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Charter Bank Commercial Lending Appoints Assistant Vice President

Albuquerque, N.M. (10/03/06) Nathan D. Downie recently joined Charter Bank's commercial lending team as assistant vice president/loan officer.

Most recently, Mr. Downie was a commercial real estate credit specialist, Bank of Albuquerque. He received his Bachelor of Business Administration degree with a concentration in Finance from Anderson School of Management, University of New Mexico.

“We are pleased to have Nate on the Charter team,” said David Weber, executive vice president, Charter Bank Commercial Lending.

About Charter

Locally owned and operated, Charter provides a diverse range of financial services, including retail banking, residential/commercial mortgage and insurance.

It combines the capabilities, resources and product range of larger banks with the local decision making, market knowledge and customer service of a community bank.

Founded in 1976, it is the sixth largest financial institution in New Mexico, with five branches in Albuquerque and Santa Fe and lending offices across New Mexico and Idaho.

Charter leads the state in residential mortgage approval, funding and servicing. The company is also one of the largest commercial real estate loan originators in New Mexico.

For details, contact:
Susan Millspaugh
1-800-370-3345

www.charterco.com

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