Greater Nevada Credit Union, Carson City, Nev., hired Patty Little as loss mitigation manager. Little will oversee loss-mitigation activities such as repossession, remarketing,

Saying he wants a system where financial services institutions "compete on price and quality, not on tricks and not on traps,"

The SEC is asking for feedback on the areas of the Dodd-Frank Wall Street Reform and Consumer Protection Act that will impact investors.

While certificate of deposit rates at Internet-based banks are above the national average rate, they lag behind those at traditional financial institutions.