CALABASAS, Calif. -- Bank of America surprised industry watchers recently by reassigning the future leadership spot at Countrywide Financial Corp. to a BofA executive, Barbara J. Desoer. Bank of America has yet to finalize its $3.6 billion acquisition of the nation's largest mortgage lender.

WASHINGTON -- It's been a busy month for Credit Union Student Choice, a new student loan program CUSO, which announced today that it has hired a new staffer--Mike Weber as the new vice president of marketing.

MILWAUKEE -- Empower Credit Union has issued its first-ever bonus dividend.