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NCUA Webinar Will Discuss Benefits of Diversity for Credit Unions
Thursday, October 26, 2017 6:40 AM

Annual Diversity Self-Assessment Survey Now Under Way

Credit unions can learn about the many benefits of promoting diversity in their workforces and their membership during an upcoming webinar hosted by the National Credit Union Administration. The webinar, “What, Why and How: Credit Union Diversity,” is scheduled for Thursday, Nov. 2, beginning at 1 p.m. Central.

There is no charge, and online registration is available here. Participants can use this same link to log into the webinar. Registrants should allow pop-ups from this website.

The webinar will feature credit union board members and staff leaders from Municipal Credit Union, Brooklyn, New York; Self Help Credit Union, Durham, North Carolina; and North Side Community Federal Credit Union, Chicago, Illinois.

The webinar also will discuss how to use the NCUA’s Voluntary Credit Union Diversity Self-Assessment tool. This 28-question checklist is designed to support credit unions’ diversity efforts. All credit unions, but especially those with at least 100 employees, are encouraged to complete the checklist and submit it electronically to the NCUA’s Office of Minority and Women Inclusion by Dec. 30.

Submitting self-assessment results helps the NCUA analyze credit union diversity as required by Section 342 of the Dodd-Frank Act. The data received will be used to identify trends and create a baseline for evaluating diversity in the credit union system. Aggregated, anonymous data also will be used for the NCUA’s annual report to Congress. Credit unions are not required to complete the assessment, and it has no bearing on their CAMEL ratings.

Registered users can submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “CU Diversity.” Participants with technical questions about accessing the webinar may email audience.support@on24.com. This webinar will be closed captioned and then archived online here approximately three weeks following the live event.