NCUA has extended the deadline from to Jan. 31 to allow federal credit unions more time to complete and submit the voluntary Credit Union Diversity Self-Assessment. The original deadline was Jan. 15.
The Credit Union Diversity Self-Assessment is a tool designed to help credit unions evaluate and advance their diversity policies and practices. Credit unions can voluntarily use the online tool to create a baseline for action, such as making the commitment to develop new products and services aimed at addressing the needs of communities of color, increasing investment in underserved areas, or improving community marketing and outreach.
The information that is confidentially submitted in the self-assessment tool is aggregated by the NCUA Office of Minority and Women Inclusion and the results are shared anonymously, primarily in the NCUA’s annual OMWI Congressional Report and in the annual Voluntary Credit Union Diversity Self-Assessment Results Report.