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ERBIL, Iraq–Brian Branch, president and CEO of the World Council of Credit Unions, has been traveling in the Kurdistan region as part of discussions over whether credit unions might be established to help refugees and others in the region.

ST. PETERSBURG, Fla.–PSCU is reporting it stopped more than $210 million in potential fraud for its members in 2018 by blocking fraud at the point-of-sale, in the call center and online, among other channels.

MOLINE, Ill.–Vibrant Credit Union said it has set aside $5 million to help furloughed federal government employees, including non-members.

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

WASHINGTON--Consumer Financial Protection Bureau Director Kathleen Kraninger has asked Congress to grant the CFPB clear authority to supervise for compliance with the Military Lending Act (MLA).

WASHINGTON—Total consumer credit rose 6.7% in November, again exceeding expectations. The non-revolving sector (primarily auto and education loans) posted its largest gains in a year – 7.1% – which partially reflects stronger than expected vehicle sales during the holiday shopping season, noted NAFCU Chief Economist and Vice President of Research Curt Long.

WASHINGTON—The economy is "evolving about as anticipated" with rising economic activity, strong labor market conditions and inflation nearing the Federal Reserve's projections, according to minutes from the Federal Open Market Committee's (FOMC) December meeting.

SALT LAKE CITY–In addition to reaching out to credit unions, thousands of furloughed federal workers are now actively reaching out to banks for help—in this case, food banks.

WASHINGTON–The new Democratic  members of the House Financial Services Committee have officially been named.
The committee will be keeping a  "watchful eye" on financial regulators to ensure they punish bad actors and do not weaken key regulatory protections, said the committee’s new chairman, Rep. Maxine Waters (D-CA).

WASHINGTON—New House Financial Services Committee Chairwoman Maxine Waters (D-CA) has outlined issues she'd like to address in the 116th Congress and specifically said she plans to maintain transparency and access to the mortgage market to ensure credit unions and community banks are not disadvantaged.