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BEVIER NAMED CHAIRMAN AND CEO OF KEY BANK OF WASHINGTON

 ALBANY, N.Y., June 28 /PRNewswire/ -- Victor J. Riley, Jr., KeyCorp's (NYSE: KEY) chairman, president and chief executive officer, today announced the appointment of Deborah L. Bevier as chairman and chief executive officer of Key Bank of Washington. The board of directors of Key Bank of Washington voted unanimously to elect Bevier at a special meeting held Saturday at the bank's headquarters in Tacoma.
 The appointment makes Bevier, 42, one of two women in the United States to head a commercial bank with assets in excess of $6 billion. She is a veteran KeyCorp bank president who has served most recently as chairman, president and chief executive officer of Key Bank USA N.A. Ralph K. Holliday will continue as Key Bank of Washington's president and chief operating officer.
 Commenting on the announcement, Riley said "The opportunities available to Key Bank of Washington to expand its markets in the communities we serve are tremendous. Taking advantage of those opportunities will be an extraordinary challenge. Deborah Bevier has risen to increasingly greater challenges given her as a Key Bank president. I'm convinced her banking experience and proven leadership will make her the right person to meet this challenge as well. She and Ralph Holliday will make a powerful and unique team, each making valuable contributions in their special areas of expertise.
 Continued Riley, "Deborah Bevier has shown her ability to perform under pressure, having started a new bank in 1987 and developing it into a thriving, growing part of KeyCorp. In that capacity she was given responsibility for KeyCorp's leasing business nationwide. For that purpose, KeyCorp Leasing, Ltd. was created and is a wholly-owned subsidiary of Key Bank USA N.A."
 Bevier has served as chairman, president and chief executive officer of Key Bank USA N.A. since 1987. She began her banking career in 1973 with KeyCorp's flagship bank in New York State, and held various positions of increasing responsibility in the retail banking division. She became vice president for asset/liability management of the parent company, KeyCorp, in 1985 and served in that capacity until assuming her Key Bank USA N.A. position in 1987.
 Key Bank of Washington has over $6.5 billion in assets and 192 branch offices throughout the state.
 KeyCorp (NYSE: KEY), with assets over $30 billion, is a multi- regional bank holding company headquartered in Albany, N.Y. It has focused its banking expansion activities in the Northeast and Northwest. As "America's neighborhood bank," KeyCorp pursues a middle-market target concentrating its resources in cities and smaller communities of the northern tier of states, thus avoiding overcrowded marketplaces and single industry loan exposure.
 -0- 6/28/93
 /CONTACT: Lee Irving, 518-486-8579 or 518-479-3273, after hours, or Susan Peterson, 518-486-8258 or 518-587-3008, after hours, both of KeyCorp; or Rob Gill of Key Bank of Washington, 206-593-3774 or 206-286-9950, after hours/
 (KEY)


CO: KeyCorp; Key Bank of Washington ST: New York, Washington IN: FIN SU: PER

BM -- CL006 -- 6094 06/28/93 08:40 EDT
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Publication:PR Newswire
Date:Jun 28, 1993
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