Musings from the CU Suite

Mar 05, 2021

NAFCU's Weekend Reading Pile

Compiled by Anthony Demangone, Powered by NAFCU

Sometimes, things change so slowly, it prevents you from seeing the magic.

If you take a flight from your home to … just about anywhere, that’s fairly amazing. We’ve only been flying mechanically since 1903. But if that’s not enough, you can send an email from the plane to your sister Ethel in mid-flight.

That’s magical. There’s no other way to put it.

Much like credit unions.

Back in 1935, or 1943, or some other year, a group of people threw some money into a shoe box and started your credit union. It was a bit more complex, but you get the idea.

Today, your credit union might offer debit cards. Online banking. Mobile banking. Mortgages. And more.

On that flight, after you emailed Ethel, you could check your checking account balance, make a loan payment, and apply for a truck loan with your credit union. People working together as a cooperative, have provided a platform to provide themselves the most sophisticated financial services possible. From a shoe-box to that plane ride.

That’s magical. There’s no other way to put it.

Now…on to this week’s reading pile.

  • How to fuel tomorrow’s energy tonight. (Leadership Freak) I need to focus on this more.
  • Heavy truck sales are up 9% YOY in February. (Calculated Risk)
  • Where have all the houses gone? (NYT)
  • Consumer spending is heating up. (Calculated Risk)
  • Lawmakers aim to bolster small biz recovery with MBL relief. (NAFCU Today)
  • The new social media sensation: Clubhouse. (Bloomberg)
  • Volvo plans to sell only electric cars by 2030 – seeing no future for internal combustion engines. (BI)
  • What do FIs get out of social media? (FB) I heard an interesting concept for the first time. Social listening.
  • Aligning your leadership on your data analytics strategy. (NAFCU Services Blog)
  • “Look for skills, not credentials.” (McKinsey) An interesting skill in the article? Digital literacy.
  • Manchester City’s formula for success. Run less. Win more. (Forbes)
  • You could soon charge an electric car in the time it takes to fill up a tank of gas. (BI)
  • Count me in. (Godin)
  • Shortages everywhere you look. (A Wealth of Common Sense)

About the Author

Anthony Demangone, Executive Vice President and COO, NAFCU

Anthony Demangone, NCCO is Executive Vice President and Chief Operating Officer at NAFCU, where he oversees day-to-day operations and manages the association's education, marketing, membership, human resources, building facilities, finance and information technology functions. He also authors NAFCU's executive blog, Musings from the CU Suite and co-authored "Managing and Leading Well," a book for credit union leaders, with NAFCU President and CEO Dan Berger.

Read full bio