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Vol. 15 No. 22 Septem ber 15,1986 Des M oines, Iowa First Bank System S ells 21 Units URCHASE agreements have P been signed for the sale of 21 First Bank locations in Minnesota, North Dakota and South Dakota. Donald R. Mengedoth, who has most recently served as managing director for the North Dakota First Banks, and groups of directors, em ployees and local investors have agreed to purchase the banks and will form three separate bank hold ing companies. In Minnesota, First Bank loca tions in Benson, Ivanhoe, Little Falls, Marshall, Minneota, Paynesville, Wheaton and Windom will be purchased by Community First Min nesota Bankshares, Inc., and will have combined assets of $230.6 mil lion. Nine branches of First Bank of South Dakota located in Clark, Cor sica, Gettysburg, Hot Springs, Huron, Lemmon, Platte, Redfield and Vermillion with assets of $289.8 million will form Community First South Dakota Bankshares, Inc. Community First North Dakota Bankshares, Inc., will be composed of the former First Banks in Cooperstown, Lidgerwood and Wahpeton and the controlling interest of the First National Bank and Trust Com pany of Dickinson. The year-end assets of the North Dakota group were $177.3 million. All sales are pending regulatory approval. Specific purchase terms were not disclosed. Mr. Mengedoth, 42, will serve as president at each bank holding com pany. With 20 years of banking ex perience, he has held management positions in retail banking, opera tions, human resources and commer cial lending. First Bank System previously an nounced purchase agreements for 14 First Bank locations in Blue Earth, Northfield, Sauk Centre, Waseca, Worthington and Lakefield, Minn.; Forsyth and Fort Benton, Mont.; Cavalier, Park River and Valley City, N.D., and Highmore, Miller and Sturgis, S.D. This brings the total number of signed purchase agreements to 35. In August of 1985, First Bank System announced plans to restructure its banking assets by offering to sell 28 of its banks with 45 offices first to em ployees, directors and local commu nity representatives. Sales to other prospective buyers are considered only when employee and community group offers do not materialize. Regulatory approval has been re ceived on the Sturgis agreement; ap provals on the remaining locations are expected within the next 12 months. First Bank System, Inc. is the 15th largest bank holding company in the United States comprised of First Bank Minneapolis, First Bank Saint Paul and 77 other banks and trust companies, with 150 banking offices in Minnesota, North Dakota, South Dakota, Montana, Washing ton and Wisconsin, and a trust com pany in Florida. The company also provides financial services through a number of domestic and interna tional subsidiaries and offices. These services include trust, inter national banking, commercial and agricultural finance, data process ing, insurance brokerage, leasing, mortgage banking, ventine capital, merchant banking and brokerage services. Io w a N e w s The Iowa Bankers Association will hold a Legislative Issues Tele conference on Oct. 7 with locations scheduled for each of the Iowa Groups. Registration will be at 8:30 a.m. with the conference running from 8:30 to 4:00. An hour-long dutch treat luncheon will be at noon. There is no fee. Groups and loca tions are: 1—Jukebox 59, Ida Grove; 2—Holiday Inn, Fort Dodge; 3— North Iowa Area Community Col lege, Mason City; 4—Manchester Golf and Country Club, Manchester; 5—Iowa Western Community Col lege, Council Bluffs; 6—Simpson College, Indianola; 7—Iowa Valley Community College, Marshalltown; RISMLLER, KEMPER AND SPRENGER David Rismiller Chairman Jonathan Kemper President O utsid e M issouri call 1-800-821-2180 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Bill Sprenger Vice President In M issouri call 1-800-892-7100 àS Ë k Commerce Bank o f Kansas City Mûmhor C m r * 2 Norwest Bank Des Moines, N.A. NORWEST BANKS Call (515) 245-3131 or toll-free (800) 362-2514 Member FDIC Team work: one of the reasons we’re first in Iowa. Larry Welch Lowell Barkley 8—Tipton State Bank, Tipton; 1 1 Best Western Hotel, Fairfield; 1 2 Northwest Iowa Technical College, Sheldon. Contact your Group Chair man for more information or to re gister. * * * The Iowa Bankers Association will sponsor a Tax Reform Telecon ference entitled “ Timing is Every thing” on October 2. Locations are the Conference Center at Des Moines Area Community College in Ankeny, Cedar Hall at Kirkwood Community College in Cedar Rap ids, and the Carroll Recreation Cen ter in Carroll. Registration is at 9:30 a.m., and the conference runs from 10:00 to 3:30 with a one hour break at noon. Fee is $115 for members, ASK STAN FARMER to make MNB work for you. Toll free 1-800-332-5991 Merchants A National Bank 151 Member F.D.I.C. A BANKS OF IOWA BANK https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis signed the agreement to purchase the bank. A sale price was not dis closed. Assets were listed as $36.6 million, with loans of $18.7 million. Others signing the agreement in principle to purchase are Dr. David Hahn, David Martin, David Stilwell, James Sweeney (executive vice pres ident of Waukon State), Ray Sween ey and Thomas Thomson, all of Waukon; Alan Johnson, president and CEO of Centred State Bank, Elkader, and Robert Schultz, Loma. $145 for subscribers and $175 for nonmembers, and $20 additional if N e b ra s k a N e w s paid at the door. This includes lunch, breaks and handout material. The Nebraska Bankers Associa For more information, contact the tion will sponsor its 1986 Operations IBA office. Compliance Conference at five loca tions in October. The program is as HILLS: Thomas J. Cilek has joined follows: 8:30 a.m.—registration/conHills Bank and Trust Company as a tinental breakfast; 9:00 a.m.—“ In senior vice president. He will super ternal Operations & Personnel Mat vise the trust department. Mr. Cilek ters” : noon—luncheon; 1:00 p.m.— has been a partner with the law firm “ The Bankers’ Guide to the Nebras of Meardon, Sueppel, Downer & ka Financial Institution Tax” : 2:00 Hayes since 1979, and is also a CPA. p.m.—“ Operations Compliance” : KALONA: At First Interstate Bank 4:30 p.m.—adjournment. Fee is $65 of Kalona, Kim Jordahl has been for the first registration and $55 for elected president and Jon Cook vice each additional. After Oct. 1 regis president and second officer. Mr. tration will be $85 and subject to Jordahl joined the bank in 1983 as space availability. Fee includes ma vice president in charge of ag loans terials, continental breakfast and and was elected senior vice presi lunch. Dates and locations are as fol dent in 1985. Mr. Cook joined the lows: Oct. 7—Lincoln Hilton, Oct. bank in 1983 as a loan officer and 8— North Platte Holiday Inn, Oct. was elected assistant vice president 9— Scottsbluff Country Club, Oct. in 1985. 15—Kearney Ramada Inn, Oct. 16— Omaha Red Lion. MAQUOKETA: Alan R. Tubbs has been named executive vice president of Maquoketa State Bank. He has served as assistant professor and ex tension economist at Oklahoma State University in Stillwater and is immediate past chairman of the ag division of the American Bankers Association. Dr. Tubbs will continue as president of 1st Central State Bank in DeWitt, which position he has held since 1972. WATERLOO: Karl J. Keffler has joined The Peoples Bank as vice president and trust officer. He comes from the Mercantile Trust Company, St. Louis, Mo., where he served as assistant trust counsel and pension trust officer. He has also been engaged in the private practice of law. CENTRAL CITY: Philip L. Green wood, formerly the assistant vice president of the Farmers National Bank of Central City, has been named vice president. LINCOLN: FirsTier Bank Lincoln will host its Annual Correspondent Bank Conference October 31-Novem ber 1 at the Cornhusker Hotel, across the street from the bank. It will tie-in with the University of Nebraska’s home football game against Kansas State. The Confer ence was delayed this year from the usual weekend of N.U.’s opening football game in early September because that game with Florida State (won by Nebraska) was a Sa turday night game and complicated the hotel reservations. Details for the Conference will be mailed within the next few weeks by FirsTier Bank Lincoln, according to Gary Bieck, vice president. WAUKON: As announced in last week’s issue, the Waukon State Bank had just been sold by Hawkeye Bancorporation. Several Wau kon businessmen, including Richard NEBRASKA CITY: Wendell Bail Lomen, president of the bank, ey, 48, recently joined Otoe County B pK ER SS »ANKERS SM Some special candidates from Robert Half's Banking Division Partial list: o f available Banking candidates. COMMERCIAL LENDER. High-energy person with keen loan analysis and business development skills. Directed 5 other lenders and developed a $20m portfolio over last 6 years. Persuasive communicator who has worked in both a $250m and $800m bank. DB900 $38K CONSUMER LOANS. Industrious lender with 2 + years in a consumer finance company handling credit analysis, retail loans and managing a staff of 4. Ability to identify and solve problems while building a quality portfolio. DB901 $22K EXECUTIVE VICE PRESIDENT. Astute professional with over 15 years of lending experience. Currently # 2 person in a strong county seat bank seeks greater challenge. Knowledgeable in areas of ag, real estate and consum er who has managed 15. DB902 $42K AG LOAN OFFICER. Concentrated on clean-up of a $12rh ag loan portfolio. Tough-minded individual with expertise in guaranteed loans. Executive caliber needing a few more years experience. DB903 $25K SENIOR VICE PRESIDENT. Sensible, outgoing achiever who has helped bank grow from $40m to $80m while maintaining profitability. Excellent exposure to all areas of lending with unusually good grasp of real estate loans. DB904 $33 K CREDIT ANALYST. Detail-oriented analyst with sound judgem ent and 5 years of loan review in a large environment. Proven technical skills, specifically talented at working with commercial loans. Professional image, strong communicator. DB905 $26K PRESIDENT. Proven problem-solver. Taken two rural banks from problem situations to successful sales. Strong people manager who can say no and has a knack for turning a profit. Community minded fam ily man who enjoys small town environment. DB906 $49K VICE PRESIDENT LOAN ADMINISTRATOR. Large credit line workout specialist. Hard-line banker expert in bank stock loans, mergers, acquisitions and problem credits of any size. Spear-headed across the board recovery in large institution and ready for new opportunity. DB907 $80K MARKETING DIRECTOR. Turns ideas into action. For the past 9 years has been directing the marketing functions of a $350m bank. This well-informed specialist projects a strong corporate image yet keeps costs down. DB908 $35K INSTALLMENT LENDER. Two years of holding company training in the basics of consumer lending. Proficient in floorplanning, client development and loan analysis. Degreed, working with a $2Vzm portfolio. DB909 $21K AG VICE PRESIDENT. More than just a numbers person. Understands ag and ag borrowers. Three years of ag lending handling a $9m portfolio. Has experience with cashflows, FmHA’s and collections. Grew up on a farm and spent whole life in the midwest. DB910 $24K CORRESPONDENT BANKER. Personable, outgoing and enthusiastic banker who has spent 8 years in the business with 5 years as a well-respected president. Knows ins-and-outs of rural banks and has a network of contracts. DB911 $38K REAL ESTATE LOAN OFFICER. Conventional and commercial lending skills honed through work in $70m + institution. Hands-on professional who likes rolling up sleeves and getting down to work. W hether it’s client development or keeping the paperwork flowing. Digitized DB912 for FRASER $34K https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Supplement to Northwestern Banker Newsletter 9-15-86 PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES COMMERCIAL LOAN OFFICER. Two and a half years in $80m + bank handling all sizes of commercial loans. One year prior to that spent working in credit analysis area and obtained keen understanding of what goes into a good loan. Poised, dependable and ready to work. DB913 $28K ACCOUNTANT Four years in bank holding company functions included internal audit, general accounting and some operations. Thrives in an environment of long hours and detail work and has performed in various sized institutions from a bank of $300m to one of $30m. DB914 $22K TR U ST/JD . Intelligent, persuasive communicator with 4 + years trust experience at a large midwest bank. Meets deadlines and is accustomed to detailed work round the clock. Knowledgeable in all areas of trust and enjoys new business development. DB915 $35K MORTGAGE LENDER. Skilled in all phases of origination, underwriting, closing and collection. Has hired and fired, plus handled business development in a $100-200m atmosphere. BD916 $30K LOAN DOCUMENTATION. Credit analysis skills, FmHA experience and a 4 year degree combined with 2 + years loan review in $20m ag department. Cashflows, statem ent spreads and collections area all part of daily work. DB917 $18K PRESIDENT. Looking for next step up in a successful 20 year career in ag banking. The last 12 spent keeping $15m rural bank profitable and clean. Operations background and a firm understanding of loan analysis. DB918 $38K AG LENDER. Cashflows, workout, FmHA and general ag lending knowledge gained over three years experience in a rural bank. Raised on a farm with a degree Iowa State University and strong analytical skills. DB919 $20K PROGRAMMER ANALYST. Over 2 years experience in COBOL and BAL programming. CICS exposure in IBM environment. Heavy banking background with lending applications experience. Meets deadlines! DB920 $20K SENIOR OPERATIONS OFFICER. Executive with proven skills in organization and management. Has worked “round the clock” restructuring bank operations in both one-bank and multi-bank situations while sim ultaneously handling cashier duties. DB921 $40K CHIEF EXECUTIVE OFFICER/PRESIDENT. Farsighted,driven leader with diverse agbackground is currently president of a successful institution. Increased deposits 7% and kept ROA in the 1% range while keeping a healthy capital adequacy range. DB921 $58K + CONSUMER LO AN/ASSISTANT CASHIER. Competitive,aggressive andastute individual with 3years experience consumer loans and assisting in operations within a $40m bank. A quality banker looking to enhance management skills. DB922 handling $22K FOR FURTHER INFORMATION ON THESE CANDIDATES CONTACT KURT ROSENCRANTS 317-6TH AVENUE, STE. 650 DES MOINES, IA 50309 (515) 244-4414 W O R L D ’S LA R G E S T B A N K IN G , A C C O U N TIN G , A N D ED P P L A C E M E N T SP E C IA LIS TS W E A L S O HAVE TE M P O R A R Y BA N K IN G P R O F E S S IO N A LS W E HAVE BAN KIN G SPEC IALISTS WHO AR E READY TO GO TO W ORK FOR YOU NOW. C A LL US TODAY. IT DOESN’T MATTER WHERE YOU ARE LOCATED OR WHERE YOU WANT OUR SPECIALIST TO W ORK. OUR PROS ARE READY TO GO. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In today’s market, knowing who’s competing for your custom ers’ loan business is vital. But gathering and maintaining accurate, up-todate information on your com peti0 tion, inconspicuously, is nearly impossible. Unless you subscribe to Iowa Public Records Search’s Loan Activity Bulletin. The Loan Bulletin is a twice® monthly report of a ll the loan activity in your county, and every county ^ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis important to you. Each report contains all liens filed with the Secretary of State; the secured party (your com petitor); the name of debtor; file num b er; and the date and hour o f filing. And the price is right, too — as low as $12.50 per county, per month. To order, or for information on our other search services (telephone searches, judgment searches, bank ruptcy searches, and m ore), give us a call. We’re Iowa Public Records Search. We’ll help you com pete. IOWA ^ PUBLIC RECORDS SEARCH, INC. # 2 C o r p o r a te P la c e 1501 4 2 n d S tr e e t W e s t D e s M o in e s , I o w a 5 0 2 6 5 Telephone (5 1 5 ) 223-1153 Supplement to Northwestern Banker Newsletter 9-15-86 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Call on the “Experienced Professionals” Ready to m eet your correspondent needs. ^FirsTierB ank Lincoln 13th & M S treets, Lincoln, N ebraska 68501 Firslier Bank, N.A., Lincoln, Member FDIC é ^ • ^ ^ ^ # ® ^ ® National Bank and Trust Company Terms of the transaction were not paying off insured depositors in A m erican N ational Bank of as president, succeeding Paul Al disclosed. Eastridge, Casper. The bank was brecht, who has resigned. Mr. Bailey closed on August 28 and the FDIC previously was vice president and was named receiver. No bids were re cashier of Brenton State Bank in S o u th D a k o ta N e w s ceived for the failed bank. Deposits Eagle Grove, la. The South Dakota Bankers Asso amounted to about $3.7 million in ciation will sponsor an Installment, 1,200 accounts, including about Retail and Mortgage Loan Confer $5,000 in eight accounts that ex ence on Oct. 9-10 at the Holiday Inn ceeded the federal insurance limit. M in n e s o ta N e w s City Center in Sioux Falls. Registra BURNSVILLE: Jerry Ranfranz has tion on the 9th is at 9:30 a.m. and been appointed president of Mar the program runs from 10:00 to 4:30 C o lo ra d o N e w s quette Bank Burnsville. He joins the with an hour for lunch at noon. A AURORA: United Banks of Colo bank from Marquette Bank Lake, reception will be held at 5:30 fol rado, Inc. has opened its third bank where he served as president for six lowed by dinner at 6:30. On the 10th in Aurora, having acquired Ameri years. the program runs from 9:00 a.m. to can National Bank of Aurora. The ST. CLOUD: David R. Noack has noon. Pre-registration is $90 and in bank, with assets of more them $7 been elected president of Norwest cludes materials, lunch, banquet and million, has been renamed United Bank St. Cloud, to succeed Wesley breaks. Registration on-site is $10 Bank of Aurora—City Center. Rich J. Hein, who will remain as bank additional. Contact the SDB A office ard M. Hall will remain as president. chairman. Mr. Noack previously to register. BUENA VISTA: The FDIC has ap served as senior vice president in ABERDEEN: At its August meet proved paying off insured deposi commercial banking. ing, the board of Dacotah Bank tors in Buena Vista Bank and Trust ST. PAUL: American National Holding Co. declared a 3% stock Company. It was closed on August Bank of St. Paul has announced that dividend in lieu of its semi-annual 28 and the FDIC was named re James L. Anderson has joined the cash dividend. It will be paid on ceiver. No bids were received for the bank as vice president of corporate Sept. 23 to shareholders of record on failed bank. Deposits amounted to trust. He has 14 years banking ex Sept. 15. Fractional shares will be about $29.7 million in 4,200 ac perience, most recently in the First paid in cash at $11.50 per share. counts, including $900,000 in 60 ac Bank System, where his positions counts that exceeded the federal in included vice president, trust officer surance limit. and assistant secretary. DENVER: United Banks of Colo N o rth D a k o ta N e w s rado, Inc. has announced the elec GRAFTON: At First American Bank & Trust of Grafton, Russell tion of Roger E. Johnson as vice Illin o is N e w s W. Erickson has been promoted president—real estate management. PEORIA: The Midwest Financial from vice president of agricultural He joined United Bank of Denver in Group has elected two new vice pres loans to vice president in charge of 1980 and most recently served as idents. William C. Funkhouser all lending. He joined the bank in vice president, comptroller and chief financial officer. becomes vice president of loan re 1981. view and recovery, and John W. DENVER: Harlan L. Pepper has Marshall is vice president of corbeen promoted to senior vice presi porate planning. Mr. Funkhouser’s W y o m in g N e w s dent in the asset and liability divi previous position was loan review of CASPER: The FDIC has approved sion of Central Bank of Denver. He ficer. Mr. Marshall served as vice president for finance. We’re Security for You W is c o n s in N e w s MENOMONEE FALLS: Richard P. Klug, chairman, president and CEO of F&M Financial Services Corp., and Joseph J. Zilber, majority share holder of the Bank of Fond du Lac, ^ have announced that Mr. Zilber has signed a Letter of Intent under which F&M would acquire the bank. At Security National Bank, we’re people you can count on to handle all of your Correspondent Banking needs. So, start corresponding with us. We’re Security for you! m 9 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Wilm a Weeks Correspondent Services Officer 712-277-6769 SECURITY NATIONAL RANK IN SIOUX CITY, IOWA. MKMBKR F.D.I.C. previously served as vice president in that division. Also among recent promotions at the bank were Ken neth B. Buckius and Lydia K. Marenin, both named vice presi dents. PUEBLO: Frank D. Plunkett, Jr. has joined Colorado National B a n k Pueblo as vice president and trust officer. He has 11 years trust bank ing experience and spent the last four years as an attorney with the Denver firm of Richard E. Young. 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, 1535 Linden Suite 201, Dee Molnee, Iowa 50309. Phone 515-244-8163 P O S IT IO N S A V A IL A B L E aqri careers,inc. _ / AG BANKING PERSONNEL SPECIALISTS CEO w ith excellent track record as head of $40 m illion bank. Graduate from Iowa State in ag business. Oriented to sm aller com m unity....................................Asking $50,000. CEO w ith 16 years experience. Responsible for manage ment of $38 m illion bank. Prefers eastern Nebraska or western Iowa.................................................. Asking $45,000. SENIOR LENDER w ith law degree. Served as V.P. and counsel to credit adm inistration or billion dollar loan port fo lio ..................................................................Asking $50,000. Jean 712/779-3567 Massena, la. 50853 R Y A N A U C T IO N C O ., IN C . D ecorah, Iow a 52101 Farm E q u ip m e n t S p e c ia lis t A p p ra is a ls & A u c tio n s C a ll D ale Ryan 319-382-8648 CONSUMER LOAN OFFICER—$100K bank, central Iowa. Clean, strong loan portfolio. Salary commensurate with experience. Send resume to File No. WGW c/o North western Banker. (PA) FOR SA LE DIEBOLD DRIVE-IN WINDOW— manual outside drawer, 2 cash drawers, approx, opening 54 x 72, in service 'til 10/11/86. Contact Bob Gulling, Farmers Savings Bank, (FS) Mltchellville, IA, (515)967-5141.______________ SERVING THE UPPER MIDWEST SENIOR V.PJLENDING for $35 m illion bank. Grad of ABA commercial lending school and 18 years experience.......... ....................................................................... Asking $45,000. AG LENDER in $30 m illion bank. Grad from Iowa State and nine years experience. Knows operations. Asking $38,000. CASHIERS now serving with prestigious bank holding companies. Excellent training and experience. Both offer some lending background............................ Asking $36,000. Employer pays fee. Please contact Malcolm Freeland concerning these quali ty applicants or for other types of banking officers. Serving bankers quietly and efficiently. CAPITAL PERSONNEL SERVICE 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 R eg en c y RECRUITERS. INC. Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 M A N A G E M E N T , INC. Consultant to Bankers D O N -ficH O Q LE R In "Successful Banking is Quality Personnel" POSITIONS AVAILABLE PRESIDENT COMMERCIAL VICE PRESIDENT, $400mm clean bank, excellent location ............ range o f $40,000 Ready for a management challenge? $42MM MN bank has immediate opening for a strong administrative mgr. Desire 8 + yrs coml/ag lending, proven mgmt & knowledge of operations. HOT! To$50K++ Job#NW9026. CREDIT ANALYST/LOAN REVIEW, $400mm excel lent bank, top location ................ range of $25,000 EVP/BRANCH MANAGER LOAN REVIEW PERSON w ith $175 m illion bank deter mines quality and docum entation of $100 m illion loan p ortfolio...........................................................Asking $35,000. 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6462 AND- ip iS W ASSOCIATES P O SITIO N S A V A ILA B L E NUMBER TWO OFFICER in $60 m illion bank. Excellent record in lending and operations................. Asking $50,000. F re e la n d F in a n c ia l S e rv ice Agricultural consulting & marketing firm looking for ex perienced AG LENDERS to work In the areas of financial analysis and com m odity sales management. Responsibili ties include analyzing client operations, development of client marketing plans and ongoing consultations. Send resume to File No. WGU c/o Northwestern Banker. (PA) Immediate opening for an OPERATIONS OFFICER with some loan experience in a $42 m illion dollar bank in a Southeast Iowa county seat town. Send resume and salary requirements to file No. WGV, c/o Northwestern Banker. _______________________________________________ (PA) Sandl 515/394-5827 New Hampton, la. 50659 Confidential. Employer paid fees $12M eastern Iowa bank near Iowa C ity has an opening for individual w ith experience in LOANS AND OPERATIONS. Send resume and salary requirements to File No. WQI c/o Northwestern Banker. (PA) $10MM bank near Sioux Falls, SD wanting to expand resi dential Real Estate Department through the use o f secon dary markets, needs experienced REAL ESTATE LENDER. Send resume to File No. WGR c/o Northwestern Banker. _____________________________________________ (PA) Ind. comm bank located in S.W. Iowa is seeking a proven AG LENDER. Must possess good business development skills w ith strong analytic and interpersonal skills. FmHA experience is a plus. Key position offering excellent growth potential. Very good community. Excellent salary and benefits. File No. WGT, c/o Northwestern Banker. (PA) QUALIFIED BANKERS If you plan to upgrade or add to your staff, please contact us for inform ation on one or more o f the follow ing quali fied bankers: • Loan Review and Credit Administration • Profit Planning 773 Spruce Street P.O. Box 159 Ocheyedan, Iowa 51354 Phone: [712] 758-3660 HEAD OF LENDING in a $300mm bank, popula tion 80,000 + ................................................$60,000 Sick of constant reorganization & job elim ination? This rapidly growing stable MN bank needs a market driven m otivator to manage a $25m bank. Desire 5 + yrs ag lend ing exp, proven adm inistrative skills and community in volvement. To$40K. Job #NW9027. #2 OFFICER, $65mm bank, Illin o is ............ $50,000 POSITIONS A V A IL A B L E COMMERCIAL LENDER, $140mm bank, 35,000 pop................................................... range o f $30,000 EXECUTIVE VICE PRESIDENT, $60mm bank, 9,000 pop........................................... $50,000-$60,000 CASHIER ■$25MM Ag Bank. Requires background with inhouse minicom puters and some knowledge of Agri Loans. $30K COMMERCIAL LENDER LOAN REVIEW/LOAN WORK-OUT SPECIALIST .. Are you sick of politics? This small suburban TC bank will reward you based upon performance! Desire a generalist w /3+ yrs comi lending exp w/strong business develop ment skills. To$35K. Job #NW9006. OPERATIONS and STRATEGIC PLANNER, $100 + bank, 50,000 pop............................................. $25,000 FOR MORE INFORMATION CONTACT PAUL GENT2KOW ...................................................... .. . $25,000-$40,000 VICE PRESIDENT, SENIOR LOAN OFFICER, $100+ bank, college tow n ......................... $50,000 OPERATIONS, $300mm, excellent location OPEN #2 OFFICER, lending and work outs, 4,000 pop. .. ........................................................................ $35,000 4M» (M l 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 ALL FEES COMPANY PAID PRESIDENT - Agri Bank w ith problem loans. Should have adm inistrative experience and solid Agri Loan skills. $40K OPERATIONS - manage department of 35 for large urban bank. Experience with deposit accounting and account services required. $38K AGRI LOAN - com m unity bank w ith large Ag portfolio. Seven yrs. or more Ag Lending experience needed. $35K COMMERCIAL LOAN - large suburban bank with $100MM loan portfolio. Degree and minimum 3 yrs. comml lending experience w ith six figure credits. $32K Additional positions available in Midwestern states. AO LOAN O F F IC E R ....................... $25,000-$40,000 TOM H A G A N & ASSO CIA TES DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417) 882-2265 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” Vol. 15 No. 22 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1,535 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 mail subscriptions, changes of address (Form 3579), manuscripts to Northwestern Banker, 1535 Linden Digitized for St.,FRASER #201, Des Moines, Iowa 50309. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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