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The Federal Reserve Bank of San Francisco said Gerry B. Cameron and Krestine M. Corbin have started three-year terms on it its board of directors.

Mr. Cameron, chairman and chief executive officer of U.S. Bancorp, Portland, Ore. was elected by the 20 largest banks from the nine western stares. He succeeds William E. B. Siart, president of First Interstate Bancorp, Los Angeles, who has served as a head office director since 1989.

Ms. Corbin, president and chief executive officer of Sierra Machinery Inc., Sparks, Nev., was elected by the district's 173 smallest member banks to represent nonbanking interests on the nine-member board. She succeeds William L. Tooley, chairman of Tooley & Co., Los Angles, who had been a director since 1989.

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