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MIAMI—Expect gifts this year to be a little smaller, as consumers cut back due to inflation, a news study from WalletHub shows.

WASHINGTON--The Defense Credit Union Council (DCUC) is urging the Senate Banking, Housing and Urban Affairs Committee to address "regulatory overreach" by the Consumer Financial Protection Bureau, which could harm military service members and their families.

WASHINGTON—Will Donald Trump’s administration slow down the nation’s drive toward electric vehicles, and will that impact EV resale values—forcing lenders to carefully value EV collateral?

ALEXANDRIA, Va. -- Assets and loans at federally insured credit unions rose at the median over the year ending in the third quarter of 2024, while shares and deposits declined, according to the latest NCUA state-level data.

WASHINGTON, D.C. –Rep. French Hill (R-AR), chair-elect of the House Financial Services Committee, has introduced the “Military Financial Services Protection Act of 2024.”

MADISON, Wis.—World Council of Credit Unions (WOCCU) has joined the Amazonia Finance Network (AFN), an alliance comprised of more than 50 international, regional and national financial organizations dedicated to promoting socioeconomic, environmental and sustainable development in the Amazon Region.

LAWRENCEVILLE, Ga.—Used vehicle values increased in November, according to Black Book.

JACKSON, Miss.—Credit unions are taking action to block the CFPB’s new overdraft rule, America’s Credit Unions reported.

CHENEY, Wash.—After leading the organization for 34 years, JoAn Sanders, CEO of $140-million Cheney FCU, will retire at the end of the year, the Spokane Journal reported.