SACRAMENTO, Calif. -- William Haraf, Ph.D, named commissioner of the California Department of Financial Institutions last month by Governor Arnold Schwarzenegger, takes office today.

MINNEAPOLIS -- Elan Financial Services, a subsidiary of U.S. Bank, has announced the purchase of three more credit union card portfolios and the launch of another. The buys bring the card issuer $40 million in additional balances, the firm said.

BOULDER, Colo. -- Elevations Credit Union, which lost its president/CEO, William Sterner Monday following a heart attack, said Friday it has named Evelyn Polando, chief operating officer, as interim CEO while a search is underway for a permanent successor.

NEWPORT BEACH, Calif. -- NACUSO has announced a "call to arms" towards the Treasury Department's controversial financial regulatory reform proposal.