Credit unions are committed to advancing diversity, equity and inclusion (DEI) and have a long history of serving underserved and diverse communities CUNA wrote to the House Financial Services subcommittee on diversity and inclusion Wednesday. CUNA submitted its letter for the record of the subcommittee’s hearing on diversity and inclusion in the context of business.
“Advancing DEI is an explicit priority of credit union leadership, including CUNA’s Board of Directors which has taken steps to ensure the association’s governance processes and workforce reflect these principles,” the letter reads. “Further, CUNA has committed to be a thought-leader on DEI for credit unions. Together, CUNA, the state credit union leagues and associations, credit union service organizations and credit unions are working to deepen DEI in the credit union industry at both the organizational and member levels.
“There is momentum around DEI at credit unions manifested in efforts to benchmark, set operational goals, and measure credit union workplace diversity, equity, and inclusion; research how credit unions are reaching and serving diverse populations; standing-room only DEI panel discussions at major credit union conferences; and commitments from leadership to make DEI a priority,” it adds.
The letter also notes:
It also notes previous CUNA Board Chairman Maurice Smith’s call for “diversity and inclusion” to be added to the seven cooperative principles.