Musings from the CU Suite

Compiled by Anthony Demangone, Powered by NAFCU

College campus have an issue. They build a new building or a new quad.  Where to put the sidewalks?

Penn State (my alma mater) and other schools don’t sweat the process as much as you think. They let students walk where they will. When new paths destroy the grass, the school puts in a sidewalk based on the pattern.

When that happens, you get sidewalks like this.

So, who designs the sidewalks at Penn State?  Well, pretty much everyone does. I think there's a lesson there.  Sure, we plan as well as we can. But sometimes, you'll need to see how people use something when it hits the market - and we need to be prepared to make changes.

Now, on to this week's reading pile.

• Durbin proposal will go after credit interchange. (NAFCU) NAFCU will fight it, but we need your help. Use our Grassroots Action Center to join the fight!
• CFPB looking to tighten rules around who is responsible for money-transfer scams. (CNBC) CUs would be on the hook.
• Biden administration announces new programs to help underserved communities. (White House) Two NAFCU Services Preferred Partners are part of the efforts.
• A recession alarm is ringing on Wall Street. (NYT)
• Who oversees digital? (Gonzo Banker)
• Paths not taken. (Godin)
• Hotel guests are back, but the workers are not. (WSJ)
• Inside one bank’s marketing and innovation strategy. (FB)
• The great resignation is long over. (Ritholtz)
• Congressional Caucus - Save $200.00 with code BEIMPACTFUL by 8/12 for NAFCU’s Congressional Caucus. (Register now)
• Some restaurants are adding an inflation fee. (Entrepreneur)
• Urban centers are struggling. But perhaps none more than S.F. (Bloomberg)
• Businesses need explorers and builders. (FC)
• Six experts on the future of remote work. (Vox)