With 1-cent closing costs on mortgage refinancings and home equity loans, Charter One Financial Inc. has zoomed to the top of the list of residential lenders in Buffalo since acquiring RCSB Financial Inc. in Rochester, N.Y., last October.

That kind of aggressive bidding for business will make it a strong contender throughout the territory it picks up in buying Albank Financial Corp., said Joseph Ryan, a broker and adviser to community banks with Brighton Securities Corp. in Rochester.

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