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Vol. 10 No. 23__________________________ Des Moines, Iowa_______________________ September 28,1981
A B A Pres. Gunderson Says:

Speak Up at House Hearings
BA President Lee Gunderson
A
has issued an urgent request for
all bankers to
“ speak up loud­
ly” at forthcom­
ing hearings that
the House Bank­
ing Committee
will be conduct­
ing all over the
nation. In con­
cluding his add­
ress before the
Iowa
Bankers
L.E. GUNDERSON
Association annual convention in Des
Moines last week, Mr. Gunderson,
who is also president of the Bank of
Osceola, Wis., said:
“ Remember that the federal
government is the biggest borrower
in the country. In each month of
1980, the federal government paid, on
the average, $7 billion in interest
alone.
“ Whenever I think of government
spending I am reminded of this
calculation of ‘one billion’ :
• “ One billion seconds ago, it was
1948.
• “ One billion minutes ago, Christ
was walking on earth.
• “ One billion hours ago, nothing
on this planet walked on two feet.
• “ But a billion dollars ago, it was

only 6 o ’clock last night in
Washington.
The
government
spends more than $1 billion every 19
hours, 365 days a year.
“ Even in a time of federal budgets
of $579.6 billion per year, interest
payments of $7 billion a month
represent a large portion of the
budget.
“ And, so far in 1981, that amount
is escalating significantly. Every
week, the government sells huge
amounts in securities — including 30,
60, and 90-day T-bills. What will
happen when all those T-bills
mature?
“ The money to redeem them must
come from somewhere, and that
somewhere is from more government
borrowing during those 30, 60, and
90-day periods. This spiralling debt
cannot go on forever. When the
government overloads the credit
market with securities backed by the
U.S. Treasury, how can Bank of
America or the Bank of Osceola
compete?
‘ ‘ Getting more budget cuts through
will not be easy. Additional cuts now
will be even more controversial than
those passed in July. But Congress is
talking tough, so it’s time to talk
tough to Congress, and demand more
cuts.

“ I ask you to help build the
momentum we need as a nation to get
our economy back on the right track.
Let your representatives in Congress
know you demand the budget cuts
necessary to bring down inflation and
the interest rates.
“ Last week I issued a statement
to the media calling for a restrained
growth in the money supply and
reduced spending. But we need your
help to make sure our lawmakers
really get the message.
Bankers have traditionally been
effective partners with A B A on the
whole spectrum of legislative efforts,
including BankPac participation. I
thank you for your widespread
support. Now we need your help
again to resist the forces in
Washington that are calling for credit
controls. The realtors are joining with
the home builders and car dealers to
stage a publicity-seeking campaign
for credit controls next month in
Washington. Credit controls simply
won’t do the job and bring the long
term results our economy needs.
“ The House Banking Committee is
going to be conducting hearings all
over the country to get input on the
interest rate problem. We must speak
up loudly and we must speak up now
to focus the attention of Congress
where it belongs — on budget cuts
and tight monetary policy. These

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OF DES MOINES, N.A. • MEMBER FDIC • TOLL FREE NUMBER (800)362-1615
AFFILIATED W ITH UNITED CENTRAL BANCSHARES, INC.

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Federal Reserve Bank of St. Louis

Cyrus D. Kirk, V ice President

Gany Frandson

H o w did we get to
1 1 be first in Iowa?
By putting
Iowa first.

KDWA-.

nesMOines
M

A [NATIONAL BAN K

S H
An Affiliate of Northwest Bancorporation
Mem ber FDIC

BANCO''’

Call (515) 245-3131 or toll-free (800) 362-2514

of success” October 13 from 1:30 to
5:30 p.m. at Stouffer’s Five Seasons
Hotel in CedEir Rapids. Conducting
the seminar will be Dr. Leon A.
Danco, president of University
Services Institute, Cleveland, Ohio.
He is founder of The Center for
FEimily Business and is nationally
recognized as an author, lecturer and
expert on family-owned businesses
and closely-held companies. The
seminar will stress key Eireas of
business planning Euid the basic
management concepts of organiza­
tion, personnel, finance and account­
ing needed in a fEunily-owned
Merchants National To
business. A reception will follow the
Co-Sponsor Seminar
meeting from 5:00 to 6:30 p.m. at the
The Merchants National Bank of Five Seasons Hotel. Registration is
Cedar Rapids is co-sponsoring a $90 for the first person, $70 for each
seminar deeding with “ the problems company associate Eind $50 for
spouses, payable to The Center for
FEunily Business in Cedar Rapids.

policies, not credit control, will bring
interest rates down.
“ So, I urge you all to help us keep
up this effort that will bring relief
from the interest rate that Eire so
damaging to our economy Eind to the
business of bEuiking. Let’s pull
together and mEike sure Congress
does its job to provide the momentum
our economy needs. I know I can
count on you bemkers again to work
with the A B A at this crucial time.
After all, working together toward a
common goal is what partnership is
all about.
□

Iowa News

ASK
JERRY TRUDO
to make MNB
work for you.
Toll free
1- 800 - 332-5991

Merchants
National Bank 151

Member F.D.I.C.


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Federal Reserve Bank of St. Louis

A BANKS OF IOWA’ BANK

BANKERS PARTICIPATING

I

LEasePlan.lnc.

545 - 31st Street

Des Moines. Iowa 50312

R. L. “DICK” SELLON • P.D. “DUANE” DEVAULT

to Gene Stewsirt, president. Mr.
Head, previously assistant vice
president, joined the bank in 1973.
Mrs. Shephard has been with the
bsuik since 1958.
WATERLOO: The following man­
agement chEuiges at Peoples Bank &
Trust Co. have been announced by
R.K.
Sverdahl,
president
and
chairman: Richard L. Mahoney to
vice president-lending; Bruce S.
Anderson to vice president-opera­
tions; Richard J. Schmit to vice
president-trust; RichEird W . Strudthoff to assistant vice presidentoperations, and Michael L. Murwin
to assistEuit vice president-market­
ing. Mr. Strudthoff and Mr. Murwin
recently joined the bank. Mr.
Mahoney joined in 1972, Mr.
Anderson in 1975 and Mr. Schmit in
1979.
W AVERLY: First National Bank’s
preliminary open house for its new
building here was attended by over
500 stockholders, visiting bankers
Euid public officiEils. Grand opening
festivities for the public were held
September 19 and included live
entertainment, contests Eind prizes.

Minnesota News
DES MOINES: Eugene G. Precht
was nsuned chairman and chief ALBERT LEA: David Noack has
executive officer of the Iowa-Des been elected president of First
Moines National Bank by directors Northwestern National Bank. He will
last week. He is succeeded as succeed Carroll C.
Bergerson,
president by George F. Milligan, who president since 1965, who will be
will also be chief operating officer and retiring April 1. Mr. Noack began his
a director. Dee L. Frost was named CEireer in 1957 as a bank examiner and
vice chairman Eind director. Five new was most recently senior vice
executive vice presidents nEimed are: president and a director of the First
Tom Farris, commercial bsinking National Bsuik of LaCrosse, Wis. Mr.
division; Tom Hammelman, con­ Bergerson will continue to serve as
sumer financial services division; H.
Lynn HorEdt, chief financial officer;
John Sikkink, bank operations, and
Will C. Smith, human resources
division.
KNOXVILLE: David E. Anderson
has been transferred to the Commun­
ity National Bank & Trust Co. as vice
president. Mr. Anderson was previ­
ously assistant vice president of
WEuren County Brenton Bank &
Trust in Indianola, which he joined in
1976.
MARENGO: Virgil Head has been
nsuned vice president sind Catherine
Shepherd cashier of the United
Central Bank of Marengo, according

"Opportunity
C
olls../'
Leo Kane,
Correspondent Banker

American Trust
& Savings Dank
The Bank of Opportunity
Town Clock Plaza.
Dubuque, Iowa
CALL 319-562-1041,
COLLECT

Supplement to
Northwestern Banker Newsletter
9-28-81

Carleton D . Beh Company
Investment Bankers / Financial Consultants
1300 Des Moines Building / Des Moines, Iowa 50309
5 1 5 /2 8 8 -2 15 2

We own and offer subject to prior sale and change in price the follow ing Pledge Orders:

AMOUNT

MUNICIPALITY

YIELD

MATURITY

$350,000

BURLINGTON, IOWA
Sewer Revenue Pledge Orders
Interest: 3-1 and 9-1

10.00%

9-1-82

$350,000

DENISON, IOWA
Sewer Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

9-1-82

$250,000

GLENWOOD, IOWA
Sewer Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

12-1-83

$750,000

KEOKUK, IOWA
Water Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

6-1-82

$250,000

ROLAND, IOWA
Electric Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

12-1-82

$550,000

SANBORN, IOWA
Sewer Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

12-1-82

$450,000

TIPTON, IOWA
Electric Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

6-1-82

$300,000

WAVERLY, IOWA
Sewer Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

6-1-82

$175,000

WEBSTER CITY, IOWA
Sewer Revenue Pledge Orders
Interest: 6-1 and 12-1

10.00%

6-1-82

•

•

•

•

•

•

•

m

^

IN THE OPINION OF COUNSEL INTEREST ON THESE PLEDGE ORDERS IS EXEMPT FROM ALL PRESENT
FEDERAL INCOME TAXATION AND ALL PROPERTY TAXATION IN THE STATE OF IOWA.
Pledge Orders are Issued in accordance with the provisions of Chapter 384, Code of Iowa, 1981, as amended, to
provide funds necessary for the construction of improvements to municipal utilities. In the opinion of counsel,
Pledge Orders are subject to the first lien of outstanding debt, if any, and together with such outstanding debt
are payable solely and only from the future net revenues of the respective municipal utilities.

The information contained herein is not guaranteed, but is derived from sources we deem reliable and is that on which our purchase of these bonds are based.
Bonds of a particular maturity may or may not s till be available or may now be available at a price or yield different from that indicated above.


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

Division of

Hutton

& Company Inc.

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

* WHAT? CHRISTM AS IN AUTUMN!
.

NOT REALLY, BUT IT’S TIME TOTHINK ABOUT
HOLIDAY GREETINGS TOYOUR CUSTOMERS

★

HOLIDAY GREETING DEPOSIT RECEIPTS ★
Each day you are using deposit receipts. W hy not let them double as "greeting

cards." These attractive receipts are an inexpensive w a y to make a positive impres­
sion as you extend best wishes to customers and say, "Thanks for your business."
Send us your order today and prepare to disburse holiday cheer from every tellers
window throughout the holiday season.
See other side for Holiday Drive In Envelopes

ORDER FORM
Mail To:

HOLIDAY DEPOSIT RECEIPT
Date.
PRICES PER THOUSAND
Please Check Quantity Desired

2820 Roe Lane/Kansas City, Kansas 66103

□

5,000 @ $6.90

□

20,000 @ $5.50

□ 10,000 @ $6.20

□

25,000 @ $5.30

□ 15,000 @ $5.80

□

50,000 @ $4.80

Imprint:.
Signed------------------------------

DigitizedBANK
for FRASER
AND COMMERCIAL PRINTERS/LITHOGRAPHERS/OFFICE PRODUCTS/SNAP-OUT FORMS/MICR ENCODING/DATA PROCESSING FORMS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

HOLIDAY XMAS CURRENCY ENV.

(Bank Name Not Imprinted)

For the customer who perfers to give cash, we offer
a selection of three moderately priced currency gift
envelopes.

Another way to say Happy Holidays to your many
valued customers.
Available in self-sticking and regular.

ORDER FORM
H O L ID A Y D R IV E IN E N V E L O P E S

D a te

Mail To:
i n
r
M r A lin c .
2820 Roe Lane
Kansas City, Kansas 66103

Bank Name

HOLIDAY DRIVE IN ENVELOPES
PRICES PER THOUSAND
Self Sticking
□ 1000 @ $33.50
□ 3000 @ $29.50
□ 5000 @ $25.50
□ 10000 @ $23.50

Regular
□ 1000 @ $31.50
□ 3000 @ $27.50
□ 5000 @ $23.50
□ 10000 @ $21.50
S ig n e d

HOLIDAY XM AS CURRENCY ENV. •
PRICES PER TH O U SAN D
□ A 137-E2
□ A 301-L 2
□ F 272-L2

$54.80
$46.20
$46.20

T itle

Digitized
FRASER
BANfor
K A
N D COMMERCIAL PRINTERS / LITHOGRAPHERS / OFFICE PRODUCTS / SN AP-OUT FORMS / MICR E N CO DING / D A T A PROCESSING FORMS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
lement to Northwestern Banker Newsletter 9-28-81

•/

•

CALL ON THE “PERFORMANCE TEAM”

■

where com m on transactions are handled uncomm only well.

FIRST NATIONAL LINCOLN
13th & M Street • Lincoln, Nebraska 68501 • Member, F.D.I.C.

chief executive officer and chairman unconstitutional. The complaint
until his retirement.
names Commissioner o f Banks and
EVELETH: First Northwestern Trust Companies William C. Harris
National Bank has promoted Lynn as defendant. It alleges that the
Spier to assistant vice president and measure failed to receive the
controller, Patrice Came to assistant necessary three-fifths vote of the
vice president-lending and Kathy legislature to pass.
Illinois’ revised 1970 Constitution
Patterson to assistant vice president­
requires
any bills dealing with
lending and compliance officer. Ms.
branching
to receive the three-fifths
Spier joined the bank in 1974 as head
teller. Ms. Came has been with the vote. The MBHC bill passed by a
bank since 1975, Ms. Patterson since closer margin. Independent banks
opposed to the legislation argued that
1963.
the law permits another form of
REDWOOD FALLS: A t the State branching and thus the extraordinary
Bank, Royce Heffelfinger and Norris voting rule applies.
Iverson have been promoted from
assistant vice president to vice
South Dakota News
president-loans, according to Presi­
The Federal Savings & Loan Insur­
dent L.K. Iverson.
ance Corp. has required the merger

Illinois News
Three independent banks have
legally challenged
this
state’s
newly-enacted multibank holding
company law. The challenge, brought
in a Springfield court, is viewed as a
last-ditch effort to stop implementa­
tion of the law enacted July 3 which
permits banks to form regional
multibank holding companies. It
repeals a 1957 prohibition against
MBHCs in the state.
Bringing the court action are the
McHenry State Bank, State Bank of
Arthur and First National Bank of
Lacon. President of the McHenry
Bank is Thomas F. Bolger, immedi­
ate past president of IB A A and
treasurer of the Illinois Bankers
Association. President of the Arthur
Bank is James L. Winningham,
immediate past president of ICBI.
The suit asks tor an injunction and
declaratory judgment, and seeks to
nullify the law and declare it

Call our
Bond
Department
For up-to-the-minute,
accurate information

BROKEN BOW:
Theodore S.
Forsyth, 76, retired president of the
Nebraska State Bank, died recently
of an apparent heart attack.
GRAND ISLAND: Ken George has
been promoted to chief administra­
tive officer-consumer lending at First
National Bank. Mr. George has been
with the bank 19 years, most recently
serving as assistant vice president.
HASTINGS: A t City National Bank,
Murray Thompson has been elected
assistant vice president and managerconsumer loans. He was previously
with Commerce Bank of Grandview,
Mo.

HUBBELL: The Hubbell Bank
of Perpetual Savings & Loan recently celebrated its 100th anniver­
Association of Rapid City into a sary with a beef barbeque for all bank
stronger partner. The move will customers. About 250 people were
create the largest thrift institution in served at the festivities in Hubbell
South Dakota.
Park.
The $43.6 million-asset Perpetual
was merged into the $215 million- IM PERIAL: Richard Grubb has
asset First Federal Savings & Loan joined Chase County Bank & Trust as
Association of Rapid City. The an assistant vice president. The past
FSLIC assisted the transaction but two years Mr. Grubb has been
did not disclose the amount of aid assistant vice president and trust
used to make the merger possible, A t officer at the Keith County Bank &
the end of May the Federal Home Trust in Ogallala.
Loan Bank Board had 363 institu­
tions on its list of ailing associations NORTH PLATTE: Ken Glass has
joined McDonald State Bank as
under close government scrutiny. So
far this year, however, only one S & assistant vice president and will serve
as a lending officer. He was
L, located in Chicago, has been
previously branch manager for a
liquidated.
savings and loan office here.

Nebraska News

Wyoming News

BELLEVUE: The Bank of Bellevue
recently held a grand opening
celebration for its new 25,000 square
foot facility in the American Plaza.
Tours were conducted and prizes

BUFFALO: The Wyoming Bank &
Trust Co. recently celebrated its 75th
anniversary with a free barbeque and
live music, according to Don Kraen,
president.

Tom Steffens

John Henderson

Vice President

Tony Paugoulatos

Vice President

Asst.Vice President Asst.Vice President Bond Officer

234-2462

234-2463

234-2647

Jim McLaughlin
234-2673

i^ r C o m m e r c e BANK o f Kansas C ity
M em b e r FDIC


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

included a trip for two to Mexico.

'

Rusty Reese
234-2674

10th and Walnut

Dave Wittenborn

Bond Representative
234-2691

(816) 234-2000

4

PARTIAL LIST OF
AVAILABLE APPLICANTS

SERVING PROFESSIONALLY
Banking, Financial & Business Personnel
Iowa and Nationwide

INSTALLMENT - BA degree in business Admin.
Branch mgr with primary resp of installment lending.
$ 20,000.

CAPITAL PERSONNEL SERVICE

ASST V.P. - BA degree with finance major. Lending
capacities in all areas. Also exp in operations and
marketing. $26,000.

714 Central National Bldg. 515-283-2545
_______ Des Moines, Iowa 50309_______
BANK PLACEMENT SPECIALISTS
(Our33rdyear)
Call experienced professionals to locate the
right candidate for your vacancy . .. or the right
“ move-up” for yourself.
CORPORATE RECRUITERS
MIDWEST BANKING DIVISION
202 S. 71 st Street
402 / 393-5515
Omaha, Nebraska 68132

WANTAOS
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 -1 5th Street
Des Moines, Iowa 50309
Phone 515/244-8163

When it comes to agriculture, banking and
perso n n el. . . go to the specialists — go to
A G R Icareers, Inc.
Progressive bankers pay us to find the people
they need.

Ag Loan O fficer..................IA . $15-20,000
Sales & Mktg. Rep . . . F L /G A . $20-25,000
C E O .................................KS . $30-35,000
Ag Loan O ffic e r..............MN . $15-20,000
Ag Loan Off icer/ Insurance IA . $15-20,000
2 Ag Loan O ffic e rs ............IA .$16-23,000
Ask the ag banking specialists what’s
available without cost or obligation.

PORTABLE MINI-BANK 8’x14’ Diebold BR drive up
window, BR door, heater, AC and carpet. Available
11-1-81. Contact T.J. Richards, Peoples Trust and
Savings Bank, Indianola, Iowa 50125. Phone (515)
961-6241._________________________________ (FS)

POSITION AVAILABLE
OPENING in $20 million north central Iowa bank for
ag-lending officer. All inquiries confidential. Send
resume to file OBJ, c /o Northwestern Banker.
(PA)
Opportunity for young lending officer to join
management team of $18 million northwestern Illinois
Bank. Duties w ill include installment and commercial
lending and business development. Excellent
community; good growth potential. Send resume and
salary requirements to file OBA, c /o Northwestern
Banker.__________________________________ (PA)
NUMBER TWO LOAN OFFICER - Want loan officer
with experience in commercial, farm and other types
of loans for growing $26 million bank at gateway to
Lake of the Woods area. Salary commensurate with
experience. Contact: David Swenson, President, First
National Bank of Baudette, P.O. Box Drawer D,
Baudette, Minnesota56623._________________ (PA)

POSITIONS AVAILABLE
Ag Lender for progressive Nebraska community bank
...........................................................................$18,000
Marketing Officer for bank in central Iow a....................
................................................................... Salary Open
Ag Lender for north central Iowa b a n k ............$20,000
Installment Officer for western Iowa bank Salary Open
Insurance Agent for western Iowa b a n k .. .Salary open
Write or call Malcolm Freeland, Freeland Financial
Service, Inc., 246 Insurance Exchange Bldg., Des
Moines, IA 50309. Phone 515/282-6462. Employer
pays fee.___________________

EXEC V.P. - 20 yrs banking exp with well rounded
lending exp. Has served several yrs as bank
compliance officer. $35,000.
AG LENDER - Majored in Ag business with 4 yrs
lending exp. Also exp w ith consumer loans and has
insurance licenses. $23,000.
OPERATIONS - BA degree and 1 yr banking
experience. Familiar with all teller areas and financial
statements. $12,000.
FOR FURTHER INFORMATION
RESPONDIN CONFIDENCETO:

NEW HAMPTON. IA 50659 MASSENA. IA 50853
1(5 15 )3 94 -3 14 5
(712)779-3744

aqnc4RBRs,iNC.

Bank Division

— * THE ORIGINAL AGRICULTURAL RECRUITER
(M l

FOR SALE OR LEASE
FOR SALE

TRUST OFFICER - Over 11 yrs exp with major
emphasis in Trust Admin, New Business development
and Investments with the overall resp of the Trust
Dept. $28,000.

Twenty (20) NCR 152-70 teller machines. Four(4) NCR
775 single pocket proof machines. Three (3) NCR 775
twelve (12) pocket proof machines. Call 512/250-0794
for more information.____________________ (FSorL)
PERMANENT OR TEMPORARY - Sale or lease
financial facilities. Available immediately: 14’x60’ in
Nebraska; 14’x50’ with 2 DUWs in Illinois; 14’x60’
mobile-type in Missouri; 9’x12’ teller buildings
available. Permanent facilities to 4,000 sq. ft. SON
CORPORATION, Box 684, W ichita, KS, 67201. Call
collect (316) 942-8167.___________________ (FSorL)

®

of Iowa, Inc.
317 6th Ave.
Des Moines, IA 50309
(515) 244-4414

ALL FEES COMPANY PAID

UPDATE YOUR ALARMS
Special on 35mm auto cameras.
Check w ith us firs t BEFORE making a
purchase.

POSITION WANTED

SECURITY SYSTEMS, INC.
3920 Delaware
Des Moines, IA 50316
[515)265-1161

INVESTMENT AND TRUST BANKING DIVISION. BS
in business administration, experienced account
executive in regional investment banking business.
New York and NASD licensing. $19,000 range. Write
FileOBK c /o Northwestern Banker.___________ (PW)

CORRESPONDENT OFFICER - travel Kansas and
Missouri for affiliate of major midwestern holding
company. Preferag background.
$27,000

POSITIONS WANTED
Ag Lender, Iowa State grad, currently employed,
seeks central Iowa p o s itio n .............................. $23,000
Operations officer with multi-bank holding company
wants to join community b a n k ........................ $23,000
Examiner seeks challenging commercial banking
opportunity. 8 years experience....................................
Second Officer in Wyoming bank wants position
leading to CEO in Mountain S tates...................$30,000
Ag Lender located in Illinois wants to relocate $20,000
CEO of $50 million Illinois bank seeks new
o p p o rtu n ity........................................................$45,000
Write or call Malcolm Freeland, Freeland Financial
Service, Inc., 246 Insurance Exchange Bldg., Des
Moines, la. 50309. Phone 515/282-6462 for all your
personnel requirements. Employer pays fee.______

Insurance for
Financial Institutions
Automated Systems of Iowa, Inc.
301 N. Ankeny Blvd., Suite 220
Ankeny, la 50021
515-964-1358

POSITIONS AVAILABLE

INSTALMENT LOAN - head dept, for $30MM Iowa
bank. Must like rural communities and have 5 yrs
consumer loan experience.
$25,000
INSURANCE AGENT - rural Iowa bank with
established agency desires fully licensed agent with
at least 2 yrs. experience. Some bank duties.
$Open
SENIOR LENDING OFFICER - independent bank
located in western state. Supervise entire lending
function and establish policy.
$28,000
AGRI-LOAN - large southwestern bank needs senior
ag officer to coordinate and review credits of
branches. Degree and major bank experience
required.
$40,000
OPERATIONS - $50MM bank in major resort area.
Position requires operational expert with a record of
solving problems.
$28,000
COMMERCIAL LOAN - suburban bank of $100MM
wants to expand staff. Primary duties involve comm’l
loans with secondary responsibility for comm’l real
estate credits.
$30,000
SECOND OFFICER - rural Nebraska bank with
majority of portfolio in ag credits. Excellent
opportunity to assume number one position. $30,000
Ail inquiries confidential. Salary history and resume’
requested.

TOM HAGAN & ASSOCIATES
of Kansas City
P.O. Box 12346, 2024 Swift
North Kansas City, MO 64116
816/474-6874
“ Serving the Banking Industry S incel 970”

Approved Iowa Bankers Association Forms

F

orms

FO R BAN KS

APPLICATIONS/FINANCIAL STATEMENTS—Agriculture, Business, Consumer Credit. Personal, Real Estate
NOTES—Standard, Variable, Simple and Precompute, Master, Home Improvement with Disclosures.
Adjustable Rate Note and Rider
REAL ESTATE—Mortgages, Home Improvement, FNMA and FHLMC
SECURITY AGREEMENTS—Agriculture, Business, Consumer Credit, Retail, Wholesale
SECURITY—Assignments, Agreements, Collateral Pledges, UCC Forms
MISCELLANEOUS—Notices (Co-Signors, Right-to-Cure), Substitution of Collateral. Right of Rescission, etc.

WA TCH FOR SAMPLE CA TALOG IN THE MAIL

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Vol. 10 No. 23 Northwestern Banker Newsletter [USPS 873*300] is published weekly by the Northwestern Banker Company, 306
Fifteenth Street, Des Moines, Iowa 50309. Subscriptions $1.00 per copy, $15.00 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.

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