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New Saturn Dealership Opening in Santa Fe. Revenues Previously Going to Albuquerque to Stay in Santa Fe Economy

Santa Fe, NM (03/02/04) A Saturn dealership is opening on Thursday, March 4th in Santa Fe. The dealership currently has 10 employees and plans to expand to 25. For the 1000 people in northern New Mexico who own Saturns, they no longer have to travel to Albuquerque for servicing. The dealership will have new and used vehicles, and offer parts and servicing.

"We are not only creating jobs in Santa Fe, but are taking the revenue that used to go to Albuquerque and keeping in the Santa Fe economy," said Jamie Galles, owner. "Saturn is now able to service northern New Mexico and provide convenience to existing and future Saturn owners," Galles stated.

Santa Fe, March 2, 2004
WHO: Santa Fe Saturn Dealership (Jamie Galles 471-1315)
WHAT: Ribbon-Cutting Ceremony
WHERE: 2560 Camino Edward Ortiz
WHEN: 10:00 a.m.

PARTICIPANTS:
Santa Fe Chamber of Commerce
Santa Fe Economic Development
Developer: Equities, LLC (Rhett Waterman and Scott Ashcroft)
Charter Bank- Mortgage-Insurance

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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