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Bank of Yorba Linda in California has elected H. Rhoads Martin Jr. as chairman.

He succeeded John C. Coelho, who retired June 25. Mr. Coelho founded the bank in 1980 and had been its chairman ever since.

Mr. Martin, a director of the $133.4 million-asset bank since 1991, is president and chief executive officer of Martin Cos., Santa Ana, Calif.

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