Charter One Financial, Cleveland, has reported record net income of $68.4 million ($0.52 per share) for the second quarter.Retail banking revenue increased 44% from the same period in 1997, and loan and lease originations totaled a record $2.8 billion. "Admittedly the interest rate environment influenced the volume," noted Charles John Koch, Charter One's chairman and CEO, "but this level of originations can only mean that we continue to gain market share through our integrated sales approach." Charter One's website address is http://www.charterone.com
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