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CHICAGO–Continued expansion of lending, including to non-prime consumers, is expected to occur in 2022 with origination levels reaching or surpassing pre-pandemic levels, according to the newly released TransUnion Financial Services 2022 Consumer Credit Forecast.

LAKE MARY. Fla.—One credit union that took advantage of new rules and signed a college athlete as a spokesperson now says it expects to sign other.

MIDLAND, Mich.–Two more credit unions have announced year-end member givebacks.

WASHINGTON – The Federal Deposit Insurance Corp.’s board has approved a 2022 Operating Budget of $2.262 billion. The decision comes during the same week in which the NCUA board will consider the agency’s own budget—during its meeting today—and a week after it hosted a budget briefing.

ST. PETERSBURG, Fla.—Strong consumer purchasing has continued through the peak of the holiday shopping season, with mixed results among the larger retailers amid a shifting tone from the Fed on inflation, PSCU is reporting, citing data from its December PSCU Payments Index.

WASHINGTON–Acknowledging inflation has exceeded its 2% goal “for some time,” the Federal Reserve has adjourned its December meeting here by leaving rates untouched but also announcing it will continue to reduce its monthly pace of its net asset purchases by $20 billion for Treasury securities and $10 billion for agency mortgage-backed securities.

ALBUQUERQUE, N.M.– US Eagle FCU has become the first financial institution in the country to become certified for outstanding U.S. monetary banking protocols in banking cannabis and hemp operations.

WASHINGTON–A final rule issued by the Office of the Comptroller of the Currency (OCC) seeks to rescind anti-redlining rules adopted in 2020 and replace them with regulations it and other federal agencies issued in 1996.

SAN CARLOS, Calif.—Merchants like the slick, easy-to-use new buy now pay later (BNPL) services that are capturing the attention of consumers—and helping drive sales—but one expert is cautioning that as credit unions race to play in this space they must do so without adding clicks to the process.

WASHINGTON–Credit Union Awareness, LLC, the organization overseeing CUNA’s “Open Your Eyes to a Credit Union” awareness initiative, is reporting it has exceeded “consumer consideration goals.”