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Action Needed Now: NCUA Needs to Hear from You
Monday, February 3, 2014 6:00 AM

 

In brief, the proposal would require credit unions to take numerous actions:

  • Include diversity and inclusion considerations in both employment and contracting as an important part of its strategic plan;
  • Develop a diversity policy with respect to suppliers and contractors and evaluate and assess the diversity of those entities;
  • Develop a workplace profile and diversity plan that uses metrics to evaluate and assess workforce diversity and hold management accountable for such efforts;
  • Make available to the public on your website or annual communication, your diversity strategic plan, current workforce and supplier demographic profiles, etc.

For the NCUA proposal, click here (note, the comment deadline has been extended to 02/07/14 from the original posting).

Credit unions are urged to submit comment letters to the NCUA, and don't forget to copy Suzanne Yashewski, senior vice president of regulatory and compliance with the Cornerstone Credit Union League. A copy of the comment letter submitted by Cornerstone can be found here.

For more information on the proposal and help in crafting your letter no later than Feb. 7, please click here.

If you have any questions, please contact Yashewski, at syashewski@cornerstoneleague.coop or (512) 853-8516.