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METROPOLITAN NAMES JOHN F. CLEARMAN TO BOARD OF DIRECTORS

 SEATTLE, Aug. 10 /PRNewswire/ -- Metropolitan Bancorp (NASDAQ: MSEA) and its subsidiary, Metropolitan Federal Savings and Loan, have elected John F. Clearman to their boards of directors, the company announced today.
 Clearman is president, chief executive officer and a director of N C Machinery Co., a heavy equipment dealer of Caterpillar equipment in Washington, Alaska and the Russian Province of Magadan. Clearman joined the board on July 23, replacing Webster B. Anderson, the company's long-time member and past chairman of the board.
 Patrick F. Patrick, Metropolitan's president and chief executive officer, said, "Clearman brings a wealth of business skills together with a spirit of community involvement. We feel customers and shareholders alike will benefit by his addition to Metropolitan's board."
 Prior to joining N C Machinery in 1981, Clearman was regional audit partner for the Western United States for Touche Ross & Co., where he was employed for 22 years. A graduate of the University of Washington (UW) with a B.A. in Business Administration (Accounting), Clearman currently serves on the boards of directors of Esterline Inc. and the Woodland Park Zoological Society. He is past chair of EDC of Seattle and King County, past president of Washington Society of CPAs and the Financial Executives Institute -- Puget Sound Chapter. Clearman is a former board member of United Bank of Tacoma and a former member of the board of trustees of the Seattle Chamber of Commerce.
 Clearman is currently active in Seattle Rotary, Children's Hospital Foundation, Advisory Board of the UW Graduate School of Business, UW Business School Development Committee and St. Andrews Lutheran Church.
 Metropolitan Bancorp is a savings and loan holding company formed in July 1993. Its principal subsidiary, Metropolitan Federal Savings, is an FDIC-insured, federally chartered savings and loan organized in 1935 with seven branch offices serving the greater Puget Sound area.
 -0- 8/10/93
 /CONTACT: Suzanne Tessaro of Metropolitan Federal, 206-654-7826/
 (MSEA)


CO: Metropolitan Bancorp; Metropolitan Federal Savings and Loan ST: Washington IN: FIN SU: PER

SB-JH -- SE011 -- 1428 08/10/93 18:54 EDT
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Publication:PR Newswire
Date:Aug 10, 1993
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