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Press Release

First Charter Bank to Utilize RolloverSystems for Retirement Plan Rollovers

CHARLOTTE, N.C. (February 14, 2006) -- First Charter Bank has chosen the RolloverSystems RolloverHQ™ platform to provide independent, automated retirement plan rollover services, including EGTRRA-mandated automatic rollovers, to some of the 180,000 retirement plan clients of First Charter Bank and its subsidiary, SouthEastern Employee Benefit Services (SEBS).

"We wanted to give our clients and their employees the best tool in the market for rolling over their retirement assets, and we selected the RolloverSystems platform," said Jon Yancey, Vice President of the First Charter Corporate Asset Management Group. "Now employees can easily weigh their rollover options, choose an IRA that's right for them, and initiate their rollover in minutes."

In addition to its proprietary technology, RolloverSystems will provide a number of private label services to eligible First Charter retirement plan participants, including customer communications, access to the RolloverMarket Network™, fulfillment and customer service. First Charter chose RolloverSystems in June 2005 to aid in the compliance with EGTRRA-mandated automatic rollovers for qualified retirement plans. First Charter intends to expand the relationship to include the RolloverSystems process for all rollover distributions.

"First Charter is a great client for us," said RolloverSystems CEO, Reginald Bowser. "We can really help streamline their distribution and rollover operations and enable them to provide a unique new service to their participants."

About First Charter Corporation

First Charter Corporation is a regional financial services company with assets of $4.2 billion and is the holding company for First Charter Bank. First Charter operates 58 financial centers, four insurance offices and 140 ATMs located throughout North Carolina. First Charter also operates mortgage origination offices in Asheville, NC and Reston, VA. First Charter provides businesses and individuals with a broad range of financial services, including banking, financial planning, funds management, investments, insurance, mortgages and a full array of employee benefit programs. Additional information about First Charter may 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.

About SouthEastern Employee Benefit Services

SouthEastern Employee Benefit Services (SEBS), a wholly-owned subsidiary of First Charter Bank, is a third party administrator and record-keeper of defined benefit, 401(k), 403(b) and other employer-sponsored retirement plans. Founded in 1971, SEBS serves over 2,000 companies throughout the United States. For more information about SEBS, please visit www.sebsinc.com.

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