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Charter Mortgage Opens Placitas Office and Appoints Loan Officer

Albuquerque, N.M. (06/15/06) Charter Mortgage has opened a residential lending loan production office in Placitas, NM, at 01 Ridge Court, Placitas (505-867-7465). Caryn Davis will be providing professional residential mortgage lending expertise and personal customer service to its residents and the residents of surrounding communities, including Bernalillo.

Ms. Davis has over 14 years experience in the mortgage lending business. Most recently, she was a mortgage loan officer for Homeloan USA, and vice president of commercial lending for First Community Bank and Wells Fargo Bank in Albuquerque, New Mexico.

"Ms. Davis' experience in both commercial and residential lending is a valuable asset to Charter Bank ⋅ Mortgage ⋅ Insurance. We are looking forward to serving the residential lending needs of Placitas," said Susan Millspaugh, Senior Vice President and Mortgage Production Manager of Charter Mortgage.

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 $1billion 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

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