Musings from the CU Suite

Compiled by Anthony Demangone

And just like that...it seems summer is upon us in Washington, D.C. Highs in the 90s. Children clamoring for summer vacation. And the Capitals and Wizards are out of the playoffs. 

This weekend, the Gang O'Gones celebrate Kate and Briggs' First Communion. While the dynamic duo will not admit it, they are excited to have a big event and subsequent party in their honor. Photos to come next week!

Now, on to this week's reading pile. 

• You may have seen that household debt has topped the old record from 2008. Here's one interesting take that says...not so fast. (The Big Picture) And another that breaks down how the make-up of the debt has changed since 2008. (TBP and WSJ)
• Emotional Labor. (Godin)
• Must read: NAFCU updated our FAQ on the corporate stabilization fund. (NAFCU Today)
• Americans seem to be paying their debt "backward." (Business Insider)
• An interesting study that shows there's a huge gap between millennial financial confidence and knowledge. (NEFE)
• Everyone seems to think CFPB Director Cordray will run for Ohio Governor. (HW)
• Amazon has its eyes on the pharmacy market. (CNBC)
• Risk managers should love this. The danger of death. (The Economist)
• Changes in consumer behavior leads Target to pivot its strategy. (WSJ)
• SF plans to build affordable housing for its teachers. (BI)
• Wells Fargo may have created 1.4 million more fake accounts than first expected. (LA Times) Related? Wells Fargo announces plans to cut $2 billion in expenses by end of 2018. (WSJ)

 

The best in federal advocacy, education, and compliance.

Not a member?

Learn why 217 credit unions have recently joined NAFCU.