In The News
Charter Bank Earns Superior Financial Ranking from IDC
Albuquerque, NM (01/30/06) For the period ending September, 2005, IDC Financial Publishing, Inc. ranked Charter Bank as "Superior" in its class of financial institutions that hold P&I and T&I custodial accounts. The IDC "Superior" rating is given only to savings institutions ranked "the best by all measures," including minimal loan delinquency, controlled operating expenses and costs, and a healthy return on assets (ROA).
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 fifth largest financial institution in New Mexico, with assets of over $1 billion and six branches in Santa Fe and Albuquerque 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 loan originators in New Mexico.
For details, contact:
Susan Millspaugh
1-800-370-3345
www.charterco.com
