CUNA board resolution establishes DEI as CU cooperative principle

September 13, 2019

The CUNA Board of Directors, led by Brett Martinez, president/CEO of Redwood CU in Santa Rosa, Calif., voted in favor of a resolution to clearly and prominently establish diversity, equity and inclusion as a cooperative principle of America’s credit unions.

“Diversity, equity and inclusion are a part of what credit unions do each and every day. Our cooperative principles have guided us to fulfill our mandate and be a resource to all consumers-no matter their income, race, religion. But we’re committed to doing more,” said CUNA President/CEO Jim Nussle. “In passing this resolution, we’re continuing our work to embrace diversity, equity and inclusion efforts within our organization while we support measures throughout our movement and across all cooperatives.”

The resolution comes after former board chair Maurice Smith, CEO of Local Government FCU, Raleigh, N.C., called for the cooperative principles to include diversity, equity and inclusion.