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LONDON—The Bank of England (BoE) is inviting applications from companies on a sample wallet that could one day hold its central bank digital currency (CBDC).

WASHINGTON—The CFPB has finalized annual changes to asset-size exemption thresholds under the Home Mortgage Disclosure Act (HMDA) and Regulation Z based on the 8.6% increase in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the 12-month period ending in November 2022.

NEW YORK—With credit card debt and delinquencies rising, many Americans are struggling with their finances, and a new report reveals younger consumers are struggling the most.

WASHINGTON–Minutes released from the Federal Reserve’s Open Market Committee meeting in mid-December show an acknowledgement that inflation appears to have begun easing, but not sufficiently enough to warrant an end to pushing rates up.

SUMTER, S.C.–SAFE FCU said it has paid out annual bonus dividends and interest rebates totaling more than $2.16 million—one of the highest givebacks in its history.

WEST PALM BEACH, Fla.–John Deese, the long-time president and CEO of Guardians Credit Union, has retired after 44 years of service.

WASHINGTON– Three banking regulators have issued a joint statement on the risks of crypto assets on banking organizations.

WASHINGTON— Concerns over a proposed rule that could add “unnecessary restrictions and raise home loan refinancing costs for veterans and credit unions” are being expressed in a letter to the Department of Veterans Affairs by NAFCU.

DETROIT–With credit unions continuing to post record loan numbers, and with CUs cumulatively the largest auto lender in the U.S., U.S. auto sales are projected to total 13.7 million vehicles in 2022, the lowest figure in more than a decade and an 8% decrease from 2021, according to a joint forecast by J.D. Power and LMC Automotive.

MANCHESTER, N.H.–Two credit unions have named new leadership.