Credit Unions Step Up Efforts to Hire People of Color

Credit unions are examining how they address diversity and inclusivity in their hiring and retention practices, and the widespread protests of racial inequity that erupted over the past year have amplified those efforts.

Already, credit unions' emphasis on their local communities enabled them to represent the racial diversity of those communities in their recruitment efforts, but that's not necessarily enough. So some credit unions are also making sure that there is diversity among those making hiring decisions, and that they are as inclusive as possible in their outreach.

These practices came to the forefront over the past year and a half.

“The murder of George Floyd in 2020 really changed the world,” said Tameka Murphy, InFirst Federal Credit Union’s vice president of human resources. Many companies worldwide got more proactive with their diversity, equity and inclusion efforts, she said.

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