Magna Group Inc., St. Louis, has named three advisory directors to the board of its bank in Springfield, Ill., and two to that of its Peoria bank.

In Springfield the new board members are Daniel E. Cheatham, president of the Forsyth Insurance Group; Marie A. Giancomelli, vice president at Robert Morris College, Springfield; and J. Garth Elzea 3d, owner and manager of the Napa auto parts franchise in Springfield.

The new Peoria directors are Richard C. Schwartz, the manager of the northern division of Illinois-American Water Co.; and Stephen A. Kouri, a law partner with Vonachen, Lawless, Trager & Slevin.

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