Musings from the CU Suite

Nov 15, 2019

NAFCU Weekend Reading Pile

Compiled by Anthony Demangone, Powered by NAFCU

It has been a busy week. NAFCU met with Google. (See below.) We met with NCUA on exam issues.  We met with Treasury on housing issues.  And we welcomed five new NAFCU members. 

Now, on to this week's reading pile. 

  • U.S. bank branches have delined rapidly in recent years. (Quartz)
  • A $45,000 loan for a $27,000 ride: More borrowers a     re going underwater on car loans. (WSJ)
  • U.S. heavy truck sales are up.  The graph tells an interesting story. (Calculated Risk)
  • And another from the WSJ: If you can manage a Waffle House, you can manage anything. (WSJ
  • Google's Checking account is setting up a showdown with Apple over financial services. (CNBC)
  • NAFCU had a face-to-face meeting with Google execs this week on that very topic. (NAFCU Today)
  • Millennials continue to outpace older generations in homebuying. (HW)
  • Why average won't cut it much longer with digital banking. (FB)
  • Apple credit card is being investigated for discrimination against women. (The Verge)

Have a great weekend, everyone!

Graph showing growth of NAFCU as an organization