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MULTIBANK PROMOTES ROYAL B. DUNHAM, JR. AND SOTIRIOS G. YOKAS

 DEDHAM, Mass., April 13 /PRNewswire/ -- Multibank Financial Corp. (NASDAQ-NMS: MLTF) announced today the promotions of Royal B. Dunham, Jr. to senior vice president -- credit administration and Sotirios G. Yokas to the position of director of loan review.
 In his new position, Dunham will have responsibility for oversight of the company's loan policy and will manage all aspects of Multibank's corporate-wide credit administration program.
 Prior to joining Multibank in 1991, Dunham was a career official with the Office of the Comptroller of the Currency. From 1984 to 1990, he served as director of the comptroller's Boston Field Office.
 Dunham holds an MBA degree from St. John's University, and a BA degree from Morehouse College. He also completed the John F. Kennedy School of Government Senior Executive Fellows Program at Harvard University. Dunham and his family reside in Brookline, Mass.
 In his new position, Yokas will head up Multibank's centralized loan review function.
 Yokas joined Multibank in 1986.
 Prior to joining Multibank, Yokas held positions of increasing responsibility with the Federal Reserve Bank of Boston including senior analyst, discount window department and was a bank examiner for the Commonwealth of Massachusetts.
 Yokas holds an MBA degree in Finance and Accounting from Babson College, an MA degree in Economics from the University of New Hampshire and a BA degree in Economics from Merrimack College. He is also an honors graduate of the Stonier School of Banking.
 Yokas and his family reside in Peabody, Mass.
 Multibank Financial Corp. is a $2.5 billion registered bank holding company with three Massachusetts banks. The company's stock is traded on the over-the-counter market and is listed and quoted through the NASDAQ National Market System (NMS) under the symbol MLTF.
 -0- 4/13/93
 /CONTACT: Alan B. Neville, vice president, Multibank, 617-461-5572/
 (MLTF)


CO: Multibank Financial Corp. ST: Massachusetts IN: FIN SU: PER

CH -- NE015 -- 5379 04/13/93 16:28 EDT
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Publication:PR Newswire
Date:Apr 13, 1993
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