SAN DIEGO - Bank of America said Security Pacific Financial Services, which had been made up of Security Pacific Housing Services Inc. and a national consumer finance company, will become two separate units.
M. Faye Wilson was named head of the nationwide consumer finance unit, which will be called Security Pacific Financial Services. John W. Wheeler will manage Security Pacific Housing Services Inc., a division of Bank of America.
Ms. Wilson was executive vice president in charge of credit administration for the bank's national consumer banking group. Mr. Wheeler, who was president of the manufactured housing unit before it merged with Security Pacific Financial Services, will resume that post.