Charter One Financial Inc. will make a first foray into auto finance with its anticipated purchase of $4 billion-asset RCSB Financial Inc., Rochester, N.Y.

RCSB's expertise-it has $1.1 billion of auto loans-could be a big plus for Charter One's plan to be a banker to middle-income midwesterners, said analyst R. Jay Tejera of Dain Bosworth Inc., Minneapolis.

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