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WASHINGTON—Total consumer credit rose 5% in December, after a monthly increase of 6.8% in November and a 7.9% increase in October (all seasonally adjusted annual rates).

BIRMINGHAM, Ala.–Dollar Associates said it will hold a free webinar on “IRS Reporting on CU Executive Compensation: The Insides and Outs of the New Excise Tax on all Not-for-Profits” on Wednesday from 3:00-4:30 p.m. ET.

ITTA BENA, Miss.–Federal Reserve Chairman Jerome Powell will deliver remarks here today during an event being sponsored by an affiliate of a local credit union.

WESTBROOK, Maine–The Maine Credit Union League joined representatives from Good Shepherd Food Bank at its Hampden Distribution Center to present the organization with a check for $20,000 to support their renovation efforts. 

WASHINGTON—For the first time in history, consumer credit has risen above $4 trillion.

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COLLEGE STATION, Texas- Kimberly Gaines has been promoted to Branch Manager with Aggieland Credit Union to run the Northgate Branch, the CU said.

DUBAI–The head of the International Monetary Fund is warning governments around the world to prepare for a possible economic storm, pointing to “four clouds” on the horizon.

WASHINGTON–Both the House and the Senate are back in session this week, but much of the agenda is going to feel like déjà vu—funding the federal government and avoiding another shutdown.

GRAY, Tenn.–One week after the death of its CEO, 11 employees of Appalachian Community FCU here were laid off as part of a “restructuring.”