Women’s leadership alliance debuts mentorship program

The Credit Union Women’s Leadership Alliance,  created in December 2020 through the collaborative efforts of 13 female chief executives and CUNA Mutual Group, is launching a CUWLA coaching program to ensure its members can grow their organizations and avoid the need for consolidation.

The nonprofit organization seeks to distinguish itself from prior groups by serving as a sounding board solely for female member executives whose day-to-day tasks often extend beyond the C-suite, according to Lily Newfarmer, president and CEO of the $122 million-asset Tarrant County’s Credit Union in Fort Worth, Texas, and a founding member of the Alliance.

The coaching program provides executives with a one-on-one mentor for 12 weeks to address and identify areas of weakness and expand required skill sets for growth. The program is slated to go live on June 1.

With waiting lists for both coaches and mentees currently filling up, the organization will review the results of the inaugural CUWLA coaching session after its conclusion and fine-tune future instances, Newfarmer said.

Read more at American Banker: Credit Unions.