AUSTIN, Tex. -- In a title shift, the $425 million Velocity Credit Union said this week Larry Strong, its veteran CEO, is giving up his title as president with Debbie Mitchell, chief operating officer, assuming that job.

ALEXANDRIA, Va. -- NCUA Board Member Gigi Hyland told a hearing of the House Financial Services Committee today that whatever federal reform measures are enacted in the current crisis must be even-handed between federally chartered and non-federally chartered mortgage originators.

MERRIFIELD, Va. -- Navy Federal Credit Union has disaffiliated from the Virginia Credit Union League and CUNA in a principled protest over the league's chief lobbyist, Reggie Jones, and the firm Williams Mullen, which also represents the Community Financial Services Association, the trade association for 60% of the country's payday...

SAN FRANCISCO -- TJX Companies Inc., the large retail corporation which experienced the biggest retail card security breach to date, and VISA USA have agreed to a reslution that could get compensation to card issuers who suffered losses more quickly.