Community Bankers of Iowa Monthly Banker Update September 2013 | Page 19

cent of bankers identified other community banks as their chief competitor and 1.7 percent reported large non-community banks as their major competitor and the remaining 1.7 percent said that individual farmer/owners were their biggest competitors. Many bankers attributed Farm Credit’s competitive position to their tax and funding advantages. For example, Pete Haddeland, CEO of the First National Bank in Mahnomen, said, “Farm Credit has an unfair funding advantage over community banks. It is time for Farm Credit to start paying its fair share of taxes as a government-sponsored enterprise.” Hiring: August? &\?\?[??[?^X?[?Y?H???? NK?????H ? ??[??[K?8?'???[?\?[??\?Y?[?][H???[????H?Y?[?]?[??Y?]?[XZ[????]]?K??\?[?\??\?\?X?H[??Y?Y?X?[\?H[?[?\??H\?HZ]\??Y[??????Y[??[H]H???X?K8?'H?ZY???????Y[??N?H???Y[??H[?^ ?X??Y?X??^X?][????HX???^H?^[???] ?[? L????H M???[??[K?8?'?XZ?\?Y?X?[\?H??[[?]H?X?\?[?HX?[?H[??\?H\]Z\Y[??[\?\?YHX???ZX??]?????\???H[? 8?'H?ZY?????YH[??]Z[?[\?H]Y?\??YK\?[\?[?^?\Y?H?[???? ??H???H?[x?&\? ????H]Y?\??]Z[ \?[\?[?^X?[?Y? L??????H?[x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x?&\? K?K?H?]x?&\??]?Z\?[??[?^\Y? L?????H?[x?&\? M ??[??N?H]Y?\??RH??[??H?[??? M??H???H ????[??[K?H?\?[[? \?X?H[?^?\Y? L?????H?[x?&\? M ???[??x?&\??]?Z\?[??[?^??]Y?\?X?[?Y? L?????H?[x?&\? N ? ?Z[??\??N?H]Y?\??RH??Z[??\??H?[X?Y? M ????H L?[??[K?Z[??\??x?&\??\?[[? \?X?H[?^?[? ?????H LK??[??[K?H?]?Z\?[??[?^X?[?Y?  ?????H?[x?&\?]X?????\? MK? ?Z\???\?N?H]Y?\??RH??Z\???\?HX?[?Y?H?[X[H ?K????H?[x?&\??Y?[?[Y?? K???H?\?[[? \?X?H[?^??]Y?\??[XZ[?Y?Y???\?] K??\???H?[x?&\? ? ?K?Z\???\?x?&\??]?Z\?[??[?^?[??? ? ????H?[x?&\? ????X??\??N?Y?\?[?[???[??????]]?[???[?X\?K?X??\??x?&\??\?[XZ[???Y][?^\??Y[?X??H????]]?[???]?[???ZY?[??H]Y?\??RHX?[?Y? M??????H?[x?&\? N ? ?H?\?[[? \?X?H[?^??]Y?\??\Y? ?????H?[x?&\?  ?K??X??\??x?&\??]?Z\?[??[?^???] L????Y?H???H?[x?&\? L?K???]Z??N?H]Y?\??RH????]Z??H?\Y? M?????H?[x?&\? NK?K?H?\?[[? \?X?H[?^??H?]H[??X\?Y? LK?????H?[x?&\? L ? ???]Z??x?&\??]?Z\?[??[?^??]Y?\?Y?[??Y? MK?????H?[x?&\? MK?K?X???[???]?Y?[Y\??S??Z[?\???[?H?[??[???\? 8?'???????\?H??? ???[\?H??YH?Z[???[?\?[K??'B??X?H N??\?[XZ[???Y]X???^H\???[??[??HYX\?Y?? [?^? L[?X?]\?^[??[?B?]Y?\? ? L??\?XHX???ZX?[?^?[???[YH?X??[??\??]??\?Y?X?]\??\??][??]?[???[???[Y[???\?[[??X?\??\?H\]Z\Y[??[\??YH?[\?\?[???]Z[?\?[?\?????Y[??H[?^ \?XHX???^H?^[???] H ?H ??? K?H ?? L?? ? ?? ? ?? L?? ? ?B???[H ? LM?? ?K?? L?? ?? N ?? L ? ??? ?K? L?H ? ???]Y?\? ? L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