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Message #4
From: Stock News Bot
Date: September 22, 2006 01:38:00 PM

CHOB News Charter Oak Bank Promotes Michael Ledwich to Senior Loan Administrator

NAPA, Calif.--(BUSINESS WIRE)--Sept. 22, 2006--Charter Oak Bank (OTCBB:CHOB), a locally owned and managed community bank in Napa, is pleased to announce that Michael Ledwich has been promoted to Senior Loan Administrator. Michael has over 20 years of banking experience in Napa and has an in-depth knowledge of our business community. A lifelong resident of Napa, Michael is involved in many community efforts in the Napa Valley and is currently a member of the Napa Sunrise Rotary Club. Additionally, Michael has brought distinctive management strengths, strong values and exemplary administrative skills to the team. The Bank is fortunate to have Michael in this key leadership position.

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