NCUA Opens New Office of Minority and Women Inclusion
OMWI was formed in response to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. OMWI Director Tawana James will oversee Dodd-Frank Act requirements relating to diversity, civil rights, and the promotion of minority and women hiring and contracting practices throughout the credit union industry.
OMWI’s mission relates to diversity in management, employment, and business activities. This includes:
• Equal employment opportunity and the racial, ethnic, and gender diversity of the workforce and senior management of the agency;
• Increased participation of minority-owned and women-owned businesses in the agency’s programs and contracts, including standards for coordinating technical assistance to such businesses;
• Assessing the diversity policies and practices of entities regulated by the agency; and
• Preserving credit unions run by minorities and/or those serving minorities.