Fresh Today

ARLINGTON, Va.—On a seasonally adjusted basis, overall consumer prices increased 0.2% in December following a 0.3% rise in November.

WASHINGTON—NCUA Chairman Rodney Hood shared updates on several issues, including data privacy, regulatory relief, consumer protection, and fintech, at an event at the Exchequer Club. Separately, NCUA Board Member Todd Harper met with credit unions in the Carolinas.

LAWRENCEVILLE, Ga.—December continued the sharp fourth-quarter decline in used vehicle values, Black Book reported.

ONTARIO, Calif.—Across a handful of local regions within 13 different geographies of California and Nevada, the pace of auto lending growth at many credit unions is either slowing down or growth is outright sliding into negative territory, the California and Nevada Leagues reported.

WASHINGTON–CUNA said it and the state league system will spend a record $7-million during the 2020 election cycle to support congressional candidates on both sides of the aisle.

WASHINGTON—Several lawmakers flagged the potential economic consequences of the current expected credit loss (CECL) standard and criticized the lack of understanding about its impact during a House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets hearing featuring Financial Accounting Standards Board (FASB) Chairman Russell Golden.

LANCASTER, Calif..–Edwards FCU has become the latest to post a senior executive position in CUToday.info’s The Gig.

PORTLAND, Ore.–USAgencies Credit Union in has named a new CEO. Effective Feb. 3, the $90-million USAgencies said Justin Olson will lead the organization.

DELRAY BEACH, Fla.–IBM Southeast Employees Credit Union will be changing its name effective March 2. The new name: iTHINK Financial Credit Union.

NAPERVILLE, Ill.–Alloya Corporate FCU has renewed its partnership for 2020 with Suze Orman, America’s Personal Finance Expert. As part of the partnership, Alloya will be sponsoring Suze’s popular Women & Money podcast.