEN

GEORGE W HYEL

J. REX DUWE

The nation’s Bicentennial is an
integral part of activities scheduled
prior to and during the American
Bankers Association’s Centennial
Convention to be held October 4-8
in New York City. As part of a
number of special projects designed
by ABA to honor the nation’s 200th
birthday, ABA and federal govern­
ment officials will unveil a feature
exhibit September 17 in Washing­
ton’s Smithsonian Institution. This
special display will pictorialize the
role of banks in United States
history. Additionally, the ABA will
preview at the Centennial Conven­
tion its feature film on banking
history.
The U. S. Postal Service also will
issue a commemorative stamp in
conjunction with the national con­
vention, one com m em orating
American banking and commerce.
A special Post Office will sell
first-day covers on site at the
convention.
The 100th anniversary program

G. A. FREEMAN

W . R. W RISTON

will feature a three-track format:
two general sessions to be held at
famed Radio City Music Hall, 10
forums and management sessions,
and 42 special interest sessions
designed as discussion groups.
An added highlight will be a
series of seminars entitled “The
Person in 1975: Psychiatrists Look
at Prejudice, Power, Pain and
Pretense,” to be conducted by
senior staff members of the Center
of Applied Behavioral Sciences for
the M enninger Foundation in
Topeka, Kan.
The Monday morning general
session will feature a banker panel
moderated by David Brinkley,
NBC-TV commentator, and includ­
ing A. W. Clausen, president, Bank
of America; Gaylord Freeman,
chairman, First National Bank of
Chicago, and Walter B. Wriston,
chairman, First National City Bank
of New York.
The Wednesday morning general
session will feature NBC-TV’s

B. W ALTERS

“Today” show, produced especially
for the convention. Hosts Barbara
W alters and Jim H artz will
interview a number of prominent
personalities and authorities in
various fields of public life. The two
hosts also have produced 52 Bicen­
tennial specials co-sponsored by the
ABA, honoring each state, the
nation’s capitol and Philadelphia,
to be aired each Friday during a
year’s time. The first was broadcast
July 4.
Other features include a special
spouses’ program Tuesday morn­
ing, October 7, highlighted by a
musical production, “Star Spangl­
ed Rhythm,” featuring the entire
Radio City Music Hall cast. A
special event that has gained
tremendous interest since its incep­
tion several years ago is the Sunday
morning prayer fellowship gather­
ing. This breakfast event will be
addressed this year by Dr. Norman
Vincent Peale.
More than 330 exhibitors have
announced intentions to display
their products and services.

Correspond with the bank that knows
the importance of your bank
to your community.

t-

IowjvD es Moines national Bank
An Affiliate of Northwest Bancorporation


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

[515] 245-3131

Bunco

Ben Eilders,
Senior
Vice President

Call

Howard Nielsen
fo r.. .

wants to build a solid correspondent
banking relationship with you.
B ankers Trust
Use our toll free WATS line: 800-362-1688

Iowa News
CEN TERVILLE: W illiam H.
Griggs has been named executive
vice president of the Centerville
National Bank. He formerly was
executive vice president and cashier
of the Clay County National Bank,
Spencer, member of Hawkeye
Bancorporation. Centerville Na­
tional is in the process of being
acquired by Hawkeye.
CORWITH: Donald Sabbann of
South Sioux City, Nebr., is the new
president and owner of Corwith
State Bank, replacing Ernest C.
Bartik, now chairman of the board.
DES MOINES: The IBA 21st
annual Instalment Lending Con­
ference will be held this week, Sept.
16-17 at Adventureland Inn start­
ing at 9:30 a.m. on the 16th. The
complete program is in the August
Northwestern Banker magazine.
DES MOINES: Brenton Banks,
Inc., will have an electronic funds
transfer system operational by
year-end. It will consist of point of
sale terminals located at selected
superm arkets and departm ent
stores, as well as automated tellers
at banking locations throughout
Iowa. Locations are subject to
regulatory approval. To be called
“Brenton Finger Tip Banking,” it

6th & Locust/
Des Moines, Iowa 50309

will be operational on a 24-hour a
day basis. Using NCR equipment,
the system will eventually provide
check and national credit card
authorization. Initially, only the
Brenton bank debit card will be
used.
DES MOINES: John W. Gabbert
has been named by Bankers Trust
Company as senior vice president in
charge of lending. He has been head
of the corporate banking division of
the St. Joseph Valley Bank,
Elkhart, Ind., for the past nine
years.
HALBUR: Hilbert Koenig, vice
president, has retired after 46 years
with the Farmers Savings Bank.
MUSCATINE: Leland J. Hanson,
an ISU graduate, has joined the
Central State Bank as an assistant
vice president.
PRIMGHAR: James M. Metcalf,
president, was honored recently by
the First National Bank for 50
years of service.
SIOUX CENTER: Doug Schuver
has joined the Granville office of
the American State Bank. He
graduated from Westmar.
TRIPOLI: In the 1975
Directory the telephone
the American Savings
incorrect. The correct
319/882-4279.

Iowa Bank
number for
Bank was
number is

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

LINCOLN: The Nebraska Bankers
Association will hold an Agricul­

A good
correspondent
bank relationship
is still built I
by good people.
Yours and ours.
John Pothoven
Corres. Banking Rep.

Personal Attention
to All Y o u r
Correspondent Needs
NEBRASKA CALL TOL L

FREE

800 642-9917
800 228-9511
-

ADJACENT

STATES

CALL

TOLL

FREE

-

M e m b er

U S National
BANK
Omaha, Nebraska

F.D.l.C.

tural Credit Symposium September
21-23 at the Lincoln Hilton Hotel.
Registration begins at 3 p.m. on
Sunday, Sept. 21.
Guest speakers include Alford C.
Sinclair, president, Nashville City
Bank and Trust Company, Nash­
ville, Tenn., speaking on problem
loans; Clarence O’Brien, president,
McDowell Grain Brokers, Crete,
Nebr., speaking on the Nebraska
and national economics; and
Darwin E. Stolte, president, U. S.
Feed Grain Council, Washington,
D.C., speaking on grain sales and
U. S. exports. The program will
include three panel discussions on
livestock hedging, credit documen­
tation and money management.
R. H. H atch, second vice
president, The Omaha National
Bank, is chairman of the NBA
committee on agriculture, which is
sponsoring the symposium.
LINCOLN: First National Lincoln
will hold its 15th annual Corre­
spondent Bank Conference Sep­
tember 19-20 at Hotel Comhusker.
The conference begins with the
Friday noon luncheon and con-

Call me
toll free . . .
800 332-5991
-

■J
Merchants
^
National Bank 151

C edar Rapids. Iowa 52401 A B A N K S O F IOW A' B A N K

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Great New Goodies for Fall and Winter!

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WALNUT “DATE-TELLER”

WALNUT “CALCU-NEST”

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Distinctive. Crafted by a master. No year, so will
tell day, month, and date for a lifetime. Now in
use by one West Coast major bank, and more on
the way! Be first in your area! A real compliment
to both giver and receiver. Perfect for the
Holidays. Ideal for customer relations. Size 43A ” x
2” x 13A ”. Solid walnut. Gift boxed. Imprints gold
stamped, extra.

Direct from the 1975 Los Angeles gift show! That
new... And, boy, does this make sense! Put your
desk calculator on it, end headbending, eyestrain!
Give this as a gift, watch your customer beam!
Adjusts to four levels. Non-skid base! Size 7” x
3”. Solid walnut. Brass trimmed. Gift boxed.
Imprints silk screened, extra.

Order Some of Each or All of a Kind!
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BOB TUCKER ASSOCIATES
Box 1222
Port Arthur, Tx. 77640
“Since 1958”

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

From the Texan who gives you the “Tin Lizzie”auto and Arnie Vail!

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

A
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CALL ON THE “PERFORMANCE TEAM”
where common transactions are handled uncommonly well.
FIRST NATIONAL LINCOLN
13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.I.C.

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eludes with an early luncheon on
Saturday to permit guests to
adjourn to the University of
Nebraska football game against
Indiana University.

Minnesota News

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DULUTH: A seminar on the
Duluth Regional Check Clearing
Arrangement (D-RCCA) was held
recently. The new program is a
unique combination of private and
public cooperation to more effi­
ciently provide check clearing for
banks in northeastern Minnesota,
northwestern Wisconsin and west­
ern portions of Michigan’s upper
peninsula. Further details will be
published in the October issue of
the Northwestern Banker.

M IN N EA PO LIS: Independent
State Bank of Minnesota has
received
final approval of the
Jt
Federal Deposit Insurance Corpo­
ration in Washington. Gordon C.
>■
Donnelly, president, State Bank of
Wheaton, will be the new bank’s
jk ► president. Harold Lee Fetters,
currently senior vice president of
k
Security Bank, N. A., of Billings,
Mont., will be managing officer,
>-,
and Richard Plunkett, chairman
and president of Rochester Bank
and Trust, will serve as vice
president. The bank is located at
510 Marquette Avenue adjacent to
new offices of Independent Bankers
of Minnesota. The bank was
initiated to develop a supplemen­
tary source of correspondent
services totally dedicated to its
customer-independent banks.

Opening general session on Wed­
nesday morning, Sept. 17, will
feature P a t Moore, president,
American State Bank of Oklahoma
and president-elect of the Oklahome Bankers Association. Charles
B. Shuman, former American Farm
Bureau president, will be the noon
speaker. Educational workshops
will be held Wednesday afternoon.
Thursday morning will feature a
prospectus on the grain, livestock
and general economies.
CHAMPAIGN: A charter has been
issued to the City Bank of Cham­
paign. Total capitalization will be
$750,000, consisting of $300,000 in
both capital and surplus, and
$150,000 in reserve. William F.
Froom is president and Donald
Casper is executive vice president
and cashier.

Colorado News
CRAIG: The Board of Governors of
the Federal Reserve System an­
nounced its approval of the
application of D. H. Baldwin Com­
pany, Cincinnati, Ohio, to acquire
First National Bank in Craig, a
proposed new bank. Craig has one
other bank.
HAXTUN: The Board of Govern­
ors of the Federal Reserve System
has announced its approval of the
application of Community Agency,
Inc., to become a bank holding
company through acquisition of
Haxtun Community Bank, and to
engage in perm issible general
insurance agency activities.

Wyoming News
GILLETTE: An application for a
new state chartered bank has been
made for Gillette. State Examiner
Dwight Bonham said that it is
essentially the same as the one filed
earlier by the Wyoming Bancorporation and rejected on July 22.
Gillette has three banks.

Sunworshipers
Hawaii is the place
March is the time
Marquette-Sedard Travel has
arranged several tour options
tying in with the IBAA Con­
vention, M arch 13-18, in
Hawaii. They are:
No. 1 Deluxe Hawaiian Holi­
day 4-Island tour, March
13-28, includes Sheraton Wai­
kiki Hotel.
No. 2 Convention trip only,
March 13-18, roundtrip fare
from Minneapolis and Sheraton
Waikiki Hotel.
No. 3 Open options, with
other Pacific tours.

Further information can be
obtained from:
Mrs. Irene Downs
[612/338-5667] or
Avery Fick [612/370-2166]
Marquette National Bank
Minneapolis, Minnesota 55480

Illinois News
CHAMPAIGN: About 350 bankers
are expected to attend the 29th
annual Illinois Bankers Association
Ag Credit Conference here on
September 17-18. Headquarters
will be the Ramada Inn.

#

Ii

BANKERS PERSONNEL SEARCH, INC.

321 Stephens Building
Des Moines, Iowa 50309
515-282-4446
or
515-961-5419
Harriette Allison, President
Employer Paid Fee
Confidential
Bank Personnel Only

Banking for a brighter future.
*
For straight talk on corre­
spondent banking talk with
Homer Jensen at CCB. We do
your kind of banking.


Des Moines’ second largest Independent bank.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Christy
Leo
Bob
Armstrong
Kane
Scott
‘WE HAVE WHAT YOU WANT
in a correspondent bank’

American Trust
CAPITAL CITY BflflK

Main Bank East Fifth and Locust 50309

515/244-5111

and Savings Bank
9TH AND MAIN, DUBUQUE, IOWA
MEMBER FDIC-FRS

6

Get to know our
Correspondent Bankers.
Get to know: (left to right) Leon Winters,
Harold Kinney, Bill MacMillan, Bill Fleming and
Norm Burkeplle. And let them get to know you.
Then, when you need help with any of our
services, you’ll get the help you need.
Quickly and efficiently.

Vi r

4bp
COLORADO NATIONAL BANK BümM
B
.IN C

17th and Champa • Denver, Colorado 80202 • (303) 893-1862

VICE PRESIDENT - BANKING
FARM EQ UIPM ENT LEASING

Let us explain the Bankers Participating LeasePlan. High-yield fo r y o u ..... a n d .......
we take the risk!
FIRST INSURED SERVICES

545 31 st St. - Des Moines, Iowa 50312 - 515/282-5008
R. L. “ DICK” SELLON
P. D. “ DUANE” DeVAULT

WANTED

BE YOUR AREA’S
LEADING AG BANK

Bank in Iowa or northern Illinois up to
$35MM. Principals only. Write Box
MPC, c/o NORTHWESTERN BANK­
ER, 306 15th Street, Des Moines, la.
50309.

Send Doane's newsletter. Farming for
Profit, to your farm customers each
month. Over 800 banks do. It's filled
w ith facts to help farmers boost in­
come They appreciate the information
and the bank that sends it. Your bank
heading on every issue. For six sample
issues free, write: D. R. Gorr, Manager,
Bank Services.
_

D

_

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L H J /W lfc :

TRUST OFFICER

Excellent opportunity to move into #2
spot with our client, a profitable and
progressive Iowa bank. Degree re­
quired. Experience desirable but not
required. Candidates need to be market­
ing oriented since promotional activity
involved. No fee to applicants. Send
your qualifications in complete confi­
dence to T. W. Textor. We are retained
by management.

Doane Agricultural Service. Inc
8900 Manchester Road
St Louis, Mo 63144
(3 1 4 )9 6 8 -1 0 0 0

WANT ADS

PERSONNEL INCORPORATED

601 Ins. Exch. Bldg.
Des Moines, Iowa 50309

Rates 35 cents per word per
insertion. Minimum: 12 words
NORTHWESTERN BANKER
306 15th St., Des Moines, Iowa

FOR SALE

NCR Class 450 _- 28 Pocket Proof
Machine. Under continuous service
contract, nine years old. Contact:
Merlyn L. Meyer, The First National
Bank, Syracuse, Nebr. 68446. Phone:
402/269-2145.

FOR SALE

One #1860-FSW Mosler walk-up window
in “like new” condition. Central State
Bank, Elkader, Iowa 52043. Phone:
319/245-2110.______________________

SERVING PROFESSIONALLY

SALE OR LEASE

Bonking, Financial & Business Personnel
Iowa and Nationwide

Two section modular bank office 24’ x
38’. Could be used as permanent office.
Will move and install on yoUr
foundation. For additional information,
Call: 1-515/276-8391.

When
you need
a little help
call us on our
toll free
wats number

8 0 0 - 362-1615

CAPITAL PERSONNEL SERVICE
2 0 4 Securities Bldg.
5 1 5— 28 3 -2 5 4 5
Des Moines, Iowa 5 0 3 0 9

EDDIE A.
WOLF

WILLIAM B. RUSSELL G. GREGORYS. GERALD B.
GREAVES
PLAGER
WOLFE
MURPHY

Correspondent Bank Department

C”

Central National
Bank & Trust Company
DES MOINES (515)243-8181 MEMBER FDIC .
1

LOCUST AT SIXTH/FIFTH & GRAND /35TH & INGERSOLL / WEST DES MOINES

Our client is a highly profitable $65MM
bank located in Iowa. Candidates must
be degreed with an accounting or finan­
cial control background. A good sense of
marketing is important. A knowledge of
systems and EFTS desirable. A leading
role in the development of a recently
approved holding company could also be
involved for the person qualified. For
confidential consideration without ob­
ligation, submit your qualifications in
writing to T. W. Textor, PERSONNEL
INCORPORATED, 601 Ins. Exch.
Bldg., Des Moines, Iowa 50309.

-rV

TRUST OFFICER

A trust officer is wanted to be the second
person in a three officer $30MM trust
department in eastern Iowa. Salary will
be commensurate with background and
experience. Send resume to Box DMT,
c/o NORTHWESTERN BANKER, 306
15th St., Des Moines, la. 50309.
FOR SALE

20’ counter with 4 windows and 2 returns
with a dark formica covering. One 8’
back storage counter, 2 wall check desks
48” x 18”. One Mosler round manganese
steel bank safe with 3 time clocks.
Contact Yellow Medicine County Bank,
Granite Falls, Minn. 56241.
POSITIONS AVAILABLE
DATA PROCESS— Need junior & senior programmer
with bank experience. Midwest.
CORRESPONDENT-AGRI-LOAN— Unusual opportun­
ity for one capable of handling large agri credit lines
and correspondent experience.
C O R RESPO N D E N T-C O M M E R C IA L LOANS — Must
have experience In large credit lines, Including agri
loans and prefer some correspondent experience.
COMMERCIAL LOAN— Prefer 3-5 yrs. experience In
Iowa and Nebraska.
EXECUTIVE VICE PRESIDENT— Iowa & Nebraska
banks. Must be mature and experienced In commercial loans.
C A S H IE R — Must have 2-3 yrs, operations &
supervisory experience. Opportunity to learn com­
mercial lending.
AGR I-LO AN D IVISION H E A D — Holding company
wants to expand agri-loan and create new division.
AGRI-LOAN— Must have good ag education & be able
to talk the language of young farms & feeders.

“IT TAKES A BANKER TO KNOW ONE”
TOM HAGAN & ASSOCIATES
Box 12346 N.K.C., Mo. 64116
(816) 474-6874

Vol. 4 No. 20 Northwestern Banker Newsletter is published weekly by the Northwestern Banker Company, 306 Fifteenth Street,


Des Moines, Iowa 50309. Subscriptions 25 cents per copy, $6 per year. Second class postage paid at Des Moines, Iowa. Address all
https://fraser.stlouisfed.org
mail subscriptions,
Federal Reserve
Bank of St. Louischanges of address (Form 3579) manuscripts, mail items to above address.

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