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First Charter Corporation Names New Board Member.


CHARLOTTE, N.C. -- First Charter Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: FCTR FCTR First Charter Corporation (stock symbol)
FCTR Federal Cash Transactions Report
FCTR Forced Call Termination Rate
) today announced that its Board of Directors has appointed Jerry A. Felts a Director. Jerry Felts is a recently retired senior financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 partner with Ernst & Young, LLP LLP - Lower Layer Protocol .

During his career, Mr. Felts managed consulting teams that advised regional bank holding companies throughout the United States. They consulted on a variety of areas, including: financial reporting, regulatory compliance, risk management, internal audit, and loan review. Mr. Felts is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 and lives in Charlotte.

"Jerry's broad range of consulting and audit experience with banks further strengthens the ability of the First Charter Corporation Board to carry out its financial oversight responsibilities. We look forward to the contributions he will make in implementing our goals for increased growth, operational excellence, and increased profitability," commented Lawrence Kimbrough, President and Chief Executive Officer, First Charter Corporation.

"I look forward to serving as a member of the First Charter Corporation Board of Directors," Jerry Felts commented.

Mr. Felts will serve an initial term that expires at the 2005 First Charter Corporation annual meeting of shareholders. At that time, it is expected that he will be nominated to stand for election by the shareholders for a three-year term.

About First Charter Corporation

First Charter Corporation is a regional financial services company with assets of $4.4 billion and is the holding company for First Charter Bank. First Charter operates 53 financial centers; six insurance offices and 99 ATMs located in 18 counties throughout the piedmont and western half of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
. First Charter also operates one mortgage origination office in Virginia. First Charter provides businesses and individuals with a broad range of financial services, including banking, financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
, funds management, investments, insurance, mortgages and a full array of employee benefit programs. Additional information about First Charter can be found by visiting www.FirstCharter.com or by calling 1-800-601-8471. First Charter's common stock is traded under the symbol "FCTR" on the NASDAQ National Market.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 23, 2004
Words:328
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