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RALPH K. HOLLIDAY NAMED PRESIDENT OF KEY BANK OF WASHINGTON

 TACOMA, Wash., April 26 /PRNewswire/ -- Ralph K. Holliday has been appointed president and chief operating officer of Key Bank of Washington. The announcement was made by Hans F. Harjo, chairman and chief executive officer.
 Most recently, Holliday held the position of executive vice president and manager of Key Bank's Retail Banking Group.
 "As a result of the acquisition of Security Pacific Bank Washington holdings and our merger with Puget Sound Bancorp, Key Bank has twice doubled its size since September 1992," said Harjo. "My intention -- as the bank has evolved and grown -- has been to appoint a president to manage the day-to-day operations of our expanding franchise in Washington. Ralph Holliday has demonstrated the consistent and superior leadership abilities that will help us meet our financial goals and achieve our retail banking service objectives. By sharing responsibilities and working in a management partnership, Ralph and I can best respond to meeting the needs of our bank, our customers and our ever-growing market presence."
 Holliday will continue to manage Key Bank's retail banking network. In addition, the bank's consumer lending activities have been added to his responsibilities. Also reporting to Holliday will be those staff functions that most closely support the bank's retail banking and consumer lending functions: Marketing and Sales, Administrative Services and Facilities.
 As chairman and chief executive officer, Harjo will continue to be responsible for the overall operations of Key Bank of Washington and its strategic planning.
 Holliday joined Key Bank in August 1992 as executive vice president and manager of Key Bank's Eastern Division. He was promoted to executive vice president and manager of the bank's Retail Banking Group in January 1993. Prior to joining Key Bank, Holliday was president and chief executive officer of Bank of America Alaska -- a position he held from 1990 to 1992.
 As Security Pacific Bank Washington's Retail Branch Operations manager from 1988 to 1990, Holliday was responsible for the bank's statewide branch system. His 30-year banking career also includes various management positions with Rainier Bank. Holliday and his wife Joann reside in Federal Way.
 Key Bank of Washington, with nearly $8 billion in assets and 192 branches, is a subsidiary of KeyCorp (NYSE: KEY). KeyCorp, with assets of $31.9 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 loan exposure.
 -0- 4/26/93
 /CONTACT: Rob Gill of Key Bank of Washington, 206-593-3774/
 (KEY)


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

SW-MC -- SE005 -- 0707 04/26/93 12:44 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
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