In The News

Charter's Paul Long Named
to Rio Rancho Economic Development Corporation Board

Albuquerque, NM (04/11/05) Paul Long, Vice President and Commercial Loan Officer at Charter Bank, has been named to the Board of Directors for the Rio Rancho Economic Development Corporation (RREDC). RREDC's mission to is "to develop and strengthen the economic base of Rio Rancho."

With over 16 years of experience with financial institutions in Rio Rancho and Sandoval County, Mr. Long looks forward to helping RREDC accomplish their goals of recruiting a diverse range of export based businesses and developing a system to manage turnover and assist existing Rio Rancho economic based businesses.

Mr. Long's community involvement is not limited to RREDC. For the last 3 years, he's also been a member of the Rio Rancho Chamber of Commerce where he currently serves as the Board Treasurer.

Mr. Long has been with Charter Bank since 2003 and has recently moved to Charter's branch at 3761 NM Hwy 528 on the southern edge of Rio Rancho. He is a graduate of New Mexico State University, as well as the Western States School of Banking at the University of New Mexico.

Charter Bank

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 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

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